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Global Smart Thermostat Industry

ReportLinker
·9-min read

Global Smart Thermostat Market to Reach $6. 3 Billion by 2027. Amid the COVID-19 crisis, the global market for Smart Thermostat estimated at US$1. 7 Billion in the year 2020, is projected to reach a revised size of US$6.

New York, Dec. 30, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Smart Thermostat Industry" - https://www.reportlinker.com/p05960101/?utm_source=GNW
3 Billion by 2027, growing at a CAGR of 20.5% over the analysis period 2020-2027. Display, one of the segments analyzed in the report, is projected to record a 18% CAGR and reach US$1.2 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Temperature Sensor segment is readjusted to a revised 23.4% CAGR for the next 7-year period.

The U.S. Market is Estimated at $508 Million, While China is Forecast to Grow at 20.2% CAGR

The Smart Thermostat market in the U.S. is estimated at US$508 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.1 Billion by the year 2027 trailing a CAGR of 20.2% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 18.2% and 17.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 14.4% CAGR.

Humidity Sensor Segment to Record 19.5% CAGR

In the global Humidity Sensor segment, USA, Canada, Japan, China and Europe will drive the 19.5% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$220.5 Million in the year 2020 will reach a projected size of US$766.1 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$743.1 Million by the year 2027.We bring years of research experience to this 7th edition of our report. The 151-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others,

  • Control4 Corporation

  • Ecobee, Inc.

  • Emerson Electric Co.

  • Energate, Inc.

  • Honeywell International, Inc.

  • Lennox International, Inc.

  • Nest Labs, Inc.

  • Schneider Electric SA

  • Siemens Corporation

  • Texas Instruments, Inc.




Read the full report: https://www.reportlinker.com/p05960101/?utm_source=GNW

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
Global Competitor Market Shares
Smart Thermostat Competitor Market Share Scenario Worldwide
(in %): 2019 & 2025
Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE
Table 1: Smart Thermostat Global Market Estimates and Forecasts
in US$ Thousand by Region/Country: 2020-2027

Table 2: Smart Thermostat Market Share Shift across Key
Geographies Worldwide: 2020 VS 2027

Table 3: Display (Component) World Market by Region/Country in
US$ Thousand: 2020 to 2027

Table 4: Display (Component) Market Share Breakdown of
Worldwide Sales by Region/Country: 2020 VS 2027

Table 5: Temperature Sensor (Component) Potential Growth
Markets Worldwide in US$ Thousand: 2020 to 2027

Table 6: Temperature Sensor (Component) Market Sales Breakdown
by Region/Country in Percentage: 2020 VS 2027

Table 7: Humidity Sensor (Component) Geographic Market Spread
Worldwide in US$ Thousand: 2020 to 2027

Table 8: Humidity Sensor (Component) Market Share Distribution
in Percentage by Region/Country: 2020 VS 2027

Table 9: Motion Sensor (Component) World Market Estimates and
Forecasts by Region/Country in US$ Thousand: 2020 to 2027

Table 10: Motion Sensor (Component) Market Share Breakdown by
Region/Country: 2020 VS 2027

Table 11: Other Components (Component) World Market by
Region/Country in US$ Thousand: 2020 to 2027

Table 12: Other Components (Component) Market Share
Distribution in Percentage by Region/Country: 2020 VS 2027

Table 13: Residential (End-Use) Sales Estimates and Forecasts
in US$ Thousand by Region/Country for the Years 2020 through
2027

Table 14: Residential (End-Use) Global Market Share
Distribution by Region/Country for 2020 and 2027

Table 15: Commercial (End-Use) Global Opportunity Assessment in
US$ Thousand by Region/Country: 2020-2027

Table 16: Commercial (End-Use) Percentage Share Breakdown of
Global Sales by Region/Country: 2020 VS 2027

Table 17: Industrial (End-Use) Worldwide Sales in US$ Thousand
by Region/Country: 2020-2027

Table 18: Industrial (End-Use) Market Share Shift across Key
Geographies: 2020 VS 2027

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES
Market Facts & Figures
US Smart Thermostat Market Share (in %) by Company: 2019 & 2025
Market Analytics
Table 19: United States Smart Thermostat Market Estimates and
Projections in US$ Thousand by Component: 2020 to 2027

Table 20: United States Smart Thermostat Market Share Breakdown
by Component: 2020 VS 2027

Table 21: United States Smart Thermostat Latent Demand
Forecasts in US$ Thousand by End-Use: 2020 to 2027

Table 22: Smart Thermostat Market Share Breakdown in the United
States by End-Use: 2020 VS 2027

CANADA
Table 23: Canadian Smart Thermostat Market Estimates and
Forecasts in US$ Thousand by Component: 2020 to 2027

Table 24: Smart Thermostat Market in Canada: Percentage Share
Breakdown of Sales by Component for 2020 and 2027

Table 25: Canadian Smart Thermostat Market Quantitative Demand
Analysis in US$ Thousand by End-Use: 2020 to 2027

Table 26: Canadian Smart Thermostat Market Share Analysis by
End-Use: 2020 VS 2027

JAPAN
Table 27: Japanese Market for Smart Thermostat: Annual Sales
Estimates and Projections in US$ Thousand by Component for the
Period 2020-2027

Table 28: Japanese Smart Thermostat Market Share Analysis by
Component: 2020 VS 2027

Table 29: Japanese Demand Estimates and Forecasts for Smart
Thermostat in US$ Thousand by End-Use: 2020 to 2027

Table 30: Smart Thermostat Market Share Shift in Japan by
End-Use: 2020 VS 2027

CHINA
Table 31: Chinese Smart Thermostat Market Growth Prospects in
US$ Thousand by Component for the Period 2020-2027

Table 32: Chinese Smart Thermostat Market by Component:
Percentage Breakdown of Sales for 2020 and 2027

Table 33: Chinese Demand for Smart Thermostat in US$ Thousand
by End-Use: 2020 to 2027

Table 34: Chinese Smart Thermostat Market Share Breakdown by
End-Use: 2020 VS 2027

EUROPE
Market Facts & Figures
European Smart Thermostat Market: Competitor Market Share
Scenario (in %) for 2019 & 2025
Market Analytics
Table 35: European Smart Thermostat Market Demand Scenario in
US$ Thousand by Region/Country: 2018-2025

Table 36: European Smart Thermostat Market Share Shift by
Region/Country: 2020 VS 2027

Table 37: European Smart Thermostat Market Estimates and
Forecasts in US$ Thousand by Component: 2020-2027

Table 38: European Smart Thermostat Market Share Breakdown by
Component: 2020 VS 2027

Table 39: European Smart Thermostat Addressable Market
Opportunity in US$ Thousand by End-Use: 2020-2027

Table 40: European Smart Thermostat Market Share Analysis by
End-Use: 2020 VS 2027

FRANCE
Table 41: Smart Thermostat Market in France by Component:
Estimates and Projections in US$ Thousand for the Period
2020-2027

Table 42: French Smart Thermostat Market Share Analysis by
Component: 2020 VS 2027

Table 43: Smart Thermostat Quantitative Demand Analysis in
France in US$ Thousand by End-Use: 2020-2027

Table 44: French Smart Thermostat Market Share Analysis:
A 7-Year Perspective by End-Use for 2020 and 2027

GERMANY
Table 45: Smart Thermostat Market in Germany: Recent Past,
Current and Future Analysis in US$ Thousand by Component for
the Period 2020-2027

Table 46: German Smart Thermostat Market Share Breakdown by
Component: 2020 VS 2027

Table 47: Smart Thermostat Market in Germany: Annual Sales
Estimates and Forecasts in US$ Thousand by End-Use for the
Period 2020-2027

Table 48: Smart Thermostat Market Share Distribution in Germany
by End-Use: 2020 VS 2027

ITALY
Table 49: Italian Smart Thermostat Market Growth Prospects in
US$ Thousand by Component for the Period 2020-2027

Table 50: Italian Smart Thermostat Market by Component:
Percentage Breakdown of Sales for 2020 and 2027

Table 51: Italian Demand for Smart Thermostat in US$ Thousand
by End-Use: 2020 to 2027

Table 52: Italian Smart Thermostat Market Share Breakdown by
End-Use: 2020 VS 2027

UNITED KINGDOM
Table 53: United Kingdom Market for Smart Thermostat: Annual
Sales Estimates and Projections in US$ Thousand by Component
for the Period 2020-2027

Table 54: United Kingdom Smart Thermostat Market Share Analysis
by Component: 2020 VS 2027

Table 55: United Kingdom Demand Estimates and Forecasts for
Smart Thermostat in US$ Thousand by End-Use: 2020 to 2027

Table 56: Smart Thermostat Market Share Shift in the United
Kingdom by End-Use: 2020 VS 2027

REST OF EUROPE
Table 57: Rest of Europe Smart Thermostat Market Estimates and
Forecasts in US$ Thousand by Component: 2020-2027

Table 58: Rest of Europe Smart Thermostat Market Share
Breakdown by Component: 2020 VS 2027

Table 59: Rest of Europe Smart Thermostat Addressable Market
Opportunity in US$ Thousand by End-Use: 2020-2027

Table 60: Rest of Europe Smart Thermostat Market Share Analysis
by End-Use: 2020 VS 2027

ASIA-PACIFIC
Table 61: Smart Thermostat Market in Asia-Pacific by Component:
Estimates and Projections in US$ Thousand for the Period
2020-2027

Table 62: Asia-Pacific Smart Thermostat Market Share Analysis
by Component: 2020 VS 2027

Table 63: Smart Thermostat Quantitative Demand Analysis in
Asia-Pacific in US$ Thousand by End-Use: 2020-2027

Table 64: Asia-Pacific Smart Thermostat Market Share Analysis:
A 7-Year Perspective by End-Use for 2020 and 2027

REST OF WORLD
Table 65: Rest of World Smart Thermostat Market Estimates and
Forecasts in US$ Thousand by Component: 2020 to 2027

Table 66: Smart Thermostat Market in Rest of World: Percentage
Share Breakdown of Sales by Component for 2020 and 2027

Table 67: Rest of World Smart Thermostat Market Quantitative
Demand Analysis in US$ Thousand by End-Use: 2020 to 2027

Table 68: Rest of World Smart Thermostat Market Share Analysis
by End-Use: 2020 VS 2027

IV. COMPETITION
Total Companies Profiled: 47
Read the full report: https://www.reportlinker.com/p05960101/?utm_source=GNW

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