|
Contact
| PRESSROOM
Home Controls Industry Poised to
Cross 30-year-old Chasm
Convergence with digital technologies has the home controls industry
poised to enter mainstream retrofit markets after thirty years of limited
appeal in high-end and hobbyist niche segments, according to
Home Systems: Home Controls (Seventh Edition). This new report
from Parks Associates examines home control applications (lighting, HVAC,
entertainment, security, and appliances), market drivers, new
developments, and remaining challenges while providing forecasts and
descriptions of enabling standards.
“Traditional applications and market segments are blending together
because of digital convergence and disruptive technologies,” said
Tricia Parks,
president of Parks Associates. “Given that this convergence is essential
to mass-market success, this latest edition of the Home Controls report
emphasizes the market conditions enabling a convergence of home controls
and computing in addition to forecasting for traditional high-end
controllers in categories such as central control, high-end lighting, and
energy management.”
According to
Home
Systems: Home Controls, the professional installation
required of proprietary technologies and structured wiring have limited
most home control opportunities to high-end new homes, a market
representing less than one-tenth of one percent of U.S. households per
year. Similarly, products based on X-10 technologies have remained limited
in their appeal. New powerline and wireless standards, however, simplify
installation and may be applied across market segments – from small homes
to large commercial office buildings. They could be disruptive forces in
the home controls industry, especially because some have the capacity to
carry not just control signals but also data, streaming entertainment, and
phone calls, thus making it much easier to integrate different
applications.
About Parks Associates: Parks Associates is an
internationally recognized market research and consulting company specializing
in emerging consumer technology products and services. Founded in 1986, Parks
Associates creates research capital for companies ranging from Fortune 500 to
small start-ups through market reports, primary studies, consumer research,
custom research, workshops, executive conferences, and annual service
subscriptions.
The company's expertise includes new media, digital
entertainment and gaming, home networks, Internet and television services,
digital health, mobile applications and services, consumer electronics, and home
control systems and security.
Each year, Parks Associates hosts executive thought
leadership conferences CONNECTIONS™, with support from the Consumer Electronics Association (CEA®), and CONNECTIONS™ Europe. In addition, Parks
Associates produces the online publication Industry Insights in
conjunction with the CONNECTIONS™ Conference series.
http://www.parksassociates.com |
http://www.connectionsconference.com |
http://www.connectionseurope.com
|
http://www.connectionsindustryinsights.com
|
