Global Remote Market 2016-2020

Feb 01, 2016, 17:17 ET from Reportlinker

NEW YORK, Feb. 1, 2016 /PRNewswire/ --

About Remote

Remotes/remote controls are devices used to wirelessly operate electronic gadgets such as TVs (including smart TVs), set-top boxes, and gaming consoles from a short line-of-sight distance. Users typically use a remote to adjust various settings such as tracking number and volume. There are two popular types of remote controls mostly used by customers: IR remotes and RF remotes.

IR remotes are the most common type of remotes used by customers globally, while RF is emerging as an effective remote technology. IR remotes control the functions of electronic gadgets by sending pulses of infrared light to a device with carrier frequency of around 38 kHz. RF remotes use radio waves in much the same way. These remotes do not require line of sight, which makes them easier to use.

Technavio's analysts forecast the global remote market to grow at a CAGR of 2.9% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global remote market for the period 2015-2020. To calculate the market size, the report covers the sales (including OEM and aftermarket sales) of remotes, including standard remotes and motion-controlled remotes worldwide for TVs, STBs, and gaming consoles.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

Technavio's report, Global Remote Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Logitech
- Philips
- Remote Solutions
- Universal Electronics

Other prominent vendors
- BesCon Electronics
- Crestron Electronics
- Ruwido
- SMK Electronics
- Universal Remote Control.

Market driver
- Rising sales of smart TVs
- For a full, detailed list, view our report

Market challenge
- Increased use of universal remotes
- For a full, detailed list, view our report

Market trend
- Growing remote control technologies
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Read the full report: http://www.reportlinker.com/p03273538-summary/view-report.html

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