Smart Remote Control Market

Smart Remote Control Market Forecast, Trend Analysis & Competition Tracking - Global Market Insights 2019 to 2029

Analysis of Smart Remote Control market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more

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Remote Control Market in Numbers:

The smart remote control market registered a CAGR of nearly 17% during the period, 2013 to 2017. The smart remote control industry has been influenced by the transformations in application paradigms, from human to machine communications, leading to services such as smart control systems.

The smart remote control market has been estimated to exceed revenues worth US$ 500 Mn in 2019, and record a Y-o-Y growth at nearly 18% in 2020.

North America will remain the leading as well as high-growth market for smart remote control, upheld the consolidation of leading players in the region.

A key trend that will significantly influence demand for smart remote control is the integration of smart home devices abreast fast permeation of home automation systems in developed markets.

What are the Key Growth Drivers of Smart Remote Control Market? 

  • Shifting consumer preference for convenience over cost has led to advancements in gadgets that enhance user experience, leveraging the interaction technologies that extend far beyond graphical user interface (GUI). These aspects have indirectly impacted the developments in remote control technology, such as smart remote control.
  • Advances in smart remote control have also been influenced by efforts of leading consumer appliance companies on leveraging the context awareness and multi-modal output capabilities of the modern computing devices.
  • In a bid to translate profits from offering non-visual interaction experience to consumers, leading players are exploiting modern advances in hardware and software sensing in combination with artificial intelligence (AI), in order to transform the way of interaction with computing devices for consumers.
  • Proliferation of IoT-connected devices - key enablers of smarter living, along with fast permeation of compact sensors into existing home systems, has meant that smart home equipment and device manufacturers are continuously vying to remain at the front edge. This will significantly rub off on smart remote control developments in the foreseeable future.
  • Growing realization of consumer appliance manufacturers that experience isn’t a buzzword but an imperative, has led to a transition in their focus towards development and investment in innovation-driven solutions. Such innovations in functionalities and designs of home equipment will continue to favor smart remote control developments and sales in the near future.

Key Challenges Faced by Stakeholders in Smart Remote Control Market 

  • Design and development related complications have resulted in significant entry barriers to new market entrants. Additionally, as leading brands hold pole position in the market, cost of their products tend to be high, which continues to remain a key impediment to adoption of smart remote control.
  • Growing availability of low-cost to the relatively expensive smart remote controls, such as android and iOS applications continues to remain a key growth restraining aspect for the smart remote control market.

Smart Remote Control Market- Competitive Landscape 

The smart remote control market remains consolidated, with leading companies, such as Logitech International S.A., Koninklijke Philips N.V., and Universal Electronics, collectively holding nearly 40-50% market share.

Developed economies, such as North America, and Europe have witnessed a rapid surge in popularity of home automation technology in recent years, with the introduction of smart technologies that enable an interconnected environment.

New and innovative product launch has become the key growth determinant in the smart remote control market. Logitech International S.A, for instance, recently launched an all-new and easy to use universal voice remote - Harmony Express.

Smart remote control devices are also infiltrating the developing regions at a fast pace, with leading players eying East Asia and South Asia to expand their business by making ease accessible to untapped potential users.

Furthermore, as technology continues to advance exponentially, blockades to commercialization, entry, and learning are eroding, which is enabling new market entrants to try their luck in the proliferating and innovation-driven consumer appliance industry. Sevenhugs Inc., for instance, marked a strong presence in the smart remote control market recently with the launch of its Sevenhugs Smart Remote that unlike several variants, comes with motion-tracking and indoor position sensors.

Additional Insights 

End-Users Continue to Prefer Wi-Fi based Smart Remote Control

The WIFI based smart remote control technology continues to witness substantial demand, primarily driven by shifting consumer preference for convenience in the use of residential, commercial and industrial electronic devices. However, with consumers curious to leave old and try something new, adoption of more innovative products, such as radio smart-control based variants is likely to grow.

Since radio-frequency smart remote control variants don’t require internet, and can transmit signals through thick layers of obstructions from, their demand will continue to grow in the foreseeable future.

Research Scope 

Smart Remote Control Market - Research Methodology

A realistic methodology along with holistic approach makes the base of the incisive insights encompassed in the smart remote control market. The Fact.MR report offers comprehensive information on the growth prospects of smart remote control sector in tandem with enthralling insights into the forecast analysis of the market.

Substantial primary and secondary research has been carried out to accumulate valuable insights into the forecast analysis of smart remote control market. The report on smart remote control market has also endured cross-validation to ensure the delivery of accurate information to the market enthusiasts.

Key Segments of Smart Remote Control Market

  • By Technology Type :

    • Infrared Smart Remote-Control
    • Bluetooth Smart Remote-Control
    • WIFI Smart Remote-Control
    • Radio Smart-Remote-Control

  • By Use Case :

    • Residential Electronic Devices
    • Commercial and Industrial Electronic Devices

  • By Regions :

    • North America
    • Latin America
    • Europe
    • East Asia
    • South Asia
    • Oceania
    • Middle East & Africa

Table of Content

  • 1. Executive Summary
  • 2. Market Overview
  • 3. Market Background
  • 4. Market Dynamics & Associated Industry Assessment
  • 5. Global Market Analysis and Forecast
  • 6. Global Market By Technology Type
    • 6.1. Global Market By Technology Type
      • 6.1.1. Infrared Smart Remote-Control
      • 6.1.2. Bluetooth Smart Remote-Control
      • 6.1.3. WIFI Smart Remote-Control
      • 6.1.4. Radio Smart Remote-Control
    • 6.2. Global Market By Use Case
      • 6.2.1. Residential Electronic Devices
      • 6.2.2. Commercial and Industrial Electronic Devices
    • 6.3. Global Market by Region
      • 6.3.1. North America
      • 6.3.2. Latin America
      • 6.3.3. Europe
      • 6.3.4. East Asia
      • 6.3.5. South Asia
      • 6.3.6. Oceania
      • 6.3.7. Middle East & Africa (MEA)
  • 7. North America Market Analysis
  • 8. Latin America Market Analysis
  • 9. Europe Market Analysis
  • 10. East Asia Market Analysis
  • 11. South Asia Market Analysis
  • 12. Oceania Market Analysis
  • 13. MEA Market Analysis
  • 14. Key Countries Market Analysis and Forecast
  • 15. Competitive Assessment
    • 16.1. Logitech International S.A.
    • 16.2. AMX
    • 16.3. Crestron Electronics, Inc.
    • 16.4. HBC-radiomatic GmbH
    • 16.5. Hetronic Group
    • 16.6. Infrared Remote Solutions
    • 16.7. Innotech Systems
    • 16.8. Koninklijke Philips N.V.
    • 16.9. Leviton Manufacturing
    • 16.10. PRO Control
    • 16.11. RCS Remote-Control Solutions
    • 16.12. Ruwido, Seoby Electronics
    • 16.13. SMK-Link Electronics
    • 16.14. Universal Electronics
    • 16.15. Other Prominent Players
  • 17. Assumptions and Acronyms Used
  • 18. Research Methodology

List Of Table

Table 01: Global Market Volume (‘000 Units), by Region (2014 to 2029)

Table 02: Global Market Value (US$ MN), by Region (2014 to 2029)

Table 03: Global Market Volume (‘000 Units), by Technology (2014 to 2029)

Table 04: Global Market Value (US$ Mn), by Technology (2014 to 2029)

Table 05: Global Market Volume (‘000 Units), by Use Case (2014 to 2029)

Table 06: Global Market Value (US$ Mn), by Use Case (2014 to 2029)

Table 07: North America Market Volume (‘000 Units), by Region (2014 to 2029)

Table 08: North America Market Value (US$ Mn), by Region (2014 to 2029)

Table 09: North America Market Volume (‘000 Units), by Technology (2014 to 2029)

Table 10: North America Market Value (US$ Mn), by Technology (2014 to 2029)

Table 11: North America Market Volume (‘000 Units), by Use Case (2014 to 2029)

Table 12: North America Market Value (US$ Mn), by Use Case (2014 to 2029)

Table 13: Latin America Market Volume (‘000 Units), by Region (2014 to 2029)

Table 14: Latin America Market Value (US$ Mn), by Region (2014 to 2029)

Table 15: Latin America Market Volume (‘000 Units), by Technology (2014 to 2029)

Table 16: Latin America Market Value (US$ Mn), by Technology (2014 to 2029)

Table 17: Latin America Market Volume (‘000 Units), by Use Case (2014 to 2029)

Table 18: Latin America Market Value (US$ Mn), by Use Case (2014 to 2029)

Table 19: Europe Market Volume (‘000 Units), by Region (2014 to 2029)

Table 20: Europe Market Value (US$ Mn), by Region (2014 to 2029)

Table 21: Europe Market Volume (‘000 Units), by Technology (2014 to 2029)

Table 22: Europe Market Value (US$ Mn), by Technology (2014 to 2029)

Table 23: Europe Market Volume (‘000 Units), by Use Case (2014 to 2029)

Table 24: Europe Market Value (US$ Mn), by Use Case (2014 to 2029)

Table 25: East Asia Market Volume (‘000 Units), by Region (2014 to 2029)

Table 26: East Asia Market Value (US$ Mn), by Region (2014 to 2029)

Table 27: East Asia Market Volume (‘000 Units), by Technology (2014 to 2029)

Table 28: East Asia Market Value (US$ Mn), by Technology (2014 to 2029)

Table 29: East Asia Market Volume (‘000 Units), by Use Case (2014 to 2029)

Table 30: East Asia Market Value (US$ Mn), by Use Case (2014 to 2029)

Table 31: South Asia Market Volume (‘000 Units), by Region (2014 to 2029)

Table 32: South Asia Market Value (US$ Mn), by Region (2014 to 2029)

Table 33: South Asia Market Volume (‘000 Units), by Technology (2014 to 2029)

Table 34: South Asia Market Value (US$ Mn), by Technology (2014 to 2029)

Table 35: South Asia Market Volume (‘000 Units), by Use Case (2014 to 2029)

Table 36: South Asia Market Value (US$ Mn), by Use Case (2014 to 2029)

Table 37: Oceania Market Volume (‘000 Units), by Region (2014 to 2029)

Table 38: Oceania Market Value (US$ Mn), by Region (2014 to 2029)

Table 39: Oceania Market Volume (‘000 Units), by Technology (2014 to 2029)

Table 40: Oceania Market Value (US$ Mn), by Technology (2014 to 2029)

Table 41: Oceania Market Volume (‘000 Units), by Use Case (2014 to 2029)

Table 42: Oceania Market Value (US$ Mn), by Use Case (2014 to 2029)

Table 43: MEA Market Volume (‘000 Units), by Region (2014 to 2029)

Table 44: MEA Market Value (US$ Mn), by Region (2014 to 2029)

Table 45: MEA Market Volume (‘000 Units), by Technology (2014 to 2029)

Table 46: MEA Market Value (US$ Mn), by Technology (2014 to 2029)

Table 47: MEA Market Volume (‘000 Units), by Use Case (2014 to 2029)

Table 48: MEA Market Value (US$ Mn), by Use Case (2014 to 2029)

Table 49: China Market Volume (‘000 Units), by Technology (2014 to 2029)

Table 50: China Market Value (US$ Mn), by Technology (2014 to 2029)

Table 51: China Market Volume (‘000 Units), by Use Case (2014 to 2029)

Table 52: China Market Value (US$ Mn), by Use Case (2014 to 2029)

Table 53: India Market Volume (‘000 Units), by Technology (2014 to 2029)

Table 54: India Market Value (US$ Mn), by Technology (2014 to 2029)

Table 55: India Market Volume (‘000 Units), by Use Case (2014 to 2029)

Table 56: India Market Value (US$ Mn), by Use Case (2014 to 2029)

Table 57: Mexico Market Volume (‘000 Units), by Technology (2014 to 2029)

Table 58: Mexico Market Value (US$ Mn), by Technology (2014 to 2029)

Table 59: Mexico Market Volume (‘000 Units), by Use Case (2014 to 2029)

Table 60: Mexico Market Value (US$ Mn), by Use Case (2014 to 2029)

List Of Figures

Fig 01: Global Market Size and Y-o-Y Growth

Fig 02: Market Value Share, 2019E & 2029F

Fig 03: Global Market Y-o-Y Growth, by Technology (2014 to 2029)

Fig 04: Global Market Attractiveness Analysis, by Technology (2019 to 2029)

Fig 05: Global Market Y-o-Y Growth, by Use Case (2014 to 2029)

Fig 06: Global Market Attractiveness Analysis, by Use Case (2019 to 2029)

Fig 07: Global Market Y-o-Y Growth, by Region (2014 to 2029)

Fig 08: Global Market Attractiveness Analysis, by Region (2019 to 2029)

Fig 09: North America Market Size and Y-o-Y Growth

Fig 10: Market Value Share, 2019E & 2029F

Fig 11: North America Market Y-o-Y Growth, by Technology (2014 to 2029)

Fig 12: North America Market Attractiveness Analysis, by Technology (2019 to 2029)

Fig 13: North America Market Y-o-Y Growth, by Use Case (2014 to 2029)

Fig 14: North America Market Attractiveness Analysis, by Use Case (2019 to 2029)

Fig 15: North America Market Y-o-Y Growth, by Country (2014 to 2029)

Fig 16: North America Market Attractiveness Analysis, by Country (2019 to 2029)

Fig 17: Latin America Market Size and Y-o-Y Growth

Fig 18: Market Value Share, 2019E & 2029F

Fig 19: Latin America Market Y-o-Y Growth, by Technology (2014 to 2029)

Fig 20: Latin America Market Attractiveness Analysis, by Technology (2019 to 2029)

Fig 21: Latin America Market Y-o-Y Growth, by Use Case (2014 to 2029)

Fig 22: Latin America Market Attractiveness Analysis, by Use Case (2019 to 2029)

Fig 23: Latin America Market Y-o-Y Growth, by Country (2014 to 2029)

Fig 24: Latin America Market Attractiveness Analysis, by Country (2019 to 2029)

Fig 25: Europe Market Size and Y-o-Y Growth

Fig 26: Market Value Share, 2019E & 2029F

Fig 27: Europe Market Y-o-Y Growth, by Technology (2014 to 2029)

Fig 28: Europe Market Attractiveness Analysis, by Technology (2019 to 2029)

Fig 29: Europe Market Y-o-Y Growth, by Use Case (2014 to 2029)

Fig 30: Europe Market Attractiveness Analysis, by Use Case (2019 to 2029)

Fig 31: Europe Market Y-o-Y Growth, by Country (2014 to 2029)

Fig 32: Europe Market Attractiveness Analysis, by Country (2019 to 2029)

Fig 33: East Asia Market Size and Y-o-Y Growth

Fig 34: Market Value Share, 2019E & 2029F

Fig 35: East Asia Market Y-o-Y Growth, by Technology (2014 to 2029)

Fig 36: East Asia Market Attractiveness Analysis, by Technology (2019 to 2029)

Fig 37: East Asia Market Y-o-Y Growth, by Use Case (2014 to 2029)

Fig 38: East Asia Market Attractiveness Analysis, by Use Case (2019 to 2029)

Fig 39: East Asia Market Y-o-Y Growth, by Country (2014 to 2029)

Fig 40: East Asia Market Attractiveness Analysis, by Country (2019 to 2029)

Fig 41: South Asia Market Size and Y-o-Y Growth

Fig 42: Market Value Share, 2019E & 2029F

Fig 43: South Asia Market Y-o-Y Growth, by Technology (2014 to 2029)

Fig 44: South Asia Market Attractiveness Analysis, by Technology (2019 to 2029)

Fig 45: South Asia Market Y-o-Y Growth, by Use Case (2014 to 2029)

Fig 46: South Asia Market Attractiveness Analysis, by Use Case (2019 to 2029)

Fig 47: South Asia Market Y-o-Y Growth, by Country (2014 to 2029)

Fig 48: South Asia Market Attractiveness Analysis, by Country (2019 to 2029)

Fig 49: Oceania Market Size and Y-o-Y Growth

Fig 50: Market Value Share, 2019E & 2029F

Fig 51: Oceania Market Y-o-Y Growth, by Technology (2014 to 2029)

Fig 52: Oceania Market Attractiveness Analysis, by Technology (2019 to 2029)

Fig 53: Oceania Market Y-o-Y Growth, by Use Case (2014 to 2029)

Fig 54: Oceania Market Attractiveness Analysis, by Use Case (2019 to 2029)

Fig 55: Oceania Market Y-o-Y Growth, by Country (2014 to 2029)

Fig 56: Oceania Market Attractiveness Analysis, by Country (2019 to 2029)

Fig 57: MEA Market Size and Y-o-Y Growth

Fig 58: Market Value Share, 2019E & 2029F

Fig 59: MEA Market Y-o-Y Growth, by Technology (2014 to 2029)

Fig 60: MEA Market Attractiveness Analysis, by Technology (2019 to 2029)

Fig 61: MEA Market Y-o-Y Growth, by Use Case (2014 to 2029)

Fig 62: MEA Market Attractiveness Analysis, by Use Case (2019 to 2029)

Fig 63: MEA Market Y-o-Y Growth, by Region (2014 to 2029)

Fig 64: MEA Market Attractiveness Analysis, by Region (2019 to 2029)

Fig 65: China Market Size and Y-o-Y Growth

Fig 66: Market Value Share, 2019E & 2029F

Fig 67: China Market Y-o-Y Growth, by Technology (2014 to 2029)

Fig 68: China Market Attractiveness Analysis, by Technology (2019 to 2029)

Fig 69: China Market Y-o-Y Growth, by Use Case (2014 to 2029)

Fig 70: China Market Attractiveness Analysis, by Use Case (2019 to 2029)

Fig 71: India Market Size and Y-o-Y Growth

Fig 72: Market Value Share, 2019E & 2029F

Fig 73: India Market Y-o-Y Growth, by Technology (2014 to 2029)

Fig 74: India Market Attractiveness Analysis, by Technology (2019 to 2029)

Fig 75: India Market Y-o-Y Growth, by Use Case (2014 to 2029)

Fig 76: India Market Attractiveness Analysis, by Use Case (2019 to 2029)

Fig 77: Mexico Market Size and Y-o-Y Growth

Fig 78: Market Value Share, 2019E & 2029F

Fig 79: Mexico Market Y-o-Y Growth, by Technology (2014 to 2029)

Fig 80: Mexico Market Attractiveness Analysis, by Technology (2019 to 2029)

Fig 81: Mexico Market Y-o-Y Growth, by Use Case (2014 to 2029)

Fig 82: Mexico Market Attractiveness Analysis, by Use Case (2019 to 2029)

- FAQs -

What is the CAGR for Smart Remote Control market?

The global market is poised to record a staggering CAGR of 18% by the end of forecast period.

What are the segments covered in the Smart Remote Control market report?

The global market is segmented by technology type, by application and by regions.

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