Product Code: CMI6117
The global Z-wave products market size was estimated at US$ 11.20 billion in 2023, and is projected to reach US$ 26.67 billion by 2030, growing at a CAGR of 13.20% from 2023 to 2030.
Report Coverage |
Report Details |
Base Year: |
2022 |
Market Size in 2023: |
US$ 11.20 Bn |
Historical Data for: |
2018 to 2021 |
Forecast Period: |
2023 - 2030 |
Forecast Period 2023 to 2030 CAGR: |
13.20% |
2030 Value Projection: |
US$ 26.67 Bn |
It is a mesh network that communicates from device to device using low-energy radio waves, enabling wireless control of smart home appliances like smart lights, security systems, thermostats, sensors, smart door locks, and garage door openers.
Market Dynamics
Interoperability, low power consumption, and secure communication is anticipated to drive growth of the global Z-wave products market over the forecast period. Moreover, mature ecosystem is also expected to boost growth of the global Z-wave products market over the forecast period. Expanded smart home adoption, enterprise and industrial applications, and energy efficiency initiatives are expected to create growth opportunities for the global Z-wave products market during the forecast period.
However, competition from other connectivity standards, limited range and bandwidth, costs and higher cost are expected to hamper growth of the global Z-wave products market over the forecast period.
Key features of the study:
- This report provides in-depth analysis of the global Z-wave products market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2023-2030), considering 2022 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global Z-wave products market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Silicon Labs, Aeotec (formerly Aeon Labs), Fibaro, Qolsys, Zooz, HomeSeer, Leviton, Everspring, Vision Security, Jasco (GE/Jasco).
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global Z-wave products market market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global Z-wave products market
Detailed Segmentation:
- Global Z-wave Products Market, By Application Type:
- Smart Home Appliances
- Lighting and Control
- Climate Control
- Security and Safety
- Energy Management
- Global Z-wave Products Market, By End User Sector:
- Global Z-wave Products Market, By Distribution Channel:
- Online Retailers
- Offline Retailers
- Direct Sales
- Global Z-wave Products Market, By Price Range:
- Global Z-wave Products Market, By Compatibility and Ecosystem:
- Z-Wave Certified
- Z-Wave Plus
- Global Z-wave Products Market, By Device Type:
- Controllers/Gateway
- End Devices
- Global Z-wave Products Market, By Geography:
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Company Profiles:
- Silicon Labs
- Aeotec (formerly Aeon Labs)
- Fibaro
- Qolsys
- Zooz
- HomeSeer
- Leviton
- Everspring
- Vision Security
- Jasco (GE/Jasco)
Table of Content
1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snapshot, By Application Type
- Market Snapshot, By End User Sector
- Market Snapshot, By Distribution Channel
- Market Snapshot, By Price Range
- Market Snapshot, By Compatibility and Ecosystem
- Market Snapshot, By Device Type
- Market Snapshot, By Region
- Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Low power consumption
- Limited range and bandwidth
- Energy efficiency initiatives
- Impact Analysis
- Key Highlights
- Regulatory Scenario
- Product launch/Approvals
- PEST Analysis
- PORTER's Analysis
- Merger and Acquisition Scenario
4. Global Z-wave Products Market - Impact of Coronavirus (COVID-19) Pandemic
- COVID-19 Epidemiology
- Supply Side and Demand Side Analysis
- Economic Impact
5. Global Z-wave Products Market , By Application Type, 2023-2030, (US$ Bn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
- Smart Home Appliances
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
- Lighting and Control
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
- Climate Control
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
- Security and Safety
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
- Energy Management
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
6. Global Z-wave Products Market , By End User Sector, 2023-2030, (US$ Bn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
- Residential
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
- Commercial
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
7. Global Z-wave Products Market , By Distribution Channel, 2023-2030, (US$ Bn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
- Online Retailers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
- Offline Retailers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
- Direct Sales
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
8. Global Z-wave Products Market , By Price Range, 2023-2030, (US$ Bn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
- Premium
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
- Mid-range
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
- Budget
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
9. Global Z-wave Products Market , By Compatibility and Ecosystem, 2023-2030, (US$ Bn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
- Z-Wave Certified
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
- Z-Wave Plus
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
10. Global Z-wave Products Market , By Device Type, 2023-2030, (US$ Bn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
- Controllers/Gateway
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
- End Devices
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
11. Global Z-wave Products Market , By Region, 2023-2030, (US$ Bn)
- Introduction
- Market Share Analysis, By Country, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, For Country 2018 -2030
- Country Trends
- North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Application Type, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User Sector, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Price Range, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Compatibility and Ecosystem, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Device Type, 2023-2030,(US$ Bn)
- Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Application Type, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User Sector, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Price Range, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Compatibility and Ecosystem, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Device Type, 2023-2030,(US$ Bn)
- Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Application Type, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User Sector, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Price Range, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Compatibility and Ecosystem, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Device Type, 2023-2030,(US$ Bn)
- Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Application Type, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User Sector, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Price Range, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Compatibility and Ecosystem, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Device Type, 2023-2030,(US$ Bn)
- Middle East & Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Application Type, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User Sector, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Price Range, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Compatibility and Ecosystem, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Device Type, 2023-2030,(US$ Bn)
12. Competitive Landscape
- Silicon Labs
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Aeotec (formerly Aeon Labs)
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Fibaro
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Qolsys
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Zooz
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- HomeSeer
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Leviton
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Everspring
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Vision Security
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Jasco (GE/Jasco)
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Analyst Views
13. Section
- Research Methodology
- About us