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 Top Plant program honors outstanding manufacturing facilities in North America. View the 2015 Top Plant.
The Product of the Year program recognizes products newly released in the manufacturing industries.
The Engineering Leaders Under 40 program identifies and gives recognition to young engineers who...
2016 Product of the Year; Diagnose bearing failures; Asset performance management; Testing dust collector performance measures
Safety for 18 years, warehouse maintenance tips, Ethernet and the IIoT, GAMS 2016 recap
2016 Engineering Leaders Under 40; Future vision: Where is manufacturing headed?; Electrical distribution, redefined
SCADA at the junction, Managing risk through maintenance, Moving at the speed of data
Safety at every angle, Big Data's impact on operations, bridging the skills gap
The digital oilfield: Utilizing Big Data can yield big savings; Virtualization a real solution; Tracking SIS performance
Applying network redundancy; Overcoming loop tuning challenges; PID control and networks
Driving motor efficiency; Preventing arc flash in mission critical facilities; Integrating alternative power and existing electrical systems
Package boilers; Natural gas infrared heating; Thermal treasure; Standby generation; Natural gas supports green efforts

Annual Salary Survey

Before the calendar turned, 2016 already had the makings of a pivotal year for manufacturing, and for the world.

There were the big events for the year, including the United States as Partner Country at Hannover Messe in April and the 2016 International Manufacturing Technology Show in Chicago in September. There's also the matter of the U.S. presidential elections in November, which promise to shape policy in manufacturing for years to come.

But the year started with global economic turmoil, as a slowdown in Chinese manufacturing triggered a worldwide stock hiccup that sent values plummeting. The continued plunge in world oil prices has resulted in a slowdown in exploration and, by extension, the manufacture of exploration equipment.

Read more: 2015 Salary Survey

Maintenance and reliability tips and best practices from the maintenance and reliability coaches at Allied Reliability Group.
The One Voice for Manufacturing blog reports on federal public policy issues impacting the manufacturing sector. One Voice is a joint effort by the National Tooling and Machining...
The Society for Maintenance and Reliability Professionals an organization devoted...
Join this ongoing discussion of machine guarding topics, including solutions assessments, regulatory compliance, gap analysis...
IMS Research, recently acquired by IHS Inc., is a leading independent supplier of market research and consultancy to the global electronics industry.
Maintenance is not optional in manufacturing. It’s a profit center, driving productivity and uptime while reducing overall repair costs.
The Lachance on CMMS blog is about current maintenance topics. Blogger Paul Lachance is president and chief technology officer for Smartware Group.
This article collection contains several articles on the vital role of plant safety and offers advice on best practices.
This article collection contains several articles on the Industrial Internet of Things (IIoT) and how it is transforming manufacturing.
This article collection contains several articles on strategic maintenance and understanding all the parts of your plant.
click me