[email protected] +44 20 8123 2220 (UK) +1 732 587 5005 (US) Contact Us | FAQ |

Global Thermostat Market Size, Manufacturers, Opportunities and Forecast to 2030

April 2024 | 111 pages | ID: GCF247DC7E8AEN
APO Research

US$ 3,450.00

E-mail Delivery (PDF)

Download PDF Leaflet

Accepted cards
Wire Transfer
Checkout Later
Need Help? Ask a Question
A thermostat is a component which senses the temperature of a physical system and performs actions so that the system's temperature is maintained near a desired setpoint. Thermostats are used in any device or system that heats or cools to a setpoint temperature, examples include building heating, central heating, air conditioners, HVAC systems, water heaters, as well as kitchen equipment including ovens and refrigerators and medical and scientific incubators.

According to APO Research, The global Thermostat market was estimated at US$ million in 2023 and is projected to reach a revised size of US$ million by 2030, witnessing a CAGR of xx% during the forecast period 2024-2030.

North America is the largest Thermostat Trainers market with about 47% market share. Europe is follower, accounting for about 28% market share.

The key players are Google Nest, Honeywell, EcoBee, Schneider Electric, Emerson, Carrier, Energate Inc., Tado GmbH, Control4, Netatmo, Hive Home, Trane, Johnston Controls, DANFOSS, Siemens, Saswell, Computime, Shenzhen Topband, HaiLin Energy Technology etc. Top 5 companies occupied about 57% market share.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Thermostat, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Thermostat.

The Thermostat market size, estimations, and forecasts are provided in terms of sales volume (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Thermostat market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:
  • Google Nest
  • Honeywell
  • EcoBee
  • Schneider Electric
  • Emerson
  • Carrier
  • Energate Inc.
  • Tado GmbH
  • Control4
  • Netatmo
  • Hive Home
  • Trane
  • Johnston Controls
  • DANFOSS
  • Siemens
  • Saswell
  • Computime
  • Shenzhen Topband
  • HaiLin Energy Technology
Thermostat segment by Type
  • Non-Programmable Type
  • Programmable Type
  • Smart Type
  • WiFi Type
Thermostat segment by Application
  • Business
  • Industrial
  • Residential
Thermostat Segment by Region
  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Russia
  • Asia-Pacific
  • China
  • Japan
  • South Korea
  • India
  • Australia
  • China Taiwan
  • Indonesia
  • Thailand
  • Malaysia
  • Latin America
  • Mexico
  • Brazil
  • Argentina
  • Middle East & Africa
  • Turkey
  • Saudi Arabia
  • UAE
Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Thermostat market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.

2. This report will help stakeholders to understand the global industry status and trends of Thermostat and provides them with information on key market drivers, restraints, challenges, and opportunities.

3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.

4. This report stays updated with novel technology integration, features, and the latest developments in the market

5. This report helps stakeholders to gain insights into which regions to target globally

6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Thermostat.

7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 3: Detailed analysis of Thermostat manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.

Chapter 4: Sales, revenue of Thermostat in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.

Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, sales and revenue by country.

Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.

Chapter 13: Concluding Insights of the report.
1 MARKET OVERVIEW

1.1 Product Definition
1.2 Global Market Growth Prospects
  1.2.1 Global Thermostat Market Size Estimates and Forecasts (2019-2030)
  1.2.2 Global Thermostat Sales Estimates and Forecasts (2019-2030)
1.3 Thermostat Market by Type
  1.3.1 Non-Programmable Type
  1.3.2 Programmable Type
  1.3.3 Smart Type
  1.3.4 WiFi Type
1.4 Global Thermostat Market Size by Type
  1.4.1 Global Thermostat Market Size Overview by Type (2019-2030)
  1.4.2 Global Thermostat Historic Market Size Review by Type (2019-2024)
  1.4.3 Global Thermostat Forecasted Market Size by Type (2025-2030)
1.5 Key Regions Market Size by Type
  1.5.1 North America Thermostat Sales Breakdown by Type (2019-2024)
  1.5.2 Europe Thermostat Sales Breakdown by Type (2019-2024)
  1.5.3 Asia-Pacific Thermostat Sales Breakdown by Type (2019-2024)
  1.5.4 Latin America Thermostat Sales Breakdown by Type (2019-2024)
  1.5.5 Middle East and Africa Thermostat Sales Breakdown by Type (2019-2024)

2 GLOBAL MARKET DYNAMICS

2.1 Thermostat Industry Trends
2.2 Thermostat Industry Drivers
2.3 Thermostat Industry Opportunities and Challenges
2.4 Thermostat Industry Restraints

3 MARKET COMPETITIVE LANDSCAPE BY COMPANY

3.1 Global Top Players by Thermostat Revenue (2019-2024)
3.2 Global Top Players by Thermostat Sales (2019-2024)
3.3 Global Top Players by Thermostat Price (2019-2024)
3.4 Global Thermostat Industry Company Ranking, 2022 VS 2023 VS 2024
3.5 Global Thermostat Key Company Manufacturing Sites & Headquarters
3.6 Global Thermostat Company, Product Type & Application
3.7 Global Thermostat Company Commercialization Time
3.8 Market Competitive Analysis
  3.8.1 Global Thermostat Market CR5 and HHI
  3.8.2 Global Top 5 and 10 Thermostat Players Market Share by Revenue in 2023
  3.8.3 2023 Thermostat Tier 1, Tier 2, and Tier

4 THERMOSTAT REGIONAL STATUS AND OUTLOOK

4.1 Global Thermostat Market Size and CAGR by Region: 2019 VS 2023 VS 2030
4.2 Global Thermostat Historic Market Size by Region
  4.2.1 Global Thermostat Sales in Volume by Region (2019-2024)
  4.2.2 Global Thermostat Sales in Value by Region (2019-2024)
  4.2.3 Global Thermostat Sales (Volume & Value), Price and Gross Margin (2019-2024)
4.3 Global Thermostat Forecasted Market Size by Region
  4.3.1 Global Thermostat Sales in Volume by Region (2025-2030)
  4.3.2 Global Thermostat Sales in Value by Region (2025-2030)
  4.3.3 Global Thermostat Sales (Volume & Value), Price and Gross Margin (2025-2030)

5 THERMOSTAT BY APPLICATION

5.1 Thermostat Market by Application
  5.1.1 Business
  5.1.2 Industrial
  5.1.3 Residential
5.2 Global Thermostat Market Size by Application
  5.2.1 Global Thermostat Market Size Overview by Application (2019-2030)
  5.2.2 Global Thermostat Historic Market Size Review by Application (2019-2024)
  5.2.3 Global Thermostat Forecasted Market Size by Application (2025-2030)
5.3 Key Regions Market Size by Application
  5.3.1 North America Thermostat Sales Breakdown by Application (2019-2024)
  5.3.2 Europe Thermostat Sales Breakdown by Application (2019-2024)
  5.3.3 Asia-Pacific Thermostat Sales Breakdown by Application (2019-2024)
  5.3.4 Latin America Thermostat Sales Breakdown by Application (2019-2024)
  5.3.5 Middle East and Africa Thermostat Sales Breakdown by Application (2019-2024)

6 COMPANY PROFILES

6.1 Google Nest
  6.1.1 Google Nest Comapny Information
  6.1.2 Google Nest Business Overview
  6.1.3 Google Nest Thermostat Sales, Revenue and Gross Margin (2019-2024)
  6.1.4 Google Nest Thermostat Product Portfolio
  6.1.5 Google Nest Recent Developments
6.2 Honeywell
  6.2.1 Honeywell Comapny Information
  6.2.2 Honeywell Business Overview
  6.2.3 Honeywell Thermostat Sales, Revenue and Gross Margin (2019-2024)
  6.2.4 Honeywell Thermostat Product Portfolio
  6.2.5 Honeywell Recent Developments
6.3 EcoBee
  6.3.1 EcoBee Comapny Information
  6.3.2 EcoBee Business Overview
  6.3.3 EcoBee Thermostat Sales, Revenue and Gross Margin (2019-2024)
  6.3.4 EcoBee Thermostat Product Portfolio
  6.3.5 EcoBee Recent Developments
6.4 Schneider Electric
  6.4.1 Schneider Electric Comapny Information
  6.4.2 Schneider Electric Business Overview
  6.4.3 Schneider Electric Thermostat Sales, Revenue and Gross Margin (2019-2024)
  6.4.4 Schneider Electric Thermostat Product Portfolio
  6.4.5 Schneider Electric Recent Developments
6.5 Emerson
  6.5.1 Emerson Comapny Information
  6.5.2 Emerson Business Overview
  6.5.3 Emerson Thermostat Sales, Revenue and Gross Margin (2019-2024)
  6.5.4 Emerson Thermostat Product Portfolio
  6.5.5 Emerson Recent Developments
6.6 Carrier
  6.6.1 Carrier Comapny Information
  6.6.2 Carrier Business Overview
  6.6.3 Carrier Thermostat Sales, Revenue and Gross Margin (2019-2024)
  6.6.4 Carrier Thermostat Product Portfolio
  6.6.5 Carrier Recent Developments
6.7 Energate Inc.
  6.7.1 Energate Inc. Comapny Information
  6.7.2 Energate Inc. Business Overview
  6.7.3 Energate Inc. Thermostat Sales, Revenue and Gross Margin (2019-2024)
  6.7.4 Energate Inc. Thermostat Product Portfolio
  6.7.5 Energate Inc. Recent Developments
6.8 Tado GmbH
  6.8.1 Tado GmbH Comapny Information
  6.8.2 Tado GmbH Business Overview
  6.8.3 Tado GmbH Thermostat Sales, Revenue and Gross Margin (2019-2024)
  6.8.4 Tado GmbH Thermostat Product Portfolio
  6.8.5 Tado GmbH Recent Developments
6.9 Control4
  6.9.1 Control4 Comapny Information
  6.9.2 Control4 Business Overview
  6.9.3 Control4 Thermostat Sales, Revenue and Gross Margin (2019-2024)
  6.9.4 Control4 Thermostat Product Portfolio
  6.9.5 Control4 Recent Developments
6.10 Netatmo
  6.10.1 Netatmo Comapny Information
  6.10.2 Netatmo Business Overview
  6.10.3 Netatmo Thermostat Sales, Revenue and Gross Margin (2019-2024)
  6.10.4 Netatmo Thermostat Product Portfolio
  6.10.5 Netatmo Recent Developments
6.11 Hive Home
  6.11.1 Hive Home Comapny Information
  6.11.2 Hive Home Business Overview
  6.11.3 Hive Home Thermostat Sales, Revenue and Gross Margin (2019-2024)
  6.11.4 Hive Home Thermostat Product Portfolio
  6.11.5 Hive Home Recent Developments
6.12 Trane
  6.12.1 Trane Comapny Information
  6.12.2 Trane Business Overview
  6.12.3 Trane Thermostat Sales, Revenue and Gross Margin (2019-2024)
  6.12.4 Trane Thermostat Product Portfolio
  6.12.5 Trane Recent Developments
6.13 Johnston Controls
  6.13.1 Johnston Controls Comapny Information
  6.13.2 Johnston Controls Business Overview
  6.13.3 Johnston Controls Thermostat Sales, Revenue and Gross Margin (2019-2024)
  6.13.4 Johnston Controls Thermostat Product Portfolio
  6.13.5 Johnston Controls Recent Developments
6.14 DANFOSS
  6.14.1 DANFOSS Comapny Information
  6.14.2 DANFOSS Business Overview
  6.14.3 DANFOSS Thermostat Sales, Revenue and Gross Margin (2019-2024)
  6.14.4 DANFOSS Thermostat Product Portfolio
  6.14.5 DANFOSS Recent Developments
6.15 Siemens
  6.15.1 Siemens Comapny Information
  6.15.2 Siemens Business Overview
  6.15.3 Siemens Thermostat Sales, Revenue and Gross Margin (2019-2024)
  6.15.4 Siemens Thermostat Product Portfolio
  6.15.5 Siemens Recent Developments
6.16 Saswell
  6.16.1 Saswell Comapny Information
  6.16.2 Saswell Business Overview
  6.16.3 Saswell Thermostat Sales, Revenue and Gross Margin (2019-2024)
  6.16.4 Saswell Thermostat Product Portfolio
  6.16.5 Saswell Recent Developments
6.17 Computime
  6.17.1 Computime Comapny Information
  6.17.2 Computime Business Overview
  6.17.3 Computime Thermostat Sales, Revenue and Gross Margin (2019-2024)
  6.17.4 Computime Thermostat Product Portfolio
  6.17.5 Computime Recent Developments
6.18 Shenzhen Topband
  6.18.1 Shenzhen Topband Comapny Information
  6.18.2 Shenzhen Topband Business Overview
  6.18.3 Shenzhen Topband Thermostat Sales, Revenue and Gross Margin (2019-2024)
  6.18.4 Shenzhen Topband Thermostat Product Portfolio
  6.18.5 Shenzhen Topband Recent Developments
6.19 HaiLin Energy Technology
  6.19.1 HaiLin Energy Technology Comapny Information
  6.19.2 HaiLin Energy Technology Business Overview
  6.19.3 HaiLin Energy Technology Thermostat Sales, Revenue and Gross Margin (2019-2024)
  6.19.4 HaiLin Energy Technology Thermostat Product Portfolio
  6.19.5 HaiLin Energy Technology Recent Developments

7 NORTH AMERICA BY COUNTRY

7.1 North America Thermostat Sales by Country
  7.1.1 North America Thermostat Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  7.1.2 North America Thermostat Sales by Country (2019-2024)
  7.1.3 North America Thermostat Sales Forecast by Country (2025-2030)
7.2 North America Thermostat Market Size by Country
  7.2.1 North America Thermostat Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  7.2.2 North America Thermostat Market Size by Country (2019-2024)
  7.2.3 North America Thermostat Market Size Forecast by Country (2025-2030)

8 EUROPE BY COUNTRY

8.1 Europe Thermostat Sales by Country
  8.1.1 Europe Thermostat Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  8.1.2 Europe Thermostat Sales by Country (2019-2024)
  8.1.3 Europe Thermostat Sales Forecast by Country (2025-2030)
8.2 Europe Thermostat Market Size by Country
  8.2.1 Europe Thermostat Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  8.2.2 Europe Thermostat Market Size by Country (2019-2024)
  8.2.3 Europe Thermostat Market Size Forecast by Country (2025-2030)

9 ASIA-PACIFIC BY COUNTRY

9.1 Asia-Pacific Thermostat Sales by Country
  9.1.1 Asia-Pacific Thermostat Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  9.1.2 Asia-Pacific Thermostat Sales by Country (2019-2024)
  9.1.3 Asia-Pacific Thermostat Sales Forecast by Country (2025-2030)
9.2 Asia-Pacific Thermostat Market Size by Country
  9.2.1 Asia-Pacific Thermostat Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  9.2.2 Asia-Pacific Thermostat Market Size by Country (2019-2024)
  9.2.3 Asia-Pacific Thermostat Market Size Forecast by Country (2025-2030)

10 LATIN AMERICA BY COUNTRY

10.1 Latin America Thermostat Sales by Country
  10.1.1 Latin America Thermostat Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  10.1.2 Latin America Thermostat Sales by Country (2019-2024)
  10.1.3 Latin America Thermostat Sales Forecast by Country (2025-2030)
10.2 Latin America Thermostat Market Size by Country
  10.2.1 Latin America Thermostat Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  10.2.2 Latin America Thermostat Market Size by Country (2019-2024)
  10.2.3 Latin America Thermostat Market Size Forecast by Country (2025-2030)

11 MIDDLE EAST AND AFRICA BY COUNTRY

11.1 Middle East and Africa Thermostat Sales by Country
  11.1.1 Middle East and Africa Thermostat Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  11.1.2 Middle East and Africa Thermostat Sales by Country (2019-2024)
  11.1.3 Middle East and Africa Thermostat Sales Forecast by Country (2025-2030)
11.2 Middle East and Africa Thermostat Market Size by Country
  11.2.1 Middle East and Africa Thermostat Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  11.2.2 Middle East and Africa Thermostat Market Size by Country (2019-2024)
  11.2.3 Middle East and Africa Thermostat Market Size Forecast by Country (2025-2030)

12 VALUE CHAIN AND SALES CHANNELS ANALYSIS

12.1 Thermostat Value Chain Analysis
  12.1.1 Thermostat Key Raw Materials
  12.1.2 Key Raw Materials Price
  12.1.3 Raw Materials Key Suppliers
  12.1.4 Manufacturing Cost Structure
  12.1.5 Thermostat Production Mode & Process
12.2 Thermostat Sales Channels Analysis
  12.2.1 Direct Comparison with Distribution Share
  12.2.2 Thermostat Distributors
  12.2.3 Thermostat Customers

13 CONCLUDING INSIGHTS

14 APPENDIX

14.1 Reasons for Doing This Study
14.2 Research Methodology
14.3 Research Process
14.4 Authors List of This Report
14.5 Data Source
  14.5.1 Secondary Sources
  14.5.2 Primary Sources
14.6 Disclaimer


More Publications