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Global Smart Thermostat Market 2020-2030 by Component, Product, Technology, Application, End User, and Region: Trend Outlook and Growth Opportunity

  • Report Code : 342098
  • Industry : Consumer Goods and Retail
  • Published On : Feb 2020
  • Pages : 154
  • Publisher : Grace Market Data
  • Format: WMR PPT FormatWMR PDF Format

Global smart thermostat market is expected to grow by 20.5% annually in the forecast period and reach $9.42 billion by 2030. Highlighted with 79 tables and 80 figures, this 154-page report "Global Smart Thermostat Market 2020-2030 by Component, Product, Technology, Application, End User, and Region: Trend Outlook and Growth Opportunity" is based on a comprehensive research of the entire global smart thermostat market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. In this report 2019 is the base year for market analysis, with estimates and forecast covering 2020-2030. (Please Note: The report will be updated before delivery to make sure that the latest historical year is the base year and the forecast covers at least 5 years over the base year.) In-depth qualitative analyses include identification and investigation of the following aspects: • Market Structure • Growth Drivers • Restraints and Challenges • Emerging Product Trends & Market Opportunities • Porter's Fiver Forces The trend and outlook of global market is forecast in optimistic, balanced, and conservative view. The balanced (most likely) projection is used to quantify global smart thermostat market in every aspect of the classification from perspectives of Component, Product, Technology, Application, End User, and Region. Based on Component, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each section. • Display • Temperature Sensor • Humidity Sensor • Motion Sensor • Other Components Based on Product, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each section. • Standalone Thermostats • Network Thermostats • Learning Thermostats Based on Technology, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each section. Wired Technology Wireless Technology • Wi-Fi • ZigBee • Near-field Communications • Bluetooth • Other Wireless Technologies Based on Application, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each section. • Heating Equipment • Cooling Equipment Based on End User, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each section. • Industrial • Commercial • Residential • Public Infrastructure Geographically, the following regions together with the listed national/local markets are fully investigated: • APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka) • Europe (Germany, UK, France, Italy, Spain, Rest of Europe; Rest of Europe is further segmented into Russia, The Netherlands, Denmark, Austria, Norway, Sweden, Poland, Czech Republic, Slovakia, Hungary, and Romania) • North America (U.S. and Canada) • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) • RoW (Saudi Arabia, UAE, South Africa) For each of the aforementioned regions and countries, market analysis and revenue data are available for 2019-2030. The breakdown of all regional markets by country and split of major national markets by Component, Technology, and End User over the study years (2019-2030) are also included. The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players. Specifically, potential risks associated with investing in global smart thermostat market are assayed quantitatively and qualitatively through GMD's Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders identify emerging opportunities, manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions. Key Players (this may not be a complete list and extra companies can be added upon request): Carrier Corporation ecobee Emerson Hive Honeywell Johnson Controls Lux Nest Labs Netatmo Nortek, Inc. Schneider Electric SE Tado (Please Note: The report will be updated before delivery to make sure that the latest historical year is the base year and the forecast covers at least 5 years over the base year.) 

1 Introduction	8
1.1 Industry Definition and Research Scope	8
1.1.1 Industry Definition	8
1.1.2 Research Scope	9
1.2 Research Methodology	11
1.2.1 Overview of Market Research Methodology	11
1.2.2 Market Assumption	12
1.2.3 Secondary Data	12
1.2.4 Primary Data	12
1.2.5 Data Filtration and Model Design	13
1.2.6 Market Size/Share Estimation	14
1.2.7 Research Limitations	15
1.3 Executive Summary	16
2 Market Overview and Dynamics	18
2.1 Market Size and Forecast	18
2.2 Major Growth Drivers	20
2.3 Market Restraints and Challenges	23
2.4 Emerging Opportunities and Market Trends	26
2.5 Porter's Fiver Forces Analysis	29
3 Segmentation of Global Market by Component	33
3.1 Market Overview by Component	33
3.2 Display	35
3.3 Temperature Sensor	36
3.4 Humidity Sensor	37
3.5 Motion Sensor	38
3.6 Other Components	39
4 Segmentation of Global Market by Product	40
4.1 Market Overview by Product	40
4.2 Standalone Thermostats	42
4.3 Network Thermostats	43
4.4 Learning Thermostats	44
5 Segmentation of Global Market by Technology	46
5.1 Market Overview by Technology	46
5.2 Wired Technology	48
5.3 Wireless Technology	49
5.3.1 Wi-Fi	51
5.3.2 ZigBee	52
5.3.3 Near-field Communications	53
5.3.4 Bluetooth	54
5.3.5 Other Wireless Technologies	55
6 Segmentation of Global Market by Application	56
6.1 Market Overview by Application	56
6.2 Heating Equipment	58
6.3 Cooling Equipment	59
7 Segmentation of Global Market by End User	60
7.1 Market Overview by End User	60
7.2 Industrial	62
7.3 Commercial	63
7.4 Residential	64
7.5 Public Infrastructure	65
8 Segmentation of Global Market by Region	66
8.1 Geographic Market Overview 2019-2030	66
8.2 North America Market 2019-2030 by Country	70
8.2.1 Overview of North America Market	70
8.2.2 U.S. Market	73
8.2.3 Canadian Market	77
8.3 European Market 2019-2030 by Country	79
8.3.1 Overview of European Market	79
8.3.2 Germany	82
8.3.3 UK	84
8.3.4 France	86
8.3.5 Spain	88
8.3.6 Italy	90
8.3.7 Rest of European Market	92
8.4 Asia-Pacific Market 2019-2030 by Country	94
8.4.1 Overview of Asia-Pacific Market	94
8.4.2 Japan	97
8.4.3 China	100
8.4.4 Australia	102
8.4.5 India	104
8.4.6 South Korea	106
8.4.7 Rest of APAC Region	108
8.5 Latin America Market 2019-2030 by Country	110
8.5.1 Argentina	113
8.5.2 Brazil	115
8.5.3 Mexico	117
8.5.4 Rest of Latin America Market	119
8.6 Rest of World Market 2019-2030 by Country	120
8.6.1 UAE	123
8.6.2 Saudi Arabia	125
8.6.3 South Africa	127
8.6.4 Other National Markets	129
9 Competitive Landscape	130
9.1 Overview of Key Vendors	130
9.2 New Product Launch, Partnership, Investment, and M&A	134
9.3 Company Profiles	135
Carrier Corporation	135
ecobee	137
Emerson	138
Hive	139
Honeywell	140
Johnson Controls	141
Lux	142
Nest Labs	143
Netatmo	144
Nortek, Inc.	145
Schneider Electric SE	146
Tado	147
10 Investing in Global Market: Risk Assessment and Management	148
10.1 Risk Evaluation of Global Market	148
10.2 Critical Success Factors (CSFs)	151
Related Reports and Products	154

Table 1.  Snapshot of Global Smart Thermostat Market, 2019-2030	17
Table 2.  Main Product Trends and Market Opportunities in Global Smart Thermostat Market	26
Table 3. Global Smart Thermostat Market by Component, 2019-2030, $ mn	33
Table 4. Global Smart Thermostat Market by Product, 2019-2030, $ mn	40
Table 5. Global Smart Thermostat Market by Technology, 2019-2030, $ mn	46
Table 6. Global Smart Thermostat Market: Wireless Technology by Type, 2019-2030, $ mn	50
Table 7. Global Smart Thermostat Market by Application, 2019-2030, $ mn	56
Table 8. Global Smart Thermostat Market by End User, 2019-2030, $ mn	60
Table 9. Global Smart Thermostat Market by Region, 2019-2030, $ mn	67
Table 10.  Leading National Smart Thermostat Market, 2019 and 2030, $ mn	69
Table 11. North America Smart Thermostat Market by Country, 2019-2030, $ mn	72
Table 12. U.S. Smart Thermostat Market by Component, 2019-2030, $ mn	75
Table 13. U.S. Smart Thermostat Market by Technology, 2019-2030, $ mn	75
Table 14. U.S. Smart Thermostat Market by End User, 2019-2030, $ mn	75
Table 15. Canada Smart Thermostat Market by Component, 2019-2030, $ mn	78
Table 16. Canada Smart Thermostat Market by Technology, 2019-2030, $ mn	78
Table 17. Canada Smart Thermostat Market by End User, 2019-2030, $ mn	78
Table 18. Europe Smart Thermostat Market by Country, 2019-2030, $ mn	81
Table 19. Germany Smart Thermostat Market by Component, 2019-2030, $ mn	83
Table 20. Germany Smart Thermostat Market by Technology, 2019-2030, $ mn	83
Table 21. Germany Smart Thermostat Market by End User, 2019-2030, $ mn	83
Table 22. UK Smart Thermostat Market by Component, 2019-2030, $ mn	85
Table 23. UK Smart Thermostat Market by Technology, 2019-2030, $ mn	85
Table 24. UK Smart Thermostat Market by End User, 2019-2030, $ mn	85
Table 25. France Smart Thermostat Market by Component, 2019-2030, $ mn	87
Table 26. France Smart Thermostat Market by Technology, 2019-2030, $ mn	87
Table 27. France Smart Thermostat Market by End User, 2019-2030, $ mn	87
Table 28. Spain Smart Thermostat Market by Component, 2019-2030, $ mn	89
Table 29. Spain Smart Thermostat Market by Technology, 2019-2030, $ mn	89
Table 30. Spain Smart Thermostat Market by End User, 2019-2030, $ mn	89
Table 31. Italy Smart Thermostat Market by Component, 2019-2030, $ mn	91
Table 32. Italy Smart Thermostat Market by Technology, 2019-2030, $ mn	91
Table 33. Italy Smart Thermostat Market by End User, 2019-2030, $ mn	91
Table 34. Smart Thermostat Market in Rest of Europe by Country, 2019-2030, $ mn	93
Table 35. APAC Smart Thermostat Market by Country, 2019-2030, $ mn	96
Table 36. Japan Smart Thermostat Market by Component, 2019-2030, $ mn	99
Table 37. Japan Smart Thermostat Market by Technology, 2019-2030, $ mn	99
Table 38. Japan Smart Thermostat Market by End User, 2019-2030, $ mn	99
Table 39. China Smart Thermostat Market by Component, 2019-2030, $ mn	101
Table 40. China Smart Thermostat Market by Technology, 2019-2030, $ mn	101
Table 41. China Smart Thermostat Market by End User, 2019-2030, $ mn	101
Table 42. Australia Smart Thermostat Market by Component, 2019-2030, $ mn	103
Table 43. Australia Smart Thermostat Market by Technology, 2019-2030, $ mn	103
Table 44. Australia Smart Thermostat Market by End User, 2019-2030, $ mn	103
Table 45. India Smart Thermostat Market by Component, 2019-2030, $ mn	105
Table 46. India Smart Thermostat Market by Technology, 2019-2030, $ mn	105
Table 47. India Smart Thermostat Market by End User, 2019-2030, $ mn	105
Table 48. South Korea Smart Thermostat Market by Component, 2019-2030, $ mn	107
Table 49. South Korea Smart Thermostat Market by Technology, 2019-2030, $ mn	107
Table 50. South Korea Smart Thermostat Market by End User, 2019-2030, $ mn	107
Table 51. Smart Thermostat Market in Rest of APAC by Country, 2019-2030, $ mn	109
Table 52. Latin America Smart Thermostat Market by Country, 2019-2030, $ mn	112
Table 53. Argentina Smart Thermostat Market by Component, 2019-2030, $ mn	114
Table 54. Argentina Smart Thermostat Market by Technology, 2019-2030, $ mn	114
Table 55. Argentina Smart Thermostat Market by End User, 2019-2030, $ mn	114
Table 56. Brazil Smart Thermostat Market by Component, 2019-2030, $ mn	116
Table 57. Brazil Smart Thermostat Market by Technology, 2019-2030, $ mn	116
Table 58. Brazil Smart Thermostat Market by End User, 2019-2030, $ mn	116
Table 59. Mexico Smart Thermostat Market by Component, 2019-2030, $ mn	118
Table 60. Mexico Smart Thermostat Market by Technology, 2019-2030, $ mn	118
Table 61. Mexico Smart Thermostat Market by End User, 2019-2030, $ mn	118
Table 62. RoW Smart Thermostat Market by Country, 2019-2030, $ mn	122
Table 63. UAE Smart Thermostat Market by Component, 2019-2030, $ mn	124
Table 64. UAE Smart Thermostat Market by Technology, 2019-2030, $ mn	124
Table 65. UAE Smart Thermostat Market by End User, 2019-2030, $ mn	124
Table 66. Saudi Arabia Smart Thermostat Market by Component, 2019-2030, $ mn	126
Table 67. Saudi Arabia Thermostat Market by Technology, 2019-2030, $ mn	126
Table 68. Saudi Arabia Smart Thermostat Market by End User, 2019-2030, $ mn	126
Table 69. South Africa Smart Thermostat Market by Component, 2019-2030, $ mn	128
Table 70. South Africa Smart Thermostat Market by Technology, 2019-2030, $ mn	128
Table 71. South Africa Smart Thermostat Market by End User, 2019-2030, $ mn	128
Table 72. Breakdown of Global Market by Key Vendor, 2019, %	132
Table 73. Carrier Corporation: Company Snapshot	135
Table 74. Carrier Corporation: Business Segmentation	135
Table 75. Carrier Corporation: Product Portfolio	136
Table 76. Carrier Corporation: Revenue, 2016-2018, $ mn	136
Table 77. Carrier Corporation: Recent Developments	136
Table 78.  Risk Evaluation for Investing in Global Market, 2019-2030	149
Table 79. Critical Success Factors and Key Takeaways	152


Figure 1.  Research Method Flow Chart	11
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation	14
Figure 3. Global Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2019-2030	16
Figure 4. Global Smart Thermostat Market, 2019-2030, $ mn	18
Figure 5. Global Smart Thermostat Market by Volume, 2019-2030, million units	19
Figure 6. Average Selling Price of Smart Thermostats, 2019-2030, USD/unit	19
Figure 7. Primary Drivers and Impact Factors of Global Smart Thermostat Market	20
Figure 8. Primary Restraints and Impact Factors of Global Smart Thermostat Market	23
Figure 9. Porter's Fiver Forces Analysis of Global Smart Thermostat Market	29
Figure 10. Breakdown of Global Smart Thermostat Market by Component, 2019-2030, % of Revenue	33
Figure 11. Contribution to Global 2020-2030 Cumulative Revenue by Component, Value ($ mn) and Share (%)	34
Figure 12. Global Smart Thermostat Market: Display, 2019-2030, $ mn	35
Figure 13. Global Smart Thermostat Market: Temperature Sensor, 2019-2030, $ mn	36
Figure 14. Global Smart Thermostat Market: Humidity Sensor, 2019-2030, $ mn	37
Figure 15. Global Smart Thermostat Market: Motion Sensor, 2019-2030, $ mn	38
Figure 16. Global Smart Thermostat Market: Other Components, 2019-2030, $ mn	39
Figure 17. Breakdown of Global Smart Thermostat Market by Product, 2019-2030, % of Revenue	40
Figure 18. Contribution to Global 2020-2030 Cumulative Revenue by Product, Value ($ mn) and Share (%)	41
Figure 19. Global Smart Thermostat Market: Standalone Thermostats, 2019-2030, $ mn	42
Figure 20. Global Smart Thermostat Market: Network Thermostats, 2019-2030, $ mn	43
Figure 21. Global Smart Thermostat Market: Learning Thermostats, 2019-2030, $ mn	44
Figure 22. Breakdown of Global Smart Thermostat Market by Technology, 2019-2030, % of Revenue	46
Figure 23. Contribution to Global 2020-2030 Cumulative Revenue by Technology, Value ($ mn) and Share (%)	47
Figure 24. Global Smart Thermostat Market: Wired Technology, 2019-2030, $ mn	48
Figure 25. Global Smart Thermostat Market: Wireless Technology, 2019-2030, $ mn	49
Figure 26. Global Smart Thermostat Market: Wi-Fi, 2019-2030, $ mn	51
Figure 27. Global Smart Thermostat Market: ZigBee, 2019-2030, $ mn	52
Figure 28. Global Smart Thermostat Market: Near-field Communications, 2019-2030, $ mn	53
Figure 29. Global Smart Thermostat Market: Bluetooth, 2019-2030, $ mn	54
Figure 30. Global Smart Thermostat Market: Other Wireless Technologies, 2019-2030, $ mn	55
Figure 31. Breakdown of Global Smart Thermostat Market by Application, 2019-2030, % of Revenue	56
Figure 32. Contribution to Global 2020-2030 Cumulative Revenue by Application, Value ($ mn) and Share (%)	57
Figure 33. Global Smart Thermostat Market: Heating Equipment, 2019-2030, $ mn	58
Figure 34. Global Smart Thermostat Market: Cooling Equipment, 2019-2030, $ mn	59
Figure 35. Breakdown of Global Smart Thermostat Market by End User, 2019-2030, % of Revenue	60
Figure 36. Contribution to Global 2020-2030 Cumulative Revenue by End User, Value ($ mn) and Share (%)	61
Figure 37. Global Smart Thermostat Market: Industrial, 2019-2030, $ mn	62
Figure 38. Global Smart Thermostat Market: Commercial, 2019-2030, $ mn	63
Figure 39. Global Smart Thermostat Market: Residential, 2019-2030, $ mn	64
Figure 40. Global Smart Thermostat Market: Public Infrastructure, 2019-2030, $ mn	65
Figure 41.  Global Market Snapshot by Region	66
Figure 42.  Geographic Spread of Worldwide Smart Thermostat Market, 2019-2030, % of Revenue	67
Figure 43. Contribution to Global 2020-2030 Cumulative Revenue by Region, Value ($ mn) and Share (%)	68
Figure 44.  North American Smart Thermostat Market, 2019-2030, $ mn	71
Figure 45. Breakdown of North America Smart Thermostat Market by Country, 2019 and 2030, % of Revenue	71
Figure 46. Contribution to North America 2020-2030 Cumulative Revenue by Country, Value ($ mn) and Share (%)	72
Figure 47. U.S. Smart Thermostat Market, 2019-2030, $ mn	74
Figure 48. Canada Smart Thermostat Market, 2019-2030, $ mn	77
Figure 49.  European Smart Thermostat Market, 2019-2030, $ mn	80
Figure 50. Breakdown of European Smart Thermostat Market by Country, 2019 and 2030, % of Revenue	80
Figure 51. Contribution to Europe 2020-2030 Cumulative Revenue by Country, Value ($ mn) and Share (%)	81
Figure 52.  Smart Thermostat Market in Germany, 2019-2030, $ mn	82
Figure 53.  Smart Thermostat Market in UK, 2019-2030, $ mn	84
Figure 54.  Smart Thermostat Market in France, 2019-2030, $ mn	86
Figure 55.  Smart Thermostat Market in Spain, 2019-2030, $ mn	88
Figure 56.  Smart Thermostat Market in Italy, 2019-2030, $ mn	90
Figure 57.  Smart Thermostat Market in Rest of Europe, 2019-2030, $ mn	92
Figure 58. Asia-Pacific Smart Thermostat Market, 2019-2030, $ mn	95
Figure 59. Breakdown of APAC Smart Thermostat Market by Country, 2019 and 2030, % of Revenue	95
Figure 60. Contribution to APAC 2020-2030 Cumulative Revenue by Country, Value ($ mn) and Share (%)	96
Figure 61.  Smart Thermostat Market in Japan, 2019-2030, $ mn	98
Figure 62.  Smart Thermostat Market in China, 2019-2030, $ mn	100
Figure 63.  Smart Thermostat Market in Australia, 2019-2030, $ mn	102
Figure 64.  Smart Thermostat Market in India, 2019-2030, $ mn	104
Figure 65.  Smart Thermostat Market in South Korea, 2019-2030, $ mn	106
Figure 66.  Smart Thermostat Market in Rest of APAC, 2019-2030, $ mn	108
Figure 67. Latin America Smart Thermostat Market, 2019-2030, $ mn	111
Figure 68. Breakdown of Latin America Smart Thermostat Market by Country, 2019 and 2030, % of Revenue	111
Figure 69. Contribution to Latin America 2020-2030 Cumulative Revenue by Country, Value ($ mn) and Share (%)	112
Figure 70.  Smart Thermostat Market in Argentina, 2019-2030, $ mn	113
Figure 71.  Smart Thermostat Market in Brazil, 2019-2030, $ mn	115
Figure 72.  Smart Thermostat Market in Mexico, 2019-2030, $ mn	117
Figure 73.  Smart Thermostat Market in Rest of Latin America, 2019-2030, $ mn	119
Figure 74. Smart Thermostat Market in Rest of the World (RoW), 2019-2030, $ mn	121
Figure 75. Breakdown of RoW Smart Thermostat Market by Country, 2019 and 2030, % of Revenue	121
Figure 76. Contribution to RoW 2020-2030 Cumulative Revenue by Country, Value ($ mn) and Share (%)	122
Figure 77.  Smart Thermostat Market in UAE, 2019-2030, $ mn	123
Figure 78.  Smart Thermostat Market in Saudi Arabia, 2019-2030, $ mn	125
Figure 79.  Smart Thermostat Market in South Africa, 2019-2030, $ mn	127
Figure 80. Growth Stage of Global Smart Thermostat Industry over the Forecast Period	130
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