Smart Thermostat Market - Industry Trends, Opportunities and Forecasts to 2023

January 2017 | 88 pages | ID: S4E6EAD2216EN
Knowledge Sourcing Intelligence LLP

Abstracts

Smart Thermostat Market is projected to witness a compound annual growth rate of 22.23% to reach a total market size of US$4.478 billion by 2023, from US$1.642 billion in 2018. 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.

Research Methodology

The report provides a brief introduction to the market and deals with detailed research methodology for calculating market size and forecasts, secondary data sources used and the primary inputs which were taken for data validation. This section also outlines various segmentation which has been covered as part of the report.

Firstly, the report provides a brief introduction of the market and deals with detailed research methodology for calculating market size and forecasts, secondary data sources used and the primary inputs which were taken for data validation. This section also outlines various segmentation which has been covered as part of the report.

Market Dynamics

This section provides comprehensive market dynamics through an overview section along with growth drivers, challenges, and opportunities which exist in the current market. This section of the report also provides supplier and industry outlook as a whole; key industry, global and regional regulations which are determining the smart thermostat market growth. Complete industry analysis has also been covered by Porter’s five forces model as a part of this report section.

Segmentation

Smart Thermostat market has been segmented on the basis of technology, application, and geography.

By Technology
Wi-Fi
ZigBee
NFC
Ethernet
Bluetooth
Others
By Application
Residential
Commercial
Industrial
By Geography
Americas
North America
US
Canada
Mexico
Others
South America
Brazil
Others
Europe Middle East and Africa
Europe
United Kingdom
Germany
France
Others
The Middle East and Africa
Asia Pacific
Japan
China
India
Australia
Others
Market Players

Competitive intelligence and company profile sections analyze key players in the market, their growth strategies, products, financials, and recent investments among others. Key industry players profiled as part of this section are Google Nest, ecobee, Honeywell International, Schneider Electric, Emerson Climate Technologies, Carrier Corporation, Allure Energy Inc and Radio Thermostat Company of America among others.

Contents

1. INTRODUCTION

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

4.1. Segmentations
4.2. Drivers
4.3. Restraints
4.4. Opportunities
4.5. Supplier Outlook
4.6. Industry Outlook
4.7. Porter’s 5 Forces Analysis
4.8. Industry Value Chain Analysis

5. SMART THERMOSTAT MARKET FORECAST BY TECHNOLOGY (US$ BILLION)

5.1. Wi-Fi
5.2. ZigBee
5.3. NFC
5.4. Ethernet
5.5. Bluetooth
5.6. Others

6. SMART THERMOSTAT MARKET FORECAST BY APPLICATION (US$ BILLION)

6.1. Residential
6.2. Commercial
6.3. Industrial

7. SMART THERMOSTAT MARKET FORECAST BY GEOGRAPHY (US$ BILLION)

7.1. Americas
  7.1.1. North America
    7.1.1.1. US
    7.1.1.2. Canada
    7.1.1.3. Mexico
    7.1.1.4. Others
  7.1.2. South America
    7.1.2.1. Brazil
    7.1.2.2. Others
7.2. Europe Middle East and Africa
  7.2.1. Europe
    7.2.1.1. United Kingdom
    7.2.1.2. Germany
    7.2.1.3. France
    7.2.1.4. Others
  7.2.2. The Middle East and Africa
7.3. Asia Pacific
  7.3.1. Japan
  7.3.2. China
  7.3.3. India
  7.3.4. Australia
  7.3.5. Others

8. COMPETITIVE INTELLIGENCE

8.1. Investment Analysis
8.2. Recent Deals
8.3. Strategies of Key Players

9. COMPANY PROFILES

9.1. Google Nest
9.2. Ecobee
9.3. Honeywell International
9.4. Schneider Electric
9.5. Emerson Climate Technologies
9.6. Carrier Corporation
9.7. Allure Energy Inc.
9.8. Radio Thermostat Company of America