Market Overview:
The global apartment intercom system market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for security and safety solutions in residential and commercial establishments. Additionally, the growing trend of smart homes is also anticipated to fuel the demand for apartment intercom systems in the coming years. On the basis of type, audio intercom systems are expected to dominate the global market during the forecast period owing to their low cost and easy installation as compared with video intercom systems. However, video intercom systems are witnessing a higher growth rate due their ability offer enhanced security features such as facial recognition and motion detection. Based on application, residential use is projected to account for a larger share ofthe global market duringthe forecast period owingto rising concerns over safety among homeowners.
Product Definition:
An intercom system is a communication system using audio signals transmitted between two or more points in a building or other structure, typically by wire but sometimes by radio.
Audio Intercom System:
Audio intercom system is a device used for communication between rooms. It consists of one or more microphones, which convert voice into electrical signals and transmit them through an audio cable to the other side of the room. The other side could be another floor/apartment or room in same building where speaker's phone is also located. In order to communicate effectively, both rooms must have compatible systems/cables that carry audio signals from microphone to speakerphone and vice versa.
Video Intercom System:
Video intercom system is a security and safety device used to communicate with the visitor. It consists of video camera, monitor, speaker and controls which help in providing protection by viewing live or recording the images of visitors. These devices are mostly installed at entry doors to apartments or offices for communicating with visitors without engaging them in conversation through doorbells or phones.
Application Insights:
The residential use segment accounted for the largest revenue share of over 70% in 2017. This is attributed to growing urbanization and increasing disposable income, especially in developing countries including China, India and Brazil. Furthermore, government initiatives promoting home ownership are expected to further propel the growth of this segment over the forecast period.
The commercial use segment is anticipated to witness significant growth over the forecast period owing to an increase in demand for high-end services by companies and organizations operating globally. Growing tourism industry across various regions coupled with a rise in number of hotels & resorts are likely to boost product demand from 2018 to 2030. For instance, according these statistics published by ECAJ (Brazilian Institute of Tourismusb), around 9 million foreign tourists visited Brazil during January 2019 - March 2019 which was an increase of 4% comparedto same period last year (January - March 2018).
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to the presence of a large number of developers and manufacturers offering high-quality systems for multifamily buildings. The U.S., being one of the most developed countries, has a well-established infrastructure supporting quick adoption of advanced technologies, which is expected to contribute toward regional growth over the forecast period.
Asia Pacific is anticipated to witness significant growth over the next eight years owing to increasing construction activities in key markets including China and India on account rising population and growing demand for housing units with basic amenities such as security services at affordable prices thus creating an impetus for Apartment Intercom System (AIS). Moreover, rapid urbanization along with government initiatives aimed at improving public safety are expected drive regional product demand further enabling it achieve higher revenue share by 2030 than North America or Europe regions respectively during same period.
Growth Factors:
- Increasing demand for security and safety in residential complexes
- Rising awareness about the benefits of using apartment intercom systems
- Growing popularity of smart homes and home automation systems
- Proliferation of internet-of-things (IoT) devices that can be integrated with apartment intercom systems
- Advances in digital communication technologies that are making these systems more efficient and user-friendly
Scope Of The Report
Report Attributes
Report Details
Report Title
Apartment Intercom System Market Research Report
By Type
Audio Intercom System, Video Intercom System
By Application
Residential Use, Commercial Use
By Companies
MIRCOM, Armstron Electronic, Tektone, Aiphone, Panasonic, Legrand, Samsung, Commax, ABB, Guangdong Anjubao, TCS, Fermax, Aurine Technology, Honeywell, Siedle, Urmet, Comelit Group, Kocom, Nortek Security & Control, Axis, Zhuhai Taichuan, Leelen Technology, WRT Security System, ShenZhen SoBen, Doorking, Fujiang QSR, Zicom, Shenzhen Competition, Quanzhou Jiale
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
153
Number of Tables & Figures
108
Customization Available
Yes, the report can be customized as per your need.
Global Apartment Intercom System Market Report Segments:
The global Apartment Intercom System market is segmented on the basis of:
Types
Audio Intercom System, Video Intercom System
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential Use, Commercial Use
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- MIRCOM
- Armstron Electronic
- Tektone
- Aiphone
- Panasonic
- Legrand
- Samsung
- Commax
- ABB
- Guangdong Anjubao
- TCS
- Fermax
- Aurine Technology
- Honeywell
- Siedle
- Urmet
- Comelit Group
- Kocom
- Nortek Security & Control
- Axis
- Zhuhai Taichuan
- Leelen Technology
- WRT Security System
- ShenZhen SoBen
- Doorking
- Fujiang QSR
- Zicom
- Shenzhen Competition
- Quanzhou Jiale
Highlights of The Apartment Intercom System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Audio Intercom System
- Video Intercom System
- By Application:
- Residential Use
- Commercial Use
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Apartment Intercom System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An apartment intercom system is a security feature that allows residents to communicate with one another without having to go outside. This system can be used for emergencies, such as when someone needs help getting into their apartment or when there is a problem on the floor.
Some of the major players in the apartment intercom system market are MIRCOM, Armstron Electronic, Tektone, Aiphone, Panasonic, Legrand, Samsung, Commax, ABB, Guangdong Anjubao, TCS, Fermax, Aurine Technology, Honeywell, Siedle, Urmet, Comelit Group, Kocom, Nortek Security & Control, Axis, Zhuhai Taichuan, Leelen Technology, WRT Security System, ShenZhen SoBen, Doorking, Fujiang QSR, Zicom, Shenzhen Competition, Quanzhou Jiale.
The apartment intercom system market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Apartment Intercom System Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Apartment Intercom System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Apartment Intercom System Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Apartment Intercom System Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Apartment Intercom System Market Size & Forecast, 2018-2028
4.5.1 Apartment Intercom System Market Size and Y-o-Y Growth
4.5.2 Apartment Intercom System Market Absolute $ Opportunity
Chapter 5 Global Apartment Intercom System Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Apartment Intercom System Market Size Forecast by Type
5.2.1 Audio Intercom System
5.2.2 Video Intercom System
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Apartment Intercom System Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Apartment Intercom System Market Size Forecast by Applications
6.2.1 Residential Use
6.2.2 Commercial Use
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Apartment Intercom System Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Apartment Intercom System Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Apartment Intercom System Analysis and Forecast
9.1 Introduction
9.2 North America Apartment Intercom System Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Apartment Intercom System Market Size Forecast by Type
9.6.1 Audio Intercom System
9.6.2 Video Intercom System
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Apartment Intercom System Market Size Forecast by Applications
9.10.1 Residential Use
9.10.2 Commercial Use
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Apartment Intercom System Analysis and Forecast
10.1 Introduction
10.2 Europe Apartment Intercom System Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Apartment Intercom System Market Size Forecast by Type
10.6.1 Audio Intercom System
10.6.2 Video Intercom System
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Apartment Intercom System Market Size Forecast by Applications
10.10.1 Residential Use
10.10.2 Commercial Use
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Apartment Intercom System Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Apartment Intercom System Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Apartment Intercom System Market Size Forecast by Type
11.6.1 Audio Intercom System
11.6.2 Video Intercom System
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Apartment Intercom System Market Size Forecast by Applications
11.10.1 Residential Use
11.10.2 Commercial Use
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Apartment Intercom System Analysis and Forecast
12.1 Introduction
12.2 Latin America Apartment Intercom System Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Apartment Intercom System Market Size Forecast by Type
12.6.1 Audio Intercom System
12.6.2 Video Intercom System
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Apartment Intercom System Market Size Forecast by Applications
12.10.1 Residential Use
12.10.2 Commercial Use
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Apartment Intercom System Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Apartment Intercom System Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Apartment Intercom System Market Size Forecast by Type
13.6.1 Audio Intercom System
13.6.2 Video Intercom System
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Apartment Intercom System Market Size Forecast by Applications
13.10.1 Residential Use
13.10.2 Commercial Use
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Apartment Intercom System Market: Competitive Dashboard
14.2 Global Apartment Intercom System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 MIRCOM
14.3.2 Armstron Electronic
14.3.3 Tektone
14.3.4 Aiphone
14.3.5 Panasonic
14.3.6 Legrand
14.3.7 Samsung
14.3.8 Commax
14.3.9 ABB
14.3.10 Guangdong Anjubao
14.3.11 TCS
14.3.12 Fermax
14.3.13 Aurine Technology
14.3.14 Honeywell
14.3.15 Siedle
14.3.16 Urmet
14.3.17 Comelit Group
14.3.18 Kocom
14.3.19 Nortek Security & Control
14.3.20 Axis
14.3.21 Zhuhai Taichuan
14.3.22 Leelen Technology
14.3.23 WRT Security System
14.3.24 ShenZhen SoBen
14.3.25 Doorking
14.3.26 Fujiang QSR
14.3.27 Zicom
14.3.28 Shenzhen Competition
14.3.29 Quanzhou Jiale
