Market Share of Vehicle Intercom System Industry
The vehicle Intercom System Market is moderately fragmented. Cobham Plc., Harris Corporation, David Clark, Elbit Systems, and, Thales Group are prominent players in the market. The growth is attributed to the highest defense expenditure, growing focus on improving military communication capabilities, and procurement of next-generation communication devices. The United States is the highest defense spender in the world in 2021 and continuously spend heavily to robust its military communication system. For instance, In June 2022, the United States Department of Defense plans to spend nearly USD 13 billion to develop and acquire military communication satellites over the next five years.
Vehicle Intercom System Market Leaders
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Elbit Systems
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Thales Group
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Cobham Plc
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Harris Corporation
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David Clark Company, Inc.
*Disclaimer: Major Players sorted in no particular order