A survey of U.S. adults by Coldwell Banker Real Estate LLC and CNET found that Americans are already embracing the smart home with 28 percent owning at least one smart home product and almost half of millennials (ages 18 to 34) adopting the technology.
The global smart thermostat market is forecast to reach $2.21 billion by 2022, according to a new study by Grand View Research Inc. These devices allow users to remotely manage their heating and air conditioning systems using wireless connectivity and mobile apps.
The Z-Wave Alliance, a consortium of leading global companies deploying Z-Wave wireless home control technology, announced the summer winner of its Internet of Things (IoT) developer competition.
An examination of the strategy and execution of 16 leading home energy management (HEM) vendors, including vendor profiles and rankings, is provided in a new Leaderboard Report from Navigant Research.
Nest Labs Inc. today announced the third generation Nest Learning Thermostat, which has a slimmer profile, a high-resolution screen that’s 40 percent larger, and an updated user interface to make it easier to read temperatures, alerts, and messages.
Since 1998, the Thermostat Recycling Corp. (TRC) has worked to collect thermostats containing mercury and properly dispose of the harmful substance by using HVAC wholesalers as collection points for contractors.
The convergence of technology, competition, and business models is leading to significant changes across the energy management industry landscape, according to a new report available from Research and Markets.
The global home energy management systems (HEMS) market is forecast to grow at a compound annual growth rate (CAGR) of nearly 27 percent from 2015 to 2019, according to a new market research report published by Technavio.
According to recent studies, the market for home automation products — including advanced thermostats — is poised for explosive growth. Many industry experts believe trends in consumer habits and technology are converging to create an increasing demand for these products.