Vehicle Intercom System Market Analysis | 2023-2028

Market Insights

The vehicle intercom system market was estimated at USD 938.34 million in 2022 and is likely to grow at a healthy CAGR of 7.1% during 2023-2028 to reach USD 1420.07 million in 2028.

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Market Dynamics

Introduction

Vehicle intercom systems can be referred to as intercom systems of next-generation that are used in military, commercial, emergency, and airport ground support vehicles. It is highly useful for data communication, battle management, and tactical connectivity of the network.

Vehicle intercom systems include some important components such as a central unit, radio interface unit, wireless intercom unit, loudspeaker unit, and others. The intercom system can be wired as well as wireless and runs on analog as well as digital technology.

Market Drivers

Growing intricacies of military procedures and the necessity for smoother communication in emergency vehicles are the factors that are driving the growth of the global vehicle intercom system market.

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Key Players

Some of the major players in the market are:

• ASELSAN A.S.
• COBHAM PLC
• Communications-Applied Technology (C-AT)
• David Clark Company
• ELBIT Systems Ltd.
• EID, S.A.
• GENTEX Corporation
• Harris Corporation
• Leonardo DRS
• MER Group

Note: The above list does not necessarily include all the top players in the market.

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Segment Analysis

By Application Type

Based on the application type, the market is segmented as military vehicles, commercial vehicles, airport ground support vehicles, and emergency vehicles. The military vehicles segment led the market in 2022 and is estimated to remain dominant during the forecast period. Military upgrading programs across the globe and increasing research and development activities executed by companies and governments to enhance the competence and working of military vehicles are some of the factors that are anticipated to bolster the growth of this segment in the coming five years.

By Component Type

Based on the component type, the market is segmented as central unit, crew control unit, radio interface unit, intercom user unit, wireless intercom unit, headset dismounted interface, loudspeaker unit, adapter, wire/cable, and tactical ethernet switch. The central unit segment is estimated to dominate the market during the forecast period. Various companies are working to scientifically upgrade the central unit of vehicle intercom systems, as the unit plays a pivotal role in the customization of the comprehensive functionality of an intercom system.

By Technology Type

Based on the technology type, the market is segmented as analog and digital. The digital segment is projected to lead the market in the coming five years. The growth is attributed by the claim for digital vehicle intercom systems across the globe, owing to effective and clear communication empowered by these systems.

By Type

Based on the type, the market is segmented as wired intercom systems and wireless intercom systems. The wireless intercom segment is estimated to register a higher growth during the forecast period. Wireless networks enable crew members to move with comfort without being tethered to a static position. This, in turn, is contributing to the demand for wireless networks. 

Regional Insights

In terms of regions, the European region led the market in 2022 and is also expected to maintain its dominance during the forecast period. Military developments by countries, such as Russia, the UK, France, and Germany, and the high usage of intercoms in emergency and commercial vehicles in these nations are expected to boost the vehicle intercom system market in this region. North America and Asia-Pacific are also expected to offer substantial growth opportunities in the coming five years.

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Research Methodology

• This strategic assessment report from Stratview Research provides a comprehensive analysis that reflects today’s vehicle intercom system market realities and future market possibilities for the forecast period.
• The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market.
• The vital data/information provided in the report can play a crucial role for market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate growth strategies to expedite their growth process.
• This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.
• More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data.
• We conducted more than 15 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market. The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis.
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
• Market trend and forecast analysis.
• Market segment trend and forecast.
• Competitive landscape and dynamics: Market share, Service portfolio, New Product Launches, etc.
• COVID-19 impact and its recovery curve
• Attractive market segments and associated growth opportunities.
• Emerging trends.
• Strategic growth opportunities for the existing and new players.
• Key success factors.

Market Segmentation

This report studies the market, covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market.

The vehicle intercom system market is segmented into the following categories.

By Application Type

• Military Vehicles
• Commercial Vehicles
• Airport Ground Support Vehicles
• Emergency Vehicles

By Component Type

• Central Unit
• Crew Control Unit
• Radio Interface Unit
• Intercom User Unit (IUU)
• Wireless Intercom Unit
• Headset Dismounted Interface
• Loudspeaker Unit
• Adapter
• Wire/Cable
• Tactical Ethernet Switch

By Technology Type

• Analog
• Digital

By Type

• Wired Intercom System
• Wireless Intercom System

By Region

• North America (Country Analysis: the USA, Canada, and Mexico)
• Europe (Country Analysis: Germany, France, the UK, Russia, and Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
• Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

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Report Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to 3 players)
• SWOT analysis of key players (up to 3 players)

Market Segmentation

• Current market segmentation of any one of the types by technology type.

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances.

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