Vehicle Intercom System Market Forecasts to 2028 – Global Analysis By Technology (Analog, Digital), Type (Wired Intercom System, Wireless Intercom System), Application (Defense, Marine, Aerospace & Aviation) and By Geography
According to Stratistics MRC, the Global Vehicle Intercom System Market is accounted for $974.53 million in 2020 and is expected to reach $1,885.53 million by 2028 growing at a CAGR of 8.6% during the forecast period. Some of the factors such as the rising complexity of armed operations in emergency vehicles and technological innovations in the communications industries are driving the market growth. However, increasing threats of cyber warfare are hampering market growth.
The vehicle intercom system is an intercommunication device, a stand-alone voice communication system for the function of communication among numerous military tactical vehicles. Clear communication is essential for success in any combat mission and the intercom gives reliable communication in lethal conditions with a high level of noise cancelation.
Based on the component, the central unit segment holds the largest share in the market. Many companies are working to upgrade the central unit technically, as the unit plays an important role in the customization of the complete functionality of this system. By geography, Europe is estimated to dominate the market during the forecast period. Military upgrades and the high convention of intercoms in emergency vehicles in these countries are fueling the growth in this region.
Some of the key players profiled in the Vehicle Intercom System Market include Aselsan, Cobham, Cohort Plc, David Clark Company, Elbit Systems, Elno, Harris Corporation, Hytera, Icom Inc, Kenwood, Motorola Solutions, SCI Technology, Setcom, Telephonics, and Thales Group.
Estimated Market Size in 2020:
USD 974.53 million
Compound Annual Growth Rate (CAGR) from 2020 to 2028:
Predicted 2028 Value:
USD 1,885.53 million
Tables, Graphs & Figures
Technology, Component, Type, Application and Region
Core Drivers and Opportunities:
Restraining Factors & Market Threats:
• Central Unit
• Crew Control Unit
• Headset Dismounted Interface
• Intercom User Unit (IUU)
• Loudspeaker Unit
• Radio Interface Unit
• Tactical Ethernet Switch
• Wireless Intercom Unit
• Wired Intercom System
• Wireless Intercom System
• Military Vehicles
• Commercial Vehicles
• Airport Ground Support Vehicles
• Emergency Vehicles
• Aerospace & Aviation
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Key Questions Answered In The Report
The Global Vehicle Intercom System Market is majorly driven by the rising complexity of armed operations in emergency vehicles and technological innovations in the communications industries.
The wireless intercom system segment is growing at the highest CAGR due to it allowing crew members to move with ease without being tethered to a fixed position.
Europe dominated with a significant market share owing to the increasing use of modern intercom communication for corporate and urgent services.
Asia Pacific market is growing at the highest CAGR due to the increasing military budget and up-gradation of the communication system in the defense sector.
Key players in Vehicle Intercom System Market include Aselsan, Cobham, Cohort Plc, David Clark Company, Elbit Systems, Elno, Harris Corporation, Hytera, Icom Inc, Kenwood, Motorola Solutions, SCI Technology, Setcom, Telephonics, and Thales Group.
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