Market Overview:
The global vehicular intercommunication radios market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for vehicular communication systems in commercial vehicles, emergency vehicles, and military vehicles. Wired vehicle intercom systems are expected to hold a larger share of the global vehicular intercommunication radios market than wireless vehicle intercom systems during the forecast period. North America is expected to hold the largest share of the global vehicular intercommunication radios market during the forecast period, followed by Europe and Asia Pacific.
Product Definition:
Vehicular intercommunication radios are used in vehicles to allow drivers and passengers to communicate with each other. This is important for safety reasons, as it allows drivers to warn passengers of potential dangers and also allows passengers to communicate with the driver in order to give directions or ask questions.
Wired Vehicle Intercom System:
Wired vehicle intercom system is a communication link between the car and the road. It helps to avoid traffic tickets, road accidents, and also provides safety while traveling. The primary function of wired vehicle intercom system is to alert the driver when there’s danger or caution while driving.
Wireless Vehicle Intercom System:
Wireless vehicle intercom system is a safety feature incorporated in the vehicles for communication between the driver and passengers. It helps in reducing traffic congestion on roads as well as improves road safety by enabling drivers to communicate with pedestrians and other drivers.
Vehicular Intercommunication Radios (VIRs) are used for short-range communication within a few blocks vicinity from the vehicle’s location.
Application Insights:
The commercial vehicles segment dominated the global vehicular intercommunication radios market, accounting for a share of over 60.0% in 2017. The growth can be attributed to the increasing demand for passenger and goods transport services across various regions, including Asia Pacific and Europe. Moreover, governments are encouraging commercial vehicle owners to deploy Wi-Fi hot spots in their trucks so that they can connect with the rest of the world using mobile data services at a reasonable price as per their affordability. This will help drivers maintain track of their loads while on long trips across different countries thereby boosting product demand over the forecast period.
Vehicular intercommunication radio systems have numerous applications such as tracking stolen vehicles or those operating without insurance; monitoring driver behavior; identifying suspicious activities such as drug trafficking or human trafficking;.
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. The region is expected to continue its dominance over the forecast period, with a notable increase in demand from emergency vehicles and military vehicles applications. Increasing government initiatives for road safety is also anticipated to fuel regional product demand. For instance, as per an initiative by the U.
Asia Pacific vehicular intercommunication radios market is projected to grow at a lucrative rate over the forecast period owing to increasing awareness about road safety coupled with rising disposable income among consumers especially in developing countries such as India and China.
Growth Factors:
- Increasing demand for vehicular safety features: The increasing demand for vehicular safety features is one of the primary growth drivers for the vehicular intercommunication radios market. This can be attributed to the growing awareness among consumers about the importance of vehicle safety. In addition, governments across various countries are also implementing stringent regulations mandating the installation of such devices in vehicles.
- Proliferation of advanced communication technologies: The proliferation of advanced communication technologies is another key factor driving market growth. This is because these technologies offer a number of advantages over traditional ones, such as improved security and reduced latency times. As a result, they are being increasingly adopted by automakers for use in their vehicles.
- Growing demand from emerging markets: The growing demand from emerging markets is another key driver for this market’s growth prospects .This can be attributed to the rising disposable incomes and rapid urbanization rates in these regions .As a result, there is an increasing need among consumers therefor enhanced safety and security features in their vehicles .This provides opportunities for players operating in this market to expand their presence into these regions .
Scope Of The Report
Report Attributes
Report Details
Report Title
Vehicular Intercommunication Radios Market Research Report
By Type
Wired Vehicle Intercom System, Wireless Vehicle Intercom System
By Application
Commercial Vehicles, Emergency Vehicles, Military Vehicles
By Companies
Motorola Solutions, Thales Group, Hytera, Kenwood, Icom Inc, SCI Technology, Harris Corporation, David Clark Company, Telephonics, Cobham, Motorola Solutions, Elbit Systems, Elno, Vitavox (Secomak), EID ( Cohort plc), Setcom, SyTech Corporation
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
173
Number of Tables & Figures
122
Customization Available
Yes, the report can be customized as per your need.
Global Vehicular Intercommunication Radios Market Report Segments:
The global Vehicular Intercommunication Radios market is segmented on the basis of:
Types
Wired Vehicle Intercom System, Wireless Vehicle 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
Commercial Vehicles, Emergency Vehicles, Military Vehicles
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:
- Motorola Solutions
- Thales Group
- Hytera
- Kenwood
- Icom Inc
- SCI Technology
- Harris Corporation
- David Clark Company
- Telephonics
- Cobham
- Motorola Solutions
- Elbit Systems
- Elno
- Vitavox (Secomak)
- EID ( Cohort plc)
- Setcom
- SyTech Corporation
Highlights of The Vehicular Intercommunication Radios 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:
- Wired Vehicle Intercom System
- Wireless Vehicle Intercom System
- By Application:
- Commercial Vehicles
- Emergency Vehicles
- Military Vehicles
- 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 Vehicular Intercommunication Radios 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.
How you may use our products:
- Correctly Positioning New Products
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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?
Vehicular Intercommunication Radios (VIRs) are a type of communication system used in vehicular traffic. They allow drivers to stay connected with other drivers and emergency personnel while driving. VIRs can also be used to monitor traffic conditions, and provide real-time alerts about potential hazards on the road.
Some of the major companies in the vehicular intercommunication radios market are Motorola Solutions, Thales Group, Hytera, Kenwood, Icom Inc, SCI Technology, Harris Corporation, David Clark Company, Telephonics, Cobham, Motorola Solutions, Elbit Systems, Elno, Vitavox (Secomak), EID ( Cohort plc), Setcom, SyTech Corporation.
The vehicular intercommunication radios 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 Vehicular Intercommunication Radios 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 Vehicular Intercommunication Radios Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Vehicular Intercommunication Radios 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 Vehicular Intercommunication Radios 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 Vehicular Intercommunication Radios Market Size & Forecast, 2018-2028
4.5.1 Vehicular Intercommunication Radios Market Size and Y-o-Y Growth
4.5.2 Vehicular Intercommunication Radios Market Absolute $ Opportunity
Chapter 5 Global Vehicular Intercommunication Radios 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 Vehicular Intercommunication Radios Market Size Forecast by Type
5.2.1 Wired Vehicle Intercom System
5.2.2 Wireless Vehicle Intercom System
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Vehicular Intercommunication Radios 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 Vehicular Intercommunication Radios Market Size Forecast by Applications
6.2.1 Commercial Vehicles
6.2.2 Emergency Vehicles
6.2.3 Military Vehicles
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Vehicular Intercommunication Radios 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 Vehicular Intercommunication Radios 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 Vehicular Intercommunication Radios Analysis and Forecast
9.1 Introduction
9.2 North America Vehicular Intercommunication Radios 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 Vehicular Intercommunication Radios Market Size Forecast by Type
9.6.1 Wired Vehicle Intercom System
9.6.2 Wireless Vehicle 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 Vehicular Intercommunication Radios Market Size Forecast by Applications
9.10.1 Commercial Vehicles
9.10.2 Emergency Vehicles
9.10.3 Military Vehicles
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 Vehicular Intercommunication Radios Analysis and Forecast
10.1 Introduction
10.2 Europe Vehicular Intercommunication Radios 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 Vehicular Intercommunication Radios Market Size Forecast by Type
10.6.1 Wired Vehicle Intercom System
10.6.2 Wireless Vehicle 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 Vehicular Intercommunication Radios Market Size Forecast by Applications
10.10.1 Commercial Vehicles
10.10.2 Emergency Vehicles
10.10.3 Military Vehicles
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 Vehicular Intercommunication Radios Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Vehicular Intercommunication Radios 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 Vehicular Intercommunication Radios Market Size Forecast by Type
11.6.1 Wired Vehicle Intercom System
11.6.2 Wireless Vehicle 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 Vehicular Intercommunication Radios Market Size Forecast by Applications
11.10.1 Commercial Vehicles
11.10.2 Emergency Vehicles
11.10.3 Military Vehicles
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 Vehicular Intercommunication Radios Analysis and Forecast
12.1 Introduction
12.2 Latin America Vehicular Intercommunication Radios 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 Vehicular Intercommunication Radios Market Size Forecast by Type
12.6.1 Wired Vehicle Intercom System
12.6.2 Wireless Vehicle 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 Vehicular Intercommunication Radios Market Size Forecast by Applications
12.10.1 Commercial Vehicles
12.10.2 Emergency Vehicles
12.10.3 Military Vehicles
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) Vehicular Intercommunication Radios Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Vehicular Intercommunication Radios 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) Vehicular Intercommunication Radios Market Size Forecast by Type
13.6.1 Wired Vehicle Intercom System
13.6.2 Wireless Vehicle 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) Vehicular Intercommunication Radios Market Size Forecast by Applications
13.10.1 Commercial Vehicles
13.10.2 Emergency Vehicles
13.10.3 Military Vehicles
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 Vehicular Intercommunication Radios Market: Competitive Dashboard
14.2 Global Vehicular Intercommunication Radios Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Motorola Solutions
14.3.2 Thales Group
14.3.3 Hytera
14.3.4 Kenwood
14.3.5 Icom Inc
14.3.6 SCI Technology
14.3.7 Harris Corporation
14.3.8 David Clark Company
14.3.9 Telephonics
14.3.10 Cobham
14.3.11 Motorola Solutions
14.3.12 Elbit Systems
14.3.13 Elno
14.3.14 Vitavox (Secomak)
14.3.15 EID ( Cohort plc)
14.3.16 Setcom
14.3.17 SyTech Corporation
