New York, June 28, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Smart Remote Market Size, Share & Industry Trends Analysis Report By Application, By Distribution Channel, By Regional Outlook and Forecast, 2022 – 2028” – https://www.reportlinker.com/p06289290/?utm_source=GNW
It accomplishes the process by including a variety of infrared (IR) sensors and radios to control the TV, as well as Wi-Fi and Bluetooth to control connected home devices. A smart remote control can also have an integrated screen that adapts to the user’s management of the device. Some smart remotes are physical devices that occupy a dedicated position on the coffee table, while others are apps that take advantage of the phone’s built-in features.
When consumers take the first step toward simplifying smart home control by reducing remote collection from many to one, they’ve already taken significant steps toward a freer future, but that’s just the beginning. Home automation systems have the advantage of being flexible and unique to each consumer. Every home has distinct needs and wants for the system, and it is the responsibility of ensuring that consumers receive a system that performs the way they want and can adapt to all home control demands and of the family.
The radio remote control gadget (RF remote control) transmits a range of radio signals which are used to operate distant objects. The radio remote control is used with electric door openers or garage doors, automatic gate systems, burglar alarms and industrial automation systems in addition to infrared remote controls. Bluetooth AVRCP, ZigBee (RF4CE) and Z-Wave are the standards used for RF remote controls. Most remote controls use their own coding, sending between 8 and 100 fixed or rolling code pulses, using OOK or FSK modulation. Transmitters and receivers can also be universal, meaning they can work with a variety of encodings. For example, the transmitter is called a universal remote duplicator because it can duplicate current remotes, while the receiver is called a universal receiver because it can work with virtually any remote on the market.
Impact of COVID-19
With high transmission rates, the COVID-19 pandemic has caused massive casualties around the world. It has paralyzed the whole world and disrupted many businesses all over the planet. The smart remote control market has not been spared from the global impact of the COVID-19 outbreak. Lockdowns have shut manufacturing plants around the world. However, the lockdown restrictions are being eased to some level in order to stimulate the economy. Several manufacturing units and production facilities have been allowed to operate at reduced capacity. Such a feature gives a glimmer of optimism for the expansion of the smart remote control market.
Market Growth Factors
Growing acceptance of the Internet of Things (IoT)
One of the most important economic drivers for the growth of the smart home market is the Internet of Things platform. IoT-based technology provides home energy saving features. For example, according to GSMA Intelligence, global IoT connections will reach over billions. Such a factor indicates that huge clusters of sensors, devices and objects will interact via high-speed technologies such as 5G within a few years. The prevalence of Internet of Things devices is likely to improve the functionality of smart gadgets remotely.
Increase in smart city initiatives
The rapid growth of smart city technology and initiatives is increasing the demand for smart security systems, such as PIDS (Perimeter Intrusion Detection System). Additionally, there is an emphasis on efficient energy management technologies to ensure accurate metering and reduce waste. Technology providers are invited to contribute to the smart city’s transportation infrastructure to enable proper monitoring and management, reduce carbon emissions, and improve route planning and optimization. Many countries are currently investing heavily in technology to modernize aging infrastructure.
Market restraining factors
High Security Risks Hamper Market Expansion
The growing cyberattack against high-end connected technology is a major obstacle to smart remotes. All linked endpoints pose a security risk to smart home technology. As smart technology is tied into every system and equipment in the home, hackers can access sensitive and personal data if it is not properly secured. For example, according to Rambus Incorporated, a designer, developer and licensor of chip interface technology, a significant number of IoT devices are susceptible to a variety of attacks. All smart gadgets that work with internet technology are always prone to external intrusions and cyber attacks.
Based on application, the market is segmented into Smart TV and others. The Smart TV segment has acquired the highest revenue share in the smart remote control market in 2021. Smart TVs are also equipped with smart remote control with sophisticated functions. Voice-activated functions, along with a host of other useful features, make smart remotes a must-have. The demand for smart TVs has increased in developing regions, due to the improved picture quality of the screen.
Distribution Channel Insights
Based on distribution channel, the market is segmented into offline and online. The online segment generated a major revenue share in the smart remote control market in 2021. This is due to its growing popularity of online platforms. To reach a new base of buyers, leading manufacturers of smart home appliances are partnering with online retailers. Additionally, increasing sales of smart home appliances, primarily through corporate websites and other e-commerce platforms, are expected to fuel demand for the online distribution channel.
Based on regions, the market is segmented into North America, Europe, Asia-Pacific and Latin America, Middle East & Africa. The LAMEA region garnered a major revenue share from the smart remote control market in 2021. This can be attributed to the rapid adoption of smart home appliances by the region. The region is witnessing a drastic increase in the demand for smart devices due to growing consumer interest in Internet of Things (IoT) technologies, as well as increased spending on smart home appliances and electronics. other technologies that help make a smart gadget remotely.
The market research report covers the analysis of major market players. Key companies profiled in the report include Crestron Electronics, Inc., Universal Electronics Inc., LG Electronics, Inc., Toshiba Corporation, Samsung Electronics Co., Ltd., Koninklijke Philips NV, Sony Corporation, Haier Smart Home Co., Ltd. . , Logitech International SA and Bose Corporation.
Scope of the study
Market Segments Covered in the Report:
By distribution channel
• On line
• North America
o United States
o Rest of North America
o United Kingdom
o Rest of Europe
• Asia Pacific
o South Korea
o Rest of Asia-Pacific
o Saudi Arabia
o South Africa
o Rest of the LAMEA
• Crestron Electronics, Inc.
• Universal Electronics Inc.
• LG Electronics, Inc.
• Toshiba Corporation
• Samsung Electronics Co., Ltd.
• Koninklijke Philips NV
• Sony Corporation
• Haier Smart Home Co., Ltd.
• Logitech International SA
• Bose Corporation
• Comprehensive coverage
• The largest number of tables and figures on the market
• Subscription-based model available
• Best price guaranteed
• Support for after-sales research provided with 10% free customization
Read the full report: https://www.reportlinker.com/p06289290/?utm_source=GNW
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