Report: Wireless, Powerline Controls Market to Exceed $3B by 2012
A new report by Parks Associated forecasts the consumer demand for intelligent control applications will push U.S. revenues for wireless and powerline controls from $740 million in 2008 to more than $3 billion in 2012.
Titled, “Opportunities for Wireless & Powerline Controls,” the report predicts these technologies will skyrocket the installed base to nearly 60 million in 2012. The growth is expected due to key players entering the market, including Black & Decker, Schlage, Hawking, iControl and Wayne Dalton; all have announced new products targeting access control, remote monitoring and energy management applications.
“Marrying electronic controls with home security systems provide integrated solutions that increase the effectiveness of all connected systems,” Bill Ablondi, director, Home Systems Research, Parks Associates, tells SSI. “In a typical scenario, the security system is disarmed by opening up the garage door, selected lights are turned on as appropriate and the HVAC system returns to its ‘home occupied’ state. It’s the classic 1 + 1 = 3 phenomenon.”
The report finds entertainment controls, including advanced universal remote controllers, will drive growth in wireless controls. Lighting applications will drive the opportunities for powerline controls.
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