Many residential users are seeking ways to reduce energy consumption and cut costs
March 29, 2016
The global market for ZigBee-enabled smart thermostats is forecast to increase substantially at a compound annual growth rate (CAGR) of over 67 percent by 2020, according to a market analysis by Technavio.
This product is used for controlling underfloor electric heating systems. It’s easily integrated into home automation systems and now features flexible control options, including convenient access from remote locations.
In the HVAC industry, manufacturers are working to meet the growing demand for smart, connected devices homeowners can control from their computers, tablets, and smartphones. Here are a few of the latest products available on the market.
HVAC contractors have taken notice of the growing Internet of Things market and stand ready to fulfill these demands, which often begin with the gateway into their customers’ homes: the smart thermostat.
The global advanced HVAC controls market for nonresidential users is expected to register the fastest growth during the forecast period. Nonresidential users of advanced HVAC controls include health care and educational institutions, manufacturing and industrial buildings, and offices and retail stores.
Offers a combination of solar, battery storage, smart electric water heater, and Nest thermostat
March 11, 2016
SolarCity is introducing a Smart Energy Home offering to new residential customers in Hawaii. It includes advanced technology: solar photovoltaic (PV), battery storage, smart electric water heaters, and the Nest Learning Thermostat, all coordinated by a home gateway.
North America held the largest market share in 2015, Asia-Pacific expected to hold the major share by 2022
March 8, 2016
The global home energy management system (HEMS) market is forecast to grow from $864.2 million in 2015 to $3.15 billion in 2022, increasing at a compound annual growth rate (CAGR) of 18.36 percent between 2016 and 2022, according to a new report published by MarketsandMarkets.