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Global Remote Control-Hobby Products Market Outlook 2031

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    Report

  • 189 Pages
  • September 2022
  • Region: Global
  • Research Nester Pvt. Ltd
  • ID: 5665059
The global remote control products-hobby market is anticipated to grow at a CAGR of 2.81% over the forecast period. Market growth is on the account of rising millennial population, rising keenness in photography and increased popularity of drones among various sectors. Market generated a revenue of around USD 6,000 Million at the end of 2021 and is likely to produce revenue worth of nearly USD 8,000 Million by the end of 2031.

The global remote control products-hobby market is segmented by product, into RC car, RC plane, RC truck, RC helicopter, RC drone, RC bike, and others. RC car segment is anticipated to garner the highest revenue of nearly USD 2,800 million by the end of 2031. It was valued at about USD 2,100 million in 2021. RC car segment is to grow at a rate of 2.73% CAGR over the forecast period.

On the basis of region, the global remote control products-hobby market is segmented into North America, Europe, Latin America, Asia-Pacific and Middle-east and Africa. The market in North America collected the highest revenue of approximately USD 2,500 million in 2021. By the end of 2031, it is estimated to garner a revenue of nearly USD 3200 million, by growing at the CAGR of 2.71% over the forecast period.

Some of the prominent industry leaders in the global remote control products-hobby market that are included in our report are Artsana S. p. A., DJI, Kyosho Corporation, Silverlit Toys Manufactory Ltd., HPI Racing A/S, World Tech Toys, Tamiya Inc., Horizon Hobby, LLC., Traxxas, Redcat Racing, and others.

Table of Contents

1. Market Definition
1.1. Market Definition
1.2. Market Segmentation
2. Assumptions and Acronyms
3. Research Methodology
3.1. Research Process
3.2. Primary Research
3.3. Secondary Research
4. Executive Summary - Global Remote Control Products-Hobby Market
5. Market Dynamics
5.1. Drivers
5.2. Challenges
5.3. Trends
5.4. Opportunities
6. Regulatory & Standards Landscape7. Industry Risk Analysis8. Pricing Analysis of Remote Control Products- Hobby9. Impact of COVID-19 on the Global Remote Control Products-Hobby Market10. Value Chain Analysis11. Analysis on Technology Outlook12. Industry Growth Outlook13. Analysis on the Global Remote Control Products-Hobby Market Distribution Channels14. Competitive Positioning
15. Competitive Landscape
15.1. Market Share Analysis, 2021
15.2. Competitive Benchmarking
15.3. Global Company Profiles
15.3.1. Redcat Racing
15.3.2. Traxxas
15.3.3. Horrizon Hobby, LLC.
15.3.4. Tamiya Inc.
15.3.5. World Tech Toys
15.3.6. HPI Racing A/S
15.3.7. Silverlit Toys Manufacturing Ltd.
15.3.8. Kyosho Corporation
15.3.9. DJI
15.3.10. Artsana S. p. A.
16. Global Remote Control Products-Hobby Market
16.1. Market Overview
16.2. Market Size (2021-2031)
16.3. Market Segmentation by:
16.3.1. Product
16.3.1.1. RC Car, 2021-2031F (USD million)
16.3.1.2. RC Plane, 2021-2031F (USD million)
16.3.1.3. RC Truck, 2021-2031F (USD million)
16.3.1.4. RC Helicopter, 2021-2031F (USD million)
16.3.1.5. RC Drone, 2021-2031F (USD million)
16.3.1.6. RC Bike, 2021-2031F (USD million)
16.3.1.7. Others, 2021-2031F (USD million)
16.3.2. Age Group
16.3.2.1. Below 18-years, 2021-2031F (USD million)
16.3.2.2. 18-34 years, 2021-2031F (USD million)
16.3.2.3. 35-54 years, 2021-2031F (USD million)
16.3.2.4. Above 54 years, 2021-2031F (USD million)
16.3.3. Power Type
16.3.3.1. Electric, 2021-2031F (USD million)
16.3.3.2. Nitro, 2021-2031F (USD million)
16.3.3.3. Gas, 2021-2031F (USD million)
16.3.3.4. Others, 2021-2031F (USD million)
16.3.4. Distribution Channel
16.3.4.1. Online, 2021-2031F (USD million)
16.3.4.1.1. Company-owned Websites, 2021-2031F (USD million)
16.3.4.1.2. E-Commerce Websites, 2021-2031F (USD million)
16.3.4.2. Offline, 2021-2031F (USD million)
16.3.4.2.1. Specialty Stores, 2021-2031F (USD million)
16.3.4.2.2. Others, 2021-2031F (USD million)
16.3.5. By Region
16.3.5.1. North America, 2021-2031F (USD million)
16.3.5.2. Europe, 2021-2031F (USD million)
16.3.5.3. Asia Pacific, 2021-2031F (USD million)
16.3.5.4. Latin America, 2021-2031F (USD million)
16.3.5.5. Middle East and Africa, 2021-2031F (USD million)
17. North America Remote Control Products-Hobby Market
17.1. Market Overview
17.2. Market Size (2021-2031)
17.3. Market Segmentation by:
17.3.1. Product
17.3.1.1. RC Car, 2021-2031F (USD million)
17.3.1.2. RC Plane, 2021-2031F (USD million)
17.3.1.3. RC Truck, 2021-2031F (USD million)
17.3.1.4. RC Helicopter, 2021-2031F (USD million)
17.3.1.5. RC Drone, 2021-2031F (USD million)
17.3.1.6. RC Bike, 2021-2031F (USD million)
17.3.1.7. Others, 2021-2031F (USD million)
17.3.2. Age Group
17.3.2.1. Below 18-years, 2021-2031F (USD million)
17.3.2.2. 18-34 years, 2021-2031F (USD million)
17.3.2.3. 35-54 years, 2021-2031F (USD million)
17.3.2.4. Above 54 years, 2021-2031F (USD million)
17.3.3. Power Type
17.3.3.1. Electric, 2021-2031F (USD million)
17.3.3.2. Nitro, 2021-2031F (USD million)
17.3.3.3. Gas, 2021-2031F (USD million)
17.3.3.4. Others, 2021-2031F (USD million)
17.3.4. Distribution Channel
17.3.4.1. Online, 2021-2031F (USD million)
17.3.4.1.1. Company-owned Websites, 2021-2031F (USD million)
17.3.4.1.2. E-Commerce Websites, 2021-2031F (USD million)
17.3.4.2. Offline, 2021-2031F (USD million)
17.3.4.2.1. Specialty Stores, 2021-2031F (USD million)
17.3.4.2.2. Others, 2021-2031F (USD million)
17.3.5. Country
17.3.5.1. US, 2021-2031F (USD million)
17.3.5.2. Canada, 2021-2031F (USD million)
18. Europe Remote Control Products-Hobby Market
18.1. Market Overview
18.2. Market Size (2021-2031)
18.3. Market Segmentation by:
18.3.1. Product
18.3.2. Age Group
18.3.3. Power Type
18.3.4. Distribution Channel
18.3.5. Country
18.3.5.1. UK, 2021-2031F (USD million)
18.3.5.2. Germany, 2021-2031F (USD million)
18.3.5.3. Italy, 2021-2031F (USD million)
18.3.5.4. France, 2021-2031F (USD million)
18.3.5.5. Spain, 2021-2031F (USD million)
18.3.5.6. Russia, 2021-2031F (USD million)
18.3.5.7. Netherland, 2021-2031F (USD million)
18.3.5.8. Rest of Europe, 2021-2031F (USD million)
19. Asia-Pacific Remote Control Products-Hobby Market
19.1. Market Overview
19.2. Market Size (2021-2031)
19.3. Market Segmentation by:
19.3.1. Product
19.3.2. Age Group
19.3.3. Power Type
19.3.4. Distribution Channel
19.3.5. Country
19.3.5.1. Australia, 2021-2031F (USD million)
19.3.5.2. China, 2021-2031F (USD million)
19.3.5.3. Japan, 2021-2031F (USD million)
19.3.5.4. India, 2021-2031F (USD million)
19.3.5.5. Singapore, 2021-2031F (USD million)
19.3.5.6. South Korea, 2021-2031F (USD million)
19.3.5.7. Rest of Asia Pacific, 2021-2031F (USD million)
20. Latin America Remote Control Products-Hobby Market
20.1. Market Overview
20.2. Market Size (2021-2031)
20.3. Market Segmentation by:
20.3.1. Product
20.3.2. Age Group
20.3.3. Power Type
20.3.4. Distribution Channel
20.3.5. Country
20.3.5.1. Brazil, 2021-2031F (USD million)
20.3.5.2. Argentina, 2021-2031F (USD million)
20.3.5.3. Mexico, 2021-2031F (USD million)
20.3.5.4. Rest of Latin America, 2021-2031F (USD million)
21. Middle East & Africa Remote Control Products- Hobby Market
21.1. Market Overview
21.2. Market Size (2021-2031)
21.3. Market Segmentation by:
21.3.1. Product
21.3.2. Age Group
21.3.3. Power Type
21.3.4. Distribution Channel
21.3.5. Country
21.3.5.1. GCC, 2021-2031F (USD million)
21.3.5.2. Israel, 2021-2031F (USD million)
21.3.5.3. South Africa, 2021-2031F (USD million)
21.3.5.4. Rest of Middle East & Africa, 2021-2031F (USD million)

Companies Mentioned

  • Artsana S. p. A.
  • DJI
  • Kyosho Corporation
  • Silverlit Toys Manufactory Ltd.
  • HPI Racing A/S
  • World Tech Toys
  • Tamiya Inc.
  • Horizon Hobby LLC.
  • Traxxas
  • Redcat Racing