Smart Grid Appliance Market May Reach $15B by 2015

More people are now searching for those energy savings and deciding to purchase smart appliances. According to the evironmentalleader.com, the global household smart appliance market is projected to grow from $3.06 billion in 2011 to $15.12 billion in 2015, says the “Smart Appliance Report” from Zpryme.

“Looking at the top product types projected for smart grid interoperability, in 2015 the global market size for smart washers and smart refrigerators, respectively, will reach $3.54 billion and $2.69 billion.“Consumer education from every member of the smart grid ecosystem is critical to making the smart grid a global victory for all stakeholders,” said Mark Ishac, Managing Director of Zpryme’s Going Green Practice.

In 2011, the U.S. is projected to dominate the household smart appliance market, accounting for 46 percent ($1.43 billion) of the global market, Ishac said.

That leading market share is projected to decline, however. By 2015, the U.S. market share is projected to be 36 percent ($5.46 billion).”

Full story: http://www.environmentalleader.com/2010/03/05/smart-grid-appliance-market-may-reach-15b-by-2015/

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