Over 25 Million Smart Energy Management Devices Will be Shipped to US Consumers in the Next Five Years

According to a new report by IMS Research, a leading supplier of market research and consultancy to the global electronics industry, over 25 million ‘smart grid-enabled' devices, such as smart thermostats, smart energy displays, and smart appliances with the ability to communicate with smart meters, will be shipped in the U.S. in the next five years.
“The United States is often considered to be at the forefront of smart grid development, and energy reform is high on the U.S. Government's agenda,” says Lisa Arrowsmith, Senior Analyst, IMS Research. “The American Recovery and Reinvestment Act of 2009 stimulated large investment in ‘smart meters' which provide two-way communication between people's electricity meters and utility companies, enabling the utility company to remotely measure how much electricity consumers are using and send signals to the meter, enabling functions such as variable pricing tariffs. Increasingly, smart meters will be able to ‘talk' to in-home devices, such as smart thermostats or appliances.”  Read more