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Smart Home Construction Trends and Technology

March 2, 2023

Smart home technology is designed to improve the living experience of homeowners by making their homes more comfortable, convenient and energy efficient. It also improves resale value.

Smart home technology is expected to grow in popularity over the next few years. It is a great way for builders to gain more business from homebuyers.

Smart Homes

Smart homes use technology and appliances to provide convenience, energy efficiency, safety and security. They also allow home owners to control their homes remotely from anywhere with a phone or tablet.

The popularity of smart homes is accelerating. The market for smart devices, sensors and software has exploded over the past few years, with sales up by nearly 50 percent in 2016.

As a result, homeowners and buyers are increasingly looking for new and renovated homes that are equipped with smart features and technologies. These include video doorbells, smart thermostats and other gadgets that make it easier to manage their homes.

Builders are responding to these trends and are providing customers with smart solutions to enhance their homes. These solutions are a great way to differentiate a property in today's competitive housing market and to help consumers save money on energy costs.

In addition, smart devices increase home value and resale potential by delivering a branded experience for the occupants, says Stephen Embry, a partner at Frost Brown Todd in Lexington, Ky., who recently discussed these issues with NAHB's Construction Liability, Risk Management and Building Materials Committee at the 2017 Mid-Year Meeting.

For builders and integrators, the challenge is to offer smart technologies that meet customer preferences while also helping them achieve their project budget. That requires a system that integrates all essential smart home controls.

That's where Schneider Electric's Wiser comes in, a complete solution that allows builders to easily scale their smart home systems to meet the needs of their customers and their projects. It includes a full range of smart home solutions, including lighting, shutters, heating and cooling, electrical appliances, and home access and security management.

Energy Efficiency

Energy Efficiency is an essential component of the smart home concept and technology. It reduces energy usage and costs, and allows homes to switch to more sustainable sources of power that do not emit harmful gases.

Using energy efficiently is critical to combating climate change and pollution, as traditional power plants burn fossil fuels that release greenhouse gases into the atmosphere. Increasing energy efficiency is also a way to save money, since it requires less electricity to operate devices and appliances.

Many utilities have energy efficiency programs that help customers use less electricity and natural gas to meet their utility service needs. These EE programs typically include incentives that encourage customers to replace older appliances with newer, more efficient ones.

These incentives may be in the form of direct rebates or a credit on utility bills. Other strategies can include educating and promoting energy efficiency to consumers and businesses through advertising campaigns, public education, and other efforts.

Another strategy is to set a goal for energy savings. Several states have established energy efficiency resource standards (EERS), which require electric and natural gas utilities to reduce their customers' electricity and/or natural gas consumption by specific amounts and according to a defined timeline or schedule.

The goals of EERS are similar to those of renewable energy portfolio standards (RPS), which establish requirements for electric utilities to source at least a portion of their power from renewable sources. ACEEE estimates that if all 50 states had mandatory EERS, electricity sales would be 20% lower and natural gas savings would be 13% higher by 2030.

There are many benefits to reducing energy use and switching to more sustainable sources of power, both in the domestic sphere and in industry. By implementing energy-efficient technologies, industries can cut their operating costs while still maintaining a competitive edge in the global marketplace.

Resilience

Resilience is the ability to bounce back from adversity and adapt to change. It is a learned behavior that can be improved over time through practice and dedication.

Resilient individuals tend to have coping skills, emotional regulation, a sense of control and a social support network. They are also optimistic and see problems as opportunities to work toward solutions.

Some people are naturally resilient, which may be a result of genetics or childhood experiences. Others are less resilient and have to learn how to cope and build their own resilience.

The term resilience is often associated with a strong ability to cope and adapt in the face of adversity, including trauma, tragedy, threats or significant sources of stress.

It is a multi-disciplinary concept that encompasses physical, psychological, social and environmental factors that contribute to the capacity for a dynamic system to successfully adapt to disturbances that threaten its viability, function, or development. The panelists discussed the need to approach our understanding of resilience and its determinants from multiple levels of analysis, including genetic, epigenetic, developmental, demographic, cultural, economic and social variables.

Resilience is an important aspect of smart home construction trends and technology. It is about building homes that are able to withstand the increasing occurrence of extreme weather events and other environmental challenges.

Women in Technology

Women have a strong demand for technology that helps them live safer and healthier lives. From the safety of their homes to the security of their families, they want tech that protects them and their loved ones. This is why smart home products designed with women in mind are the ideal option.

Aside from that, women are able to better understand and apply technology to their everyday lives. Moreover, it is more likely that their ideas will be innovative.

If you are interested in pursuing a career in the technology sector, there are several organizations that offer support and mentorship for women. These include Girls in Tech, Change Catalyst, and Women Who Code.

In addition to these, there are a number of other programs that provide coding courses and bootcamps for women who want to enter the tech industry. These groups are designed to stop gender inequality in the tech world and help women of all ages and backgrounds pursue careers in the industry.

Adding more women to a company’s workforce is a great way to diversify the workforce and bring a new perspective to the table. This can help to increase innovation and create a more cohesive team.

Furthermore, hiring more women can improve a company’s bottom line. Research shows that companies with more female employees tend to perform better on measures such as return on equity, net income growth rate, and employee retention.

Recruiting more women is also important to reducing the pay gap in the tech industry. This can help to equalize the salaries of men and women in the tech industry, which can make it easier for females to compete in this field.

The Future is Now

Smart home construction trends and technology are creating a home of the future where homeowners can live their lives in comfort, safety, convenience and luxury. New technologies such as smart lighting, health management, and next-generation entertainment make homes intelligent and tailor them to homeowner preferences while minimizing energy and consumption costs.

In a time of increasing global awareness about environmental and resource issues, consumers are looking for ways to reduce their impact on the planet. These innovations include the use of sustainable materials, rethinking water storage and conservation, using renewable energy, and reducing emissions.

This is a ripe market opportunity for brands and contractors. In the EU7, for example, sales of smart devices increased 24% in 2020 and are expected to grow by another 49% by 2022.

But while this trend is gaining traction, the uptake of connected devices is still low, and most smart products are used by less than one in 10 people regularly. This makes smart home devices a largely untapped consumer goods market with huge potential for growth and innovation.

Among the most promising trends is a new standard called Matter that is designed to make all connected home devices work together, allowing them to communicate with each other and with the user via a single app. However, it will take time for Matter to gain widespread adoption.

But with the right approach, smart home devices will be able to deliver an experience that homeowners love and builders can be proud of. Builders, integrators and contractors will need to prioritize providing a unified network of smart home devices rather than a loosely coupled collection of disparate technology platforms, apps and interfaces that homeowners often find confusing and hard to control.

Jason

Author
I enjoy designing and curating experiences both virtually and in 3-dimensional reality.
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