Global Remote Control Apparatus Market 2024

Remote Control Apparatus Market Size

In 2022, the global remote control apparatus market increased by X% to $X, rising for the second consecutive year after two years of decline. In general, consumption showed a strong expansion. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the global market failed to regain momentum.

Remote Control Apparatus Production

In value terms, remote control apparatus production reduced modestly to $X in 2022 estimated in export price. Overall, production showed a buoyant increase. The pace of growth was the most pronounced in 2018 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, global production growth remained at a somewhat lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Remote Control Apparatus Exports

Exports

In 2022, shipments abroad of radio remote control apparatus increased by X% to X units, rising for the fourth consecutive year after two years of decline. Over the period under review, total exports indicated resilient growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2018 indices. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. Over the period under review, the global exports attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, remote control apparatus exports expanded rapidly to $X in 2022. In general, total exports indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2012 indices. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. The global exports peaked in 2022 and are likely to see gradual growth in the immediate term.

Exports by Country

China represented the key exporting country with an export of about X units, which reached X% of total exports. Mexico (X units) held the second position in the ranking, followed by the Netherlands (X units) and Germany (X units). All these countries together took approx. X% share of total exports. Israel (X units), the United States (X units), South Korea (X units), Italy (X units), Hong Kong SAR (X units), Taiwan (Chinese) (X units), Austria (X units), France (X units) and Portugal (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to remote control apparatus exports from China stood at X%. At the same time, Israel (X%), the Netherlands (X%), Portugal (X%), Austria (X%), Taiwan (Chinese) (X%), Italy (X%) and South Korea (X%) displayed positive paces of growth. Moreover, Israel emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2022. Mexico and Germany experienced a relatively flat trend pattern. By contrast, Hong Kong SAR (X%), France (X%) and the United States (X%) illustrated a downward trend over the same period. China (X p.p.), the Netherlands (X p.p.) and Israel (X p.p.) significantly strengthened its position in terms of the global exports, while South Korea, Hong Kong SAR, France, Mexico, Germany and the United States saw its share reduced by X%, X%, X%, X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), Germany ($X) and Mexico ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined X% share of global exports. The United States, Israel, Hong Kong SAR, the Netherlands, Portugal, Italy, France, Taiwan (Chinese), South Korea and Austria lagged somewhat behind, together accounting for a further X%.

In terms of the main exporting countries, Israel, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average remote control apparatus export price amounted to $X per unit, growing by X% against the previous year. In general, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2019 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United States ($X per unit), while Austria ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (X%), while the other global leaders experienced more modest paces of growth.

Remote Control Apparatus Imports

Imports

For the fourth consecutive year, the global market recorded growth in purchases abroad of radio remote control apparatus, which increased by X% to X units in 2022. Over the period under review, total imports indicated a buoyant expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2018 indices. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Global imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, remote control apparatus imports expanded to $X in 2022. Overall, total imports indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Global imports peaked in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

The United States was the largest importing country with an import of around X units, which accounted for X% of total imports. It was distantly followed by the Netherlands (X units), Brazil (X units) and Germany (X units), together achieving a X% share of total imports. The following importers - France (X units), Austria (X units), the UK (X units), China (X units), Spain (X units), Indonesia (X units), Turkey (X units), Mexico (X units) and Japan (X units) - together made up X% of total imports.

Imports into the United States increased at an average annual rate of X% from 2012 to 2022. At the same time, the Netherlands (X%), Indonesia (X%), Austria (X%), Spain (X%), the UK (X%), Brazil (X%), France (X%), Germany (X%) and Mexico (X%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2022. Japan experienced a relatively flat trend pattern. By contrast, Turkey (X%) and China (X%) illustrated a downward trend over the same period. The United States (X p.p.), the Netherlands (X p.p.) and Austria (X p.p.) significantly strengthened its position in terms of the global imports, while France, Japan, Turkey, Germany and China saw its share reduced by X%, X%, X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported radio remote control apparatus worldwide, comprising X% of global imports. The second position in the ranking was taken by Germany ($X), with a X% share of global imports. It was followed by China, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in the United States amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: Germany (X% per year) and China (X% per year).

Import Prices by Country

In 2022, the average remote control apparatus import price amounted to $X per unit, waning by X% against the previous year. Over the period under review, the import price saw a slight decrease. The growth pace was the most rapid in 2018 when the average import price increased by X%. As a result, import price reached the peak level of $X per unit. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Mexico ($X per unit), while Brazil ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :