REPORT OVERVIEW
-
Request a Free Sample to learn more about this report
The global emergency evacuation chair market size was USD 90.61 million in 2022. The global COVID-19 pandemic has been unprecedented and staggering, with emergency evacuation chair market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. As per our research, the market is expected to reach USD 120.95 million in 2028, exhibiting a CAGR of 4.93% during the forecast period. The sudden decline in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.
In an emergency, a tool called the Emergency Evacuation Chair can be utilized. These chairs, for instance, enable for a speedy escape downstairs without having to climb them in the event of an earthquake or fire and people needing to rapidly leave the building. They are also helpful for those who have trouble going upstairs and downstairs. On the one hand, the evacuation chair is essential for the workplace's fire safety. The emergency evacuation chair can be used as an emergency evacuation aid on practically any indoor staircase in a variety of settings, whether it is made of metal, wood, concrete, carpet, hardwood, or stairs with protective front borders. Emergency evacuation chairs can make it easier for persons who have mobility issues to flee in dire situations, as the 911 event in the United States.
For this reason, many large-scale locations will use emergency evacuation chairs and related training as part of their emergency preparedness plans to make sure that those who might require assistance climbing stairs in an emergency but are difficult to move have access to evacuation stair chairs.
The Growth Elements The market is primarily driven by rising rates of accidents and injuries in residential areas, workplaces, transportation, and nations with ageing populations. The rising use of emergency evacuation chairs across various industries can also be attributed to improved knowledge of safety precautions. In addition, discretionary earnings and growing living standards. Disability rates are rising as the world's population ages. People’s awareness of safety and security has grown. There are more and more natural disasters, such as hurricanes and typhoons, wreaking havoc in different parts of the world, including the Asia Pacific, which is currently experiencing ongoing earthquakes and tsunamis.
COVID-19 Impact: Temporary Lockdowns to Decline Market Growth
The COVID-19 epidemic hampered the expansion of the local emergency evacuation chair market. The implementation of massive COVID-19 vaccination programmes and the relaxation of lockdowns in numerous nations, however, resulted in the restart of economic activity. Additionally, some governments unveiled stimulus plans and started business assistance programmes, which aided in the market's recovery and expansion. During the projected period, these factors are anticipated to fuel the expansion of the regional voice evacuation market.
LATEST TRENDS
"Transportation Industry to Provide More Opportunities for The Market"
The global emergency evacuation chair is used in the transportation industry to ensure safety and security for people who are boarding or getting off of vehicles like trains and airplanes, as well as for members of the crew. These chairs let the user to move independently, with no support from others, making it simpler to leave a situation with few injuries if something goes wrong.
SEGMENTATION
-
Request a Free Sample to learn more about this report
- By Type
Based on type market is classified as excel evac chair and standard evac chair.
- By Application
Based on application market is classified as household, commercial building, government & public buildings and others.
DRIVING FACTORS
"High Convenience of the Equipment to Augment Market Growth"
The evacuation chairs that help individuals avoid injury while descending from a height or building are the descend steps. Emergency chairs for stairs are made to take people down the stairway. These evacuation chairs have a removable seat that is used to move patients downward and steer them away from any potential obstacles in their path. The emergency escape gadgets that assist people in moving up staircases during an emergency evacuation called ascend stairs. These kinds of chairs are considerably easier to move around in than dragging someone upstairs or having someone else carry them because they have a handlebar and two wheels on either side.
"User Friendly Interface of the Equipment to Provide Impetus to the Market"
The global emergency evacuation chair is used in households to transport people from floors when stairs are not accessible. The elderly, children, and those with impairments can all use this chair. These seats come in handy during home fires and power outages, as well as in emergencies that call for evacuation, such earthquakes or flooding. The chair is used in commercial buildings to provide two different types of evacuation chairs for stairways. Steps that descend and stairs that ascend. People who are less mobile or impaired would be able to rapidly and safely exit a building with the assistance of these chairs.
RESTRAINING FACTORS
"Compatibility Issue to Impede Market Growth"
The development of the voice evacuation systems market may be hampered by the compatibility issue. Due to interoperability concerns, voice evacuation system integration with modern technologies is challenging. For instance, whereas INSTEON devices are supported by some building control systems, X10 devices are not.
REGIONAL INSIGHTS
-
Request a Free Sample to learn more about this report
"North America to Dominate the Market Due to Increase of Natural Disasters and Population Growth"
Throughout the projected period, North America is anticipated to dominate the global market for emergency evacuation chairs. The increase of natural disasters and population growth in North America are both responsible for the market's expansion. With a market share of over 51% in the Latin American region, North America accounted for more than half of the world's sales of evacuation chairs. The expanding population and rising awareness of safety rules are two factors that have contributed to the expansion of the Latin American market. The need for evacuation chairs in the European region is being driven by an ageing population and rising funding for security measures against terrorist attacks.
KEY INDUSTRY PLAYERS
"Key Players Focus on Partnerships to Gain a Competitive Advantage"
Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolios.
List of Market Players Profiled
- Escape Mobility Company Ltd. (Netherlands)
- Junkin (U.S.)
- AOK Global Products LTD (U.S.)
- line2 (U.S.)
- Evacuscape (U.S.)
- Garaventa Evacu-Trac (Austria)
- Stryker (U.S.)
- EVAC+CHAIR (U.K.)
REPORT COVERAGE
The report anticipates a detailed analysis of the global market size at the regional and national level, the ssegmentation market growth and market share. The prime objective of the report is to help user understand the market in terms of definition, market potential, influencing trends, and the challenges faced by the market. Aanalysis of sales, the impact of the market players, recent developments, opportunity analysis, strategic market growth analysis, territorial market expansion, and technological innovations are the subject matter explained in the report.
REPORT COVERAGE | DETAILS |
---|---|
Market Size Value In |
US$ 90.61 Million in 2022 |
Market Size Value By |
US$ 120.95 Million by 2028 |
Growth Rate |
CAGR of 4.93% from 2022 to 2028 |
Forecast Period |
2024-2032 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
Type and Application |
Frequently Asked Questions
-
Which are the driving factors of the emergency evacuation chair market?
High convenience of the equipment and user-friendly interface of the equipment are the driving factors of the emergency evacuation chair market growth.
-
What is the leading region in the emergency evacuation chair market?
North America to dominate the emergency evacuation chair market share due to increase of natural disasters and population growth.
-
Which are the top companies operating in the emergency evacuation chair market?
Emergy, Cellennium (Thailand) Company Limited, American Vanadium Corp, Vanadis, Vionx, Garaventa Evacu-Trac, CarryLite, EVAC+CHAIR are the top companies operating in the emergency evacuation chair market.