It is expected to witness high growth in all applications, residential, commercial, and industrial
September 28, 2015
The global smart thermostat market, including hardware and service, is expected to grow from $585.09 million in 2014 to reach $5.9 billion by 2020, growing at a compound annual growth rate (CAGR) of 31.82 percent from 2015 to 2020, according to a report published by MarketsandMarkets.
Smart home applications expected to utilize over two-thirds of the IEEE 802.15.4 chipsets
July 20, 2015
Annual shipments of IEEE 802.15.4 and ZigBee wireless chipsets doubled last year and are forecast to reach a cumulative 2.5 billion chipset sales within the next five years, according to a report from research firm ON World. The smart home market is expected to utilize over two-thirds of the IEEE 802.15.4 chipsets at this time.
Building Automation Has Witnessed a Profound Growth in the Last Five Years
December 8, 2014
The global building automation and controls market was valued at $29.8 billion in 2013 and is expected to reach $55.5 billion by 2020, growing at a compound annual growth rate (CAGR) of 9.04 percent from 2014 to 2020, according to a new market research report published by MarketsandMarkets.
Convergence of Building Automation, IT, and Wireless Communications Is Driving Growth in This Market
November 24, 2014
Wireless controls can be used to link devices found in a variety of building systems, including HVAC, lighting, fire and life safety, and security and access. In addition, they often provide networked control in buildings or areas where wired controls are simply too challenging or expensive to install, notes Navigant Research.
Intelligent Lighting Is a Key Driver for Wireless Control, Which Can Also Be Used for HVAC and Security
August 11, 2014
As building automation and information technology converge, wireless technology is offering a range of benefits for commercial buildings, notes Navigant Research. According to a new report from the firm, shipments of wireless control nodes for commercial buildings will grow from 12.9 million in 2014 to 57.4 million by 2023.
Wireless technology is now entering the mainstream of the commercial building controls market, according to a new report from Navigant Research. While building automation and controls have been used for decades, wireless enables control without the design and labor challenges involved with running traditional wiring.
The EnOcean Alliance announced the availability of a new line of energy harvesting wireless modules communicating on the 902 MHz band for the North American market. The line increases effective radio frequency range, enhances resistance to interference, and simplifies product development due to shorter antenna lengths.
The wireless sensor network market, led by ZigBee, grew ten-fold from 2007 to 2010 and exceeded 45 million annual shipments in 2011, according to ABI Research. Strong growth is expected for 2012 and beyond, said Peter Cooney, wireless connectivity practice director for the firm.