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  • Vehicle Intercom System Market Growth Analysis | 2023-2028

    Vehicle Intercom System Market Growth Analysis | 2023-2028

    Vehicle Intercom System Market Growth Analysis | 2023-2028
    Report code - SRTI154 Delivery - 2 Weeks
    Vehicle Intercom System Market Size, Share, Trends, Forecast, & Growth Analysis - 2023 See more...

    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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    What are vehicle intercom systems?

    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.

    Vehicle Intercom System Market Report Highlights

    Market Size in 2022

    USD 938.34 million

    Market Size in 2028

    USD 1420.07 million

    Market Growth (2023-2028)

    7.1% CAGR

    Base Year of Study

    2022

    Trend Period

    2017-2021

    Forecast Period

    2023-2028

    Market Dynamics

    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.

    Vehicle-Intercom-System-Market-Dynamics

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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 vehicle intercom system 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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    Critical Questions Answered in the Report

    • What are the key trends in the global market?
    • How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in the next five years?
    • What is the impact of COVID-19 on the global market?
    • What are the key strategies adopted by the major vendors to lead in the market?
    • What is the market share of the top vendors?

    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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    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

    Research Methodology

    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 10 detailed primary interviews with the market players across the value chain in all four regions and with 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 the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

    What Deliverables Will You Get in this Report?

    Key questions this report answers

    Relevant contents in the report

    How big is the sales opportunity?

    In-depth Analysis of the Vehicle Intercom System Market

    How lucrative is the future?

    Market forecast and trend data and emerging trends

    Which regions offer the best sales opportunities?

    Global, regional, and country-level historical data and forecasts

    Which are the most attractive market segments?

    Market Segment Analysis and Forecast

    Which are the top players and their market positioning?

    Competitive landscape analysis, Market share analysis

    How complex is the business environment?

    Porter’s five forces analysis, PEST analysis, Life cycle analysis

    What are the factors affecting the market?

    Drivers & challenges

    Will I get the information on my specific requirements?

    10% free customization

    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.

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com.

    Frequently Asked Questions (FAQs)

    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.

    The vehicle intercom system market was estimated at USD 938.34 million in 2022.

    The vehicle intercom system market is likely to reach USD 1420.07 million in 2028.

    The vehicle intercom system market is likely to grow at a healthy CAGR of 7.1% during 2023-2028.

    ASELAN A.S., COBHAM PLC, Communications- Applied Technology (C-AT), David Clark Company, ELBIT Systems Ltd., EID, S.A., DENTEX Corporation, Harris Corporation, Leonardo DRS, and MER Group are the key players in the market.

    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.

    The central unit segment is expected to remain dominant in the market during the next five years.

    Europe is expected to remain dominant in the market during the forecast period.

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