Asia-Pacific region is anticipated to grow at the highest CAGR
May 26, 2016
The global smart home market is projected to grow from $46.97 billion in 2015 to $121.73 billion by 2022, growing at a compound annual growth rate (CAGR) of 14.07 percent between 2016 and 2022, according to a new report published by MaretsandMarkets.
This residential thermostat is engineered and designed to integrate with any conventionally wired HVAC system. Near field communication, a set of short-range wireless technologies, and a dedicated distributor app allow the contractor to preconfigure settings before arriving at a residence.
Board of directors approved plan to create two discrete sections
May 20, 2016
The Air-Conditioning, Heating, and Refrigeration Institute (AHRI) announced that its Controls Product Section will be divided into two new sections: Air Conditioning & Refrigeration (ACR) Electronic Controls and Gas Controls.
North America held the largest share of the home automation market in 2015
May 17, 2016
The global home automation system market is forecast to grow from $32.11 billion in 2015 to $78.27 billion by 2022, increasing at a compound annual growth rate (CAGR) of 12.46 percent between 2016 and 2022, according to a new report published by MarketsandMarkets.
Companies will work together on residential solar offer
May 11, 2016
AT&T and SunPower have entered into an agreement that brings AT&T's Internet of Things (IoT) technology to SunPower's newest home energy solution — SunPower Equinox™. The companies will also collaborate on co-marketing efforts to offer a SunPower home solar system to qualified AT&T customers this summer.
Building and home automation application segment is leading the market
May 6, 2016
The global energy harvesting system market is forecast to reach $974.4 million by 2022, increasing at a compound annual growth rate (CAGR) of 19.6 percent between 2016 and 2022, according to a new market research report published by MarketsandMarkets.
To Americans, main benefits include increased convenience, increased security, reduced energy bill
May 3, 2016
Consumer awareness of the connected home is growing quickly, according to findings released from connected home studies fielded by Kelton Global and Research Now in the U.S. Commissioned by Nest, the studies were designed to uncover consumer sentiment about the connected home market.
HARDI wholesaler members compete to recycle the most mercury thermostats
April 29, 2016
Thermostat Recycling Corp. (TRC) announced that its fifth annual Big Man On Planet (BMOP) competition begins May 1, in partnership with Heating, Air-conditioning and Refrigeration Distributors International (HARDI). BMOP will run through Oct. 31 and all HARDI wholesaler members are eligible to participate.
More than 30 percent of homes in U.S. now have access to Nest thermostat rebates and rewards
April 29, 2016
Nest Labs Inc. has announced continued growth in its energy business with the addition of more than 50 energy providers now offering Nest Learning Thermostat rebates and rewards for residential customers.