The European market for ‘connected home’ energy products has reached over 500,000 cumulative sales in 2014 and will grow to 2.5 million systems installed annually by 2017, research from Delta-ee has found.
Connected home energy products include smart heating controls, remote diagnostic, electricity tariff optimisation, optimisation of onsite generation and non-energy gateways with possible energy add-ons.
Germany is tipped to lead the way, with just under one million dwellings equipped annually with connected home products by 2017.
The UK is predicted to be the second biggest European country, with around 700,000 installations a year.
The Netherlands and France are expected to see slower but significant growth, with collectively a further 700,000 products installed.
Delta-ee senior analyst Arthur Jouannic said: “It isn’t a matter of if anymore, it is a matter of who will manage to bring the right customer proposition in each country, while creating upstream values for the industry.”
These are just some of the findings from the latest research published under the Delta-ee Connected Home Service.
The detailed market analysis reveals who the key players are, what type of products are the most attractive, what are the key growth factors from the policy, industry and customer sides for each of the leading European countries.