Global Smart Thermostats Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

Report ID: GIR2212250410 | Category: Electronics & Semiconductor | Pages: 100 | Format: PDF | Published Date: January 03,2023

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Report Summary

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.
Based on technology, Smart Thermostats include Wi-Fi Thermostat, ZigBee Thermostat, NFC Thermostat, Ethernet Thermostat, Bluetooth Ethernet and etc. Wi-Fi Thermostat is the most popular type in the market.
According to our (Global Info Research) latest study, the global Smart Thermostats market size was valued at USD 2174.8 million in 2022 and is forecast to a readjusted size of USD 4854.2 million by 2029 with a CAGR of 12.2% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The technical barrier of smart thermostats is high, resulting in few companies in the market. Nest is the first and largest producer, accounting for 23% of output. Other leading players include EcoBee, Honeywell, Emerson, Carrier, Energate Inc., Tado GmbH, Control4, Netatmo and Hive Home, etc. As for main production countries, it is estimated that North America accounted for more than 85% of global WiFi Thermostats output.
North America is also leading the downstream consumption market, occupied about 71% market share, Europe followed with 19% market share.
This report is a detailed and comprehensive analysis for global Smart Thermostats market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Smart Thermostats market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029
Global Smart Thermostats market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029
Global Smart Thermostats market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029
Global Smart Thermostats market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (USD/Unit), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Smart Thermostats
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Smart Thermostats market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Nest, Honeywell, EcoBee, Schneider Electric and Emerson, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
Smart Thermostats market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
WiFi Thermostats
ZigBee Thermostats
Others
Market segment by Application
Residential
Commercial
Major players covered
Nest
Honeywell
EcoBee
Schneider Electric
Emerson
LUX/GEO
Carrier
Energate Inc.
Tado GmbH
Control4
Netatmo
Hive Home
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Smart Thermostats product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Smart Thermostats, with price, sales, revenue and global market share of Smart Thermostats from 2018 to 2023.
Chapter 3, the Smart Thermostats competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Smart Thermostats breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Smart Thermostats market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Smart Thermostats.
Chapter 14 and 15, to describe Smart Thermostats sales channel, distributors, customers, research findings and conclusion.

1 Market Overview
    1.1 Product Overview and Scope of Smart Thermostats
    1.2 Market Estimation Caveats and Base Year
    1.3 Market Analysis by Type
        1.3.1 Overview: Global Smart Thermostats Consumption Value by Type: 2018 Versus 2022 Versus 2029
        1.3.2 WiFi Thermostats
        1.3.3 ZigBee Thermostats
        1.3.4 Others
    1.4 Market Analysis by Application
        1.4.1 Overview: Global Smart Thermostats Consumption Value by Application: 2018 Versus 2022 Versus 2029
        1.4.2 Residential
        1.4.3 Commercial
    1.5 Global Smart Thermostats Market Size & Forecast
        1.5.1 Global Smart Thermostats Consumption Value (2018 & 2022 & 2029)
        1.5.2 Global Smart Thermostats Sales Quantity (2018-2029)
        1.5.3 Global Smart Thermostats Average Price (2018-2029) 
2 Manufacturers Profiles
    2.1 Nest
        2.1.1 Nest Details
        2.1.2 Nest Major Business
        2.1.3 Nest Smart Thermostats Product and Services
        2.1.4 Nest Smart Thermostats Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.1.5 Nest Recent Developments/Updates
    2.2 Honeywell
        2.2.1 Honeywell Details
        2.2.2 Honeywell Major Business
        2.2.3 Honeywell Smart Thermostats Product and Services
        2.2.4 Honeywell Smart Thermostats Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.2.5 Honeywell Recent Developments/Updates
    2.3 EcoBee
        2.3.1 EcoBee Details
        2.3.2 EcoBee Major Business
        2.3.3 EcoBee Smart Thermostats Product and Services
        2.3.4 EcoBee Smart Thermostats Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.3.5 EcoBee Recent Developments/Updates
    2.4 Schneider Electric
        2.4.1 Schneider Electric Details
        2.4.2 Schneider Electric Major Business
        2.4.3 Schneider Electric Smart Thermostats Product and Services
        2.4.4 Schneider Electric Smart Thermostats Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.4.5 Schneider Electric Recent Developments/Updates
    2.5 Emerson
        2.5.1 Emerson Details
        2.5.2 Emerson Major Business
        2.5.3 Emerson Smart Thermostats Product and Services
        2.5.4 Emerson Smart Thermostats Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.5.5 Emerson Recent Developments/Updates
    2.6 LUX/GEO
        2.6.1 LUX/GEO Details
        2.6.2 LUX/GEO Major Business
        2.6.3 LUX/GEO Smart Thermostats Product and Services
        2.6.4 LUX/GEO Smart Thermostats Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.6.5 LUX/GEO Recent Developments/Updates
    2.7 Carrier
        2.7.1 Carrier Details
        2.7.2 Carrier Major Business
        2.7.3 Carrier Smart Thermostats Product and Services
        2.7.4 Carrier Smart Thermostats Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.7.5 Carrier Recent Developments/Updates
    2.8 Energate Inc.
        2.8.1 Energate Inc. Details
        2.8.2 Energate Inc. Major Business
        2.8.3 Energate Inc. Smart Thermostats Product and Services
        2.8.4 Energate Inc. Smart Thermostats Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.8.5 Energate Inc. Recent Developments/Updates
    2.9 Tado GmbH
        2.9.1 Tado GmbH Details
        2.9.2 Tado GmbH Major Business
        2.9.3 Tado GmbH Smart Thermostats Product and Services
        2.9.4 Tado GmbH Smart Thermostats Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.9.5 Tado GmbH Recent Developments/Updates
    2.10 Control4
        2.10.1 Control4 Details
        2.10.2 Control4 Major Business
        2.10.3 Control4 Smart Thermostats Product and Services
        2.10.4 Control4 Smart Thermostats Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.10.5 Control4 Recent Developments/Updates
    2.11 Netatmo
        2.11.1 Netatmo Details
        2.11.2 Netatmo Major Business
        2.11.3 Netatmo Smart Thermostats Product and Services
        2.11.4 Netatmo Smart Thermostats Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.11.5 Netatmo Recent Developments/Updates
    2.12 Hive Home
        2.12.1 Hive Home Details
        2.12.2 Hive Home Major Business
        2.12.3 Hive Home Smart Thermostats Product and Services
        2.12.4 Hive Home Smart Thermostats Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.12.5 Hive Home Recent Developments/Updates
3 Competitive Environment: Smart Thermostats by Manufacturer
    3.1 Global Smart Thermostats Sales Quantity by Manufacturer (2018-2023)
    3.2 Global Smart Thermostats Revenue by Manufacturer (2018-2023)
    3.3 Global Smart Thermostats Average Price by Manufacturer (2018-2023)
    3.4 Market Share Analysis (2022)
        3.4.1 Producer Shipments of Smart Thermostats by Manufacturer Revenue ($MM) and Market Share (%): 2022
        3.4.2 Top 3 Smart Thermostats Manufacturer Market Share in 2022
        3.4.2 Top 6 Smart Thermostats Manufacturer Market Share in 2022
    3.5 Smart Thermostats Market: Overall Company Footprint Analysis
        3.5.1 Smart Thermostats Market: Region Footprint
        3.5.2 Smart Thermostats Market: Company Product Type Footprint
        3.5.3 Smart Thermostats Market: Company Product Application Footprint
    3.6 New Market Entrants and Barriers to Market Entry
    3.7 Mergers, Acquisition, Agreements, and Collaborations
4 Consumption Analysis by Region
    4.1 Global Smart Thermostats Market Size by Region
        4.1.1 Global Smart Thermostats Sales Quantity by Region (2018-2029)
        4.1.2 Global Smart Thermostats Consumption Value by Region (2018-2029)
        4.1.3 Global Smart Thermostats Average Price by Region (2018-2029)
    4.2 North America Smart Thermostats Consumption Value (2018-2029)
    4.3 Europe Smart Thermostats Consumption Value (2018-2029)
    4.4 Asia-Pacific Smart Thermostats Consumption Value (2018-2029)
    4.5 South America Smart Thermostats Consumption Value (2018-2029)
    4.6 Middle East and Africa Smart Thermostats Consumption Value (2018-2029)
5 Market Segment by Type
    5.1 Global Smart Thermostats Sales Quantity by Type (2018-2029)
    5.2 Global Smart Thermostats Consumption Value by Type (2018-2029)
    5.3 Global Smart Thermostats Average Price by Type (2018-2029)
6 Market Segment by Application
    6.1 Global Smart Thermostats Sales Quantity by Application (2018-2029)
    6.2 Global Smart Thermostats Consumption Value by Application (2018-2029)
    6.3 Global Smart Thermostats Average Price by Application (2018-2029)
7 North America
    7.1 North America Smart Thermostats Sales Quantity by Type (2018-2029)
    7.2 North America Smart Thermostats Sales Quantity by Application (2018-2029)
    7.3 North America Smart Thermostats Market Size by Country
        7.3.1 North America Smart Thermostats Sales Quantity by Country (2018-2029)
        7.3.2 North America Smart Thermostats Consumption Value by Country (2018-2029)
        7.3.3 United States Market Size and Forecast (2018-2029)
        7.3.4 Canada Market Size and Forecast (2018-2029)
        7.3.5 Mexico Market Size and Forecast (2018-2029)
8 Europe
    8.1 Europe Smart Thermostats Sales Quantity by Type (2018-2029)
    8.2 Europe Smart Thermostats Sales Quantity by Application (2018-2029)
    8.3 Europe Smart Thermostats Market Size by Country
        8.3.1 Europe Smart Thermostats Sales Quantity by Country (2018-2029)
        8.3.2 Europe Smart Thermostats Consumption Value by Country (2018-2029)
        8.3.3 Germany Market Size and Forecast (2018-2029)
        8.3.4 France Market Size and Forecast (2018-2029)
        8.3.5 United Kingdom Market Size and Forecast (2018-2029)
        8.3.6 Russia Market Size and Forecast (2018-2029)
        8.3.7 Italy Market Size and Forecast (2018-2029)
9 Asia-Pacific
    9.1 Asia-Pacific Smart Thermostats Sales Quantity by Type (2018-2029)
    9.2 Asia-Pacific Smart Thermostats Sales Quantity by Application (2018-2029)
    9.3 Asia-Pacific Smart Thermostats Market Size by Region
        9.3.1 Asia-Pacific Smart Thermostats Sales Quantity by Region (2018-2029)
        9.3.2 Asia-Pacific Smart Thermostats Consumption Value by Region (2018-2029)
        9.3.3 China Market Size and Forecast (2018-2029)
        9.3.4 Japan Market Size and Forecast (2018-2029)
        9.3.5 Korea Market Size and Forecast (2018-2029)
        9.3.6 India Market Size and Forecast (2018-2029)
        9.3.7 Southeast Asia Market Size and Forecast (2018-2029)
        9.3.8 Australia Market Size and Forecast (2018-2029)
10 South America
    10.1 South America Smart Thermostats Sales Quantity by Type (2018-2029)
    10.2 South America Smart Thermostats Sales Quantity by Application (2018-2029)
    10.3 South America Smart Thermostats Market Size by Country
        10.3.1 South America Smart Thermostats Sales Quantity by Country (2018-2029)
        10.3.2 South America Smart Thermostats Consumption Value by Country (2018-2029)
        10.3.3 Brazil Market Size and Forecast (2018-2029)
        10.3.4 Argentina Market Size and Forecast (2018-2029)
11 Middle East & Africa
    11.1 Middle East & Africa Smart Thermostats Sales Quantity by Type (2018-2029)
    11.2 Middle East & Africa Smart Thermostats Sales Quantity by Application (2018-2029)
    11.3 Middle East & Africa Smart Thermostats Market Size by Country
        11.3.1 Middle East & Africa Smart Thermostats Sales Quantity by Country (2018-2029)
        11.3.2 Middle East & Africa Smart Thermostats Consumption Value by Country (2018-2029)
        11.3.3 Turkey Market Size and Forecast (2018-2029)
        11.3.4 Egypt Market Size and Forecast (2018-2029)
        11.3.5 Saudi Arabia Market Size and Forecast (2018-2029)
        11.3.6 South Africa Market Size and Forecast (2018-2029)
12 Market Dynamics
    12.1 Smart Thermostats Market Drivers
    12.2 Smart Thermostats Market Restraints
    12.3 Smart Thermostats Trends Analysis
    12.4 Porters Five Forces Analysis
        12.4.1 Threat of New Entrants
        12.4.2 Bargaining Power of Suppliers
        12.4.3 Bargaining Power of Buyers
        12.4.4 Threat of Substitutes
        12.4.5 Competitive Rivalry
    12.5 Influence of COVID-19 and Russia-Ukraine War
        12.5.1 Influence of COVID-19
        12.5.2 Influence of Russia-Ukraine War
13 Raw Material and Industry Chain
    13.1 Raw Material of Smart Thermostats and Key Manufacturers
    13.2 Manufacturing Costs Percentage of Smart Thermostats
    13.3 Smart Thermostats Production Process
    13.4 Smart Thermostats Industrial Chain
14 Shipments by Distribution Channel
    14.1 Sales Channel
        14.1.1 Direct to End-User
        14.1.2 Distributors
    14.2 Smart Thermostats Typical Distributors
    14.3 Smart Thermostats Typical Customers
15 Research Findings and Conclusion
16 Appendix
    16.1 Methodology
    16.2 Research Process and Data Source
    16.3 Disclaimer

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Global Smart Thermostats Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

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