Z-Wave was developed by Zensys as a proprietary wireless standard, which was later acquired by Sigma Designs in 2008. Z-Wave is a wireless home automation protocol which runs on 908.42 MHz frequency band. Z-Wave technology works on the principle of mesh network technology, which means that one Z-Wave product will pass the signal to another until it reaches its intended destination. Z-Wave technology uses low-power radio embedded or retrofitted RF signals in home -electronics devices and systems such as home entertainments andhousehold appliances, among others.
This report contains market size and forecasts of Z-Wave Automation in Global, including the following market information:
Global Z-Wave Automation Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Z-Wave Automation market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Lightings Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Z-Wave Automation include Sigma Designs, Honeywell, LG, Fakro, ADT Corporation, 10+, Aeotec, Baldwin and D-Link, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Z-Wave Automation companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Z-Wave Automation Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Z-Wave Automation Market Segment Percentages, by Type, 2021 (%)
Lightings
Remote Controls
Security & Alarm
Smart Meters
Thermostats
Shade & Motor Control
Others
Global Z-Wave Automation Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Z-Wave Automation Market Segment Percentages, by Application, 2021 (%)
Residential
Commercial
Global Z-Wave Automation Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Z-Wave Automation Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Z-Wave Automation revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Z-Wave Automation revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Sigma Designs
Honeywell
LG
Fakro
ADT Corporation
10+
Aeotec
Baldwin
D-Link
Danfoss
Flextronics
Verizon
ZyXEL
Mitsumi Electric Co. Ltd.
GE
Lutron
Samsung