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Smart thermostat is the new kit of advanced technology that connects heating systems to the internet. This provides users the access to switch heating systems through the internet connected devices. These devices can be installed easily in smart infrastructure. In addition, smart thermostat is integrated with sensors and smart-net technology such as WiFi that provides remote access to the internet connected devices. Smart thermostat is used in smart infrastructure to control smart appliances such as window ACs, Split ACs, Portables ACs, heaters, radiators, boilers, and other such appliances.
Smart thermostats are installed with remote access software and programmed with artificial intelligence. This enables smart thermostats to be programmed for future schedule of temperature controls as per user preferences or operate in a self-learning mode by the data its software collects over the period.
The factors such as rapid adoption of smart infrastructure in residential and commercial infrastructure, penetration of IoT and AI based technologies, and increased use of smart technology in medical monitoring drive the global market for smart thermostats. However, high cost of products in developing countries are the barriers to early adoption of these devices. Further, increasing advancement and adoption of automated systems in residential, commercial, and industrial sectors are expected to provide lucrative opportunities for the smart thermostat market during the forecast period.
The market is segmented on the basis of technology, application, end use, and region. By technology, it is categorized into WiFi, Infrared, Bluetooth, and others. By application, it is classified into split AC, window AC, portable AC, and others. The end use segment is divided into residential, commercial, industrial, and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key players operating in the global Smart Thermostat Market are Emerson Electric Co., Ecobee, HoneywelL International Inc., Johnson Controls, Nest Labs, Netatmo, Schneider Electric, Siemens AG, Tado and Zen Thermostat. The market leader adapt various strategy such as product launch, product development, collaboration, merger, acquisition, partnership and such other to make an edge over the competitors, as a consequence it results in market growth.
KEY BENEFITS FOR STAKEHOLDERS
• This study includes the analytical depiction of the global smart thermostat market along with the current trends and future estimations to determine the imminent investment pockets.
• The report presents information regarding the key drivers, restraints, and opportunities.
• The current market is quantitatively analyzed from 2018 to 2026 to highlight the financial competency of the industry.
• Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.
GLOBAL SMART THERMOSTAT MARKET SEGMENTATION
By Type
• WiFi
• Infrared
• Bluetooth
• Others
By Application
• Split AC
• Window AC
• Portable AC
• Others
By End Use
• Residential
• Commercial
• Industrial
• others
By Region
• North America
o U.S.
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Russia
o Rest of Europe
• Asia-Pacific
o China
o Japan
o India
o Australia
o Rest of Asia-Pacific
• LAMEA
o Latin America
o Middle East
o Africa
1.1. Report Description
1.2. Key Benefits For Stakeholders
1.3. Key Market Segments
1.4. Research Methodology
1.4.1. Primary Research
1.4.2. Secondary Research
1.4.3. Analyst Tools And Models
Chapter 2: Executive Summary
2.1. Key Findings
2.1.1. Top Impacting Factors
2.1.2. Top Investment Pockets
2.2. Cxo Perspective
Chapter 3: Market Overview
3.1. Market Definition And Scope
3.2. Key Forces Shaping Smart Thermostat Market
3.2.1. Moderate Bargaining Power of Suppliers
3.2.2. High Threat of New Entrants
3.2.3. Moderate Threat of Substitutes
3.2.4. Moderate Intensity of Rivalry
3.2.5. Moderate Bargaining Power of Buyers
3.3. Market Dynamics
3.3.1. Drivers
3.3.1.1. Rapid Adoption of Smart Infrastructure In Residential And Commercial
3.3.1.2. The Penetration of Iot And Ai Based Technologies
3.3.1.3. Increased Use of Smart Technology In Medical Monitoring
3.3.2. Restraints
3.3.2.1. High Cost of Products In Developing Countries Are The Barriers To Early Adoption
3.3.3. Opportunities
3.3.3.1. The Increasing Advancement And Adoption of Automated Systems
Chapter 4: Smart Thermostat Market, By Technology
4.1. Overview
4.2. Wifi
4.2.1. Key Market Trends, Growth Factors And Opportunities
4.2.2. Market Size And Forecast, By Region
4.2.3. Market Analysis By Country
4.3. Infrared
4.3.1. Key Market Trends, Growth Factors, And Opportunities
4.3.2. Market Size And Forecast, By Region
4.3.3. Market Analysis By Country
4.4. Bluetooth
4.4.1. Key Market Trends, Growth Factors, And Opportunities
4.4.2. Market Size And Forecast, By Region
4.4.3. Market Analysis By Country
4.5. Others
4.5.1. Key Market Trends, Growth Factors, And Opportunities
4.5.2. Market Size And Forecast, By Region
4.5.3. Market Analysis By Country
Chapter 5: Smart Thermostat Market, By Application
5.1. Overview
5.2. Split Ac
5.2.1. Key Market Trends, Growth Factors And Opportunities
5.2.2. Market Size And Forecast, By Region
5.2.3. Market Analysis By Country
5.3. Window Ac
5.3.1. Key Market Trends, Growth Factors And Opportunities
5.3.2. Market Size And Forecast, By Region
5.3.3. Market Analysis By Country
5.4. Portable Ac
5.4.1. Key Market Trends, Growth Factors And Opportunities
5.4.2. Market Size And Forecast, By Region
5.4.3. Market Analysis By Country
5.5. Other
5.5.1. Key Market Trends, Growth Factors And Opportunities
5.5.2. Market Size And Forecast, By Region
5.5.3. Market Analysis By Country
Chapter 6: Smart Thermostat Market, By End Use
6.1. Overview
6.2. Residential
6.2.1. Key Market Trends, Growth Factors And Opportunities
6.2.2. Market Size And Forecast, By Region
6.2.3. Market Analysis By Country
6.3. Commercial
6.3.1. Key Market Trends, Growth Factors And Opportunities
6.3.2. Market Size And Forecast, By Region
6.3.3. Market Analysis By Country
6.4. Industrial
6.4.1. Key Market Trends, Growth Factors And Opportunities
6.4.2. Market Size And Forecast, By Region
6.4.3. Market Analysis By Country
6.5. Other
6.5.1. Key Market Trends, Growth Factors And Opportunities
6.5.2. Market Size And Forecast, By Region
6.5.3. Market Analysis By Country
Chapter 7: Smart Thermostat Market, By Region
7.1. Overview
7.2. North America
7.2.1. Key Market Trends, Growth Factors And Opportunities
7.2.2. Market Size And Forecast, By Technology
7.2.3. Market Size And Forecast, By Application
7.2.4. Market Size And Forecast, By End Use
7.2.5. Market Analysis By Country
7.2.5.1. U.S.
7.2.5.1.1. Market Size And Forecast, By Technology
7.2.5.1.2. Market Size And Forecast, By Application
7.2.5.1.3. Market Size And Forecast, By End Use
7.2.5.2. Canada
7.2.5.2.1. Market Size And Forecast, By Technology
7.2.5.2.2. Market Size And Forecast, By Application
7.2.5.2.3. Market Size And Forecast, By End Use
7.2.5.3. Mexico
7.2.5.3.1. Market Size And Forecast, By Technology
7.2.5.3.2. Market Size And Forecast, By Application
7.2.5.3.3. Market Size And Forecast, By End Use
7.3. Europe
7.3.1. Key Market Trends, Growth Factors And Opportunities
7.3.2. Market Size And Forecast, By Technology
7.3.3. Market Size And Forecast, By Application
7.3.4. Market Size And Forecast, By End Use
7.3.5. Market Analysis By Country
7.3.5.1. Uk
7.3.5.1.1. Market Size And Forecast, By Technology
7.3.5.1.2. Market Size And Forecast, By Application
7.3.5.1.3. Market Size And Forecast, By End Use
7.3.5.2. Germany
7.3.5.2.1. Market Size And Forecast, By Technology
7.3.5.2.2. Market Size And Forecast, By Application
7.3.5.2.3. Market Size And Forecast, By End Use
7.3.5.3. France
7.3.5.3.1. Market Size And Forecast, By Technology
7.3.5.3.2. Market Size And Forecast, By Application
7.3.5.3.3. Market Size And Forecast, By End Use
7.3.5.4. Russia
7.3.5.4.1. Market Size And Forecast, By Technology
7.3.5.4.2. Market Size And Forecast, By Application
7.3.5.4.3. Market Size And Forecast, By End Use
7.3.5.5. Rest of Europe
7.3.5.5.1. Market Size And Forecast, By Technology
7.3.5.5.2. Market Size And Forecast, By Application
7.3.5.5.3. Market Size And Forecast, By End Use
7.4. Asia-Pacific
7.4.1. Key Market Trends, Growth Factors And Opportunities
7.4.2. Market Size And Forecast, By Technology
7.4.3. Market Size And Forecast, By Application
7.4.4. Market Size And Forecast, By End Use
7.4.5. Market Analysis By Country
7.4.5.1. China
7.4.5.1.1. Market Size And Forecast, By Technology
7.4.5.1.2. Market Size And Forecast, By Application
7.4.5.1.3. Market Size And Forecast, By End Use
7.4.5.2. Japan
7.4.5.2.1. Market Size And Forecast, By Technology
7.4.5.2.2. Market Size And Forecast, By Application
7.4.5.2.3. Market Size And Forecast, By End Use
7.4.5.3. India
7.4.5.3.1. Market Size And Forecast, By Technology
7.4.5.3.2. Market Size And Forecast, By Application
7.4.5.3.3. Market Size And Forecast, By End Use
7.4.5.4. Australia
7.4.5.4.1. Market Size And Forecast, By Technology
7.4.5.4.2. Market Size And Forecast, By Application
7.4.5.4.3. Market Size And Forecast, By End Use
7.4.5.5. Rest of Asia-Pacific
7.4.5.5.2. Market Size And Forecast, By Technology
7.4.5.5.3. Market Size And Forecast, By Application
7.4.5.5.4. Market Size And Forecast, By End Use
7.5. Lamea
7.5.1. Key Market Trends, Growth Factors And Opportunities
7.5.2. Market Size And Forecast, By Technology
7.5.3. Market Size And Forecast, By Application
7.5.4. Market Size And Forecast, By End Use
7.5.5. Market Analysis By Country
7.5.5.1. Latin America
7.5.5.1.1. Market Size And Forecast, By Technology
7.5.5.1.2. Market Size And Forecast, By Application
7.5.5.1.3. Market Size And Forecast, By End Use
7.5.5.2. Middle East
7.5.5.2.1. Market Size And Forecast, By Technology
7.5.5.2.2. Market Size And Forecast, By Application
7.5.5.2.3. Market Size And Forecast, By End Use
7.5.5.3. Africa
7.5.5.3.1. Market Size And Forecast, By Technology
7.5.5.3.2. Market Size And Forecast, By Application
7.5.5.3.3. Market Size And Forecast, By End Use
Chapter 8: Competitive Landscape
8.1. Introduction
8.2. Top Winning Strategies
8.2.1. Top Winning Strategies, By Year
8.2.2. Top Winning Strategies, By Development
8.2.3. Top Winning Strategies, By Company
8.3. Product Mapping of Top 10 Player
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Key Developments
8.6.1. New Product Launches& Development
8.6.2. Other Developments
Chapter 9: Company Profiles: Smart Thermostat
9.1. Emerson Electric Co.
9.1.1. Company Overview
9.1.2. Company Snapshot
9.1.3. Operating Business Segments
9.1.4. Product Portfolio
9.1.5. R&D Expenditure
9.1.6. Business Performance
9.1.7. Key Strategic Moves And Developments
9.2. Ecobee
9.2.1. Company Overview
9.2.2. Company Snapshot
9.2.3. Product Portfolio
9.2.4. Key Strategic Moves And Developments
9.3. Honeywell International Inc.
9.3.1. Company Overview
9.3.2. Company Snapshot
9.3.3. Operating Business Segments
9.3.4. Product Portfolio
9.3.5. Business Performance
9.3.6. Key Strategic Moves And Developments
9.4. Johnson Controls
9.4.1. Company Overview
9.4.2. Company Snapshot
9.4.3. Operating Business Segments
9.4.4. Product Portfolio
9.4.5. R&D Expenditure
9.4.6. Business Performance
9.4.7. Key Strategic Moves And Developments
9.5. Nest Labs (Alphabet Inc.)
9.5.1. Company Overview
9.5.2. Company Snapshot
9.5.3. Operating Business Segments
9.5.4. Product Portfolio
9.5.5. R&D Expenditure
9.5.6. Business Performance
9.5.7. Key Strategic Moves And Developments
9.6. Netatmo (Legrand Sa)
9.6.1. Company Overview
9.6.2. Company Snapshot
9.6.3. Product Portfolio
9.6.4. R&D Expenditure
9.6.5. Business Performance
9.7. Schneider Electric S.E.
9.7.1. Company Overview
9.7.2. Company Snapshot
9.7.3. Operating Business Segments
9.7.4. Product Portfolio
9.7.5. Business Performance
9.7.6. Key Strategic Moves And Developments
9.8. Siemens Ag
9.8.1. Company Overview
9.8.2. Company Snapshot
9.8.3. Operating Business Segments
9.8.4. Product Portfolio
9.8.5. Business Performance
9.8.6. Key Strategic Moves And Developments
9.9. Tado
9.9.1. Company Overview
9.9.2. Company Snapshot
9.9.3. Product Portfolio
9.9.4. Key Strategic Moves And Developments
9.10. Zen Ecosystems
9.10.1. Company Overview
9.10.2. Company Snapshot
9.10.3. Product Portfolio
9.10.4. Key Strategic Moves And Developments
Table 01. Global Smart Thermostat Market, By Technology, 2018-2026 ($Million)
Table 02. Smart Thermostat Market Revenue For Wifi, By Region 2018–2026 ($Million)
Table 03. Smart Thermostat Market Revenue For Infrared, By Region 2018–2026($Million)
Table 04. Smart Thermostat Market Revenue For Bluetooth, By Region 2018–2026($Million)
Table 05. Smart Thermostat Market Revenue For Other, By Region 2018–2026($Million)
Table 06. Global Smart Thermostat Market Revenue, By Application, 2018-2026 ($Million)
Table 07. Smart Thermostat Market Revenue For Split Ac, By Region 2018–2026($Million)
Table 08. Smart Thermostat Market Revenue For Smart Thermostat, By Region 2018–2026($Million)
Table 09. Smart Thermostat Market Revenue For Portable Ac, By Region 2018–2026($Million)
Table 10. Smart Thermostat Market Revenue For Other, By Region 2018–2026($Million)
Table 11. Global Smart Thermostat Market Revenue, By End Use, 2018-2026 ($Million)
Table 12. Smart Thermostat Market Revenue For Residential, By Region 2018–2026($Million)
Table 13. Smart Thermostat Market Revenue For Commercial, By Region 2018–2026($Million)
Table 14. Smart Thermostat Market Revenue For Industrial, By Region 2018–2026($Million)
Table 15. Smart Thermostat Market Revenue For Other, By Region 2018–2026($Million)
Table 16. North America Smart Thermostat Market Revenue, By Technology 2018–2026($Million)
Table 17. North America Smart Thermostat Market Revenue, By Application 2018–2026($Million)
Table 19. North America Smart Thermostat Market Value, By End Use, 2018–2026($Million)
Table 20. U.S. Smart Thermostat Market Revenue, By Technology 2018–2026($Million)
Table 21. U.S. Smart Thermostat Market Revenue, By Application 2018–2026($Million)
Table 22. U.S. Smart Thermostat Market Revenue, By End Use 2018–2026($Million)
Table 23. Canada Smart Thermostat Market Revenue, By Technology 2018–2026($Million)
Table 24. Canada Smart Thermostat Market Revenue, By Application 2018–2026($Million)
Table 25. Canada Smart Thermostat Market Revenue, By End Use 2018–2026($Million)
Table 26. Mexico Smart Thermostat Market Revenue, By Technology 2018–2026($Million)
Table 27. Mexico Smart Thermostat Market Revenue, By Application 2018–2026($Million)
Table 28. Mexico Smart Thermostat Market Revenue, By End Use 2018–2026($Million)
Table 29. Europe Smart Thermostat Market Revenue, By Technology 2018–2026($Million)
Table 30. Europe Smart Thermostat Market Revenue, By Application 2018–2026($Million)
Table 32. Europe Smart Thermostat Market Value, By End Use, 2018–2026($Million)
Table 33. Uk Smart Thermostat Market Revenue, By Technology 2018–2026($Million)
Table 34. Uk Smart Thermostat Market Revenue, By Application 2018–2026($Million)
Table 35. Uk Smart Thermostat Market Revenue, By End Use 2018–2026($Million)
Table 36. Germany Smart Thermostat Market Revenue, By Technology 2018–2026($Million)
Table 37. Germany Smart Thermostat Market Revenue, By Application 2018–2026($Million)
Table 38. Germany Smart Thermostat Market Revenue, By End Use 2018–2026($Million)
Table 39. France Smart Thermostat Market Revenue, By Technology 2018–2026($Million)
Table 40. France Smart Thermostat Market Revenue, By Application 2018–2026($Million)
Table 41. France Smart Thermostat Market Revenue, By End Use 2018–2026($Million)
Table 42. Russia Smart Thermostat Market Revenue, By Technology 2018–2026($Million)
Table 43. Russia Smart Thermostat Market Revenue, By Application 2018–2026($Million)
Table 44. Russia Smart Thermostat Market Revenue, By End Use 2018–2026($Million)
Table 45. Rest of Europe Smart Thermostat Market Revenue, By Technology 2018–2026($Million)
Table 46. Rest of Europe Smart Thermostat Market Revenue, By Application 2018–2026($Million)
Table 47. Rest of Europe Smart Thermostat Market Revenue, By End Use 2018–2026($Million)
Table 48. Asia Pacific Smart Thermostat Market Revenue, By Technology 2018–2026($Million)
Table 49. Asia Pacific Smart Thermostat Market Revenue, By Application 2018–2026($Million)
Table 51. Asia Pacific Smart Thermostat Market Value, By End Use, 2018–2026($Million)
Table 52. China Smart Thermostat Market Revenue, By Technology 2018–2026($Million)
Table 53. China Smart Thermostat Market Revenue, By Application 2018–2026($Million)
Table 54. China Smart Thermostat Market Revenue, By End Use 2018–2026($Million)
Table 55. Japan Smart Thermostat Market Revenue, By Technology 2018–2026($Million)
Table 56. Japan Smart Thermostat Market Revenue, By Application 2018–2026($Million)
Table 57. Japan Smart Thermostat Market Revenue, By End Use 2018–2026($Million)
Table 58. India Smart Thermostat Market Revenue, By Technology 2018–2026($Million)
Table 59. India Smart Thermostat Market Revenue, By Application 2018–2026($Million)
Table 60. India Smart Thermostat Market Revenue, By End Use 2018–2026($Million)
Table 61. Australia Smart Thermostat Market Revenue, By Technology 2018–2026($Million)
Table 62. Australia Smart Thermostat Market Revenue, By Application 2018–2026($Million)
Table 63. Australia Smart Thermostat Market Revenue, By End Use 2018–2026($Million)
Table 64. Rest of Asia Pacific Smart Thermostat Market Revenue, By Technology 2018–2026($Million)
Table 65. Rest of Asia Pacific Smart Thermostat Market Revenue, By Application 2018–2026($Million)
Table 66. Rest of Asia Pacific Smart Thermostat Market Revenue, By End Use 2018–2026($Million)
Table 67. Lamea Smart Thermostat Market Revenue, By Technology 2018–2026($Million)
Table 68. Lamea Smart Thermostat Market Revenue, By Application 2018–2026($Million)
Table 70. Lamea Smart Thermostat Market Value, By End Use, 2018–2026($Million)
Table 71. Latin America Smart Thermostat Market Revenue, By Technology 2018–2026($Million)
Table 72. Latin America Smart Thermostat Market Revenue, By Application 2018–2026($Million)
Table 73. Latin America Smart Thermostat Market Revenue, By End Use 2018–2026($Million)
Table 74. Middle East Smart Thermostat Market Revenue, By Technology 2018–2026($Million)
Table 75. Middle East Smart Thermostat Market Revenue, By Application 2018–2026($Million)
Table 76. Middle East Smart Thermostat Market Revenue, By End Use 2018–2026($Million)
Table 77. Africa Smart Thermostat Market Revenue, By Technology 2018–2026($Million)
Table 78. Africa Smart Thermostat Market Revenue, By Application 2018–2026($Million)
Table 79. Africa Smart Thermostat Market Revenue, By End Use 2018–2026($Million)
Table 80. Key New Product Launches & Product Development (2016-2019)
Table 81. Other Key Developments (2015-2018)
Table 82. Emerson Electric Co.: Company Snapshot
Table 83. Emerson Electric Co.: Operating Segments
Table 84. Emerson Electric Co.: Product Portfolio
Table 85. Emerson Electric Co.: Key Market Strategies
Table 86. Ecobee: Company Snapshot
Table 87. Ecobee: Product Portfolio
Table 88. Ecobee: Key Market Strategies
Table 89. Honeywell International Inc.: Company Snapshot
Table 90. Honeywell International Inc.: Operating Segments
Table 91. Honeywell International Inc.: Product Portfolio
Table 92. Honeywell International Inc.: Key Market Strategies
Table 93. Johnson Controls: Company Snapshot
Table 94. Johnson Controls: Operating Segments
Table 95. Johnson Controls: Product Portfolio
Table 96. Johnson Controls: Key Market Strategies
Table 97. Nest Labs, Inc.: Company Snapshot
Table 98. Alphabet Inc.: Operating Segments
Table 99. Nest Labs: Product Portfolio
Table 100. Nest Labs: Key Market Strategies
Table 101. Netatmo: Company Snapshot
Table 102. Netatmo: Product Portfolio
Table 103. Schneider Electric S.E.: Company Snapshot
Table 104. Schneider Electric S.E.: Operating Segments
Table 105. Schneider Electric S.E.: Product Portfolio
Table 106. Schneider Electric S.E.: Key Market Strategies
Table 107. Groupe Psa: Company Snapshot
Table 108. Siemens Ag: Operating Segments
Table 109. Siemens Ag: Product Portfolio
Table 110. Tado: Company Snapshot
Table 111. Tado: Product Portfolio
Table 112. Zen Ecosystems: Company Snapshot
Table 113. Zen Ecosystems: Product Portfolio
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