According to the Market Statsville Group (MSG), the global radio wireless remote control equipment market size is expected to grow from USD 581.80 million in 2022 to USD 1,643.41 million by 2033, growing at a CAGR of 9.9% from 2023 to 2033. Factors such as increasing use of radio wireless remote-control equipment for cranes, and its high adoption in aerospace are driving the growth of the global radio wireless remote control equipment market. Moreover, the surging demand for radio-controlled aircraft for training purposes or among children as radio-controlled toy planes, will accelerate the growth of the market over the forecasting period at global level. Additionally, scientific, government and military organizations are also using RC aircraft for experiments, gathering weather readings, aerodynamic modeling, and testing. Further contributing to the growth of the market across the globe in forthcoming years. On the other hand, the adoption of gesture recognition technology as an alternative for the radio wireless remote-control equipment will hamper the market's growth over the forecasting period at the global level.

Definition of the Global Radio Wireless Remote Control Equipment Market

Remote control via RF (Radio Frequency remote control) is a handheld, wireless device that uses radio frequency (RF) transmission to control actions, music, video, and other electronic equipment. RF remotes, unlike infrared (IR) remotes, do not need to be pointed at the equipment. When a command is communicated from the operator, or controller, to the object in a radio control system, the code of the instruction input on the control panel is translated into a sequence of electric pulses, which are then turned into a radio signal using phase, amplitude, or frequency modulation. Various error-correcting codes are employed to improve the dependability of radio control. Since a radio remote-control system can have up to 103 transducers, a variety of techniques are used to distinguish the signals produced by the transducers, including frequency division of the channels based on the carrier frequencies of the auxiliary signals, time division, in which the transducers are interrogated sequentially, and combined frequency-time division.

Radio remote controls are electrical gadgets that govern and control the EOT crane electronically. A transmitter and a receiver are used as two-way communication components in this type of device. Radio transmissions are used by the radio remote controls to communicate between the transmitter and receiver.

COVID-19 Impact on the Global Radio Wireless Remote Control Equipment Market

The global radio wireless remote control equipment market has been severely affected, due to the outbreak of the COVID-19, there has been a significant impact on supply chains globally. Due to interrupted supply chains and production schedules, radio wireless remote control equipment manufacturers suffered massive losses in the first and second quarters of 2020. Due to a lack of site access, a disrupted supply chain, and a paucity of staff, COVID-19 has compelled radio wireless remote control equipment manufacturers to halt production, order delivery, and operations. With COVID-19, there is heightened worldwide vigilance against consumption and expenditure, as people refrain from investing money in leisure or recreational activities in order to enhance their savings. This has adversely squeezed the market growth during the pandemic. In addition, the halted manufacturing of remote-controlled toys such as airplanes, cars, and others has hampered the growth of the market amid the pandemic. The closure of retail stores, malls and disrupted supply chains further squeezed the demand for radio wireless remote-control equipment’s at global level.

However, with ease in COVID-19 guidelines in later half of the year 2020, surged the demand for the radio remote controlled devices to maintain social distancing and manage the operations with half employee strengthen. The radio remote controlled equipment’s enable users to operate the machines and equipment’s from a distance and reduced the requirement of excess manpower to handle work. This, in turn, amplifies the growth of the market during the latter half of 2020, during the pandemic. Moreover, in 2021, the halted activities were resumed, and operations were restarted, paving the way for the growth of the market in forthcoming years across the globe.

Global Radio Wireless Remote Control Equipment Market Dynamics

Drivers: Surging adoption of radio wireless remote control equipment’s in industrial cranes

The increasing use of radio wireless remote-control equipment for cranes, as it enables cranes to safely lift, transfer goods and materials, across the fields. Furthermore, cranes are used to lift and lower materials and to move them horizontally. It is also used for lifting heavy things and transporting them to other places. The integration of radio wireless remote-control technology in the industrial cranes will enhance operations efficiency and reduce workload. Such factors will promote the growth of the market in upcoming years at the global level.

Moreover, with the adoption of automation and use of radio remote control for load positioning and damage control, crane operators can benefit their day-to-day operation more smoothly and efficiently. Further, placing the operator on the ground avoids the health hazards of high humidity, vapours, smoke, radiation, high voltage, and others, associated with cabin operation. Additionally, the crane remote control allows the operator to get the best possible line of sight, when loads are transported to several different pieces of equipment located at different levels, including a mezzanine. Surging the demand for the radio wireless remote-controlled equipment in industrial cranes. This will contribute to the growth of the market over the forecasting period across the globe.

Restraints: Increasing utilization of Hand-gesture recognition technology

Gesture recognition is a technology that uses sensors to read and interpret hand movements as commands. The adoption of gesture recognition technology as an alternative for the radio wireless remote-control equipment will hamper the market's growth over the forecasting period at the global level. Further, the application of gesture recognition technology in healthcare, gaming, consumer electronics, and automotive is increasing. This will restrain the growth of the market during the forecasting period, among various end-use verticals.

Additionally, post-COVID-19, growing awareness of hygiene and advancement of security standards would further fuel the adoption of gesture recognition and restrict the growth of the market at the global level. Moreover, growth in end-use sectors and mounting investments from government bodies are also favoring the growth of gesture recognition, which will hamper the growth of the market at the global level. In addition, the growing trend of smart homes, as well as the use of VR in video games, are the major growth factors of gesture recognition. The growing adoption of gesture recognition technology will restrain the market growth over the forecasting period.

Opportunities: Increasing use of radio wireless remote-control equipment’s in drones

The increasing use of drones for various applications will create lucrative opportunities for the growth of the market over the forecast period at the global level. As the drones’ employees’ radio remote controllers for its management and operations. Drone services are increasingly replacing historical business uses such as aerial surveys, filmmaking, and search and rescue. Furthermore, because to their great durability and cheap operational costs, drone services have grown in popularity in a variety of municipal and commercial applications. When drones are controlled by radio wireless remote-control equipment, this paves the way for market expansion.

Further, growing government initiatives for the adoption of drones will promote the market's growth. For instance, to encourage the use of drones in many industrial sectors, the Chinese government is offering various subsidy programmes and other favourable domestic policies. Drone application fields are expanding, which is driving up demand for these UAVs in China. Indirectly fuelling the growth of the market during the forecasting period.

Scope of the Global Radio Wireless Remote Control Equipment Market

The study categorizes the radio wireless remote control equipment market based on type, application and end user area at the regional and global levels.

By Type Outlook (Sales, USD Million, 2019-2033)

• FM Radio Transmitter
• Joystick Type
• Medium Wave Transmitter
• Pushbutton Type
• Shortwave Radio Transmitter
• Other Types

By Application Outlook (Sales, USD Million, 2019-2033)

• Construction Crane
• Construction Industry
• Electronics Industry
• Forestry
• Industry & Logistics
• Machinery and Equipment
• Mining
• Mobile Hydraulics
• Other Applications

By End User Outlook (Sales, USD Million, 2019-2033)

• Aerospace
• Automobile
• Electronics Industry
• Other End Users

By Region Outlook (Sales, USD Million, 2019-2033)

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • Italy
  • France
  • UK
  • Spain
  • Poland
  • Russia
  • The Netherlands
  • Norway
  • Czech Republic
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Indonesia
  • Malaysia
  • Thailand
  • Singapore
  • Australia & New Zealand
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Colombia
  • Rest of South America
• The Middle East & Africa
  • Saudi Arabia
  • UAE
  • South Africa
  • Northern Africa
  • Rest of MEA

Pushbutton Type segment accounts for the largest market share by type

Based on the type, the market is divided into joystick type and pushbutton type. The pushbutton type segment is expected to dominate the market share in 2022 in the global radio wireless remote control equipment market. The pushbutton type segment currently dominates the market share in the radio wireless remote control equipment market. A wireless controller designed to control industrial machinery and equipment from a distance, the pushbutton-type industrial wireless remote control. The controller is often a portable device having push buttons or switches that may be used to operate different machine or equipment operations. The gadget delivers signals to the machine or equipment through a wireless link, which subsequently executes the intended operation.

North America is expected to witness the largest market share by Region

Based on the regions, the global radio wireless remote control equipment market has been segmented across Europe, North America, the Middle East & Africa, Asia-Pacific, and South America. North America is projected to account for the highest market share in 2022. North America is predicted to have the biggest market share over the projection period. This is due to the increasing usage of Radio Wireless Remote Control Devices in North American industry. The US is likely to be North America's largest market for remote control radio equipment due to the presence of significant companies and the high demand for Radio Wireless Remote Controller in military and defense applications.

Europe is predicted to be the second largest market for remote control radio equipment during the next five years. Radio Wireless Remote Control Technology is becoming increasingly used in the region, particularly in agriculture and transportation.

Competitive Landscape: Global Radio Wireless Remote Control Equipment Market

The radio wireless remote control equipment market is a significant competitor, and extremely cutthroat in the sector are using strategies including product launches, partnerships, acquisitions, agreements, and growth to enhance their market positions. Most sector businesses focus on increasing their operations worldwide and cultivating long-lasting partnerships.

Major key players in the global radio wireless remote control equipment market are:

• HBC
• Akerstroms
• Autec
• Hetronic Group
• Ikusi
• Itowa
• Laird(Cattron Group)
• NBB
• OMNEX(Eaton)
• Remote Control Technology
• Scanreco
• Tele Radio
• Yuding
• Company 14
• Company 15

Recent Development

• In January 2022, Laird Connectivity had launched the Sterling-LWB+ Wi-Fi 4 (802.11 b/g/n) and Bluetooth 5.2 module, the latest member of the popular Sterling radio family. The AIROC CYW43439 Wi-Fi 4 + Bluetooth 5.2 Combination SoC from Infineon Technologies powers the Sterling-LWB+, which is built from the ground up for IoT. The Sterling-LWB+ is completely certified, simple to integrate, suitable for industrial temperatures, and offers the quickest path to market for wireless IoT applications.
• In September 2021, LIFT is a dependable and secure portable wireless control system designed and manufactured by AUTEC. It is ideal for lifting machinery such as overhead cranes, jibs, hoists, and winches. The "MY LIFT AUTEC" App uses cutting-edge technologies to simplify system administration during repair operations.
• In August 2020, Eaton announced its eMobility business has launched a new and improved line of Eaton OMNEX Trusted Wireless mobile control solutions for heavy machinery and field operations. The 900 MHz two-way remote-control units allow for the wireless control of high-value machinery in harsh environments, including mining, construction, agriculture, locomotive and marine markets.
• In February 2020, Itowa provide tailor-made solutions for each customer. The receivers have been manufactured inside a watertight metal cabinet to ensure greater tightness in generally unfavorable conditions. This solution is usually implemented in applications that are outdoors and have more risk of contact with rain or corrosive materials.
• In April 2019, A whole new type of radio remote control is being launched by Tele Radio. Tele Radio announces PUMA wireless remote control – SIL3. The PUMA industrial remote-control series has been developed for hydraulic and industrial mobile applications. PUMA is Tele Radio's new and feature-rich system that includes the transmitter, receiver, and integrated software for configuring and monitoring. There are options for fieldbus communication with the system. The series exists of base types that can easily be customized to the exact needs of the end-user.

Key Issues Addressed

• What is the market size by various segmentation of the radio wireless remote control equipment by region and its respective countries?
• What are the customer buying behavior, key takeaways, and Porter's 5 forces of the radio wireless remote control equipment market?
• What are the key opportunities and trends for manufacturers involved in the radio wireless remote control equipment supply chain?
• What are the fundamental dynamics (drivers, restraints, opportunities, and challenges) of the market?
• What and how regulations, schemes, patents, and policies are impacting the growth of the market?
• What are the upcoming technological solutions influencing market trends? How will existing companies adapt to the new change in technology?
• The market player positioning, top winning strategies by years, company product developments, and launches will be?
• How has COVID-19 impacted the demand and sales of radio wireless remote control equipment in the global market? Also, the expected BPS drop or rise count of the market and market predicted recovery period.
• Detailed analysis of the competitors and their latest launch, and what are the prominent startups introduced in the target market? Also, detailed company profiling of 25+ leading and prominent companies in the market.