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.
New Sensi models build on success of J.D. Power’s top-ranked smart thermostat
June 14, 2017
Emerson announced the next evolution of its nationally recognized smart thermostat. The new Sensi™ Touch Wi-Fi® Thermostat combines proven smarthome technology with a color touchscreen display and sleek, minimalist appearance that will be at home in any modern living space.
Part of the Low-Income, In-Home Monitoring Program
October 3, 2016
Energate Inc., a provider of interactive energy management solutions, announced a new partnership with Stream, a provider of connected services, to supply programmable communicating thermostats (PCT) and in-home displays (IHD) to up to 30,000 eligible Texas customers.
More and more homeowners are gravitating toward the control and convenience offered by new thermostats, which are designed to make managing energy easier than ever before. But, despite all the bells and whistles, consumers are most often looking for simple solutions because their time is valuable — and most don’t want to spend a lot of time tracking their energy use.
Technological advancements coupled with rising commercialization of innovative products expected to fuel growth
April 27, 2016
The global energy management systems (EMS) market was valued at $20.49 billion in 2014, and is forecast to grow at a compound annual growth rate (CAGR) exceeding 14 percent from 2015 to 2022, reaching $58.59 billion by 2022, according to a report from Grand View Research.
Report identifies smart home opportunities within the home energy management market
April 6, 2016
Parks Associates has announced new home energy management data from its report, The Evolution of Home Energy Management, showing 70 percent of U.S. households with smart energy devices report saving money due to reduced energy consumption.
North America held the largest market share in 2015, Asia-Pacific expected to hold the major share by 2022
March 8, 2016
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.
Features a smartphone-style, high-resolution 3.5-inch color touchscreen and plug-and-play design
December 15, 2015
Schneider Electric has announced the launch of Wiser Air™, the company’s first Wi-Fi smart thermostat for residential consumers. The company said Wiser Air couples its energy management expertise with intelligent design and state-of-the-art technology to provide consumers with a tool that delivers energy efficient comfort.