[February 02, 2016]

Global Remote Market Growth at 2.9% (2016-2020) - Key Vendors are Logitech, Philips, Remote Solutions & Universal Electronics - Research and Markets

Research and Markets (http://www.researchandmarkets.com/research/92nspr/global_remote) has announced the addition of the "Global Remote Market 2016-2020" report to their offering.

The report forecasts that the global remote market will grow at a CAGR of 2.9% during the period 2016-2020.

IR remotes dominate the market for most consumer electronic devices. Market vendors are increasingly investing in R&D. Some of the major technologies that have emerged for remotes include RF, ZigBee (News - Alert) RF4CE, Bluetooth, and Wi-Fi. Of these emerging technologies, RF is gaining more popularity with smart TV and gaming console manufacturers.

According to the report, one of the major drivers of the market is rising sales of smart TVs. Smart TVs are becoming more popular with their enhanced features. As demand for remotes increases from OEM, this will also have an impact on aftermarket sales as the lifecyce of smart TV remotes is shorter than those available with the purchase of consumer electronic devices.

Further, the report states that universal remotes are gaining more importance because of their enhanced capabilities and functionalities. Universal remotes can be used for many consumer electronic devices and are multi-functional in nature, eliminating the need for remotes for each device. This presents a potential challenge for the vendors and the market at large.

Key vendors:

• Logitech
• Philips (News - Alert)
• Remote Solutions
• Universal Electronics
  

Other prominent vendors:

• BesCon Electronics
• Crestron Electronics
• Ruwido
• SMK Electronics
• Universal Remote Control.
  

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Market research methodology

PART 04: Introduction

PART 05: Industry overview

PART 06: Technology landscape

PART 07: Future outlook

PART 08: Market landscape

PART 09: Market segmentation by application

PART 10: Market segmentation by technology

PART 11: Market segmentation by type of sales

PART 12: Geographical segmentation

PART 13: Impact of drivers

PART 14: Impact of drivers and challenges

PART 15: Vendor landscape

PART 16: Key vendor analysis

For more information visit http://www.researchandmarkets.com/research/92nspr/global_remote

View source version on businesswire.com: http://www.businesswire.com/news/home/20160202005765/en/

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