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Global ZigBee Home Automation Market to grow at a CAGR of 26% during Forecast period 2016-2020

04-10-2017 12:46 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: researchmoz.us

Global ZigBee Home Automation Market to grow at a CAGR of 26%

Albany, NY, April 10, 2017: ZigBee-enabled devices in home automation is gaining a lot of traction with high growth rates in application segments like smart lighting, media, and security. Vendors like Midea Group, a manufacturer of electrical appliances, have joined ZigBee Alliance, in view of the potential of the market. Low power sensors consume less power and allow device to get connected, which have substantial growth opportunities in smart home automation. Protocols like ZigBee and Thread are the most prominent in the market. The market for smart home automation is growing at a slow rate. As a result, vendors like GreenPeak are trying to increase awareness about the market and developing solutions, which facilitate both protocols. The company's GP712, a small footprint 24 pin quad flat no-lead (QFN) package (radio chip), facilitates both ZigBee and Thread technologies to support the increasing demand for smart home automation in devices like STBs and gateways.

The global ZigBee home automation market to grow at a CAGR of 26% during the period 2016-2020. The report covers the present scenario and the growth prospects of the global ZigBee home automation market for 2016-2020. To calculate the market size, the report considers the number of unit shipments of ZigBee-enabled home automation devices like connected bulbs, smart lighting systems, on/off switches, dimmable lights, color dimmable lights, dimmer switches, color dimmer switches, light sensors, heating/cooling units, smart thermostats, door locks, door lock controllers, home gateway/energy management systems, intruder alarm system (IAS) control and indicating equipment, STBs, smart remotes, occupancy sensors to end-users, including residential customers and commercial customers that are focused on reducing energy consumption.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

Get a Sample Research PDF with TOC: http://www.researchmoz.us/enquiry.php?type=S&repid=810447

Technavio's report, Global ZigBee Home Automation Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Atmel
- Digi International
- Freescale Semiconductor
- GreenPeak Technologies
- NXP Semiconductors
- Silicon Laboratories
- STMicroelectronics
- Texas Instruments

Other prominent vendors
- 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
- Telegesis

Enquiry at: http://www.researchmoz.us/enquiry.php?type=E&repid=810447

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Browse detailed report description at: http://www.researchmoz.us/global-zigbee-home-automation-market-2016-2020-report.html

ResearchMoz is the world’s fastest growing collection of market research reports worldwide. Our database is composed of current market studies from over 100 featured publishers worldwide. Our market research databases integrate statistics with analysis from global, regional, country and company perspectives. ResearchMoz’s service portfolio also includes value-added services such as market research customization, competitive landscaping, and in-depth surveys, delivered by a team of experienced Research Coordinators.

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