North America is expected to remain the largest region during the forecast period due to the increasing usage of technologies and digitalization in the U.S.
October 30, 2017
The major growth drivers for this market are increasing consumer need for simplicity and a personalized experience, growing awareness related to safety and security, and the adaption of cloud-based technologies.
While smart thermostats are certainly on the rise for the residential market, the commercial side has experienced a much slower adoption rate. While a residential building has fewer people to heat or cool and a smaller space, commercial buildings aren’t as simple. Larger spaces and more people can make for a difficult heating and cooling process.
The smart thermostat market is expected to grow rapidly at a compound annual growth rate (CAGR) of 18.7 percent through 2022, according to a report by Grand View Research. One of the major drivers of the market is increased consumer awareness of the economic and environmental advantages of these devices. But, when making the switch from a regular, old thermostat to a smart, brand-new one, contractors across the country are finding that homeowners have some concerns.
It's no secret that the world is going digital. You check your bank account balance on your iPhone, pay your energy bill via email, and can tell Amazon Echo to play your favorite song — or adjust the temperature in your home — it's a digital world. So, thermostat manufacturers are keeping this trend in mind while developing products that will pique customers' interests.
Located in Southern California, just north of Los Angeles, the Conejo Valley has temperatures that range from below freezing in the winter to well above 100°F in the summer. The school district has hundreds of thermostats across 30 sites, which include school campuses, offices, and warehouses.
The BCC100 is a full-color, 5-inch, touchscreen thermostat that brings convenience and functionality to a residence with Wi-Fi connectivity, which allows remote monitoring and control of a home’s HVAC system.
Ductless outdoor unit paired with indoor fan coil leads to greater efficiency
September 22, 2017
Multifamily facility managers now have a way to achieve higher climate control efficiency through a new, innovative Carrier product pairing. Carrier’s 24-volt interface will achieve greater energy efficiency by combining a variable-speed, single-zone outdoor unit with an indoor fan coil.
Nest’s Thermostat E moves away from the striking stainless steel and black look of the third-generation Nest Learning Thermostat and replaces it with a subtle design, which is highlighted by a white exterior ring and frosted display.