Wi-Fi Thermostats Market - Global Industry Analysis

Wi-Fi Thermostats Market: Global Industry Perspective, Comprehensive Analysis and Forecast, 2018-2025

Published Date: 15-Jul-2019 Category: Technology & Media Report Format : PDF Pages: 110 Report Code: ZMR-4413 Status : Published

Global demand for Wi-Fi thermostats market was valued at approximately USD 689.8 million in 2018 and is expected to generate revenue of around USD 3500 million by end of 2025, growing at a CAGR of around 30% between 2019 and 2025.

Description

The report covers forecast and analysis for the Wi-Fi thermostats market on a global and regional level. The study provides historic data from 2015 to 2018 along with a forecast from 2019 to 2025 based on revenue (USD Million). The study includes drivers and restraints for the Wi-Fi thermostats market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities and various trends in the Wi-Fi thermostats market on a global level.

As per the report, the global demand for Wi-Fi thermostats market was valued at approximately USD 689.8 million in 2018 and is expected to generate revenue of around USD 3500 million by end of 2025, growing at a CAGR of around 30% between 2019 and 2025.

Global dry concrete market

The global market of Wi-Fi thermostats is anticipated to grow exponentially in the forecast period owing to the facilities provided by Wi-Fi thermostats. The energy can be effectively managed and money can be conserved by the use of Wi-Fi thermostats. Moreover, the advanced technologies can help utilities to control smart applications, driving the Wi-Fi thermostats market. Furthermore, the rise in government regulations on effective use of energy drives the market.

The growing popularity of connected devices leads to escalation in need of controlling the devices is anticipated to grow the target market in the forecast period. However, the complexities in installing the Wi-Fi thermostats systems in the consumer house can restrict the growth of the target market. The increasing concern of the people, industries, and the government towards conservation of energy can act as an important opportunity for the Wi-Fi thermostats market.

The Wi-Fi thermostats market is segmented on the basis of product, application, and region. Based on the product, the Wi-Fi thermostats market is bifurcated into connected smart thermostats, learning smart thermostats, and standalone smart thermostats. The learning smart thermostats segment anticipates to grow significantly owing to the automatic and better control over the appliances.

On the basis of application, the Wi-Fi thermostats market is divided into industrial, residential, and commercial. The increase in penetration of smartphones is presumed to fuel the growth of residential Wi-Fi thermostats market especially in Asia Pacific region.

The Asia Pacific region is anticipated to witness a momentous growth rate owing to the elevated use of smart assistance technology by the population in the region. Furthermore, the launch of ‘new type urbanization plan’ by the Chinese government that focuses on use of Wi-Fi thermostats is presumed to drive the market. The growing emphasis of people on smart home services is assumed to propel the Wi-Fi thermostats market. Moreover, the Wi-Fi thermostats market is driven by adoption of Indian green Building Council program even in the residential area.

North America is expected to grow exponentially owing to the increasing demand in the U.S. and Canada. Moreover, reduction in price of Wi-Fi thermostats by companies like Ecobee and Nest is presumed to elevate the Wi-Fi thermostats market. Moreover, deployment of Wi-Fi thermostats by governments, utility companies, and non-profit organizations to endure energy poverty will drive market growth for Wi-Fi thermostats market. 

The major players for Wi-Fi thermostats market are Honeywell international, Nortek, Inc., Tado, Nest Labs, Emerson Electric Co., Carrier Corp., Schneider Electric SE, Ecobee, Control4 Corp., and Ingersoll Rand, among others.

Wi-Fi Thermostats Market: Product Type Segment Analysis

  • Connected smart thermostats
  • Standalone smart thermostats
  • Learning smart thermostats

Wi-Fi Thermostats Market: Application Segment Analysis

  • Residential
  • Commercial
  • Industrial

Wi-Fi Thermostats Market: Regional Segment Analysis

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

Table Of Content

  • Chapter 1. Preface
    • 1.1. Report Description
      • 1.1.1. Objective
      • 1.1.2. Target Audience
      • 1.1.3. Unique Selling Proposition (USP) & Offerings
    • 1.2. Research Scope
    • 1.3. Research Methodology
      • 1.3.1. Market Research Process
      • 1.3.2. Market Research Methodology
      • 1.3.3. Level 1: Primary Research
      • 1.3.4. Level 2: Secondary Research
      • 1.3.5. Level 3: Data Validation and Expert Panel Assessment Report Description and Scope
  • Chapter 2. Executive Summary
    • 2.1. Global Wi-Fi Thermostats Market, 2015-2025, (USD Million)
    • 2.2. Wi-Fi Thermostats Market: Market snapshot
  • Chapter 3. Global Wi-Fi Thermostats Market – Industry Analysis
    • 3.1. Introduction
    • 3.2. Industry ecosystem analysis
    • 3.3. Technology landscape
    • 3.4. Market Drivers
      • 3.4.1. Increasing Internet Penetration and Connected Devices are Driving the Market Growth
    • 3.5. Restraints
      • 3.5.1. High Installation Costs and Lack of Interoperability Challenges the Market
    • 3.6. Opportunity
      • 3.6.1. Increasing Popularity of Smart Homes
    • 3.7. Innovation & sustainability
    • 3.8. Regulatory landscape
    • 3.9. Porter’s Five Forces Analysis
    • 3.10. PESTEL Analysis
    • 3.11. Wi-Fi Thermostats Market: Market Attractiveness Analysis
      • 3.11.1. Market Attractiveness Analysis by Product Type Segment
      • 3.11.2. Market Attractiveness Analysis by Application Segment
      • 3.11.3. Market Attractiveness Analysis by Regional Segment
  • Chapter 4. Global Wi-Fi Thermostats Market - Competitive Landscape
    • 4.1. Company Market Share Analysis, 2018
    • 4.2. Strategic Development
      • 4.2.1. Acquisitions and Mergers
      • 4.2.2. New Product Launch
      • 4.2.3. Agreements, Partnerships, Cullaborations and Joint Ventures
      • 4.2.4. Research & Development and Regional Expansion
  • Chapter 5. Global Wi-Fi Thermostats Market – Product Type Segment Analysis
    • 5.1. Global Wi-Fi Thermostats Market Revenue Share, by Product Type, 2018 & 2025 (USD Million)
    • 5.2. Global Wi-Fi Thermostats Market by Connected smart thermostats, 2015-2025(USD Million)
    • 5.3. Global Wi-Fi Thermostats Market by Standalone smart thermostats, 2015-2025(USD Million)
    • 5.4. Global Wi-Fi Thermostats Market by Learning smart thermostats, 2015-2025(USD Million)
  • Chapter 6. Global Wi-Fi Thermostats Market – Application Segment Analysis
    • 6.1. Global Wi-Fi Thermostats Market Revenue Share, by Application, 2018 & 2025 (USD Million)
    • 6.2. Global Wi-Fi Thermostats Market by Residential, 2015-2025(USD Million)
    • 6.3. Global Wi-Fi Thermostats Market by Commercial, 2015-2025(USD Million)
    • 6.4. Global Wi-Fi Thermostats Market by Industrial, 2015-2025(USD Million)
  • Chapter 7. Global Wi-Fi Thermostats Market - Regional Analysis
    • 7.1. Global Wi-Fi Thermostats Market: Regional Overview
      • 7.1.1. Global Wi-Fi Thermostats Market Revenue Share, By Region, 2018 & 2025 (USD Million)
    • 7.2. North America
      • 7.2.1. North America Wi-Fi Thermostats Market Revenue 2015-2025(USD Million)
      • 7.2.2. North America Wi-Fi Thermostats Market Revenue, By Product Type, 2015-2025(USD Million)
      • 7.2.3. North America Wi-Fi Thermostats Market Revenue, By Application, 2015-2025(USD Million)
      • 7.2.4. U.S.
        • 7.2.4.1. U.S. Wi-Fi Thermostats Market Revenue, by Product Type, 2015-2025(USD Million)
        • 7.2.4.2. U.S. Wi-Fi Thermostats Market Revenue, by Application, 2015-2025(USD Million)
      • 7.2.5. Rest of North America
        • 7.2.5.1. Rest of North America Wi-Fi Thermostats Market Revenue, by Product Type, 2015-2025(USD Million)
        • 7.2.5.2. Rest of North America Wi-Fi Thermostats Market Revenue, by Application, 2015-2025(USD Million)
    • 7.3. Europe
      • 7.3.1. Europe Wi-Fi Thermostats Market Revenue 2015-2025(USD Million)
      • 7.3.2. Europe Wi-Fi Thermostats Market Revenue, By Product Type, 2015-2025(USD Million)
      • 7.3.3. Europe Wi-Fi Thermostats Market Revenue, By Application, 2015-2025(USD Million)
      • 7.3.4. UK
        • 7.3.4.1. UK Wi-Fi Thermostats Market Revenue, by Product Type, 2015-2025(USD Million)
        • 7.3.4.2. UK Wi-Fi Thermostats Market Revenue, by Application, 2015-2025(USD Million)
      • 7.3.5. France
        • 7.3.5.1. France Wi-Fi Thermostats Market Revenue, by Product Type, 2015-2025(USD Million)
        • 7.3.5.2. France Wi-Fi Thermostats Market Revenue, by Application, 2015-2025(USD Million)
      • 7.3.6. Germany
        • 7.3.6.1. Germany Wi-Fi Thermostats Market Revenue, by Product Type, 2015-2025(USD Million)
        • 7.3.6.2. Germany Wi-Fi Thermostats Market Revenue, by Application, 2015-2025(USD Million)
      • 7.3.7. Rest of Europe
        • 7.3.7.1. Rest of Europe Wi-Fi Thermostats Market Revenue, by Product Type, 2015-2025(USD Million)
        • 7.3.7.2. Rest of Europe Wi-Fi Thermostats Market Revenue, by Application, 2015-2025(USD Million)
    • 7.4. Asia Pacific
      • 7.4.1. Asia Pacific Wi-Fi Thermostats Market Revenue 2015-2025(USD Million)
      • 7.4.2. Asia Pacific Wi-Fi Thermostats Market Revenue, By Product Type, 2015-2025(USD Million)
      • 7.4.3. Asia Pacific Wi-Fi Thermostats Market Revenue, By Application, 2015-2025(USD Million)
      • 7.4.4. China
        • 7.4.4.1. China Wi-Fi Thermostats Market Revenue, by Product Type, 2015-2025(USD Million)
        • 7.4.4.2. China Wi-Fi Thermostats Market Revenue, by Application, 2015-2025(USD Million)
      • 7.4.5. Japan
        • 7.4.5.1. Japan Wi-Fi Thermostats Market Revenue, by Product Type, 2015-2025(USD Million)
        • 7.4.5.2. Japan Wi-Fi Thermostats Market Revenue, by Application, 2015-2025(USD Million)
      • 7.4.6. India
        • 7.4.6.1. India Wi-Fi Thermostats Market Revenue, by Product Type, 2015-2025(USD Million)
        • 7.4.6.2. India Wi-Fi Thermostats Market Revenue, by Application, 2015-2025(USD Million)
      • 7.4.7. Rest of Asia Pacific
        • 7.4.7.1. Rest of Asia Pacific Wi-Fi Thermostats Market Revenue, by Product Type, 2015-2025(USD Million)
        • 7.4.7.2. Rest of Asia Pacific Wi-Fi Thermostats Market Revenue, by Application, 2015-2025(USD Million)
    • 7.5. Latin America
      • 7.5.1. Latin America Wi-Fi Thermostats Market Revenue 2015-2025(USD Million)
      • 7.5.2. Latin America Wi-Fi Thermostats Market Revenue, By Product Type, 2015-2025(USD Million)
      • 7.5.3. Latin America Wi-Fi Thermostats Market Revenue, By Application, 2015-2025(USD Million)
      • 7.5.4. Brazil
        • 7.5.4.1. Brazil Wi-Fi Thermostats Market Revenue, by Product Type, 2015-2025(USD Million)
        • 7.5.4.2. Brazil Wi-Fi Thermostats Market Revenue, by Application, 2015-2025(USD Million)
      • 7.5.5. Rest of Latin America
        • 7.5.5.1. Rest of Latin America Wi-Fi Thermostats Market Revenue, by Product Type, 2015-2025(USD Million)
        • 7.5.5.2. Rest of Latin America Wi-Fi Thermostats Market Revenue, by Application, 2015-2025(USD Million)
    • 7.6. Middle East & Africa
      • 7.6.1. Middle East & Africa Wi-Fi Thermostats Market Revenue 2015-2025(USD Million)
      • 7.6.2. Middle East & Africa Wi-Fi Thermostats Market Revenue, by Product Type, 2015-2025(USD Million)
      • 7.6.3. Middle East & Africa Wi-Fi Thermostats Market Revenue, by Application, 2015-2025(USD Million)
  • Chapter 8. Company Profiles
    • 8.1. Honeywell international
      • 8.1.1. Overview
      • 8.1.2. Financials
      • 8.1.3. Product Portfolio
      • 8.1.4. Business strategy
      • 8.1.5. Recent developments
    • 8.2. Nortek, Inc.
      • 8.2.1. Overview
      • 8.2.2. Financials
      • 8.2.3. Product Portfolio
      • 8.2.4. Business strategy
      • 8.2.5. Recent developments
    • 8.3. Tado
      • 8.3.1. Overview
      • 8.3.2. Financials
      • 8.3.3. Product Portfolio
      • 8.3.4. Business strategy
      • 8.3.5. Recent developments
    • 8.4. Nest Labs
      • 8.4.1. Overview
      • 8.4.2. Financials
      • 8.4.3. Product Portfolio
      • 8.4.4. Business strategy
      • 8.4.5. Recent developments
    • 8.5. Emerson Electric Co.
      • 8.5.1. Overview
      • 8.5.2. Financials
      • 8.5.3. Product Portfolio
      • 8.5.4. Business strategy
      • 8.5.5. Recent developments
    • 8.6. Carrier Corp.
      • 8.6.1. Overview
      • 8.6.2. Financials
      • 8.6.3. Product Portfolio
      • 8.6.4. Business strategy
      • 8.6.5. Recent developments
    • 8.7. Schneider Electric SE
      • 8.7.1. Overview
      • 8.7.2. Financials
      • 8.7.3. Product Portfolio
      • 8.7.4. Business strategy
      • 8.7.5. Recent developments

List of Figures 

1. Global Wi-Fi Thermostats Market Segmentation by Product Type, Application, and Geography
2. Global Wi-Fi Thermostats Market, 2015-2025 (USD Million)
3. Porter’s Five Forces Analysis: Wi-Fi Thermostats Market
4. Global Wi-Fi Thermostats Market Attractiveness, by Product Type
5. Global Wi-Fi Thermostats Market Attractiveness, by Application
6. Global Wi-Fi Thermostats Market Attractiveness, by Regional
7. Global Wi-Fi Thermostats Market Revenue Share, by Product Type, 2018 & 2025 (USD Million)
8. Global Wi-Fi Thermostats Market by Connected smart thermostats, 2015-2025(USD Million)
9. Global Wi-Fi Thermostats Market by Standalone smart thermostats, 2015-2025(USD Million)
10. Global Wi-Fi Thermostats Market by Learning smart thermostats, 2015-2025(USD Million)
11. Global Wi-Fi Thermostats Market Revenue Share, by Application, 2018 & 2025 (USD Million)
12. Global Wi-Fi Thermostats Market by Residential, 2015-2025(USD Million)
13. Global Wi-Fi Thermostats Market by Commercial, 2015-2025(USD Million)
14. Global Wi-Fi Thermostats Market by Industrial, 2015-2025(USD Million)
15. Global Wi-Fi Thermostats Market Revenue Share, by Region, 2019-2026 (USD Million)
16.  North America Wi-Fi Thermostats Market, 2015-2025, (USD Million)
17.  Europe Wi-Fi Thermostats Market, 2015-2025, (USD Million)
18.  Asia Pacific Wi-Fi Thermostats Market, 2015-2025(USD Million)
19.  Latin America Wi-Fi Thermostats Market, 2015-2025(USD Million)
20.  Middle East & Africa Wi-Fi Thermostats Market, 2015 – 2025, (USD Million)


List of Tables

1. Global Wi-Fi Thermostats Market snapshot
2. Drivers for Wi-Fi Thermostats Market: Impact analysis
3. Restraints of Wi-Fi Thermostats Market: Impact analysis
4. North America Wi-Fi Thermostats Market Revenue, By Product Type, 2015-2025(USD Million) 
5. North America Wi-Fi Thermostats Market Revenue, By Application, 2015-2025(USD Million)
6. U.S. Wi-Fi Thermostats Market Revenue, By Product Type, 2015-2025(USD Million) 
7. U.S. Wi-Fi Thermostats Market Revenue, By Application, 2015-2025(USD Million)
8. Rest of North America Wi-Fi Thermostats Market Revenue, By Product Type, 2015-2025(USD Million) 
9. Rest of North America Wi-Fi Thermostats Market Revenue, By Application, 2015-2025(USD Million)
10. Europe Wi-Fi Thermostats Market Revenue, By Product Type, 2015-2025(USD Million) 
11. Europe Wi-Fi Thermostats Market Revenue, By Application, 2015-2025(USD Million)
12. UK Wi-Fi Thermostats Market Revenue, By Product Type, 2015-2025(USD Million) 
13. UK Wi-Fi Thermostats Market Revenue, By Application, 2015-2025(USD Million)
14. France Wi-Fi Thermostats Market Revenue, By Product Type, 2015-2025(USD Million) 
15. France Wi-Fi Thermostats Market Revenue, By Application, 2015-2025(USD Million)
16. Germany Wi-Fi Thermostats Market Revenue, By Product Type, 2015-2025(USD Million) 
17. Germany Wi-Fi Thermostats Market Revenue, By Application, 2015-2025(USD Million)
18. Rest of Europe Wi-Fi Thermostats Market Revenue, By Product Type, 2015-2025(USD Million) 
19. Rest of Europe Wi-Fi Thermostats Market Revenue, By Application, 2015-2025(USD Million)
20. Asia Pacific Wi-Fi Thermostats Market Revenue, By Product Type, 2015-2025(USD Million) 
21. Asia Pacific Wi-Fi Thermostats Market Revenue, By Application, 2015-2025(USD Million)
22. China Wi-Fi Thermostats Market Revenue, By Product Type, 2015-2025(USD Million) 
23. China Wi-Fi Thermostats Market Revenue, By Application, 2015-2025(USD Million)
24. Japan Wi-Fi Thermostats Market Revenue, By Product Type, 2015-2025(USD Million) 
25. Japan Wi-Fi Thermostats Market Revenue, By Application, 2015-2025(USD Million)
26. India Wi-Fi Thermostats Market Revenue, By Product Type, 2015-2025(USD Million) 
27. India Wi-Fi Thermostats Market Revenue, By Application, 2015-2025(USD Million)
28. Rest of Asia Pacific Wi-Fi Thermostats Market Revenue, By Product Type, 2015-2025(USD Million) 
29. Rest of Asia Pacific Wi-Fi Thermostats Market Revenue, By Application, 2015-2025(USD Million)
30. Latin America Wi-Fi Thermostats Market Revenue, By Product Type, 2015-2025(USD Million) 
31. Latin America Wi-Fi Thermostats Market Revenue, By Application, 2015-2025(USD Million)
32. Brazil Wi-Fi Thermostats Market Revenue, By Product Type, 2015-2025(USD Million) 
33. Brazil Wi-Fi Thermostats Market Revenue, By Application, 2015-2025(USD Million)
34. Rest of Latin America Wi-Fi Thermostats Market Revenue, By Product Type, 2015-2025(USD Million) 
35. Rest of Latin America Wi-Fi Thermostats Market Revenue, By Application, 2015-2025(USD Million)
36. Middle East & Africa Wi-Fi Thermostats Market Revenue, By Product Type, 2015-2025(USD Million) 
37. Middle East & Africa Wi-Fi Thermostats Market Revenue, By Application, 2015-2025(USD Million)

 

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