Canadian Electrical Industry News Week

Smart Buildings

 

September 22, 2017

The global smart building market is projected to grow from an estimated $US7.42 billion in 2017 to $US31.74 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 33.7%, according to a new market report. A growing need for integrated security and safety systems and decreasing operational costs are some of the major factors driving the market.

A smart building uses automated process to control required operations, including heating, ventilation, air conditioning and other systems. Smart buildings enable occupants to use control lighting, temperature and air quality more efficiently and at a lower cost than buildings that are not connected.

Based on building type, the residential building segment is expected to grow at the highest CAGR. However, commercial buildings are estimated to be the largest segment in the smart building market in 2017. Commercial buildings account for a major share of the overall building automation software market, as it includes large office buildings, commercial building parks, retail facilities such as malls and shopping stores, hotels and restaurants, and other non-manufacturing commercial buildings that use increasingly automated technology. The demand for energy conservation and reduction of overall operating costs is the highest in this sector.

Factors that affect market growth include the high initial investment costs for a smart building. Thus, the high initial costs involved in the design and installation of building automation is a major restraint for building owners or buyers with respect to the smart building concept. Building owners and end users often do not realize that the cost is primarily dependent on the complexity involved in integrating different applications. However, growing efforts by manufacturers, facility managers, and governments to increase customer awareness of the long-term benefits of installing building automation systems are expected to reduce the impact of this restraining factor in future.

The 126-page report, Smart Building Market by Type (Building Automation Software, Services), Building Type (Intelligent Security System, Building Energy Management System, Infrastructure Management, and Network Management System), and Region — Global Forecast to 2022, contains 73 market data tables and 33 figures. Find out more: http://www.marketsandmarkets.com/PressReleases/smart-building.asp

image: https://www.forbes.com/sites/honeywell/2016/10/28/why-we-need-smart-buildings/#2bcd552d77d9

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Electrician Forum Brought to you by Schneider Electric

Schneider Electric

June 25, 2018

Sponsored by Schneider Electric

Today we are all concerned with the energy we consume within our homes. But how many truly understand the ins and outs of home energy use, and where exactly does the electrician and the development of energy management systems come into play. There is much to consider when discussing home energy use. The consumer first off needs to be informed about energy use, how it is calculated and ultimately billed if they are to make changes to their energy consumption rates. But in terms of educating consumers does the residential electrician have a role? And beyond that are manufacturers developing products designed to help electricians and consumers better understand residential energy use? Throughout this article we will deal with each of these important questions.

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Schneider

A new “future ready” circuit breaker from Schneider Electric is described by the company as the next generation of power distribution for the Internet of Things (IoT) era. Masterpact MTZ increases efficiency and can adapt to ever-evolving needs for safety, reliability and sustainability. The world is becoming more connected, electric, digitized, decarbonized, and decentralized, says Schneider Electric. Power distribution is facing new regulations, becoming more seamless and connected. 

Masterpact MTZ is the latest in a series of circuit breaker innovations, following Masterpact M, and then Masterpact NT/NW.

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Copper $US Dollar price per pound


Jeremy Herrington

Total Electrical Solutions was founded in 2013 by Jeremy Herrington in Quispamsis, on the outskirts of Saint John, New Brunswick. Since 2013 Jeremy has steadily grown Total Electrical Solutions in the residential, commercial and construction sectors. The growth is primarily the result of Jeremy’s customer first philosophy, plus his over 20 years of industry experience.

Jeremy grew up learning about the industry from his father who was an electrical contractor. Jeremy spent his early years helping and watching his father as a contractor and business owner. After high school Jeremy was, like many, not wholly aware of the course he wished to take and so he began an electrical apprenticeship at his father’s company.

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