|
Contact
| PRESSROOM
Home Controls Market Primed for Growth
Growth in Network Wiring Solutions and Internet-enabled Home Management
Systems to Spur Significant Growth in Entertainment, Lighting,
Communications, and Central Home Control Systems
Home controller sales, representing a variety of
home management applications, will increase by more than $1 billion over the
next five years, according to a new study from Parks Associates.
Home Systems: Home Controls Forecasts predicts that, between 2002
and 2006, growth will be strong in particular for entertainment, lighting,
communications, and central home controllers.
“There are two major variables that will significantly increase penetration
of specific solutions in the home controls industry,” said
Kurt Scherf, vice
president of research. “Structured wiring solutions – by themselves enjoying
greater popularity among home builders and buyers alike – are converging to
embrace entertainment, communications, control, energy management, and
security applications. As these systems continue to penetrate a growing
number of households, growth in home systems controllers will increase.
Second, lower-cost, Internet-enabled control systems will emerge in the next
couple of years. As new players begin to distribute these solutions, we’ll
see increased growth in the controller market.”
Overall, the market for advanced and basic home controllers will grow
from $1.6 billion in 2002 to $2.8 billion by the end of 2006.
Home Systems: Home Controls Forecasts examines the home controls
market and provides analysis and forecasts for U.S. housing growth, as well
as a variety of home control solutions. For additional information about
Parks Associates’
Home Systems: Home Controls Forecasts report, 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, 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.
http://www.parksassociates.com |
http://www.connectionsconference.com |
http://www.connectionseurope.com
|
http://www.connectionsindustryinsights.com
|
