Thermostat Industry Research Report 2024

Thermostat Industry Research Report 2024


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 was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of xx% during the forecast period 2024-2030.

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.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Thermostat, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Thermostat.

The report will help the Thermostat manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

The Thermostat market size, estimations, and forecasts are provided in terms of sales volume (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Thermostat market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:

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

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

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: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, 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 3: Detailed analysis of Thermostat manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 5: Production/output, value of Thermostat by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of Thermostat in 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, and production of each country in the world.
Chapter 7: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: 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 11: The main points and conclusions of the report.
Chapter 11: The main points and conclusions of the report.


1 Preface
1.1 Scope of Report
1.2 Reasons for Doing This Study
1.3 Research Methodology
1.4 Research Process
1.5 Data Source
1.5.1 Secondary Sources
1.5.2 Primary Sources
2 Market Overview
2.1 Product Definition
2.2 Thermostat by Type
2.2.1 Market Value Comparison by Type (2019 VS 2023 VS 2030) & (US$ Million)
2.2.2 Non-Programmable Type
2.2.3 Programmable Type
2.2.4 Smart Type
2.2.5 WiFi Type
2.3 Thermostat by Application
2.3.1 Market Value Comparison by Application (2019 VS 2023 VS 2030) & (US$ Million)
2.3.2 Business
2.3.3 Industrial
2.3.4 Residential
2.4 Global Market Growth Prospects
2.4.1 Global Thermostat Production Value Estimates and Forecasts (2019-2030)
2.4.2 Global Thermostat Production Capacity Estimates and Forecasts (2019-2030)
2.4.3 Global Thermostat Production Estimates and Forecasts (2019-2030)
2.4.4 Global Thermostat Market Average Price (2019-2030)
3 Market Competitive Landscape by Manufacturers
3.1 Global Thermostat Production by Manufacturers (2019-2024)
3.2 Global Thermostat Production Value by Manufacturers (2019-2024)
3.3 Global Thermostat Average Price by Manufacturers (2019-2024)
3.4 Global Thermostat Industry Manufacturers Ranking, 2022 VS 2023 VS 2024
3.5 Global Thermostat Key Manufacturers, Manufacturing Sites & Headquarters
3.6 Global Thermostat Manufacturers, Product Type & Application
3.7 Global Thermostat Manufacturers, Date of Enter into This Industry
3.8 Global Thermostat Market CR5 and HHI
3.9 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
4.1 Google Nest
4.1.1 Google Nest Thermostat Company Information
4.1.2 Google Nest Thermostat Business Overview
4.1.3 Google Nest Thermostat Production, Value and Gross Margin (2019-2024)
4.1.4 Google Nest Product Portfolio
4.1.5 Google Nest Recent Developments
4.2 Honeywell
4.2.1 Honeywell Thermostat Company Information
4.2.2 Honeywell Thermostat Business Overview
4.2.3 Honeywell Thermostat Production, Value and Gross Margin (2019-2024)
4.2.4 Honeywell Product Portfolio
4.2.5 Honeywell Recent Developments
4.3 EcoBee
4.3.1 EcoBee Thermostat Company Information
4.3.2 EcoBee Thermostat Business Overview
4.3.3 EcoBee Thermostat Production, Value and Gross Margin (2019-2024)
4.3.4 EcoBee Product Portfolio
4.3.5 EcoBee Recent Developments
4.4 Schneider Electric
4.4.1 Schneider Electric Thermostat Company Information
4.4.2 Schneider Electric Thermostat Business Overview
4.4.3 Schneider Electric Thermostat Production, Value and Gross Margin (2019-2024)
4.4.4 Schneider Electric Product Portfolio
4.4.5 Schneider Electric Recent Developments
4.5 Emerson
4.5.1 Emerson Thermostat Company Information
4.5.2 Emerson Thermostat Business Overview
4.5.3 Emerson Thermostat Production, Value and Gross Margin (2019-2024)
4.5.4 Emerson Product Portfolio
4.5.5 Emerson Recent Developments
4.6 Carrier
4.6.1 Carrier Thermostat Company Information
4.6.2 Carrier Thermostat Business Overview
4.6.3 Carrier Thermostat Production, Value and Gross Margin (2019-2024)
4.6.4 Carrier Product Portfolio
4.6.5 Carrier Recent Developments
4.7 Energate Inc.
4.7.1 Energate Inc. Thermostat Company Information
4.7.2 Energate Inc. Thermostat Business Overview
4.7.3 Energate Inc. Thermostat Production, Value and Gross Margin (2019-2024)
4.7.4 Energate Inc. Product Portfolio
4.7.5 Energate Inc. Recent Developments
4.8 Tado GmbH
4.8.1 Tado GmbH Thermostat Company Information
4.8.2 Tado GmbH Thermostat Business Overview
4.8.3 Tado GmbH Thermostat Production, Value and Gross Margin (2019-2024)
4.8.4 Tado GmbH Product Portfolio
4.8.5 Tado GmbH Recent Developments
4.9 Control4
4.9.1 Control4 Thermostat Company Information
4.9.2 Control4 Thermostat Business Overview
4.9.3 Control4 Thermostat Production, Value and Gross Margin (2019-2024)
4.9.4 Control4 Product Portfolio
4.9.5 Control4 Recent Developments
4.10 Netatmo
4.10.1 Netatmo Thermostat Company Information
4.10.2 Netatmo Thermostat Business Overview
4.10.3 Netatmo Thermostat Production, Value and Gross Margin (2019-2024)
4.10.4 Netatmo Product Portfolio
4.10.5 Netatmo Recent Developments
4.11 Hive Home
4.11.1 Hive Home Thermostat Company Information
4.11.2 Hive Home Thermostat Business Overview
4.11.3 Hive Home Thermostat Production, Value and Gross Margin (2019-2024)
4.11.4 Hive Home Product Portfolio
4.11.5 Hive Home Recent Developments
4.12 Trane
4.12.1 Trane Thermostat Company Information
4.12.2 Trane Thermostat Business Overview
4.12.3 Trane Thermostat Production, Value and Gross Margin (2019-2024)
4.12.4 Trane Product Portfolio
4.12.5 Trane Recent Developments
4.13 Johnston Controls
4.13.1 Johnston Controls Thermostat Company Information
4.13.2 Johnston Controls Thermostat Business Overview
4.13.3 Johnston Controls Thermostat Production, Value and Gross Margin (2019-2024)
4.13.4 Johnston Controls Product Portfolio
4.13.5 Johnston Controls Recent Developments
4.14 DANFOSS
4.14.1 DANFOSS Thermostat Company Information
4.14.2 DANFOSS Thermostat Business Overview
4.14.3 DANFOSS Thermostat Production, Value and Gross Margin (2019-2024)
4.14.4 DANFOSS Product Portfolio
4.14.5 DANFOSS Recent Developments
4.15 Siemens
4.15.1 Siemens Thermostat Company Information
4.15.2 Siemens Thermostat Business Overview
4.15.3 Siemens Thermostat Production, Value and Gross Margin (2019-2024)
4.15.4 Siemens Product Portfolio
4.15.5 Siemens Recent Developments
4.16 Saswell
4.16.1 Saswell Thermostat Company Information
4.16.2 Saswell Thermostat Business Overview
4.16.3 Saswell Thermostat Production, Value and Gross Margin (2019-2024)
4.16.4 Saswell Product Portfolio
4.16.5 Saswell Recent Developments
4.17 Computime
4.17.1 Computime Thermostat Company Information
4.17.2 Computime Thermostat Business Overview
4.17.3 Computime Thermostat Production, Value and Gross Margin (2019-2024)
4.17.4 Computime Product Portfolio
4.17.5 Computime Recent Developments
4.18 Shenzhen Topband
4.18.1 Shenzhen Topband Thermostat Company Information
4.18.2 Shenzhen Topband Thermostat Business Overview
4.18.3 Shenzhen Topband Thermostat Production, Value and Gross Margin (2019-2024)
4.18.4 Shenzhen Topband Product Portfolio
4.18.5 Shenzhen Topband Recent Developments
4.19 HaiLin Energy Technology
4.19.1 HaiLin Energy Technology Thermostat Company Information
4.19.2 HaiLin Energy Technology Thermostat Business Overview
4.19.3 HaiLin Energy Technology Thermostat Production, Value and Gross Margin (2019-2024)
4.19.4 HaiLin Energy Technology Product Portfolio
4.19.5 HaiLin Energy Technology Recent Developments
5 Global Thermostat Production by Region
5.1 Global Thermostat Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
5.2 Global Thermostat Production by Region: 2019-2030
5.2.1 Global Thermostat Production by Region: 2019-2024
5.2.2 Global Thermostat Production Forecast by Region (2025-2030)
5.3 Global Thermostat Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
5.4 Global Thermostat Production Value by Region: 2019-2030
5.4.1 Global Thermostat Production Value by Region: 2019-2024
5.4.2 Global Thermostat Production Value Forecast by Region (2025-2030)
5.5 Global Thermostat Market Price Analysis by Region (2019-2024)
5.6 Global Thermostat Production and Value, YOY Growth
5.6.1 North America Thermostat Production Value Estimates and Forecasts (2019-2030)
5.6.2 Europe Thermostat Production Value Estimates and Forecasts (2019-2030)
5.6.3 China Thermostat Production Value Estimates and Forecasts (2019-2030)
5.6.4 Japan Thermostat Production Value Estimates and Forecasts (2019-2030)
6 Global Thermostat Consumption by Region
6.1 Global Thermostat Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
6.2 Global Thermostat Consumption by Region (2019-2030)
6.2.1 Global Thermostat Consumption by Region: 2019-2030
6.2.2 Global Thermostat Forecasted Consumption by Region (2025-2030)
6.3 North America
6.3.1 North America Thermostat Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.3.2 North America Thermostat Consumption by Country (2019-2030)
6.3.3 U.S.
6.3.4 Canada
6.4 Europe
6.4.1 Europe Thermostat Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.4.2 Europe Thermostat Consumption by Country (2019-2030)
6.4.3 Germany
6.4.4 France
6.4.5 U.K.
6.4.6 Italy
6.4.7 Russia
6.5 Asia Pacific
6.5.1 Asia Pacific Thermostat Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.5.2 Asia Pacific Thermostat Consumption by Country (2019-2030)
6.5.3 China
6.5.4 Japan
6.5.5 South Korea
6.5.6 China Taiwan
6.5.7 Southeast Asia
6.5.8 India
6.5.9 Australia
6.6 Latin America, Middle East & Africa
6.6.1 Latin America, Middle East & Africa Thermostat Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.6.2 Latin America, Middle East & Africa Thermostat Consumption by Country (2019-2030)
6.6.3 Mexico
6.6.4 Brazil
6.6.5 Turkey
6.6.5 GCC Countries
7 Segment by Type
7.1 Global Thermostat Production by Type (2019-2030)
7.1.1 Global Thermostat Production by Type (2019-2030) & (K Units)
7.1.2 Global Thermostat Production Market Share by Type (2019-2030)
7.2 Global Thermostat Production Value by Type (2019-2030)
7.2.1 Global Thermostat Production Value by Type (2019-2030) & (US$ Million)
7.2.2 Global Thermostat Production Value Market Share by Type (2019-2030)
7.3 Global Thermostat Price by Type (2019-2030)
8 Segment by Application
8.1 Global Thermostat Production by Application (2019-2030)
8.1.1 Global Thermostat Production by Application (2019-2030) & (K Units)
8.1.2 Global Thermostat Production by Application (2019-2030) & (K Units)
8.2 Global Thermostat Production Value by Application (2019-2030)
8.2.1 Global Thermostat Production Value by Application (2019-2030) & (US$ Million)
8.2.2 Global Thermostat Production Value Market Share by Application (2019-2030)
8.3 Global Thermostat Price by Application (2019-2030)
9 Value Chain and Sales Channels Analysis of the Market
9.1 Thermostat Value Chain Analysis
9.1.1 Thermostat Key Raw Materials
9.1.2 Raw Materials Key Suppliers
9.1.3 Thermostat Production Mode & Process
9.2 Thermostat Sales Channels Analysis
9.2.1 Direct Comparison with Distribution Share
9.2.2 Thermostat Distributors
9.2.3 Thermostat Customers
10 Global Thermostat Analyzing Market Dynamics
10.1 Thermostat Industry Trends
10.2 Thermostat Industry Drivers
10.3 Thermostat Industry Opportunities and Challenges
10.4 Thermostat Industry Restraints
11 Report Conclusion
12 Disclaimer

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