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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

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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..

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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.

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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.

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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.

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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/

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SOURCE Technavio

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TeamViewer study: 75% of employees use AI daily, but 61% want human oversight, indicating a confidence gap limiting progress

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Global research from TeamViewer finds IT leaders expect nearly 40% of digital workplace services to run autonomously by 2030

GÖPPINGEN, Germany, July 22, 2026 /PRNewswire/ — AI is already part of everyday work, but organizations must close a confidence gap before they can unlock the next wave of AI productivity, according to new global research from TeamViewer, a leading provider of digital workplace solutions. While three quarters of respondents use AI daily, 61% still prefer human oversight before AI takes action — even as IT leaders expect nearly 40% of digital workplace services to run autonomously by 2030.

The global study ‘Path to the Autonomous Digital Workplace’ examines the shift from AI assistance, where people prompt tools and review outputs, toward autonomous systems capable of detecting needs and acting on them with progressively less human intervention.

Among the study’s key findings:

AI is used daily. 75% of respondents use AI at least once a day, only 3% report no noticeable workplace benefits from using AI, and 64% describe their experience with AI as positive.The autonomous workplace is accelerating, especially in IT. 26% of IT leaders describe their departments as at least partially autonomous. 99% of IT leaders say they would be comfortable delegating at least one task to AI.Confidence drops as AI gains authority. 61% of total respondents prefer AI to take no independent action. While 35% are ready to allow AI to act more autonomously on their behalf, a majority of that group (71%) are only comfortable with AI handling defined tasks. Only 1 in 20 (5%) have no concerns about AI operating without a human in the loop.People do not reject autonomy; they reject invisible autonomy. 40% want AI to detect and fix issues early while keeping them informed, and 70% are comfortable with AI acting autonomously as long as they can step in when needed.Guardrails are central to trust. Respondents say autonomous action would be more acceptable with strong security and privacy protections (39%), notifications before major changes (36%) limits on what AI can access (36%), visible activity logs (33%) and rollback options (31%).People expect AI to reshape work, not eliminate it. By 2030, 33% expect AI to assist while they continue doing most tasks, 28% expect to delegate more tasks and focus on higher-value work, and only 2% expect their role to be eliminated.

The findings reveal what TeamViewer calls the AI Confidence Gap: people are increasingly comfortable using AI for assistance, but less ready to give autonomous systems greater access, authority and responsibility. That gap is already creating a verification burden. More than half of respondents (56%) often or always verify AI outputs before relying on them, spending an average of two hours per week checking AI-generated work, while 51% say they do not always know when to trust AI and when to verify it.

“AI is already changing how people work, but the next phase will be defined by trust,” said Oliver Steil, CEO at TeamViewer. “Organizations will not succeed by giving AI unlimited authority. They will succeed by building systems that operate safely, transparently and accountably within clearly defined guardrails. The real opportunity is to use AI and automation to prevent disruption, improve digital experiences, and free people to focus on higher-value work. Trusted autonomy, not unchecked automation, is what will unlock the next generation of productivity.”

IT is likely to be one of the first areas where autonomous systems take hold. Technology issues are often repetitive and measurable, which makes them easier to detect early, remediate automatically and, over time, resolve within defined guardrails. The survey supports this, as nearly all IT decision-makers surveyed (99%) would delegate at least one IT task to AI, most commonly system updates (61%), common device fixes (53%) and device performance adjustments (49%). This readiness reflects how far IT operations have progressed in a short time, and points to the continued move toward greater workplace autonomy.

“For years, software has largely been designed around what people tell it to do,” said Mei Dent, Chief Product and Technology Officer at TeamViewer. “Autonomous systems change that model. The next step is designing systems that know when to act, when to wait, and when to bring people into the decision. That requires clear guardrails, pre-approved actions, risk-based oversight, and transparency into what the system did and why. Autonomy will scale when organizations can prove it works in specific, trusted use cases, then expand it with confidence.”

About the Report

The study was conducted by Sapio Research on behalf of TeamViewer in April and May 2026, among 4,200 respondents across 9 markets: the U.S., the U.K., Australia, Brazil, France, Germany, Italy, Japan and Singapore. Respondents included an even split of managers and employees across industries and company sizes. The full report is available here. 

About TeamViewer

TeamViewer (XETRA: TMV) resolves digital friction before it disrupts productivity. As AI compounds the sprawl of machines, applications, and agents beyond human reach, TeamViewer restores control: observing endpoint health in real time, acting autonomously to keep technology in its desired state, and guiding operators when human judgment is needed. Its TeamViewer ONE platform unifies endpoint management, digital employee experience, and agentic remote support to lead the shift to autonomous endpoint management (AEM). Built on a structural data advantage from millions of AI-captured expert resolutions, the platform powers self-healing technology and grows more capable with every issue it fixes. More than 600,000 customers, from small businesses to the world’s largest enterprises, rely on TeamViewer to keep their digital and physical operations running. Learn more at www.teamviewer.com.

 

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SOURCE TeamViewer Germany GmbH

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VT Markets Launches “Finance Forward”, a Multi-Market CSR Series to Empower Youths with Real World Financial Skills

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The new CSR initiative focuses on improving financial literacy with practical education for youths

SYDNEY, July 22, 2026 /PRNewswire/ — VT Markets, a leading global online trading platform, today announced the launch of a new corporate social responsibility (CSR) initiative — ‘Finance Forward’. The initiative aims to equip young adults with the financial knowledge needed to move from economic uncertainty toward long-term independence.

Driven by the mission of empowering communities with real-world financial skills, the programme is built on a foundational belief that financial independence begins with literacy at a young age. In collaboration with local schools and community organisations, VT Markets will deliver targeted educational sessions covering essential concepts, including budgeting, strategic saving, and sound financial decision-making. The first phase rolls out across Southeast Asia with plans to progressively expand into global markets in subsequent phases.

“We work in financial markets every day, so we see how wide the gap is between what young people are taught and what they actually need to know: how to budget, how to save, how to make sound financial decisions,” Dandelyn Koh, Global Head of Marketing at VT Markets shares. “This programme is built to help close that gap. We believe the earlier young people build these skills, the more it compounds. Better decisions now lead to greater financial independence later,” she added.

‘Finance Forward’ reflects VT Markets’ aim to deliver the knowledge that will help bridge the opportunity gap and build a generation better equipped to succeed financially over the long term. This launch marks the first phase of a broader, global commitment. VT Markets plans to progressively extend the programme to more markets around the world, with the goal of making a meaningful, lasting impact on financial literacy on a global scale.

About VT Markets

VT Markets is a regulated multi-asset broker with a presence in over 160 countries as of today. It has earned numerous international accolades including Best Online Trading and Fastest Growing Broker. In line with its mission to make trading accessible to all, VT Markets offers comprehensive access to over 1,000 financial instruments and clients benefit from a seamless trading experience via its award-winning mobile application.

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SOURCE VT Markets

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Rockwell Automation Announces Luminus Selects SecureOT Platform to Support Industrial Cybersecurity Resilience

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Deployment will help strengthen operational technology visibility and risk management across a diverse energy production environment

BRUSSELS, July 22, 2026 /PRNewswire/ — Rockwell Automation, the world’s largest company dedicated to industrial automation and digital transformation, today announced that Luminus, a leading electricity producer and energy supplier in Belgium, has selected the Rockwell Automation SecureOT™ Platform to support cybersecurity resilience across its operational technology environment.

As part of Rockwell Automation SecureOT™ industrial cybersecurity solution suite, SecureOT Platform is an OT-specific technology designed to deliver comprehensive asset visibility, risk prioritization and integrated vulnerability management for industrial organizations at every stage of cybersecurity maturity. With a vendor-neutral approach and alignment to industry standards and regulatory frameworks, including IEC 62443 and the NIS2 Directive, SecureOT Platform helps industrial organizations proactively manage risk, support uptime and address evolving regulatory expectations.

For energy producers such as Luminus, operational continuity, asset and lifecycle management, and cybersecurity resilience are increasingly important as industrial operations become more connected and companies work to secure critical infrastructure environments. SecureOT Platform was designed to help operators gain a clearer understanding of their OT assets, identify exposure across multi-vendor environments and prioritize remediation activity based on risk.

“Energy producers are managing increasingly complex and connected operational environments, where visibility and risk management across OT systems are essential,” said Rick Kaun, Global Director, Cybersecurity Services, Rockwell Automation. “By deploying SecureOT Platform, Luminus is taking a structured approach to strengthening cybersecurity across its operations. This collaboration reflects a practical model for building internal capability while maintaining a consistent approach to managing risk across sites.”

Luminus operates a diverse portfolio of energy production assets, including thermal, hydro, battery and wind sites. The agreement will support the deployment of SecureOT Platform across Luminus’ industrial operations, helping provide increased visibility of operational technology assets and supporting a more structured approach to identifying, prioritizing and managing cyber risk.

The deployment was delivered through a collaborative implementation model that combined Rockwell Automation expertise with the development of internal capabilities at Luminus. Following the successful rollout of SecureOT Platform across its sites, Luminus is now independently expanding use of the platform by progressively integrating operational technology assets into the system. This approach is providing greater visibility into its industrial environment while supporting a consistent and scalable approach to cybersecurity risk management across the organization.

“We are committed to continuously strengthening the security and resilience of our OT environments,” said Maarten Baert, O&M Manager for Cybersecurity, Infrastructure & Network, Luminus. “Growing regulatory requirements, including NIS2, together with an increasingly complex threat landscape, require a structured approach to understanding and managing cyber risk. SecureOT Platform provides the visibility and risk management capabilities we need to support our compliance journey while helping our teams develop the internal operational cybersecurity expertise to manage an expanding and increasingly diverse asset base.”

About Rockwell Automation

Rockwell Automation, Inc. (NYSE: ROK), is a global leader in industrial automation and digital transformation. We connect the imaginations of people with the potential of technology to expand what is humanly possible, making the world more productive and more sustainable. Headquartered in Milwaukee, Wisconsin, Rockwell Automation employs approximately 26,000 problem solvers dedicated to our customers in more than 100 countries as of fiscal year end 2025. To learn more about how we are bringing the Connected Enterprise® to life across industrial enterprises, visit www.rockwellautomation.com.

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