Smart Thermostats Market Trends 2021 | Segmentation, Outlook, Industry Report to 2027

The Smart Thermostats Market size is expected to grow at an annual average of 27% during 2021-2027. A smart thermostat is a device designed to automatically control the ambient temperature and air conditioning. These smart devices give users the advantage of using a schedule to control the temperature throughout the day. Smart thermostats also integrate with smart network technologies such as sensors and Wi-Fi to provide remote access to internet-connected devices. Smart thermostats are used in smart infrastructure to control smart appliances such as window AC, split AC, portable AC, heaters, radiators and boilers.

The following segmentation are covered in this report:

By Application

• Air Conditioning
• Heating
• Ventilation

By End User

• Residential
• Commercial
• Industrial
• Others

By Technology

• Wi-Fi
• Bluetooth
• Zigbee
• Others

Company Profile

• Alphabet Inc. (Nest Labs)
• Ecobee
• Emerson Electric Co.
• Honeywell International Inc.
• Johnson Controls
• Netatmo
• Schneider Electric
• Siemens AG
• Tado
• Zen Thermostat

Scope of the report

The research study analyses the Smart Thermostats Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent developments

• Market overview and growth analysis
• Import and export overview
• Volume analysis
• Current market trends and future outlook
• Market opportunistic and attractive investment segment

Geographic coverage

• North america market size and/or volume
• Latin america market size and/or volume
• Europe market size and/or volume
• Asia-pacific market size and/or volume
• Rest of the world market size and/or volume

Key Questions Answered by Smart Thermostats Market Report

• What was the Smart Thermostats Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027)
• What will be the CAGR of Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
• Which manufacturer/vendor/players in the Smart Thermostats Market was the market leader in 2020?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.