This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Stringent Building Codes And Legislation Activate European Voice Alarms Market, Finds Frost & Sullivan

LONDON, April 9, 2013 /PRNewswire/ -- Strict building codes mandating the use of voice alarm systems (VAS) in major European markets will be a key revenue driver in the European voice alarms market. As the market matures, the integration of VAS with building management and security systems will go hand-in-hand with consolidation throughout the value chain.

New analysis from Frost & Sullivan ( http://www.buildingtechnologies.frost.com), European Voice Alarms Market, finds that the market earned approximately $145.1 million in 2012 and estimates this to reach $210.7 million in 2018.

"The European VAS market will be driven primarily by stringent building regulations in dominant markets, such as Germany, the United Kingdom, France, and the Netherlands, which mandate the use of VAS," noted Frost & Sullivan's Energy & Environmental Partner John Raspin. "The enforcement of the EN 54 standard – particularly part 16 that pertains specifically to voice alarms – is expected to result in an increase in the price of VAS due to the cost of certification."

This will likely reduce the number of small- and medium-sized companies catering to the market due to the added expense of certification and product compliance. In addition to the high cost of certification, small- to medium-sized manufacturers will also struggle to overcome price competition from larger manufacturers due to economies of scale. As the market matures, greater consolidation will be evident across the value chain.

Manufacturers and installers are increasingly providing building technologies, such as public address systems (PAS) and fire alarm systems (FAS), with integrated VAS capabilities.

"In the short- and medium-term, this trend will boost VAS revenues as it has a positive effect on market penetration," stated Raspin. "A long-term effect might be the complete integration of VAS with FAS and PAS as a standard component, which will effectively remove VAS as a separate market."

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

DOW 17,776.91 +93.33 0.53%
S&P 500 2,081.34 +12.58 0.61%
NASDAQ 4,997.4590 +5.5190 0.11%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs