An intercom (intercommunication device), talkback or doorphone is a stand-alone voice communications system for use within a building or small collection of buildings, functioning independently of the public telephone network (Azori 2016). Intercoms are generally mounted permanently in buildings and vehicles. Intercoms can incorporate connections to public address loudspeaker systems, walkie talkies, telephones, and to other intercom systems. Some intercom systems incorporate control of devices such as signal lights and door latches.
Video intercom devices are intercom devices which use video method.
First, for industry structure analysis, the video intercom devices industry is not concentrated. The top five producers account for about 46% of the revenue market in 2016. Regionally, Asia is the largest production area of video intercom devices, and China and Japan are the main production country of video intercom devices in China. Compared with Japan produced products, video intercom devices produced in China are cheap and large volume
Second, the production of video intercom devices increases from 11.14 Million Units in 2012 to 14.16 Million Units in 2016, with an average growth rate of more than 5.5%.
Third, China is the largest consumption region of video intercom devices, which occupied 36% of the sales market in 2016. It is followed by North America and Europe, which respectively have around 19.5% and 17% of the global total industry.
Fourth, for price trend analysis, a key variable in the performance of video intercom devices producers is components and raw material costs, specifically the speed at which any increase can be passed through to customers.
Fifth, for forecast, the global video intercom devices revenue would keep increasing with annual growth rate with 3~5%. We tend to believe that this industry still has a bright future, considering the current demand of video intercom devices driven by urbanization in developing countries. As for product prices, the slow downward trend in recent years will continue in the next few years, as competition intensifies. Similarly, there will be fluctuations in gross margin.
According to this study, over the next five years the Video Intercom Devices market will register a 4.5% CAGR in terms of revenue, the global market size will reach US$ 2370 million by 2024, from US$ 1820 million in 2019. In particular, this report presents the global revenue market share of key companies in Video Intercom Devices business, shared in Chapter 3.
This report presents a comprehensive overview, market shares and growth opportunities of Video Intercom Devices market by product type, application, key companies and key regions.
This study considers the Video Intercom Devices value generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019 in Section 2.3; and forecast to 2024 in section 10.7.
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 10.8.
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Middle East & Africa
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
WRT Security System
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
To study and analyze the global Video Intercom Devices market size by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Video Intercom Devices market by identifying its various subsegments.
Focuses on the key global Video Intercom Devices players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Video Intercom Devices with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the size of Video Intercom Devices submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.