Vehicle Intercom System Market worth $1180.5 million by 2023
Browse 99 market data Tables and 41 Figures spread through 136 Pages and in-depth TOC on "Vehicle Intercom System Market - Global Forecast to 2023"
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.
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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.
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
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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)
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