HAN is a network of energy management devices, consumer electronics, signal-controlled appliances, and applications within a home. It is the communication capability within a home. HAN specifications include Zigbee, HomePlug, Z-Wave, and Wireless M-Bus. Instead of a network of servers and computers, HAN connects devices that are capable of sending and receiving signals from a meter, in-home displays, and HEM applications.
Technavio's analysts forecast the global smart grid HAN market to grow at a CAGR of 15.1% over the period 2014-2019.
Covered in this Report
The report covers the present scenario and the growth prospects of the global smart grid HAN market for the period 2015-2019. The market can be segmented into two based on application: IHD and networked HEM.
Technavio's report, Global Smart Grid HAN Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
Technavio Announces the Publication of its Research Report – Global Smart Grid Home Area Network (HAN) Market 2015-2019
Technavio recognizes the following companies as the key players in the Global Smart Grid Home Area Network (HAN) Market: Control4, Cisco Systems, GE Energy, Silver Spring Networks and Tendril Networks
Other Prominent Vendors in the market are: Calico Energy, Google, Honeywell and Motorola Mobility Holdings
Commenting on the report, an analyst from Technavio’s team said: “The use of N-PLC has increased in areas such as renewable energy, advanced metering, and electrical vehicles, which is aiding the growth of the market. The other major trend is the increased adoption of standards that define the use of technologies and the parameters with which they must be deployed.”
According to the report, an increase in smart grid deployments is one of the significant driving factors for the market growth. The major difference between smart grids and traditional power grids is the ability of the smart grid to facilitate two-way communications, which are performed through the smart grid communication networks that form an integral part of the smart grid. The smart grid communicates the usage to the smart meters, which in turn interact with consumers through the HAN. The demand in the global smart grid home area network market is set to increase with the development of the smart grid industry.
Further, the report states that since a smart energy meter in the grid is connected to various communication networks, it is frequently exposed to viruses and cyber-attacks, which may compromise important data. This will be one of the significant drawbacks that will negatively affect the market.
Control4, Cisco Systems, GE Energy, Silver Spring Networks, Tendril Networks, Calico Energy, Google, Honeywell, Motorola Mobility Holdings
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook