TechNavio recognizes the following companies as the key players in the Global Smart Housing Equipment Market: Landis+Gyr AG, Echelon Corp., Itron Inc., Elster Group SE, and GE Energy LLC.
Commenting on the report, an analyst from TechNavio’s team said: “A major trend witnessed in the Global Smart Housing Equipment market is the increased availability of self-help applications. Companies that provide smart housing equipment solutions are nowadays increasingly introducing user-friendly programming platforms that are used to deploy several self-help applications. This helps further automate smart homes and improves their serviceability. Distinct programming helps end-users set controls to be switched on or off at specified times, thereby minimizing the need for human interference. These options are created through simple programming and require little prior training or expertise. This is one of the major positive trends observed in the Global Smart Housing Equipment market.”
According to the report, one of the major drivers is the increase in the deployment of smart grids. Smart grids include the integration of various smart technologies at the consumer end to the power grid, a few of which are smart housing equipment too. For instance, various smart housing equipment that are part of smart grids include smart meters, photovoltaic, small wind generator systems, energy storage systems, and HEMSs. As a result, the increase in adoption of smart grid in turn will increase the growth of the Global Smart Housing Equipment market in the future.
Further, the report states that one of the major challenges in the market is that smart housing equipment is expensive when compared to conventional housing equipment. This makes it difficult for households to adopt this technology as the initial investment required is huge, even offsetting the future savings facilitated by smart housing equipment. This will in turn adversely affect growth of the market in the future.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are Sensus Ltd., Iskraemeco, Suntech Power, JA Solar Holdings Co., First Solar Inc., Yingli Green Energy Holdings Company Ltd., Trina Solar Ltd., Q-Cells, Kyocera Corp., Gintech Energy Corp., Sharp Solar, Hanwha Solar One Co. Ltd., Sunpower Corp., UTC Power, FuelCell Energy Inc., Ballard Power Systems Inc., Hydrogenics Corp., Plug Power, Protonex ,IdaTech, Creamic Fuel Cell Ltd., Nuvera Fuel Cells, Morphic Fuel Cells, Horizon Fuel Cell Technologies, ClearEdge Power, Trulite Inc., and SFC Smart Fuel Cell Inc.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/global-smart-housing-equipment-market-2…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/energy
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TechNavio Announces the Publication of its Research Report -Global Smart Housing Equipment Market 2012-2016
