Demand for intelligent control applications will push U.S. revenues for consumer wireless and powerline controls from $740 million in 2008 to over $3 billion in 2012, according to the latest market study by Parks Associates.
They forecast the installed base for these technologies will skyrocket to nearly 60 million in 2012, thanks in large part to key players entering this market. Companies including Black & Decker, Schlage, Hawking, iControl, and Wayne Dalton have all announced new products targeting access control, remote monitoring, and consumer energy management applications.
Zilog recently announced a new control platform incorporating both wired and wireless connectivity interfaces that provides consumers with remote access and control through WiFi-enabled handheld devices, including the Apple iPhone and the BlackBerry Curve.
"The era of electronic home controls has arrived," said Bill Ablondi, Director, Home Systems Research, Parks Associates. "Technological advancements, the migration to IP-based systems, and the entry of key companies are all driving this market."
The report finds entertainment controls, including advanced universal remote controllers, will drive growth in wireless controls. Lighting applications will drive the opportunities for powerline controls.
"Another key application is remote home monitoring," Ablondi said. "We expect to see major manufacturers join forces with telecommunications and video service providers to fuel consumer demand for remote monitoring and Web-based security services."
They forecast the installed base for these technologies will skyrocket to nearly 60 million in 2012, thanks in large part to key players entering this market. Companies including Black & Decker, Schlage, Hawking, iControl, and Wayne Dalton have all announced new products targeting access control, remote monitoring, and consumer energy management applications.
Zilog recently announced a new control platform incorporating both wired and wireless connectivity interfaces that provides consumers with remote access and control through WiFi-enabled handheld devices, including the Apple iPhone and the BlackBerry Curve.
"The era of electronic home controls has arrived," said Bill Ablondi, Director, Home Systems Research, Parks Associates. "Technological advancements, the migration to IP-based systems, and the entry of key companies are all driving this market."
The report finds entertainment controls, including advanced universal remote controllers, will drive growth in wireless controls. Lighting applications will drive the opportunities for powerline controls.
"Another key application is remote home monitoring," Ablondi said. "We expect to see major manufacturers join forces with telecommunications and video service providers to fuel consumer demand for remote monitoring and Web-based security services."