HOMES WIRED FOR EFFICIENCY

Networked Home Energy Management Devices and In-Home Displays Utilizing ZigBee, PLC, HomePlug, and Wi-Fi Connectivity: Global Market Analysis and Forecasts

3Q 2012 (Pike Research/Navigant)

“Home area networks (HANs) are localized systems of hardware and software that enable…consumers to access consumption information that, when acted upon, can result in reduced use of energy and lower costs. The HAN is seen as one of the last zones of technologies that complete the modern smart grid…[by leveraging] consumption information provided by smart meters…to HAN devices that can take advantage of the information – often resulting in both energy and cost savings for the consumer.

“…[HANs] adoption has been slowed by a number of factors, including consumer indifference, the cost of new equipment, and evolving technology standards. Utilities themselves have taken a relatively slow approach…[and] concentrated initial efforts on the deployment of smart meters. A few utilities in North America have started to promote HANs…In Europe, HAN adoption has been sluggish…with the exception of the United Kingdom, where regulatory mandates require basic HAN gear to be part of new smart meter deployments…”

click to enlarge

“…[Networked home energy management (HEM) shipments will grow steadily, starting with worldwide volumes of nearly 18,000 in 2011 and growing to almost 4 million in 2020 at a compound annual growth rate (CAGR) of 81.8%. North America will lead, followed by Western Europe, as government mandates stimulate shipments…[I]n Asia Pacific…a 2011-2020 CAGR of 109.7% is expected. This growth is due in part, to Japanese utility giant TEPCO, which is seeking bids for deploying approximately 17 million smart meters by 2019; the smart meter deployment will drive increased HAN volumes…

“Combined overall revenue…will grow from more than $24 million at the beginning of the forecast to $1.1 billion in 2020 at a CAGR of 53.4%. The total revenue for displays is expected to be greater than revenue for networked HEM because of lower prices and larger volumes]…”

Tweet