MarketsandMarkets Presents Publishing Date: Sep. 2015 Smart Thermostat Market worth $5.94 Billion USD by 2020, at a CAGR of 31.82% from 2015 and 2020 by Geography is estimated to be the largest market.
About our Report • The smart thermostat market is expected to witness a high-growth phase in all applications including residential, commercial, and industrial. • The residential application is expected to grow at the highest CAGR and holds the largest market share, owing to the increasing awareness among consumers about the benefits of smart thermostats. The overall smart thermostat market including hardware and service is expected to grow from USD 585.09 Million in 2014 and reach 5.9 Billion by 2020, at a CAGR of 31.82% between 2015 and 2020. • The industrial application is also growing this technology is being increasingly adopted at all levels from the warehouse to the assembly line in the industry. The recently developed second-generation smart thermostats by Nest Labs (U.S.) are being adopted in the residential application as they are easy to install have an attractive look.
Inside of Report • Browse: • 75 market data tables. • 54 figures spread through 127 pages. • in-depth TOC on “Smart Thermostat Market - Forecast to 2020”. • The product components of smart thermostats include display unit, humidity sensor, temperature sensor, motion sensor, and others. The report analyzes the market for network technologies including wired and wireless technology. • The wireless technology is further segmented into Wi-Fi, Zigbee, Z-Wave, and Bluetooth. This report also covers the major applications of smart thermostat such as residential, office building, industrial application, educational institution, retail, hospitality, and healthcare among others with qualitative as well as quantitative industry insights.
Table of Content 1 Introduction (Page No. - 15) 1.1 Objectives of the Study 1.2 Market Definition 1.3 Study Scope 1.3.1 Markets Covered 1.3.2 Years Considered for the Study 1.4 Currency 1.5 Limitations 1.6 Stakeholders. 2 Research Methodology (Page No. - 19) 2.1 Research Data 2.1.1 Secondary Data 14 Appendix (Page No. - 143) 14.1 Insights of Industry Experts 14.2 Discussion Guide 14.3 Introducing RT: Real-Time Market Intelligence 14.4 Available Customizations 14.5 Related Reports
Structured Cabling Download Free Sample Pages :- http://www.marketsandmarkets.com/pdfdownload.asp?id=266618794 This detailed market research study provides detailed qualitative and quantitative analysis of the global chemical mechanical planarization market. It provides a comprehensive review of major market drivers, restraints, opportunities,, challenges, and key issues in the market.
Company Coverage • 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.), • Nortek, Inc. (France).
Summary Smart thermostat is an emerging technology and this market has a potential for growth in various applications such as residential, industrial buildings, educational institutions, office buildings, retail, hospitality, and healthcare. The advanced features of smart thermostat, increasing demand for energy-saving devices, and the government initiative for energy saving provide an impetus for the adoption of smart thermostats all over the world. The application of this technology in residential buildings held the largest share of the market and this market is expected to grow at the highest CAGR of 35.64% between 2015 and 2020.
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