This is already one of our largest market segments.
In Connected Homes segment our focus is on decorative and functional parts and assemblies for safety and security systems (internet-connected sensors, monitors, cameras, and alarm systems), and energy equipment like smart thermostats and smart lighting. These are the devices that fit our capabilities the best and also the forefront of the growth of connected homes devices. These types of connected homes devices is becoming popular first.
The development of “smart homes” has just started and the growth is projected to be steep the coming five years. In 2015 it’s estimated that ~400 million connected homes devices will ship and for 2019 it’s projected that the shipments will be ~1.9Billion connected homes devices in our focused area of safety and security systems, energy equipment and smart lightning.
Connected Homes is an area were plastic is an excellent and very suitable material. The connected homes devices need to be connected and that connection to Internet is through some type of antenna. This means that metal parts are not suitable as they interfere with the antenna performance whereas plastics has virtually no negative impact on the antenna performance. If metal look is desired then we have the option to coat the plastic part with non-conductive metal coating giving us a part with good antenna performance and metal look.
We are very well equipped to be your partner for mechanical parts and assemblies in this area. Our equipment, knowledge and experience from mobile phones and other consumer products give us the capability and understanding for what’s needed to provide decorative and functional parts and assemblies for the connected homes segment.