Market Overview:
The global infrared remote control market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for infrared remote controls in various applications such as crane, railway, ocean, agricultural and others. Additionally, the growing demand for smart homes and increasing adoption of IoT are also contributing to the growth of this market. However, factors such as high installation cost and lack of standardization may restrain the growth of this market during the forecast period.
Product Definition:
An infrared remote control is a device used to operate electronic equipment, appliances, and other devices by means of invisible radiation in the infrared range. Infrared remotes use an infrared transmitter to send coded signals to an infrared receiver. The transmitter and receiver communicate with one another by line-of-sight; that is, they must be within direct view of each other. Because line-of-sight communication is necessary, the range of an IR remote control is limited—usually only a few meters.
Short Range:
Short range is the part of infrared remote control which can send signals up to 8 meters. Infrared remote controls are widely used for home appliances such as television, DVD player, air conditioner and others. Short range IR devices are expected to grow at a CAGR of XX% in the next six years owing to its increasing usage in consumer electronics products.
Long Range:
Long range infrared (LROIR) remote control is a wireless technology used to operate consumer electronics devices from distances of up to 10 meters. LROIR works on the principle of detecting the presence, position and motion of objects using infrared radiation. The technology is gaining popularity owing to its ability to operate devices wirelessly and hence provides ease in operating consumer electronic products such as television, DVD player, air conditioner etc.
Application Insights:
The crane application segment accounted for the largest revenue share of over 30.0% in 2017 and is projected to witness significant growth during the forecast period. The remote-controlled machine tool, which includes a motor, driveshaft, and transmission system installed on a tower or structure can be controlled by an operator using an infrared signal from up to about 20 meters away. Infrared signals are used for controlling various machines such as drilling rigs, cement mills etc., thereby making them autonomous without human intervention at a control station.
The railway application segment is expected to exhibit the fastest growth rate during the forecast period with CAGR 5.9%.
Regional Analysis:
Asia Pacific dominated the global industry in 2017 and is expected to continue its dominance over the forecast period. Infrastructural growth in emerging economies, coupled with rising disposable income of consumers, has led to an increase in investments for industrial facilities such as manufacturing units and production plants. This has resulted in a rise in demand for various types of machinery including remote control equipment from several industries across Asia Pacific region.
The market is also driven by increasing adoption of infrastructural development projects such as railways and ocean liners that require installation of advanced technologies including IR remote controls on board vehicles or ships respectively. Moreover, growing use at airports for aircraft maintenance activities is further anticipated to propel regional growth over the next eight years.
Growth Factors:
- Increasing demand for infrared remote control in consumer electronics
- Rising demand from the automotive sector
- Growing popularity of infrared remote control systems in industrial and commercial applications
- Proliferation of smart homes and connected devices
- Advances in infrared technology
Scope Of The Report
Report Attributes
Report Details
Report Title
Infrared Remote Control Market Research Report
By Type
Short Range, Long Range
By Application
Crane, Railway, Ocean, Agricultural, Other
By Companies
A. u. K. Muller, BIRCHER REGLOMAT, Demag - A Terex Brand, DewertOkin GmbH - OKIN Brand, FSL Electronics, SIEMENS Building Technologies, SINDITO - ITOWA, Submit, A. u. K. Muller
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
210
Number of Tables & Figures
147
Customization Available
Yes, the report can be customized as per your need.
Global Infrared Remote Control Market Report Segments:
The global Infrared Remote Control market is segmented on the basis of:
Types
Short Range, Long Range
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
Crane, Railway, Ocean, Agricultural, Other
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:
- A. u. K. Muller
- BIRCHER REGLOMAT
- Demag - A Terex Brand
- DewertOkin GmbH - OKIN Brand
- FSL Electronics
- SIEMENS Building Technologies
- SINDITO - ITOWA
- Submit
- A. u. K. Muller
Highlights of The Infrared Remote Control Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Short Range
- Long Range
- By Application:
- Crane
- Railway
- Ocean
- Agricultural
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Infrared Remote Control 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Infrared remote control is a type of remote control that uses infrared radiation to communicate with devices. Infrared remote controls are often used to operate televisions, DVD players, and other electronic equipment.
Some of the key players operating in the infrared remote control market are A. u. K. Muller, BIRCHER REGLOMAT, Demag - A Terex Brand, DewertOkin GmbH - OKIN Brand, FSL Electronics, SIEMENS Building Technologies, SINDITO - ITOWA, Submit, A. u. K. Muller.
The infrared remote control market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Infrared Remote Control 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 Infrared Remote Control Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Infrared Remote Control 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 Infrared Remote Control 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 Infrared Remote Control Market Size & Forecast, 2020-2028
4.5.1 Infrared Remote Control Market Size and Y-o-Y Growth
4.5.2 Infrared Remote Control Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Short Range
5.2.2 Long Range
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Crane
6.2.2 Railway
6.2.3 Ocean
6.2.4 Agricultural
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Infrared Remote Control 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 Infrared Remote Control 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Short Range
9.6.2 Long Range
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 Market Size Forecast by Applications
9.10.1 Crane
9.10.2 Railway
9.10.3 Ocean
9.10.4 Agricultural
9.10.5 Other
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Short Range
10.6.2 Long Range
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 Market Size Forecast by Applications
10.10.1 Crane
10.10.2 Railway
10.10.3 Ocean
10.10.4 Agricultural
10.10.5 Other
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Short Range
11.6.2 Long Range
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 Market Size Forecast by Applications
11.10.1 Crane
11.10.2 Railway
11.10.3 Ocean
11.10.4 Agricultural
11.10.5 Other
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Short Range
12.6.2 Long Range
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 Market Size Forecast by Applications
12.10.1 Crane
12.10.2 Railway
12.10.3 Ocean
12.10.4 Agricultural
12.10.5 Other
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Short Range
13.6.2 Long Range
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) Market Size Forecast by Applications
13.10.1 Crane
13.10.2 Railway
13.10.3 Ocean
13.10.4 Agricultural
13.10.5 Other
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 Infrared Remote Control Market: Competitive Dashboard
14.2 Global Infrared Remote Control Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 A. u. K. Muller
14.3.2 BIRCHER REGLOMAT
14.3.3 Demag - A Terex Brand
14.3.4 DewertOkin GmbH - OKIN Brand
14.3.5 FSL Electronics
14.3.6 SIEMENS Building Technologies
14.3.7 SINDITO - ITOWA
14.3.8 Submit
14.3.9 A. u. K. Muller
