ZigBee Home Automation Market is the Expected Exponential Growth at a CAGR of 15.2% by 2028 |Honeywell, – EIN News

ZigBee Home Automation Market is the Expected Exponential Growth at a CAGR of 15.2% by 2028 |Honeywell, – EIN News

ZigBee Home Automation

#3200,SEATTLE, WASHINGTION , UNITED STATES, December 29, 2021 /EINPresswire.com/ — The Global ZigBee Home Automation Market was valued at US$ 1,298.7 Mn in 2020 and is expected to reach US$ 3,846.4 Mn by 2028 at a CAGR of 15.2% between 2021 and 2028.

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Rapid urbanization in the Asia Pacific and Africa’s growing economies is predicted to drive the growth of the “ZigBee home automation market” over the forecast period. High economic growth, as well as a developing real estate and construction sector, are driving market growth in the Asia Pacific region. Furthermore, the large population of nations like India and China is a positive element for the home construction business. Smart city developments in India and China are projected to boost demand for home automation systems. This research also includes important insights into market drivers, constraints, opportunities, new product launches or approvals, geographical outlook, and competition strategies employed by the major market players. The global ZigBee home automation market study addresses a wide range of industry stakeholders, including investors, suppliers, managed service providers, third-party service providers, distributors, new entrants, and value-added resellers.

The ZigBee Home Automation Market report investigates the present market scenario and the fundamental growth prospects. The report offers an up-to-date analysis regarding the current business scenario, the latest trends, scope, opportunities, and regional drivers of the overall market environment. The competitive perspective section of the report presents a clear insight into the market share analysis of the major players in the industry.

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NXP Semiconductors, Renesas Electronics Corporation, STMicroelectronics, Texas Instruments Incorporated, HDL Automation, Hogar Controls, Honeywell International, Inc., Control4, Legrand, Silicon Laboratories, Signify N.V., Somfy Systems Inc., LEEDARSON, Maven Systems Pvt. Ltd., TIS Control Limited, Microchip Technology Inc., Digi International Inc., and Thales Group.

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➡ This report gives a pinpoint factor assessment and Comprehensive study with recent developments.
➡ Detailed information on factors that will assist industry growth during the next five years
➡ It offers a study about trending factors that will impact the advancement of the Global ZigBee Home Automation Market.
➡ It gives pin factor projection of converting competition dynamics and keeps you in advance of competitors
➡ It offers accurate estimations about market size, share, demand, growth over the projected timeline of 2020-2027.
➡ It allows dynamic changes according to trends.
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Global ZigBee Home Automation Market, By Component:
⁍ Single-chip Solutions
⁍ Transceivers
⁍ Modules
⁍ Microcontrollers
⁍ Others

Global ZigBee Home Automation Market, By Product Type:
⁍ Full Function Devices (FFDs)
⁍ Low Cost Reduced Function Endpoint Devices (RFDs)

Global ZigBee Home Automation Market, By Application:
⁍ Entertainment
⁍ Virtual Personal Assistant
⁍ Speakers/Audio Distribution
⁍ Others

Security & Surveillance Systems
⁍ Alarms
⁍ Door Locks
⁍ Door/Window Sensor
⁍ Security Camera
⁍ Others

⁍ Lighting
⁍ Smart Bulbs
⁍ Smart Switches
⁍ Others

⁍ HVAC Controls
⁍ Energy Monitoring
⁍ Smart Meter
⁍ Others

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Source: https://www.einnews.com/pr_news/559417992/zigbee-home-automation-market-is-the-expected-exponential-growth-at-a-cagr-of-15-2-by-2028-honeywell-control4-hdl

Home Automation