Global ZigBee Home Automation Market 2016-2020
About ZigBee-Enabled Devices
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.
Technavio’s analysts forecast the global ZigBee home automation market to grow at a CAGR of 26% during the period 2016-2020.
Covered in this report
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:
Technavio Announces the Publication of its Research Report – Global ZigBee Home Automation Market 2016-2020
Technavio recognizes the following companies as the key players in the global ZigBee home automation market: Atmel, Digi International, Freescale Semiconductor, GreenPeak Technologies, NXP Semiconductors, Silicon Laboratories, STMicroelectronics, and Texas Instruments.
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.
Commenting on the report, an analyst from Technavio’s team said: “Growing inclination toward smart homes will be a key trend for market growth. The smart homes market is expected witness huge growth by 2020, with the rise in the number of smart home connected devices. Many homes in developed nations are being renovated into smart homes, wherein consumer electronic devices, media, and entertainment gadgets and other smart electronics are connected to the home network and can interact with each other. In 2015, there were 111.5 million connected households worldwide, with North America having the highest penetration rate of 23%. Europe is the second fastest growing region in terms of the number of smart homes. APAC is still in its nascent stage. The market in APAC is expected to improve after 2018.”
According to the report, growing number of members in ZigBee Alliance will be a key driver for market growth. The rapidly emerging IoT market worldwide is encouraging various industries to join ZigBee Alliance. The alliance provides global wireless standards. It aids member companies in developing products that are compatible with ZigBee-certified products. As of 2015, the alliance comprises more than 400 members, working together to develop simple and easy-to-use ZigBee standards and products that define the IoT for use in consumer, commercial, and industrial applications. This number is expected to rise further with the growing popularity of ZigBee wireless technology over other OEM technologies.
Further, the report states that Z-Wave is a potential challenger of ZigBee in the global home automation market. Key cloud-based home control providers such as Verizon and ADT support Z-Wave. Z-Wave, which is driven by a mesh network, provides effective power solutions to smart homes. Z-Wave can power sensors that are remotely placed and is a compelling technology that has been functioning for the last many years. Most ZigBee chipset providers use their own operating language for communication, which implies that two ZigBee devices on a mesh network may not be able to communicate because of language differences. For product manufacturing, Z-Wave requires the least number of changes for various reasons:
Atmel, Digi International, Freescale Semiconductor, GreenPeak Technologies, NXP Semiconductors, Silicon Laboratories, STMicroelectronics, Texas Instruments, 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.