Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Smart Appliance Sales to Reach 45 Million Units Annually by 2020
Oct 12, 2012
 Printable format
 Email this Article
 Search

Research firm Pike Research expects smart appliance sales to show greater increases after 2015.

The firm expects worldwide sales of smart appliances to climb rapidly for the remainder of the decade, reaching just under 45 million units per year in 2020.

The firm defines smart appliances as major household appliances that use intelligent power management technology to help optimize electrical load on the power distribution grid. The appliances offer consumers the benefits of reduced energy usage, lower energy costs, lower carbon emissions, and advanced features such as remote control. Utilities benefits include increased visibility and peak demand management.

"Positive growth around the world in the overall household appliance market presents opportunities for the smart appliance submarket, especially with the continuing investment in smart grid initiatives," said research director Carol Stimmel. "However, consumers will only be motivated to move to smart appliances prior to their 10-year average replacement cycle if the appliances have the right price and enable them to save on energy costs. Economies of scale, better technical integration, and the emergence of dynamic pricing are critical elements to realizing the potential of the smart appliance market."

Back to Daily News

 

Daily News

...........................................................

Jul 31, 2014: LG Home Appliance, LG Air Conditioning See Lower Quarterly Sales

Jul 31, 2014: AHAM Canada New Chair is Doell of Samsung Electronics Canada

Jul 29, 2014: Jarden Reports Record Net Sales in 2Q

Jul 29, 2014: LG USA Names VanderWaal to Head Marketing

Jul 29, 2014: Smart Meters May Provide An Entrance Point for Cyber Attacks on the Connected Home

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

March 2014: Market Research - 62nd Annual U.S. Appliance Industry Forecast
February 2014: Appliance Magazine Market Insight: December 2013
January 2014: Market Research - Appliance Historical Statistical Review: 1954-2012
January 2014: Appliance Magazine Market Insight: November 2013




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Pharmalive | Plastics Today | Powder Bulk Solids | Canon Trade Shows