Residential Market & Renovation Trends

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Presentation transcript:

Residential Market & Renovation Trends Presenters: Valerie Schicho, Residential Market Manager Siemens Industry, Inc. valerie.schicho@siemens.com

Residential Market Segments Single Family (New) Single Family (Reno) Multifamily

5 Years of Historic Multifamily Growth

Why? Recession Demographics Urban Revitalization

What Is Next for multiFamily Growth Rate Can’t Continue Permitting is Slowing Student Housing & Senior Living Will Remain Strong

What About Home Building? Slow Recovery Less “Starter Homes” Higher Prices Premium Features

New Construction Outlook

Average American Home Was Built 43 Years Ago Renovation Boom Average American Home Was Built 43 Years Ago

Renovation Opportunities Increased Circuitry Needs Capacity Arc Fault Surge Safety Generators Renewable Energy Technology

Teach the Customer/Sell The Customer- Circuitry

Teach the Customer/Sell The Customer- Safety AFCI/GFCI Protection Whole Home Surge

Teach the Customer/Sell The Customer- Back-Up Power

Teach the Customer/Sell The Customer- Renewable Energy

Questions

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