Report Scope & Overview:
Zigbee Market Size was valued at USD 4 billion in 2022 and is expected to reach USD 7.78 billion by 2030, and grow at a CAGR of 8.65% over the forecast period 2023-2030. The majority of industries today are wireless, and data transfer using this wireless network technology is known as ZigBee. One of the most notable characteristics of the ZigBee Automation Market is that it uses low power levels and is widely used in applications such as alarms and multiple control systems. ZigBee Technology can also be used in lighting controls and other industrial applications. This technology, which has a range of 50-100 metres, is one of the best communication systems available. In terms of short-range wireless network, this is far superior to Bluetooth or WiFi.
Furthermore, the growing global demand for smart cities and smart homes drives the demand for smart consumer electronics and connected devices that use ZigBee technology, driving ZigBee market growth.
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MARKET DYNAMICS:
KEY DRIVERS:
Low levels of energy consumption
RESTRAINTS:
This will be covered under the final version of the report.
OPPORTUNITIES:
Target audience
Smart homes
Solutions for the customer electronics.
Wireless connection
CHALLENGES:
This will be covered under the final version of the report.
IMPACT OF COVID-19:
Since the COVID-19 virus outbreak in December 2019, the disease has spread to nearly 180+ countries worldwide, prompting the WHO to declare it a public health emergency. The disease's effects are beginning to be felt around the world, and the ZigBee market is expected to be affected by 2020. Although governments have imposed closures to accommodate the virus's spread, all businesses have been closed, and many companies have begun working from home to accommodate employees, increasing demand for ZigBee technology.
MARKET ESTIMATION:
BY APPLICATION Domestic and industrial automation, telecommunications and retail services, the health sector, and smart energy are all examples of market applications. However, smart energy is divided into intelligent grid, meter, and many other component. The smart housing and construction industry demonstrates that it is expanding due to the emergence of automation in the sector. ZigBee employs both direct and group transfer methods, as well as extension addresses.
COMPETITIVE LANDSCAPE:
Key players in Zigbee Market are California Eastern Laboratories, Digi International, Dresden Elektronik, Electronics Corporation, GreenPeak Technologies, STMicroelectronics, Texas Instruments Inc., Renesas STMicroelectronics, Silicon Laboratories, Microchip Technology, NXP Semiconductors N.V, Nivis and Other.
MARKET SEGMENTATION:
BY APPLICATION
Home Automation
Telecommunication Services
Healthcare
Industrial Automation
Retail
Others
BY STANDARD
ZigBee RF4CE
ZigBee
ZigBee PRO
ZigBee 3.0
ZigBee remote control 2.0
ZigBee IP
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REGIONAL ANALYSIS:
North America is expected to dominate the ZigBee market in terms of size. North America has the highest number of people changing industries, as well as the greatest demand for smart homes. In addition, the region has a large number of companies that specialize in providing customers with ZigBee products and solutions. Europe, is expected to grow at a promising rate by the end of the global forecast for 2028. The European market is seeing the adoption of ZigBee-enabled automotive equipment. communication. Furthermore, the population is in desperate need of smart homes. Following Europe, the APAC region is expected to grow rapidly. This region is witnessing a new trend in the adoption of smart services, as well as consumer electronics companies.
REGIONAL COVERAGE:
North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
south Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
Report Attributes | Details |
---|---|
Market Size in 2022 | US$ 4 Billion |
Market Size by 2030 | US$ 7.78 Billion |
CAGR | CAGR of 8.65% From 2023 to 2030 |
Base Year | 2022 |
Forecast Period | 2023-2030 |
Historical Data | 2020-2021 |
Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
Key Segments | • By Application (Microchip Technology, NXP Semiconductors N.V, Nivis) • By Standard (Zigbee RF4CE, Zigbee, Zigbee PRO, Zigbee 3.0, Zigbee Remote Control 2.0, Zigbee IP) |
Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
Company Profiles | California Eastern Laboratories, Digi International, Dresden Elektronik, Electronics Corporation, GreenPeak Technologies, STMicroelectronics, Texas Instruments Inc. |
Key Drivers | • Low levels of energy consumption • IOT technology |
OPPORTUNITIES | • Target audience • Smart homes |
The ZigBee Market size was valued at 3.69 billion in 2021 at a CAGR of 8.6%.
Low level of energy consumption and IOT technology are the drivers of ZigBee Market.
The North America region is expected to dominate the ZigBee Market.
Yes, and they are Raw material vendors, Distributors/traders/wholesalers/suppliers, Regulatory authorities, including government agencies and NGO, Commercial research & development (R&D) institutions, Importers and exporters, Government organizations, research organizations, and consulting firms, Trade/Industrial associations, End-use industries.
Manufacturers, Consultants, Association, Research Institutes, private and university libraries, suppliers, and distributors of the product.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Zigbee Market Segmentation, by Application
8.1Introduction
8.2 Home Automation
8.3 Telecommunication Services
8.4 Healthcare
8.5 Industrial Automation
8.6 Retail
8.7 Others
9. Zigbee Market Segmentation, by Standard
9.1 Introduction
9.2 ZigBee RF4CE
9.3 ZigBee
9.4 ZigBee PRO
9.5 ZigBee 3.0
9.6 ZigBee remote control 2.0
9.7 ZigBee IP
9.8 Other
10. Regional Analysis
10.1 Introduction
10.2 North America
10.2.1 USA
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 France
10.3.4 Italy
10.3.5 Spain
10.3.6 The Netherlands
10.3.7 Rest of Europe
10.4 Asia-Pacific
10.4.1 Japan
10.4.2 South Korea
10.4.3 China
10.4.4 India
10.4.5 Australia
10.4.6 Rest of Asia-Pacific
10.5 The Middle East & Africa
10.5.1 Israel
10.5.2 UAE
10.5.3 South Africa
10.5.4 Rest
10.6 Latin America
10.6.1 Brazil
10.6.2 Argentina
10.6.3 Rest of Latin America
11.Company Profiles
11.1 HITACHI LTD.
11.1.1 Financial
11.1.2 Products/ Services Offered
11.1.3 SWOT Analysis
11.1.4 The SNS view
11.2 California Eastern Laboratories
11.3 Digi International
11.4 Dresden Elektronik
11.5 Electronics Corporation
11.6 GreenPeak Technologies
11.7 STMicroelectronics
11.8 Texas Instruments Inc.
11.9 Renesas STMicroelectronics
11.10 Silicon Laboratories
11.11 Microchip Technology
11.12 NXP Semiconductors N.V
11.13 Nivis
12.Competitive Landscape
12.1 Competitive Benchmark
12.2 Market Share analysis
12.3 Recent Developments
13. Conclusion
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