Growth forecast report “ Video Intercom Devices Market size by Product Type (Analog Type and IP Type), By Application (Residential Use, Commercial Use and Others), By Region Outlook (North America, Europe, Asia-Pacific, South America & Middle East and Africa), Top Manufacturer, Growth Potential, Price Trends, Competitive Market Share & Forecast 2019-2024 added by Market Study Report LLC.
The global Video Intercom Devices market is valued at 1820 million USD in 2018 and is expected to reach 2370 million USD by the end of 2024, growing at a CAGR of 4.5% between 2019 and 2024. 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.
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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.
A brief outline of the Video Intercom Devices market scope:
- Global industry remuneration
- Individualized and overall growth rate
- Market trends
- Competitive reach
- Product spectrum
- Application terrain
- Distributor analysis
- Sales channel evaluation
- Marketing channel trends – Now and later
- Market Competition Trend
- Market Concentration Rate
One of the most vital pointers that makes the Video Intercom Devices market report worth a purchase is the extensive overview of the competitive spectrum of the vertical. The study efficiently segregates the Video Intercom Devices market into Aiphone, Panasonic, Honeywell, Entryvue, Legrand, Fermax, Samsung, TCS, Urmet, Commax, Guangdong Anjubao, Comelit Group, MOX, Zicom, Aurine Technology, Leelen Technology, WRT Security System, Siedle, Nippotec, Fujiang QSR, ShenZhen SoBen, Zhuhai Taichuan, Sanrun Electronic, 2N, Kocom and Shenzhen Competition, as per the competitive hierarchy. In essence, these companies have been vying with one another to accrue a near-dominant position in the industry.
The report supplies substantial data regarding the market share that every one of these companies currently garner across this business, in tandem with the market share that they are expected to procure by the end of the forecast period. Also, the report elaborates on details pertaining to the products manufactured by each of these firms, that would help new entrants and prominent stakeholders work on their competition and strategy portfolios. Not to mention, their decision-making process is liable to get easier on account of the fact that the Video Intercom Devices market report also enumerates a gist of the product price trends and the profit margins of each firm in the industry.
Questions that the Video Intercom Devices market report answers with respect to the regional terrain of the business space:
- The regional spectrum, as per the report, is segregated into North America, Europe, Asia-Pacific, South America & Middle East and Africa. Which among these zones is most likely to accrue the maximum market share by the end of the forecast duration?
- How much is the sales estimates of each firm in question? Also, how strong do the revenue statistics stand pertaining to the current market scenario?
- What exactly is the remuneration that each geography holds at present?
- How much revenue will every region including North America, Europe, Asia-Pacific, South America & Middle East and Africa account for, by the end of the projected timeframe?
- How much is the growth rate which each geography is estimated to depict over the estimated timeline?
Important takeaways from the study:
- The Video Intercom Devices market report plays host to a plethora of deliverables that may prove highly beneficial. Say for example, the report underlines the information pertaining to market competition trends – highly essential data subject to competitor intelligence and the ongoing market trends that would enable shareholders to stay competitive and make the most of the growth opportunities prevailing in the Video Intercom Devices market.
- Another vital takeaway from the report can be credited to the market concentration rate that would aid investors to speculate on the current sales dominance and the plausible trends of the future.
- Further deliverables provided in the report include details regarding the sales channels deployed by prominent vendors in order to retail their stance in the industry. Some of these include direct and indirect marketing.
What questions does the report answer with respect to the segmentation of the Video Intercom Devices market?
- Which among Analog Type and IP Type – the various product types, is likely to procure the largest share in the Video Intercom Devices market?
- What is the market share held by each product type?
- How much is the sales estimates as well as projected valuation of every product segment in the industry by the end of the projected timeframe?
- Which of the various application spanning Residential Use, Commercial Use and Others may emerge to be a highly profitable vertical in the Video Intercom Devices market?
- How much share does each application account for in the Video Intercom Devices market?
- How much is the remuneration which every application is likely to register by the end of the projected duration?
Table of Contents:
3 Global Video Intercom Devices Market Competition, by Players
3.1 Global Video Intercom Devices Revenue and Share by Players (2014-2019)
3.2 Market Concentration Rate
3.2.1 Top 5 Video Intercom Devices Players Market Share
3.2.2 Top 10 Video Intercom Devices Players Market Share
3.3 Market Competition Trend
4 Global Video Intercom Devices Market Size by Regions
4.1 Global Video Intercom Devices Revenue and Market Share by Regions
4.2 North America Video Intercom Devices Revenue and Growth Rate (2014-2019)
4.3 Europe Video Intercom Devices Revenue and Growth Rate (2014-2019)
4.4 Asia-Pacific Video Intercom Devices Revenue and Growth Rate (2014-2019)
4.5 South America Video Intercom Devices Revenue and Growth Rate (2014-2019)
4.6 Middle East and Africa Video Intercom Devices Revenue and Growth Rate (2014-2019)
5 North America Video Intercom Devices Revenue by Countries
5.1 North America Video Intercom Devices Revenue by Countries (2014-2019)
5.2 USA Video Intercom Devices Revenue and Growth Rate (2014-2019)
5.3 Canada Video Intercom Devices Revenue and Growth Rate (2014-2019)
5.4 Mexico Video Intercom Devices Revenue and Growth Rate (2014-2019)
6 Europe Video Intercom Devices Revenue by Countries
6.1 Europe Video Intercom Devices Revenue by Countries (2014-2019)
6.2 Germany Video Intercom Devices Revenue and Growth Rate (2014-2019)
6.3 UK Video Intercom Devices Revenue and Growth Rate (2014-2019)
6.4 France Video Intercom Devices Revenue and Growth Rate (2014-2019)
6.5 Russia Video Intercom Devices Revenue and Growth Rate (2014-2019)
6.6 Italy Video Intercom Devices Revenue and Growth Rate (2014-2019)
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