Innovations help consumers control energy consumption
Implications - The traditional way to reduce energy use and subsequently save money has been to actively and consciously monitor one's own energy consumption. Today, however, there are devices that help people manage their use of power, ensuring that they don't have to worry about going overboard on energy use again. These devices, which range from superior, hi-tech thermostats to special cords and plugs, present a new wave of technology that aims to alleviate responsibility and stress of busy, on-the-go consumers.
Trend Themes
1. Smart Home Technologies - Technology that automates household tasks, allows for remote control, and provides energy savings opportunities.
2. Energy Management Systems - Tools that help consumers track and regulate personal energy consumption for better efficiency and reduced costs.
3. Mobility Integration - The inclusion of mobile connectivity in products and systems to allow for remote control and customization.
Industry Implications
1. Home Automation - Opportunities for developers and manufacturers to create innovative products that automate household systems.
2. Energy Management - Opportunities to develop and implement systems to track energy consumption and provide energy savings solutions.
3. Mobile Technology - Opportunities for mobile developers to create apps and integrate mobile connectivity into household products.
