The Asia Pacific Smart Remote Market would witness market growth of 9.0% CAGR during the forecast period (2022-2028).
There are two parts to a radio remote control system: broadcast and receive. The RF remote control and the transmitter module are the two pieces of the transmitter. This enables the transmitter module to be utilized as a part of a larger system. The transmitter module is small, but it requires extensive knowledge to operate; when used in conjunction with the RF remote control, it is considerably easier to operate. A super-regenerative receiver or a superheterodyne receiver are the two most common types of receivers. The super-regenerative receiver functions similarly to a circuit that detects intermittent oscillations. The superheterodyne functions similarly to the one found in a radio receiver. The outcomes of the stability, high sensitivity, and reasonably good anti-interference ability, as well as its small size and low cost, the superheterodyne receiver is utilized.
Factors promoting the market growth include rising disposable incomes, urbanization, an increasing working population, as well as changing lifestyles. In addition, significant growth in flexible income and simple financing plans has resulted in a reduction in electronic device replacement cycles, such as remote controls. Similarly, expanding online commerce is critical for businesses to reach out to new customers and expand the customer base.
The population of the Asia Pacific region is showing great interest in learning about smart remotes and other technologies, powered by the Internet of Things, and as a response, this population is demanding more smart remotes for various purposes to make routine work easy than before. Cities house an almost substantial share of India's present population and generate a major share of the country's GDP, as per a census conducted in 2011. By 2030, urban regions are predicted to use smart remotes within a significant amount of India's population and generate a large share of the country's GDP. It necessitates the creation of a complete physical, institutional, social, and economic infrastructure.
All of such factors contribute to increasing the quality of life and bringing people and investment, thereby initiating a virtuous cycle of growth and development. Smart Remote development is a step in the right process. The Smart Remotes projects are fresh and novel projects by the Indian top corporate firms to accelerate economic growth and improve people's standard of life by facilitating development and leveraging technology to produce smart outcomes for inhabitants. Therefore, because of the increase in technology-driven people in the regional smart remote market is likely to propel in the coming years.
The China market dominated the Asia Pacific Smart Remote Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $458.6 million by 2028. The Japan market is anticipated to grow at a CAGR of 8.3% during (2022 - 2028). Additionally, The India market would showcase a CAGR of 9.7% during (2022 - 2028).
Based on Application, the market is segmented into Smart TV and Others. Based on Distribution Channel, the market is segmented into Offline and Online. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Smart Remote Market is Projected to reach USD 3.9 Billion by 2028, at a CAGR of 8.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Crestron Electronics, Inc., Universal Electronics Inc., LG Electronics, Inc., Toshiba Corporation, Samsung Electronics Co., Ltd., Koninklijke Philips N.V., Sony Corporation, Haier Smart Home Co., Ltd., Logitech International S.A., and Bose Corporation.
Scope of the Study
Market Segments Covered in the Report:
By Application
By Distribution Channel
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Crestron Electronics, Inc.
- Universal Electronics Inc.
- LG Electronics, Inc.
- Toshiba Corporation
- Samsung Electronics Co., Ltd.
- Koninklijke Philips N.V.
- Sony Corporation
- Haier Smart Home Co., Ltd.
- Logitech International S.A.
- Bose Corporation
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Smart Remote Market, by Application
1.4.2 Asia Pacific Smart Remote Market, by Distribution Channel
1.4.3 Asia Pacific Smart Remote Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Asia Pacific Smart Remote Market by Application
3.1 Asia Pacific Smart TV Market by Country
3.2 Asia Pacific Others Market by Country
Chapter 4. Asia Pacific Smart Remote Market by Distribution Channel
4.1 Asia Pacific Offline Market by Country
4.2 Asia Pacific Online Market by Country
Chapter 5. Asia Pacific Smart Remote Market by Country
5.1 China Smart Remote Market
5.1.1 China Smart Remote Market by Application
5.1.2 China Smart Remote Market by Distribution Channel
5.2 Japan Smart Remote Market
5.2.1 Japan Smart Remote Market by Application
5.2.2 Japan Smart Remote Market by Distribution Channel
5.3 India Smart Remote Market
5.3.1 India Smart Remote Market by Application
5.3.2 India Smart Remote Market by Distribution Channel
5.4 South Korea Smart Remote Market
5.4.1 South Korea Smart Remote Market by Application
5.4.2 South Korea Smart Remote Market by Distribution Channel
5.5 Singapore Smart Remote Market
5.5.1 Singapore Smart Remote Market by Application
5.5.2 Singapore Smart Remote Market by Distribution Channel
5.6 Malaysia Smart Remote Market
5.6.1 Malaysia Smart Remote Market by Application
5.6.2 Malaysia Smart Remote Market by Distribution Channel
5.7 Rest of Asia Pacific Smart Remote Market
5.7.1 Rest of Asia Pacific Smart Remote Market by Application
5.7.2 Rest of Asia Pacific Smart Remote Market by Distribution Channel
Chapter 6. Company Profiles
6.1 Crestron Electronics, Inc.
6.1.1 Company Overview
6.2 Universal Electronics, Inc.
6.2.1 Company Overview
6.2.2 Financial Analysis
6.2.3 Regional Analysis
6.2.4 Research & Development Expense
6.3 LG Electronics, Inc. (LG Corporation)
6.3.1 Company Overview
6.3.2 Financial Analysis
6.3.3 Regional & Segmental Analysis
6.3.4 Research & Development Expenses
6.3.5 Recent Strategies and Developments
6.3.5.1 Product Launches and Product Expansions:
6.4 Toshiba Corporation
6.4.1 Company Overview
6.4.2 Financial Analysis
6.4.3 Segmental and Regional Analysis
6.4.4 Research and Development Expense
6.4.5 Recent Strategies and Developments
6.4.5.1 Product Launches and Product Expansions:
6.5 Samsung Electronics Co., Ltd. (Samsung Group)
6.5.1 Company Overview
6.5.2 Financial Analysis
6.5.3 Segmental and Regional Analysis
6.5.4 Research & Development Expense
6.5.5 Recent Strategies and Developments
6.5.5.1 Partnerships, Collaborations and Agreements:
6.5.5.2 Product Launches and Product Expansions:
6.5.6 SWOT Analysis
6.6 Koninklijke Philips N.V.
6.6.1 Company Overview
6.6.2 Financial Analysis
6.6.3 Segmental and Regional Analysis
6.6.4 Research & Development Expense
6.7 Sony Corporation
6.7.1 Company Overview
6.7.2 Financial Analysis
6.7.3 Source: Company Publication & Secondary Research
6.7.4 Segmental and Regional Analysis
6.7.5 Research & Development Expenses
6.8 Haier Smart Home Co., Ltd. (Haier Group Corporation)
6.8.1 Company Overview
6.8.2 Financial Analysis
6.8.3 Segmental and Regional Analysis
6.8.4 Research & Development Expense
6.9 Logitech International S.A.
6.9.1 Company Overview
6.9.2 Financial Analysis
6.9.3 Regional Analysis
6.9.4 Research & Development Expenses
6.9.5 Recent Strategies and Developments
6.9.5.1 Product Launches and Product Expansions:
6.10. Bose Corporation
6.10.1 Company Overview
TABLE 1 Asia Pacific Smart Remote Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific Smart Remote Market, 2022 - 2028, USD Million
TABLE 3 Asia Pacific Smart Remote Market by Application, 2018 - 2021, USD Million
TABLE 4 Asia Pacific Smart Remote Market by Application, 2022 - 2028, USD Million
TABLE 5 Asia Pacific Smart TV Market by Country, 2018 - 2021, USD Million
TABLE 6 Asia Pacific Smart TV Market by Country, 2022 - 2028, USD Million
TABLE 7 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 8 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 9 Asia Pacific Smart Remote Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 10 Asia Pacific Smart Remote Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 11 Asia Pacific Offline Market by Country, 2018 - 2021, USD Million
TABLE 12 Asia Pacific Offline Market by Country, 2022 - 2028, USD Million
TABLE 13 Asia Pacific Online Market by Country, 2018 - 2021, USD Million
TABLE 14 Asia Pacific Online Market by Country, 2022 - 2028, USD Million
TABLE 15 Asia Pacific Smart Remote Market by Country, 2018 - 2021, USD Million
TABLE 16 Asia Pacific Smart Remote Market by Country, 2022 - 2028, USD Million
TABLE 17 China Smart Remote Market, 2018 - 2021, USD Million
TABLE 18 China Smart Remote Market, 2022 - 2028, USD Million
TABLE 19 China Smart Remote Market by Application, 2018 - 2021, USD Million
TABLE 20 China Smart Remote Market by Application, 2022 - 2028, USD Million
TABLE 21 China Smart Remote Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 22 China Smart Remote Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 23 Japan Smart Remote Market, 2018 - 2021, USD Million
TABLE 24 Japan Smart Remote Market, 2022 - 2028, USD Million
TABLE 25 Japan Smart Remote Market by Application, 2018 - 2021, USD Million
TABLE 26 Japan Smart Remote Market by Application, 2022 - 2028, USD Million
TABLE 27 Japan Smart Remote Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 28 Japan Smart Remote Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 29 India Smart Remote Market, 2018 - 2021, USD Million
TABLE 30 India Smart Remote Market, 2022 - 2028, USD Million
TABLE 31 India Smart Remote Market by Application, 2018 - 2021, USD Million
TABLE 32 India Smart Remote Market by Application, 2022 - 2028, USD Million
TABLE 33 India Smart Remote Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 34 India Smart Remote Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 35 South Korea Smart Remote Market, 2018 - 2021, USD Million
TABLE 36 South Korea Smart Remote Market, 2022 - 2028, USD Million
TABLE 37 South Korea Smart Remote Market by Application, 2018 - 2021, USD Million
TABLE 38 South Korea Smart Remote Market by Application, 2022 - 2028, USD Million
TABLE 39 South Korea Smart Remote Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 40 South Korea Smart Remote Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 41 Singapore Smart Remote Market, 2018 - 2021, USD Million
TABLE 42 Singapore Smart Remote Market, 2022 - 2028, USD Million
TABLE 43 Singapore Smart Remote Market by Application, 2018 - 2021, USD Million
TABLE 44 Singapore Smart Remote Market by Application, 2022 - 2028, USD Million
TABLE 45 Singapore Smart Remote Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 46 Singapore Smart Remote Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 47 Malaysia Smart Remote Market, 2018 - 2021, USD Million
TABLE 48 Malaysia Smart Remote Market, 2022 - 2028, USD Million
TABLE 49 Malaysia Smart Remote Market by Application, 2018 - 2021, USD Million
TABLE 50 Malaysia Smart Remote Market by Application, 2022 - 2028, USD Million
TABLE 51 Malaysia Smart Remote Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 52 Malaysia Smart Remote Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 53 Rest of Asia Pacific Smart Remote Market, 2018 - 2021, USD Million
TABLE 54 Rest of Asia Pacific Smart Remote Market, 2022 - 2028, USD Million
TABLE 55 Rest of Asia Pacific Smart Remote Market by Application, 2018 - 2021, USD Million
TABLE 56 Rest of Asia Pacific Smart Remote Market by Application, 2022 - 2028, USD Million
TABLE 57 Rest of Asia Pacific Smart Remote Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 58 Rest of Asia Pacific Smart Remote Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 59 KEY INFORMATION – Crestron Electronics, Inc.
TABLE 60 Key Information – Universal Electronics Inc.
TABLE 61 Key information – LG Electronics, Inc.
TABLE 62 Key Information – Toshiba Corporation
TABLE 63 Key Information – Samsung Electronics Co., Ltd.
TABLE 64 Key Information – Koninklijke Philips N.V.
TABLE 65 Key Information – Sony Corporation
TABLE 66 key information –Haier Smart Home Co., Ltd.
TABLE 67 Key Information – Logitech International S.A.
TABLE 68 key Information – Bose Corporation
List of Figures
FIG 1 Methodology for the research
FIG 2 SWOT Analysis: Samsung Electronics CO. Ltd.