Global Zig-Bee Automation Market, By Product (Zigbee Home Automation, Zigbee Light Link, Zigbee Smart Energy and Others), Application (Smart Homes, Connected Light, Utility and Retail Services), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights : Global Zig-Bee Automation Market
The zig-bee automation market is expected to witness market growth at a rate of 12% in the forecast period of 2021 to 2028 and is estimated to reach 45 USD billion by 2028. Data Bridge Market Research report on zig-bee automation market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth.
Majority of the industries today are going wireless, and the transfer of data while making utilization of this wireless network technology can be defined as ZigBee. ZigBee is a wireless technology that aids to install device to device communication or machine to machine communication. One of the most major properties of the ZigBee Automation is that it makes utilisation of lower levels of energy, and is more dominant as usage in the alarm, as well as the multi-control systems. Similarly, the lightning control, coupled with the other industrial applications can well make practice of the ZigBee Technology. This technology covers the range of 50-100 meters and is one of the most suitable systems for communication. This is comparatively better in comparison to the Bluetooth or WiFi, and the wireless sensors networks of the short ranges are involved.
Major factors that are expected to boost the growth of the zig-bee automation market in the forecast period are the upsurge in the demand for low levels of energy utilisation in the form of lighting solutions and the IoT technology is undergoing huge investments which are offering the much-needed push to the architecture. Furthermore, due to its decrease in the price and less power utilisation and the rise in the need for smart cities and smart homes around the world are further anticipated to further propel the growth of the zig-bee automation market.
On the other hand, the little data transfer speed and the short range network are further estimated to impede the growth of the zig-bee automation market in the coming years. In addition, the rise in the acceptance of internet of things (IoT) and mobile based app around the world will further provide potential opportunities for the growth of the zig-bee automation market in the near future.
This zig-bee automation market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised 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, geographic expansions, technological innovations in the market. To gain more info on the zig-bee automation market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Zig-Bee Automation Market Scope and Market Size
The zig-bee automation market is segmented on the basis of product and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of product, the zig-bee automation market is segmented into ZigBee home automation, ZigBee light link, ZigBee smart energy and others.
- On the basis of application, the zig-bee automation market is segmented into smart homes, connected light, utility and retail services.
Zig-Bee Automation Market Country Level Analysis
The zig-bee automation market is analysed and market size, volume information is provided by country, product and application as referenced above.
The countries covered in the zig-bee automation market report are the U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America dominates the zig-bee automation market due to the majority of the population is opting for industrial automation and smart homes. Furthermore, the increase in the focus of companies that are dealing with the establishment of ZigBee products, and solutions, to the consumers and the need for smarter homes is supported by the decrease in the usage levels of energy which will further boost the growth of the zig-bee automation market in the region during the forecast period. Europe is projected to observe significant amount of growth in the zig-bee automation market due to the increase in the acceptance of the in-car devices that utilize the ZigBee services for connectivity. Moreover, the rise in the population that are demanding smart homes which is further anticipated to further propel the growth of the zig-bee automation market in the region in the coming years.
The country section of the 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 like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the 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 Zig-Bee Automation market Share Analysis
The zig-bee automation 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, regional presence, 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 zig-bee automation market.
The major players covered in the zig-bee automation market report are Digi International Inc., NXP Semiconductors, Renesas Electronics Corporation., Microchip Technologies, STMicroelectronics, Texas Instruments Incorporated., GreenPeak Technologies, Silicon Laboratories., Atmel Corporation, AAC Technologies, Itron Inc., Tendril Networks, Inc., Freescale Semiconductor, Inc., Aclara Technologies LLC., Energate inc., Legrand, Melange Systems Private Limited., MMB Networks, OKi Electric Industry Co., Ltd., SENA Technologies, Inc., Profile Systems Holdings, among other domestic and global players. Market share 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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