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The infographic below contains key findings from our analysis of the ZigBee home automation market
The global ZigBee home automation market research predicts the market to grow at an impressive CAGR of approximately 26% during the forecast period. The emergence of various ZigBee standards to support IoT devices will be a major ZigBee home automation market driver. The new ZigBee standards address the need for connecting several products like gateways, home appliances, and entertainment systems with a common wireless standard. In 2014, ZigBee Alliance announced the release of its ZigBee 3.0 that enables various products, related to home automation and healthcare to communicate and exchange data, using a sensing device. Furthermore, the ZigBee Remote Control 2.0 operates devices such as air conditioners, lights, thermostats, and security systems from greater distances, eliminating the need for line of sight.
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The evolution of IoT and SSL technologies has transformed the lighting market. Manufacturers are, at present, using semiconductors like LEDs as an alternative to traditional lighting products. The vendors in the lighting industry are collaborating with ZigBee manufacturers to develop internet connected lightbulbs, which are convenient and low-power consuming products.
The global ZigBee home automation market is fragmented with the presence of a number of vendors. The vendors in this market offer a different range of products like lighting, control, appliances, and security based on various standards like ZigBee and Zwave. Suppliers like Silicon Labs, are attempting to increase their technological capabilities to gain maximum shares in the market. The new vendors are adopting M&A strategies to enter the market.
According to the ZigBee home automation market analysis, the key vendors in the market are -
Other prominent vendors in the market are AAC Technologies, Aclara Technologies, Autani, Computime, Energate, HPL Electric and Power, Itron, Legrand, Melange Systems, Microchip Technology, MMB Networks, OKI Semiconductor, Profile Systems, SENA Technologies, Tendril Networks, TimeLox, Trilliant, and Telegesis.
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According to this ZigBee home automation market forecast, the media segment dominated the market and is expected to grow at an impressive CAGR of approximately 15% by 2020. ZigBee enabled set-top-boxes (STB) is the key revenue generator for this market. Also, with the increase in adoption of connected homes, the growth prospects for STBs in this market will have a positive outlook.
In 2015, the Americas dominated the market, accounting for approximately 64% of the ZigBee home automation market share. Factors like the increase in the number of connected households will fuel the market growth in this region. The government agencies and utility companies in the Americas are installing ZigBee smart meters to receive accurate records of consumption of electricity.
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PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Overview of wireless industry alliance
PART 07: Overview of ZigBee standard
PART 08: Market segmentation by application
PART 09: Geographical segmentation
PART 10: Key leading countries
PART 11: Market drivers
PART 12: Impact of drivers
PART 13: Market challenges
PART 14: Impact of drivers and challenges
PART 15: Market trends
PART 16: Vendor landscape
PART 17: Key vendor analysis
PART 18: Appendix
PART 19: Explore Technavio
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