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Impact of COVID-19 on Demand and Sales of Smart Thermostat in Global Market 2019-2026 | Business Development Strategies by Emerson Electric Co., Ecobee, HoneywelL International Inc., Johnson Controls, Nest Labs, Netatmo, Schneider Electric, Siemens AG

08-05-2020 06:27 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Allied Market Research

Smart Thermostat Market

Smart Thermostat Market

According to a recent report published by Allied Market Research, titled, " Smart Thermostat Market by Technology, Application, and End Use: Global Opportunity Analysis and Industry Forecast, 2019-2026," the global smart thermostat market size was valued at $1.36 billion in 2018, and is projected to reach $8.78 billion by 2026, to register a CAGR of 26.0% during the smart thermostat market forecast.

The research offers an extensive analysis of key players active in the global Smart Thermostat Market. Detailed analysis on operating business segments, product portfolio, business performance, and key strategic developments is offered in the research.

The major companies profiled in the Smart Thermostat Market include Emerson Electric Co., Ecobee, HoneywelL International Inc., Johnson Controls, Nest Labs, Netatmo, Schneider Electric, Siemens AG, Tado, and Zen Thermostat.

COVID-19 Pandemic disrupted the entire world and affected many industries.

Get detailed COVID-19 impact analysis on the Smart Thermostat Market at

These players have adopted various strategies including expansions, mergers & acquisitions, joint ventures, new product launches, and collaborations to gain a strong position in the industry.

Key Benefits from Smart Thermostat Market Report 2019-2026:

o The report provides a qualitative and quantitative analysis of the current Smart Thermostat Market trends, forecasts, and market size from 2019 to 2026 to determine new opportunities.

o Porter's Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make strategic business decisions and determine the level of competition in the industry.

o Top impacting factors & major investment pockets are highlighted in the research.

o The major countries in each region are analyzed and their revenue contribution is mentioned.

o The market player positioning segment provides an understanding of the current position of the market players active in the Smart Thermostat Market.

Download PDF Sample of 300 Pages Research Report with Insights @

The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter's Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the industry and determine steps to be taken to gain competitive advantage.

COVID-19 Pandemic disrupted the entire world and affected many industries.

Get detailed COVID-19 impact analysis on the Smart Thermostat Market @

The report offers key drivers that propel the growth in the global Smart Thermostat Market. These insights help market players in devising strategies to gain market presence. The research also outlined restraints of the market. Insights on opportunities are mentioned to assist market players in taking further steps by determining potential in untapped regions.

The research offers a detailed segmentation of the global Smart Thermostat Market. Key segments analyzed in the research include Type, Applications, and geography. Extensive analysis of sales, revenue, growth rate, and market share of each segment for the historic period and the forecast period is offered with the help of tables.

The Smart Thermostat Market is analyzed based on regions and competitive landscape in each region is mentioned. Regions discussed in the study include North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa). These insights help to devise strategies and create new opportunities to achieve exceptional results.

For Purchase Enquiry at:

Key offerings of the report:

o Key drivers & Opportunities: Detailed analysis on driving factors and opportunities in different segments for strategizing.

o Current trends & forecasts: Comprehensive analysis on latest trends, development, and forecasts for next few years to take next steps.

o Segmental analysis: Each segment analysis and driving factors along with revenue forecasts and growth rate analysis.

o Regional Analysis: Thorough analysis of each region help market players devise expansion strategies and take a leap.

o Competitive Landscape: Extensive insights on each of the leading market players for outlining competitive scenario and take steps accordingly.

Access Report Summary:

Global Smart Thermostat Market Segmentation:

By Type

• WiFi
• Infrared
• Bluetooth
• Others

By Application

• Split AC
• Window AC
• Portable AC
• Others

By End Use

• Residential
• Commercial
• Industrial
• others

By Region

• North America

o U.S.
o Canada
o Mexico

• Europe

o UK
o Germany
o France
o Russia
o Rest of Europe

• Asia-Pacific

o China
o Japan
o India
o Australia
o Rest of Asia-Pacific


o Latin America
o Middle East
o Africa


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About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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