The video door phones market was valued at $4,618.80 million in 2021 and is estimated to reach $9,542.10 million by 2031, exhibiting a CAGR of 7.78% from 2022 to 2031. A video door-phone also known as a video door entry or video intercom is a standalone intercom system used to manage calls made at the entrance to a building, residential complex, detached family home, or workplace where access is controlled by audiovisual communication between the inside and outside.
The market's need for safety appliances is being driven by the rise in demand for home automation and smart appliances. The proliferation of smart technologies has created sufficient space for device control through smartphones and tablets. One may easily link their door phone to their smartphone and control their door closing and opening from long distance. This makes life easier for people who rely on the maid to nurture their children at home or whose relatives and friends wish to visit in their absence. This type of advanced level door-phone is definitely in more demand in major Western countries.
The video door-phones market is segmented on the basis of type, end user, and region. By type, the market is classified into wired and wireless video door phones. By end user, it is divided into non-residential, and residential. Region wise, the video door-phones market trends are analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, Germany, France, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).
The key players operating in the market include video door-phones market players, such as Panasonic Corporation, Honeywell International Inc., Legrand, ABB Ltd., Aiphone, SkyBell Technologies, Inc., VTech, FERMAX Global, 1byone, Inc, and Zmodo.
The market's need for safety appliances is being driven by the rise in demand for home automation and smart appliances. The proliferation of smart technologies has created sufficient space for device control through smartphones and tablets. One may easily link their door phone to their smartphone and control their door closing and opening from long distance. This makes life easier for people who rely on the maid to nurture their children at home or whose relatives and friends wish to visit in their absence. This type of advanced level door-phone is definitely in more demand in major Western countries.
The video door-phones market is segmented on the basis of type, end user, and region. By type, the market is classified into wired and wireless video door phones. By end user, it is divided into non-residential, and residential. Region wise, the video door-phones market trends are analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, Germany, France, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).
The key players operating in the market include video door-phones market players, such as Panasonic Corporation, Honeywell International Inc., Legrand, ABB Ltd., Aiphone, SkyBell Technologies, Inc., VTech, FERMAX Global, 1byone, Inc, and Zmodo.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the video door phones market analysis from 2021 to 2031 to identify the prevailing video door phones market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the video door phones market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global video door phones market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Type
- Wireless Door Phone
- Wired Door Phone
By End User
- Residential
- Non-Residential
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key Market Players
- Panasonic Corporation
- Honeywell International Inc.
- ABB Ltd.
- Aiphone
- VTech
- FERMAX Global
- Zmodo
- legrand
- SkyBell Technologies, Inc.
- 1byone, Inc
Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: VIDEO DOOR PHONES MARKET, BY TYPE
CHAPTER 5: VIDEO DOOR PHONES MARKET, BY END USER
CHAPTER 6: VIDEO DOOR PHONES MARKET, BY REGION
CHAPTER 7: COMPETITIVE LANDSCAPE
CHAPTER 8: COMPANY PROFILES
List of Tables
List of Figures
Executive Summary
According to the report titled, “Video Door Phones Market," the video door phones market was valued at $4.6 billion in 2021, and is estimated to reach $9.5 billion by 2031, growing at a CAGR of 7.8% from 2022 to 2031.The video door phones market is likely to experience a significant growth rate of 7.78% from 2022-2031 owing to the associated benefits and integration of advanced technologies in video door phones have a positive impact on the growth of this market.A door phone is a collection of electrical and electronic equipment with buttons and a handset mounted on the wall. It is typically used to interact with visitors outside of a home, apartment, or villa. Additionally, it makes it possible to unlock and lock the main gate and increases security. It can be connected to various homes to function as an intercom and a safety device, saving money on the installation and maintenance of numerous devices. At the moment, it is often offered in two forms: audio, which allows users to communicate with visitors at the door, and video, which enables residents to see visitors on an attached screen.
The growing demand for home automation and smart devices is increasing the need for security devices in the market. The introduction of smart technologies has given enough space to control devices with smartphones and tablets. The intercom can be easily connected to a smartphone and controls the opening and closing of the door remotely. This makes life easier for people who rely on maids to raise their children at home, or whose relatives and friends want to come in during their absence. There is certainly more demand for such a high-quality video phone in major western countries. The growing number of smart cities in various countries is increasing the market demand for security and surveillance products. In addition, rapid urbanization causes many people to live in apartment buildings due to a lack of space. This in turn increases the need for a strong security system. The wireless feature of door phones can provide multi-level security from the community entrance to the lobby to the front door entrance. The user can easily connect to the central safety system in case of accidents. In addition, the increase in construction activity in the residential and commercial sectors is increasing the demand for such products in the market.
The primary factors driving the global door phone market are the growing consumer preference for technologically advanced door phones and the rising level of personal disposable income. Moreover, an increase in the number of burglary and theft cases, an increase in the level of concern about the safety and security of residential properties, an increase in research and development activities, and an increase in globalization and westernization are also responsible for the market growth of Door Phone.
However, customer demand for doorbells integrated with smart home systems can pose significant challenges for individual doorbell markets. However, global financial uncertainties and economic difficulties are the major factors hampering the growth of the door phone market. Nevertheless, the global door intercom market is expected to grow during the forecast period, owing to growth in e-commerce platforms, expanding security and surveillance industry, construction of smart homes, and rising awareness of popular brands.
The video door phones market analysis is based on type, end user, and region. By type, the market is classified into wired and wireless video door phones. By end user, it is divided into non-residential, and residential. Region-wise, the video door phones market trends are analyzed across North America (the U.S., Canada, and Mexico), Europe (UK, Germany, France, and the rest of Europe), Asia-Pacific China, Japan, India, South Korea, and the rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). Asia-Pacific, specifically the China region, remains a significant participant in the global video door phones industry. Major organizations and government institutions in the country are intensely putting resources into this industry.
The key players profiled in the video door phones market study includes Panasonic Corporation, Honeywell International Inc., Legrand, ABB Ltd., Aiphone, SkyBell Technologies, Inc., VTech, FERMAX Global, 1byone, Inc, and Zmodo. The players in the market have been actively engaged in the adoption of various strategies such as acquisition, product launch, and expansion to remain competitive and gain an advantage over the competitors in the market.
Key Market Insights
- In 2021, on the basis of type, the wireless door phone segment was the highest revenue contributor to the market, with $2,694.2 million in 2021
- In 2021, on the basis of end users, the non-residential segment was the highest revenue contributor to the market and is expected to follow the same trend during the forecast period.
- In 2021, based on region, Asia-Pacific was the highest revenue contributor, accounting for $2,287.7 million in 2021, and is estimated to reach $5,111.7 million by 2031, with a CAGR of 8.62%.
Companies Mentioned
- Panasonic Corporation
- Honeywell International Inc.
- ABB Ltd.
- Aiphone
- VTech
- FERMAX Global
- Zmodo
- legrand
- SkyBell Technologies, Inc.
- 1byone, Inc
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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