New consumer study highlights user demand and
preferences for EV charging location and equipment
DALLAS, Aug. 8, 2024
/PRNewswire/ -- Research from Parks Associates' recent study, EV
Charging at Home: User Demand and Preferences, shows EV
(electric vehicle) owners are more inclined than non-EV owners to
adopt smart home technologies. Among EV owners, 72% have at least
one smart home device, compared to 44% of households without an EV.
Additionally, there is substantial interest among EV owners in
allowing smart devices and utilities to manage home energy usage
and coordinate charging with other appliances, particularly during
peak periods.
Parks Associates' latest consumer study of 8,000 US Internet
households investigates consumers' charging location and equipment
preferences, charging behavior and frequency, user experience,
affordability, and future expansion considerations.
"Charging can be a point of stress for EV owners, but they
demonstrate interest in broader tech solutions that can coordinate
energy usage, save costs, and conserve resources," said
Daniel Holcomb, Senior Research
Analyst, Parks Associates. "The majority of EV owners find it
highly valuable to have EVs coordinating with other devices for
charging, while 34% are willing to let utilities adjust EV charging
times during peak energy demand. EV owners are primed for the use
of other smart home technologies that have similar capabilities,
and many already own the devices to enable these scenarios."
Companies such as Schneider Electric have pioneered home energy
management systems that can coordinate both EV charging and other
home appliances. The firm's EVlink Home Smart is designed to
integrate into a complete home energy management ecosystem.
Partnerships are also driving this trend forward, such as the
December announcement of the EV-Home Power Partnership between
Resideo and Ford, which integrates EV charging with smart home
systems, synchronizing energy usage across various home devices for
better efficiency and cost management.
"Smart home device manufacturers and EV companies should explore
partnerships that will create linkages within the home and simplify
the management of household energy," Holcomb said. "The future of
home energy will be characterized by coordinated and orchestrated
systems that leverage demand response technologies, optimizing
energy use and enhancing efficiency. EVs will have a big role in
this future."
To schedule an interview with an analyst or to request specific
data, please contact Mindi Sue
Sternblitz-Rubenstein at
mindi.sue@parksassociates.com or 972-490-1113.
About Parks Associates
Parks Associates, a
woman-founded and certified business, is an internationally
recognized market research and consulting company specializing in
emerging consumer technology products and services. Founded in
1986, Parks Associates provides business intelligence and research
services through its proprietary methodologies developed over
decades, including quarterly surveys of 10,000 internet
households.
The company's expertise crosses many industries: home security
and smart home, streaming video, broadband and pay-TV services,
digital media and platforms, gaming, Wi-Fi and home networks,
connected health, support, consumer electronics, home control
systems, energy management, and tech solutions for the
multi-dwelling (MDU), small-to-medium business (SMB), and
commercial building markets.
Each year, Parks Associates brings thousands of leaders together
for its webinars and annual events. The firm hosts the annual
executive research and strategy conferences CONNECTIONS™, Connected
Health Summit, Smart Energy Summit, Smart Spaces, and Future of
Video. https://www.parksassociates.com
Mindi Sue
Sternblitz-Rubenstein
Parks Associates
972.490.1113
381529@email4pr.com
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SOURCE Parks Associates