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Smart Thermostat Market by Component , Network Connectivity (Wired, Wireless), Application (Residential, Office Building, Industrial Building, Educational Institutional, Retail, Hospitality, and Healthcare), and Geography - Forecast to 2020

Smart Thermostat Market by Component , Network Connectivity (Wired, Wireless), Application (Residential, Office Building, Industrial Building, Educational Institutional, Retail, Hospitality, and Healthcare), and Geography - Forecast to 2020

Smart thermostats are automation devices connected with HVAC systems to control the heating and cooling systems within an area. Thermostats have been in use since 1885, but with the introduction of programmable thermostats in 1906, their usage has increased. A typical smart thermostat includes a display unit, motion sensor, temperature sensor, humidity sensor, and other components which include ring and wiring of the smart thermostat.

Smart thermostats are costly as compared to conventional thermostats; therefore, at present, the market size of smart thermostats is not very large. However, in the coming years it is expected to grow at a high CAGR of 31.82% between 2015 and 2020. The high energy saving and decrease in energy wastage offered by these devices has led to increased awareness among consumers, which has boosted its adoption in recent times. North America held the major share in the smart thermostat market in 2014. However, the European market is expected to grow at the highest CAGR during the forecast period. The key players in this market include Nest Labs (U.S.), Honeywell international (U.S.), Ecobee (Canada), Schneider Electric SE (France), Emerson Electric Co. (U.S.), Tado (Germany), Control4 Corporation (U.S.), Ingersoll Rand (Ireland), Carrier Corporation (U.S.), and Nortek, Inc. (France).

This research study segments the smart thermostat market on the basis of components, network connectivity, applications, and geography. It also provides revenue forecast, and analyzes the trends in the market. The geographical analysis contains an in-depth classification for North America, Europe, APAC, and Rest of the World (RoW) and highlights the high-growth regions in these geographies. The report also analyzes the market dynamics such as drivers, restraints, opportunities, current market trends, and the technologies that are expected to revolutionize the smart thermostat market. It includes a competitive landscape of the key players in the smart thermostat market with detailed market ranking analysis and describes the growth strategies such as mergers and acquisitions, collaborations, partnerships, new product developments, and others adopted by the market players.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • MARKET SCOPE
      • MARKETS COVERED
      • GEOGRAPHIC SCOPE
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY AND PRICING
    • LIMITATION
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • MARKET BREAKDOWN AND DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS AND LIMITATIONS
      • ASSUMPTIONS
      • LIMITATIONS
  • EXECUTIVE SUMMARY
    • Table SMART THERMOSTAT MARKET SIZE BY VALUE AND VOLUME, 2014-2020
  • PREMIUM INSIGHTS
    • ATTRACTIVE GROWTH OPPORTUNITY IN THE SMART THERMOSTAT MARKET
    • SMART THERMOSTAT MARKET, BY APPLICATION
    • SMART THERMOSTAT MARKET IN EUROPE, 2014
    • U.S. ACCOUNTED FOR THE HIGHEST MARKET SHARE IN THE SMART THERMOSTAT MARKET IN 2014
    • RESIDENTIAL APPLICATION OF SMART THERMOSTAT IS EXPECTED TO GROW AT THE HIGHEST CAGR BETWEEN 2015 AND 2020
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET SEGMENTATION
    • MARKET DYNAMICS
      • DRIVERS
        • Table DRIVERS: IMPACT ANALYSIS
      • RESTRAINS
      • OPPORTUNITY
      • CHALLENGE
  • INDUSTRY TRENDS
    • INTRODUCTION
    • VALUE CHAIN ANALYSIS
    • PORTER'S FIVE FORCE ANALYSIS
      • THREAT OF NEW ENTRANTS
      • THREAT OF SUBSITITUTES
      • BARGAINING POWER OF SUPPLIERS
      • BARGAINING POWER OF BUYERS
      • DEGREE OF COMPETITION
  • SMART THERMOSTAT MARKET, BY COMPONENT
    • INTRODUCTION
      • Table SMART THERMOSTAT MARKET SIZE, BY COMPONENT, 2014-2020 (USD MILLION)
      • DISPLAY
      • TEMPERATURE SENSOR
      • HUMIDITY SENSOR
      • MOTION SENSOR
      • OTHERS
  • SMART THERMOSTAT MARKET, BY NETWORK TECHNOLOGY
    • INTRODUCTION
      • Table SMART THERMOSTAT MARKET SIZE, BY NETWORK CONNECTIVITY, 2014-2020 (USD MILLION)
      • WIRED NETWORKING
      • WIRELESS NETWORK
        • Table WIRELESS NETWORK CONNECTIVITY MARKET SIZE, BY TECHNOLOGY, 2014-2020 (USD MILLION)
  • SMART THERMOSTAT MARKET, BY APPLICATION
    • INTRODUCTION
      • Table SMART THERMOSTAT MARKET SIZE, BY APPLICATION, 2014-2020 (USD MILLION)
      • RESIDENTIAL
        • Table MARKET FOR RESIDENTIAL APPLICATION, BYNETWORK CONNECTIVITY, 2014-2020 (USD MILLION)
        • Table MARKET FOR RESIDENTIAL APPLICATION, BY REGION, 2014-2020 (USD MILLION)
        • Table NORTH AMERICA: MARKET FOR RESIDENTIAL APPLICATION MARKET, BY COUNTRY, 2014-2020 (USD MILLION)
        • Table EUROPE: MARKET FOR RESIDENTIAL APPLICATION, BY COUNTRY, 2014-2020 (USD MILLION)
        • Table APAC: MARKET FOR RESIDENTIAL APPLICATION, BY COUNTRY, 2014-2020 (USD MILLION)
        • Table ROW: MARKET FOR RESIDENTIAL APPLICATION, BY REGION, 2014-2020 (USD MILLION)
      • OFFICE BUILDING
        • Table MARKET FOR OFFICE BUILDING APPLICATION, BY NETWORK CONNECTIVITY, 2014-2020 (USD MILLION)
        • Table MARKET FOR OFFICE BUILDING APPLICATION, BY REGION, 2014-2020 (USD MILLION)
        • Table NORTH AMERICA: MARKET FOR OFFICE BUILDING APPLICATION, BY COUNTRY, 2014-2020 (USD MILLION)
        • Table EUROPE: MARKET FOR OFFICE BUILDING APPLICATION, BY COUNTRY, 2014-2020 (USD MILLION)
        • Table APAC: MARKET FOR OFFICE BUILDING APPLICATION, BYCOUNTRY, 2014-2020 (USD MILLION)
        • Table ROW: MARKET FOR OFFICE BUILDING APPLICATION, BY REGION, 2014-2020 (USD MILLION)
      • EDUCATIONAL BUILDINGS
        • Table MARKET FOR EDUCATIONAL BUILDING APPLICATION, BY NETWORK CONNECTIVITY, 2014-2020 (USD MILLION)
        • Table MARKET FOR EDUCATIONAL BUILDING APPLICATION, BY REGION, 2014-2020 (USD MILLION)
        • Table EDUCATIONAL BUILDING APPLICATION MARKET BY,NORTH AMERICA, 2014-2020 (USD MILLION)
        • Table EUROPE: MARKET FOR EDUCATIONAL BUILDING APPLICATION, BY COUNTRY, 2014-2020 (USD MILLION)
        • Table APAC: MARKET FOR EDUCATIONAL BUILDING APPLICATION, BY COUNTRY, 2014-2020 (USD MILLION)
        • Table ROW: MARKET FOR EDUCATIONAL BUILDING APPLICATION, BY REGION, 2014-2020 (USD MILLION)
      • INDUSTRIAL BUILDING
        • Table MARKET FOR INDUSTRIAL APPLICATION, BY NETWORK CONNECTIVITY, 2014-2020 (USD MILLION)
        • Table MARKET FOR INDUSTRIAL BUILDING APPLICATION, BY GEOGRAPHY, 2014-2020 (USD MILLION)
        • Table NORTH AMERICA: MARKET FOR INDUSTRIAL BUILDING APPLICATION MARKET, BY COUNTRY, 2014-2020 (USD MILLION)
        • Table EUROPE: MARKET FOR INDUSTRIAL BUILDING APPLICATION, BY COUNTRY, 2014-2020 (USD MILLION)
        • Table APAC: MARKET FOR INDUSTRIAL BUILDING APPLICATION, BY COUNTRY, 2014-2020 (USD MILLION)
        • Table ROW: MARKET FOR INDUSTRIAL BUILDING APPLICATION, BY REGION, 2014-2020 (USD MILLION)
      • RETAIL
        • Table MARKET FOR RETAIL APPLICATION, BY NETWORK CONNECTIVITY, 2014-2020 (USD MILLION)
        • Table MARKET FOR RETAIL APPLICATION, BY REGION, 2014-2020 (USD MILLION)
        • Table NORTH AMERICA: MARKET FOR RETAIL APPLICATION, BY COUNTRY, 2014-2020 (USD MILLION)
        • Table EUROPE: MARKET FOR RETAIL APPLICATION, BY COUNTRY, 2014-2020 (USD MILLION)
        • Table APAC: MARKET FOR RETAIL APPLICATION, BY COUNTRY, 2014-2020 (USD MILLION)
        • Table ROW: MARKET FOR RETAIL APPLICATION, BY REGION, 2014-2020 (USD MILLION)
      • HOSPITALITY
        • Table MARKET FOR HOSPITALITY APPLICATION, BY NETWORK CONNECTIVITY, 2014-2020 (USD MILLION)
        • Table MARKET FOR HOSPITALITY APPLICATION, BY REGION, 2014-2020 (USD MILLION)
        • Table NORTH AMERICA: MARKET FOR HOSPITALITY APPLICATION, BY COUNTRY, 2014-2020 (USD MILLION)
        • Table EUROPE: MARKET FOR HOSPITALITY APPLICATION, BY COUNTRY, 2014-2020 (USD MILLION)
        • Table APAC: MARKET FOR THE HOSPITALITY APPLICATION, BY COUNTRY, 2014-2020 (USD MILLION)
        • Table ROW: MARKET FOR HOSPITALITY APPLICATION, BYREGION, 2014-2020 (USD MILLION)
      • HEALTHCARE
        • Table MARKET FOR HEALTHCARE APPLICATION, BY NETWORK CONNECTIVITY, 2014-2020 (USD MILLION)
        • Table MARKET FOR HEALTHCARE APPLICATION, BY REGION, 2014-2020 (USD MILLION)
        • Table NORTH AMERICA: MARKET FOR HEALTHCARE APPLICATION, BY COUNTRY, 2014-2020 (USD MILLION)
        • Table EUROPE: MARKET FOR HEALTHCARE APPLICATION, BY COUNTRY, 2014-2020 (USD MILLION)
        • Table APAC: MARKET FOR HEALTHCARE APPLICATION, BY COUNTRY, 2014-2020 (USD MILLION)
        • Table ROW: MARKET FOR HEALTHCARE APPLICATION, BY REGION, 2014-2020 (USD MILLION)
  • GEOGRAPHIC ANALYSIS
    • INTRODUCTION
      • Table SMART THERMOSTAT MARKET SIZE, BY REGION, 2014-2020 (USD MILLION)
      • NORTH AMERICA
        • Table NORTH AMERICA: SMART THERMOSTAT MARKET SIZE, BY APPLICATION, 2014-2020 (USD MILLION)
        • Table U.S.: SMART THERMOSTAT MARKET SIZE, BY APPLICATION, 2014-2020 (USD MILLION)
        • Table CANADA: SMART THERMOSTAT MARKET SIZE, BY APPLICATION, 2014-2020 (USD MILLION)
        • Table MEXICO: SMART THERMOSTAT MARKET SIZE, BY APPLICATION, 2014-2020 (USD MILLION)
        • Table NORTH AMERICA: SMART THERMOSTAT MARKET SIZE, BY COUNTRY, 2014-2020 (USD MILLION)
      • EUROPE
        • Table EUROPE: SMART THERMOSTAT MARKET SIZE, BY APPLICATION, 2014-2020 (USD MILLION)
        • Table U.K.: SMART THERMOSTAT MARKET SIZE, BY APPLICATION, 2014-2020 (USD MILLION)
        • Table FRANCE: SMART THERMOSTAT MARKET SIZE, BY APPLICATION, 2014-2020 (USD MILLION)
        • Table GERMANY: SMART THERMOSTAT MARKET SIZE, BY APPLICATION, 2014-2020 (USD MILLION)
        • Table REST OF EUROPE: SMART THERMOSTAT MARKET SIZE, BY APPLICATION, 2014-2020 (USD MILLION)
        • Table EUROPE: SMART THERMOSTAT MARKET SIZE, BY COUNTRY, 2014-2020 (USD MILLION)
      • ASIA-PACIFIC
        • Table APAC: SMART THERMOSTAT MARKET SIZE, BY APPLICATION, 2014-2020 (USD MILLION)
        • Table CHINA: SMART THERMOSTAT MARKET SIZE, BY APPLICATION, 2014-2020 (USD MILLION)
        • Table JAPAN: SMART THERMOSTAT MARKET SIZE, BY APPLICATION, 2014-2020 (USD MILLION)
        • Table SOUTH KOREA: SMART THERMOSTAT MARKET SIZE, BY APPLICATION, 2014-2020 (USD MILLION)
        • Table OTHERS: SMART THERMOSTAT MARKET SIZE, BY APPLICATION, 2014-2020 (USD MILLION)
        • Table APAC: SMART THERMOSTAT MARKET SIZE, BY COUNTRY, 2014-2020 (USD MILLION)
      • REST OF THE WORLD
        • Table ROW: SMART THERMOSTAT MARKET SIZE, BY APPLICATION, 2014-2020 (USD MILLION)
        • Table SOUTH AMERICA: SMART THERMOSTAT MARKET SIZE, BY APPLICATION, 2014-2020 (USD MILLION)
        • Table MIDDLE EAST AND AFRICA: SMART THERMOSTAT MARKET SIZE, BY APPLICATION, 2014-2020 (USD MILLION)
        • Table ROW: SMART THERMOSTAT MARKET SIZE, BY COUNTRY, 2014-2020 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • MARKET RANKING ANALYSIS
      • Table MARKET RANKING ANALYSIS FOR SMART THERMOSTAT MARKET, 2014
    • COMPETITIVE SITUATION AND TRENDS
      • NEW PRODUCT LAUNCHES
        • Table NEW PRODUCT LAUNCHES, 2015
      • AGREEMENTS, PARTNERSHIPS, AND COLLABORATIONS
        • Table AGREEMENTS, PARTNERSHIPS, AND COLLABORATIONS, 2014-2015
      • MERGERS AND ACQUISITIONS
        • Table MERGERS AND ACQUISITIONS, 2013-2015
      • OTHER DEVELOPMENTS
        • Table OTHER DEVELOPMENTS, 2013-2015
  • COMPANY PROFILE
    • NEST LABS, INC.
      • BUSINESS OVERVIEW
      • PRODUCT OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • HONEYWELL INTERNATIONAL INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • ECOBEE, INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • EMERSON ELECTRIC CO.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • SCHNEIDER ELECTRIC SE
      • BUSINESS OVERVIEW
      • PRODUCT OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • TADO GMBH
      • BUSINESS OVERVIEW
      • PRODUCT OFFERED
      • RECENT DEVELOPMENTS
    • CONTROL4 CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCT OFFERED
      • RECENT DEVELOPMENTS
    • INGERSOLL RAND PLC
      • BUSINESS OVERVIEW
      • PRODUCT OFFERED
      • RECENT DEVELOPMENTS
    • CARRIER CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • NORTEK, INC.
      • BUSINESS OVERVIEW
      • PRODUCT OFFERED
      • RECENT DEVELOPMENTS
  • APPENDIX
    • INSIGHTS OF INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS

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