Global Smart Home Thermostats Market Growth 2023-2029

Global Smart Home Thermostats Market Growth 2023-2029

LPI (LP Information)' newest research report, the “Smart Home Thermostats Industry Forecast” looks at past sales and reviews total world Smart Home Thermostats sales in 2022, providing a comprehensive analysis by region and market sector of projected Smart Home Thermostats sales for 2023 through 2029. With Smart Home Thermostats sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Smart Home Thermostats industry.

This Insight Report provides a comprehensive analysis of the global Smart Home Thermostats landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Smart Home Thermostats portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Smart Home Thermostats market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Smart Home Thermostats and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Smart Home Thermostats.

The global Smart Home Thermostats market size is projected to grow from US$ 1574.7 million in 2022 to US$ 3697.1 million in 2029; it is expected to grow at a CAGR of 3697.1 from 2023 to 2029.

Global key players of smart home thermostats include Google Nest, Honeywell, EcoBee, Emerson, LUX/GEO, etc. Global top five manufacturers hold a share over 56%. The key players are mainly located in North America and Europe. In terms of product, wifi technology is the largest segment, with a share over 73%. And in terms of distribution channel, the largest distribution channel is offline sales, with a share over 86%.

This report presents a comprehensive overview, market shares, and growth opportunities of Smart Home Thermostats market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
WiFi Technology
ZigBee Technology
Others

Segmentation by application
Online
Offline

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Google Nest
Honeywell
EcoBee
Emerson
LUX/GEO
Carrier
Energate Inc.
Tado GmbH
Control4
Netatmo
Hive Home

Key Questions Addressed in this Report

What is the 10-year outlook for the global Smart Home Thermostats market?

What factors are driving Smart Home Thermostats market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Smart Home Thermostats market opportunities vary by end market size?

How does Smart Home Thermostats break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.