Global Smart Thermostats Market Growth 2019-2024
Table of Contents
2019-2024 Global Smart Thermostats Consumption Market Report
1 Scope of the Report
- 1.1 Market Introduction
- 1.2 Research Objectives
- 1.3 Years Considered
- 1.4 Market Research Methodology
- 1.5 Economic Indicators
- 1.6 Currency Considered
2 Executive Summary
- 2.1 World Market Overview
- 2.1.1 Global Smart Thermostats Consumption 2014-2024
- 2.1.2 Smart Thermostats Consumption CAGR by Region
- 2.2 Smart Thermostats Segment by Type
- 2.2.1 99$
- 2.2.2 100$-200$
- 2.2.3 Over 200$
- 2.3 Smart Thermostats Consumption by Type
- 2.3.1 Global Smart Thermostats Consumption Market Share by Type (2014-2019)
- 2.3.2 Global Smart Thermostats Revenue and Market Share by Type (2014-2019)
- 2.3.3 Global Smart Thermostats Sale Price by Type (2014-2019)
- 2.4 Smart Thermostats Segment by Application
- 2.4.1 Residential
- 2.4.2 Office Building
- 2.4.3 Educational Institution
- 2.4.4 Others
- 2.5 Smart Thermostats Consumption by Application
- 2.5.1 Global Smart Thermostats Consumption Market Share by Application (2014-2019)
- 2.5.2 Global Smart Thermostats Value and Market Share by Application (2014-2019)
- 2.5.3 Global Smart Thermostats Sale Price by Application (2014-2019)
3 Global Smart Thermostats by Players
- 3.1 Global Smart Thermostats Sales Market Share by Players
- 3.1.1 Global Smart Thermostats Sales by Players (2017-2019)
- 3.1.2 Global Smart Thermostats Sales Market Share by Players (2017-2019)
- 3.2 Global Smart Thermostats Revenue Market Share by Players
- 3.2.1 Global Smart Thermostats Revenue by Players (2017-2019)
- 3.2.2 Global Smart Thermostats Revenue Market Share by Players (2017-2019)
- 3.3 Global Smart Thermostats Sale Price by Players
- 3.4 Global Smart Thermostats Manufacturing Base Distribution, Sales Area, Product Types by Players
- 3.4.1 Global Smart Thermostats Manufacturing Base Distribution and Sales Area by Players
- 3.4.2 Players Smart Thermostats Products Offered
- 3.5 Market Concentration Rate Analysis
- 3.5.1 Competition Landscape Analysis
- 3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
- 3.6 New Products and Potential Entrants
- 3.7 Mergers & Acquisitions, Expansion
4 Smart Thermostats by Regions
- 4.1 Smart Thermostats by Regions
- 4.1.1 Global Smart Thermostats Consumption by Regions
- 4.1.2 Global Smart Thermostats Value by Regions
- 4.2 Americas Smart Thermostats Consumption Growth
- 4.3 APAC Smart Thermostats Consumption Growth
- 4.4 Europe Smart Thermostats Consumption Growth
- 4.5 Middle East & Africa Smart Thermostats Consumption Growth
5 Americas
- 5.1 Americas Smart Thermostats Consumption by Countries
- 5.1.1 Americas Smart Thermostats Consumption by Countries (2014-2019)
- 5.1.2 Americas Smart Thermostats Value by Countries (2014-2019)
- 5.2 Americas Smart Thermostats Consumption by Type
- 5.3 Americas Smart Thermostats Consumption by Application
- 5.4 United States
- 5.5 Canada
- 5.6 Mexico
- 5.7 Key Economic Indicators of Few Americas Countries
6 APAC
- 6.1 APAC Smart Thermostats Consumption by Countries
- 6.1.1 APAC Smart Thermostats Consumption by Countries (2014-2019)
- 6.1.2 APAC Smart Thermostats Value by Countries (2014-2019)
- 6.2 APAC Smart Thermostats Consumption by Type
- 6.3 APAC Smart Thermostats Consumption by Application
- 6.4 China
- 6.5 Japan
- 6.6 Korea
- 6.7 Southeast Asia
- 6.8 India
- 6.9 Australia
- 6.10 Key Economic Indicators of Few APAC Countries
7 Europe
- 7.1 Europe Smart Thermostats by Countries
- 7.1.1 Europe Smart Thermostats Consumption by Countries (2014-2019)
- 7.1.2 Europe Smart Thermostats Value by Countries (2014-2019)
- 7.2 Europe Smart Thermostats Consumption by Type
- 7.3 Europe Smart Thermostats Consumption by Application
- 7.4 Germany
- 7.5 France
- 7.6 UK
- 7.7 Italy
- 7.8 Russia
- 7.9 Spain
- 7.10 Key Economic Indicators of Few Europe Countries
8 Middle East & Africa
- 8.1 Middle East & Africa Smart Thermostats by Countries
- 8.1.1 Middle East & Africa Smart Thermostats Consumption by Countries (2014-2019)
- 8.1.2 Middle East & Africa Smart Thermostats Value by Countries (2014-2019)
- 8.2 Middle East & Africa Smart Thermostats Consumption by Type
- 8.3 Middle East & Africa Smart Thermostats Consumption by Application
- 8.4 Egypt
- 8.5 South Africa
- 8.6 Israel
- 8.7 Turkey
- 8.8 GCC Countries
9 Market Drivers, Challenges and Trends
- 9.1 Market Drivers and Impact
- 9.1.1 Growing Demand from Key Regions
- 9.1.2 Growing Demand from Key Applications and Potential Industries
- 9.2 Market Challenges and Impact
- 9.3 Market Trends
10 Marketing, Distributors and Customer
- 10.1 Sales Channel
- 10.1.1 Direct Channels
- 10.1.2 Indirect Channels
- 10.2 Smart Thermostats Distributors
- 10.3 Smart Thermostats Customer
11 Global Smart Thermostats Market Forecast
- 11.1 Global Smart Thermostats Consumption Forecast (2019-2024)
- 11.2 Global Smart Thermostats Forecast by Regions
- 11.2.1 Global Smart Thermostats Forecast by Regions (2019-2024)
- 11.2.2 Global Smart Thermostats Value Forecast by Regions (2019-2024)
- 11.2.3 Americas Consumption Forecast
- 11.2.4 APAC Consumption Forecast
- 11.2.5 Europe Consumption Forecast
- 11.2.6 Middle East & Africa Consumption Forecast
- 11.3 Americas Forecast by Countries
- 11.3.1 United States Market Forecast
- 11.3.2 Canada Market Forecast
- 11.3.3 Mexico Market Forecast
- 11.3.4 Brazil Market Forecast
- 11.4 APAC Forecast by Countries
- 11.4.1 China Market Forecast
- 11.4.2 Japan Market Forecast
- 11.4.3 Korea Market Forecast
- 11.4.4 Southeast Asia Market Forecast
- 11.4.5 India Market Forecast
- 11.4.6 Australia Market Forecast
- 11.5 Europe Forecast by Countries
- 11.5.1 Germany Market Forecast
- 11.5.2 France Market Forecast
- 11.5.3 UK Market Forecast
- 11.5.4 Italy Market Forecast
- 11.5.5 Russia Market Forecast
- 11.5.6 Spain Market Forecast
- 11.6 Middle East & Africa Forecast by Countries
- 11.6.1 Egypt Market Forecast
- 11.6.2 South Africa Market Forecast
- 11.6.3 Israel Market Forecast
- 11.6.4 Turkey Market Forecast
- 11.6.5 GCC Countries Market Forecast
- 11.7 Global Smart Thermostats Forecast by Type
- 11.8 Global Smart Thermostats Forecast by Application
12 Key Players Analysis
- 12.1 Nest
- 12.1.1 Company Details
- 12.1.2 Smart Thermostats Product Offered
- 12.1.3 Nest Smart Thermostats Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.1.4 Main Business Overview
- 12.1.5 Nest News
- 12.2 Honeywell
- 12.2.1 Company Details
- 12.2.2 Smart Thermostats Product Offered
- 12.2.3 Honeywell Smart Thermostats Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.2.4 Main Business Overview
- 12.2.5 Honeywell News
- 12.3 Ecobee
- 12.3.1 Company Details
- 12.3.2 Smart Thermostats Product Offered
- 12.3.3 Ecobee Smart Thermostats Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.3.4 Main Business Overview
- 12.3.5 Ecobee News
- 12.4 Tado
- 12.4.1 Company Details
- 12.4.2 Smart Thermostats Product Offered
- 12.4.3 Tado Smart Thermostats Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.4.4 Main Business Overview
- 12.4.5 Tado News
- 12.5 Lux Products
- 12.5.1 Company Details
- 12.5.2 Smart Thermostats Product Offered
- 12.5.3 Lux Products Smart Thermostats Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.5.4 Main Business Overview
- 12.5.5 Lux Products News
- 12.6 Netatmo
- 12.6.1 Company Details
- 12.6.2 Smart Thermostats Product Offered
- 12.6.3 Netatmo Smart Thermostats Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.6.4 Main Business Overview
- 12.6.5 Netatmo News
- 12.7 Hive Home
- 12.7.1 Company Details
- 12.7.2 Smart Thermostats Product Offered
- 12.7.3 Hive Home Smart Thermostats Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.7.4 Main Business Overview
- 12.7.5 Hive Home News
- 12.8 Siemens
- 12.8.1 Company Details
- 12.8.2 Smart Thermostats Product Offered
- 12.8.3 Siemens Smart Thermostats Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.8.4 Main Business Overview
- 12.8.5 Siemens News
- 12.9 Emerson Electric
- 12.9.1 Company Details
- 12.9.2 Smart Thermostats Product Offered
- 12.9.3 Emerson Electric Smart Thermostats Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.9.4 Main Business Overview
- 12.9.5 Emerson Electric News
- 12.10 Vivint
- 12.10.1 Company Details
- 12.10.2 Smart Thermostats Product Offered
- 12.10.3 Vivint Smart Thermostats Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.10.4 Main Business Overview
- 12.10.5 Vivint News
13 Research Findings and Conclusion
Smart thermostats are devices that can be used with home automation and are responsible for controlling a home's heating and/or air conditioning. They perform the same functions as a Programmable thermostat as they allow the user to control the temperature of their home throughout the day using a schedule, such as setting a different temperature at night.
Like a connected thermostat, they are connected to the Internet. They allow users to adjust heating settings from other internet-connected devices, such as smartphones. This allows users to easily adjust the temperature remotely. This ease of use is essential for ensuring energy savings: studies have shown that households with programmable thermostats actually have higher energy consumption than those with simple thermostats, because residents program them incorrectly or disable them completely.
The smart thermostat regulates heating and cooling operation in the residential and commercial building. The increasing popularity of smart homes and advantages offered by these like ease of use by cloud-based services and improved energy management by self-learning capabilities serves as some of the key factors augmenting the demand for smart thermostats.
Advanced sensor support like occupancy sensor, temperature sensor, and the need to control and manage these devices remotely using smartphones or other internet connected devices also provides ample growth opportunity for vendors of these thermostats over the forecast period. The North Americas is expected to hold a major share of this market, whereas Europe is expected to witness the highest growth during the forecast period.
According to this study, over the next five years the Smart Thermostats market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Smart Thermostats business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Smart Thermostats market by product type, application, key manufacturers and key regions and countries.
This study considers the Smart Thermostats value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
99$
100$-200$
Over 200$
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Residential
Office Building
Educational Institution
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Nest
Honeywell
Ecobee
Tado
Lux Products
Netatmo
Hive Home
Siemens
Emerson Electric
Vivint
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Smart Thermostats consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Smart Thermostats market by identifying its various subsegments.
Focuses on the key global Smart Thermostats manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Smart Thermostats with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Smart Thermostats submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.