Smart Thermostat Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Report Code: ZMR-1301 | Report Format : | Status : Upcoming |

Abstract

Global Smart Thermostat Market: Overview

To maintain the temperature of a system, a component of the control system senses the temperature within the system, this component is known as the thermostat. In a case of smart thermostats, everything is done automatically and it is used to control the air conditioning and heating of the house or any organization. Using a thermostat the users can control the temperature throughout the day. It gives the provision to the users to set a schedule for temperature controlling. The smart thermostats are connected to the internet; this gives the user another provision of adjusting the temperature using other devices that are connected to the internet such as smart phones, I-pads, etc.

Global Smart Thermostat Market: Segmentation

The global smart transportation market is segmented into its type, network connectivity, application, and regions. On the basis of the type, the global market is segregated into zoned systems, learning thermostats, and learning zoned systems. Based on the network connectivity, the market is divided into wireless and wired. On the basis of application, smart thermostat market is categorized into the office building, educational institutional, hospitality, residential, industrial building, retail, and healthcare. Region-wise, the market is diversified into North America, Asia-Pacific, Europe, and Rest of the World.

Global Smart Thermostat Market: Growth Factors

In the past few years, the global smart thermostat market has gained popularity owing to increasing need to use energy efficient solutions in the different sectors such as residential and commercial. The increase in the use of the smartphones helps in contributing towards the energy management solutions. In order to manage the average energy expenditure, there should be solutions to manage and control the consumption of energy; smart thermostats help in doing so thus increasing its demand in the market. The use of smart thermostats help in reducing the electricity bills and the good return on investments are offered. The organizations and industries have started adopting the smart thermostat technology as it is an effective way to manage their HVAC systems. Smart thermostats offer following benefits they help in identifying user behavior, adjusting the HVAC systems automatically, analyzing user patterns, and with the help of wireless connectivity offering remote monitoring. These factors contribute to increasing its demand in the global market.

Global Smart Thermostat Market: Regional Analysis

The region that dominates the smart thermostat market is the North America. The factor that attributes this market growth is the rise in the demand for efficiently managing the energy and the presence of a large number of key vendors in the region. The average rate of unit power has increased which is encouraging the industries, household consumers, and enterprises to adopt the smart thermostat as a smart energy solution. The European smart thermostat market is also increasing owing to the favorable initiatives taken by the government.

Global Smart Thermostat Market: Competitive Players

The key market players in the smart thermostat market include Allure Energy Inc., Radio Thermostat Company of America, Ecobee, Nest Labs, Energate Inc., CPS Energy, Honeywell International Inc., Schneider Electric, Blue Line Innovations Inc., Sigma Designs, Inc., Ingersoll-Rand Plc., and Venstar Inc.

Global Smart Thermostat Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Report Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

Related Reports

Vision Guided Robots Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2291 | Report Format:

Vision Guided Robots Market: Overview The vision guided robots are the robots that work on the technology where the functionality of the sensor is performed by the camera by providing the feedback to the robot supervisor in order to accurately move an object to destined location. The basic funct...Read More

Electric Sub-meter Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2283 | Report Format:

Electric Sub-meter Market: Overview The electric-sub meter helps in recording and measuring the consumption of the electricity for the individual component of the construction instead of having an individual meter that will measure the entire consumption of the energy in the construction. Instal...Read More

Bimodal Identity Management Solutions Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2282 | Report Format:

Bimodal Identity Management Solutions Market: Overview The bimodal identity management solutions integrate the conventional enterprise identity architectures with the added security layer. With the help of the solutions companys integral information system is safeguarded. Bimodal Identity Mana...Read More

Portable Solar Charger Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2274 | Report Format:

Portable Solar Charger Market: Growth Factors The portable solar chargers have the following features they are small, wearable and handy thus can easily carried by the consumers; it offers portability and enhances the mobile applications of the product which results in the quality end user exper...Read More

Microelectromechanical Systems (MEMS) Market for Automotive, Consumer Electronics, Industrial, Healthcare, aerospace & defense, and Other Applications: Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2016 – 2022

Sep-2017 | Price : $ 4199.00 | Pages: 110 | Report Code: ZMR-2257 | Report Format:

The report covers forecast and analysis for the microelectromechanical systems market on a global and regional level. The study gives historical data of the year 2014, 2015, 2016 and forecast for 2017-2022 on the basis of revenue (USD Billion). The study includes drivers and restraints for the mic...Read More

Choose License Type:
Latest Published Reports

View All Published Reports