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Wednesday, August 16, 2023

Vehicle Intercom System Market Size, Share, Price, Trends, Demand, Analysis, Report And Forecast 2023-2028

Vehicle Intercom System Market Outlook

According to the report by Expert Market Research (EMR), the global vehicle intercom system market is projected to grow at a CAGR of 8.3% between 2023 and 2028. Aided by the rising military expenditure of various nations and rapid digitalisation of commercial and passenger vehicles, the market is expected to grow significantly by 2028.

Vehicle intercom systems are employed in vehicles for communication between the vehicle’s crew, and between the crew and dismounted soldiers, serving as a crucial component in ensuring mission success and personnel safety. These systems find wide-ranging applications in military vehicles, emergency vehicles, commercial and transportation vehicles, among others. The capabilities of VIS include radio communication, public address capabilities, wireless headsets, and interface with other systems, making it an invaluable asset in a variety of operations.

The escalating demand for secure and effective communication in vehicles is a primary driver for the global vehicle intercom system market size. With growing awareness of the need for robust communication in mission-critical scenarios, there has been a significant shift towards advanced intercom systems, leading to a surge in demand for VIS-based solutions. Moreover, the rising trend of vehicular modernisation, especially in the military domain, has further bolstered the popularity of VIS, as it is a key system in modern military vehicles.

The broadening applications of VIS in numerous sectors also significantly contribute to the vehicle intercom system market development. In the military domain, VIS is indispensable in Armoured Personnel Carriers (APCs), Infantry Fighting Vehicles (IFVs), and command and control vehicles, facilitating seamless internal and external communication. The emergency services sector utilises VIS for its instant communication capabilities, critical during rescue operations and law enforcement actions. Moreover, VIS’s capability to integrate with other systems makes it a crucial component in smart transportation solutions, aiding the vehicle intercom system market growth.

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Furthermore, the growing emphasis on vehicular digitisation in the automotive industry has led to a focus on VIS as an essential system for smart vehicles. With the advent of connected vehicles and the rising popularity of autonomous driving, VIS has emerged as a critical system enabling intra- and inter-vehicle communication, thereby accelerating the vehicle intercom system market expansion.

Vehicle Intercom System Market Segmentation

The market can be divided based on application, type, technology, component, and region.

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Market Breakup by Application

  • Commercial Vehicles
  • Military Vehicles
  • Emergency Vehicles
  • Airport Ground Support Vehicles

Market Breakup by Type

  • Wired
  • Wireless

Market Breakup by Technology

  • Analogue
  • Digital

Market Breakup by Component

  • Crew Control Unit
  • Radio Interface Unit
  • Intercom User Unit
  • Wireless Intercom Unit
  • Tactical Ethernet Switch
  • Loudspeaker Unit
  • Wire/Cable
  • Central Unit
  • Adapter
  • Headset Dismounted Interface

Market Breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global vehicle intercom system companies. Some of the major key players explored in the report by Expert Market Research are as follows:

  • Chelton Limited
  • Leonardo DRS, Inc.
  • Wolf Elec Intercoms
  • INVISIO Group
  • Vitavox (Secomak Ltd.)
  • Simpson Europe
  • Telephonics Corporation
  • L3Harris Technologies, Inc.
  • David Clark Company
  • Others

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