Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Hobby Radio Control (R/C) Market by Type (12 Channel, 16 Channel, 24 Channel, 32 Channel, Other), By Application (Model Airplane, Drone) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Hobby Radio Control (R/C) Market by Type (12 Channel, 16 Channel, 24 Channel, 32 Channel, Other), By Application (Model Airplane, Drone) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 246859 4200 Consumer Goods 377 154 Pages 4.9 (44)
                                          

Market Overview:


The global hobby radio control (R/C) market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as the increasing popularity of drones and model airplanes, and technological advancements in R/C products. Based on type, the global hobby radio control (R/C) market is segmented into 12 channel, 16 channel, 24 channel, 32 channel, and other segments. The 24-channel segment is expected to grow at a higher CAGR than other segments during the forecast period. This can be attributed to its growing popularity among consumers owing to its high level of flexibility and functionality. Based on application, the global hobby radio control (RC) market is segmented into model airplane and drone applications.


Global Hobby Radio Control (R/C) Industry Outlook


Product Definition:


Radio Control (R/C) is a technology that uses radio waves to control the movement of vehicles or other devices. It is commonly used in hobbyist settings to control model airplanes, cars, boats, and other devices.


12 Channel:


12 Channel is a term used for the group of 12 radio controlled channels. It's also known as double-wide, because it uses two frequencies (6 & 6 or 9 & 9) in a single transceiver. The most common use of this technology is in model aircraft and marine applications where more than one channel can be used at the same time with different frequencies to control multiple devices such as landing gears and motors respectively.


16 Channel:


16-channel is a standard for digital control systems which can be used in R/C applications. It was developed by the 16th International Conference on Microelectronics and Smart Systems (ICMES'97) as an extension to 8-bit microcontrollers. The ICMES’97 conference was held in Brazil, July 1997.


Application Insights:


The model airplane segment held the largest share of the global market in 2017. This is attributed to an increase in demand for radio-controlled aircraft, which offer entertainment as well as promote physical fitness among children and adults. Moreover, these models are used for training purposes by military pilots and aeronautical institutes. The rising popularity of this sport has resulted in increased production of these planes across the world.


Drone or UAV is expected to be one of the fastest growing segments over the forecast period owing to its wide applications including aerial photography, film-making, mapping etcetera.


Regional Analysis:


North America dominated the global market in 2017. The U.S. is a key contributor to the regional market growth owing to increased spending on drone technology and model aircraft development across the region over the past few years, which has led to an increase in sales of hobby grade radio control equipment for such applications as well as drones and their accessories. Europe also held a significant share of global revenue generation in 2017 due to high demand for R/C models developed by companies including Estes Industries, Inc., Horizon Hobby Co., and Academy Sports + Outdoors Inc.


Growth Factors:


  • Increasing demand for hobby radio control products from the young generation.
  • The increasing popularity of drones and other unmanned aerial vehicles is driving the growth of the hobby radio control market.
  • Rising disposable income of consumers is resulting in an increase in spending on hobbies, including radio control products.
  • Proliferation of online retail channels is providing a convenient platform for consumers to purchase hobby radio control products, thereby boosting market growth.

Scope Of The Report

Report Attributes

Report Details

Report Title

Hobby Radio Control (R/C) Market Research Report

By Type

12 Channel, 16 Channel, 24 Channel, 32 Channel, Other

By Application

Model Airplane, Drone

By Companies

Futaba, JR PROPO, Spektrum, Graupner, JETI, FLYSKY, Guangzhou Walkera, Shenzhen WFLY, FrSky, Jumper

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year

2021

Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year

2030

Number of Pages

154

Number of Tables & Figures

108

Customization Available

Yes, the report can be customized as per your need.


Global Hobby Radio Control (R/C) Market Report Segments:

The global Hobby Radio Control (R/C) market is segmented on the basis of:

Types

12 Channel, 16 Channel, 24 Channel, 32 Channel, Other

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.

Applications

Model Airplane, Drone

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. Futaba
  2. JR PROPO
  3. Spektrum
  4. Graupner
  5. JETI
  6. FLYSKY
  7. Guangzhou Walkera
  8. Shenzhen WFLY
  9. FrSky
  10. Jumper

Global Hobby Radio Control (R/C) Market Overview


Highlights of The Hobby Radio Control (R/C) Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. 12 Channel
    2. 16 Channel
    3. 24 Channel
    4. 32 Channel
    5. Other
  1. By Application:

    1. Model Airplane
    2. Drone
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Hobby Radio Control (R/C) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

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Global Hobby Radio Control (R/C) Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Hobby Radio Control (R/C) is a hobby that involves operating radio-controlled aircraft.

Some of the key players operating in the hobby radio control (r/c) market are Futaba, JR PROPO, Spektrum, Graupner, JETI, FLYSKY, Guangzhou Walkera, Shenzhen WFLY, FrSky, Jumper.

The hobby radio control (r/c) market is expected to grow at a compound annual growth rate of 5.5%.

                                            
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hobby Radio Control (R/C) Market Overview    4.1 Introduction       4.1.1 Market Taxonomy       4.1.2 Market Definition       4.1.3 Macro-Economic Factors Impacting the Market Growth    4.2 Hobby Radio Control (R/C) Market Dynamics       4.2.1 Market Drivers       4.2.2 Market Restraints       4.2.3 Market Opportunity    4.3 Hobby Radio Control (R/C) Market - Supply Chain Analysis       4.3.1 List of Key Suppliers       4.3.2 List of Key Distributors       4.3.3 List of Key Consumers    4.4 Key Forces Shaping the Hobby Radio Control (R/C) Market       4.4.1 Bargaining Power of Suppliers       4.4.2 Bargaining Power of Buyers       4.4.3 Threat of Substitution       4.4.4 Threat of New Entrants       4.4.5 Competitive Rivalry    4.5 Global Hobby Radio Control (R/C) Market Size & Forecast, 2018-2028       4.5.1 Hobby Radio Control (R/C) Market Size and Y-o-Y Growth       4.5.2 Hobby Radio Control (R/C) Market Absolute $ Opportunity

Chapter 5 Global Hobby Radio Control (R/C) Market Analysis and Forecast by Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Type
      5.1.2 Basis Point Share (BPS) Analysis by Type
      5.1.3 Absolute $ Opportunity Assessment by Type
   5.2 Hobby Radio Control (R/C) Market Size Forecast by Type
      5.2.1 12 Channel
      5.2.2 16 Channel
      5.2.3 24 Channel
      5.2.4 32 Channel
      5.2.5 Other
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global Hobby Radio Control (R/C) Market Analysis and Forecast by Applications
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Applications
      6.1.2 Basis Point Share (BPS) Analysis by Applications
      6.1.3 Absolute $ Opportunity Assessment by Applications
   6.2 Hobby Radio Control (R/C) Market Size Forecast by Applications
      6.2.1 Model Airplane
      6.2.2 Drone
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Hobby Radio Control (R/C) Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Hobby Radio Control (R/C) Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact 
   8.1 Introduction 
   8.2 Current & Future Impact Analysis 
   8.3 Economic Impact Analysis 
   8.4 Government Policies 
   8.5 Investment Scenario

Chapter 9 North America Hobby Radio Control (R/C) Analysis and Forecast
   9.1 Introduction
   9.2 North America Hobby Radio Control (R/C) Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America Hobby Radio Control (R/C) Market Size Forecast by Type
      9.6.1 12 Channel
      9.6.2 16 Channel
      9.6.3 24 Channel
      9.6.4 32 Channel
      9.6.5 Other
   9.7 Basis Point Share (BPS) Analysis by Type 
   9.8 Absolute $ Opportunity Assessment by Type 
   9.9 Market Attractiveness Analysis by Type
   9.10 North America Hobby Radio Control (R/C) Market Size Forecast by Applications
      9.10.1 Model Airplane
      9.10.2 Drone
   9.11 Basis Point Share (BPS) Analysis by Applications 
   9.12 Absolute $ Opportunity Assessment by Applications 
   9.13 Market Attractiveness Analysis by Applications

Chapter 10 Europe Hobby Radio Control (R/C) Analysis and Forecast
   10.1 Introduction
   10.2 Europe Hobby Radio Control (R/C) Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe Hobby Radio Control (R/C) Market Size Forecast by Type
      10.6.1 12 Channel
      10.6.2 16 Channel
      10.6.3 24 Channel
      10.6.4 32 Channel
      10.6.5 Other
   10.7 Basis Point Share (BPS) Analysis by Type 
   10.8 Absolute $ Opportunity Assessment by Type 
   10.9 Market Attractiveness Analysis by Type
   10.10 Europe Hobby Radio Control (R/C) Market Size Forecast by Applications
      10.10.1 Model Airplane
      10.10.2 Drone
   10.11 Basis Point Share (BPS) Analysis by Applications 
   10.12 Absolute $ Opportunity Assessment by Applications 
   10.13 Market Attractiveness Analysis by Applications

Chapter 11 Asia Pacific Hobby Radio Control (R/C) Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Hobby Radio Control (R/C) Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific Hobby Radio Control (R/C) Market Size Forecast by Type
      11.6.1 12 Channel
      11.6.2 16 Channel
      11.6.3 24 Channel
      11.6.4 32 Channel
      11.6.5 Other
   11.7 Basis Point Share (BPS) Analysis by Type 
   11.8 Absolute $ Opportunity Assessment by Type 
   11.9 Market Attractiveness Analysis by Type
   11.10 Asia Pacific Hobby Radio Control (R/C) Market Size Forecast by Applications
      11.10.1 Model Airplane
      11.10.2 Drone
   11.11 Basis Point Share (BPS) Analysis by Applications 
   11.12 Absolute $ Opportunity Assessment by Applications 
   11.13 Market Attractiveness Analysis by Applications

Chapter 12 Latin America Hobby Radio Control (R/C) Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Hobby Radio Control (R/C) Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America Hobby Radio Control (R/C) Market Size Forecast by Type
      12.6.1 12 Channel
      12.6.2 16 Channel
      12.6.3 24 Channel
      12.6.4 32 Channel
      12.6.5 Other
   12.7 Basis Point Share (BPS) Analysis by Type 
   12.8 Absolute $ Opportunity Assessment by Type 
   12.9 Market Attractiveness Analysis by Type
   12.10 Latin America Hobby Radio Control (R/C) Market Size Forecast by Applications
      12.10.1 Model Airplane
      12.10.2 Drone
   12.11 Basis Point Share (BPS) Analysis by Applications 
   12.12 Absolute $ Opportunity Assessment by Applications 
   12.13 Market Attractiveness Analysis by Applications

Chapter 13 Middle East & Africa (MEA) Hobby Radio Control (R/C) Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Hobby Radio Control (R/C) Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA) Hobby Radio Control (R/C) Market Size Forecast by Type
      13.6.1 12 Channel
      13.6.2 16 Channel
      13.6.3 24 Channel
      13.6.4 32 Channel
      13.6.5 Other
   13.7 Basis Point Share (BPS) Analysis by Type 
   13.8 Absolute $ Opportunity Assessment by Type 
   13.9 Market Attractiveness Analysis by Type
   13.10 Middle East & Africa (MEA) Hobby Radio Control (R/C) Market Size Forecast by Applications
      13.10.1 Model Airplane
      13.10.2 Drone
   13.11 Basis Point Share (BPS) Analysis by Applications 
   13.12 Absolute $ Opportunity Assessment by Applications 
   13.13 Market Attractiveness Analysis by Applications

Chapter 14 Competition Landscape 
   14.1 Hobby Radio Control (R/C) Market: Competitive Dashboard
   14.2 Global Hobby Radio Control (R/C) Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Futaba
      14.3.2 JR PROPO
      14.3.3 Spektrum
      14.3.4 Graupner
      14.3.5 JETI
      14.3.6 FLYSKY
      14.3.7 Guangzhou Walkera
      14.3.8 Shenzhen WFLY
      14.3.9 FrSky
      14.3.10 Jumper

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