Canadian Electrical Industry News Week

May 31, 2016

Worldwide shipments of communicating and smart thermostats are expected to grow from 926,000 annually in 2014 to 19.2 million by 2023, according to a new report from Navigant Research. The report analyzes the global market opportunities for communicating and smart thermostats, including global forecasts for unit shipments, average selling prices, revenue, and penetration rates.

First introduced in the late 2000s, smart thermostat technology has only recently gained real traction among customers. During the last year, the market for communicating and smart thermostats has expanded rapidly, with new offerings from several high-profile providers.

“In North America and Europe, interest in smart thermostat technology is growing among utilities and energy retailers, as well as consumers,” says Lauren Callaway, research analyst with Navigant Research. “In addition, small businesses are increasingly adopting solutions originally intended for residences as a low-cost way to manage energy use of HVAC systems.”

Amid a wide spectrum of offerings, three main technology segments have emerged, according to the report:

  • communicating thermostats
  • smart thermostats
  • software and services

Global revenue for communicating and smart thermostats and associated software and services is expected to grow from US$1.1 billion in 2016 to US$4.4 billion in 2025.

Distribution channels vary. Telecommunications and broadband service providers, home security companies, and heating, ventilating, and air conditioning (HVAC) installers are racing to incorporate advanced thermostats into their solutions. Software and services, especially those that are cloud-based, have become a vital part of these more intelligent thermostats, providing data-based insights and opportunities that increase the value of these devices.

Because these devices and software have varying degrees of capability for a range of functions — controlling temperature, analytics and automation, connectivity to home area networks, responding to utility pricing signals (e.g., time-of-use and demand response), and accessing cloud-based services — they appeal to multiple customer segments, not just end users.

The report, “Smart Thermostats,” analyzes the global market opportunities for communicating and smart thermostats. It 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.

Find out more: http://www.navigantresearch.com/research/smart-thermostats.

 

       Partnering For The Next Step                

Siemens CanadaWelcome to the Digital Enterprise Virtual Summit brought to you by Siemens

How quickly can you react to changing conditions and demands in your market? How can you ensure your production will run securely at any time in the future?

Industry’s digital and technological transformation is the answer for meeting today’s and tomorrow’s challenges and market needs.

With the right digitalization and automation solutions, expertise won from practical experience, and a partnership approach that benefits all involved parties.

To explore these possibilities, we’re bringing together top-level speakers, specialists and decision-makers from various industries and experts from Siemens

to the Digital Enterprise Virtual Summit under the motto “Partnering for the next step.”   

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Changing Scene

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“Re-envisioning Electrical Switchboards”: For light commercial applications, the status quo is no longer enough

Eaton

Whether you’re a contractor or consultant, compact footprint and shorter lead times are a priority. At Eaton, we understand these challenges. That’s why we have re-envisioned our traditional electrical switchboard to assess how it could better serve light commercial applications. The result? The Pow-R-Line CS. 

Join Eaton’s webinar on June 30th, 2020 and learn the secret to shorter lead times alongside the additional benefits of:

 -  Versatile Configuration - Cost Effectiveness - Plus a Complimentary 3D Product Demonstration!

Sign up and join our host Annu Yadav - Distributor Programs Manager and our presenter Aditya Ramesh - Product Manger of Panelboards & Switchboards. Looking forward to seeing you there!

Click Here To Register.

 

WestburneMany contractors prefer to deal with the people that they know, in their local branch. When doing a job out of town, it’s often inconvenient or simply impossible to return to your home branch to pick up material orders for the next day, within standard business hours.

Westburne’s new locker solution extends the branch’s pick up times to 24 hours, 7 days a week.

 

 

 


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EmployeesBy Terry Becker

All electrical incidents are preventable! Keep employees safe with an up-to-date electrical safety program and complimentary training.

“Employees don’t do what you expect, they do what you inspect!” This is a great quote when it comes down to occupational health and safety. The need for ensuring that an audit is a key component of your overall occupational health and safety management system and your company’s electrical safety program is essential.

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Product News

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Littelfuse have expanded its DCN Series of high voltage direct current (DC) contactors.   ...
The Pull-handle Butterfly Valve Lockout. Its simple, fold-over design effectively lockspull handles ...
LEDVANCE is launching, on July 2020, SYLVANIA SubstiTUBE PS Natural LED T8 Lamps and ...
Luminis has improved and expanded its Maya family of exterior luminaires. Improvements in design ...
A new 8” diameter size has been added to the 12” and 16” existing diameters. The translucent white ...
Universal’s EVERLINE® Vapor Tight is ideal for unforgiving lighting environments. These durable LED ...

 

Brady Pull-Handle Butterfly Valve LockoutThe Pull-handle Butterfly Valve Lockout. Its simple, fold-over design effectively lockspull handles in any desired position. And, it holds up to four padlocks for added safety. No matter what industry you’re in, this versatile, one-piece lockout device bolsters your safety lockout solution. And that’s a welcome addition to any lockout program. With this device you’ll also get:

  • A great fit – exclusive, anti-pivot lockout device that fits a variety of pull handle butterfly valve sizes

 

 

 

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Peers & Profiles

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Meredith Halfpenny is a Wind Site Technician with Boralex where she inspects, maintains, and ...
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Founded by Warren Osak, Electromate specializes in Robotic and Mechatronic Solutions, distributing ...
 Will West is a first-year apprentice working in the solar industry with Hakai Energy ...
“It’s definitely the Olympics of our trade,” said Lance Giesbrecht of the Ideal National ...
Tommy Carducci is a 14-year industry veteran working with Seneca Electrical and was one of 18 ...
Legend Power Systems is an innovative Canadian company headquartered out of Vancouver, B.C. Their ...

Shannon TymoskoBy Blake Marchand

Shannon Tymosko is a first-year apprentice with IBEW (International Brotherhood of Electrical Workers) Local 105, something she undertook after 10 years working her way up the ranks of a payday loan company.

“One of the things I love, working in the trades, is you can see your progress and you can see at the end of the day the work that you have done.

 

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