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.
ecobee Inc. announced that its ecobee3 smart Wi-Fi thermostat with room sensors is the first thermostat to be directly compatible with the Amazon Echo system, offering homeowners added convenience and comfort through Amazon’s cloud-based voice service, Alexa.
Manufacturers showcase new products at 2016 AHR Expo
February 22, 2016
Nearly 61,000 HVAC industry representatives enjoyed sun and reasonable temperatures as the 2016 AHR Expo rolled into Orlando, Florida. Preliminary numbers show that more than 18,254 exhibitor personnel welcomed 42,672 visitors.
At the 2016 AHR Expo in Orlando, Florida, zoning manufacturers showcased next-generation equipment that harnessed the Internet of Things and interconnectivity, granting homeowners full control over each area of their homes.