Stratview Research has announced a new report on the global Vehicle Intercom System Market. According to the report, the market is likely to witness an impressive CAGR of 8.2% during the forecast period. 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 Vehicle Intercom System Market is segmented by Application Type (Military Vehicles, Commercial Vehicles, Airport Ground Support Vehicles, and Emergency Vehicles), by Component Type (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), by Technology Type (Analog, Digital), by Type (Wired Intercom System, Wireless Intercom System), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).
According to the report, 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 2018 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.
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 signifies a pivotal role in the customization of the comprehensive functionality of an intercom system.
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 to the claim for digital vehicle intercom systems across the globe, owing to effective and clear communication empowered by these systems.
Based on the type, the market is segmented as a wired intercom system and a wireless intercom system. The wireless intercom segment is estimated to register 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.
In terms of regions, the European region led the vehicle intercom system market in 2018 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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How stakeholders can benefit from this report –
This report covers a thorough analysis of the following segments:
- Vehicle Intercom System Market Dynamics.
- Market Size and forecast
- Supply Demand Value Chain.
- Vehicle Intercom System Market Current Trends/Issues/Challenges.
- Competition Companies involved.
- Effecting Technology.
- Vehicle Intercom System Market Drivers and Restraints.
The report provides a thorough analysis that reflects today’s Vehicle Intercom System Market realities and future market possibilities. The information provided in the report can play a crucial role for the users as well as investors, or those who are planning to step into the industry, in formulating growth strategies to expedite their growth process.
Experts at Stratview have compiled this report after following a detailed research methodology comprising secondary research, and primary interviews with industry stakeholders. Several authenticated sources such as company annual reports, fact books, press releases, white papers, and articles have been leveraged to gather the data.
The following are the key players in the Vehicle Intercom System Market.
- 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
Report Customization Options
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