Global ZigBee Remotes Market 2017-2021

Overview of the global ZigBee remotes market

The global ZigBee remotes market is anticipated to grow rapidly and will post a CAGR of close to 47% during the forecast period. The growing membership of ZigBee Alliance will drive the growth prospects for the global ZigBee remotes market until the end of 2021. The ZigBee Alliance offers global wireless standards, which encourages various organizations from different industries to join them. Also, the ZigBee Alliance supports helps manufacturers develop products that are compatible with ZigBee certified products. It has been noted that the more than 400 participating members are associated with this alliance to collaborate and develop the simple and easy-to-use ZigBee products. These products are used for consumer, commercial, and industrial applications. Moreover, the Alliance membership consists of three levels, including promoter, participant, and adopter members. Some of the organizations operating across different industries that have tie-ups with the ZigBee Alliance are NXP Semiconductors, Wulian, and SmartThings.

The increasing need for low energy wireless technology will drive the growth prospects for the global ZigBee remotes market in the forthcoming years. In general, high-power-consuming batteries are not environment-friendly because they contain harmful chemical and heavy metal content. Also, the mining process for these batteries consumes plenty of water, energy, and chemicals that result in heavy carbon footprint. ZigBee is the optimum substitute for the batteries as it counters these disadvantages related to manufacturing, distribution, and disposal.

Competitive landscape and key vendors

The global ZigBee remotes market is highly competitive and diversified due to the presence of a large number of regional and international vendors across the globe. To sustain themselves in the market, these vendors are increasingly investing in smart devices and integrated advanced electronic components such as ZigBee chip on consumer electronic devices.

Key vendors in this market are -

• Atmel
• GreenPeak Technologies
• NXP Semiconductors
• Silicon Laboratories
• SMK Electronics
• STMicroelectronics
• Texas Instruments
• Universal Electronics
• Universal Remote Control

Segmentation by geography and analysis of the ZigBee remotes market

• Americas
• APAC
• EMEA

In terms of geography, APAC accounted for the maximum market share in 2016 and will continue to dominate the market for the next few years. One of the major factors responsible for the market’s growth in the region is the high demand for ZigBee remotes that is witnessed in the region. In addition, the high adoption of ZigBee remotes by the major smart TV, STB, home theater equipment, and gaming console manufacturers in this region is another factor leading to their increased demand.

Growth drivers, challenges, and upcoming trends: Increasing inclination toward smart homes

Since ZigBee has advantages such as low power consumption, security, and interoperability, it is considered to be one of the most reliable and cost-effective technologies for connecting the world of smart home controllers by industry participants.

This report provides a number of factors contributing to the adoption, limitations, and opportunities of the global ZigBee remotes market. It also offers an analysis of each factor and an estimation of the extent to which the factors are likely to impact the overall market growth.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global ZigBee remotes market?
• What are the key market trends impacting the growth of the global ZigBee remotes market?
• What are the challenges to market growth?
• Who are the key vendors in the global ZigBee remotes market?
• What are the market opportunities and threats faced by the vendors in the global ZigBee remotes market?
• What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
• What are the key outcomes of the five forces analysis of the global ZigBee remotes market?

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