Product Code: RP-ID-10078426 |
Published Date: 21 Oct 2022 |
Region: NA |
Category: Chemicals |
Report ID: 10078426
Market Overview:
Global Smart Thermostats Industry Size study, By Players (Nest Labs, Honeywell international, Ecobee, Schneider Electric SE, Emerson Electric Co.), By Technology (Zigbee, Wi-Fi, Others) - Analysis and Current Growth Analysis 2018 - 2025
Global Smart Thermostats Industry valued approximately USD 944.99 million in 2016 is anticipated to grow with a healthy growth rate of more than 19.52% over the forecast period 2017-2025. Smart thermostats are devices that can be used with home automation and are responsible for controlling a home's heating and/or air conditioning. The major factors speculated to augment the Industry are worldwide growing requirement for energy- proficient devices, the escalation in the average energy spending and the demand for remote access solutions to check and regulate the energy consumption.
The objective of the study is to define Industry sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the Industry. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
Major market players in Smart Thermostats Industry are Nest Labs, Honeywell international, Ecobee, Schneider Electric SE, Emerson Electric Co., Tado, Control4 Corp., Ingersoll Rand, Carrier Corp., and Nortek, Inc. Acquisitions & effective mergers are some of the strategies adopted by the key manufacturers. New product launches and continuous technological innovations are also few of the key strategies adopted by the major players.
Smart Thermostats Industry Segmentation:
By Technology:
Zigbee
Wi-Fi
Others
By Region:
North America
• USA
• Canada
Europe
• Germany
• U.K.
• France
• Italy
• Rest of Europe
APAC
• China
• India
• Japan
• Rest of Asia-Pacific
RoW
• Latin America
• Middle East & Africa
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