Door Phone Market Highlights

Increasing number of smart city initiatives across the globe is driving the adoption of security solutions, which is expected to create demand for door phone market. Door phone market provide two way audio and video communication with the visitors. These can also be connected with smartphones and tablets and the person can take up audio call/video call on the devices and can control whether to open the door or not, even when they are not at home. Moreover, growing urbanization and people shifting to large multi-occupancy buildings is also creating the need for Door Phone Market.

Key players

The key players in the door phone market are identified across all the major regions based on their country of origin, presence across different regions, recent key developments, product diversification, and industry expertise. Some of them are – Honeywell International Inc. (US), Samsung (South Korea), Svat Electronics (Canada), Jacques Technologies (Australia), Nortek Security & Control (US), Bosch Security System (US), Aiphone (Japan), Fermax (Spain), Legrand (France), and Panasonic Corporation (Japan), These players contribute a major share in the growth of door phone market.

Apart from the top key players, there are other players that contribute to the market growth. These include Commax. (South Korea), Zicom (India), MOX (Australia), Godrej (India), and others.

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Segmentation

By type, the market is segmented into audio and video. Audio door phone segment contributes to the largest share in the door phone market while video door phone is expected to grow at the highest CAGR during the forecast period. This is majorly due to increasing installation of video door phones in smart homes.

By connectivity, the market is segmented into wired door phone and wireless door phone. Wired door phone segment is expected to contribute to a larger share of revenue whereas wireless door phone will grow at significant CAGR during the forecast period. By end-user, the market is segmented into residential, commercial and others.

Global Door Phone Market: Regional Analysis

Regions covered in the report are North America, Europe, the Middle East, Africa, Latin America and Asia Pacific (APAC). The North America door phone market has witnessed a healthy growth in recent years. In terms of revenue, North America dominates the global door phone market. A number of factors can be linked with the tremendous market growth in North America. Rising home automation trends, technological prowess and presence of established market players in the U.S. are some of the key factors reflecting favourably on the market. Europe holds the second spot and is expected to remain highly attractive during the forecast period. Driven by the increased investment is modernization of public infrastructure, the market in Europe is likely to present significant opportunities to market players. European Innovation Partnership for Smart Cities and Communities (EIP SCC) aims to develop 300 cities over the next couple of years. A strong growth is projected for the door phone market in Asia Pacific during the review period. Rapid urbanization in emerging economies in the region has bolstered market aspirations in APAC. Infrastructure modernization and rampant investment in smart development in countries such as India and China is creating market lucrative market opportunities.

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Intended Audience

Door Phone Manufactures
Providers or Suppliers of Door Phone Parts
Connectivity providers
Monitoring service providers
Retailers, Distributors, and Wholesalers of Door Phone systems
System Integrators
Housing Developers
Industry Associations
Government Bodies
Research and Consulting Firms
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