400 million 'smart home energy management' devices to present major opportunities for connectivity semiconductor suppliers

In the next five years, around 400 million ‘smart home energy management’ devices will be shipped globally, according to a recent study from IMS Research.

04/05/2012


In the next five years, around 400 million ‘smart home energy management’ devices will be shipped globally, according to a recent study from IMS Research, recently acquired by IHS Inc.,. This includes devices such as smart meters, smart thermostats, in-home displays, ‘smart appliances’, and load control switches. This represents a major opportunity for IC suppliers, driving connectivity technologies into a wide range of typically ‘un-connected’ devices. Yet the type of connectivity technologies selected varies by both country and the type of company deploying the energy management solution.

World Shipment of Energy Management Devices. Source: IMS Research

IMS Research’s report, The World Market for Smart Home Energy Management Systems – 2012 Edition, forecasts that 70% of these ‘smart’ devices shipped in the next five years will be smart meters themselves. However, the market for peripheral devices, such as smart thermostats, in-home displays, and load control switches, is also set to grow significantly. For example, in the U.S., annual shipments of smart home energy management devices, such as smart thermostats, smart plugs, in-home displays, and smart load control switches, are expected to exceed annual smart meter shipments (in unit terms) from 2015.

Lisa Arrowsmith, a senior analyst with IMS Research’s Connectivity Group, explains “the growth of ‘smart’ peripheral devices will be driven by a range of factors, varying significantly by country. At one extreme, the deployment of in-home displays is set to be mandated by the UK Government, with volumes set to ramp up quickly from 2014. In the U.S., the market for smart peripherals is also set to grow rapidly, as more utility companies start to activate smart meter ‘HAN’ gateways already in the field, and offer variable pricing tariffs. Additionally, in multiple countries, other companies – such as ISPs, consumer goods companies, security providers and cable operators – are entering the energy management field, providing ‘smart meter-agnostic’ gateways and associated services, i.e., systems which still include a value proposition for customers that do not have the ability to communicate with smart meters (either because they have not been installed, or they do not include an enabled HAN gateway). This includes features such as energy monitoring (via a meter clamp and transmitting unit) and remote control of devices such as smart plugs and thermostats.”

IMS Research: Excellence in market intelligenceIMS Research has just released a complementary white paper, assessing the role of a variety of connectivity solutions within smart home energy management systems. Access the white paper, entitled ‘Smart Home Energy Management Systems – What Does This Mean for Connectivity Suppliers?’ here.



No comments
The Engineers' Choice Awards highlight some of the best new control, instrumentation and automation products as chosen by...
Each year, a panel of Control Engineering editors and industry expert judges select the System Integrator of the Year Award winners.
The Engineering Leaders Under 40 program identifies and gives recognition to young engineers who...
Learn how to increase device reliability in harsh environments and decrease unplanned system downtime.
This eGuide contains a series of articles and videos that considers theoretical and practical; immediate needs and a look into the future.
Learn how to create value with re-use; gain productivity with lean automation and connectivity, and optimize panel design and construction.
Go deep: Automation tackles offshore oil challenges; Ethernet advice; Wireless robotics; Product exclusives; Digital edition exclusives
Lost in the gray scale? How to get effective HMIs; Best practices: Integrate old and new wireless systems; Smart software, networks; Service provider certifications
Fixing PID: Part 2: Tweaking controller strategy; Machine safety networks; Salary survey and career advice; Smart I/O architecture; Product exclusives
The Ask Control Engineering blog covers all aspects of automation, including motors, drives, sensors, motion control, machine control, and embedded systems.
Look at the basics of industrial wireless technologies, wireless concepts, wireless standards, and wireless best practices with Daniel E. Capano of Diversified Technical Services Inc.
Join this ongoing discussion of machine guarding topics, including solutions assessments, regulatory compliance, gap analysis...
This is a blog from the trenches – written by engineers who are implementing and upgrading control systems every day across every industry.
IMS Research, recently acquired by IHS Inc., is a leading independent supplier of market research and consultancy to the global electronics industry.

Find and connect with the most suitable service provider for your unique application. Start searching the Global System Integrator Database Now!

Case Study Database

Case Study Database

Get more exposure for your case study by uploading it to the Control Engineering case study database, where end-users can identify relevant solutions and explore what the experts are doing to effectively implement a variety of technology and productivity related projects.

These case studies provide examples of how knowledgeable solution providers have used technology, processes and people to create effective and successful implementations in real-world situations. Case studies can be completed by filling out a simple online form where you can outline the project title, abstract, and full story in 1500 words or less; upload photos, videos and a logo.

Click here to visit the Case Study Database and upload your case study.