in Up Front
print the content item

Global sales of smart appliances will climb rapidly over the remainder of the decade, reaching just under 45 million units by 2020, finds a new report from Pike Research.

Several key players in the general appliance market - including Bosch, Electrolux, GE, Indesit and Whirlpool - have pilot smart-appliance programs under way. However, some manufacturers have taken a wait-and-see approach to the smart grid. These appliance makers are concerned with the size and scope of projects relative to the number of meters being installed.

With millions of meters deployed, manufacturers would like to see more efforts toward understanding consumer responses to smart appliances and to the overall smart grid, the report notes. As with many smart grid initiatives, utilities and service providers are learning that positive customer engagement is vital to success.

According to the report, the highest-volume segments in the smart-appliance market will be clothes dryers, clothes washers, dishwashers and refrigerators/freezers. Other smaller market segments will include water heaters, window air-conditioning units and ranges/hobs/ovens.

“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.

“However, consumers will only be motivated to move to smart appliances prior to their 10-year average replacement cycle if the appliances have the right price and enable them to save on energy costs,” she adds. “Economies of scale, better technical integration and the emergence of dynamic pricing are critical elements to realizing the potential of the smart-appliance market.”



Hse SandyHook
Latest Top Stories

Does Income Determine Who Benefits The Most From Smart Grids?

According to the Smart Grid Consumer Collaborative, low-income consumers may be at a disadvantage.


Accenture And Siemens Form Smart Grid Joint Venture

OMNETRIC Group will help utilities improve energy efficiency, grid operations and reliability.


Maine Public Utilities Commission: Smart Meters Are Safe

According to a report by the commission, there is no direct link between smart meters and health issues.


Report: Global Solar Deployment Topped Wind In 2013

Research firm Clean Edge finds that solar surpassed wind for the first time since it began tracking international markets in 2000.


HEM Is Key For Utilities To Maintain A Competitive Edge

According to a report by Lux Research, automated meters, electricity rates and renewable energy are crucial to the success of home energy management.

S&C Electric_id176
edf_id