Carrier, Computime, Schneider Profiled in Thermostat Market 2025 Report - Energate, Danfoss, RTCA, Alarm.com, Trane, Venstar, Vulcanic, Seitron, Centrica, Ecobee, Lennox, Trafag, Sensata, Emerson Electric, Tado, Johnson Controls, Honeywell, Nortek, Legran

The Thermostat Market size report add detailed competitive landscape of the global Market size. It includes company Market size share analysis, product portfolio of the major industry participants. The report provides detailed segmentation of the Global Thermostat Market size based on product segment, technology, end user segment and region.

Thermostat Market share is set to surpass USD 6 billion by 2025. Regulatory restructuring across the residential and industrial establishments along with the introduction of sustainable building standards and codes will stimulate the thermostat market growth. Rapid upsurge in demand for smart home automation and energy efficient devices will positively influence the business landscape. Furthermore, increasing inclination toward advanced & IoT enabled solutions coupled with rising consumer awareness pertaining to climate change will significantly increase the product penetration.

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The U.S. thermostat market is set to exceed installation of 24 million units by 2025. Stipulation of stringent regulatory mandates along with increasing infrastructure investments toward the refurbishment of residential sector will foster the industry growth. For instance, as stated by the Building Technologies Office 75% of U.S. infrastructure will be new or refurbished by 2035. In addition, increasing penetration of ZigBee and Near Field Communication smart home automation devices coupled with the rising weather-related disasters will complement the business outlook.

Product versatility & diverse applicability across several smart voice assistants including Google Home & Echo will drive the smart thermostat market growth. These systems are self-learning devices and know the amount of time required for heating and cooling the buildings. The escalating adoption of home automation devices has led the industry participants & manufacturers to shift their focus toward innovation and expansion of advanced systems.

Utility thermostat market is predicted to surpass USD 500 million by 2025. The initiation of several programs to provide incentives, subsidies or other discounts pertaining to the installation of home automation systems will encourage the product adoption. The distribution channel has provided various schemes to customers including ?Bring Your Own Thermostat? to further strengthen their revenues. Furthermore, increasing penetration of home automation systems and smart home devices along with escalating consumer awareness to remunerate for advanced monitoring solutions will fuel the market growth.

Easy communication capabilities, compatibility with other energy systems and remote control & visibility, are some of the essential parameters encouraging the product demand across commercial application. Compact design and simple, intuitive interface makes it suitable for condominiums, schools and hotels. Increasing investments pertaining to sustainable building infrastructure along with the enforcement of stringent emission norms will foster the thermostat market.

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Europe thermostat market will onlook growth owing to extensive expansion of energy efficient data centers along with increasing construction of smart homes. In addition, introduction of emission compliances and stringent energy regulations to ensure smart energy consumption will augment the industry growth.

Eminent players serving the thermostat market involves Carrier, Computime, Schneider, Energate, Danfoss, RTCA, Alarm.com, Trane, Venstar, Vulcanic, Seitron, Centrica, Ecobee, Lennox, Trafag, Sensata, Emerson Electric, Tado, Johnson Controls, Honeywell, Nortek, Legrand, and Nest.

Report Content

Chapter 1 Methodology & Scope

1.1 Methodology

1.2 Market definitions

1.3 Market estimates & forecast parameters

1.4 Data Sources

1.4.1 Primary

1.4.2 Secondary

1.4.2.1 Paid sources

1.4.2.2 Public sources

Chapter 2 Executive Summary

2.1 Thermostat market 360 degree synopsis, 2014 - 2025

2.1.1 Business trends

2.1.2 Product trends

2.1.3 Distribution channel trends

2.1.4 Mode of operation trends

2.1.5 Application trends

2.1.6 Regional trends

Chapter 3 Thermostat Market Industry Insights

3.1 Industry segmentation

3.2 Industry landscape, 2014 - 2025 (USD Million)

3.3 Industry ecosystem analysis

3.3.1 Vendor Matrix

3.4 Innovation & sustainability

3.4.1 Ecobee

3.4.2 Lennox

3.4.3 Alarm.com

3.4.4 Carrier Corporation

3.4.5 Schneider Electric

3.5 Regulatory Landscape

3.5.1 North America

3.5.1.1 U.S.

3.5.1.1.1 Limitations for Homes with Heat Pumps, Electric Resistance Heating, Steam Heat, and Radiant Floor Heating

3.5.1.1.2 Department of Energy & Environment (DOEE)

3.5.1.1.2.1 Energy Tips for Institutional and Government Buildings

3.5.1.1.3 Product Stewardship Institute (PSI)

3.5.1.1.4 Thermostat Recycling Corporation (TRC)

3.5.1.1.5 UL 873

3.5.1.1.5.1 Standard for Temperature-Indicating and -Regulating Equipment

3.5.1.1.6 Mercury Thermostat Collection Act

3.5.1.1.7 Building Energy Efficiency Standards for Residential and Non-residential Buildings

3.5.2 Canada

3.5.2.1 Canadian Environmental Protection Act, 1999

3.5.3 Europe

3.5.3.1 European Commission

3.5.3.2 Directive 2009/125/EC

3.5.3.3 United Kingdom

3.5.3.3.1 The UK's National Energy Efficiency Action Plan

3.5.3.3.2 CRC (Carbon Reduction Commitment) Energy Efficiency Schemes

3.5.3.3.3 Department for Business, Energy & Industrial Strategy New standards for domestic boiler installations

3.5.3.4 Germany

3.5.3.4.1 German Energy Saving Ordinance (EnEV)

3.5.3.4.2 Energy Concept-The Energy Strategy

3.5.3.4.3 Energy Concept-Part Buildings

3.5.4 Asia Pacific

3.5.4.1 China

3.5.4.1.1 China Medium and Long-Term Energy Conservation Plan

3.5.4.1.2 Regulation on Energy Conservation in Civil Buildings

3.5.4.2 Indonesia

3.5.4.2.1 Energy Conservation (Government Regulation No. 70/2009)

3.5.4.3 Malaysia

3.5.4.3.1 Energy Efficiency and Use of Renewable Energy for Residential Buildings - Code of practice

3.6 Customer requirement

3.7 Customer group requirement

3.7.1 Residential & Commercial

3.7.2 Industrial

3.8 Entry barriers

3.9 Top ten vendors for smart thermostat

3.10 Price trend analysis

3.11 Consumer buying behaviour toward thermostat

3.12 Competitive benchmarking

3.13 Industry impact forces

3.13.1 Growth drivers

3.13.1.1 Increasing demand for energy efficient devices

3.13.1.2 Increasing investments toward smart homes

3.13.1.3 Rapid urbanization and industrialization

3.13.2 Industry pitfalls & challenges

3.13.2.1 High capital, installation & maintenance costs

3.14 Growth potential analysis

3.15 Degree of competition

3.15.1 North America

3.15.2 Europe

3.15.3 Asia Pacific

3.15.4 Middle East & Africa

3.15.5 Latin America

3.16 Porter's Analysis

3.17 Competitive landscape, 2018

3.17.1 Strategy dashboard

3.17.1.1 Honeywell Corporation

3.17.1.1.1 Product Launch

3.17.1.2 Nest Labs

3.17.1.2.1 Product Launch

3.17.1.2.2 Business Expansion

3.17.1.3 Trane

3.17.1.3.1 Acquisition

3.17.1.4 Emerson Electric

3.17.1.4.1 Product Launch

3.17.1.5 Carrier Corporation

3.17.1.5.1 Product Innovation

3.17.1.5.2 Product Expansion

3.17.1.6 Ecobee

3.17.1.6.1 Product Launch

3.17.1.6.2 Business Funding

3.17.1.7 Legrand SA

3.17.1.7.1 Acquisition

3.17.1.8 Centrica Plc

3.17.1.8.1 Business Expansion

3.17.1.9 Johnson Controls

3.17.1.9.1 Acquisition

3.18 PESTEL Analysis

Chapter 4 Thermostat Market, By Product

4.1 Thermostat market share by product, 2018 & 2025

4.2 Smart thermostat

4.2.1 Global market from smart thermostat, 2014 - 2025

4.2.2 Global market from smart thermostat, by region, 2014 - 2025

4.3 Mechanical thermostat

4.3.1 Global market from mechanical thermostat, 2014 - 2025

4.3.2 Global market from mechanical thermostat, by region, 2014 - 2025

4.4 Programable thermostat

4.4.1 Global market from programable thermostat, 2014 - 2025

4.4.2 Global market from programable thermostat, by region, 2014 - 2025

4.5 Others

4.5.1 Global market from others, 2014 - 2025

4.5.2 Global market from others, by region, 2014 - 2025

Chapter 5 Thermostat Market, By Distribution Channel

5.1 Thermostat market share by distribution channel, 2018 & 2025

5.2 Utility

5.2.1 Global market from utility, 2014 - 2025

5.2.2 Global market from utility, by region, 2014 - 2025

5.3 Retail

5.3.1 Global market from retail, 2014 - 2025

5.3.2 Global market from retail, by region, 2014 - 2025

5.4 Security

5.4.1 Global market from security, 2014 - 2025

5.4.2 Global market from security, by region, 2014 - 2025

5.5 HVAC

5.5.1 Global market from HVAC, 2014 - 2025

5.5.2 Global market from HVAC, by region, 2014 - 2025

Complete report titled at https://www.marketstudyreport.com/reports/thermostat-market

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