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Structured Wiring and Broadband Access Pave the Way for Emerging
Home Control Applications
The continued integration of structured wiring and broadband access
is making home control applications such as remote management, integrated
security, and energy management more attractive to consumers.
After years of sluggish growth and
tepid consumer response, home controls have received a much-needed jumpstart
from emerging broadband technologies and advanced residential wiring that
promises to expand and diversify this market.
While lighting applications continue to dominate the home controls
landscape - 80% and 56% of all U.S. home owners currently utilizing control
systems use these systems for outdoor and indoor lighting applications,
respectively - emerging applications such as structured wiring and broadband
have created new service possibilities for remote management, security, and
energy management. According to
Home
Systems: Home Controls (Sixth Edition), Parks Associates' latest
overview and analysis of the home controls market, the expanded
functionality of these applications has granted them renewed interest among
home owners.
Aside from the emergence and integration of the necessary technology,
other driving factors exist for the home controls market as well, not the
least of which is the growing concern over energy shortages. "The
energy crisis in California has created heightened awareness and increased
demand for HVAC controls and energy management applications," says Ian
Bryant, Parks Associates' home controls analyst and author of
Home
Systems: Home Controls (Sixth Edition). "In addition, while
remote management has not become the killer app once predicted, it has
found success among an important niche market, the segment of U.S.
households with a second home - around 12% of all households."
While whole-house home controls may never gain mass-market acceptance,
Parks Associates believes that applications such as energy management,
integrated security, and remote management will increase in popularity in
tandem with the growth of structured wiring and broadband.
Nevertheless, there remain many obstacles for both the companies
involved in this space and the industry as a whole before they can realize
this success. Current challenges in the home controls industry include
barriers to entry and exit, understanding consumer adoption patterns,
distribution marketing strategies, promotional marketing strategies, and
understanding and educating the home owner.
Home
Systems: Home Controls (Sixth Edition) profiles 43 companies,
nearly 100 different products, and includes 65 different figures, charts,
and graphs. The report also provides a brief history of home controls,
analyzes home control standards and technologies, looks at current
automation in the home, and examines the opportunities and challenges,
recent developments, and applications driving home controls.
For additional information about
Home
Systems: Home Controls (Sixth Edition), please contact Parks
Associates at 972-490-1113 or at sales@parksassociates.com.
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, energy
management, 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.
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