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Learn details of the smart thermostats market to grow at 19.00% CAGR by 2021

Energy Market Research

One of the major drivers for Smart Thermostats market is Growth in number of HVAC equipment users. HVAC systems are being increasingly adopted globally for their energy efficiency.

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Smart Thermostats Market 2017-2021 is new research report added on This report covers the present scenario and the growth prospects of the global smart thermostats market for 2017-2021.

The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

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The analysts forecast global smart thermostats market to grow at a CAGR of 19.00% during the period 2017-2021. Smart thermostats are devices that are connected to home automation systems and are used to regulate the temperature within an enclosed area.

Smart thermostats combine software, sensors, Wi-Fi connectivity, algorithms, and user-friendly interfaces to aid in conserving energy and energy costs. These thermostats are used in both commercial and residential settings.

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This report, Global Smart Thermostats Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years.

The report also includes a discussion of the key vendors operating in this market.

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Key players in the global smart thermostats market: Carrier, ecobee, Emerson, Honeywell International, and Nest Labs. Other Prominent Vendors in the market are: Bosch Thermotechnology, Centrica, Climate, Computime, EcoFactor, GridPoint, Ingersoll-Rand, LUXPRO, Netatmo, Quby, Radio Thermostat Company of America, Robertshaw Climate, Schneider Electric, tado�.�, and Venstar.

Market driver

  • Growth in number of HVAC equipment users
  • For a full, detailed list, view our report

Market challenge

  • High initial prices affect the demand for smart thermostats
  • For a full, detailed list, view our report

Market trend

  • Limited penetration of smart thermostats in APAC
  • For a full, detailed list, view our report

Key questions answered in this report

  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?

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