Market Overview:
The global joy-sticks radio remote control equipment industry market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for joy-sticks radio remote control equipment in various applications, such as industry & logistics, construction crane, mobile hydraulics, forestry, mining and others. Additionally, the growing demand for Li-ion battery operated joy-sticks radio remote control equipment is also contributing to the growth of this market.
Product Definition:
A joystick is an input device consisting of a stick that pivots on a base and reports its angle to the device it is controlling. A joystick, also known as the control column, is the primary control device in video gaming. It has been present in many different kinds of vehicles, including tanks, airplanes and spacecraft.
Li-ion Battery:
A lithium-ion battery is an electrochemical device used in a variety of applications such as consumer electronic products, electric vehicles, power tools and medical equipment. It offers several benefits over traditional batteries including high energy density, lightweight and the ability to be charged rapidly. The growing demand for consumer electronics coupled with rising environmental concerns regarding carbon emissions from conventional sources has led to increased usage of eco-friendly rechargeable batteries which in turn is expected to drive market growth over the forecast period.
NiMH Battery:
NiMH battery is a rechargeable battery which has the ability to be recharged up to 500 times. It works on the principle of chemical reactions between positive and negative electrode. NiMH batteries are lightweight, durable, and have a longer shelf life as compared to other conventional batteries such as Li-ion or NiCd. These features make it favorable among manufacturers of electronic devices such as mobile phones & laptops where small size & weight is important factor along with long shelf life & high durability.
Application Insights:
The industry is segmented by application into industry & logistics, construction crane, mobile hydraulics, forestry, mining and others. The other applications include transportation and agriculture. In 2017, the industry was dominated by the construction crane segment with a share of over 40%. This is due to high demand for joy-sticks in this sector as it requires frequent replacement of batteries during operations.
Construction equipment such as loaders and excavators are widely used across various industries owing to their ability to carry heavy loads at a faster pace. These machines have an on-board computer system that controls all movement activities including forward/backward movement along with raising or lowering the arm or boom portion of the machine according to requirements.
Regional Analysis:
Asia Pacific is expected to be the largest market for joy-sticks radio remote control equipment, owing to increasing demand from various end-use industries such as construction, mobile hydraulics and others. The region accounted for a share of over 40% in 2017 and is anticipated to register the fastest growth rate during the forecast period. This can be attributed to rising investments by players operating in this industry along with technological advancements that have made it easier for users to operate these devices.
The Middle East & Africa are also likely to witness significant growth over the coming years owing high population density.
North America Joystick RC Equipment Market Share By Country (U.S.
Growth Factors:
- Increasing demand for Joy-Sticks Radio Remote Control Equipment from the entertainment and gaming industry.
- Growing popularity of drones and other radio-controlled devices in both personal and commercial applications.
- Advances in technology that have made Joy-Sticks Radio Remote Control Equipment smaller, lighter, and more user-friendly.
- Rising disposable income levels among consumers worldwide, which has led to an increase in spending on leisure activities such as toy purchases.
Scope Of The Report
Report Attributes
Report Details
Report Title
Joy-Sticks Radio Remote Control Equipment Industry Market Research Report
By Type
Li-ion Battery, NiMH Battery
By Application
Industry & Logistics, Construction Crane, Mobile Hydraulics, Forestry, Mining, Others
By Companies
HBC, Hetronic Group, Cattron Group, Autec, NBB, Akerstroms, OMNEX(Eaton), Ikusi, Tele Radio, JAY Electronique, Remote Control Technology, ITOWA, Scanreco, Lodar, Yuding, Shanghai Techwell Auto-Control Technology, Shize, Green Electric, Yijiu, Wicontek, 3-ELITE PTE
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
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Joy-Sticks Radio Remote Control Equipment Industry Market Report Segments:
The global Joy-Sticks Radio Remote Control Equipment Industry market is segmented on the basis of:
Types
Li-ion Battery, NiMH Battery
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
Industry & Logistics, Construction Crane, Mobile Hydraulics, Forestry, Mining, Others
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:
- HBC
- Hetronic Group
- Cattron Group
- Autec
- NBB
- Akerstroms
- OMNEX(Eaton)
- Ikusi
- Tele Radio
- JAY Electronique
- Remote Control Technology
- ITOWA
- Scanreco
- Lodar
- Yuding
- Shanghai Techwell Auto-Control Technology
- Shize
- Green Electric
- Yijiu
- Wicontek
- 3-ELITE PTE
Highlights of The Joy-Sticks Radio Remote Control Equipment Industry 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:
- Li-ion Battery
- NiMH Battery
- By Application:
- Industry & Logistics
- Construction Crane
- Mobile Hydraulics
- Forestry
- Mining
- Others
- 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 Joy-Sticks Radio Remote Control Equipment Industry 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?
The joy-sticks radio remote control equipment industry is a $2.5 billion global market that employs over 100,000 people. The industry is composed of two main segments: consumer electronics and home entertainment systems. Consumer electronics manufacturers produce joy-sticks for use in televisions, video game consoles, and other electronic devices. Home entertainment system manufacturers produce joy-stick controllers for use in home theaters and other audio/video applications.
Some of the key players operating in the joy-sticks radio remote control equipment industry market are HBC, Hetronic Group, Cattron Group, Autec, NBB, Akerstroms, OMNEX(Eaton), Ikusi, Tele Radio, JAY Electronique, Remote Control Technology, ITOWA, Scanreco, Lodar, Yuding, Shanghai Techwell Auto-Control Technology, Shize, Green Electric, Yijiu, Wicontek, 3-ELITE PTE.
The joy-sticks radio remote control equipment industry market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Joy-Sticks Radio Remote Control Equipment Industry Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Joy-Sticks Radio Remote Control Equipment Industry Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Joy-Sticks Radio Remote Control Equipment Industry Market - Supply Chain
4.5. Global Joy-Sticks Radio Remote Control Equipment Industry Market Forecast
4.5.1. Joy-Sticks Radio Remote Control Equipment Industry Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Joy-Sticks Radio Remote Control Equipment Industry Market Size (000 Units) and Y-o-Y Growth
4.5.3. Joy-Sticks Radio Remote Control Equipment Industry Market Absolute $ Opportunity
5. Global Joy-Sticks Radio Remote Control Equipment Industry Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Joy-Sticks Radio Remote Control Equipment Industry Market Size and Volume Forecast by Type
5.3.1. Li-ion Battery
5.3.2. NiMH Battery
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Joy-Sticks Radio Remote Control Equipment Industry Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Joy-Sticks Radio Remote Control Equipment Industry Market Size and Volume Forecast by Application
6.3.1. Industry & Logistics
6.3.2. Construction Crane
6.3.3. Mobile Hydraulics
6.3.4. Forestry
6.3.5. Mining
6.3.6. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Joy-Sticks Radio Remote Control Equipment Industry Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Joy-Sticks Radio Remote Control Equipment Industry Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Joy-Sticks Radio Remote Control Equipment Industry Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Joy-Sticks Radio Remote Control Equipment Industry Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Joy-Sticks Radio Remote Control Equipment Industry Demand Share Forecast, 2019-2026
9. North America Joy-Sticks Radio Remote Control Equipment Industry Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Joy-Sticks Radio Remote Control Equipment Industry Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Joy-Sticks Radio Remote Control Equipment Industry Market Size and Volume Forecast by Application
9.4.1. Industry & Logistics
9.4.2. Construction Crane
9.4.3. Mobile Hydraulics
9.4.4. Forestry
9.4.5. Mining
9.4.6. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Joy-Sticks Radio Remote Control Equipment Industry Market Size and Volume Forecast by Type
9.7.1. Li-ion Battery
9.7.2. NiMH Battery
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Joy-Sticks Radio Remote Control Equipment Industry Demand Share Forecast, 2019-2026
10. Latin America Joy-Sticks Radio Remote Control Equipment Industry Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Joy-Sticks Radio Remote Control Equipment Industry Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Joy-Sticks Radio Remote Control Equipment Industry Market Size and Volume Forecast by Application
10.4.1. Industry & Logistics
10.4.2. Construction Crane
10.4.3. Mobile Hydraulics
10.4.4. Forestry
10.4.5. Mining
10.4.6. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Joy-Sticks Radio Remote Control Equipment Industry Market Size and Volume Forecast by Type
10.7.1. Li-ion Battery
10.7.2. NiMH Battery
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Joy-Sticks Radio Remote Control Equipment Industry Demand Share Forecast, 2019-2026
11. Europe Joy-Sticks Radio Remote Control Equipment Industry Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Joy-Sticks Radio Remote Control Equipment Industry Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Joy-Sticks Radio Remote Control Equipment Industry Market Size and Volume Forecast by Application
11.4.1. Industry & Logistics
11.4.2. Construction Crane
11.4.3. Mobile Hydraulics
11.4.4. Forestry
11.4.5. Mining
11.4.6. Others
11.5. Basis Point Share (BPS) Analysis by Appication
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Joy-Sticks Radio Remote Control Equipment Industry Market Size and Volume Forecast by Type
11.7.1. Li-ion Battery
11.7.2. NiMH Battery
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Joy-Sticks Radio Remote Control Equipment Industry Demand Share, 2019-2026
12. Asia Pacific Joy-Sticks Radio Remote Control Equipment Industry Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Joy-Sticks Radio Remote Control Equipment Industry Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Joy-Sticks Radio Remote Control Equipment Industry Market Size and Volume Forecast by Application
12.4.1. Industry & Logistics
12.4.2. Construction Crane
12.4.3. Mobile Hydraulics
12.4.4. Forestry
12.4.5. Mining
12.4.6. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Joy-Sticks Radio Remote Control Equipment Industry Market Size and Volume Forecast by Type
12.7.1. Li-ion Battery
12.7.2. NiMH Battery
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Joy-Sticks Radio Remote Control Equipment Industry Demand Share, 2019-2026
13. Middle East & Africa Joy-Sticks Radio Remote Control Equipment Industry Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Joy-Sticks Radio Remote Control Equipment Industry Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Joy-Sticks Radio Remote Control Equipment Industry Market Size and Volume Forecast by Application
13.4.1. Industry & Logistics
13.4.2. Construction Crane
13.4.3. Mobile Hydraulics
13.4.4. Forestry
13.4.5. Mining
13.4.6. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Joy-Sticks Radio Remote Control Equipment Industry Market Size and Volume Forecast by Type
13.7.1. Li-ion Battery
13.7.2. NiMH Battery
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Joy-Sticks Radio Remote Control Equipment Industry Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Joy-Sticks Radio Remote Control Equipment Industry Market: Market Share Analysis
14.2. Joy-Sticks Radio Remote Control Equipment Industry Distributors and Customers
14.3. Joy-Sticks Radio Remote Control Equipment Industry Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. HBC
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Hetronic Group
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Cattron Group
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Autec
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. NBB
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Akerstroms
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. OMNEX(Eaton)
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Ikusi
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Tele Radio
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. JAY Electronique
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Remote Control Technology
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. ITOWA
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Scanreco
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Lodar
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Yuding
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Shanghai Techwell Auto-Control Technology
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Shize
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Green Electric
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Yijiu
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Wicontek
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
