The world market for smart home energy management systems - What does this mean for connectivity suppliers?
400 million smart home energy management devices will be shipped globally in five years. IMS Research analyzes the impact this will have connectivity suppliers.
Around 400 million ‘smart home energy management’ devices will be shipped globally in the next five years, 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.
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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