Articles Tagged with ''smart thermostats''

Jan. 27, 2015: Carrier and ecobee Expand Their Strategic Relationship

Combines Carrier’s Heating and Cooling Expertise with ecobee’s Leadership in Smart Thermostats

Carrier Corp. announced that it has made a minority equity investment in ecobee Inc., marking an expansion in the parties’ strategic relationship following their collaboration to create the new Wi-Fi-enabled Carrier® Côr™ thermostat.


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Jan. 19, 2015: The Number of Homes with Smart Thermostats Doubled in 2014

North American Market Recorded 107 Percent Growth; European Market Grew 96 Percent

The number of homes in North America and Europe with a smart thermostat grew by 105 percent to 3.2 million in 2014, according to a new research report from Berg Insight. The North American market recorded 107 percent growth while the European market grew by 96 percent.


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Jan. 14, 2015: Smart Thermostats to Reach Nearly $2.3 Billion in Annual Revenue by 2023

Interest Is Growing Among Utilities, Businesses, and Consumers, Says Report

After only a handful of years in existence, the market for smart thermostats is now poised for growth, says Navigant Research. This market is being driven by the advent of a range of innovative devices and software that appeal to a variety of customer segments, particularly in North America and Europe.


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NEWSmakers Q+A:

Emerson’s Purvis Shares HVACR’s Thoughts

Purvis, the executive vice president and business leader of Emerson Climate Technologies Inc. and incoming chairman of AHRI, discussed HVACR industry trends, the strength of the industry, and Emerson’s new innovation center with Gargaro.


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Oct. 21, 2014: Shipments of Smart Thermostats Expected to Reach Nearly 20 Million by 2023

Devices and Software Appeal to a Variety of Customer Segments, Not Just Consumers

First introduced in the late 2000s, smart thermostat technology has only recently gained real traction among customers, says Navigant Research. During the last year, the market for communicating and smart thermostats has expanded rapidly, with new offerings from several high-profile providers.


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Home Automation Products Gaining HVAC Industry Traction

Ease of Use, Options Improving as Prices Start to Come Down

In only a few years, the number of connected “smart” products for the home has increased exponentially as homeowners have shown more and more interest in being able to monitor and control their homes from nearly anywhere.


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July 31, 2014: NetworkThermostat Announces Cloud Service for Its Smart Thermostats

Company Now Offers Both Direct Connect and Cloud Connect Options

NetworkThermostat has announced its CloudConnect™ service for the company’s Net/X™ Wi-Fi and Ethernet smart thermostats. CloudConnect provides Net/X users with the convenience of remote access using the cloud with no limits on the number of thermostats or locations under the user’s management.


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March 17, 2014: Home Energy Management Systems to Reach $2.8 Billion in Revenue by 2020

Non-Utility Providers and Smart Thermostats to Help Drive Steady Growth

Until 2012, home energy management systems struggled to gain market traction, noted Navigant Research. More recently, however, non-utility stakeholders have moved into this segment, increasing awareness of new tools and helping to drive steady growth.


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Feb. 17, 2014: Smart Thermostats to Reach Nearly $1.4 Billion in Annual Revenue by 2020

Worldwide Revenue from Smart Thermostats Is Forecast to Grow from $86 Million in 2013

Although the market for smart thermostats has struggled to gain traction, recent developments — particularly the purchase of smart thermostat maker Nest Labs by Google for a reported $3.2 billion — indicate that growth is likely to accelerate, according to Navigant Research.


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Oct. 7, 2013: Energy Efficiency Drives the Home Automation Market

Programmable and Smart Thermostats Are Top Technology Installed
Home automation technologies that offer energy efficiency are the most popular type of installed home technologies among consumers in the United States, according to a study released by the Consumer Electronics Association (CEA)®.


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Kari Arfstrom, executive director of the HVACR Workforce Development Foundation, talks about the upcoming HVACR & Mechanical Conference. Posted on Jan. 23.

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