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Manasota Air Conditioning Contractors Association

The Homeowner, Contractor, and the Smart Thermostat Market

Friday, November 08, 2024 12:29 PM | Anonymous

A recent survey highlights trends in homeowner and contractor familiarity with smart HVAC features. Smart thermostats are the most recognized devices among homeowners, but awareness diminishes regarding other smart products like filters, vents, and dampers. Despite high recognition of smart thermostats, adoption remains low, at around 17-20%. Factors such as government incentives, rising energy costs, and increased awareness have fueled interest, yet many consumers still prioritize other smart home devices.

Experts indicate that while the smart thermostat market has significant growth potential, adoption has been moderated by trends in new home construction and changing consumer spending habits. As technology advances and smart home systems become more integrated, the role of professional HVAC contractors is expected to expand, particularly regarding data privacy and the complexity of installations. Overall, the smart thermostat market is set for continued growth, providing opportunities for contractors to enhance energy efficiency for homeowners. Click here to read more.

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