Global Wi-SUN Devices Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Wi-SUN Devices Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Wi-SUN (Wireless Smart Ubiquitous Network) technology is based on the open specifications of IEEE 802.15.4g, IEEE 802 and IETF IPv6 standards. Wi-SUN enables seamless connectivity between smart grid devices. Wi-SUN supports large-scale outdoor IoT network applications, including FAN (Field Area Network) and HAN (Home Area Network). Wi-SUN devices such as energy management (HEMS) controllers are conducive to building a wide-area large-scale Internet of Things.

Market Overview:

The latest research study on the global Wi-SUN Devices market finds that the global Wi-SUN Devices market reached a value of USD 330.56 million in 2022. It’s expected that the market will achieve USD 1666.05 million by 2028, exhibiting a CAGR of 30.94% during the forecast period.

Driven by downstream market demand

Wi-SUN brings intelligent ubiquitous networking to service providers, utilities, governments and other enterprises by enabling interoperable, multi-service and secure wireless mesh networks. Wi-SUN has the characteristics of longer communication distance than Wi-Fi and faster data transmission speed than LoRa WAN and Sigfox. Because of its moderate rate and transmission distance, and does not depend on the base station, it is a suitable wireless communication standard. As the infrastructure of smart utility and smart city networks continues to expand, more and more items will need to communicate with each other. The growing application of WI-SUN technology in utilities and smart cities will increase the demand for Wi-SUN Devices.

In addition, under the dual drive of policies and markets, the photovoltaic industry has become the focus of the new energy market. Wi-SUN provides flexibility in terms of data rate and energy consumption, and its high security, reliable connectivity, resilience in the event of failure or changing conditions, etc. meet the development needs of photovoltaic scenarios. Generally speaking, the demand for Wi-SUN Devices in the downstream market is driving the development of the Wi-SUN Devices industry.

Complexity and high cost of terminal equipment

Wi-SUN uses a full mesh topology for wireless communication between devices. The Wi-SUN network architecture is composed of routers and other Wi-SUN Devices connected.

Since the wireless mesh network architecture is independent of base stations, this makes the transmission, reception and routing algorithms more complex compared to cellular or other star wireless communications. Moreover, the lack of a centralized system for monitoring and control purposes results in less robust troubleshooting measures, and its complex architecture further increases the cost of the terminal equipment, thereby slowing down its adoption rate while adversely affecting its market growth .

Market competition intensifies

With the rapid development of the Internet of Things technology and downstream application market, there are many large enterprises in the field of Wi-SUN Devices, and the market competition is further intensified. If the company cannot continue to strengthen its core competitiveness, the company will be in a disadvantageous position in the increasingly fierce market competition, which may have a certain adverse impact on the company's operating performance. In addition, during the development and production of Wi-SUN Devices, the company needs to invest a certain amount of manpower and capital, and large enterprises have certain advantages in technology and capital. With the intensification of market competition, it will be more unfavorable for new entrants to enter the industry.

Region Overview:

In 2021, the share of the Wi-SUN Devices market in North America stood at 40.21%.

Company Overview:

Cisco Systems Inc. is one of the major players operating in the Wi-SUN Devices market, holding a share of 13.32% in 2022.

Cisco Systems Inc.designs, manufactures, and sells Internet Protocol (IP)-based networking and other products related to the communications and information technology (IT) industry and provide services associated with these products and their use. The Company provides products for transporting data, voice, and video within buildings, across campuses, and globally.

Itron Inc. is an American technology company. Itron Inc. provides solutions for collecting, communicating and analyzing electricity, natural gas and water usage data. The company sells its products to the utility industry.

Landis+Gyr has long been an industry leader in energy management solutions. The company provides metering infrastructure and other cutting-edge smart grid technologies that help utilities around the world improve operations, protect assets and reduce operating costs. Landis+Gyr designs, manufactures and sells residential, commercial, industrial and grid meters and more. Landis + Gyr operates globally.

Segmentation Overview:

By type, Adapters and HEMS Controllers segment accounted for the largest share of market in 2021.

Bridges and Gateways

Bridges and gateways are the backbone devices of a network. A bridge is a network device that works at the data link layer. Bridge connects two different LANs working with the same protocol. Gateways have a wider scope than bridges. It operates above the link layer and translates the interfaces and protocols used by one network to those used by a different network when needed. Gateways allow data to be transferred between the various networks that make up the Internet.

RF Modules/Transceivers

The RF Module is used to transmit and/or receive radio signals between two devices. RF Module is one of the modules of the reader system, which is responsible for loading and transmitting radio frequency signals and processing the returned data signals and sending them to the intelligent unit of the reader. Transceivers are the cornerstone of wireless communications. Transceivers are capable of sending and receiving data.

Adapters and HEMS Controllers

An adapter is an interface converter, which can be a self-contained hardware interface device that allows a hardware or electrical interface to connect to another hardware or electrical interface. A HEMS controller acts as a hub between the utility company and the home appliance.

Routers

Routers are devices that can connect two or more packet-switched networks or subnets.

Application Overview:

The market's largest segment by application is the segment Home Area Network (HAN), with a market share of 52.32% in 2021.

Field Area Network (FAN)

Field Area Network (FAN) is a highly robust, low power wireless mesh network for IoT. Field Area Networks (FAN) can be used to collect and analyze energy distribution data and interact with advanced energy distribution equipment by providing various communication media on demand or on a predefined schedule.

Home Area Network (HAN)

Home Area Network (HAN) is a network in a user's home where all laptops, computers, smartphones and other smart appliances and digital devices are connected to one network. A Home Area Network (HAN) enables communication and sharing of resources between smart devices over a network connection.

Key Companies in the global Wi-SUN Devices market covered in Chapter 3:

Hexing Electrical Co. Ltd
TI
Itron Inc.
Rohm Semiconductor
Landis+ Gyr
Cimcon Lighting Inc.
Adsol Nissin Archives 
Murata Manufacturing Co., Ltd
Renesas Electronics Corporation
Lierda
Toshiba Corporation
Vertexcom Technologies, Inc. 
Cisco Systems Inc.

In Chapter 4 and Chapter 14.2, on the basis of types, the Wi-SUN Devices market from 2018 to 2029 is primarily split into:

Bridges and Gateways
RF Modules/Transceivers
Adapters and HEMS Controllers
Routers
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Wi-SUN Devices market from 2018 to 2029 covers:

Field Area Network (FAN)
Home Area Network (HAN)
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)