Global Smart Thermostats Market 2017-2021

Global Smart Thermostats Market 2017-2021

  • September 2017 •
  • 72 pages •
  • Report ID: 2039456
About Smart Thermostats

Smart thermostats are devices that are connected to home automation systems and are used to regulate the temperature within an enclosed area. Smart thermostats combine software, sensors, Wi-Fi connectivity, algorithms, and user-friendly interfaces to aid in conserving energy and energy costs. These thermostats are used in both commercial and residential settings. Users use mobile apps to regulate the settings on the smart thermostats remotely. Smart thermostats are also programmed to self-learn the pattern of activities of the end-user.

Technavio’s analysts forecast the global smart thermostats market to grow at a CAGR of 19.00% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global smart thermostats market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
• North America
• Europe

Technavio’s report, Global Smart Thermostats Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• Carrier
• ecobee
• Emerson
• Honeywell International
• Nest Labs

Other prominent vendors
• Bosch Thermotechnology
• Centrica
• climote
• Computime
• EcoFactor
• GridPoint
• Ingersoll-Rand
• Netatmo
• Quby
• Radio Thermostat Company of America
• Robertshaw Climate
• Schneider Electric
• tado?
• Venstar

Market driver
• Growth in number of HVAC equipment users
• For a full, detailed list, view our report

Market challenge
• High initial prices affect the demand for smart thermostats
• For a full, detailed list, view our report

Market trend
• Limited penetration of smart thermostats in APAC
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?

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