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

  • Prev
 Electro-Federation Canada (EFC) announced the launch of its new brand identity last ...
WANTED: Skilled Electrician. Apprentice. or Team  Must be able to perform a simple wiring ...
  Malcolm Bird, General Manager of Fusetek, and Frank Dunnigan, CEO of Techspan Industries, ...
  EiKO, a manufacturer and distributor of premium lighting products, is expanding its ...
  The new CSA C83-17 offers utilities a comprehensive list of components, with critical ...
  Schneider Electric Canada has just launched Go Green in the City 2018, its global ...
  A new report published by Philips Lighting and SmartCitiesWorld highlights drivers and ...
This ongoing study provides industry with information on the most up-to-date issues and statistics ...

 Electrician Forum Brought to You by Schneider Electric             

The Electrician Forum is a monthly column that provides valuable information to electricians and electrical contractors on current industry trends and concerns. 

Schneider ElectricSponsored by Schneider Electric

In this issue: 

Quite simply put if you feel that job site costing and quote development are a lot of work, you are right! To properly assess a job and estimate the required work time, product costs and various other expenses can take more time than is often feasible for a small company. You need to be spending your time completing projects, which can become difficult if you are spending your hours doing cost analysis. We learned this first hand in last month’s edition of the Electrician Forum when Steve Beeby of Beehive Electric discussed the balance required to own and operate an electrical contracting company.

read more...

Watch a portion of the interview conducted by Electrical Industry Canada with Steve Beeby of Beehive Electric

 

Codes and Regulations Brought to You by the CSA Group

  • Prev
In this article: Section 58 — Passenger Ropeways and Similar Equipment. Rule 58-000 ...
  Unauthorized CSA Group certification marks have been found on wiring by Triumph Cable ...
In this article: Section 52 — Diagnostic imaging installations. The CE code is a ...
In this article: Section 46 — Emergency Power Supply, Unit Equipment, Exit Signs, and ...
  In this article: Section 44 — Theatre Installations. The CE Code is a ...
CSA has published C22.2 No. 60947-7-3, the harmonized standard for low-voltage switchgear and ...
  Electric welders. The CE Code is a comprehensive document. Sometimes it can seem ...
  In this article: Section 40 — Electric cranes and hoists. The CE Code is a ...

Fluke Hammon Healy

As our population grows and consumers continue to rely on technology for both essentials and comfort, the need for power quality has become vital. Fluke is a leader in this field, offering power quality training seminars, as well as employing power quality specialists with years of industry experience.

This month’s personal profile is a double feature of two of Fluke’s senior power quality specialists, Hilton Hammond and Frank Healy.

Hilton Hammond has been with Fluke since 1995, and in 2013 moved into his current position as Power Quality Business Unit Manager. He has a deep and thorough knowledge of power quality and related electrical instrumentation. 

Frank Healy, Power Quality Product Marketing Manager at Fluke since 2006, has been in the industry for well over three decades. He globally manages Fluke’s power quality products, including measuring instruments and precision power analyzers.

Read More



Tools for the Trade

  • Prev
  IDEAL Industries has introduced Combination Drill Taps to its tool lineup. Combining the ...
  Stripping and crimping device, 100 - 240 V input voltage, for insulated ferrules with a ...
Professional all-in-one cutter/stripper for coaxial and twisted pair cables     ...
  Klein Tools' Coax Explorrer 2 tests coaxial cable and maps up to 4 locations   ...
  Ideal Industries' T-14 wire stripper s are ideal for all professionals working within the ...
  The ATS850 conveyor eliminates all types of electro static discharge requirements. ...
  Lorik Tool & Automation has the experience and ability to manufacture a variety of ...
  Ideal Industries' 26 piece insulated Journeyman kit is ideal for new electricians or for ...
  Klein Tools Deluxe Fish Rod Set comes in 19 pieces that when assembled can fish wire and ...
  BendWorks Software was designed to help electrical contractors adopt this new process ...

Product News

  • Prev
  With its new high-intensity PODIS® LED lamps, WIELAND offers pluggable, ...
  As easy as pick, slip and apply!  This intuitive multi-tool is designed to help ...
  Designed to easily fit into panels or busbars where space may be ...
SGi’s 1 watt dimmable StarBurst LED Step Light promotes equal amounts of beauty and safety. ...
The Nova UAC-P 2500W is a larger emergency lighting power supply than Beghelli’s classic Nova ...
Brady’s new BradyPrinter i5100 industrial label printer offers intelligent print capabilities ...
Standard has launched a new product in its Lumeina downlight series: this 6-watt module is now ...
  The integrated systems simplify specification, sourcing and installation, and procure a ...
  Pioneer Lighting now offers a full line of low profile LED surface strips with a wide ...
  The LUNA Series by Liteline, sits proudly between a premium integrated LED ...

 

Peers & Profiles

  • Prev
David Johns is a unique and dedicated individual both at home and in the workplace. At home he is a ...
    Sean Freeman is a vibrant, enthusiastic and selfless individual who has taken his ...
  Automation companies are drivers of innovation, and have penetrated near every industry ...
Total Electrical Solutions was founded in 2013 by Jeremy Herrington in Quispamsis, on the outskirts ...
Andrew MacLeod is a territory sales manager with Leviton Manufacturing of Canada in British ...
  Floyd Lau founded Amptek Technologies in 2002 as an end to end engineering design ...
Mike Marsh, President and CEO of SaskPower, has been a leading figure in Saskatchewan’s ...
Gordon MacDonald is a cheerful, driven individual who loves to be challenged, a trait that suits ...
  Most of us have a difficult enough time managing one job and a home life. However, some ...
  Since 2012 Barnstormer has advanced the abilities of their brewery with the installation ...

Copper $US Dollar price per pound

Kerrwil Publications

538 Elizabeth Street, Midland,Ontario, Canada L4R2A3 +1 705 527 7666
2016 All rights reserved

Use of this Site constitutes acceptance of our Privacy Policy (effective 1.1.2016)
The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Kerrwil