The Europe Smart Remote Market would witness market growth of 8.1% CAGR during the forecast period (2022-2028).
Leading players are combining recent breakthroughs in hardware and software sensing with artificial intelligence (AI) to revolutionize the way customers interact with computing devices in order to generate earnings from giving non-visual interaction experiences to consumers. The rapid infusion of small sensors into current home systems, as well as the proliferation of IoT-connected gadgets – important facilitators of smarter living – has ensured that smart home equipment and device manufacturers are constantly fighting to remain on the cutting edge. In the near future, it will have a big impact on smart remote control technologies. Consumer appliance makers' growing recognition that experience is more than a buzzword, has led to a shift in the focus on development and investment in innovative solutions. Such advancements in-home equipment functionality and design would continue to favor smart remote control development and sales in the coming years.
Europe is among those regions where the population is already ahead in terms of technological awareness and benefits from the technologies, and as a normal outcome, individuals and businesses of the region are increasingly demanding for smart remotes to incorporate into the daily work routine. For instance, as per one of the EU's ten priority action areas in its Strategic Energy Technology Plan, smart remotes create technologies and services for smart homes that deliver smart solutions to energy users. The Commission's vision for the electrical market which intends to create a fresh deal for consumers, smart remotes and networks, data management, and protection is the strategic policy goal behind the strategic policy goal. As an example, across the EU, a variety of publicly sponsored projects are aimed at involving consumers in the vision. The EU's smart remotes strategic aims are based on the notion that families want to play a more active part in the energy system.
The Germany market dominated the Europe Smart Remote Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $228.1 million by 2028. The UK market is estimated to grow at a CAGR of 7.3% during (2022 - 2028). Additionally, The France market would witness a CAGR of 8.9% during (2022 - 2028).
Based on Application, the market is segmented into Smart TV and Others. Based on Distribution Channel, the market is segmented into Offline and Online. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Smart Remote Market Size will Hit $3.9 Billion by 2028, at a CAGR of 8.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Crestron Electronics, Inc., Universal Electronics Inc., LG Electronics, Inc., Toshiba Corporation, Samsung Electronics Co., Ltd., Koninklijke Philips N.V., Sony Corporation, Haier Smart Home Co., Ltd., Logitech International S.A., and Bose Corporation.
Scope of the Study
Market Segments Covered in the Report:
By Application
By Distribution Channel
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Crestron Electronics, Inc.
- Universal Electronics Inc.
- LG Electronics, Inc.
- Toshiba Corporation
- Samsung Electronics Co., Ltd.
- Koninklijke Philips N.V.
- Sony Corporation
- Haier Smart Home Co., Ltd.
- Logitech International S.A.
- Bose Corporation
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Smart Remote Market, by Application
1.4.2 Europe Smart Remote Market, by Distribution Channel
1.4.3 Europe Smart Remote Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Europe Smart Remote Market by Application
3.1 Europe Smart TV Market by Country
3.2 Europe Others Market by Country
Chapter 4. Europe Smart Remote Market by Distribution Channel
4.1 Europe Offline Market by Country
4.2 Europe Online Market by Country
Chapter 5. Europe Smart Remote Market by Country
5.1 Germany Smart Remote Market
5.1.1 Germany Smart Remote Market by Application
5.1.2 Germany Smart Remote Market by Distribution Channel
5.2 UK Smart Remote Market
5.2.1 UK Smart Remote Market by Application
5.2.2 UK Smart Remote Market by Distribution Channel
5.3 France Smart Remote Market
5.3.1 France Smart Remote Market by Application
5.3.2 France Smart Remote Market by Distribution Channel
5.4 Russia Smart Remote Market
5.4.1 Russia Smart Remote Market by Application
5.4.2 Russia Smart Remote Market by Distribution Channel
5.5 Spain Smart Remote Market
5.5.1 Spain Smart Remote Market by Application
5.5.2 Spain Smart Remote Market by Distribution Channel
5.6 Italy Smart Remote Market
5.6.1 Italy Smart Remote Market by Application
5.6.2 Italy Smart Remote Market by Distribution Channel
5.7 Rest of Europe Smart Remote Market
5.7.1 Rest of Europe Smart Remote Market by Application
5.7.2 Rest of Europe Smart Remote Market by Distribution Channel
Chapter 6. Company Profiles
6.1 Crestron Electronics, Inc.
6.1.1 Company Overview
6.2 Universal Electronics, Inc.
6.2.1 Company Overview
6.2.2 Financial Analysis
6.2.3 Regional Analysis
6.2.4 Research & Development Expense
6.3 LG Electronics, Inc. (LG Corporation)
6.3.1 Company Overview
6.3.2 Financial Analysis
6.3.3 Regional & Segmental Analysis
6.3.4 Research & Development Expenses
6.3.5 Recent Strategies and Developments
6.3.5.1 Product Launches and Product Expansions:
6.4 Toshiba Corporation
6.4.1 Company Overview
6.4.2 Financial Analysis
6.4.3 Segmental and Regional Analysis
6.4.4 Research and Development Expense
6.4.5 Recent Strategies and Developments
6.4.5.1 Product Launches and Product Expansions:
6.5 Samsung Electronics Co., Ltd. (Samsung Group)
6.5.1 Company Overview
6.5.2 Financial Analysis
6.5.3 Segmental and Regional Analysis
6.5.4 Research & Development Expense
6.5.5 Recent Strategies and Developments
6.5.5.1 Partnerships, Collaborations and Agreements:
6.5.5.2 Product Launches and Product Expansions:
6.5.6 SWOT Analysis
6.6 Koninklijke Philips N.V.
6.6.1 Company Overview
6.6.2 Financial Analysis
6.6.3 Segmental and Regional Analysis
6.6.4 Research & Development Expense
6.7 Sony Corporation
6.7.1 Company Overview
6.7.2 Financial Analysis
6.7.3 Source: Company Publication & Secondary Research
6.7.4 Segmental and Regional Analysis
6.7.5 Research & Development Expenses
6.8 Haier Smart Home Co., Ltd. (Haier Group Corporation)
6.8.1 Company Overview
6.8.2 Financial Analysis
6.8.3 Segmental and Regional Analysis
6.8.4 Research & Development Expense
6.9 Logitech International S.A.
6.9.1 Company Overview
6.9.2 Financial Analysis
6.9.3 Regional Analysis
6.9.4 Research & Development Expenses
6.9.5 Recent Strategies and Developments
6.9.5.1 Product Launches and Product Expansions:
6.10. Bose Corporation
6.10.1 Company Overview
TABLE 1 Europe Smart Remote Market, 2018 - 2021, USD Million
TABLE 2 Europe Smart Remote Market, 2022 - 2028, USD Million
TABLE 3 Europe Smart Remote Market by Application, 2018 - 2021, USD Million
TABLE 4 Europe Smart Remote Market by Application, 2022 - 2028, USD Million
TABLE 5 Europe Smart TV Market by Country, 2018 - 2021, USD Million
TABLE 6 Europe Smart TV Market by Country, 2022 - 2028, USD Million
TABLE 7 Europe Others Market by Country, 2018 - 2021, USD Million
TABLE 8 Europe Others Market by Country, 2022 - 2028, USD Million
TABLE 9 Europe Smart Remote Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 10 Europe Smart Remote Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 11 Europe Offline Market by Country, 2018 - 2021, USD Million
TABLE 12 Europe Offline Market by Country, 2022 - 2028, USD Million
TABLE 13 Europe Online Market by Country, 2018 - 2021, USD Million
TABLE 14 Europe Online Market by Country, 2022 - 2028, USD Million
TABLE 15 Europe Smart Remote Market by Country, 2018 - 2021, USD Million
TABLE 16 Europe Smart Remote Market by Country, 2022 - 2028, USD Million
TABLE 17 Germany Smart Remote Market, 2018 - 2021, USD Million
TABLE 18 Germany Smart Remote Market, 2022 - 2028, USD Million
TABLE 19 Germany Smart Remote Market by Application, 2018 - 2021, USD Million
TABLE 20 Germany Smart Remote Market by Application, 2022 - 2028, USD Million
TABLE 21 Germany Smart Remote Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 22 Germany Smart Remote Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 23 UK Smart Remote Market, 2018 - 2021, USD Million
TABLE 24 UK Smart Remote Market, 2022 - 2028, USD Million
TABLE 25 UK Smart Remote Market by Application, 2018 - 2021, USD Million
TABLE 26 UK Smart Remote Market by Application, 2022 - 2028, USD Million
TABLE 27 UK Smart Remote Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 28 UK Smart Remote Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 29 France Smart Remote Market, 2018 - 2021, USD Million
TABLE 30 France Smart Remote Market, 2022 - 2028, USD Million
TABLE 31 France Smart Remote Market by Application, 2018 - 2021, USD Million
TABLE 32 France Smart Remote Market by Application, 2022 - 2028, USD Million
TABLE 33 France Smart Remote Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 34 France Smart Remote Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 35 Russia Smart Remote Market, 2018 - 2021, USD Million
TABLE 36 Russia Smart Remote Market, 2022 - 2028, USD Million
TABLE 37 Russia Smart Remote Market by Application, 2018 - 2021, USD Million
TABLE 38 Russia Smart Remote Market by Application, 2022 - 2028, USD Million
TABLE 39 Russia Smart Remote Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 40 Russia Smart Remote Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 41 Spain Smart Remote Market, 2018 - 2021, USD Million
TABLE 42 Spain Smart Remote Market, 2022 - 2028, USD Million
TABLE 43 Spain Smart Remote Market by Application, 2018 - 2021, USD Million
TABLE 44 Spain Smart Remote Market by Application, 2022 - 2028, USD Million
TABLE 45 Spain Smart Remote Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 46 Spain Smart Remote Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 47 Italy Smart Remote Market, 2018 - 2021, USD Million
TABLE 48 Italy Smart Remote Market, 2022 - 2028, USD Million
TABLE 49 Italy Smart Remote Market by Application, 2018 - 2021, USD Million
TABLE 50 Italy Smart Remote Market by Application, 2022 - 2028, USD Million
TABLE 51 Italy Smart Remote Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 52 Italy Smart Remote Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 53 Rest of Europe Smart Remote Market, 2018 - 2021, USD Million
TABLE 54 Rest of Europe Smart Remote Market, 2022 - 2028, USD Million
TABLE 55 Rest of Europe Smart Remote Market by Application, 2018 - 2021, USD Million
TABLE 56 Rest of Europe Smart Remote Market by Application, 2022 - 2028, USD Million
TABLE 57 Rest of Europe Smart Remote Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 58 Rest of Europe Smart Remote Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 59 KEY INFORMATION – Crestron Electronics, Inc.
TABLE 60 Key Information – Universal Electronics Inc.
TABLE 61 Key information – LG Electronics, Inc.
TABLE 62 Key Information – Toshiba Corporation
TABLE 63 Key Information – Samsung Electronics Co., Ltd.
TABLE 64 Key Information – Koninklijke Philips N.V.
TABLE 65 Key Information – Sony Corporation
TABLE 66 key information –Haier Smart Home Co., Ltd.
TABLE 67 Key Information – Logitech International S.A.
TABLE 68 key Information – Bose Corporation
List of Figures
FIG 1 Methodology for the research
FIG 2 SWOT Analysis: Samsung Electronics CO. Ltd.