Global Smart Buildings Wi Sun Technology Market
Market Size in USD Billion
CAGR :
% 
 Forecast Period |
2021 –2028 |
 Market Size (Base Year) |
USD 1.30 Billion |
 Market Size (Forecast Year) |
USD 8.70 Billion |
 CAGR |
% |
| Major Markets Players |
|
Global Smart Buildings Wi-Sun Technology Market, By Component (Hardware Products, Software Solutions, Services), End User (Smart Cities, Utilities, Agriculture, Healthcare, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Smart Buildings Wi-Sun Technology Market
Smart buildings wi-sun technology market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to reach at an estimated value of USD 1.3 billion in 2020 to USD 8.7 billion by 2028 and grow at a CAGR of 26% in the above-mentioned forecast period.
Wi-sun technology, a wireless smart utility network, is a wireless communication standard that allows connectivity between smart-grid devices. It is based on various IETF, IEEE, and ANSI/TIA standards supporting low power and loss networks.
The factors such as adoption of smart technologies and need for improved customer experience across verticals are expected to emerge as the significant factor accelerating the growth of smart buildings wi-sun technology market. Additionally, several benefits offered by Wi-SUN technology, long battery life and including low deployment cost and several applications such as logistics and transportation, industrial manufacturing, agriculture and healthcare, will further aggravate the growth of the smart buildings wi-sun technology market. However, the lack of network connectivity might hinder the evolution of technologies resulting in a growth restraint for the market.
The growing demand for improved customer services and rising adoption of connected devices and smart technologies is anticipated to generate lucrative opportunities for the Smart buildings wi-sun technology market. The rising issue of cybersecurity will pose as a challenge for the smart buildings wi-sun technology market.
This smart buildings wi-sun technology market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on Smart buildings wi-sun technology market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Smart Buildings Wi-Sun Technology Market Scope and Market Size
The smart buildings wi-sun technology market is segmented on the basis of component and end user. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
- On the basis of component, the market is segmented into hardware products, software solutions and services.
- On the basis of end user, the smart buildings wi-sun technology market is segmented into smart cities, utilities, agriculture, healthcare and others.
Smart Buildings Wi-Sun Technology Market Country Level Analysis
The Smart buildings wi-sun technology market is analyzed and market size, volume information is provided by component and end user as referenced above.
The countries covered in the Smart buildings wi-sun technology market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America is projected to dominate the market during the forecast period due to the largest market contribution and major market players in the region. On the other hand, Asia-Pacific is expected to show a lucrative growth due to the rapid urbanization and emerging developments in device manufacturing and network service providers.
The country section of the Smart buildings wi-sun technology market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Smart Buildings Wi-Sun Technology Market Share Analysis
The smart buildings wi-sun technology market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Smart buildings wi-sun technology market.
The major players covered in the smart buildings wi-sun technology market report are Fuji Electric Co. Ltd., Murata Manufacturing Co. Ltd., Analog Devices, Inc., ROHM CO., LTD.,Trilliant Holdings Inc., Landis+Gyr, Itron Inc, OMRON Corporation, OSAKI ELECTRIC CO., LTD..,Renesas Electronics Corporation, TOSHIBA CORPORATION,TÜV Rheinland, Vertexcom, Cisco, Digi-Key Electronics, Wi-Sun Alliance, Dimonoff inc., CITELUM, Schréder, ACUITY BRANDS LIGHTING, INC., OSRAM Licht Group, Philips Lighting N.V, EnGo PLANET, Telensa Inc. among other domestic and global players. Market shre data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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