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NEW YORK , Nov. 26, 2024 /PRNewswire/ -- Report on how AI is redefining market landscape - The global voice evacuation systems market size is estimated to grow by USD 1.1 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 16.84% during the forecast period. Growth of real estate and construction industry is driving market growth, with a trend towards adoption of lot in building control systems. However, high initial cost of installation of voice sounder and loudspeakers poses a challenge. Key market players include 4EVAC Hacousto Holland BV, ABB Ltd., Ambient System SP ZOO, ATEIS International SA, Audico Systems Oy, Baldwin Boxall Communications Ltd., Cofem SA, Eaton Corp. Plc, Hochiki America Corp., Honeywell International Inc., Johnson Controls International Plc, Mircom Group of Companies, NAFFCO FZCO, OPTIMUS SA , ORR Protection Systems Inc., Protec Fire and Security Group Ltd., Robert Bosch GmbH, Siemens AG, TOA Corp., and Zeta Alarms Ltd.. Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF Market Driver Voice evacuation systems, also known as voice alarm systems, are becoming increasingly popular for emergency communication in public facilities, commercial buildings, industrial sites, educational institutions, and healthcare facilities. These systems use spoken messages to alert individuals of potential risks, such as fire breakouts, in a calm and clear manner. This trend is driven by the need for safe evacuation during unprecedented events, ensuring the safety and awareness of individuals in secure environments. Traditional fire alarm systems have limitations, such as the use of horns or chimes which can cause panic. Voice evacuation systems offer a more effective solution by providing customized messages and clear instructions. The initial financial investment for voice evacuation systems can be higher than traditional systems due to necessary equipment, customization, and professional installation services. However, the long-term benefits, including cost savings from retrofitting existing buildings and seamless communication with building automation systems, make it a worthwhile investment. The decision-making process for potential clients includes considering the building size, complex zoning, and existing building technologies. Voice evacuation systems offer interoperability with smart building technologies, elevators, and real-time monitoring, making them a converging solution for safety and security. With the industry shift towards innovative technologies, compatibility challenges with existing building technologies and communication protocols are being addressed. Safety and wellbeing are top priorities for private buildings, residential areas, public sector undertakings, industrial units, governments, and corporations. Voice evacuation systems are an essential part of safety solutions, ensuring social consideration for individuals with disabilities, impairments, and an ageing population. These systems offer a critical infrastructure for emergency communication, providing effective solution for evacuation during fire incidents. The Internet of Things (IoT) has revolutionized building systems and safety equipment by enabling interconnected devices to exchange data over a network. Traditionally, voice evacuation systems operated independently. However, integrating IoT technology has significantly improved their functionality. This integration enhances data and control management, ensuring quick response and notification without human intervention. The development of mesh networks further supports connectivity, allowing every device to function as a node to a central location. This advancement in technology not only increases reliability but also eliminates redundancy, making voice evacuation systems more efficient and effective. Request Sample of our comprehensive report now to stay ahead in the AI-driven market evolution! Market Challenges Voice evacuation systems are essential safety solutions for public facilities, commercial buildings, industrial facilities, educational institutions, and healthcare facilities. These systems deliver spoken messages during emergencies like fire breakouts, unprecedented events, or fire incidents. Traditional alarm systems using horns or chimes can cause panic and confusion. Voice evacuation systems provide clear instructions for safe evacuation, enhancing safety, awareness, and security. However, adopting voice evacuation systems comes with challenges. Cost is a significant factor, influenced by building size, necessary equipment, and professional installation services. Complex zoning, customization, and hardware costs add to the initial financial investment. Custom content and audio quality are essential considerations. Retrofitting existing buildings with voice evacuation systems can be complex due to interoperability issues with existing building technologies, communication protocols, and compatibility challenges. Critical infrastructure like airports, stadiums, and other public spaces require evacuation systems to ensure safety and wellbeing. Safety and social considerations, such as an ageing population, disabilities, and impairments, necessitate innovative technologies and assistance in understanding risks. The convergence of voice evacuation systems with smart building technologies, building management, real-time monitoring, and building automation systems offers seamless communication and evacuation processes. The industry shift towards voice evacuation systems underscores the importance of professional skills in installation and design, as well as the need for preloaded messages and custom content. The decision-making process for potential clients includes considering the potential risks, necessary equipment, and the benefits of voice evacuation systems over traditional alarm systems. Voice evacuation systems are essential safety features in residential, commercial, and industrial sectors. In small and mid-size buildings, the cost of deploying these systems includes hardware installation, which is the largest expense, and minimal service and maintenance costs. However, in large buildings and high-rise residential complexes, regulations mandate the installation of automated emergency alarms and voice evacuation systems, leading to higher procurement and setup costs. In the commercial sector, especially healthcare facilities, educational institutions, and hotels, the expense of installing multiple systems, including emergency alarm control systems, is significant. Overall, the cost of voice evacuation systems varies depending on the size and complexity of the building or facility. Discover how AI is revolutionizing market trends- Get your access now! Segment Overview This voice evacuation systems market report extensively covers market segmentation by 1.1 Commercial sector 1.2 Industrial sector 1.3 Residential sector 2.1 Voice sounders 2.2 Loudspeakers 2.3 Emergency microphones 2.4 Networked and wireless system 3.1 APAC 3.2 North America 3.3 Europe 3.4 Middle East and Africa 3.5 South America 1.1 Commercial sector- The commercial sector is experiencing significant growth in the voice evacuation systems market due to increased regulations and safety awareness. This trend is driven by stringent government requirements and user education in various countries. The global market is also benefiting from rising foreign direct investment and construction activity in emerging economies. A major technological advancement is the integration of voice evacuation systems with fire alarms and security control systems. However, compatibility and interoperability challenges persist when integrating these systems with existing infrastructure. Mature markets like the US, Canada , and parts of Europe will primarily focus on replacement activities and software upgrades. In contrast, the Middle East and Africa (MEA) region, particularly Dammam in Saudi Arabia , is poised for substantial growth due to commercial hub development and expanding retail sectors. Key projects like the Al-Rehab project in Dammam are expected to boost market expansion during the forecast period. Download a Sample of our comprehensive report today to discover how AI-driven innovations are reshaping competitive dynamics Research Analysis Voice evacuation systems, also known as voice alarm systems, are essential components of modern public address (PA) systems designed to ensure safety and order during emergency situations. These systems use spoken messages to alert and guide people in buildings during unprecedented events such as fire breakouts. They are installed in various public facilities, including private buildings, residential areas, public sector undertakings, industrial units, government establishments, and new age constructions. The voice evacuation system is a crucial part of a building's ecosystem, prioritizing safety and wellbeing, and is a matter of corporate social responsibility and strict safety laws. The system's detectors trigger a preloaded message, which may include instructions on the nature of the emergency and the safest evacuation routes. The message can be delivered through a voice alarm or a combination of voice and horn or chime. The effective implementation of voice evacuation systems requires professional skills and adherence to industry standards. Market Research Overview Voice evacuation systems, also known as voice alarm systems, are essential safety solutions designed to ensure safe evacuation of individuals in public facilities and buildings during fire breakouts or unprecedented events. These systems use spoken messages instead of traditional alarm systems with horns or chimes to provide clear instructions and reduce panic. Public facilities, commercial buildings, industrial facilities, educational institutions, and healthcare facilities all benefit from voice evacuation systems, prioritizing safety, awareness, security, and the wellbeing of individuals. The adoption of voice evacuation systems is driven by potential risks such as fire incidents and the need for evacuation systems to protect assets. Traditional alarm systems may not provide adequate communication during emergencies, making voice evacuation systems a cost-effective and necessary investment for buildings of all sizes. Customization is a crucial factor, with prefabricated messages and custom content available to cater to specific building needs. Audio quality, initial financial investment, and necessary equipment are essential considerations in the decision-making process. Professional installation services ensure seamless communication and interoperability with existing building technologies, including building management systems, elevators, and smart building technologies. Voice evacuation systems are increasingly important in private buildings, residential areas, public sector undertakings, industrial units, government establishments, and new age buildings. The safety and wellbeing of individuals, corporate social responsibility, and strict safety laws are driving the industry shift towards voice evacuation systems. Existing buildings may require retrofitting with voice evacuation systems, posing challenges related to existing building technologies, communication protocols, and compatibility with proprietary technologies. Critical infrastructure and converging technologies, such as building automation systems, elevators, and real-time monitoring, are essential considerations in the adoption of voice evacuation systems. The voice evacuation system market is continually evolving, with innovative technologies addressing consumer requirements and addressing the unique needs of various sectors. Detectors, preloaded messages, and modern designs are essential components of voice evacuation systems, ensuring effective and efficient evacuation during emergencies. The understanding of risks, social considerations, and the ageing population, disabilities, and impairments are crucial factors in the design and implementation of voice evacuation systems. Table of Contents: 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation End-user Commercial Sector Industrial Sector Residential Sector Type Voice Sounders Loudspeakers Emergency Microphones Networked And Wireless System Geography APAC North America Europe Middle East And Africa South America 7 Customer Landscape 8 Geographic Landscape 9 Drivers, Challenges, and Trends 10 Company Landscape 11 Company Analysis 12 Appendix About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contacts Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: [email protected] Website: www.technavio.com/ SOURCE TechnavioHome | News | President Elect Trump Transfers Close To 4 Billion Worth Trump Media Shares To Trust President-elect Trump transfers close to $4 billion worth Trump Media shares to trust Shares of Trump Media and Technology Group slid in midday trading Friday after President-elect Donald Trump transferred all of his shares into a revocable trust, according to a regulatory filing. By PTI Published Date - 20 December 2024, 11:49 PM File Photo Washington: Shares of Trump Media and Technology Group slid in midday trading Friday after President-elect Donald Trump transferred all of his shares into a revocable trust, according to a regulatory filing. Trump transferred all of his nearly 115 million shares — worth around USD 4 billion on paper — in the parent company of social networking site Truth Social as a “bona fide gift” to the Donald J. Trump Revocable Trust, the Securities and Exchange Commission filing on Thursday said. Trump’s shares amount to more than half of the company’s stock. It’s not clear why Trump transferred the stock. Donald Trump Jr. is the sole trustee and has sole voting and investment power over all securities owned by the trust. Trump Media shares were down about 2 per cent at midday, to USD 34.68 each. At one point Friday, they were down around 6 per cent. Trump Media shares have been extremely volatile since the company began trading in March. They reached intraday highs close to USD 80 on the first day of trading, then slumped to all-time lows in September when Trump and other insiders were finally allowed to sell shares after standard lock-up agreements expired. Trump has not sold any shares in the company. The company’s stock price has fluctuated wildly on news — good and bad — related to Trump. They tumbled after Trump’s conviction in a hush money trial in May, then surged after the first assassination attempt on Trump in July. They surged again after he won re-election in November, even as the company reported a USD 19.2 million third-quarter loss. Trump created Trump Media after he was banned from Twitter and Facebook following the January 6, 2021, Capitol riot. Follow Us : Tags Donald J. Trump Revocable Trust Donald Trump Securities and Exchange Commission Shares of Trump Media Related News Trump threatens to impose reciprocal tax on India New York state judge lets Trump’s conviction in hush money case stand; Rejects possible presidential immunity Time to get rid of daylight saving time: Donald Trump Meta donates $1 million to Trump’s inauguration fund
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MT. STERLING, Ohio , Dec. 20, 2024 /PRNewswire/ -- WillowWood, a global leader in prosthetic solutions, is proud to announce its receipt of the prestigious Gold Anthem Award Honor in the Product and Innovation category for its 2024 rebrand. The award recognizes the transformative collaboration with DD.NYC that has redefined WillowWood's visual identity, emphasizing its mission to improve mobility, push the forefront of the prosthetic industry, and enhance the quality of life for individuals worldwide. The Anthem Awards is the largest and most comprehensive social impact award, recognizing work across five areas of impact including Awareness, Fundraising, Community Engagement, Product, Innovation & Service, and Team & Internal Initiatives, for seven causes: Diversity Equity & Inclusion, Education Art & Culture, Health, Human & Civil Rights, Humanitarian Action & Services, Responsible Technology, and Sustainability Climate & Environment. By amplifying the voices that spark global change, the Anthem Awards are defining a new benchmark for impactful work that inspires others to take action in their own communities. With over 2,300 submissions from 44 countries around the world, 10,000+ reviews from jurors, and over 33,000 supporters in the Anthem Community Voice, the 4th Annual Anthem Award Winners were announced on November 19, 2024 . WillowWood's rebrand stood out among this global competition, showcasing an unwavering commitment to empowering prosthetic users through advanced technology and compassionate care. "This recognition is a testament to the heart and soul of WillowWood's mission and DD.NYC's commitment to reimagining brands in a way that stays true to that heart and soul," said Mahesh Mansukhani , CEO of WillowWood. "Our partnership with Digital Design NYC allowed us to craft a brand identity that not only honors our legacy but also propels us into the future. The rebrand reflects our promise to provide innovative prosthetic solutions that enhance mobility and transform lives." The creative process was a seamless collaboration between WillowWood and DD.NYC. Together, the teams developed a rebrand strategy that blends contemporary design elements with an innovation-centered focus. Key features include a revitalized logo, a cohesive color palette inspired by movement and vitality, and a redesigned website offering an intuitive user experience for clinicians and prosthetic users alike. "From the outset, we sought to encapsulate the essence of WillowWood's dedication to improving lives through innovation," said Anjelika Kour , Creative Director at DD.NYC. "The resulting rebrand is both striking and meaningful, capturing the spirit of mobility and resilience that defines WillowWood." The Gold Anthem Award underscores the significant impact of WillowWood's reimagined brand, resonating with both the prosthetics community and broader audiences. As a leader in the industry, WillowWood continues to champion inclusivity, innovation, and hope. To explore the award-winning rebrand and learn more about WillowWood's mission and products, visit willowwood.com . To learn more about the many industry-changing projects and services of DD.NYC, visit dd.nyc . About WillowWood: Based in Mount Sterling, Ohio , WillowWood Global is an industry leading designer, manufacturer, and distributor of prosthetic products, including liners, feet, vacuum systems and components. Recognized for its products' superior innovation, quality, and patient outcomes, WillowWood's portfolio includes the Alpha ® family of liners, including the first myoelectric Alpha ® Control Liner, the META ® family of feet, the LimbLogic ® vacuum system, and now the XtremityTT ® socket system. For over 117 years, WillowWood's prosthetic products have helped individuals with limb loss find comfort and functionality, remain active and live life to the fullest. About DD.NYC: DD.NYC® is an award-winning Manhattan -based creative agency specializing in branding, web design, packaging, and video storytelling. Since its founding in 2015, the agency has been recognized for its innovative approach and adaptability across industries, with a strong focus on the medical and healthcare sectors. About The Anthem Awards: Launched in 2021 by The Webby Awards, The Anthem Awards honors the purpose & mission-driven work of people, companies and organizations worldwide. By amplifying the voices that spark global change, we're defining a new benchmark for impactful work that inspires others to take action in their own communities. The Anthem Awards honors work across seven core causes: Diversity; Equity & Inclusion; Education; Art & Culture; Health; Human & Civil Rights; Humanitarian Action & Services; Responsible Technology; and Sustainability, Environment & Climate. This season's partners include Ms. Magazine, The Female Quotient, Sustainable Brands, NationSwell, and TheFutureParty. The Awards were founded in partnership with the Ad Council, Born This Way Foundation, Feeding America, Glaad, Mozilla, NAACP, NRDC, WWF, and XQ. About The Webby Awards: Hailed as the "Internet's highest honor" by The New York Times , The Webby Awards is the leading international awards organization honoring excellence on the Internet, including Websites and Mobile Sites; Video; Advertising; Media & PR; Apps & Software; Social; Podcasts; Games and AI, Metaverse & Virtual. Established in 1996, The Webby Awards received nearly 13,000 entries from all 50 states and over 70 countries worldwide this year. The Webby Awards are presented by the International Academy of Digital Arts and Sciences (IADAS). Sponsors and Partners of The Webby Awards include WP Engine, LinkedIn, Meltwater, NAACP, KPMG, Wall Street Journal, Vox Media, Deadline, AdAge, TechCrunch, The Hollywood Reporter, The Hustle, Morning Brew, Passionfruit, Embedded, Link in Bio, Creator Economy NYC, Creator Spotlight, AIGA, Vote Save America, and The Publish Press. Media contact: Marketing@willowwood.com View original content to download multimedia: https://www.prnewswire.com/news-releases/willowwood-rebrand-by-ddnyc-wins-gold-anthem-award-for-product-and-innovation-in-2024-rebrand-302337766.html SOURCE WillowWood GlobalOregon Tech’s storied athletic history came to life recently when five former standouts were added to the Howard Morris Athletic Hall of Fame. “This is a chance for us to share our history, and we have coaches now who are on the shoulders of what others did before them,” athletic director John VanDyke said before a packed house for the induction ceremonies. 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And finally, the day arrived. Real Madrid stepped back onto the European stage, 10 days earlier than anyone had expected. The atmosphere was electric, the tension thick in the air. But as the referee blew the whistle to start the game, all doubts and fears were set aside. It was time to show the world what they were made of.WASHINGTON , Dec. 20, 2024 /PRNewswire/ -- It is with deep sadness that Universities Space Research Association (USRA) announces the passing of Dr. Berrien Moore III , an internationally recognized leader in Earth Science and an invaluable member of the USRA Board of Trustees. Dr. Moore passed away on December 17, 2024 , in Norman, Oklahoma . He was the Dean of the College of Atmospheric and Geographic Sciences and Director of the National Weather Center at the University of Oklahoma . Dr. Moore was elected to the USRA Board of Trustees in 2019 and re-elected for a second term in 2022. He served in multiple leadership capacities on the Board, including Chair of the Compensation Committee, inaugural Chair of the University Engagement Committee, and, since 2021, Vice Chair of the Board. Gen Lester Lyles , Chair of the USRA Board of Trustees said, "We are profoundly grieved by the loss of Berrien Moore , a treasured member of our Board. Berrien was a strong leader and a dedicated advocate for Earth Science. With his wit and charm, Berrien was more than just a colleague, he was a true friend to everyone. On behalf of the entire Board, I extend our heartfelt condolences to Berrien's family and loved ones during this challenging time." Dr. Jeffrey Isaacson , President and CEO of USRA commented, "At USRA, we are deeply saddened by this news. This is a terrific loss for our Association, but we are grateful to have had the privilege of working with Berrien and are indebted by his many contributions. All of us at USRA extend our heartfelt condolences, prayers, and support to his family." Dr. Moore served in several capacities with NASA including as Principal Investigator of NASA's Geostationary Carbon Cycle Observatory (GeoCarb) mission that placed University of Oklahoma at the forefront of climate research. He also served as chair of NASA's Space and Earth Science Advisory Council, as a member of the NASA Advisory Council, and was on several other committees. As a Coordinating Lead Author for the Intergovernmental Panel on Climate Change, he contributed to the body of work that garnered the 2007 Nobel Peace Prize. His honors include NASA's highest civilian honor, the Distinguished Public Service Medal for outstanding service, the NOAA Administrator's Recognition Award, and the 2007 Dryden Lectureship in Research medal by the American Institute of Aeronautics and Astronautics. Dr. Moore is survived by his wife Lucia and his daughter Leila. About USRA Founded in 1969, under the auspices of the National Academy of Sciences at the request of the U.S. Government, the Universities Space Research Association (USRA) is a nonprofit corporation chartered to advance space-related science, technology, and engineering. USRA operates scientific institutes and facilities and conducts other major research and educational programs. It is an association with 121 university members. It engages the broader university community, employs in-house scientific talent, and offers innovative research, development, and project management expertise. More information about USRA is available at www.usra.edu . PR Contact: Suraiya Farukhi sfarukhi@usra.edu 443-812-6945 View original content to download multimedia: https://www.prnewswire.com/news-releases/usra-mourns-the-loss-of-dr-berrien-moore-iii-a-distinguished-member-of-the-board-of-trustees-302337533.html SOURCE Universities Space Research Association
