HVAC contractors have taken notice of the growing Internet of Things market and stand ready to fulfill these demands, which often begin with the gateway into their customers’ homes: the smart thermostat.
SolarCity is introducing a Smart Energy Home offering to new residential customers in Hawaii. It includes advanced technology: solar photovoltaic (PV), battery storage, smart electric water heaters, and the Nest Learning Thermostat, all coordinated by a home gateway.
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.
The global advanced HVAC controls market is forecast to grow at a compound annual growth rate (CAGR) of 8.67 percent from 2016 to 2020, according to a report from Sandler Research.
Marley Engineered Products (MEP) has announced the introduction of a new, easy-to-install method for wireless heating control with its Honeywell RedLINK™-compatible Wireless Thermostat Kit.
Technavio’s latest report on the global Internet of Things (IoT) devices market provides an analysis of the key trends expected to impact the market from 2015 to 2019.
ecobee Inc. announced that its ecobee3 smart Wi-Fi thermostat with room sensors is the first thermostat to be directly compatible with the Amazon Echo system, offering homeowners added convenience and comfort through Amazon’s cloud-based voice service, Alexa.
While some consumers want geofencing to control their thermostat, others want to simply set it and forget it. Thermostat manufacturers are learning that they need to be all things to all people.