Ecovent, maker of an intelligent home zoning system designed to deliver room-by-room climate control, announced that it has closed a $6.9 million Series A funding round led by Emerson Climate Technologies.
Smart thermostats are forecast to take a larger portion of the market this year, accounting for over 40 percent of the nearly 10 million thermostats sold in the U.S., according to new smart home research from Parks Associates.
The Thread Group has announced the release of Thread, its new IP-based wireless networking protocol designed for low-power connected products in the home. Product developers who are members of the Thread Group can now access technical specifications and documentation to build Thread-compliant products.
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.
Designed to measure temperature and occupancy in multiple locations throughout the home, ecobee Inc.’s ecobee3 smarter Wi-Fi thermostat with remote temperature sensors increases comfort and saves energy.
The Consumer Electronics Association (CEA)® and LonMark International have announced two new standards for home and building automation. The organizations said these standards provide a mechanism to develop a higher level of device-to-device interoperability using any open control networking communication platform.
ecobee Inc. has announced that ecobee3, the first smart thermostat to support Apple HomeKit, is now available at Apple Stores across North America. The ecobee3 uses remote sensors to deliver comfort in the rooms that matter most to homeowners.
The global residential energy management market had an estimated value of $2.86 billion in 2014 and is forecast to reach $15.62 billion by 2019, with a compound annual growth rate (CAGR) of 40.4 percent between 2014 and 2019, according to a new report from Research and Markets.
The global market for demand response-enabled smart home energy management devices is forecast to grow to $4 billion by 2025, according to a new report published by IHS.