openPR Logo
Press release

Global Universal Remote Controls Market: Emerging Economies Expected to Influence Growth until 2028 with Industry player: Advanced Media Technologies, Universal Remote Control, Logitech International S.A., VOXX Accessories Corp., GENERAL ELECTRIC, Savant

10-16-2018 12:19 PM CET | IT, New Media & Software

Press release from: Fact.MR

Global Universal Remote Controls Market: Emerging Economies

The growing adoption of smart devices is fuelling the global Universal Remote Controls Market. Universal remotes are designed to control multiple brands of one or more types of devices. Universal remote controls help operate consumer electronic devices, such as TVs, audio devices, lights, AC, gaming consoles and others. Generally, these devices are classified as low-end, mid-end and high-end universal remote controls. Low-end devices have the ability to control very few devices that are set by manufacturers. Mid-end and high-end devices allow users to program and set the number of devices to be controlled.

Request for customization of report: https://www.factmr.com/connectus/sample?flag=RC&rep_id=983

In May 1985, Phillips launched the first universal remote control device under the brand name Magnavox. In May 1987, the first programmable universal remote control was launched by CL 9, a start-up founded by Steve Wozniak. The market for has witnessed several developments in terms of technology. With continuous developments in technology, vendors are offering universal remote controls with Wi-Fi, LCD touchscreen and radio technology. Wi-Fi enabled universal remote controls are gaining momentum in the market. They enable users to bypass the cable provider to find what’s playing on TV through a Wi-Fi network. In addition, the updates of a TV program are displayed on the LCD screens of universal remote controls. LCD touchscreen devices have luminescent LCD screens that display “virtual buttons.” Radio frequency universal remote controls use radio frequency waves to control the electronic devices that are blocked by obstacles such as walls or cabinets. Universal remote controls are programmed with macros that enable the programming of several commands in one button. For instance, with the help of macro-programming, the TV as well as the satellite dish can be turned on with a single button.

Universal Remote Controls Market: Drivers and challenges

The growing trend of Do It Yourself (DIY) is driving the global market as customers can download the codes and programs of universal remote controls by themselves. Programming and installation does not require any expert assistance. Moreover, factors such as increasing smart home devices and advancements in technology are propelling the global market. Increase in the adoption of smartphones is expected to contribute significantly to the growth of the global market during the forecast period. Increase in spending on advanced technology devices is expected to have a huge impact on the growth of the global market.

However, the high cost of universal remote controls as compared to device-specific remotes is expected to hinder the growth of the global market in the emerging countries of Asia Pacific and Africa. Moreover, the threat of network hacking is likely to be another restraint for the Wi-Fi enabled universal remote controls market.

Browse full report about with TOC: https://www.factmr.com/report/983/universal-remote-controls-market

Universal Remote Controls Market: Segmentation

Segmentation based on components:

The market is segmented based on the components, i.e. hardware and software. The hardware segment is expected to hold a major market share in the global universal remote controls market during the forecast period.

Segmentation based on the type of remote:

The universal remote controls market is segmented based on the type of remote, i.e. multiband remote and learning remote. Learning remotes are expected to hold a major share of the market during the forecast period due to the feature of “macro programming.”

Segmentation based on the function:

The universal remote controls market is segmented based on the function, i.e. audio devices, video devices, gaming devices, lighting, air-conditioners and others.

Key Players

Some of the key players of the universal remote controls market are Advanced Media Technologies, Inc.; Universal Remote Control, Inc.; Logitech International S.A.; VOXX Accessories Corp.; GENERAL ELECTRIC; Savant Systems LLC; Amazon.com, Inc.; Cisco Systems, Inc. and Imagine Communications Corp.

The report covers exhaustive analysis on:

Universal Remote Controls Segments:

Market Dynamics
Historical Actual Market Size, 2013 - 2017
Market Size & Forecast 2018 to 2028
Value Chain
Market Current Trends/Issues/Challenges
Competition & Companies involved
Market Drivers and Restraints
Regional analysis for Universal Remote Controls Market includes development in the following regions:

North America Universal Remote Controls Market
US
Canada
Latin America Universal Remote Controls Market
Brazil
Mexico
Others
Western Europe Universal Remote Controls Market
Germany
France

Spain
Italy
Nordic
BENELUX
Rest of Western Europe
Eastern Europe Universal Remote Controls Market
Russia
Poland
Rest of Eastern Europe
SEA and Other APAC Universal Remote Controls Market
Australia and New Zealand (ANZ)
India
ASEAN
Rest of SEA
Japan Driver Universal Remote Controls Market
China Universal Remote Controls Market
Middle East and Africa Universal Remote Controls Market
GCC Countries
Other Middle East
North Africa
South Africa
Others
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Report Highlights:

Detailed overview of parent market
Changing market dynamics of the industry
In-depth market segmentation
Historical, current and projected market size in terms of value
Recent industry trends and developments
Competitive landscape
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth
A neutral perspective towards market performance
Must-have information for market players to sustain and enhance their market footprint
For Further Insights and Segment-Specific Information, Contact a Market Analyst at: https://www.factmr.com/connectus/sample?flag=AE&rep_id=983

About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market insights reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Contact Us
FactMR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: https://www.factmr.com/
Follow Us on Linkedin: https://www.linkedin.com/company/factmr/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Universal Remote Controls Market: Emerging Economies Expected to Influence Growth until 2028 with Industry player: Advanced Media Technologies, Universal Remote Control, Logitech International S.A., VOXX Accessories Corp., GENERAL ELECTRIC, Savant here

News-ID: 1306596 • Views:

More Releases from Fact.MR

Closed Heel Nursing Shoes Market is Estimated to Grow US$ 13.39 billion by 2034
Closed Heel Nursing Shoes Market is Estimated to Grow US$ 13.39 billion by 2034
The global closed heel nursing shoes market is expected to be worth $9.31 billion in 2024, rising to $13.39 billion by the end of 2034. Closed-heeled nursing shoes are specifically designed for healthcare personnel, mainly nurses. These shoes are distinguished by their closed-back construction, which provides extra support and protection to the heel. The enclosed heel improves stability and lowers the chance of slippage while performing strenuous tasks in medical settings. Nursing
Cloud Computing Market to Grow at 15% CAGR from 2022-2032
Cloud Computing Market to Grow at 15% CAGR from 2022-2032
The global cloud computing market is expected to be worth $1,949 billion by 2032, with a compound annual growth rate (CAGR) of 15% between 2022 and 2032. This trend is being driven by the fast digitalization of workplaces and the growing demand for Software as a Service (SaaS) solutions, which are extending the industry's prospects. The global rise of the cloud computing industry is being driven by the growing adoption of
Global Instant Coffee Market Forecasted to Reach $69.2 Billion by 2033
03-28-2024 | Food & Beverage
Fact.MR
Global Instant Coffee Market Forecasted to Reach $69.2 Billion by 2033
The global instant coffee market is expected to grow rapidly, with a compound annual growth rate (CAGR) of 5% between 2023 and 2033. According to Fact.MR, a prominent provider of market research and competitive information, global demand for instant coffee is predicted to increase, reaching US$ 69.2 billion by the end of 2033. Instant coffee is a quick and practical alternative, requiring just the addition of an instant coffee sachet to
Ice Skating Equipment Market worth is poised to reach US$ 1478 Billion in 2033
03-28-2024 | Sports
Fact.MR
Ice Skating Equipment Market worth is poised to reach US$ 1478 Billion in 2033
The global ice skating equipment market garnered a market value of US$ 6.87 Billion in 2022 and is expected to accumulate a market value of US$ 16.26 Billion by registering a CAGR of 9% in the forecast period 2023-2033. Ice skating is a popular activity observed in numerous snow-clad regions around the world, serving various purposes including exercise, leisure, and excitement. This recreational pursuit can occur in specially prepared ice arenas

All 5 Releases


More Releases for Universal

Cigarette Market is Booming Worldwide | Universal, Universal, R.J. Reynolds
The latest update on Global Cigarette Market study provides comprehensive valuable insights on the market development activities demonstrated by industry players, growth opportunities and market sizing for Cigarette, complete with analysis by key segments, leading and emerging players, and geographies. The 157 page study covers the detailed business overview of each profiled players, its complete research and market development history with latest news and press releases. The study helps in
Global Universal Hardness Testers Market Forecast 2018-2025 Zwick, Universal Mot …
Recently added detailed market study "Global Universal Hardness Testers Market" examines the performance of the Universal Hardness Testers market 2018. It encloses an in-depth Research of the Universal Hardness Testers market state and the competitive landscape globally. This report analyzes the potential of Universal Hardness Testers market in the present and the future prospects from various angles in detail. The Global Universal Hardness Testers Market 2018 report includes Universal Hardness Testers
Universal Measurement Case Adds New Functions
Delphin Technology Offers Flexible Data Acquisition System CHESTERLAND, OH—March 23, 2016 Industrial or laboratory data acquisition often requires that measurement data be recorded at a minimum of both cost and time. With this need in mind, Delphin Technology has now extended its popular Mobile Measurement case with additional functions! This new case can now be put together as a modular system to meet specific customer and application requirements. As a customer you’ll
Universal Dataloggers for Multi-Sensor Connection
Save Money with a Single System Running Single Software CHESTERLAND, OH—February 25, 2016 Need to monitor more than one parameter (such as temperature and pressure)? CAS DataLoggers offers several lines of dataloggers equipped with universal input channels to record data from Thermocouples, Current/Voltage, 4-20mA, Strain gauges, and many other sensor types. Contrasted with single-purpose loggers, universal dataloggers greatly simplify more complex monitoring projects, saving users both time and money. Get help choosing
The New Wolfin Universal Pins
Sydney, 2 April 2012 – Projex Group introduce the Wolfin Universal Pins to the Australian waterproofing market. Wolfin Universal Pins are the solution for fastening items directly to the Wolfin Membrane without piercing the membrane itself. The pin has an 80mm diameter base plate, which is made of Wolfin membrane (with a protruding 25mm vertical threaded bar and locking nuts) and can be welded directly to any Wolfin membrane system. The Wolfin Universal
Universal Design
Universal Design offers every organization, whether a provider of services or of products, a clear understanding of the role and value of Design for All/Universal Design. It provides a model for assessing current design practices and making the changes that will make a product or service accessible to all potential customers to create a better consumer-oriented experience. Each chapter contains examples and case studies plus a set of tools to