Global Wi-SUN Technology Market Overview:
Wi-SUN Technology is the wireless smart utility network that enables wireless connectivity between the smart devices, with the rising smart city initiatives, the demand for Wi-SUN technology is seeing growth. It enhances the IoT network use in home energy management commercial applications, distribution automation, and other advanced network applications. This technology provides optimum energy consumption, with energy efficiency and secured communications.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Introduction of Smart Grid Technology in Various Industrial Applications and Rising Government Initiative for Smart Technology in Commercial Applications
Market Growth Drivers:
Deman for the Smart Cities and Smart Systems for Optimum Use of Energy and Growing Need for Low Level of Power Consumption to WIrless Communication
Challenges:
High-Cost Investment in the Wi-SUN Technology and its Complex Maintenance
Restraints:
Security-Related Problems Associated with Wi-SUN Technology
Opportunities:
Upsurgig Production of IoT Devices and its Uses in Every Industry will Boost the Wi-SUN Technology Market
Competitive Landscape:
Some of the key players profiled in the report are Texas Instruments Incorporated (United States), Cisco Systems, Inc. (United States), Fuji Electric Co., Ltd. (Japan), Analog Devices, Inc. (United States), Renesas Electronics Corporation (Japan), Rohm Semiconductor (Japan), Trilliant Networks, Inc. (United States), Landis+Gyr (Switzerland), Murata Manufacturing Co., Ltd. (Japan) and Itron (United States). Considering Market by Components, the sub-segment i.e. Hardware will boost the Wi-SUN Technology market. Considering Market by Frequency, the sub-segment i.e. 868 MHz (EU) will boost the Wi-SUN Technology market.
On 12th March 2020, Renesas Electronics Corporation announced that its RL78/G1H-based sub-gigahertz (sub-GHz) wireless solution has received certification under the Wireless Smart Ubiquitous Network for Field Area Network profile (Wi-SUN FAN) which is one of the communication standards established by the Wi-SUN Alliance. This is an addition to Renesas’ existing high-end dual-chip solution comprising RX651 microcontroller (MCU) and RAA604S00 wireless communications IC, expanding the company’s Wi-SUN FAN-compliant portfolio.
What Can be Explored with the Wi-SUN Technology Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Wi-SUN Technology Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Wi-SUN Technology
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Wi-SUN Technology market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Wi-SUN Technology market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Wi-SUN Technology Developers, Wi-SUN Technology Industry Association, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.