About Door Phone
Door phones are a necessity in a modern household. They are simple in structure and are relatively inexpensive. Door phones can be used for both voice communication as well as video communication and are used in apartments, single-family residences or residential buildings, and others. Door phones can also be used in factories as well as different communities to identify the visitors. Video door phone is constructed using power line communication channels. Door phones installed indoors are linked to video door phones outside via the power line.
Technavio’s analysts forecast the global door phone market to grow at a CAGR of 2.91% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global door phone market for 2016-2020. To calculate the market size, the report considers the revenue generated from the worldwide retail sales of the two types of door phones in the market which include audio door phone and video door phone.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Door Phone Market 2016-2020
Technavio recognizes the following companies as the key players in the global door phone market: Aiphone, FERMAX, Honeywell, Legrand, and Panasonic.
Other Prominent Vendors in the market are: 1byone Products, ABB Genway, Axis Communications, Guangdong Anjubao, Hikvision, FARBELL, Samsung, Schneider, TCS, and Urmet Group.
Commenting on the report, an analyst from Technavio’s team said: “Growing residential construction market in US is gaining traction in the market. North America dominates the global door phone market, and the US is the leading market in the region. New residential construction in 2015 and 2016 will drive the demand for door phones in the region. The privately-owned houses under construction in the US will require door phones to be installed for safety and security purposes. This, in turn, will increase the demand for door phones in the region.”
According to the report, the growing number of burglaries and threats worldwide drives the demand for video and audio door phones. The demand for door phones is growing extensively among residential household users.
Further, the report states that one of the major challenges in the global door phone market is the lack of the awareness of the benefits of door phones in developing countries. This hinders the growth of the market. The users in developing regions like India and other countries remain unaware of the security provided by these door phones due to low urbanization rates. Even though the crime rates and theft are rising in these regions, users hesitate to install the door phones in residences.
Aiphone, FERMAX, Honeywell, Legrand, Panasonic, 1byone Products, ABB Genway, Axis Communications, Guangdong Anjubao, Hikvision, FARBELL, Samsung, Schneider, TCS, Urmet Group.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook