Global Zigbee Modules (802.15.4) market cagr 15.8%

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Zigbee Modules (802.15.4)

Market

Zigbee Modules (802.15.4) Market Scope: Industry

Analysis, Market Size, Growth, Trends Till 2031

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Zigbee Modules (802.15.4) Market Size and Growth

The Zigbee Modules (802.15.4) market is experiencing significant growth, driven by increasing demand for IoT applications and smart home devices. The global market size is projected to reach approximately $3 billion by 2026, reflecting a compound annual growth rate (CAGR) of over 20%, highlighting robust advancements in wireless communication technology.

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Companies Covered

(Covid 19 Impact Covered)

◍ Atmel

◍ Digi International

◍ Silicon Laboratories

◍ Microchip

◍ Murata

◍ Texas Instruments

◍ B&B Electronics

◍ Honeywell

◍ Panasonic

◍ Schneider Electric

◍ NXP Semiconductors

◍ ON Semiconductor

◍ TE Connectivity

◍ LS Research (LSR)

◍ Seeed Studio

◍ CEL

◍ Parallax

The Zigbee Modules (802.15.4) market features companies like Atmel, Digi International, and Silicon Laboratories, which develop modules for IoT applications. These firms enhance market growth through innovative products and integrations. Notable sales figures include:

- Microchip: Approx. $3 billion (2022)

- Texas Instruments: Approx. $18 billion (2022)

- Honeywell: Approx. $36 billion (2022)

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Market Segmentation

By Application

◍ Smart Home

◍ Building Automation

◍ Agricultural

◍ Mining Industry

◍ Others

By Product

◍ 2.4GHz ZigBee Modules

◍ 900MHz ZigBee Modules

◍ 868MHz ZigBee Modules

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Market Growth

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$ X Billion USD

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