Emerging Companies Fuel the Energy Management Market
Firms are increasingly turning their attention to smart building solutions
DUBLIN — 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.
New participants and startups, as well as established large companies, are increasingly turning their attention to smart building solutions, driven by a growing focus on the performance of buildings newly enabled by technology advancements such as big data and the Internet of Things (IoT). This report identifies and profiles 12 new and emerging participants that are transforming the energy management industry.
Companies mentioned include: Building IQ, Cozify, ecobee, Ecowatt, Energent, Enphase, Envizi, HCL Technologies, Intel, Lucid, SkyFoundry, and Smappee.
The report makes three predictions:
1. Modular, low-cost IoT solutions along with reference designs will win in the short to medium term in the energy management market.
2. Data-driven analytics will propel the energy management market in key infrastructure segments and will lead to consumer education for the betterment of communities.
3. Products from companies such as Cozify, Smappee, and Ecowatt will simplify and revolutionize home energy management for improved living conditions.
More information is available here.
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Publication date: 8/31/2015
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