Intercoms Systems And Equipment Market Report 2023

Intercoms Systems And Equipment Global Market Report 2023 – By Product Type (Audio, Video), By EndUser (Government, Residential, Commercial), By Technology (IP Based, Analog Based) – Market Size, Trends, And Global Forecast 2023-2032

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An intercom system is a closed-circuit voice communication system device that allows people to communicate with one another in two ways.

The main product type of intercoms systems and equipment are audio and video. Audio is defined as things related to sound in terms of receiving, transmitting, reproducing, or its specific frequency. Various types of Intercoms systems and equipment technology are IP based and analogue based. Government, residential, and commercial are using intercoms systems and equipment for various applications.

The global intercoms systems and equipment market is segmented -

1) By Product Type: Audio, Video

2) By End-User: Government, Residential, Commercial

3) By Technology: IP Based, Analog Based

The global intercoms systems and equipment market size will grow from $3.36 billion in 2022 to $3.66 billion in 2023 at a compound annual growth rate (CAGR) of 8.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global intercoms systems and equipment market is expected to grow to $5 billion in 2027 at a CAGR of 8.1%.

Use of IoT based intercom systems is projected to drive the market. IoT based intercom system is the use of internet with key areas of networking through platforms and middleware, which has network connectivity that will allow intercom systems to send and receive data through the use of embedded sensors, actuators, and other devices. The rising adoption of IoT technologies is expected to drive the demand for intercom devices globally. For instance, in June 2021, Fermax, a Spain-based door control, video door control, digital audio and video communications systems, and access control equipment manufacturer, has introduced a brand-new Wi-Fi-enabled product using Microsoft Azure IoT technology, allowing it to gain valuable insights into how customers use its products for the first time. This allows Fermax to not only improve their user experience, but also directly offer a variety of value-added services to their customers.

Major players in the intercoms systems and equipment market are Hangzhou Hikvision, Aiphone Corporation, Legrand SA, Panasonic Corporation, Honeywell Security Group, Zicom Electronics Security Systems Limited, Godrej Industries Limited, Dahua Technology Co. Ltd., Comelit Group S.P.A., Easy Gates LLC, Nidac Security Pty Ltd, and Zenitel NV, Commax Co ltd.

Initial investments and high installation cost is expected to restrain the intercoms systems and equipment market. Price of intercoms systems varies on the basis of on-site inspection to determine the installation of traditional or wireless intercom systems. For instance, a two-module intercom setup will cost between $200-$300 without installation, business intercom systems for faster communication between co-workers will cost between $200-$700 depending on features and industrial intercom models with speakers and adjustable volume will cost between $750-$1000. Thereby, high cost of intercom systems is limiting the market growth.

Implementation of long-term evolution (LTE) technology-based intercoms, have been gaining acceptance from companies across all industries. LTE is a modern IP communicator, which provides high data for clear voice communication, full HD video streaming and a faster installation of the intercom. For instance, in August 2021, NTT DATA Corporation, a Japan-based consulting and information technology company announced the launch of NTT's Private 5G platform (P5G), the first private LTE/5G Network-as-a-Service platform available globally. With a full end-to-end stack of services that extends beyond the network, NTT P5G enables Chief Information Officers and Chief Digital Officers to take advantage of the advantages of private 5G to address business issues and innovate in order to keep up with the future of business. NTT P5G uses design thinking concepts to combine security, control, and privacy by design, resulting in improved performance and lower costs with an obvious return on investment.

In February 2021, Legrand, a France-bbased specialist in electrical, digital building, and data center infrastructures, acquired the Champion ONE (C1) family of brands from A&M Capital Opportunities. This acquisition by Legrand is focused on supporting the data center and mission-critical IT’s ever-growing need for reliable, scalable power and connectivity solutions. A&M Capital Opportunities, a US-based optical networking components and solutions provider.

The Asia-Pacific was the largest region in the intercoms systems and equipment market in 2022. Asia-Pacific is expected to be the fastest-growing region in the global intercoms systems and equipment market analysis report during the forecast period. The regions covered in the global intercoms systems and equipment market share report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

The countries covered in the intercoms systems and equipment market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA.

The intercoms systems and equipment market consist of sales of intercom system devices for usage in an electronic communications system that contains circuitry to transmit and receive audio and/or video transmissions. The intercom system services can be through wireless, wired, video, apartment based, and two ways radios for communication. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The intercoms systems and equipment market research report is one of a series of new reports from The Business Research Company that provides intercoms systems and equipment market statistics, including intercoms systems and equipment market global market size, regional shares, competitors with a intercoms systems and equipment market share, detailed intercoms systems and equipment market segments, market trends and opportunities, and any further data you may need to thrive in the intercoms systems and equipment industry. This intercoms systems and equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

    Table Of Contents

    1. Executive Summary

    2. Intercoms Systems And Equipment Market Characteristics

    3. Intercoms Systems And Equipment Market Trends And Strategies

    4. Intercoms Systems And Equipment Market – Macro Economic Scenario

    4.1 COVID-19 Impact On Intercoms Systems And Equipment Market

    4.2 Ukraine-Russia War Impact On Intercoms Systems And Equipment Market

    4.3 Impact Of High Inflation On Intercoms Systems And Equipment Market

    5. Intercoms Systems And Equipment Market Size And Growth

    5.1. Global Intercoms Systems And Equipment Historic Market, 2017-2022, $ Billion

    5.1.1. Drivers Of The Market

    5.1.2. Restraints On The Market

    5.2. Global Intercoms Systems And Equipment Forecast Market, 2022-2027F, 2032F, $ Billion

    5.2.1. Drivers Of The Market

    5.2.2. Restraints On the Market

    6. Intercoms Systems And Equipment Market Segmentation

    6.1. Global Intercoms Systems And Equipment Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    Audio

    Video

    6.2. Global Intercoms Systems And Equipment Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    Government

    Residential

    Commercial

    6.3. Global Intercoms Systems And Equipment Market, Segmentation By Technology, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    IP Based

    Analog Based

    7. Intercoms Systems And Equipment Market Regional And Country Analysis

    7.1. Global Intercoms Systems And Equipment Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    7.2. Global Intercoms Systems And Equipment Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    8. Asia-Pacific Intercoms Systems And Equipment Market

    8.1. Asia-Pacific Intercoms Systems And Equipment Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Intercoms Systems And Equipment Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    9. China Intercoms Systems And Equipment Market

    9.1. China Intercoms Systems And Equipment Market Overview

    9.2. China Intercoms Systems And Equipment Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion

    10. India Intercoms Systems And Equipment Market

    10.1. India Intercoms Systems And Equipment Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    11. Japan Intercoms Systems And Equipment Market

    11.1. Japan Intercoms Systems And Equipment Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    12. Australia Intercoms Systems And Equipment Market

    12.1. Australia Intercoms Systems And Equipment Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    13. Indonesia Intercoms Systems And Equipment Market

    13.1. Indonesia Intercoms Systems And Equipment Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    14. South Korea Intercoms Systems And Equipment Market

    14.1. South Korea Intercoms Systems And Equipment Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    15. Western Europe Intercoms Systems And Equipment Market

    15.1. Western Europe Intercoms Systems And Equipment Market Overview

    15.2. Western Europe Intercoms Systems And Equipment Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    16. UK Intercoms Systems And Equipment Market

    16.1. UK Intercoms Systems And Equipment Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    17. Germany Intercoms Systems And Equipment Market

    17.1. Germany Intercoms Systems And Equipment Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    18. France Intercoms Systems And Equipment Market

    18.3. France Intercoms Systems And Equipment Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    19. Eastern Europe Intercoms Systems And Equipment Market

    19.1. Eastern Europe Intercoms Systems And Equipment Market Overview

    19.2. Eastern Europe Intercoms Systems And Equipment Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    20. Russia Intercoms Systems And Equipment Market

    20.1. Russia Intercoms Systems And Equipment Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    21. North America Intercoms Systems And Equipment Market

    21.1. North America Intercoms Systems And Equipment Market Overview

    21.2. North America Intercoms Systems And Equipment Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    22. USA Intercoms Systems And Equipment Market

    22.1. USA Intercoms Systems And Equipment Market Overview

    22.2. USA Intercoms Systems And Equipment Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    23. South America Intercoms Systems And Equipment Market

    23.1. South America Intercoms Systems And Equipment Market Overview

    23.2. South America Intercoms Systems And Equipment Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    24. Brazil Intercoms Systems And Equipment Market

    24.1. Brazil Intercoms Systems And Equipment Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    25. Middle East Intercoms Systems And Equipment Market

    25.1. Middle East Intercoms Systems And Equipment Market Overview

    25.2. Middle East Intercoms Systems And Equipment Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    26. Africa Intercoms Systems And Equipment Market

    26.1. Africa Intercoms Systems And Equipment Market Overview

    26.2. Africa Intercoms Systems And Equipment Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    27. Intercoms Systems And Equipment Market Competitive Landscape And Company Profiles

    27.1. Intercoms Systems And Equipment Market Competitive Landscape

    27.2. Intercoms Systems And Equipment Market Company Profiles

    27.2.1. Hangzhou Hikvision

    27.2.1.1. Overview

    27.2.1.2. Products and Services

    27.2.1.3. Strategy

    27.2.1.4. Financial Performance

    27.2.2. Aiphone Corporation

    27.2.2.1. Overview

    27.2.2.2. Products and Services

    27.2.2.3. Strategy

    27.2.2.4. Financial Performance

    27.2.3. Legrand SA 

    27.2.3.1. Overview

    27.2.3.2. Products and Services

    27.2.3.3. Strategy

    27.2.3.4. Financial Performance

    27.2.4. Panasonic Corporation

    27.2.4.1. Overview

    27.2.4.2. Products and Services

    27.2.4.3. Strategy

    27.2.4.4. Financial Performance

    27.2.5. Honeywell Security Group

    27.2.5.1. Overview

    27.2.5.2. Products and Services

    27.2.5.3. Strategy

    27.2.5.4. Financial Performance

    29. Key Mergers And Acquisitions In The Intercoms Systems And Equipment Market

    29. Intercoms Systems And Equipment Market Future Outlook and Potential Analysis

    30. Appendix

    30.1. Abbreviations

    30.2. Currencies

    30.3. Historic And Forecast Inflation Rates

    30.4. Research Inquiries

    30.5. The Business Research Company

    30.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2017-2022, $ Billion
  • Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
  • Table 3: Global Intercoms Systems And Equipment Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 4: Global Intercoms Systems And Equipment Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 5: Global Intercoms Systems And Equipment Market, Segmentation By Technology, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 6: Global Intercoms Systems And Equipment Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 7: Global Intercoms Systems And Equipment Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 8: Asia-Pacific, Intercoms Systems And Equipment Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 9: China, Intercoms Systems And Equipment Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 10: India, Intercoms Systems And Equipment Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 11: Japan, Intercoms Systems And Equipment Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 12: Australia, Intercoms Systems And Equipment Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 13: Indonesia, Intercoms Systems And Equipment Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 14: South Korea, Intercoms Systems And Equipment Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 15: Western Europe, Intercoms Systems And Equipment Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 16: UK, Intercoms Systems And Equipment Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 17: Germany, Intercoms Systems And Equipment Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 18: France, Intercoms Systems And Equipment Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 19: Eastern Europe, Intercoms Systems And Equipment Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 20: Russia, Intercoms Systems And Equipment Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 21: North America, Intercoms Systems And Equipment Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 22: USA, Intercoms Systems And Equipment Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 23: South America, Intercoms Systems And Equipment Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 24: Brazil, Intercoms Systems And Equipment Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 25: Middle East, Intercoms Systems And Equipment Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 26: Africa, Intercoms Systems And Equipment Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 27: Hangzhou Hikvision Financial Performance
  • Table 28: Aiphone Corporation Financial Performance
  • Table 29: Legrand SA  Financial Performance
  • Table 30: Panasonic Corporation Financial Performance
  • Table 31: Honeywell Security Group Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2017-2022, $ Billion
  • Figure 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
  • Figure 3: Global Intercoms Systems And Equipment Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 4: Global Intercoms Systems And Equipment Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 5: Global Intercoms Systems And Equipment Market, Segmentation By Technology, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 6: Global Intercoms Systems And Equipment Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 7: Global Intercoms Systems And Equipment Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 8: Asia-Pacific, Intercoms Systems And Equipment Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 9: China, Intercoms Systems And Equipment Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 10: India, Intercoms Systems And Equipment Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 11: Japan, Intercoms Systems And Equipment Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 12: Australia, Intercoms Systems And Equipment Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 13: Indonesia, Intercoms Systems And Equipment Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 14: South Korea, Intercoms Systems And Equipment Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 15: Western Europe, Intercoms Systems And Equipment Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 16: UK, Intercoms Systems And Equipment Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 17: Germany, Intercoms Systems And Equipment Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 18: France, Intercoms Systems And Equipment Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 19: Eastern Europe, Intercoms Systems And Equipment Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 20: Russia, Intercoms Systems And Equipment Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 21: North America, Intercoms Systems And Equipment Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 22: USA, Intercoms Systems And Equipment Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 23: South America, Intercoms Systems And Equipment Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 24: Brazil, Intercoms Systems And Equipment Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 25: Middle East, Intercoms Systems And Equipment Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 26: Africa, Intercoms Systems And Equipment Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 27: Hangzhou Hikvision Financial Performance
  • Figure 28: Aiphone Corporation Financial Performance
  • Figure 29: Legrand SA  Financial Performance
  • Figure 30: Panasonic Corporation Financial Performance
  • Figure 31: Honeywell Security Group Financial Performance
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