Global ZigBee Enabled Devices Market 2014-2018 - a new market research report on companiesandmarkets.com
PR-Inside.com: 2014-04-30 08:59:01
The different benefits of ZigBee technology, such as its low cost, low power, and high reliability, is leading to its rapid adoption by consumer product manufacturers. The increasing deployment of this technology in consumer electronics and smart home devices is expected to lead the growth of the market during the forecast period. ZigBee set-top boxes are expected to be the major consumer product that will contribute to the market growth in the future. Compulsory digitization of TV has increased the shipment of set-top boxes across the globe. The deployment of ZigBee technology in set-top boxes is expected to increase with the growth of the Global Set-top Box market and the popularity of ZigBee technology.
One of the key growth drivers is the extended battery life and power-saving capabilities of ZigBee technology. The ZigBee standard defines a power-save mechanism which allows both controller nodes and target nodes to enter into a power-saving mode and manage their power consumption.
In addition, competing technologies, such as EnOcean, Bluetooth, and Z-Wave, are posing a threat to the growth of ZigBee technology and hindering the growth of the market.
The key players operating in the global ZigBee enabled devices market include Atmel Corp., Digi International Inc., Freescale Semiconductor Inc., NXP Semiconductors N.V, Renesas Electronics Corp., Silicon Laboratories Inc., STMicroelectronics N.V., and Texas Instruments Inc.
The global ZigBee enabled devices market is forecast to expand at a CAGR of 67.64 percent over the period 2013-2018. One of the key factors contributing to this market growth is extended battery life and power saving. The global ZigBee enabled devices market has also been witnessing the increasing deployment of consumer-facing application devices with ZigBee technology. However, the threat of competing technologies could pose a challenge to the growth of this market.
Other vendors operating in the market include AAC Technologies Pte. Ltd., Aclara Technologies LLC, Alertme.com Ltd., Autani Corp., Cirronet Inc., Computime Ltd., Converge Inc., Crossbow Technology Inc., Ember Corp., Energate Inc., Greenbox Technology Inc., GreenPeak Technologies B.V., Helicomm Inc., HPL Electric & Power Pvt. Ltd., Integration Associates Inc., Itron Inc., Landis+Gyr AG, Legrand SA, LS Industrial Systems Co. Ltd., MaxStream Inc., Melange Systems Pvt. Ltd., MMB Networks Inc., Microchip Technology Inc., Oki Semiconductor Co. Ltd., Profile Systems LLC, SENA Technologies Inc., Telegesis Ltd., Tendrill Networks Inc., Timelox AB, and Trilliant Inc.
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