Articles Tagged with ''smart thermostats''

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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Oct. 2, 2013: Home Energy Management Market to Exceed $4 Billion in US by 2017

Early Devices such as Smart Thermostats Provide a Gateway to Further Adoption of Home Automation
Currently valued at $1.5 billion, but with only 1.5 to 2.5 percent penetration in most states, the home energy management systems (HEMS) market is poised for significant growth, according to a report by GTM Research. The firm forecasts that the U.S. HEMS market will be worth over $4 billion by 2017.


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Sept. 23, 2013: Smart Thermostats Can Attract More Consumers to Energy Efficiency

Utilities Can Emphasize the Ease of Use and Non-Intrusiveness of Smart Thermostats
Utilities already have many commercial and industrial (C&I) customers on demand response programs, curtailing power usage during peak times to balance the load over the course of a day. Smart thermostats offer the opportunity to get more residential customers on board with energy efficiency.


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Sept. 18, 2013: Honeywell Announces API Program with Home Automation Developers

Development Partners Will Provide Wider Range of Options for Homeowners
Honeywell has announced an application programming interface (API) program that enables development partners to build application software that interfaces with numerous Honeywell Wi-Fi thermostats including the color-customizable Wi-Fi Smart Thermostat.


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Honeywell Challenges Nest’s Claims

National Advertising Division Issues Recommendations to Thermostat Manufacturer

Honeywell Intl. Inc., manufacturer of the original round thermostat and long-standing manufacturer of both nonprogrammable and programmable thermostats, recently challenged certain advertising claims made by newcomer and rival Nest Labs Inc., which first began selling its Nest Learning Thermostat™ in late 2011. 


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