Press release
Global Industrial Wireless Remote Control Market to Expand at a Lethargic CAGR of 2.5% during the 2018-2025 Timeline – QY Research, Inc.
Industrial Wireless Remote Control is a component of an electronics device, most commonly a mining machinery, industrial driving and concrete pump truck used for operating the device wirelessly. Remote control has continually evolved and advanced over recent years to include bluetooth connectivity, motion sensor-enabled capabilities and voice control.
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First, for industry structure analysis, the Industrial Wireless Remote Control industry is relatively concentrated. These manufacturers range from large multinational corporations to small privately owned companies compete in this industry. The top five producers account for about 45 % of the revenue market. Regionally, China is the biggest production value area of valves, also the leader in the whole Industrial Wireless Remote Control industry.
Second, the production of Industrial Wireless Remote Control increased from 350.72 K Units in 2012 to414.22 K Units in 2016 with an average growth rate of 4.18%.
Third, China occupied 40.78% of the production market in 2016. It is followed by Europe and North America, which respectively account for around 21.34% and 16.33% of the global total industry. Other countries have a smaller amount of production. Geographically, China was the largest consumption market in the world, which took about 33.55% of the global consumption volume in 2016.
The Industrial Wireless Remote Control market was valued at 370 Million US$ in 2017 and is projected to reach 450 Million US$ by 2025, at a CAGR of 2.5% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Industrial Wireless Remote Control.
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The following manufacturers are covered in this report:
HBC
Hetronic Group
Laird(Cattron Group)
OMNEX(Eaton)
Ikusi
Tele Radio
NBB
Scanreco
Autec
Green Electric
Akerstroms
Yuding
Shize
Remote Control Technology
3-ELITE PTE
ITOWA
JAY Electronique
Wicontek
Lodar
Shanghai Techwell Auto-control Technology
Yijiu
Industrial Wireless Remote Control Breakdown Data by Type
Pushbutton Type
Joystick Type
Industrial Wireless Remote Control Breakdown Data by Application
Industry & Logistics
Construction Crane
Mobile Hydraulics
Forestry
Mining
Others
Industrial Wireless Remote Control Production by Region
United States
Europe
China
Japan
Other Regions
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QY Research established in 2007, focus on custom research, management consulting, IPO consulting, industry chain research, data base and seminar services. The company owned a large basic data base (such as National Bureau of statistics database, Customs import and export database, Industry Association Database etc), expert’s resources (included energy automotive chemical medical ICT consumer goods etc.
QY Research, INC.
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Los Angeles, CA – 91748
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