ecobee Inc. is teaming up with SunPower to help homeowners in California and New York take greater control of their electricity costs with solar power and a smart thermostat.
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.
Technavio’s latest research report on the global air conditioning market provides an analysis on the most important trends expected to impact the market outlook from 2016 to 2020.
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.
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.
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.
The global advanced HVAC controls market is forecast to grow at a compound annual growth rate (CAGR) of 8.67 percent from 2016 to 2020, according to a report from Sandler Research.