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Thermostat Market expected to grow strongly by 2025|Seitron, Centrica, Ecobee, Lennox, Honeywell, Tado, Venstar, Trafag, Sensata, Vulcanic, Emerson, Carrier, Danfoss, Johnson Controls, Computime, RTCA, Nortek, Schneider, Alarm.com, Legrand, Energate, Tran

Thermostat Market expected to grow strongly by 2025|Seitron,

Global Market Insights, Inc. recently introduced new title on “2019-2025 Thermostat Market Report” from its database. The report provides study with in-depth overview, describing about the Product, Industry Scope and elaborates market outlook and status to 2025.

The escalating development of sustainable codes and standards across residential and industrial buildings is bound to majorly propel the thermostat market growth. Not to mention, this industry has also been receiving momentum from the rapid advancements in heating and cooling technologies, that are being installed in most modern homes and buildings lately, to offer added comfort to residents, specifically in regions experiencing extreme cold or heat waves. Indeed, thermostats play a key role in the functioning of these systems as they offer efficient monitoring and control over temperature.

• 500 pages
• 887 market data tables
• 44 figures & charts

Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/3116

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

Advancements in energy-efficient temperature systems and smart home automation devices will thus positively influence the demand for this product, propelling thermostat industry growth. Another pivotal factor that would augment the market trends is the growing customer concern regarding climate change along with the rapid proliferation of IoT.
Speaking of the various products disrupting the market, it is prudent to mention smart thermostats – these are likely to gain mainstream attention in the years to come on account of the rising adoption of IoT and cloud technology along with their compatibility with various smart home assistants like Google Home & Amazon Echo. Coupled with a Wi-Fi module, a smart thermostat system can connect to the user’s home or office network to offer interface via the cloud, thereby allowing remote temperature control and monitoring over the unit.

Make an Inquiry for purchasing this report @https://www.gminsights.com/inquiry-before-buying/3116

The product also allows users to vary temperature parameters using a smart thermostat dedicated mobile app, and to collect useful insights regarding the device that would certainly improve the user’s quality of living. The product has seemingly found long-term application in heating and cooling appliances like HVAC, water heater systems and more, that has helped augment the smart thermostat industry growth.

The residential sector is likely to emerge as a pivotal growth avenue for the global thermostat market in the ensuing years, driven by the rising implementation of energy-efficient small-scale heating and cooling systems. According to the U.S. Energy Information Administration (EIA) reports, in 2018, the use of electricity for space cooling in the residential sector was about 214 billion kWh, which is equal to about 15% of total residential sector electricity consumption and 5% of total U.S. electricity consumption. These figures can be appreciable lowered by adopting smart thermostats which help reduce energy consumption while increasing the efficiency of household products. The smart thermostat also regulates the temperature in buildings in a smarter way than conventional thermostats and further offers added savings in customers’ electric bills.

Browse Complete Summary of this report @https://www.gminsights.com/industry-analysis/thermostat-market

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
• Seitron
• Centrica
• Ecobee
• Lennox
• Honeywell
• Tado
• Venstar
• Trafag
• Sensata
• Vulcanic
• Emerson
• Carrier
• Danfoss
• Johnson Controls
• Computime
• RTCA
• Nortek
• Schneider
• Alarm.com
• Legrand
• Energate
• Trane
• Nest

The increasing adoption of smart home automation systems has also led industry participants & core manufacturers to shift their focus toward the expansion and innovation of advanced devices. The development of advanced techniques, such as speech recognition, machine learning and motion detection, indicate lucrative opportunities for thermostat applications across the residential sector. The advent of cost-effective products coupled with growing investments toward smart homes will positively influence the overall thermostat industry trends.

Lately, smart thermostats have been found to come with Wi-Fi and cloud connectivity which delivers remote controlling features and data insights to users on mobile via an app. The product is mostly used for space heating and cooling controls, and is extremely ideal for central air conditioners & HVAC systems. Powered by the extensive deployment of smart home automation systems and the rising acceptance of advanced IoT solutions, the thermostat market size is expected to surpass $6 billion by 2025, according to Global Market Insights, Inc.

Partial Table of Contents (ToC) of the report:

Chapter 6 Thermostat Market, By Mode of Operation

6.1 Thermostat market share by mode of operation, 2018 & 2025

6.2 Low voltage

6.2.1 Global market from low voltage, 2014 – 2025

6.2.2 Global market from low voltage, by region, 2014 - 2025

6.3 Line voltage

6.3.1 Global market from line voltage, 2014 – 2025

6.3.2 Global market from line voltage, by region, 2014 - 2025

6.4 Millivolt

6.4.1 Global market from millivolt, 2014 – 2025

6.4.2 Global market from millivolt, by region, 2014 - 2025

Chapter 7 Thermostat Market, By Application

7.1 Thermostat market share by application, 2018 & 2025

7.2 Residential

7.2.1 Global market from residential, 2014 – 2025

7.2.2 Global market from residential, by region, 2014 - 2025

7.3 Commercial

7.3.1 Global market from commercial, 2014 – 2025

7.3.2 Global market from commercial, by region, 2014 - 2025

7.3.3 Educational Institutes

7.3.3.1 Global market from educational institutes, 2014 – 2025

7.3.3.2 Global market from educational institutes, by region, 2014 - 2025

7.3.4 Office buildings

7.3.4.1 Global market from office buildings, 2014 – 2025

7.3.4.2 Global market from office buildings, by region, 2014 - 2025

7.3.5 Retail

7.3.5.1 Global market from retail, 2014 – 2025

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

7.3.6 Hospitals

7.3.6.1 Global market from hospitals, 2014 – 2025

7.3.6.2 Global market from hospitals, by region, 2014 - 2025

7.3.7 Others

7.3.7.1 Global market from others, 2014 – 2025

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

7.4 Industrial

7.4.1 Global market from industrial, 2014 – 2025

7.4.2 Global market from industrial, by region, 2014 - 2025

Related Report:
Hydraulic Cylinder Market Size By Function (Single Acting, Double Acting), By Product (Tie rod, Welded), By Application (Mobile, Industrial), Industry Analysis Report, Regional Outlook (U.S., Canada, Mexico, Germany, UK, Italy, Russia, Belarus, Kazakhstan, Armenia, Kyrgyzstan, Azerbaijan, Moldova, Tajikistan, Turkmenistan, Ukraine, Uzbekistan, China, Japan, India, Brazil, Argentina), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2025
https://www.gminsights.com/industry-analysis/hydraulic-cylinder-market

About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: www.gminsights.com

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