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Global Smart Thermostat Market Research Report: Forecast (2021-2026) - MarkNtel

According to MarkNtel Advisors research report Global Smart Thermostat Market Analysis 2021 the market is likely to grow at a CAGR of around 19% during 2021-2026F.<br><br>Full Report - https://www.marknteladvisors.com/research-library/global-smart-thermostat-market.html

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Global Smart Thermostat Market Research Report: Forecast (2021-2026) - MarkNtel

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  1. Global Smart Thermostat Market Analysis, 2021

  2. Document Outline Table of Content Market Segmentation, Scope of Work 02 Research Process & Methodology Key questions answered in the report, Research process, Primary Research, Secondary Research, Respondent Profile 17 Sample Pages Global Smart Thermostat Market Analysis, 2021 24 Commercials 52 Company Profile About the company 54 Contact Details 56

  3. Market Segmentation Global Smart Thermostat Market By End User By Company By Technology By Region • Wireless • Bluetooth • Wifi • ZigBee • Z-Wave • Wired • Residential • Industrial • Retail • Hospitality • Education • Office Building • Healthcare • Others (Government, etc.) • Emerson Electric Co. • Nest Labs • GridPoint, Inc. • Tado GmbH • Honeywell International • Computime Group Ltd. • Schneider Electric SE • Radio Thermostat Company of America • Ecobee, Inc. • Control4 Corporation • Carrier Corporation • Siemens AG • Johnson Controls • Zen Ecosystems • Resideo Technologies, Inc. • North America • The US • Canada • South America • Brazil • Others • Europe • Germany • The UK • France • Spain • Russia • Others • Asia-Pacific • India • China • Japan • Australia • Others • Middle East & Africa • UAE • Saudi Arabia • South Africa • Others By Component • Sensor • Temperature Sensor • Motion Sensors • Humidity Sensors • Display • Others

  4. Historical Year: (2016-19) Base Year: 2020 Forecast Year: (2021-26) Table of Content (1/13)

  5. Historical Year: (2016-19) Base Year: 2020 Forecast Year: (2021-26) Table of Content (2/13)

  6. Historical Year: (2016-19) Base Year: 2020 Forecast Year: (2021-26) Table of Content (3/13)

  7. Historical Year: (2016-19) Base Year: 2020 Forecast Year: (2021-26) Table of Content (4/13)

  8. Historical Year: (2016-19) Base Year: 2020 Forecast Year: (2021-26) Table of Content (5/13)

  9. Historical Year: (2016-19) Base Year: 2020 Forecast Year: (2021-26) Table of Content (6/13)

  10. Historical Year: (2016-19) Base Year: 2020 Forecast Year: (2021-26) Table of Content (7/13)

  11. Historical Year: (2016-19) Base Year: 2020 Forecast Year: (2021-26) Table of Content (8/13)

  12. Historical Year: (2016-19) Base Year: 2020 Forecast Year: (2021-26) Table of Content (9/13)

  13. Historical Year: (2016-19) Base Year: 2020 Forecast Year: (2021-26) Table of Content (10/13)

  14. Historical Year: (2016-19) Base Year: 2020 Forecast Year: (2021-26) Table of Content (11/13)

  15. Historical Year: (2016-19) Base Year: 2020 Forecast Year: (2021-26) Table of Content (12/13)

  16. Historical Year: (2016-19) Base Year: 2020 Forecast Year: (2021-26) Table of Content (13/13)

  17. Document Outline Table of Content Market Segmentation, Scope of Work 02 Research Process & Methodology Key questions answered in the report, Research process, Primary Research, Secondary Research, Respondent Profile 17 Sample Pages Global Smart Thermostat Market Analysis, 2021 24 Commercials 52 Company Profile About the company 54 Contact Details 56

  18. Global Smart Thermostat Market Outlook, 2016-2026F

  19. Global Smart Thermostat Market Analysis, 2016-2026F • Figure XX: Global Smart ThermostatIndustry Revenues (USD Million), 2016- 2026F Revenue:XX% Revenue: AroundXX% Source: MarkNtel Advisors, E: Estimated, F: Forecast • Global smart thermostat market is snowballing over the last couple of years. The growing demand for energy-efficient technology is contributing to the growth of the global market also Smart thermostats assist the customers to reduce electricity consumption,. • In 2019, smartphone penetration was 65% globally, which is expected to reach 80% by 2025, as reported by the GSM Association. The increasing purchase of smartphones and growing awareness about smart thermostats amid end-users such as corporate offices, residential, healthcare, among others, are the main factors that would support to mushroom the global market at a CAGR of XX% during 2021-26. However, in 2020, the declined consumers' spending, deferred construction projects, and insufficient supply of materials due to the eruption of COVID-19 impacted the demand and supply of smart thermostats worldwide. Thus, the global market has witnessed the Market at a Glance

  20. Global Smart Thermostat Market, By Technology (1/4) • Figure XX: Global Smart Thermostat Market Revenue Share (%) 2020 & 2026, & Market Revenue (USD Million), By Technology, 2016- 2026F • Market Share, By Technology • Market Size, By Technology (USD Million) Inner Circle: 2020; Outer Circle: 2026 Source: MarkNtel Advisors *These are dummy charts and do not represent actual value • Wireless Technology is Gaining Popularity in Global Market • Global smart thermostat market is bifurcated by technology into wired and wireless. The installation of wireless smart thermostats is increasing across the globe due to factors such as cost-effectiveness, flexibility, easy installation, and less maintenance. While less price associated with wired technology-based solution is augmenting the market revenue of the wired segment through 2016. • Wireless technology enables end-users to operate smart thermostats from remote locations through the internet, hence, the sale of wireless connected smart thermostats is driving in the global market.

  21. Global Smart Thermostat Market, By Component (1/4) • Figure XX: Global Smart Thermostat Market Revenue Share (%) 2020 & 2026, & Market Revenue (USD Million), By Component, 2016- 2026F • Market Share, By Component • Market Size, By Component (USD Million) Inner Circle: 2020; Outer Circle: 2026 Source: MarkNtel Advisors *These are dummy charts and do not represent actual value • Market Insights • Global smart thermostat market is divided by components into sensor, display, and other. Sensor plays an essential role in a smart thermostat to identify the temperature requirement in every room, which leads to control the cooling and heating devices on a room by room basis. The growing demand for temperature sensor due to the ability to control cooling and heating according to specific temperature requirement has been mounting the market revenue of the sensor segment since 2016. • The public and private partnership have been supporting to bring several new projects in commercial, government, industrial verticals in

  22. Global Smart Thermostat Market,Growth Analysis By Component (3/4) • Figure XX: Global Smart Thermostat Market Opportunity Metrix, By Revenues By Component, 2021-26 XX Growth, XX Market Share High 1. Display XX Market Share Analysis • The government initiative would support the segment to grow at a CAGR of XX% during 2021-2026. For instance: In 2020, the UK government launched the Green Homes Grant scheme intending to assist homeowners to install energy-efficient solutions. The government provides funding USD 6000 to 12,000 to low-income homes and the scheme would run until March 31, 2022. • The hotel construction in regions such as the Middle East, South America, Asia-Pacific is mushrooming the sale of smart thermostats. Radisson Hotel Group planned to open six hotels in Saudi Arabia in the forthcoming years. Other Market Share (%) XX Low High CAGR 2021-2026F Source: MarkNtel Advisors,

  23. Global Smart Thermostat MarketRevenue Share, By Company • Figure XX: Global Smart Thermostat MarketRevenue Share (%), By Company, 2020 • Others (USD XXXX Million) • XXXX • XXXX • XXXX • Emerson Electric Co. (USD XXX Million) • The company offers a wide range of smart thermostat components for residential and commercial end-users and the company has a presence in the global market. These factors assist the company to maintain its position among leading players. • TadoGmbH (USD XXXX Million) • XXXXX • XXXXX • XXXXX • Siemens AG (USD XXX Million) • XXXXX • XXXXX • XXXXX USD XX Billion • GridPoint, Inc. (USD XXX Million) • XXXXXX • XXXXXX • XXXXXX • Nest Labs (USD XXX Million) • XXXXX • XXXXX • XXXXX • Source: MarkNtel Advisors Primary Surveys, Annual Reports, Press Releases

  24. North America Smart Thermostat Market Outlook, 2016-2026F

  25. North America Smart Thermostat Market Analysis, 2016-2026F • Figure XX: North America Smart ThermostatIndustry Revenues (USD Million), 2016- 2026F Revenue:XX% Revenue: XX% Source: MarkNtel Advisors, E: Estimated, F: Forecast • North America grabbed the highest market share in the global smart thermostat market during 2016-2020, and the market domination is expected to continue in the coming years. The surging energy consumption due to the growing adoption of electronics products is generating the need for smart products that helps to reduce electricity consumption. Hence, expected that the demand for smart thermostats would escalate among residential, industrial, and corporate offices in the region. • The US and Canada are the major countries that would snowball the North American market. The continuously expanding smart infrastructure development is a significant driver in promoting the growth of smart thermostats in these countries. • The increasing spending on advanced technologies and companies' focus to expand their business in the region is surging the sales of North America Dominated the Global Market

  26. North America Smart Thermostat Market, By Technology (1/4) • Figure XX: North America Smart Thermostat Market Revenue Share (%) 2020 & 2026, & Market Revenue (USD Million), By Technology, 2016- 2026F • Market Share, By Technology • Market Size, By Technology (USD Million) Inner Circle: 2020; Outer Circle: 2026 Source: MarkNtel Advisors *These are dummy charts and do not represent actual value • Market Overview • Wireless smart thermostat is attracting a large number of end-users for heating and cooling system. However, the strong distribution network and availability of wired smart thermostats through several sales channels include online and offline in the region has been generating the demand for wired solutions through 2016. • 5G communication technology increases the speed of the network and enhances bandwidth. The rollout of 5G services in the North American countries is supposed to escalate the adoption of wireless connected smart thermostats amid end-users by 2026.

  27. North America Smart Thermostat Market, By Component (1/4) • Figure XX: North America Smart Thermostat Market Revenue Share (%) 2020 & 2026, & Market Revenue (USD Million), By Component, 2016- 2026F • Market Share, By Component • Market Size, By Component (USD Million) Inner Circle: 2020; Outer Circle: 2026 Source: MarkNtel Advisors *These are dummy charts and do not represent actual value • Market Insights • The smart cities comprise residential units, hospitals, hotels, retail units, among others. The development of smart cities in countries including the USA, Canada, and Mexico have been soaring the procurement of smart thermostats, hence, the demand for sensors and display is augmenting over the last couple of years. For instance: Innovation Park, Belmont, Union Point, Sidewalk Toronto, Smart Forest City are proposed smart cities in the region, and various smart cities would propose in the coming years. • The embedded of advanced technology such as artificial intelligence, the internet of things, machine learning, etc., in smart thermostats

  28. North America Smart Thermostat Market,Growth Analysis By Component (3/4) • Figure XX: North America Smart Thermostat Market Opportunity Metrix, By Revenues By Component, 2021-26 XX Growth, XX Market Share High 1. Sensor XX Market Share Analysis • The growth of the segment would flourish by the loosen government policies. For instance: the requirement of government permit to construct infrastructure in the country delays the construction activities that are supposed to soar the construction cost. The government plan to ease the regulation on construction projects is expected to surge the development of the commercial and industrial units that would proliferate the demand for smart thermostats in the region. With the rising installation of smart thermostats, the demand for sensors would snowball during the forecast period 2021-26. Market Share (%) XX Low High CAGR 2021-2026F Source: MarkNtel Advisors,

  29. Document Outline Table of Content Market Segmentation, Scope of Work 02 Research Process & Methodology Key questions answered in the report, Research process, Primary Research, Secondary Research, Respondent Profile 17 Sample Pages Global Smart Thermostat Market Analysis, 2021 24 Commercials 52 Company Profile About the Company 54 Contact Details 56

  30. +1 (613) 707-5086, +91 8719999009 sales@marknteladvisors.com

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