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In The News

The Future Of Building Homes Is Now Intertwined With The Auto World

January 31, 2024

EVs and connected cars

home automation

Research group Parks Associates reports that 35% of households are familiar with the potential for EVs charging at home to automatically minimize costs by charging when rates are low, and 51% say its a valuable feature.

It is one automotive company taking advantage of the valuable opportunity for makers of electric vehicle supply equipment to capture new device categories such as smart panels and smart circuit breakers that can be utilized to manage large electrical loads in the home that Parks Associates recognized in their research.

From the article, "The Future Of Building Homes Is Now Intertwined With The Auto World" by Jennifer Castenson

Previously In The News

DIY Security, Home Automation: What’s a Pro to Do?

One chief reason for the meteoric rise in DIY competition, of course, is market penetration — read: the historical lack thereof. According to the latest Parks Associates research, 75% of U.S. househol...

4 Key Business and Lifestyle Trends Transforming Customer Demand

A study from Parks Associates found that “one-third of smart device owners in U.S. broadband households have increased usage of their devices during the COVID-19 pandemic, including 46% of smart door...

2018 Market Report: Security and the Smart Home Installation Channel

More than 60% of installing dealers now report that DIY systems are biting into demand for their services, according to the fifth annual Residential Security Market Report (2018) from the research fir...

Sleep Trackers Offer Money Making Opportunity

According to sleep research from Parks Associates, nearly 29 million U.S. broadband households currently own a product that helps them track their sleep quality, representing less than half of the nea...

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