HEMS

Tuya Highlights Home Energy Management System and Net Zero Solutions for Smart Energy Industry at CES 2024

Retrieved on: 
Friday, January 12, 2024

LAS VEGAS, Jan. 12, 2024 /PRNewswire/ -- Tuya Smart ("Tuya" or the "Company") (NYSE: TUYA; HKEX: 2391), a global IoT developer service provider, unveiled its innovative Home Energy Management System (HEMS) and Net Zero Solutions at CES 2024, as the highlight of its presentation.

Key Points: 
  • LAS VEGAS, Jan. 12, 2024 /PRNewswire/ -- Tuya Smart ("Tuya" or the "Company") (NYSE: TUYA; HKEX: 2391), a global IoT developer service provider, unveiled its innovative Home Energy Management System (HEMS) and Net Zero Solutions at CES 2024, as the highlight of its presentation.
  • In response to transformative changes in the global energy landscape, Tuya introduced its Home Energy Management System (HEMS).
  • Enabling visual management of energy data such as electricity chain, storage, charging, and consumption, HEMS minimizes household energy consumption and usage costs.
  • At CES 2024, Tuya is showcasing its Home Energy Management System, offering visitors an immersive experience.

Smart Energy Market size to increase by USD 7.26 billion from 2023 to 2028, ABB Ltd., Cisco Systems Inc., Delta Electronics Inc., and more among key companies - Technavio

Retrieved on: 
Friday, January 5, 2024

NEW YORK, Jan. 5, 2024 /PRNewswire/ -- The smart energy market size is expected to grow by USD 7.26 billion from 2023 to 2028.

Key Points: 
  • NEW YORK, Jan. 5, 2024 /PRNewswire/ -- The smart energy market size is expected to grow by USD 7.26 billion from 2023 to 2028.
  • In addition, the growth momentum of the market will progress at a CAGR of 19.1% during the forecast period, according to Technavio.
  • The rising adoption of smart grid technologies is notably driving the smart energy market.
  • However, factors such as intermittency in solar energy may impede market growth.

Tuya Smart to Showcase Its Cutting-edge Technologies and Innovative Solutions at CES 2024

Retrieved on: 
Thursday, December 21, 2023

Tuya followed the main theme and established its exhibition hall under the theme of "All Together, All On Smart."

Key Points: 
  • Tuya followed the main theme and established its exhibition hall under the theme of "All Together, All On Smart."
  • Tuya will reveal its Four Signature Colors for 2024 , Peach Fuzz, Bermuda Green, Aurora Pink, and Little Boy Blue, at CES 2024.
  • Tuya will showcase a wide range of popular and cutting-edge Tuya-enabled products at CES 2024.
  • Tuya Day, Tuya's signature event, will also be upgraded to Tuya Developer Day at CES 2024.

Everdrone introduces game-changing multipurpose E2 drone to revolutionize emergency response

Retrieved on: 
Wednesday, October 25, 2023

With the new E2 multipurpose drone, emergency deliveries of time-sensitive medical equipment will now be complemented with the possibility of transmitting live hi-res and IR video, adding up to a unique multipurpose solution.

Key Points: 
  • With the new E2 multipurpose drone, emergency deliveries of time-sensitive medical equipment will now be complemented with the possibility of transmitting live hi-res and IR video, adding up to a unique multipurpose solution.
  • "The advantages the E2 drone and it's increase in payload capability makes possible are massive," says Everdrone CEO Mats Sällström.
  • Combined with predictive analysis of drone grid performance, the E2 enables response times of two minutes on average.
  • This flexible, multipurpose combination is the most complete solution available on the market and will help transform emergency response services forever".

Guidehouse Insights Estimates Market for Residential Energy Management Systems Will Grow to $1.3 Billion by 2032

Retrieved on: 
Thursday, October 19, 2023

BOULDER, Colo., Oct. 19, 2023 /PRNewswire/ -- A new report from Guidehouse Insights examines the market for residential energy management systems (REMS) that monitor and manage one or more parts of a home's energy system.

Key Points: 
  • BOULDER, Colo., Oct. 19, 2023 /PRNewswire/ -- A new report from Guidehouse Insights examines the market for residential energy management systems (REMS) that monitor and manage one or more parts of a home's energy system.
  • The market for REMS is expected to grow over the next decade due to greater demand for home energy management solutions from the two main customer segments in this market: in-home REMS and grid-based REMS.
  • Guidehouse Insights defines in-home REMS as any system that is installed in a home, often referred to as behind-the-meter technologies.
  • The report, Residential Energy Management Systems , analyzes the global market for REMS in two main segments: in-home REMS and grid-based REMS.

OBLO Joins Connectivity Standards Alliance and Adds Matter Support

Retrieved on: 
Wednesday, September 13, 2023

NOVI SAD, Serbia, Sept. 13, 2023 /PRNewswire/ -- OBLO, a leading innovator in the smart home industry, is excited to announce its membership in the Connectivity Standards Alliance (CSA), and the integration of Matter protocol support into its cutting-edge smart home solution.

Key Points: 
  • NOVI SAD, Serbia, Sept. 13, 2023 /PRNewswire/ -- OBLO, a leading innovator in the smart home industry, is excited to announce its membership in the Connectivity Standards Alliance (CSA), and the integration of Matter protocol support into its cutting-edge smart home solution.
  • Matter, the industry-unifying standard, is designed to simplify smart homes by ensuring that smart devices seamlessly work with each other across various platforms and ecosystems.
  • OBLO serves as the bridge between existing systems and the emerging Matter ecosystem.
  • This, in turn, creates a truly connected and intelligent home environment," said Istvan Papp, VP Engineering, OBLO.

OBLO Joins Connectivity Standards Alliance and Adds Matter Support

Retrieved on: 
Wednesday, September 13, 2023

NOVI SAD, Serbia, Sept. 13, 2023 /PRNewswire/ -- OBLO, a leading innovator in the smart home industry, is excited to announce its membership in the Connectivity Standards Alliance (CSA), and the integration of Matter protocol support into its cutting-edge smart home solution.

Key Points: 
  • NOVI SAD, Serbia, Sept. 13, 2023 /PRNewswire/ -- OBLO, a leading innovator in the smart home industry, is excited to announce its membership in the Connectivity Standards Alliance (CSA), and the integration of Matter protocol support into its cutting-edge smart home solution.
  • Matter, the industry-unifying standard, is designed to simplify smart homes by ensuring that smart devices seamlessly work with each other across various platforms and ecosystems.
  • OBLO serves as the bridge between existing systems and the emerging Matter ecosystem.
  • This, in turn, creates a truly connected and intelligent home environment," said Istvan Papp, VP Engineering, OBLO.

Pioneering the Future of Smart Homes with Home Energy Management System

Retrieved on: 
Friday, August 18, 2023

Na pointed out that HEMS is the future of smart homes.

Key Points: 
  • Na pointed out that HEMS is the future of smart homes.
  • From the perspective of product commercialization, smart devices with power-saving functions, such as smart plugs and smart thermostats, have emerged and gradually gained popularity in overseas markets.
  • Ultimately, it seeks to truly achieve energy conservation and emission reduction in the smart home fields through home electricity strategy management.
  • Transitioning from empowering smart homes to providing home new energy management solutions is a huge blue ocean market, and the venture is in the line with Tuya's core competencies.

Global Home Energy Management Systems Market Poised for 14.5% CAGR from 2023 to 2031, Driven by Rising Electricity Costs and Need for Optimal Energy Management - ResearchAndMarkets.com

Retrieved on: 
Wednesday, July 19, 2023

As electricity costs continue to climb, the need for optimal energy management is driving significant growth in the Home Energy Management Systems (HEMS) market.

Key Points: 
  • As electricity costs continue to climb, the need for optimal energy management is driving significant growth in the Home Energy Management Systems (HEMS) market.
  • The market is predicted to expand at a compounded annual growth rate (CAGR) of 14.5% between 2023 and 2031.
  • Rising electricity expenses and the consequential need for better energy management have been identified as major factors propelling market growth.
  • Control Devices (Lighting Control Systems, Thermostats, Smart Plugs, etc)
    User Interface Devices (Home Energy Display, Web Dashboard, etc)

Europe and North America Home Energy Management Systems Market - 1st Edition - ResearchAndMarkets.com

Retrieved on: 
Wednesday, July 12, 2023

The "The Home Energy Management Systems Market - 1st Edition" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "The Home Energy Management Systems Market - 1st Edition" report has been added to ResearchAndMarkets.com's offering.
  • A wider HEMS also integrates backup generators, EV chargers, heat pumps, home appliances and other connected products and systems in the home.
  • This figure includes both new installations of solar PV + battery storage systems as well as installations of battery storage systems in existing solar PV systems (i.e.
  • The residential sector accounts for about a fourth of the total energy consumption in North America and Europe.