Vehicle Intercom System Market Worth $1180.5 Million by 2023 - Exclusive Report by MarketsandMarkets(TM)
Thursday, October 11, 2018
CHICAGO, October 11, 2018 /PRNewswire/ --
According to the new research report "Vehicle Intercom System Market
by Application (Military Vehicles, Commercial vehicles, Airport Ground Support
Vehicles, Emergency Vehicles), Component, Type (Wired, Wireless), Technology (Analog,
Digital), and Region - Global Forecast to 2023", published by MarketsandMarkets(TM), the
vehicle intercom system market is projected to grow from USD 845.9 million in 2018 to USD
1180.5 million by 2023, at a CAGR of 6.89 % from 2018 to 2023.
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Based on application, the military vehicle segment is projected to lead the vehicle
intercom system market during the forecast period
Based on the application, military vehicle segment is expected to have the highest
CAGR of vehicle intercom system market in 2018. Military modernization programs around the
world and increasing research and development activities carried out by companies and
governments to increase the efficiency and functioning of military vehicles are some of
the factors expected to drive this segment.
Based on component, the headset dismounted Interface segment of the vehicle intercom
system market is projected to grow at the highest rate during the forecast period
The handset dismounted interface segment is expected to grow at the highest CAGR
during the forecast period, due to the growing demand for wireless communication systems.
Browse in-depth TOC on "Vehicle Intercom System Market"
99 - Tables
41 - Figures
136 - Pages
Ask for PDF Brochure @ https://www.marketsandmarkets.com/pdfdownload.asp?id=74142965
Based on type, the wireless segment of the vehicle intercom system market is projected
to witness the higher growth during the forecast period
Based on type, the wireless segment is projected to grow at a higher CAGR from 2018 to
2023, as compared to the wired segment. Wireless networks allow crew members to move with
ease without being tethered to a fixed position. This, in turn, increases the demand for
Europe is expected to lead the vehicle intercom system market from 2018 to 2023
The European region is expected to lead the vehicle intercom system market in 2018 The
European region is projected to lead the vehicle intercom system market during the
forecast period. Military upgrades by Russia, UK, France and Germany and the high usage of
intercoms in commercial and emergency vehicles in these countries are expected to fuel the
vehicle intercom market in this region
Major companies profiled in the vehicle intercom system market report are Cobham Plc.
(UK), Harris Corporation (US), David Clark Company (US), Elbit Systems (Israel), and
Thales Group (France)
Please explore relevant report "Armored Vehicles Market
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