However, the dealer market is still responsible for more than half of all sales in the U.S., according to Tom Kerber, director of research at Parks Associates. He said that in the premium tier of the dealer market, smart thermostats make up about 10 percent to 20 percent of the market, so there is still significant space for penetration in that sector, and also in the mid-tier market. Nest is not a major player in the dealer market, according to Parks Associates' research.

From the article "Honeywell’s New Smart Thermostat Goes Back to Its Round Design Roots" by Katherine Tweed. 

Next: What Is a Smart Home? Most People Don’t Know
Previous: Smart Energy Summit to focus on in-home energy management and control solutions

Be the first to leave a comment.

Have a comment? Login or create an account to start a discussion.