Global Audio Door Phones Market Size, Trends, and Growth Opportunity, By Connectivity (Wireless, Wired), End-User (Commercial, Residential, Others), Distribution Channel (Online, Offline) By Region and forecast till 2030.
Report ID : IR1002436 | Industries : Energy & Power | Published On :February 0024 | Page Count : 205
Global Audio Door Phones Market Size, Trends, and Growth Opportunity, By Connectivity (Wireless, Wired), End-User (Commercial, Residential, Others), Distribution Channel (Online, Offline) By Region and forecast till 2030.
Global Audio Door Phones Market
The Global Audio Door Phones Market was valued at USD 2863.33 Million in 2022 and is slated to reach USD 4426.67 Million by 2030 at a CAGR of 5.69 % from 2023-2030.
The electronic and electrical components of an audio door phone are mounted on the wall and controlled by a handset or buttons. Outside of an apartment, home, or resort, it is frequently used to communicate with visitors. Higher security is provided and the main gate can also be locked and unlocked. Users of the audio door phone can communicate with the person at the door. To function as a safety device and manage different equipment, it can be connected between several homes.
Market Drivers
In public places like offices, banks, and ticket booths, audio door phones are frequently used. Typically, there are glass doors and windows in commercial areas or locations, allowing the user to see the person physically; as a result, standard audio instruments like audio door phones suffice. During the projected period, rising demand for audio door phones in commercial spaces is likely to drive market expansion. Home automation is becoming more and more popular, which has led to an increase in the number of security and surveillance systems installed. As cities expand, more and more people are relocating inside these enormous multi-occupancy structures. These buildings require, among other things, security features like audio door phones. This is one of the key factors that will boost consumer demand and propel market expansion.
Market Restraints
The market's expansion is anticipated to be hampered by the high price of audio door phones. The durability and weight, the quality of the materials, the branding, and the design of the speakers are the main factors that contribute to the high price of audio door phones. This aspect can significantly hinder market expansion.
Impact of COVID-19
The COVID-19 pandemic epidemic has had a substantial impact on the door phone business. Production and manufacturing facilities around the world are shutting down owing to crisis and labor shortages as governments in certain nations impose and extend lockdowns. The market is predicted to have experienced a decline in 2019–2020 taking into account the opinions of different industry experts at different stages of the value chain, including OEMs, suppliers, integrators, end users, and distributors, as well as the financial performance of different businesses in the video door phones ecosystem. A sizable vacuum in the supply chain was also caused by the pandemic epidemic, which also interrupted the worldwide supply system. The pandemic had disastrous financial effects. Due to a temporary shortage of qualified specialists to create video door phone systems, the key participants in the market experienced a reduction in sales in the fiscal year 2020–2021. However, it is anticipated that the market would rebound after 2021 and continue to rise throughout the projected period.
Recent Developments
Fanvil will declare in March 2022 that Microsoft Teams has been integrated with its most recent i6 series door phones via the CyberGate SaaS program for quicker and more intelligent access control and communication.
For an undisclosed sum in 2021, Carel Industries purchased 51% of CFM Sogutma ve Otomasyon A.S. Carel Industries wants to expand its footprint in the Turkish market with this acquisition. The Turkish company CFM Sogutma ve Otomasyon A.S. provides building management systems, industrial cooling, air conditioning, and humidification.
Market Segmentation
Global Audio Door Phones Market is segmented By Connectivity, End-User, and Distribution. By Connectivity such as Wireless, Wired. By End-User such as Commercial, Residential, and Others. By Distribution Channels such as Online, Offline.
Regional Analysis
Global Audio Door Phones Market is segmented into five regions Americas, Asia-Pacific, Europe, and the Middle East & Africa. The market for audio door phones is dominated by North America because of the region's expanding use of security technology in several commercial settings. Further boosting market expansion will be the region's growing technical advancement. During the projected period of 2023–2030, Asia–Pacific is anticipated to experience the quickest rate of development due to an increase in construction activity. Additionally, rising consumer preferences for high-tech goods will increase this region's market demand.
Key Players
This report includes a list of numerous Key Players, namely SAMSUNG (South Korea), Honeywell International Inc., (U.S.), FERMAX ELECTRÓNICA, S.A.U. (Spain), Jacques Technologies Pty Ltd (Australia), Godrej & Boyce (India), Panasonic Corporation (Japan), Axis Communications AB (Sweden), Legrand (Japan), Hangzhou Hikvision Digital Technology Co., Ltd. (China), Schneider Electric (France), Godrej & Boyce (India).
Market Taxonomy
By Connectivity
• Wired
• Wireless
By End-User
• Residential
• Commercial
• Others
By Distribution Channel
• Online
• Offline
By Region
• North America Latin America
• Europe
• Asia Pacific
• Middle East & Africa.
Global Audio Door Phones Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Audio Door Phones Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to recent Energy Crisis
4.2.5 Cumulative Impact due to nearing Economic Downturn
4.2.6 Post Covid-19 World Supply and Demand Conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Audio Door Phones Market, By Connectivity
5.1 Y-o-Y Growth Comparison, By Connectivity
5.2 Global Audio Door Phones Market Share Analysis, By Connectivity
5.3 Global Audio Door Phones Market Size and Forecast, By Connectivity
5.3.1 Wired
5.3.2 Wireless
6 Global Audio Door Phones Market, By End-User
6.1 Y-o-Y Growth Comparison, By End-User
6.2 Global Audio Door Phones Market Share Analysis, By End-User
6.3 Global Audio Door Phones Market Size and Forecast, By End-User
6.3.1 Residential
6.3.2 Commercial
6.3.3 Others
7 Global Audio Door Phones Market, By Distribution Channel
7.1 Y-o-Y Growth Comparison, By Distribution Channel
7.2 Global Audio Door Phones Market Share Analysis, By Distribution Channel
7.3 Global Audio Door Phones Market Size and Forecast, By Distribution Channel
7.3.1 Online
7.3.2 Offline
8 Global Audio Door Phones Market, By Region
8.1 Global Audio Door Phones Market Share Analysis, By Region
8.2 Global Audio Door Phones Market Share Analysis, By Region
8.3 Global Audio Door Phones Market Size and Forecast, By Region
9 North America Audio Door Phones Market Analysis and Forecast (2023-2030)
9.1 Introduction
9.2 North America Audio Door Phones Market Share Analysis, By Connectivity
9.3 North America Audio Door Phones Market Size and Forecast, By Distribution Channel
9.4 North America Audio Door Phones Market Size and Forecast, By End-User
9.5 North America Audio Door Phones Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10EuropeAudio Door Phones Market Analysis and Forecast (2023-2030)
10.1 Introduction
10.2 Europe Audio Door Phones Market Share Analysis, By Connectivity
10.3 Europe Audio Door Phones Market Size and Forecast, By Distribution Channel
10.4 Europe Audio Door Phones Market Size and Forecast, By End-User
10.5 Europe Audio Door Phones Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.5.4. Rest of Europe
11Asia Pacific Audio Door Phones Market Analysis and Forecast (2023-2030)
11.1 Introduction
11.2 Asia Pacific Audio Door Phones Market Share Analysis, By Connectivity
11.3 Asia Pacific Audio Door Phones Market Size and Forecast, By Distribution Channel
11.4 Asia Pacific Audio Door Phones Market Size and Forecast, By End-User
11.5 Asia Pacific Audio Door Phones Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific
12Latin America Audio Door Phones Market Analysis and Forecast (2023-2030)
12.1 Introduction
12.2 Latin America Audio Door Phones Market Share Analysis, By Connectivity
12.3 Latin America Audio Door Phones Market Size and Forecast, By Distribution Channel
12.4 Latin America Audio Door Phones Market Size and Forecast, By End-User
12.5 Latin America Audio Door Phones Market Size and Forecast, Country
12.5.1. Brazil
12.5.2.Rest of Latin America
13Middle East Audio Door Phones Market Analysis and Forecast (2023-2030)
13.1 Introduction
13.2 Middle East Audio Door Phones Market Share Analysis, By Connectivity
13.3 Middle East Audio Door Phones Market Size and Forecast, By Distribution Channel
13.4 Middle East Audio Door Phones Market Size and Forecast, By End-User
13.5 Middle East Audio Door Phones Market Size and Forecast, By Country
13.5.1. Saudi Arabia
13.5.2. UAE
13.5.3. Egypt
13.5.4. Kuwait
13.5.5. South Africa
14Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15Company Profiles
15.1 SAMSUNG (South Korea)
15.1.1 Overview
15.1.2 Products
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2. Honeywell International Inc., (U.S.)
15.2.1 Overview
15.2.2 Products
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
12.2.6 Key Strategies
15.3. Panasonic Corporation (Japan)
15.3.1 Overview
15.3.2 Products
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Axis Communications AB (Sweden)
15.4.1 Overview
15.4.2 Products
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Legrand (Japan)
15.5.1 Overview
15.5.2 Products
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Hangzhou Hikvision Digital Technology Co., Ltd. (China)
15.6.1 Overview
15.6.2 Products
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Jacques Technologies Pty Ltd (Australia)
15.7.1 Overview
15.7.2 Products
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Godrej & Boyce (India)
15.8.1 Overview
15.8.2 Products
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Schneider Electric (France)
15.9.1 Overview
15.9.2 Products
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 Godrej & Boyce (India)
15.10.1 Overview
15.10.2 Products
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies