Global Thermostat Market Analysis and Forecast 2024-2030

Global Thermostat Market Analysis and Forecast 2024-2030


A thermostat is a component which senses the temperature of a physical system and performs actions so that the system's temperature is maintained near a desired setpoint. Thermostats are used in any device or system that heats or cools to a setpoint temperature, examples include building heating, central heating, air conditioners, HVAC systems, water heaters, as well as kitchen equipment including ovens and refrigerators and medical and scientific incubators.

According to APO Research, The global Thermostat market is projected to grow from US$ million in 2024 to US$ million by 2030, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.

North America is the largest Thermostat Trainers market with about 47% market share. Europe is follower, accounting for about 28% market share.

The key players are Google Nest, Honeywell, EcoBee, Schneider Electric, Emerson, Carrier, Energate Inc., Tado GmbH, Control4, Netatmo, Hive Home, Trane, Johnston Controls, DANFOSS, Siemens, Saswell, Computime, Shenzhen Topband, HaiLin Energy Technology etc. Top 5 companies occupied about 57% market share.

In terms of production side, this report researches the Thermostat production, growth rate, market share by manufacturers and by region (region level and country level), from 2019 to 2024, and forecast to 2030.

In terms of consumption side, this report focuses on the sales of Thermostat by region (region level and country level), by Company, by Type and by Application. from 2019 to 2024 and forecast to 2030.

This report presents an overview of global market for Thermostat, capacity, output, revenue and price. Analyses of the global market trends, with historic market revenue or sales data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.

This report researches the key producers of Thermostat, also provides the consumption of main regions and countries. Of the upcoming market potential for Thermostat, and key regions or countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.

This report focuses on the Thermostat sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the global Thermostat market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by Type and by Application, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Thermostat sales, projected growth trends, production technology, application and end-user industry.

Descriptive company profiles of the major global players, including Google Nest, Honeywell, EcoBee, Schneider Electric, Emerson, Carrier, Energate Inc., Tado GmbH and Control4, etc.

Thermostat segment by Company

Google Nest
Honeywell
EcoBee
Schneider Electric
Emerson
Carrier
Energate Inc.
Tado GmbH
Control4
Netatmo
Hive Home
Trane
Johnston Controls
DANFOSS
Siemens
Saswell
Computime
Shenzhen Topband
HaiLin Energy Technology

Thermostat segment by Type

Non-Programmable Type
Programmable Type
Smart Type
WiFi Type

Thermostat segment by Application

Business
Industrial
Residential

Thermostat segment by Region

North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

Study Objectives

1. To analyze and research the global status and future forecast, involving, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, capacity, production, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify significant trends, drivers, influence factors in global and regions.
6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Thermostat market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Thermostat and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Thermostat.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by type and by application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Thermostat production/output of global and key producers (regions/countries). It provides a quantitative analysis of the production, and development potential of each producer in the next six years.
Chapter 4: Sales (consumption), revenue of Thermostat in global, regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 5: Detailed analysis of Thermostat manufacturers competitive landscape, price, sales, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 6: Provides the analysis of various market segments by type, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 7: Provides the analysis of various market segments by application, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 8: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Thermostat sales, revenue, price, gross margin, and recent development, etc.
Chapter 9: North America (US & Canada) by type, by application and by country, sales, and revenue for each segment.
Chapter 10: Europe by type, by application and by country, sales, and revenue for each segment.
Chapter 11: China by type, by application, sales, and revenue for each segment.
Chapter 12: Asia (Excluding China) by type, by application and by region, sales, and revenue for each segment.
Chapter 13: Middle East, Africa, Latin America by type, by application and by country, sales, and revenue for each segment.
Chapter 14: Analysis of industrial chain, sales channel, key raw materials, distributors and customers.
Chapter 15: The main concluding insights of the report.
Chapter 15: The main concluding insights of the report.


1 Market Overview
1.1 Product Definition
1.2 Thermostat Market by Type
1.2.1 Global Thermostat Market Size by Type, 2019 VS 2023 VS 2030
1.2.2 Non-Programmable Type
1.2.3 Programmable Type
1.2.4 Smart Type
1.2.5 WiFi Type
1.3 Thermostat Market by Application
1.3.1 Global Thermostat Market Size by Application, 2019 VS 2023 VS 2030
1.3.2 Business
1.3.3 Industrial
1.3.4 Residential
1.4 Assumptions and Limitations
1.5 Study Goals and Objectives
2 Thermostat Market Dynamics
2.1 Thermostat Industry Trends
2.2 Thermostat Industry Drivers
2.3 Thermostat Industry Opportunities and Challenges
2.4 Thermostat Industry Restraints
3 Global Thermostat Production Overview
3.1 Global Thermostat Production Capacity (2019-2030)
3.2 Global Thermostat Production by Region: 2019 VS 2023 VS 2030
3.3 Global Thermostat Production by Region
3.3.1 Global Thermostat Production by Region (2019-2024)
3.3.2 Global Thermostat Production by Region (2025-2030)
3.3.3 Global Thermostat Production Market Share by Region (2019-2030)
3.4 North America
3.5 Europe
3.6 China
3.7 Japan
4 Global Market Growth Prospects
4.1 Global Thermostat Revenue Estimates and Forecasts (2019-2030)
4.2 Global Thermostat Revenue by Region
4.2.1 Global Thermostat Revenue by Region: 2019 VS 2023 VS 2030
4.2.2 Global Thermostat Revenue by Region (2019-2024)
4.2.3 Global Thermostat Revenue by Region (2025-2030)
4.2.4 Global Thermostat Revenue Market Share by Region (2019-2030)
4.3 Global Thermostat Sales Estimates and Forecasts 2019-2030
4.4 Global Thermostat Sales by Region
4.4.1 Global Thermostat Sales by Region: 2019 VS 2023 VS 2030
4.4.2 Global Thermostat Sales by Region (2019-2024)
4.4.3 Global Thermostat Sales by Region (2025-2030)
4.4.4 Global Thermostat Sales Market Share by Region (2019-2030)
4.5 US & Canada
4.6 Europe
4.7 China
4.8 Asia (Excluding China)
4.9 Middle East, Africa and Latin America
5 Market Competitive Landscape by Manufacturers
5.1 Global Thermostat Revenue by Manufacturers
5.1.1 Global Thermostat Revenue by Manufacturers (2019-2024)
5.1.2 Global Thermostat Revenue Market Share by Manufacturers (2019-2024)
5.1.3 Global Thermostat Manufacturers Revenue Share Top 10 and Top 5 in 2023
5.2 Global Thermostat Sales by Manufacturers
5.2.1 Global Thermostat Sales by Manufacturers (2019-2024)
5.2.2 Global Thermostat Sales Market Share by Manufacturers (2019-2024)
5.2.3 Global Thermostat Manufacturers Sales Share Top 10 and Top 5 in 2023
5.3 Global Thermostat Sales Price by Manufacturers (2019-2024)
5.4 Global Thermostat Key Manufacturers Ranking, 2022 VS 2023 VS 2024
5.5 Global Thermostat Key Manufacturers Manufacturing Sites & Headquarters
5.6 Global Thermostat Manufacturers, Product Type & Application
5.7 Global Thermostat Manufacturers Commercialization Time
5.8 Market Competitive Analysis
5.8.1 Global Thermostat Market CR5 and HHI
5.8.2 2023 Thermostat Tier 1, Tier 2, and Tier 3
6 Thermostat Market by Type
6.1 Global Thermostat Revenue by Type
6.1.1 Global Thermostat Revenue by Type (2019 VS 2023 VS 2030)
6.1.2 Global Thermostat Revenue by Type (2019-2030) & (US$ Million)
6.1.3 Global Thermostat Revenue Market Share by Type (2019-2030)
6.2 Global Thermostat Sales by Type
6.2.1 Global Thermostat Sales by Type (2019 VS 2023 VS 2030)
6.2.2 Global Thermostat Sales by Type (2019-2030) & (K Units)
6.2.3 Global Thermostat Sales Market Share by Type (2019-2030)
6.3 Global Thermostat Price by Type
7 Thermostat Market by Application
7.1 Global Thermostat Revenue by Application
7.1.1 Global Thermostat Revenue by Application (2019 VS 2023 VS 2030)
7.1.2 Global Thermostat Revenue by Application (2019-2030) & (US$ Million)
7.1.3 Global Thermostat Revenue Market Share by Application (2019-2030)
7.2 Global Thermostat Sales by Application
7.2.1 Global Thermostat Sales by Application (2019 VS 2023 VS 2030)
7.2.2 Global Thermostat Sales by Application (2019-2030) & (K Units)
7.2.3 Global Thermostat Sales Market Share by Application (2019-2030)
7.3 Global Thermostat Price by Application
8 Company Profiles
8.1 Google Nest
8.1.1 Google Nest Comapny Information
8.1.2 Google Nest Business Overview
8.1.3 Google Nest Thermostat Sales, Revenue, Price and Gross Margin (2019-2024)
8.1.4 Google Nest Thermostat Product Portfolio
8.1.5 Google Nest Recent Developments
8.2 Honeywell
8.2.1 Honeywell Comapny Information
8.2.2 Honeywell Business Overview
8.2.3 Honeywell Thermostat Sales, Revenue, Price and Gross Margin (2019-2024)
8.2.4 Honeywell Thermostat Product Portfolio
8.2.5 Honeywell Recent Developments
8.3 EcoBee
8.3.1 EcoBee Comapny Information
8.3.2 EcoBee Business Overview
8.3.3 EcoBee Thermostat Sales, Revenue, Price and Gross Margin (2019-2024)
8.3.4 EcoBee Thermostat Product Portfolio
8.3.5 EcoBee Recent Developments
8.4 Schneider Electric
8.4.1 Schneider Electric Comapny Information
8.4.2 Schneider Electric Business Overview
8.4.3 Schneider Electric Thermostat Sales, Revenue, Price and Gross Margin (2019-2024)
8.4.4 Schneider Electric Thermostat Product Portfolio
8.4.5 Schneider Electric Recent Developments
8.5 Emerson
8.5.1 Emerson Comapny Information
8.5.2 Emerson Business Overview
8.5.3 Emerson Thermostat Sales, Revenue, Price and Gross Margin (2019-2024)
8.5.4 Emerson Thermostat Product Portfolio
8.5.5 Emerson Recent Developments
8.6 Carrier
8.6.1 Carrier Comapny Information
8.6.2 Carrier Business Overview
8.6.3 Carrier Thermostat Sales, Revenue, Price and Gross Margin (2019-2024)
8.6.4 Carrier Thermostat Product Portfolio
8.6.5 Carrier Recent Developments
8.7 Energate Inc.
8.7.1 Energate Inc. Comapny Information
8.7.2 Energate Inc. Business Overview
8.7.3 Energate Inc. Thermostat Sales, Revenue, Price and Gross Margin (2019-2024)
8.7.4 Energate Inc. Thermostat Product Portfolio
8.7.5 Energate Inc. Recent Developments
8.8 Tado GmbH
8.8.1 Tado GmbH Comapny Information
8.8.2 Tado GmbH Business Overview
8.8.3 Tado GmbH Thermostat Sales, Revenue, Price and Gross Margin (2019-2024)
8.8.4 Tado GmbH Thermostat Product Portfolio
8.8.5 Tado GmbH Recent Developments
8.9 Control4
8.9.1 Control4 Comapny Information
8.9.2 Control4 Business Overview
8.9.3 Control4 Thermostat Sales, Revenue, Price and Gross Margin (2019-2024)
8.9.4 Control4 Thermostat Product Portfolio
8.9.5 Control4 Recent Developments
8.10 Netatmo
8.10.1 Netatmo Comapny Information
8.10.2 Netatmo Business Overview
8.10.3 Netatmo Thermostat Sales, Revenue, Price and Gross Margin (2019-2024)
8.10.4 Netatmo Thermostat Product Portfolio
8.10.5 Netatmo Recent Developments
8.11 Hive Home
8.11.1 Hive Home Comapny Information
8.11.2 Hive Home Business Overview
8.11.3 Hive Home Thermostat Sales, Revenue, Price and Gross Margin (2019-2024)
8.11.4 Hive Home Thermostat Product Portfolio
8.11.5 Hive Home Recent Developments
8.12 Trane
8.12.1 Trane Comapny Information
8.12.2 Trane Business Overview
8.12.3 Trane Thermostat Sales, Revenue, Price and Gross Margin (2019-2024)
8.12.4 Trane Thermostat Product Portfolio
8.12.5 Trane Recent Developments
8.13 Johnston Controls
8.13.1 Johnston Controls Comapny Information
8.13.2 Johnston Controls Business Overview
8.13.3 Johnston Controls Thermostat Sales, Revenue, Price and Gross Margin (2019-2024)
8.13.4 Johnston Controls Thermostat Product Portfolio
8.13.5 Johnston Controls Recent Developments
8.14 DANFOSS
8.14.1 DANFOSS Comapny Information
8.14.2 DANFOSS Business Overview
8.14.3 DANFOSS Thermostat Sales, Revenue, Price and Gross Margin (2019-2024)
8.14.4 DANFOSS Thermostat Product Portfolio
8.14.5 DANFOSS Recent Developments
8.15 Siemens
8.15.1 Siemens Comapny Information
8.15.2 Siemens Business Overview
8.15.3 Siemens Thermostat Sales, Revenue, Price and Gross Margin (2019-2024)
8.15.4 Siemens Thermostat Product Portfolio
8.15.5 Siemens Recent Developments
8.16 Saswell
8.16.1 Saswell Comapny Information
8.16.2 Saswell Business Overview
8.16.3 Saswell Thermostat Sales, Revenue, Price and Gross Margin (2019-2024)
8.16.4 Saswell Thermostat Product Portfolio
8.16.5 Saswell Recent Developments
8.17 Computime
8.17.1 Computime Comapny Information
8.17.2 Computime Business Overview
8.17.3 Computime Thermostat Sales, Revenue, Price and Gross Margin (2019-2024)
8.17.4 Computime Thermostat Product Portfolio
8.17.5 Computime Recent Developments
8.18 Shenzhen Topband
8.18.1 Shenzhen Topband Comapny Information
8.18.2 Shenzhen Topband Business Overview
8.18.3 Shenzhen Topband Thermostat Sales, Revenue, Price and Gross Margin (2019-2024)
8.18.4 Shenzhen Topband Thermostat Product Portfolio
8.18.5 Shenzhen Topband Recent Developments
8.19 HaiLin Energy Technology
8.19.1 HaiLin Energy Technology Comapny Information
8.19.2 HaiLin Energy Technology Business Overview
8.19.3 HaiLin Energy Technology Thermostat Sales, Revenue, Price and Gross Margin (2019-2024)
8.19.4 HaiLin Energy Technology Thermostat Product Portfolio
8.19.5 HaiLin Energy Technology Recent Developments
9 North America
9.1 North America Thermostat Market Size by Type
9.1.1 North America Thermostat Revenue by Type (2019-2030)
9.1.2 North America Thermostat Sales by Type (2019-2030)
9.1.3 North America Thermostat Price by Type (2019-2030)
9.2 North America Thermostat Market Size by Application
9.2.1 North America Thermostat Revenue by Application (2019-2030)
9.2.2 North America Thermostat Sales by Application (2019-2030)
9.2.3 North America Thermostat Price by Application (2019-2030)
9.3 North America Thermostat Market Size by Country
9.3.1 North America Thermostat Revenue Grow Rate by Country (2019 VS 2023 VS 2030)
9.3.2 North America Thermostat Sales by Country (2019 VS 2023 VS 2030)
9.3.3 North America Thermostat Price by Country (2019-2030)
9.3.4 U.S.
9.3.5 Canada
10 Europe
10.1 Europe Thermostat Market Size by Type
10.1.1 Europe Thermostat Revenue by Type (2019-2030)
10.1.2 Europe Thermostat Sales by Type (2019-2030)
10.1.3 Europe Thermostat Price by Type (2019-2030)
10.2 Europe Thermostat Market Size by Application
10.2.1 Europe Thermostat Revenue by Application (2019-2030)
10.2.2 Europe Thermostat Sales by Application (2019-2030)
10.2.3 Europe Thermostat Price by Application (2019-2030)
10.3 Europe Thermostat Market Size by Country
10.3.1 Europe Thermostat Revenue Grow Rate by Country (2019 VS 2023 VS 2030)
10.3.2 Europe Thermostat Sales by Country (2019 VS 2023 VS 2030)
10.3.3 Europe Thermostat Price by Country (2019-2030)
10.3.4 Germany
10.3.5 France
10.3.6 U.K.
10.3.7 Italy
10.3.8 Russia
11 China
11.1 China Thermostat Market Size by Type
11.1.1 China Thermostat Revenue by Type (2019-2030)
11.1.2 China Thermostat Sales by Type (2019-2030)
11.1.3 China Thermostat Price by Type (2019-2030)
11.2 China Thermostat Market Size by Application
11.2.1 China Thermostat Revenue by Application (2019-2030)
11.2.2 China Thermostat Sales by Application (2019-2030)
11.2.3 China Thermostat Price by Application (2019-2030)
12 Asia (Excluding China)
12.1 Asia Thermostat Market Size by Type
12.1.1 Asia Thermostat Revenue by Type (2019-2030)
12.1.2 Asia Thermostat Sales by Type (2019-2030)
12.1.3 Asia Thermostat Price by Type (2019-2030)
12.2 Asia Thermostat Market Size by Application
12.2.1 Asia Thermostat Revenue by Application (2019-2030)
12.2.2 Asia Thermostat Sales by Application (2019-2030)
12.2.3 Asia Thermostat Price by Application (2019-2030)
12.3 Asia Thermostat Market Size by Country
12.3.1 Asia Thermostat Revenue Grow Rate by Country (2019 VS 2023 VS 2030)
12.3.2 Asia Thermostat Sales by Country (2019 VS 2023 VS 2030)
12.3.3 Asia Thermostat Price by Country (2019-2030)
12.3.4 Japan
12.3.5 South Korea
12.3.6 India
12.3.7 Australia
12.3.8 China Taiwan
12.3.9 Southeast Asia
13 Middle East, Africa and Latin America
13.1 Middle East, Africa and Latin America Thermostat Market Size by Type
13.1.1 Middle East, Africa and Latin America Thermostat Revenue by Type (2019-2030)
13.1.2 Middle East, Africa and Latin America Thermostat Sales by Type (2019-2030)
13.1.3 Middle East, Africa and Latin America Thermostat Price by Type (2019-2030)
13.2 Middle East, Africa and Latin America Thermostat Market Size by Application
13.2.1 Middle East, Africa and Latin America Thermostat Revenue by Application (2019-2030)
13.2.2 Middle East, Africa and Latin America Thermostat Sales by Application (2019-2030)
13.2.3 Middle East, Africa and Latin America Thermostat Price by Application (2019-2030)
13.3 Middle East, Africa and Latin America Thermostat Market Size by Country
13.3.1 Middle East, Africa and Latin America Thermostat Revenue Grow Rate by Country (2019 VS 2023 VS 2030)
13.3.2 Middle East, Africa and Latin America Thermostat Sales by Country (2019 VS 2023 VS 2030)
13.3.3 Middle East, Africa and Latin America Thermostat Price by Country (2019-2030)
13.3.4 Mexico
13.3.5 Brazil
13.3.6 Israel
13.3.7 Argentina
13.3.8 Colombia
13.3.9 Turkey
13.3.10 Saudi Arabia
13.3.11 UAE
14 Value Chain and Sales Channels Analysis
14.1 Thermostat Value Chain Analysis
14.1.1 Thermostat Key Raw Materials
14.1.2 Raw Materials Key Suppliers
14.1.3 Manufacturing Cost Structure
14.1.4 Thermostat Production Mode & Process
14.2 Thermostat Sales Channels Analysis
14.2.1 Direct Comparison with Distribution Share
14.2.2 Thermostat Distributors
14.2.3 Thermostat Customers
15 Concluding Insights
16 Appendix
16.1 Reasons for Doing This Study
16.2 Research Methodology
16.3 Research Process
16.4 Authors List of This Report
16.5 Data Source
16.5.1 Secondary Sources
16.5.2 Primary Sources
16.6 Disclaimer

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