Market Overview:
The global remote electronic unit market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for aircraft and spacecraft platforms, and rising demand for remote electronic units in the aftermarket. North America is expected to lead the market during the forecast period, followed by Europe and Asia Pacific.
Product Definition:
A remote electronic unit is a device that allows users to control electronic equipment from a distance. This can be helpful for tasks such as turning on lights or appliances, opening and closing garage doors, or controlling security systems. The importance of remote electronic units lies in their ability to make everyday tasks easier and more convenient for users.
Aircraft Platform:
Aircraft platform is the hardware used by OEMs and tier-1 suppliers for developing, testing, and manufacturing electronic units such as avionics software & systems, flight control system etc. It provides a stable environment to perform complicated electronic assemblies without any physical support. The platform also helps in reducing time to market and production cost of end products due to its ability to deliver complex solutions with high efficiency at low volume.
Spacecraft Platform:
The spacecraft platform is used in the remote electronic unit market. It is a device that enables two-way communication between the satellite and ground systems. The primary function of this equipment is to provide propulsion, power, thermal management, avionics control etc., to the satellite. This platform also provides telemetry and tracking functions for maintaining contact with satellites during their outbound journey as well as incoming mission at earth’s surface.
Application Insights:
The OEM segment dominated the global remote electronic unit market in 2017. The growth of this segment can be attributed to the growing demand for remotely piloted aircraft and spacecraft. Moreover, increasing use of RPUs by OEMs for providing enhanced customer experience is expected to drive the demand over the forecast period.
OEM remote control units are used in various applications including consumer electronics, automotive and transportation, industrial automation, medical equipment and appliances among others. Growing usage of these devices in smart homes is expected to drive their demand over the forecast period as they provide easy-to-use interfaces along with advanced security features that enhance user experience significantly.
Regional Analysis:
Asia Pacific is expected to emerge as the fastest-growing regional market over the forecast period. The growth can be attributed to increasing investments in developing infrastructure and rising demand for consumer electronics. Moreover, growing adoption of remote control technology across various industrial applications will drive the regional market further. Increasing use of drones for commercial purposes such as real estate, photography, and video streaming is also anticipated to propel product demand in near future.
Growth Factors:
- Increasing demand for miniaturization in electronic devices
- Growing popularity of IoT and connected devices
- Proliferation of 4G and 5G networks
- Rising demand for smart homes and buildings
- Emergence of new use cases for remote electronic units
Scope Of The Report
Report Attributes
Report Details
Report Title
Remote Electronic Unit Market Research Report
By Type
Aircraft Platform, Spacecraft Platform
By Application
OEM, Aftermarket
By Companies
Bae Systems, Thales, Liebherr, Parker Hannifin, Rockwell Collins, Curtiss-Wright, Becker Avionics, Moog, Siemens, AAC Microtec, Bae Systems, Terma, Flight Data Systems, Esterline Technologie
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
221
Number of Tables & Figures
155
Customization Available
Yes, the report can be customized as per your need.
Global Remote Electronic Unit Market Report Segments:
The global Remote Electronic Unit market is segmented on the basis of:
Types
Aircraft Platform, Spacecraft Platform
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
OEM, Aftermarket
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:
- Bae Systems
- Thales
- Liebherr
- Parker Hannifin
- Rockwell Collins
- Curtiss-Wright
- Becker Avionics
- Moog
- Siemens
- AAC Microtec
- Bae Systems
- Terma
- Flight Data Systems
- Esterline Technologie
Highlights of The Remote Electronic Unit 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:
- Aircraft Platform
- Spacecraft Platform
- By Application:
- OEM
- Aftermarket
- 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 Remote Electronic Unit 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
A Remote Electronic Unit (REU) is a device that allows scientists to control and monitor experiments remotely. REUs are often used in astronomy, particle physics, and other fields where researchers need to operate sensitive equipment from a distance.
Some of the major companies in the remote electronic unit market are Bae Systems, Thales, Liebherr, Parker Hannifin, Rockwell Collins, Curtiss-Wright, Becker Avionics, Moog, Siemens, AAC Microtec, Bae Systems, Terma, Flight Data Systems, Esterline Technologie.
The remote electronic unit market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Remote Electronic Unit 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 Remote Electronic Unit Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Remote Electronic Unit 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 Remote Electronic Unit 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 Remote Electronic Unit Market Size & Forecast, 2018-2028
4.5.1 Remote Electronic Unit Market Size and Y-o-Y Growth
4.5.2 Remote Electronic Unit Market Absolute $ Opportunity
Chapter 5 Global Remote Electronic Unit 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 Remote Electronic Unit Market Size Forecast by Type
5.2.1 Aircraft Platform
5.2.2 Spacecraft Platform
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Remote Electronic Unit 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 Remote Electronic Unit Market Size Forecast by Applications
6.2.1 OEM
6.2.2 Aftermarket
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Remote Electronic Unit 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 Remote Electronic Unit 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 Remote Electronic Unit Analysis and Forecast
9.1 Introduction
9.2 North America Remote Electronic Unit 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 Remote Electronic Unit Market Size Forecast by Type
9.6.1 Aircraft Platform
9.6.2 Spacecraft Platform
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 Remote Electronic Unit Market Size Forecast by Applications
9.10.1 OEM
9.10.2 Aftermarket
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 Remote Electronic Unit Analysis and Forecast
10.1 Introduction
10.2 Europe Remote Electronic Unit 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 Remote Electronic Unit Market Size Forecast by Type
10.6.1 Aircraft Platform
10.6.2 Spacecraft Platform
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 Remote Electronic Unit Market Size Forecast by Applications
10.10.1 OEM
10.10.2 Aftermarket
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 Remote Electronic Unit Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Remote Electronic Unit 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 Remote Electronic Unit Market Size Forecast by Type
11.6.1 Aircraft Platform
11.6.2 Spacecraft Platform
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 Remote Electronic Unit Market Size Forecast by Applications
11.10.1 OEM
11.10.2 Aftermarket
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 Remote Electronic Unit Analysis and Forecast
12.1 Introduction
12.2 Latin America Remote Electronic Unit 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 Remote Electronic Unit Market Size Forecast by Type
12.6.1 Aircraft Platform
12.6.2 Spacecraft Platform
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 Remote Electronic Unit Market Size Forecast by Applications
12.10.1 OEM
12.10.2 Aftermarket
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) Remote Electronic Unit Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Remote Electronic Unit 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) Remote Electronic Unit Market Size Forecast by Type
13.6.1 Aircraft Platform
13.6.2 Spacecraft Platform
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) Remote Electronic Unit Market Size Forecast by Applications
13.10.1 OEM
13.10.2 Aftermarket
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 Remote Electronic Unit Market: Competitive Dashboard
14.2 Global Remote Electronic Unit Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bae Systems
14.3.2 Thales
14.3.3 Liebherr
14.3.4 Parker Hannifin
14.3.5 Rockwell Collins
14.3.6 Curtiss-Wright
14.3.7 Becker Avionics
14.3.8 Moog
14.3.9 Siemens
14.3.10 AAC Microtec
14.3.11 Bae Systems
14.3.12 Terma
14.3.13 Flight Data Systems
14.3.14 Esterline Technologie
