Market Overview
The Door Intercom Market is expected to grow at a CAGR of 5.30% and is expected to reach a market share of USD 3,663.6 million during the forecast period. The market was valued at USD 2,1554.4 million during the historic forecast period. A door intercom system is a standalone voice communications system that is mostly utilized within a small group of privately operated buildings. The door phone is another name for this arrangement. A camera, which is usually mounted outside the door, is the essential component utilized to install this system. It is implemented in commercial buildings, societies, and offices’ access and departure points. Using a camera and speakers, this technology allows users and visitors to communicate. The Door Intercom Market is driven by numerous factors. The global market demand is driven by increasing end-user awareness of home security and protection from numerous theft threats. Furthermore, the market is driven by the growing usage of IP technology combined with more lenient installation rules for door intercom systems. During the anticipated period, increasing building automation along with expanding urbanization in various emerging countries would increase global Door Intercom Market demand.
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Market Segmentation
Based on the Product, the Door Intercom Market has been segmented into a Wi-Fi intercom system and an Ordinal intercom system.
Based on the Application, the Door Intercom Market has been segmented into airports, schools, hospitals, offices, hotels, houses, apartments, and many others.
Based on the Region, the Door Intercom Market has been segmented into the North American region, the Asia-Pacific region, the European region, the Latin American region, and the Middle East and African region.
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Regional Overview
Security systems market based companies in the door intercom market are functioning across North America, Europe, Asia Pacific, the Middle East, and Africa including the rest of the world. The growing food and beverage processing industry will be a key growth driver for regional markets. However, growing concerns regarding high costs will turn out to be a threat. For the forecast period 2018 to 2025 each of these regional markets are studied in the report. Starting from North America, the regional market and security systems vertical based companies are spread across the United States, Canada, and Mexico.
High initial investments will turn out to be a major challenge from 2018 to 2025. Parts of the European market covered in the report are regional markets spread across the United Kingdom, France, Italy, and Germany. The market in the region will be benefitted by the rising developments in industrialization as well as the slow demand from certain areas, suggests the report. Similarly, the security systems sector’s segmental analysis for the Asia Pacific region covers India, Japan, China, and others. For the rest of the world, the research report for the door intercom market covers the Middle East and Africa. Forecast based on the reports findings are presented for the forecast period till 2025.
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Key Players
The major key players in the market are Aiphone Corporation, Guangdong Anjubao Digital Technology Co., Ltd., Panasonic Corporation, Fujian Aurine Technology Co., Ltd., COMMAX, Samsung Electronics Co., Ltd., Legrand SA, Shenzhen Soben, Honeywell International, Inc., Kocom Co., Ltd., Schneider Electric SE, Dahua Technology Co., Ltd., ABB Group, Fermax, and TCS AG.
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