Remote Control Market: Sales Remain High in North America
According to new Fact.MR study, global sales of remote control exceeded 630 million units in 2018, and are anticipated to record a Y-o-Y growth of 2.0% in 2019. The remote control industry continues to be influenced by a range of factors, such as significant development in the entertainment industry, complemented by the introduction of low-power and voice-controlled remotes. The study analyzes the remote control market in detail, and offers readers a thorough analysis of various key dynamics impacting the market growth.
The study finds that a shift in technology from AVC (Advanced Video Coding) to HEVC (High Efficiency Video Coding) to improve video quality for entertainment and media industry, has increased the sales of various entertainment devices including remote control. Prospects of remote control market remain promising, as consumers, especially in developing economies, are willing spend more on entertainment devices such as set-top boxes, gaming consoles, and Blu-ray players, amid improving economic conditions and rising disposable income.
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1. Executive Summary
1.1. Global Market Outlook
1.2. Opportunity Assessment
1.3. Mega Trends
1.4. Fact.MR Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Introduction
3. Remote Control Market Background
3.1. State of the Smart Home Market – Overview
3.1.1. Top Countries Share in Smart Home Market
3.1.2. Top Segments Share in Smart Home Market
3.2. Market Penetration of Smart Remotes
3.3. Improving Living Standards & Technological Advancement
3.4. Smart TV Market Outlook – By region
3.5. E-Commerce Industry Outlook – By Region
3.6. Key Electronic Manufacturing Clusters
4. Market Dynamics & Associated Industry Assessment
4.1. Market Dynamics
4.1.1. Market Driving Factors and Impact Assessment
4.1.2. Prominent Market Challenges and Impact Assessment
4.1.3. Remote Control Market Opportunities
4.1.4. Prominent Trends in the global market & their impact assessment
4.2. Supply Chain Analysis
4.3. Global Remote Control Market Scenario Forecast
4.4. Factors Promoting Remote Control
4.5. Global Remote Control Market – Forecast Factors
To be Continue...........
Browse Full Report with ToC Here:
https://www.factmr.com/report/3575/remote-control-market
Remote Control Sales Remain High in North America
The study finds that North America will continue to retain its leading position in the remote control market, with sales of over 175 million units in 2018. Rapid adoption of home automation systems in the region, and increasing demand for home appliances and electronic products that sync well with upward trend of smart homes, are the important factors influencing the growth of remote control market in North America.
According to study, infrared (IR) remote control witnessed worldwide sales of over 535 million units in 2018, accounting for more than 80% share. As IR remote control sends out both IR and RF signals while providing better transfer rate, manufacturers are focusing on developing effective products that allow users to sit still in one place and control television, lighting systems, sound system, and other kinds of AV equipment.
Remote Control Market – Competitive Landscape
Suzhou SZX Technology Co., Ltd
Founded in 2003, Suzhou SZX Technology Co. Ltd. is headquartered in Jiangsu, China and has a strong portfolio of remote control with variety of products. The company offers ordinary remote control, universal remote control, learning remote control, PC remote control, ultra-thin remote control, set-top box remote control, multi-function remote control, touch-screen remote control, game remote control, and more.
Omni Remote
Founded by Philips in 1990, Omni Remote is based in Singapore and has its presence in various countries including the USA, China, Japan, India, Taiwan, and some part of Europe. The company offers a wide range of design and customization options for remote control to match ever customer’s need.
ZENITH ELECTRONICS, LLC
Established in 1918, Zenith Electronics, LLC is headquartered in Illinois, USA, and focuses on the development and supply of consumer electronics, hospitality products, and healthcare products. The company operates as a wholly owned subsidiary for LG Electronics Inc. since 1999.
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The study finds that a shift in technology from AVC (Advanced Video Coding) to HEVC (High Efficiency Video Coding) to improve video quality for entertainment and media industry, has increased the sales of various entertainment devices including remote control. Prospects of remote control market remain promising, as consumers, especially in developing economies, are willing spend more on entertainment devices such as set-top boxes, gaming consoles, and Blu-ray players, amid improving economic conditions and rising disposable income.
Get Free Sample Report Here:
https://www.factmr.com/connectus/sample?flag=S&rep_id=3575
1. Executive Summary
1.1. Global Market Outlook
1.2. Opportunity Assessment
1.3. Mega Trends
1.4. Fact.MR Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Introduction
3. Remote Control Market Background
3.1. State of the Smart Home Market – Overview
3.1.1. Top Countries Share in Smart Home Market
3.1.2. Top Segments Share in Smart Home Market
3.2. Market Penetration of Smart Remotes
3.3. Improving Living Standards & Technological Advancement
3.4. Smart TV Market Outlook – By region
3.5. E-Commerce Industry Outlook – By Region
3.6. Key Electronic Manufacturing Clusters
4. Market Dynamics & Associated Industry Assessment
4.1. Market Dynamics
4.1.1. Market Driving Factors and Impact Assessment
4.1.2. Prominent Market Challenges and Impact Assessment
4.1.3. Remote Control Market Opportunities
4.1.4. Prominent Trends in the global market & their impact assessment
4.2. Supply Chain Analysis
4.3. Global Remote Control Market Scenario Forecast
4.4. Factors Promoting Remote Control
4.5. Global Remote Control Market – Forecast Factors
To be Continue...........
Browse Full Report with ToC Here:
https://www.factmr.com/report/3575/remote-control-market
Remote Control Sales Remain High in North America
The study finds that North America will continue to retain its leading position in the remote control market, with sales of over 175 million units in 2018. Rapid adoption of home automation systems in the region, and increasing demand for home appliances and electronic products that sync well with upward trend of smart homes, are the important factors influencing the growth of remote control market in North America.
According to study, infrared (IR) remote control witnessed worldwide sales of over 535 million units in 2018, accounting for more than 80% share. As IR remote control sends out both IR and RF signals while providing better transfer rate, manufacturers are focusing on developing effective products that allow users to sit still in one place and control television, lighting systems, sound system, and other kinds of AV equipment.
Remote Control Market – Competitive Landscape
Suzhou SZX Technology Co., Ltd
Founded in 2003, Suzhou SZX Technology Co. Ltd. is headquartered in Jiangsu, China and has a strong portfolio of remote control with variety of products. The company offers ordinary remote control, universal remote control, learning remote control, PC remote control, ultra-thin remote control, set-top box remote control, multi-function remote control, touch-screen remote control, game remote control, and more.
Omni Remote
Founded by Philips in 1990, Omni Remote is based in Singapore and has its presence in various countries including the USA, China, Japan, India, Taiwan, and some part of Europe. The company offers a wide range of design and customization options for remote control to match ever customer’s need.
ZENITH ELECTRONICS, LLC
Established in 1918, Zenith Electronics, LLC is headquartered in Illinois, USA, and focuses on the development and supply of consumer electronics, hospitality products, and healthcare products. The company operates as a wholly owned subsidiary for LG Electronics Inc. since 1999.
Have Any Query?? Ask Our Industry Expert
https://www.factmr.com/connectus/sample?flag=AE&rep_id=3575
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