The global door phone market size reached US$ 5.2 Billion in 2023. Looking forward, the market is projected to reach US$ 8.9 Billion by 2032, exhibiting a growth rate (CAGR) of 6.15% during 2023-2032. The emerging trend of smart homes, launch of advanced product variants, and rising funding by governing agencies represent some of the key factors driving the market.
A door phone refers to a collection of electrical and electronic elements that are mounted on the wall with buttons and a handset. It is widely used to communicate with a guest outside of a house, apartment, and villa. It also enables the unlocking and locking of the main gate and provides a higher level of security. It can be interlinked between multiple residences to operate as a safety device and an intercom for saving money on installing and maintaining numerous devices. At present, it is commonly available in the audio variant that enables users to talk with the visitor at the door and the video variant, which allows the resident to identify visitors through the connected screen.
Apart from this, the increasing number of offices, warehouses, stores, hotels, parks, and resorts is catalyzing the demand for door phones to enhance public safety. Furthermore, key players operating in the industry are introducing advanced video door phones that are equipped with voice change function and call recording features, and offer picture recording with the help of main and extension monitors.
These advanced variants can also be connected with multiple wired and wireless monitors and LED lights for allowing users to see more precise images. Besides this, the advent of door phone mobile applications to control the opening and closing of the door even from the distant places. In addition, the rising awareness among individuals about the benefits of using door phones is projected to create a positive outlook for the market in the coming years.
2. What is the expected growth rate of the global door phone market during 2024-2032?
3. What are the key factors driving the global door phone market?
4. What has been the impact of COVID-19 on the global door phone market?
5. What is the breakup of the global door phone market based on the product?
6. What is the breakup of the global door phone market based on the connectivity?
7. What is the breakup of the global door phone market based on the application?
8. What are the key regions in the global door phone market?
9. Who are the key players/companies in the global door phone market?
A door phone refers to a collection of electrical and electronic elements that are mounted on the wall with buttons and a handset. It is widely used to communicate with a guest outside of a house, apartment, and villa. It also enables the unlocking and locking of the main gate and provides a higher level of security. It can be interlinked between multiple residences to operate as a safety device and an intercom for saving money on installing and maintaining numerous devices. At present, it is commonly available in the audio variant that enables users to talk with the visitor at the door and the video variant, which allows the resident to identify visitors through the connected screen.
Door Phone Market Trends
Presently, the increasing instances of thefts and burglaries, coupled with rising concerns about home security, represent one of the major factors driving the demand for door phones around the world. Moreover, the emerging trend of smart homes and the rising utilization of smart devices on account of inflating income levels and rapid urbanization are supporting the growth of the market. In addition, the growing number of renovation and construction activities in the residential and commercial areas and rising investments in the development of smart cities by governing agencies of numerous countries are currently influencing the market positively.Apart from this, the increasing number of offices, warehouses, stores, hotels, parks, and resorts is catalyzing the demand for door phones to enhance public safety. Furthermore, key players operating in the industry are introducing advanced video door phones that are equipped with voice change function and call recording features, and offer picture recording with the help of main and extension monitors.
These advanced variants can also be connected with multiple wired and wireless monitors and LED lights for allowing users to see more precise images. Besides this, the advent of door phone mobile applications to control the opening and closing of the door even from the distant places. In addition, the rising awareness among individuals about the benefits of using door phones is projected to create a positive outlook for the market in the coming years.
Key Market Segmentation
This report provides an analysis of the key trends in each segment of the global door phone market, along with forecasts at the global, regional, and country level from 2024-2032. The report has categorized the market based on product, connectivity, and application.Product Insights:
- Audio Door Phones
- Video Door Phones
Connectivity Insights:
- Wired
- Wireless
Application Insights:
- Commercial
- Residential
Regional Insights:
- North America
- United States
- Canada
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape
The report has also provided a comprehensive analysis of the competitive landscape in the global door phone market. Detailed profiles of all major companies have also been provided. Some of the companies covered include 1byone Inc., Aiphone Corporation (Aiphone Co. Ltd.), CP PLUS International (Aditya Infotech Ltd.), Fermax, Godrej & Boyce Mfg. Co. Ltd., Hangzhou Hikvision Digital Technology Co., Ltd, Honeywell International Inc., KOCOM Co. Ltd., Legrand, Panasonic Corporation, URMET S.p.A., Zicom Electronic Security Systems Ltd, etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.Key Questions Answered in This Report
1. How big is the global door phone market?2. What is the expected growth rate of the global door phone market during 2024-2032?
3. What are the key factors driving the global door phone market?
4. What has been the impact of COVID-19 on the global door phone market?
5. What is the breakup of the global door phone market based on the product?
6. What is the breakup of the global door phone market based on the connectivity?
7. What is the breakup of the global door phone market based on the application?
8. What are the key regions in the global door phone market?
9. Who are the key players/companies in the global door phone market?
Table of Contents
1 Preface3 Executive Summary11 Value Chain Analysis13 Price Analysis
2 Scope and Methodology
4 Introduction
5 Global Door Phone Market
6 Market Breakup by Product
7 Market Breakup by Connectivity
8 Market Breakup by Application
9 Market Breakup by Region
10 Drivers, Restraints, and Opportunities
12 Porters Five Forces Analysis
14 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- 1byone Inc.
- Aiphone Corporation (Aiphone Co. Ltd.)
- CP PLUS International (Aditya Infotech Ltd.)
- Fermax
- Godrej & Boyce Mfg. Co. Ltd.
- Hangzhou Hikvision Digital Technology Co. Ltd
- Honeywell International Inc.
- KOCOM Co. Ltd.
- Legrand
- Panasonic Corporation
- URMET S.p.A.
- Zicom Electronic Security Systems Ltd
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 137 |
Published | April 2024 |
Forecast Period | 2023 - 2032 |
Estimated Market Value ( USD | $ 5.2 Billion |
Forecasted Market Value ( USD | $ 8.9 Billion |
Compound Annual Growth Rate | 6.1% |
Regions Covered | Global |
No. of Companies Mentioned | 12 |