The European market for Connected Home energy products has reached over 0.5 million cumulative sales in 2014 and will grow to 2.5 million systems installed annually by 2017, according to a new forecast from research firm Delta-ee.
By 2017 Germany will lead the market with just under one million dwellings equipped annually with connected home energy products – including smart heating controls, remote diagnostic, electricity tariff optimisation, optimisation of on-site generation and non-energy gateways. The UK is predicted to be the second biggest European country with 700,000 installations per year. The Netherlands and France will see a slower but significant growth collectively, with a further 700,000 annual products under the forecaster’s central scenario.
Arthur Jouannic, Senior Analyst at Delta-ee, said: ‘Getting to scale quickly will allow connected home providers to generate revenue from new services and to reduce costs from core offerings. RWE in Germany, British Gas in the UK and Eneco in the Netherlands are already on this quest for volume and are responsible for a large part of the 2014 installations.’