What is ZigBee enabled Lighting Market?
Zigbee enabled lighting designed specifically for consumer lighting that allows consumers to change lighting based on preference, season, ambiance, task, or energy efficiency, and it does not require a special coordinator or configured device on the edge to manage the network. It is a technology developed by a global alliance of companies to create wireless solutions for energy management.
The market study is being classified by Type (ZigBee Lamps and ZigBee Luminaires), by Application (Public And Commercial and Residential) and major geographies with country level break-up.
Belkin International, Inc. (United States), Cree Inc. (United States), Osram Licht AG (Germany), Acuity Brands, Inc. (United States), General Electric (United States), Hubbell Incorporated (United States), Koninklijke Philips N.V. (Netherlands) and Samsung Group (South Korea) are some of the key players profiled in the study.
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain competitive advantage through combined collaborations. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global ZigBee enabled Lighting market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global ZigBee enabled Lighting market by Type, Application and Region.
On the basis of geography, the market of ZigBee enabled Lighting has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- High Benefits and Increased Applications of ZigBee enabled Lighting
- Technological Advancements in the Lighting Systems
Market Trend
- Robust Increase in the Distribution Channels
Restraints
- Fluctuations in the Raw Material Prices
Opportunities
- Growth in the Electronics Industry
- Growing E-Commerce Industry Worldwide
Challenges
- Cost Associated with ZigBee enabled Lighting
Key Target Audience
ZigBee enabled Lighting Manufactures, Raw Material Suppliers, Distributors, Emerging Companies and End-users