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™, 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
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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 wireless networks.
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" also.
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