WiFi Thermostats Industry Research Report 2024

WiFi Thermostats Industry Research Report 2024


A WiFi thermostat is a home automation device that regulates temperature. It’s a Wi-Fi enabled, learning smart thermostat that uses remote sensors which allow the thermostat to improve its motion control around your house. The best WiFi thermostats contain sensors which control the heating and cooling systems within houses, apartments or businesses.

Highlights

The global WiFi Thermostats market is projected to reach US$ million by 2030 from an estimated US$ million in 2024, at a CAGR of % during 2025 and 2030.
The major manufacturers in the global WiFi thermostat market are Nest, Ecobee, Honeywell, etc. The top three manufacturers account for about 70% of the market share.
North America is the largest market for WiFi thermostats, with a market share of about 90%.

Report Scope

This report aims to provide a comprehensive presentation of the global market for WiFi Thermostats, 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 WiFi Thermostats.
The WiFi Thermostats market size, estimations, and forecasts are provided in terms of output/shipments (K Pcs) 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 WiFi Thermostats market comprehensively. Regional market sizes, concerning products by types, by application, and by players, are also provided. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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.
The report will help the WiFi Thermostats manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, product type, application, and regions.

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:

Nest
Honeywell
Ecobee
Schneider Electric
Emerson
Lux Products
Carrier

Product Type Insights

Global markets are presented by WiFi Thermostats type, along with growth forecasts through 2030. Estimates on production and value are based on the price in the supply chain at which the WiFi Thermostats are procured by the manufacturers.
This report has studied every segment and provided the market size using historical data. They have also talked about the growth opportunities that the segment may pose in the future. This study bestows production and revenue data by type, and during the historical period (2019-2024) and forecast period (2025-2030).
WiFi Thermostats segment by Type

Battery-Powered
Hardwired

Application Insights

This report has provided the market size (production and revenue data) by application, during the historical period (2019-2024) and forecast period (2025-2030).
This report also outlines the market trends of each segment and consumer behaviors impacting the WiFi Thermostats market and what implications these may have on the industry's future. This report can help to understand the relevant market and consumer trends that are driving the WiFi Thermostats market.
WiFi Thermostats segment by Application

Residential
Commercial

Regional Outlook

This section of the report provides key insights regarding various regions and the key players operating in each region. Economic, social, environmental, technological, and political factors have been taken into consideration while assessing the growth of the particular region/country. The readers will also get their hands on the revenue and sales data of each region and country for the period 2019-2030.
The market has been segmented into various major geographies, including North America, Europe, Asia-Pacific, South America. Detailed analysis of major countries such as the USA, Germany, the U.K., Italy, France, China, Japan, South Korea, Southeast Asia, and India will be covered within the regional segment. For market estimates, data are going to be provided for 2023 because of the base year, with estimates for 2024 and forecast value for 2030.
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

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.

COVID-19 and Russia-Ukraine War Influence Analysis

The readers in the section will understand how the WiFi Thermostats market scenario changed across the globe during the pandemic, post-pandemic and Russia-Ukraine War. The study is done keeping in view the changes in aspects such as demand, consumption, transportation, consumer behavior, supply chain management, export and import, and production. The industry experts have also highlighted the key factors that will help create opportunities for players and stabilize the overall industry in the years to come.

Reasons to Buy This Report

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 WiFi Thermostats 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.
This report will help stakeholders to understand the global industry status and trends of WiFi Thermostats and provides them with information on key market drivers, restraints, challenges, and opportunities.
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.
This report stays updated with novel technology integration, features, and the latest developments in the market
This report helps stakeholders to understand the COVID-19 and Russia-Ukraine War Influence on the WiFi Thermostats industry.
This report helps stakeholders to gain insights into which regions to target globally
This report helps stakeholders to gain insights into the end-user perception concerning the adoption of WiFi Thermostats.
This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Core Chapters

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 WiFi Thermostats 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 WiFi Thermostats 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 WiFi Thermostats 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.


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 WiFi Thermostats by Type
2.2.1 Market Value Comparison by Type (2019 VS 2023 VS 2030) & (US$ Million)
1.2.2 Battery-Powered
1.2.3 Hardwired
2.3 WiFi Thermostats by Application
2.3.1 Market Value Comparison by Application (2019 VS 2023 VS 2030) & (US$ Million)
2.3.2 Residential
2.3.3 Commercial
2.4 Global Market Growth Prospects
2.4.1 Global WiFi Thermostats Production Value Estimates and Forecasts (2019-2030)
2.4.2 Global WiFi Thermostats Production Capacity Estimates and Forecasts (2019-2030)
2.4.3 Global WiFi Thermostats Production Estimates and Forecasts (2019-2030)
2.4.4 Global WiFi Thermostats Market Average Price (2019-2030)
3 Market Competitive Landscape by Manufacturers
3.1 Global WiFi Thermostats Production by Manufacturers (2019-2024)
3.2 Global WiFi Thermostats Production Value by Manufacturers (2019-2024)
3.3 Global WiFi Thermostats Average Price by Manufacturers (2019-2024)
3.4 Global WiFi Thermostats Industry Manufacturers Ranking, 2022 VS 2023 VS 2024
3.5 Global WiFi Thermostats Key Manufacturers, Manufacturing Sites & Headquarters
3.6 Global WiFi Thermostats Manufacturers, Product Type & Application
3.7 Global WiFi Thermostats Manufacturers, Date of Enter into This Industry
3.8 Global WiFi Thermostats Market CR5 and HHI
3.9 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
4.1 Nest
4.1.1 Nest WiFi Thermostats Company Information
4.1.2 Nest WiFi Thermostats Business Overview
4.1.3 Nest WiFi Thermostats Production, Value and Gross Margin (2019-2024)
4.1.4 Nest Product Portfolio
4.1.5 Nest Recent Developments
4.2 Honeywell
4.2.1 Honeywell WiFi Thermostats Company Information
4.2.2 Honeywell WiFi Thermostats Business Overview
4.2.3 Honeywell WiFi Thermostats 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 WiFi Thermostats Company Information
4.3.2 Ecobee WiFi Thermostats Business Overview
4.3.3 Ecobee WiFi Thermostats 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 WiFi Thermostats Company Information
4.4.2 Schneider Electric WiFi Thermostats Business Overview
4.4.3 Schneider Electric WiFi Thermostats 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 WiFi Thermostats Company Information
4.5.2 Emerson WiFi Thermostats Business Overview
4.5.3 Emerson WiFi Thermostats Production, Value and Gross Margin (2019-2024)
4.5.4 Emerson Product Portfolio
4.5.5 Emerson Recent Developments
4.6 Lux Products
4.6.1 Lux Products WiFi Thermostats Company Information
4.6.2 Lux Products WiFi Thermostats Business Overview
4.6.3 Lux Products WiFi Thermostats Production, Value and Gross Margin (2019-2024)
4.6.4 Lux Products Product Portfolio
4.6.5 Lux Products Recent Developments
4.7 Carrier
4.7.1 Carrier WiFi Thermostats Company Information
4.7.2 Carrier WiFi Thermostats Business Overview
4.7.3 Carrier WiFi Thermostats Production, Value and Gross Margin (2019-2024)
4.7.4 Carrier Product Portfolio
4.7.5 Carrier Recent Developments
5 Global WiFi Thermostats Production by Region
5.1 Global WiFi Thermostats Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
5.2 Global WiFi Thermostats Production by Region: 2019-2030
5.2.1 Global WiFi Thermostats Production by Region: 2019-2024
5.2.2 Global WiFi Thermostats Production Forecast by Region (2025-2030)
5.3 Global WiFi Thermostats Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
5.4 Global WiFi Thermostats Production Value by Region: 2019-2030
5.4.1 Global WiFi Thermostats Production Value by Region: 2019-2024
5.4.2 Global WiFi Thermostats Production Value Forecast by Region (2025-2030)
5.5 Global WiFi Thermostats Market Price Analysis by Region (2019-2024)
5.6 Global WiFi Thermostats Production and Value, YOY Growth
5.6.1 North America WiFi Thermostats Production Value Estimates and Forecasts (2019-2030)
5.6.2 Europe WiFi Thermostats Production Value Estimates and Forecasts (2019-2030)
5.6.3 China WiFi Thermostats Production Value Estimates and Forecasts (2019-2030)
5.6.4 Japan WiFi Thermostats Production Value Estimates and Forecasts (2019-2030)
6 Global WiFi Thermostats Consumption by Region
6.1 Global WiFi Thermostats Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
6.2 Global WiFi Thermostats Consumption by Region (2019-2030)
6.2.1 Global WiFi Thermostats Consumption by Region: 2019-2030
6.2.2 Global WiFi Thermostats Forecasted Consumption by Region (2025-2030)
6.3 North America
6.3.1 North America WiFi Thermostats Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.3.2 North America WiFi Thermostats Consumption by Country (2019-2030)
6.3.3 U.S.
6.3.4 Canada
6.4 Europe
6.4.1 Europe WiFi Thermostats Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.4.2 Europe WiFi Thermostats 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 WiFi Thermostats Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.5.2 Asia Pacific WiFi Thermostats 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 WiFi Thermostats Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.6.2 Latin America, Middle East & Africa WiFi Thermostats 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 WiFi Thermostats Production by Type (2019-2030)
7.1.1 Global WiFi Thermostats Production by Type (2019-2030) & (K Pcs)
7.1.2 Global WiFi Thermostats Production Market Share by Type (2019-2030)
7.2 Global WiFi Thermostats Production Value by Type (2019-2030)
7.2.1 Global WiFi Thermostats Production Value by Type (2019-2030) & (US$ Million)
7.2.2 Global WiFi Thermostats Production Value Market Share by Type (2019-2030)
7.3 Global WiFi Thermostats Price by Type (2019-2030)
8 Segment by Application
8.1 Global WiFi Thermostats Production by Application (2019-2030)
8.1.1 Global WiFi Thermostats Production by Application (2019-2030) & (K Pcs)
8.1.2 Global WiFi Thermostats Production by Application (2019-2030) & (K Pcs)
8.2 Global WiFi Thermostats Production Value by Application (2019-2030)
8.2.1 Global WiFi Thermostats Production Value by Application (2019-2030) & (US$ Million)
8.2.2 Global WiFi Thermostats Production Value Market Share by Application (2019-2030)
8.3 Global WiFi Thermostats Price by Application (2019-2030)
9 Value Chain and Sales Channels Analysis of the Market
9.1 WiFi Thermostats Value Chain Analysis
9.1.1 WiFi Thermostats Key Raw Materials
9.1.2 Raw Materials Key Suppliers
9.1.3 WiFi Thermostats Production Mode & Process
9.2 WiFi Thermostats Sales Channels Analysis
9.2.1 Direct Comparison with Distribution Share
9.2.2 WiFi Thermostats Distributors
9.2.3 WiFi Thermostats Customers
10 Global WiFi Thermostats Analyzing Market Dynamics
10.1 WiFi Thermostats Industry Trends
10.2 WiFi Thermostats Industry Drivers
10.3 WiFi Thermostats Industry Opportunities and Challenges
10.4 WiFi Thermostats Industry Restraints
11 Report Conclusion
12 Disclaimer

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings