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Energy market research consultancy Delta-EE has published its ‘Connected Homes State of the Market 2021’ report that reveals connected climate control expenditure rose by 10% versus 2019. These sales were driven by around 3 million households across Europe purchasing the connected climate controls, up from 2.7 million in 2019, largely in the UK and Germany.
Smart thermostats continued to drive the lion’s share of sales, and connected thermostatic radiator valves (TRVs) and connected electric heating were the next most popular choices.
Though Covid-19 negatively affected the first months of 2020, the rest of the year saw steady growth, with approximately 4.4m devices sold over the course of the year.
Ricardo Lopez, connected homes research manager at Delta-EE, says: “Covid-19 had brought our attention closer to our home – quite literally – with many of us looking more closely at our household’s climate. The demand for efficiency and connectivity skyrocketed and we don’t expect it to slow down any time soon. So far in 2021, we have already seen record sales in January and February for many connected climate control providers and we anticipate this trend to continue, with 23% market growth per year on average for the next three years.”
Alongside Covid, key market drivers covered in the Connected Homes; State of the Market 2021 report include connected controls, connected home solutions platforms (such as Nest and Hive), HVAC connectivity, and smart meters.