India: Remote Control Apparatus Market 2025

Remote Control Apparatus Market Size in India

The Indian remote control apparatus market reduced modestly to $X in 2021, falling by -1.9% against the previous year. Over the period under review, consumption saw a perceptible reduction. As a result, consumption attained the peak level of $X. From 2016 to 2021, the growth of the market remained at a somewhat lower figure.

Remote Control Apparatus Production in India

In value terms, remote control apparatus production dropped slightly to $X in 2021 estimated in export price. Overall, production continues to indicate a noticeable contraction. The pace of growth appeared the most rapid in 2015 with an increase of 12%. As a result, production reached the peak level of $X. From 2016 to 2021, production growth remained at a somewhat lower figure.

Remote Control Apparatus Exports

Exports from India

Remote control apparatus exports from India skyrocketed to X tons in 2021, jumping by 317% against 2020. Overall, exports recorded a buoyant expansion. The pace of growth appeared the most rapid in 2017 with an increase of 508%. The exports peaked in 2021 and are likely to see steady growth in years to come.

In value terms, remote control apparatus exports soared to $X in 2021. Over the period under review, exports recorded a resilient increase. The growth pace was the most rapid in 2017 with an increase of 428%. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons) was the main destination for remote control apparatus exports from India, accounting for a 72% share of total exports. Moreover, remote control apparatus exports to the United States exceeded the volume sent to the second major destination, Vietnam (X tons), sixfold. Germany (X tons) ranked third in terms of total exports with a 3.1% share.

From 2012 to 2021, the average annual growth rate of volume to the United States totaled +182.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (+334.8% per year) and Germany (+75.9% per year).

In value terms, the United States ($X) emerged as the key foreign market for radio remote control apparatus exports from India, comprising 73% of total exports. The second position in the ranking was held by Vietnam ($X), with a 12% share of total exports. It was followed by Germany, with a 3.2% share.

From 2012 to 2021, the average annual growth rate of value to the United States totaled +159.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (+272.0% per year) and Germany (+59.0% per year).

Export Prices by Country

In 2021, the average remote control apparatus export price amounted to $X per ton, with a decrease of -40.5% against the previous year. Over the period under review, the export price saw a abrupt shrinkage. The pace of growth was the most pronounced in 2015 when the average export price increased by 16% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2016 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Italy ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+1.6%), while the prices for the other major destinations experienced a decline.

Remote Control Apparatus Imports

Imports into India

Remote control apparatus imports into India surged to X tons in 2021, rising by 75% compared with 2020 figures. Overall, imports posted significant growth. The pace of growth appeared the most rapid in 2016 when imports increased by 186% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are likely to see gradual growth in the immediate term.

In value terms, remote control apparatus imports surged to $X in 2021. Over the period under review, imports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2016 when imports increased by 138%. Over the period under review, imports reached the maximum in 2021 and are likely to see steady growth in the immediate term.

Imports by Country

China (X tons), South Korea (X tons) and Israel (X tons) were the main suppliers of remote control apparatus imports to India, together comprising 54% of total imports.

From 2012 to 2021, the biggest increases were recorded for Israel (with a CAGR of +899.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest remote control apparatus suppliers to India were China ($X), South Korea ($X) and Israel ($X), together accounting for 54% of total imports.

Israel, with a CAGR of +530.1%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average remote control apparatus import price amounted to $X per ton, approximately mirroring the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 16% against the previous year. The import price peaked at $X per ton in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, the countries with the highest prices were Germany ($X per ton) and the United States ($X per ton), while the price for France ($X per ton) and China ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+0.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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