Global Smart Thermostat Market Size, Share, Growth, Trends and Forecast 2022 by Technology, Application and Components
OrbisResearch.com has published new research report on “Global Smart Thermostat Market Research Report and Forecast to 2017-2022” to its database.
Dallas, United States – October 13, 2017 /MarketersMedia/ —
The report by Azoth Analytics titled “Global Smart Thermostat Market Analysis By Technology (Wired, Wireless WiFi, ZigBee, Others), Application, Components, By Region, By Country: Opportunities and Forecast (20122022)” estimates that the market of smart thermostats has witnessed tremendous growth of ~ 20% globally in the period 20122017 and amounted to USD 1.36 billion in the year 2017.
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A comprehensive research report created through extensive primary research (inputs from industry experts, companies, stakeholders) and secondary research, the report aims to present the analysis of Global Smart Thermostat Market By Technology (Wired, Wireless WiFi, ZigBee, Others), Application (Residential, Commercial, Others), Components (Temperature sensor, Humidity sensor, Power management, Others), By Region (North America, Europe, APAC and ROW) and By Country (U.S., Canada, Germany, France, U.K., China, Japan and UAE).
Rising government regulation and IoT expansion has increased the demand of smart thermostat; however, there are certain challenges that will need to be addressed, including the high cost of smart thermostat and lack of communication networking. Further, advancement in technologies and new inbuilt sensors will going to boost the global market in the forecast period. In the recent years, many leading manufacturing companies are dedicated in developing the smart thermostat technologies, with the major focus on to reduce the cost and improving smart device integration. The Wireless ZigBee and ZWave standards has also been started to further simplify the failure in the network system due to increasing complexity. Apart from using the smart thermostats in residential buildings, many manufacturing, mining and chemical industries have also raised the demand for smart thermostats for the automated temperature control.
According to Azoth Analytics research report “Global Smart Thermostat Market Analysis By Technology (Wired, Wireless WiFi, ZigBee, Others), Application, Components, By Region, By Country: Opportunities and Forecast (20122022)”, the global market is projected to display even higher growth represented by a CAGR of 35.29% during 2017 – 2022. The market will chiefly driven by increase in urbanization and rising carbon emission, growing internet users and smartphone penetration, government regulations to use energy saving devices and growing advancements in the thermostat technology. The wireless segment is rising at a higher rate due its advanced control through apps from any location, thereby gradually taking over the entire wired network. Among the regions, North America accounts for the largest regional share in the total smart thermostat market in 2016 while Asia Pacific region is predicted to advance at the highest rate, mainly driven by the growing economies in China, India with the growth in urban population, emerging industries and new smart infrastructure built and technological improvement in Singapore, South Korea, Vietnam, etc.
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The report has covered and analysed the potential of Global Smart Thermostat Market and provides statistics and information on market size, shares and growth factors. The report intends to provide cuttingedge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the global smart thermostat market. Additionally, the report also highlights market entry strategies for various companies across the globe.
Scope of the Report
Global Market (Actual Period: 20122016, Forecast Period: 20172022)
Smart Thermostat Market
By Application Residential, Commercial, Others
By Components Temperature sensor, Humidity sensor, Power management, Others
Regional Markets – North America, Europe, APAC, and RoW (Actual Period: 20122016, Forecast Period: 20172022)
Smart Thermostat Market
By Application Residential, Commercial, Others
By Components Temperature sensor, Humidity sensor, Power management, Others
Country Analysis US, Canada, Germany, France, U.K., China, Japan and U.A.E. (Actual Period: 20122016, Forecast Period: 20172022)
Smart Thermostat Market Smart Thermostat Market
By Application Residential, Commercial, Others
By Components Temperature sensor, Humidity sensor, Power management, Others
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Other Report Highlights
Market Dynamics – Trends, Drivers, Challenges
Porter’s Five Forces Analysis
SWOT Analysis
Competitive Landscape
Pricing Analysis
Product Benchmarking of Key Industry Players Manufacturing Smart Thermostat, By Technology
Product Benchmarking of Key Industry Players Manufacturing Smart Thermostat, By Application
Policy and Regulatory Landscape
Company Analysis Honeywell Inc., Nest, Ecobee, Quby, Tado, Carrier, Emerson Inc., Schneider Electric, Ingersoll Land Plc
Customization of the Report
The report could be customized according to the client’s specific research requirements. No additional cost will be required to pay for limited additional research.
Major Points From The Table Of Contents:
Research Methodology
Executive Summary
Strategic Recommendation
Smart Thermostat Outlook
Global Smart Thermostat Market: Growth and Forecast
Global Smart Thermostat Market- Segment Breakdown
Global Smart Thermostats Market: Regional Analysis
North America Smart Thermostat Market: An Analysis
Europe Smart Thermostat Market: An Analysis
APAC Smart Thermostat Market: An Analysis
RoW Smart Thermostat Market: An Analysis
Market Dynamics 12.1. Global Smart Thermostat Market Growth Drivers
Market Trends
Porter’s Five Forces Analysis –Smart Thermostat Market
SWOT Analysis –Smart Thermostat Market
Competitive Landscape 16.1. Pricing Analysis
Policy and Regulatory Landscape
Company Profiles
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