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The future of the smart thermostats market looks promising with opportunities in the residential, office building, educational buildings, industrial building, retail, hospitality, and healthcare indu

stries. The global smart thermostats market is expected to grow with a CAGR of 31% from 2019 to 2024. The major drivers for this market are stringent government regulation towards energy saving, increasing demand for energy-efficient devices, and increasing adoption of smart home technology.

A more than 150 pages report is developed to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of smart thermostats market report download the report brochure.



Smart Thermostats Market by Segments

Smart Thermostats Market Trends and Forecast

Smart Thermostats Market Share
 


The study includes the smart thermostats market size and forecast for the global smart thermostats market by technology, component, end use industry, and region as follows:

By Technology [$M shipment analysis for 2019 – 2024]:
  • Wired Networking
  • Wireless Networking: Wi-Fi, ZigBee, Z-Wave, and Bluetooth

By Component [$M shipment analysis for 2019 – 2024]:
  • Display Sensor
  • Temperature Sensor
  • Humidity Sensor
  • Motion Sensor

By End Use Industry [$M shipment analysis for 2019 – 2024]:
  • Residential
  • Educational
  • Office and Industrial Building
  • Retail
  • Hospitality and Healthcare

By Region [$M shipment analysis for 2013 – 2024]:
  • North America
    • United States
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • Italy
  • Asia Pacific
    • China
    • Japan
    • India
  • RoW

Some of the smart thermostats companies profiled in this report include Nest Labs, Inc., Honeywell International Inc., Ecobee, Inc. , Emerson Electric Co., Schneider Electric SE, Tado GmbH, Control4 Corporation, Ingersoll Rand PLC, Carrier Corporation, Nortek, Inc

Some of the features of this report:
  • Market size estimates: Smart thermostats market size estimation in terms of value ($M) shipment.
  • Trend and forecast analysis: Market trend (2013-2018) and forecast (2019-2024) end use industry.
  • Segmentation analysis: Market size by various segments such as by technology, component, end use industry, and region.
  • Regional analysis: Smart thermostats market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
  • Growth opportunities: Analysis on growth opportunities in different applications and regions for smart thermostats in the smart thermostats market.
  • Strategic analysis: This includes M&A, new product development, and competitive landscape for, smart thermostats in the smart thermostats market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

This report answers following 11 key questions:

Q.1 What are some of the most promising potential, high-growth opportunities for the global smart thermostats market by technology (wired networking, wireless network, Wi-Fi, Zigbee, Z-wave, and bluetooth), component (display sensor, temperature sensor, humidity sensor, motion sensor, and others), end use industry (residential, educational, office and industrial building, retail, and hospitality & healthcare), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
Table of Content

1. Executive Summary

2. Market Trends and Forecast Analysis from 2013 to 2024
   2.1: Introduction, Background, and Classification
   2.2: Supply Chain
   2.3: Industry Drivers and Challenges

3. Market Trends and Forecast Analysis from 2013 to 2024
   3.1: Macroeconomic Trends and Forecast
   3.2: Global Smart Thermostats Market:Trends and Forecast
   3.3: Global Smart Thermostats Market by Technology
   3.3.1: Wired Networking
   3.3.2: Wireless Networking: Wi-Fi, ZigBee, Z-Wave and Bluetooth
   3.4: Global Smart Thermostats Market by Component
   3.4.1: Display Sensor
   3.4.2: Temperature Sensor
   3.4.3: Humidity Sensor
   3.4.4: Motion Sensor
   3.5: Global Smart Thermostats Market by End Use Industry
   3.5.1: Residential
   3.5.2: Educational
   3.5.3: Retail
   3.5.4: Hospitality and Healthcare
   3.5.5: Office and Industrial Building

4. Market Trends and Forecast Analysis by Region
   4.1: Global Smart Thermostats Market by Region
   4.2: North American Smart Thermostats Market
4.2.1: Market by End Use Industry: Residential, Educational, Retail, Hospitality and Healthcare, and Office & Industrial building
4.2.2: Market by Technology: Wired and Wireless Networking
4.2.3: United States Smart Thermostats Market
4.2.4: Canadian Smart Thermostats Market
4.2.5: Mexican Smart Thermostats Market
   4.3: European Smart Thermostats Market
4.3.1: Market by End Use Industry: Residential, Educational, Retail, Hospitality and Healthcare, and Office & Industrial Building
4.3.2: Market by Technology: Wired and Wireless Networking
4.3.3: German Smart Thermostats Market
4.3.4: Italian Smart Thermostats Market
4.3.5: The UK Smart Thermostats Market
   4.4: APAC Smart Thermostats Market
4.4.1: Market by End Use Industry: Residential, Educational, Retail, Hospitality and Healthcare, and Office & Industrial Building
4.4.2: Market by Technology: Wired and Wireless Networking
4.4.3: Chinese Smart Thermostats Market
4.4.4: Indian Smart Thermostats Market
4.4.5: Japanese Smart Thermostats Market
   4.5: ROW Smart Thermostats Market
4.5.1: Market by End Use Industry: Residential, Educational, Retail, Hospitality and Healthcare, and Office & Industrial Building
4.5.2: Market by Technology: Wired and Wireless Networking

5. Competitor Analysis
   5.1: Product Portfolio Analysis
   5.2: Market Share Analysis
   5.3: Operational Integration
   5.4: Regional Reach
   5.5: Porter’s Five Forces Analysis

6. Growth Opportunities and Strategic Analysis
   6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for Global Smart Thermostats Market by Technology
6.1.2: Growth Opportunities for Global Smart Thermostats Market by Component
6.1.3: Growth Opportunities for Global Smart Thermostats Market by End Use Industry
6.1.4: Growth Opportunities for Global Smart Thermostats Market by Region
   6.2: Emerging Trends in Global Smart Thermostats Market
   6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of Global Smart Thermostats Market
6.3.3: Mergers, Acquisitions and Joint Ventures in the Global Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
   7.1: Nest Labs
   7.2: Honeywell International
   7.3: Ecobee
   7.4: Emerson Electric
   7.5: Schneider Electric
   7.6: Tado
   7.7: Control4 Corporation
   7.8: Ingersoll Rand PLC
   7.9: Carrier Corporation
   7.10: Nortek
.

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142 figures/charts and 107 tables are provided in this 150 - page report
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
  • In-depth interviews of the major players in this market
  • Detailed secondary research from competitors’ financial statements and published data 
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
 
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process. 
 

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