PUBLISHER: The Business Research Company | PRODUCT CODE: 1672433
PUBLISHER: The Business Research Company | PRODUCT CODE: 1672433
An intercom system is a closed-circuit voice communication device that enables two-way communication between individuals.
The primary product types of intercom systems and equipment include audio and video. Audio pertains to aspects related to sound, encompassing the reception, transmission, reproduction, or specific frequency of sound. Various technologies are employed in intercom systems and equipment, including IP-based and analog-based systems. Intercoms find applications in various sectors such as government, residential, and commercial, serving different purposes.
The intercoms systems and equipment market research report is one of a series of new reports from The Business Research Company that provides intercoms systems and equipment market statistics, including intercoms systems and equipment market global market size, regional shares, competitors with a intercoms systems and equipment market share, detailed intercoms systems and equipment market segments, market trends and opportunities, and any further data you may need to thrive in the intercoms systems and equipment industry. This intercoms systems and equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The intermodals market size has grown rapidly in recent years. It will grow from $30.07 billion in 2024 to $34.18 billion in 2025 at a compound annual growth rate (CAGR) of 13.7%. The growth in the historic period can be attributed to resulted from emerging markets growth, rise in e-commerce, rise in mining activity, government policies, taxation and growth in international trade volumes.
The intermodals market size is expected to see rapid growth in the next few years. It will grow to $50.62 billion in 2029 at a compound annual growth rate (CAGR) of 10.3%. The growth in the forecast period can be attributed to faster economic growth, sustainability, emphasis on cutting carbon emissions and government support. Major trends in the forecast period include artificial intelligence in intermodal services, focusing on shipment tracking tools, advanced driver assistance system (ADAS) technology, focus on digitalization, obstacle detection assistance systems, focus on rail vehicle visibility tools, technological advancement, strategic partnerships and collaborations.
The growing use of IoT-based intercom systems is anticipated to drive market growth. An IoT-based intercom system leverages the internet along with key networking areas through platforms and middleware, enabling network connectivity that allows intercom systems to send and receive data using embedded sensors, actuators, and other devices. The increasing adoption of IoT technologies is expected to boost demand for intercom devices globally. For instance, in January 2023, the World Economic Forum, a Switzerland-based non-profit organization, projected that the number of connected IoT devices will reach 30 billion by 2025. This expansion enables Fermax to not only enhance user experience but also to directly offer a range of value-added services to their customers.
The growth of smart homes is anticipated to fuel the expansion of intercom systems and equipment. Smart homes, equipped with remotely monitored and controlled devices, utilize intercom systems accessible through smartphones or tablets. These systems facilitate communication between residents, visitor screening at the front door, and access control. According to RubyHome, a US-based real estate company, approximately 63.43 million homes in the US use smart home devices, and a significant majority of homebuyers express willingness to invest in smart homes, driving the growth of the intercom systems and equipment market.
Leading companies in the intermodal market are prioritizing technologies like intermodal rail tracking to improve supply chain visibility and operational efficiency. Intermodal rail tracking is a logistics tool that enables real-time monitoring of container movements across various transportation modes, especially rail and ocean. For instance, in June 2023, Vizion, a US-based technology company specializing in supply chain visibility solutions, introduced the Intermodal Rail Tracking tool. This tool provides real-time location updates and alerts for key events, such as last-free and available pickup dates, helping users avoid extra freight charges and optimize logistics management.
Key players in the intercom systems and equipment market are concentrating on product innovation, as seen with products such as IMPW. IMPW is a wireless intercom system designed for critical missions in both civilian and combat scenarios. Savox Communications Ltd., a US-based communication solutions provider, introduced IMPW in September 2023. The system, comprising the Savox IMP system, the Savox WIM (Wireless Interface Module), and Savox WPCUs (Wireless Personal Communication Units), ensures wireless capability, low-power operation, robust encryption, and natural audio features within vehicles or vessels, facilitating seamless collaboration in various situations.
In September 2024, Universal Logistics Holdings, Inc., a U.S.-based logistics and transportation services provider, acquired Parsec for an undisclosed amount. This acquisition aims to expand Universal Logistics Holdings, Inc.'s market presence and strengthen its service offerings. Parsec is a U.S.-based software company known for its expertise in remote desktop and game streaming technology.
Major companies operating in the intermodals market include BNSF Railway, Norfolk Southern Railway, Union Pacific Railroad, Canadian National Railway, Deutsche Bahn, CSX Transportation, Schneider National, Inc, SNCF, Japan Freight Railway Company (JR Freight), KNIGHT-SWIFT TRANSPORTATION HOLDINGS INC., China State Railway Group Co. Ltd., Container Corp. of India Ltd., Indian Railways, KiwiRail Ltd., PT Kereta Api Indonesia (Persero), Qube Holdings Ltd., Twentieth Super Pace Nominees Pty Ltd, SF Express Co. Ltd., Deppon Logistics Co. Ltd., HOAU Logistics Company Limited, Shanghai CNEX Express Co. Ltd., COSCO Logistics, Barrington Freight Ltd., Coyote Logistics Europe, TransContainer, Emperor Franz Joseph Railway, GW Train Regio, Caile Ferate Romane, CFR Marfa, J.B. Hunt intermodal, XPO Logistics, Swift Intermodal, The National Railroad Passenger Corporation (Amtrak), Kansas City Southern, Hudson Bay Railway Co., Panalpina, Yusen Logistics, Fox Brasil, Almar Group, Trenes Metropolitanos, Brazil Great Southern Railway, Ferrocarril Transandino, Saudi Railway Company, Israel Railways Ltd. Iraq Republic Railways Co., Middle East Rail, Turkish State Railways (TCDD), Egyptian National Railways (ENR), Transnet SOC Ltd
Asia-Pacific was the largest region in the intercoms systems and equipment market in 2024. Asia-Pacific is expected to be the fastest-growing region in the global intercoms systems and equipment market analysis report during the forecast period. The regions covered in the intermodals market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the intermodals market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain
The intercoms systems and equipment market consist of sales of intercom system devices for usage in an electronic communications system that contains circuitry to transmit and receive audio and/or video transmissions. The intercom system services can be through wireless, wired, video, apartment based, and two ways radios for communication. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Intermodals Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on intermodals market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for intermodals ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The intermodals market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.