In Spite of Risks, Strong Market Growth Forecast for ZigBee in Smart Metering Applications
New forecast in the latest edition of the WTRS Wireless Sensor Network Technology Trends Report projects strong market growth in the smart metering market for ZigBee chipsets to reach 68% CAGR, over the 2009 to 2014 period.
Mountain View, CA (PRWEB) June 22, 2009 -- Smart Metering applications are evolving and becoming standardized today. Among the standards being evaluated, ZigBee and IEEE 802.15.4 have made significant progress penetrating the Smart Metering market application.
"ZigBee plays a strong role in smart metering as one of the primary contenders to connect the stand-alone or meter-integrated AMI (Advanced Metering Infrastructure) gateway into the home, as well as the basis for creating the home area network (HAN) of appliances and electronics that will be networked to the meter," according to Kirsten West principal analyst with WTRS. "The primary risk to market adoption lies with the uncertainty regarding consumer acceptance of these new use cases and options afforded by AMI that include demand response and general electricity usage monitoring."
The newly released report, WTRS Wireless Sensor Network Technology Trends Report, Q3 2009, analyzes the Smart Metering and Home Area Network markets and forecasts the chipset market for both. The report analyzes and forecasts the market for Wireless Sensor Networks and includes a thorough evaluation of emerging Wireless Sensor Network technologies and associated software including ZigBee, Z-Wave, Low Power WiFi, IEEE 802.15.4, and other proprietary options.
The report
. tracks the formation of industry alliances and SIGs
. describes the development of standards
. analyzes the potential market opportunities for component OEMs
. examines initial versus long-range drivers in the market
. analyzes potential partnership opportunities and existing alliances
. contains an in-depth assessment and analysis of chipset features
. evaluates energy harvesting technologies applicable to wireless sensor networks
. analyzes potential markets for wireless sensor network technologies
. evaluates OEM activities
. reviews strategic partnerships and industry trends
The report also provides 5-year forecasts of various emerging wireless sensor network technologies that detail sales volume, unit shipments, and average selling price by vertical market segment as well as by geography. Applications forecast include Agriculture, Building Automation, Consumer, Home Area Network, Industrial Automation, Medical, Security, Smart Metering, and Transportation. Historical price and volume data is also included.
More information at www.wtrs.net/wsntechtrends.htm.
WTRS (West Technology Research Solutions) is a California based research, publishing and consulting company providing the leading viewpoint on emerging wireless technologies, markets and applications. With a ten-year record of successful growth, we're ready to help your company make market decisions and plan for the future.
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