The global remote control toy car market is expected to grow from USD 770.68 million 2017 to USD 1,259.58 million by the end of 2024 at a Compound Annual Growth Rate (CAGR) of 7.27%.

"Technological advancements and development in new and attractive products
is one of the factors largely attributing to the growth of remote control toy car market globally"

The factors attributing to the growth of the market are technological advancements and development in new and attractive products, and increase in disposable income of parents and rise in the number of isolated families across the globe. However, some factors such as enacted regulations regarding the safety of these toys, and limited durability may hinder the market growth. The global remote control toy car market is expected to showcase the opportunities such as innovation and new product launch, and ease of shipment due to globalization. In the near future, the market may face the possible challenges in the growth due to and to manufacture unbreakable or durable remote toy cars. However, the key players in the market are putting regressive efforts to provide innovative offerings and benchmark strategies in the global remote control toy car market market.

On the basis of age group, the global remote control toy car market is studied across 2