North America, on account of tech-savvy end users and government incentives for smart appliance
manufacturers, constituted the highest market share in 2014, followed by Europe
LG's leadership in smart appliance
development has been in pursuing technological advancements that will make customers' lives more convenient and ultimately upgrade their quality of life," said Moon-bum Shin, executive vice-president and CEO of LG Electronics Home Appliance Company.
Ideally, a smart appliance
rollout would come equipped with federal rebates and state and utility incentives for purchasing consumers and tax incentives for manufacturers, and would help drive green jobs in the process.
Just as critical is the lack of technology infrastructure that's required for any type of home network or smart appliance
, says Kurt Jonckheer, CEO of Sequoyah International Restructuring, an information technology and telecommunications consultancy in Scottsdale, Ariz.
The Smart Appliance
Task Force first met this month.
According to a recent report from Pike Research, a part of Navigant's Energy Practice, the annual value of the smart appliance
market will grow from $613 million in 2012 to $34.
Positive growth around the world in the overall household appliance market presents opportunities for the smart appliance
submarket, especially with the continuing investment in smart grid initiatives," says research director Carol Stimmel.
com/research/1009922) provide six-year forecasts for the smart appliance
market and the utility-led HEMS market, respectively.
companies realize that there is a high probability of customers signing up for demand-response programs if they have access to energy management systems in the form of smart appliances
makers and leading consumer electronics companies will turn to specialized suppliers like Gridata to provide the integration platform for their intelligent components.
The Cool Connect Air Conditioner connects with the Frigidaire Smart Appliance
app, which lets consumers control the unit from their smart device.
Three recent reports - from Infonetics Research, Pike Research and In-Stat - point to impressive adoption and growth in wired home networking for connected home and smart appliance