Driving growth in the embedded electronics sector in 2023
Summary
These features will allow consumers to make informed decisions on when to run high energy devices based on their tariffs. Companies will be seeking to capitalise on this potential to help consumers with the cost-of-living crisis by improving the effectiveness of such appliances and promoting them for this purpose. The demand for heat pumps and solar panels will quickly rise as households seek alternative energy production to reduce costs and provide potential backup should outages occur. Heat pumps, battery storage, integrated PV, and EV charging, will become more connected house energy systems, rather than them being disparate. If it can keep its strong starting momentum, Matter could be a genuinely refreshing technology in an increasingly complicated market for those who want to support as many smart home hubs as possible.