UK markets open in 11 minutes
  • NIKKEI 225

    29,161.80
    +213.07 (+0.74%)
     
  • HANG SENG

    28,842.13
    +103.23 (+0.36%)
     
  • CRUDE OIL

    71.25
    +0.34 (+0.48%)
     
  • GOLD FUTURES

    1,861.50
    -18.10 (-0.96%)
     
  • DOW

    34,479.60
    +13.40 (+0.04%)
     
  • BTC-GBP

    27,885.51
    +2,809.86 (+11.21%)
     
  • CMC Crypto 200

    980.15
    +38.33 (+4.07%)
     
  • ^IXIC

    14,069.42
    +49.12 (+0.35%)
     
  • ^FTAS

    4,068.33
    +24.32 (+0.60%)
     

Outlook on the Smart Thermostat Global Market to 2026 - by Product, Component, Technology, Application and Region - ResearchAndMarkets.com

·5-min read

The "Smart Thermostat Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.

The global smart thermostat market exhibited strong growth during 2015-2020. Looking forward, the publisher expects the global smart thermostat market to reach a value of US$ 6.8 Billion in 2026.

A smart thermostat is a part of a control system which senses and maintains the temperature of an area. It is an automatic device which is capable of remotely switching on and off the heating of a room through the internet. Smart thermostats can be programmed and used via various mobile devices such as remote controls, smartphones and computers. They can also display the amount of heating being used and control their activity by tracking or learning the daily routine of the user.

Over the years, there has been a significant rise in the installation of smart home systems and technologies in households. This is one of the primary factors driving the growth of the global smart thermostat market. Moreover, there has been a surge in the sales of various smart home voice assistants such as Amazon Echo and Google Home which is further driving the growth of the market. In addition, as smart thermostats help in saving electricity, their sales have been influenced by the augmented demand for energy efficient solutions. This represents another factor which is positively influencing the market growth.

Companies Mentioned

  • Nest Labs Inc

  • Honeywell International Inc.

  • Ecobee Inc

  • Emerson Electric Co.

  • Schneider Electric SE

  • Tado GmbH

  • Control4 Corporation

  • Carrier Corporation

  • Nortek Inc

Key Questions Answered in This Report:

  • How has the global smart thermostat market performed so far and how will it perform in the coming years?

  • What are the key regions in the global smart thermostat market?

  • What has been the impact of COVID-19 on the global smart thermostat market?

  • What are the major application segments in the global smart thermostat market?

  • What are the different technologies of smart thermostat?

  • What are the major components in the global smart thermostat market?

  • Which are the popular products in the global smart thermostat market?

  • What are the price trends of smart thermostat?

  • What are the various stages in the value chain of the global smart thermostat market?

  • What are the key driving factors and challenges in the global smart thermostat market?

  • What is the structure of the global smart thermostat market and who are the key players?

  • What is the degree of competition in the global smart thermostat market?

  • How is smart thermostat manufactured?

Key Topics Covered:

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction

4.1 Overview

4.2 Key Industry Trends

5 Global Smart Thermostat Market

5.1 Market Overview

5.2 Market Performance

5.3 Impact of COVID-19

5.4 Market Breakup by Product

5.5 Market Breakup by Component

5.6 Market Breakup by Technology

5.7 Market Breakup by Application

5.8 Market Breakup by Region

5.9 Market Forecast

5.10 SWOT Analysis

5.11 Value Chain Analysis

5.12 Porters Five Forces Analysis

6 Market Breakup by Product

6.1 Standalone Smart Thermostats

6.1.1 Market Trends

6.1.2 Market Forecast

6.2 Connected Smart Thermostats

6.2.1 Market Trends

6.2.2 Market Forecast

6.3 Learning Smart Thermostats

6.3.1 Market Trends

6.3.2 Market Forecast

7 Market Breakup by Component

7.1 Display

7.1.1 Market Trends

7.1.2 Market Forecast

7.2 Temperature Sensors

7.2.1 Market Trends

7.2.2 Market Forecast

7.3 Humidity Sensors

7.3.1 Market Trends

7.3.2 Market Forecast

7.4 Motion Sensors

7.4.1 Market Trends

7.4.2 Market Forecast

7.5 Others

7.5.1 Market Trends

7.5.2 Market Forecast

8 Market Breakup by Technology

8.1 Wired

8.1.1 Market Trends

8.1.1 Market Forecast

8.2 Wireless

8.2.1 Market Trends

8.2.2 Market Breakup by Type

8.2.2.1 WiFi

8.2.2.1.1 Market Trends

8.2.2.1.2 Market Forecast

8.2.2.2 Zig Bee

8.2.2.2.1 Market Trends

8.2.2.2.2 Market Forecast

8.2.2.3 Others

8.2.2.3.1 Market Trends

8.2.2.3.2 Market Forecast

8.2.3 Market Forecast

9 Market Breakup by Application

9.1 Residential

9.1.1 Market Trends

9.1.2 Market Forecast

9.2 Commercial

9.2.1 Market Trends

9.2.2 Market Forecast

9.3 Industrial

9.3.1 Market Trends

9.3.2 Market Forecast

10 Market Breakup by Region

10.1 North America

10.2 Europe

10.3 Asia Pacific

10.4 Middle East and Africa

10.5 Latin America

11 Smart Thermostat Manufacturing Process

11.1 Product Overview

11.2 Raw Material Requirements

11.3 Manufacturing Process

11.4 Key Success and Risk Factors

12 Competitive Landscape

12.1 Market Structure

12.2 Key Players

12.3 Profiles of Key Players

For more information about this report visit https://www.researchandmarkets.com/r/64jwc9

View source version on businesswire.com: https://www.businesswire.com/news/home/20210513005679/en/

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900