Zoning has been around for way longer than some of the newest, most popular technologies, like ductless systems, Wi-Fi thermostats, and Alexa; however, its adoption has been slow, comprising only about 5 percent of the market.
Panasonic Corp. of North America is honing in on its focus to make it easier for both residential and commercial building owners to control the temperature and comfort level within the space. The company hit its targets with the introduction of two new products — the ECONAVI air conditioner and the Variable Refrigerant Flow (VRF) Smart Connectivity Controller.
Ah, the Internet of Things (IoT) — it seems to be a trending topic for every industry these days, especially with customers becoming increasingly tech-savvy. According to market researcher, Gartner Inc., in 2017, 8.4 billion connected devices are in use worldwide. That number is up 31 percent from 2016 and will reach 20.4 billion by 2020.
Have consumers, the industry warmed up to programmable thermostats?
October 23, 2017
Programmable thermostats were first certified by Energy Star in 1995; however, they were removed from the government-backed program in 2009 because, on their own without proper programming, the U.S. Environmental Protection Agency (EPA) disqualified them as energy-saving products.
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.
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.