In recent years, there has been rapid increase in number of natural and man-made catastrophes such as fire, earthquakes, floods, terrorist attacks, hijacking and others across the globe and has caused severe damage to the global economies along with huge loss of human life. Due to changing climatic conditions, increasing migration in search of job/population to disaster-prone zones/hazardous location has increased and is of the reasons for such losses. Several recent studies shows that the economic losses from such disasters will continue to escalate unless organizations take indispensable steps to reduce their exposure to disaster risks.
The Intelligent Emergency Response System and Infrastructure (IRSI) comes into play at the time of such emergencies. During such situations alerts are made to the respective health and public administration bodies. Along with that it also sends alerts to a large audience in the region with customized content or directions. These systems in effect can also be called as Emergency Response Systems'.
Due to increasing awareness about the importance of security, replacement of existing architecture with new emergency systems, rise in mining, exploration and hazardous industry and other factors will be key drivers augmenting the growth of the Intelligent Emergency Response System and Infrastructure (IRSI) solutions market.
The major components for Global Intelligent Emergency Response System and Infrastructure market is dominated by the sensors accounting for 40.31% share followed by Detectors and Programmable Logic Controller (PLC). Owing to the fastest-growth in some of the verticals such as industrial, energy & power and mining and modernization of the existing industrial/commercial buildings as well as the new constructions will be the key driver, positively impacting the sensors usage in IRSI solutions.
Whereas, emergence of Decision Support System (DSS) with new features and models is expected to change the market dynamics for IRSI market, as these advancements will further change the scenario for different regions.
North America accounts for largest market share of 34.23% in 2014 followed by Europe. United States, accounting for $9.38 billion in 2014, remains to be the key region driving the North America's growth, owing to rising need for new standards & regulations to rejuvenate emergency response in the nations.
However, growing economy, shift in focus of the government towards advanced solutions with public-private partnerships and increasing penetration of advanced technological solutions in emergency situations is expected to drive Asia-Pacific region for the forecast period.
The application of IRSI encompasses multiple sectors, such as Oil, Gas and Power, Defense, Mining and others. But, the major growth in the intelligent emergency response system market is coming from the defense segment due to the need to upgrade or replace obsolete emergency response systems.
Some of the major players mentioned in the report are Honeywell, Bosch, Axis, Digital Acoustics, AtHoc Inc. and Everbridge Inc.
1.2 Market Definition
1.3 Market Scope
2. Research Methodology
3. Executive Summary
4. Market Overview
4.2 Industry Value Chain Analysis
4.3 Suppliers and Distributers
4.4 Porter's Five Industry Forces Analysis
4.4.1 Industry competition
4.4.2 Potential of new entrants
4.4.3 Power of suppliers
4.4.4 Power of customers
4.4.5 Threat of substitute products
4.5 Norms and Regulations
5. Market Dynamics
5.2.1 Governmental Regulations
5.2.2 Increased awareness
5.2.3 Increase of hazardous industries
5.2.4 Emergence of DSS
5.3.1 Lack of Skilled Personnel
5.4.1 Scope to Increase Accuracy
5.4.2 Improve functionality and analysis capability
5.4.3 Adapting to dynamically changing conditions
5.4.4 Better understanding of hazard propagation
5.5.1 Lack of Technological Homogeneity
5.5.2 Insufficient Incentives
5.5.3 High cost of installation
5.5.4 Infrastructural hindrance
6. Market Segmentation
6.1 By Component
6.1.4 Wireless Chipset
6.1.5 Programmable Logic Controller (PLC)
6.1.6 Access Control
6.2 By System
6.2.1 Broadcasting System
6.2.2 Communications System
6.2.3 Perimeter Intrusion System
6.2.5 Surveillance System
6.3 By System Type
6.3.1 Physical Security
6.3.2 Life Security
6.3.3 Facility Management Security
6.4 By End User
6.4.2 Oil, Gas and Power
6.5 By Geography
6.5.1 North America
6.5.3 Asia Pacific
188.8.131.52 South Korea
6.5.4 Middle East
6.5.6 Latin America
7. Competitive Assessment - Market Shares, Profiles, Overview, Products and Services, Business Strategies, Recent Developments and Innovations
7.5 Vodafone Group
7.6 TOA Corporation
7.7 UNI-PEX Co. Ltd
7.8 Denyo Co. Ltd
7.9 Micron Technologies
7.10 Cooper Industries
7.11 Athoc Inc.
7.13 Vocal Technologies
7.14 Digital Acoustics
7.15 Everbridge Inc.
8. Market Landscape
8.1 New Product Launches
8.2 Market Opportunity Analysis
8.4 Mergers and Acquisitions
8.5 Winning Imperatives
8.5.1 Conducting Technological Training
8.5.2 Concentration on Open Ended Architecture
8.5.3 Integration of existing norms with the existing and the new systems