Canadian Electrical Industry News Week

 

Smart ThermostatGlobal revenue for communicating and smart thermostats, as well as associated software and services,could grow from US$146.9 million in 2014 to US $2.3 billion in 2023, according to a global market analysis and forecast from Navigant Research.

The market for communicating and smart thermostats has exploded with activity since 2013. Although it was introduced in the late 2000s, the technology has only recently gained stronger traction. The year 2014 has seen significant business activity in the form of mergers and acquisitions, international expansion, technological growth, and more conclusive evidence of cost-effectiveness.

In North America and Europe, interest in smart thermostat technology is growing among utilities and energy retailers, as well as consumers. In addition, small businesses are increasingly adopting solutions originally intended for residences as a low-cost way to manage the energy use of heating, ventilation, and air conditioning (HVAC) systems. For other regions, the technology remains nascent, though there are conditions that could foster increased adoption in coming years.

The Navigant Research report analyzes the global market opportunities for communicating and smart thermostats. The study provides an analysis of the market issues, including the current market drivers, inhibitors, and business segments, utility and vendor activity, and broad industry trends, associated with communicating and smart thermostats. Global market forecasts for unit shipments, average selling prices, revenue, and penetration rates, as well as revenue for associated software and services, extend through 2023. The report also examines the key technologies related to communicating and smart thermostats and profiles the major industry players.

Key questions addressed include:
• What are the main technology segments within the global market for communicating and smart thermostats?
• What are the main business segments within the market for communicating and smart thermostats?
• How do the business models for each segment differ from region to region?
• What are the main market drivers and inhibitors regionally for smart thermostats?
• What technology trends are shaping the market for smart thermostats?
• How are consumers engaging with smart thermostats?
• Where are the next global opportunities within the market for communicating and smart thermostats?

An earlier forecastfrom Navigant Research concluded that worldwide shipments of communicating and smart thermostats will grow from 926,000 annually in 2014 to 19.2 million by 2023. Related revenue is expected to grow from US$146.9 million in 2014 to US$2.3 billion in 2023. Read a summary of the forecast: http://electricalindustry.ca/changing-scenes/795-shipments-of-smart-thermostats-to-reach-nearly-20-million-by-2023.

Find out more about Navigant Research’s latest report: https://www.navigantresearch.com/research/smart-thermostats.

 

Changing Scene

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Electricians Provide Assistance in TD Centre's 50th Anniversary Illumination Project

Contractors Guild, Ainsworth, Symtech, Plan and ACML donated their services to temporarily reconfigure the buildings' automated lighting systems, while a crew of staff and volunteers worked to open and close blinds on over 6,000 windows across the TD Centre's five towers to create the message "Less is more or" in 100-foot-tall lights.

A media statement called it the largest public art project of its kind undertaken anywhere in the world.

Read more: Electricians Provide Assistance...

 

Codes and Regulations Brought to You by the CSA Group

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CSA

 

By William (Bill) Burr

In this article: Section 56 — Optical fibre cables. Section 56 is a supplementary or amendatory section of the code and applies to the installation of optical fibre cables in conjunction with all other electrical systems. Rule 56-002 provides a special terminology definition for an Optical Fibre Cable — a cable consisting of one or more optical fibres that transmits modulated light for the purpose of control, signalling or communications.

Rule 56-102 outlines that there are three types of optical fibre cables.



Tools for the Trade

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  Stripping and crimping device, 100 - 240 V input voltage, for insulated ferrules with a ...
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Product News

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Peers & Profiles

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Copper $US Dollar price per pound

Gordon M

 Gordon MacDonald is a cheerful, driven individual who loves to be challenged, a trait that suits him well as a lighting specialist overseeing retrofit projects for Rexel in New Brunswick and P.E.I. He also has had a unique introduction to the field he now works in. 

Gordon was born and raised in Moncton, New Brunswick and has lived there for most of his life. He has an incredibly busy home life that extends to his children, stepchildren and grandchildren. Beyond family life he enjoys “playing guitar and piano, going target shooting, cooking BBQ, trying new foods and learning new things.”

How One Hospital Is Improving Patient Care with Advanced Analytics Demand for healthcare is outstripping capacity, but Toronto’s Humber River Hospital has a solution: a digital Command Centre powered by GE’s Wall of Analytics. As populations grow and age, many hospitals are being stretched past their limits. Rather than apply temporary or partial fixes to address the challenges that underlie this busy, acute care hospital, Toronto’s Humber River Hospital has chosen to implement a holistic, state-of-the-art hospital command centre that will enable it to achieve radical gains in quality and efficiency.

The hospital partnered with GE Healthcare Partners to conceive, design and build the new 4,500 square-foot command centre, a cornerstone of which will be GE’s Wall of Analytics that processes real-time data from multiple source systems across the hospital.

Read more: How One Hospital is ...

 

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