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WirelessDevNet.com Press Release
Wireless and Powerline Controls Market to Exceed $3 billion in Revenues by 2012
New applications and consumer demand will push installed base to 60 million in 2012
Consumer demand for intelligent control applications will push U.S. revenues for wireless and powerline controls from $740 million in 2008 to over $3 billion in 2012, according to Opportunities for Wireless & Powerline Controls.
This new report from Parks Associates forecasts 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 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."
Opportunities for Wireless & Powerline Controls builds on surveys with consumers and principals in the home systems installation channel and features forecasts for wireless and powerline controls. For more information, visit http://www.parksassociates.com or contact 972-490-1113 or sales@parksassociates.com.
About Parks Associates
Parks Associates is an internationally recognized market research and consulting company specializing in emerging consumer technology products and services. Founded in 1986, Parks Associates creates research capital for companies ranging from Fortune 500 to small start-ups through market reports, primary studies, consumer research, custom research, workshops, executive conferences, and annual service subscriptions.
The company's expertise includes new media, digital entertainment and gaming, home networks, Internet and television services, digital health, mobile applications and services, consumer electronics, and home control systems and security.
Each year, Parks Associates hosts executive thought leadership conferences CONNECTIONS™, in partnership with the Consumer Electronics Association (CEA®), and CONNECTIONS™ Europe. In addition, Parks Associates produces the online publication Industry Insights in conjunction with the CONNECTIONS™ Conference series.
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