Global Door Phone Market, By Product Type (Audio Phone and Video Phone), Connectivity (Wired and Wireless), Application (Commercial, Residential and Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
The door phone market is expected to be growing at a growth rate of 7.90% in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the factors responsible for fostering the growth of door phone market. This rise in door phone market value can be attributed to the various factors such as increased focus of the product manufacturers on product innovations, surging demand for the adoption of better security measures for homes particularly smart home solutions especially in the developing economies, growing popularity of e-commerce platforms especially in the developing economies and increasing personal disposable income.
Door phone is a set of electronic and electrical components that is installed at the entry door of various infrastructures. Therefore, door phones enable two-way communication from outside the infrastructure and follow secure communication protocols. Installation of door phones assists in providing a greater degree of security by allowing access to the people in and out of the infrastructure (such as offices, apartment and blocks buildings) by electronically locking and unlocking the main door. Rising technological advancements have led to the transformation of this gadget. It now also allows video communication between the resident of the infrastructure and individuals trying to gain access.
Rising popularity of technologically advanced door phones and increasing personal disposable income are the major factors fostering the growth of the door phone market. Growing cases of theft and burglary, growth in the levels of concerns in regards to safety and security of residential properties, rise in the research and development activities and rising globalization and westernization are some other indirect door phone market growth determinants. Growing penetration of e-commerce platforms, growth and expansion of security and surveillance industry, rising construction of smart homes and growing awareness about the popular brands will also create lucrative and remunerative door phone market growth opportunities in the long run.
On the flip side, uncertain economic conditions globally and vulnerable nature of currency exchange rate will pose a major challenge to the growth of door phone market in the long run. High costs of installation and maintenance and failure in the alarm system due to technical issue will further derail the door phone market growth rate. Rising availability of alternate technologies such as smart door bells will yet again hamper the door phone market growth rate.
This door phone market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on door phone market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Door Phone Market Scope and Market Size
The door phone market is segmented on the basis of product type, connectivity and application. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of product type, the door phone market has been segmented into audio phone and video phone.
- On the basis of connectivity, the door phone market is segmented into wired and wireless.
- On the basis of application, the door phone market is segmented into commercial, residential and others.
Door Phone Market Country Level Analysis
The door phone market is analysed and market size insights and trends are provided by country, product type, connectivity and application as referenced above.
The countries covered in the door phone market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America region dominate the door phone market and will continue to excel its trend of dominance during the forecast period owing to the increased focus of the manufacturers on product innovations and rising adoption rate of smart home automation systems. Asia-Pacific will register the highest CAGR for the forecast period owing to the growing personal disposable income, growth in the cases of theft and burglary, rapid globalization, westernization and modernization.
The country section of the door phone market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Door Phone Market Share Analysis
The door phone market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to door phone market.
The major players covered in the door phone market report are SAMSUNG, Honeywell International Inc., Panasonic Corporation, Schneider Electric, AIPHONE CO., LTD., FERMAX ELECTRÓNICA, S.A.U., 1byone, Inc., Axis Communications AB., Legrand SA, GUANGDONG ANJUBAO DIGITAL TECHNOLOGY CO.,LTD, Alba Urmet, Jacques Technologies Pty Ltd, Nortek Control., COMMAX, Godrej, KOCOM., Zicom, Hangzhou Hikvision Digital Technology Co., Ltd., CP PLUS International and Sony Corporation among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.