Connect with us

Technology

Model Kits for Hobbyists Market to Grow by USD 219 Million from 2024-2028, Driven by Rising Disposable Income and AI’s Impact on Market Trends – Technavio

Published

on

NEW YORK , Nov. 6, 2024 /PRNewswire/ — Report on how AI is redefining market landscape – The global model kits for hobbyists market size is estimated to grow by USD 219 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 3.65% during the forecast period. Growing disposable income of middle-class population is driving market growth, with a trend towards growing application of 3d printing. However, seasonal demand and short life of merchandise and collectibles poses a challenge.Key market players include ABER, Academy Plastic Model Co. Ltd., Accurate Armour Ltd, Aoshima Bunka Kyozai Co. Ltd., Arma Hobby S.C., Dragon Models Ltd., Hasegawa Corp., Heller Hobby GmbH, Hong Kong Models Co. Ltd, Hornby Hobbies Ltd., Italeri SpA, Moebius Models, Motormax Toy Factory Ltd., Ningbo Weijun Culture Development Co. Ltd. , Revell GmbH, Round2 Corp. LLC, Tamiya Inc., TM MINIART MODELS, Waltersons Industries Group Ltd., and Yatai Electric Appliances Co. Ltd..

Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF

Model Kits For Hobbyists Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 3.65%

Market growth 2024-2028

USD 219 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

3.38

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 36%

Key countries

US, UK, Germany, China, and Japan

Key companies profiled

ABER, Academy Plastic Model Co. Ltd., Accurate Armour Ltd, Aoshima Bunka Kyozai Co. Ltd., Arma Hobby S.C., Dragon Models Ltd., Hasegawa Corp., Heller Hobby GmbH, Hong Kong Models Co. Ltd, Hornby Hobbies Ltd., Italeri SpA, Moebius Models, Motormax Toy Factory Ltd., Ningbo Weijun Culture Development Co. Ltd. , Revell GmbH, Round2 Corp. LLC, Tamiya Inc., TM MINIART MODELS, Waltersons Industries Group Ltd., and Yatai Electric Appliances Co. Ltd.

Market Driver

The 3D printing trend in the model kits for hobbyists market presents both opportunities and challenges. While this technology may increase demand for collectible and model kits, it also raises concerns regarding copyright and trademark infringements. As 3D printers become more affordable, licensors are taking steps to protect their intellectual property. Some, like Sesame Workshop, are granting licenses to 3D printing companies, allowing them to produce licensed merchandise. This not only distinguishes these products from unlicensed items but also generates revenue for the licensors. Companies such as Stratasys, MakerBot, and 3D Systems have secured licenses, enabling them to print Sesame Street merchandise, among others. These innovations are expected to create new growth opportunities for vendors in the global model kits for hobbyists market. 

The hobbyists market, fueled by the growing middle-class population and increased access to TV, internet, and online sales, is experiencing a demand for model kits. Trends include 3D printing, licensed merchandise from movies and TV franchises, and nostalgic replicas of vehicles, aircraft, and character models. E-commerce platforms and digital design tools enable home-based activities, while eco-consciousness influences sustainable packaging and limited editions. Consumer behavior favors customization and strategic engagement through online communities. Tamiya Models leads the industry with plastic and scale models, offering static display options for military vehicles, civilian vehicles, tanks, ships, and character models. Consumers seek educational value, craftsmanship, and the thrill of building their own collector items. Online and offline stores cater to diverse preferences, with opportunities for customization and community building. Environmental sustainability is a growing concern, driving the adoption of eco-friendly materials and practices.

Request Sample of our comprehensive report now to stay ahead in the AI-driven market evolution!

Market Challenges

Efficient merchandise management is crucial for retailers in the model kits for hobbyists market due to the sector’s fragmented nature and the extreme sensitivity of consumer demands. Retailers must forecast demand accurately to procure merchandise effectively. Model kit manufacturers frequently expand or discontinue product lines, making sourcing goods challenging. The popularity of TV and movie merchandise is transient, with most sales occurring around their release. Retailers prefer evergreen merchandise to minimize dead stock accumulation. TV merchandise sales are typically post-aired, and retailers often pre-stock movie merchandise, risking dead stock if the movie underperforms. These factors may hinder the growth of the global model kits for hobbyists market.The Model Kits For Hobbyists market encompasses various segments, including Craft, E-commerce, Digital design, Home-based activities, Eco-consciousness, and Consumer behavior. Challenges in this industry include limited editions and collector items, sustainable packaging, and online platforms. Brands like Tamiya, Plastic Model, Scale Model, and Kit producers cater to diverse consumer bases with static display models of Aircraft, Cars, Tanks, Ships, Character models, and more. Customization, consumer engagement, and environmental sustainability are strategic priorities. High-cost, technological insights, and collaborations with Military Command, Film Making, Architecture, and Science Fiction brands drive demand. Offline stores coexist with online sales channels, and salesmanship remains crucial. Round 2, Snap-together models, and Military vehicles, Civilian vehicles cater to various consumer preferences. Craft stores and service launches contribute to market growth.

Discover how AI is revolutionizing market trends- Get your access now!

Segment Overview

This model kits for hobbyists market report extensively covers market segmentation by

Type1.1 Automobiles1.2 Military vehicles1.3 Aircraft1.4 Ships1.5 OthersEnd-user2.1 Beginner2.2 ProfessionalGeography3.1 North America3.2 Europe3.3 APAC3.4 South America3.5 Middle East and Africa

1.1 Automobiles- The model kits for hobbyists market is primarily driven by the popularity of automobile-related models. Iconic vehicles like the Ford Mustang and Porsche 911 remain top choices for enthusiasts. Modern hypercars, such as the Bugatti Chiron, have also gained significant attention. Intricate modification kits enable hobbyists to customize their models with unique paint jobs, decals, and aftermarket parts. Technological advancements enhance the level of detail and realism in these kits, providing a more engaging experience. Traditional plastic models continue to dominate, but niche areas like remote-controlled model cars and metal DIY kits are emerging to cater to diverse automobile hobbyist preferences. These factors are projected to fuel the expansion of the global model kits for hobbyists market.

Download a Sample of our comprehensive report today to discover how AI-driven innovations are reshaping competitive dynamics

Research Analysis

The hobbyists market, fueled by the growing middle-class population and increased access to media like TV and the internet, has seen a demand for model kits. Online sales have become a significant revenue stream, with e-commerce platforms and digital design tools enabling hobbyists to create and purchase models from anywhere. The trend towards 3D printing and licensed merchandise, particularly for movie and TV franchise tie-ins, has also boosted sales. Replicas of vehicles, aircraft, military equipment, and ships are popular choices, appealing to both nostalgia and educational value. Craft activities have gained traction as home-based hobbies, while eco-consciousness influences consumer behavior, leading to sustainable packaging and limited editions. Online platforms and community building have further enhanced the hobbyists’ experience, making it a thriving industry for collectors and enthusiasts alike.

Market Research Overview

The hobbyists market for model kits is experiencing a resurgence, fueled by the growing middle-class population with access to TV and the internet. Online sales are on the rise, with e-commerce platforms and digital design tools enabling home-based activities. 3D printing technology adds a new dimension to model making, while licensed merchandise, movie, and TV franchise tie-ins cater to nostalgia and consumer demand. Replicas of vehicles, aircraft, ships, and character models are popular, offering educational value and customization opportunities. Eco-consciousness is influencing consumer behavior, with sustainable packaging and limited editions becoming essential. Strategic engagements, collaborations, and community building are key to growing the consumer base. Tamiya Models and other brands offer a wide range of plastic and scale models for static display, including military vehicles, civilian vehicles, snap-together kits, and architectural models. The market also includes models for filmmaking, military command, and even science fiction. Despite the high cost, the hobby continues to attract enthusiasts through technological insights and the satisfaction of creating intricate replicas.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

TypeAutomobilesMilitary VehiclesAircraftShipsOthersEnd-userBeginnerProfessionalGeographyNorth AmericaEuropeAPACSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

View original content to download multimedia:https://www.prnewswire.com/news-releases/model-kits-for-hobbyists-market-to-grow-by-usd-219-million-from-2024-2028-driven-by-rising-disposable-income-and-ais-impact-on-market-trends—technavio-302296534.html

SOURCE Technavio

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Synagie Unveils Geene 2.0 – BytePlus, SingData and FLY Entertainment Among 12 Founding Partners Building Trusted AI Commerce

Published

on

By

Co-developed by leaders across AI, data, media, commerce and blockchain, the Trusted AI Commerce Intelligence Ecosystem gives enterprises a practical way to scale AI with confidence.

SINGAPORE, July 22, 2026 /PRNewswire/ — Synagie, the flagship digital commerce and technology brand of Hong Kong-listed Synagistics Limited (HKEX: 2562), today unveiled Geene 2.0, a Trusted AI Commerce Intelligence Ecosystem (a SaaS platform) designed to help businesses move beyond isolated AI applications towards trusted, scalable business transformation.

While many organisations have adopted AI for content generation, analytics and workflow automation, these capabilities often operate independently, making it difficult to translate intelligence into measurable business outcomes while maintaining governance and accountability.

Geene 2.0 addresses this challenge by bringing together specialised capabilities across data, artificial intelligence, media, commerce and blockchain into a single software-as-a-service platform. Businesses can analyse markets, formulate strategies, generate content, automate operations and verify products through one connected ecosystem.

The platform will be commercially available in early August 2026.

The preview was witnessed by Guest-of-Honour Mr Desmond Tan, Senior Minister of State in the Prime Minister’s Office and Deputy Secretary-General of the National Trades Union Congress (NTUC), alongside more than 200 business leaders, ecosystem partners, customers and invited guests.

Built by Twelve Industry Leaders

Geene 2.0 was co-developed by twelve founding partners, each contributing deep expertise across data, artificial intelligence, commerce, media and blockchain.

Rather than relying on a single vendor to provide every capability, Geene 2.0 combines best-in-class technologies into one coordinated platform, enabling enterprises to deploy AI faster while reducing implementation complexity.

At the heart of the platform is the ecosystem’s proprietary ASSET intelligence engine, which orchestrates every stage of AI-driven commerce through five interconnected intelligence layers:

ASSET Layer

Business Outcome

Analyse

Transform market, customer and business data into actionable intelligence

Strategise

Recommend AI-driven commercial strategies and business decisions

Storytelling

Generate multilingual marketing, commerce and customer content

Execute

Automate commerce operations, customer engagement and sales workflows

Trust

Verify products, AI actions and business claims through blockchain-backed traceability

Together, these five intelligence layers transform AI from standalone tools into a coordinated business capability spanning insight, execution and trust.

The founding partners are:

BytePlus

China Mobile International

DataCloud

DU-MAS

FLY Entertainment

International Brand Centre

Masverse

Mei Ah Entertainment

SingData

Synagie

Yiwise

Zeneva

A Vision for the Next Generation of AI Commerce

Ms Pei Gy Wong, Chief Digital Officer of Synagie Group Asia and Europe, said:  “The next generation of AI will not be won by the companies with the largest models. It will be led by those who can build the greatest trust.

Businesses do not need more AI tools. They need AI they can trust to make better decisions, execute with confidence and deliver measurable business outcomes.

Geene 2.0 reflects our belief that the future of enterprise AI lies in collaboration. By bringing together industry leaders across data, AI, commerce, media and blockchain, we are giving businesses a practical pathway to adopt AI with confidence and at scale.”

Demonstrating the Enterprise Intelligence Ecosystem in Action

Geene 2.0 has already moved beyond concept into commercial deployment through AGONG Durian, a premium Malaysian durian brand supplied and blockchain-tagged by founding partner DU-MAS.

The implementation demonstrates how AI-powered market intelligence, content creation, commerce automation and blockchain verification can operate together in a real business environment to improve operational efficiency while strengthening consumer confidence.

The same framework can be applied across industries including retail, manufacturing, healthcare, consumer goods and luxury products where authenticity, compliance and trust have become increasingly important.

Accelerating Trusted AI Adoption in Singapore

Technology alone is not enough to accelerate AI adoption. Businesses also need access, practical implementation pathways and a workforce equipped with the right skills.

Synagie’s Geene 2.0 is one example of a digital solution that can help companies address common business challenges such as improving operational efficiency, strengthening decision-making, streamlining workflows and enhancing customer engagement. Companies seeking such solutions may explore implementation through the NTUC Company Training Committee (CTC) initiative. Through the CTC Grant, eligible companies can receive up to 70% funding support for projects that drive business transformation and workforce outcomes, including job redesign, skills development and productivity improvements. Workers could also benefit from wage increase, structured career pathways and/or skills allowance.

Synagie is also collaborating with the Singapore Industrial and Services Employees’ Union to strengthen AI readiness for its workers, including PMEs.

Looking Ahead

As enterprise AI adoption accelerates across Asia, Synagie believes the next phase of innovation will be defined by trusted ecosystems rather than standalone AI applications.

By combining intelligence, execution and accountability in one platform, Geene 2.0 provides businesses with a practical foundation to scale AI confidently while positioning Singapore as a leader in responsible enterprise AI innovation.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/synagie-unveils-geene-2-0—byteplus-singdata-and-fly-entertainment-among-12-founding-partners-building-trusted-ai-commerce-302831705.html

SOURCE Synagie

Continue Reading

Technology

StarHub Strengthens Position as a Trusted Regional Digital Transformation Partner with HPE APAC Recognition

Published

on

By

SINGAPORE, July 22, 2026 /PRNewswire/ — StarHub has been named APAC Service Provider of the Year 2026 by Hewlett Packard Enterprise (HPE), recognising its success in helping enterprises modernise critical infrastructure, and deliver secure, resilient and AI-ready digital transformation.

The HPE Partner of the Year Awards recognise partners that have demonstrated excellence in delivering customer outcomes, driving innovation and creating measurable business impact.

StarHub’s recognition reflects its growing role as a trusted digital transformation partner, helping organisations translate technology investments into measurable business outcomes through its Modern Digital Infrastructure (MDI) platform strategy.

Underpinned by a cloud-native, hybrid multi-cloud architecture, MDI brings together networks, cloud, cybersecurity and clean data on a unified data platform. Combining AI-driven automation, operational intelligence and advanced analytics, it helps organisations modernise infrastructure, strengthen resilience and accelerate innovation for sustainable growth.

Through its MDI strategy and collaboration with HPE, StarHub partnered the National University of Singapore (NUS) to realise the Borderless University vision by implementing a smart, safe and sustainable ubiquitous network. By integrating StarHub’s enterprise networking, solar-powered Wi-Fi and private 5G capabilities, the joint initiative has strengthened digital connectivity and supported more flexible, seamless and secure learning experiences for students and faculty across campus beyond traditional boundaries, in Singapore and overseas.

“As organisations accelerate digital transformation and AI adoption, effective implementation increasingly depends on strong industry expertise, collaboration, and the ability to translate ideas into practical outcomes,” said Tan Kit Yong, Chief, Regional Enterprise, StarHub. “Our collaboration with NUS reflects a shared commitment in supporting digital capabilities that will enhance everyday technology experiences for faculty, researchers, staff and students. This recognition highlights the broader importance of cross-sector collaboration in addressing evolving technology needs.”

For more information, visit starhub.com/managedservices.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/starhub-strengthens-position-as-a-trusted-regional-digital-transformation-partner-with-hpe-apac-recognition-302831718.html

SOURCE StarHub

Continue Reading

Technology

Zeal Connect launches the world’s first AI-native help desk built exclusively for travel and beta customers say it changes how operations are run

Published

on

By

Travel Moves Billions of People a Year on Software That Can’t Read a Booking. Zeal Desk Just Changed That.

PUNE, India, July 22, 2026 /PRNewswire/ — Anyone who has run a travel operation knows the 2 AM story: a guest standing at a front desk in another time zone, a hotel that never received the amendment, and the ticket that could have prevented it sitting in a queue sorted by age, not urgency inside software built for password resets, not people in transit.

That story ends with today’s launch of Zeal Desk; the world’s first AI-native help desk built exclusively for the travel industry. It wasn’t adapted from a generic tool it was written for travel from the first line of code, so it reads PNRs and hotel confirmation numbers the way a seasoned agent does, opens the live booking behind every ticket, and sorts the queue by check-in date because in travel, urgency is measured in arrivals, not ticket age.

Behind the desk, five specialised AI agents: Classifier, Prioritiser, Resolver, Auditor and Reconfirmation put the routine on Autopilot: amendments, refunds, cancellations and reconfirmations are now resolved end-to-end on the live booking, with every reply audited before it leaves. Every request email, WhatsApp or chat lands in one booking-aware inbox and follows playbooks the operator writes in plain language.

Classic Holidays ran Zeal Desk through its beta and came out convinced.

“We walked in skeptical, every help desk claims AI these days. Then we watched Zeal Desk open the booking, check the fare rule, contact the hotel and close the ticket before an agent could finish reading it. Our first reaction was disbelief. Our second was simpler: we are never running operations the old way again.”
 – Rishabh Doshi, Managing Director, Classic Holidays.

“Travel has spent two decades running the world’s most operationally complex industry on hand-me-down software tools that don’t know what a PNR is. Zeal Desk is what support looks like when it’s built for travel from day one. It isn’t a better ticket queue; it’s a different way to run a travel operation.”
 – Yogesh Chaudhari, Co-founder & CEO, Zeal Connect.

Zeal Desk arrives enterprise-ready SSO/SAML, GDPR tooling, PII redaction, multi-brand workspaces and SLA engines connecting to GDS, mid-office, CRM and booking stacks, and is live today with OTAs, DMCs, bedbanks and agencies across the UAE, Saudi Arabia, India, Europe and Southeast Asia.

Zeal Desk is available now at zealconnect.com

ABOUT ZEAL CONNECT

Zeal Connect builds AI-powered products for the B2B travel industry, serving OTAs, DMCs, travel agencies, bedbanks and supplier operations teams worldwide. Its platform spans Zeal Desk, the AI-native travel help desk, and Zeal Reconfirmation, the pre-check-in hotel confirmation service. Zeal Connect is headquartered in Pune, India.

 

View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/zeal-connect-launches-the-worlds-first-ai-native-help-desk-built-exclusively-for-travel-and-beta-customers-say-it-changes-how-operations-are-run-302831716.html

Continue Reading

Trending