Product Code: IRTNTR81161
The global remote control products hobby market is forecasted to grow by USD 475.4 mn during 2024-2029, accelerating at a CAGR of 3.2% during the forecast period. The report on the global remote control products hobby market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by continuous technological innovation , growth of digital media and online communities , increasing demand for outdoor and skill-based recreational activities .
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
| Market Scope |
| Base Year | 2025 |
| End Year | 2029 |
| Series Year | 2025-2029 |
| Growth Momentum | Accelerate |
| YOY 2025 | 3.1% |
| CAGR | 3.2% |
| Incremental Value | $475.4 mn |
Technavio's global remote control products hobby market is segmented as below:
By Product
- RC car
- RC drone
- RC plane
- RC helicopter
- Others
By Age Group
- Between 18 to 34 years
- Between 35 to 54 years
- Below 18 years
- More than 54 years
By Distribution Channel
Geography
- North America
- APAC
- China
- Japan
- South Korea
- India
- Australia
- Indonesia
- Europe
- Germany
- UK
- France
- Italy
- Spain
- The Netherlands
- Middle East and Africa
- South America
- Brazil
- Argentina
- Colombia
- Rest of World (ROW)
This study identifies the rise of small-scale and micro rc vehicles as one of the prime reasons driving the global remote control products hobby market growth during the next few years. Also, integration of smart technology and connectivity and growing emphasis on scale realism and customization will lead to sizable demand in the market.
The report on the global remote control products hobby market covers the following areas:
- Global remote control products hobby market sizing
- Global remote control products hobby market forecast
- Global remote control products hobby market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading global remote control products hobby market vendors that include Element RC, ExHobby Ltd, FutabaUSA, Horizon Hobby LLC, HPI Racing A/S, Joysway Hobby International Ltd., KYOSHO Corp., Mugen Seiki Co., Ltd., Parrot Drones SAS, Redcat Racing, Serpent Ltd., SZ DJI Technology Co. Ltd., Tamiya Inc., Team Corally, Tekno RC, LLC, Traxxas, XRAY, YOKOMO inc.. Also, the global remote control products hobby market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
- 1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market by Geography
- Executive Summary - Chart on Market Segmentation by Product
- Executive Summary - Chart on Market Segmentation by Age Group
- Executive Summary - Chart on Market Segmentation by Distribution Channel
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning
2 Technavio Analysis
- 2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- 2.2 Criticality of inputs and Factors of differentiation
- 2.3 Factors of disruption
- 2.4 Impact of drivers and challenges
3 Market Landscape
- 3.1 Market ecosystem
- 3.2 Market characteristics
- 3.3 Value chain analysis
4 Market Sizing
- 4.1 Market definition
- 4.2 Market segment analysis
- 4.3 Market size 2024
- 4.4 Market outlook: Forecast for 2024-2029
5 Historic Market Size
- 5.1 Global Remote Control Products Hobby Market 2019 - 2023
- Historic Market Size - Data Table on Global Remote Control Products Hobby Market 2019 - 2023 ($ million)
- 5.2 Product segment analysis 2019 - 2023
- Historic Market Size - Product Segment 2019 - 2023 ($ million)
- 5.3 Age Group segment analysis 2019 - 2023
- Historic Market Size - Age Group Segment 2019 - 2023 ($ million)
- 5.4 Distribution Channel segment analysis 2019 - 2023
- Historic Market Size - Distribution Channel Segment 2019 - 2023 ($ million)
- 5.5 Geography segment analysis 2019 - 2023
- Historic Market Size - Geography Segment 2019 - 2023 ($ million)
- 5.6 Country segment analysis 2019 - 2023
- Historic Market Size - Country Segment 2019 - 2023 ($ million)
6 Qualitative Analysis
- 6.1 The impact of AI in global remote control products hobby market
7 Five Forces Analysis
- 7.1 Five forces summary
- Five forces analysis - Comparison between 2024 and 2029
- 7.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2024 and 2029
- 7.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2024 and 2029
- 7.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2024 and 2029
- 7.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2024 and 2029
- 7.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2024 and 2029
- 7.7 Market condition
8 Market Segmentation by Product
- 8.1 Market segments
- 8.2 Comparison by Product
- 8.3 RC car - Market size and forecast 2024-2029
- 8.4 RC drone - Market size and forecast 2024-2029
- 8.5 RC plane - Market size and forecast 2024-2029
- 8.6 RC helicopter - Market size and forecast 2024-2029
- 8.7 Others - Market size and forecast 2024-2029
- 8.8 Market opportunity by Product
- Market opportunity by Product ($ million)
9 Market Segmentation by Age Group
- 9.1 Market segments
- 9.2 Comparison by Age Group
- 9.3 Between 18 to 34 years - Market size and forecast 2024-2029
- 9.4 Between 35 to 54 years - Market size and forecast 2024-2029
- 9.5 Below 18 years - Market size and forecast 2024-2029
- 9.6 More than 54 years - Market size and forecast 2024-2029
- 9.7 Market opportunity by Age Group
- Market opportunity by Age Group ($ million)
10 Market Segmentation by Distribution Channel
- 10.1 Market segments
- 10.2 Comparison by Distribution Channel
- 10.3 Offline - Market size and forecast 2024-2029
- 10.4 Online - Market size and forecast 2024-2029
- 10.5 Market opportunity by Distribution Channel
- Market opportunity by Distribution Channel ($ million)
11 Customer Landscape
- 11.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
12 Geographic Landscape
- 12.1 Geographic segmentation
- 12.2 Geographic comparison
- 12.3 North America - Market size and forecast 2024-2029
- 12.3.1 US - Market size and forecast 2024-2029
- 12.3.2 Canada - Market size and forecast 2024-2029
- 12.3.3 Mexico - Market size and forecast 2024-2029
- 12.4 APAC - Market size and forecast 2024-2029
- 12.4.1 China - Market size and forecast 2024-2029
- 12.4.2 Japan - Market size and forecast 2024-2029
- 12.4.3 South Korea - Market size and forecast 2024-2029
- 12.4.4 India - Market size and forecast 2024-2029
- 12.4.5 Australia - Market size and forecast 2024-2029
- 12.4.6 Indonesia - Market size and forecast 2024-2029
- 12.5 Europe - Market size and forecast 2024-2029
- 12.5.1 Germany - Market size and forecast 2024-2029
- 12.5.2 UK - Market size and forecast 2024-2029
- 12.5.3 France - Market size and forecast 2024-2029
- 12.5.4 Italy - Market size and forecast 2024-2029
- 12.5.5 Spain - Market size and forecast 2024-2029
- 12.5.6 The Netherlands - Market size and forecast 2024-2029
- 12.6 Middle East and Africa - Market size and forecast 2024-2029
- 12.6.1 UAE - Market size and forecast 2024-2029
- 12.6.2 Saudi Arabia - Market size and forecast 2024-2029
- 12.6.3 South Africa - Market size and forecast 2024-2029
- 12.6.4 Israel - Market size and forecast 2024-2029
- 12.6.5 Turkey - Market size and forecast 2024-2029
- 12.7 South America - Market size and forecast 2024-2029
- 12.7.1 Brazil - Market size and forecast 2024-2029
- 12.7.2 Argentina - Market size and forecast 2024-2029
- 12.7.3 Colombia - Market size and forecast 2024-2029
- 12.8 Market opportunity by geography
- Market opportunity by geography ($ million)
- Data Tables on Market opportunity by geography ($ million)
13 Drivers, Challenges, and Opportunity
- 13.1 Market drivers
- Continuous technological innovation
- Growth of digital media and online communities
- Increasing demand for outdoor and skill-based recreational activities
- 13.2 Market challenges
- High initial cost and perceived complexity
- Competition from digital entertainment
- Regulatory hurdles and restrictions on usage areas
- 13.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029
- 13.4 Market opportunities
- Rise of small-scale and micro RC vehicles
- Integration of smart technology and connectivity
- Growing emphasis on scale realism and customization
14 Competitive Landscape
- 14.1 Overview
- 14.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
- 14.3 Landscape disruption
- Overview on factors of disruption
- 14.4 Industry risks
- Impact of key risks on business
15 Competitive Analysis
- 15.1 Companies profiled
- 15.2 Company ranking index
- 15.3 Market positioning of companies
- Matrix on companies position and classification
- 15.4 ExHobby Ltd
- ExHobby Ltd - Overview
- ExHobby Ltd - Product / Service
- ExHobby Ltd - Key offerings
- SWOT
- 15.5 Horizon Hobby LLC
- Horizon Hobby LLC - Overview
- Horizon Hobby LLC - Product / Service
- Horizon Hobby LLC - Key offerings
- SWOT
- 15.6 Joysway Hobby International Ltd.
- Joysway Hobby International Ltd. - Overview
- Joysway Hobby International Ltd. - Product / Service
- Joysway Hobby International Ltd. - Key offerings
- SWOT
- 15.7 KYOSHO Corp.
- KYOSHO Corp. - Overview
- KYOSHO Corp. - Product / Service
- KYOSHO Corp. - Key offerings
- SWOT
- 15.8 Mugen Seiki Co., Ltd.
- Mugen Seiki Co., Ltd. - Overview
- Mugen Seiki Co., Ltd. - Product / Service
- Mugen Seiki Co., Ltd. - Key offerings
- SWOT
- 15.9 Parrot Drones SAS
- Parrot Drones SAS - Overview
- Parrot Drones SAS - Product / Service
- Parrot Drones SAS - Key offerings
- SWOT
- 15.10 Redcat Racing
- Redcat Racing - Overview
- Redcat Racing - Product / Service
- Redcat Racing - Key offerings
- SWOT
- 15.11 Serpent Ltd.
- Serpent Ltd. - Overview
- Serpent Ltd. - Product / Service
- Serpent Ltd. - Key offerings
- SWOT
- 15.12 SZ DJI Technology Co. Ltd.
- SZ DJI Technology Co. Ltd. - Overview
- SZ DJI Technology Co. Ltd. - Product / Service
- SZ DJI Technology Co. Ltd. - Key news
- SZ DJI Technology Co. Ltd. - Key offerings
- SWOT
- 15.13 Tamiya Inc.
- Tamiya Inc. - Overview
- Tamiya Inc. - Product / Service
- Tamiya Inc. - Key offerings
- SWOT
- 15.14 Team Corally
- Team Corally - Overview
- Team Corally - Product / Service
- Team Corally - Key offerings
- SWOT
- 15.15 Tekno RC, LLC
- Tekno RC, LLC - Overview
- Tekno RC, LLC - Product / Service
- Tekno RC, LLC - Key offerings
- SWOT
- 15.16 Traxxas
- Traxxas - Overview
- Traxxas - Product / Service
- Traxxas - Key offerings
- SWOT
- 15.17 XRAY
- XRAY - Overview
- XRAY - Product / Service
- XRAY - Key offerings
- SWOT
- 15.18 YOKOMO inc.
- YOKOMO inc. - Overview
- YOKOMO inc. - Product / Service
- YOKOMO inc. - Key offerings
- SWOT
16 Appendix
- 16.1 Scope of the report
- Market definition
- Objectives
- Notes and caveats
- 16.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
- 16.3 Currency conversion rates for US$
- Currency conversion rates for US$
- 16.4 Research methodology
- 16.5 Data procurement
- 16.6 Data validation
- 16.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
- 16.8 Data synthesis
- 16.9 360 degree market analysis
- 360 degree market analysis
- 16.10 List of abbreviations