– The custom-installation industry is turning to new technologies and business strategies to reinvigorate a market whose growth drivers — home construction and home remodeling — could remain off their peaks for a few more years.
As a result, many electronic systems contractors (ESCs) and marketers who will attend the CEDIA Expo, here, Sept. 22-26, are bracing for a slow climb out of a prolonged slump. Many are turning to retrofit installations and have diversified into light- and medium-commercial installation as well as networking and security to cope.
For its part, CEDIA will unveil its first New Technology Pavilion to highlight potential profit opportunities in such emerging areas as energy management, home health monitoring, and residential communications and related categories. A Home Health Technology Pavilion will give installers hands-on experience with technologies said to enable consumers to “age in place.”