Thermostats Market
Thermostats Market - Global Industry Assessment & Forecast
#
Pages:
280
Base Year:
2023
Sep - 2024
Format:
Report Code:
VMR-VMR-2021-0788
Segments Covered
By
Product Smart Thermostat, Mechanical Thermostat, Programmable Thermostat, Intrinsic Thermostat, Others
-
By
Deployment Wired, Wireless
-
By
Application Industrial, Commercial, Residential
-
By
Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
 Base Year:
|
2023 |
| Forecast
Years:
|
2024 - 2032 |
 Historical
Years:
|
2018 - 2022 |
 Revenue
2023: |
USD 5.55 Billion |
 Revenue 2032:
|
USD 17.1 Billion |
 Revenue CAGR
(2024 - 2032): |
13.3% |
Fastest Growing Region (2024 -
2032)
|
Asia Pacific |
Largest Region (2023):
|
North America |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
Thermostats Market Segment Analysis
- Thermostats Product Outlook (Revenue, USD Million, 2018 - 2030)
- Smart Thermostat
- Mechanical Thermostat
- Programmable Thermostat
- Intrinsic Thermostat
- Others
- Thermostats Deployment Outlook (Revenue, USD Million, 2018 - 2030)
- Wired
- Wireless
- Thermostats Application Outlook (Revenue, USD Million, 2018 - 2030)
- Industrial
- Commercial
- Residential
-
Regional Outlook (Revenue, USD Billion/Million, 2018 - 2030)
- North America
-
North America Thermostats Market, by Product
- Smart Thermostat
- Mechanical Thermostat
- Programmable Thermostat
- Intrinsic Thermostat
- Others
-
North America Thermostats Market, by Deployment
- Wired
- Wireless
-
North America Thermostats Market, by Application
- Industrial
- Commercial
- Residential
- U.S.
- U.S. Thermostats Market, by Product
- Smart Thermostat
- Mechanical Thermostat
- Programmable Thermostat
- Intrinsic Thermostat
- Others
- U.S. Thermostats Market, by Deployment
- Wired
- Wireless
- U.S. Thermostats Market, by Application
- Industrial
- Commercial
- Residential
- U.S. Thermostats Market, by Product
- Canada
- Canada Thermostats Market, by Product
- Smart Thermostat
- Mechanical Thermostat
- Programmable Thermostat
- Intrinsic Thermostat
- Others
- Canada Thermostats Market, by Deployment
- Wired
- Wireless
- Canada Thermostats Market, by Application
- Industrial
- Commercial
- Residential
- Canada Thermostats Market, by Product
-
Mexico
- Mexico Thermostats Market, by Product
- Smart Thermostat
- Mechanical Thermostat
- Programmable Thermostat
- Intrinsic Thermostat
- Others
- Mexico Thermostats Market, by Deployment
- Wired
- Wireless
- Mexico Thermostats Market, by Application
- Industrial
- Commercial
- Residential
- Mexico Thermostats Market, by Product
-
North America Thermostats Market, by Product
- Europe
-
Europe Thermostats Market, by Product
- Smart Thermostat
- Mechanical Thermostat
- Programmable Thermostat
- Intrinsic Thermostat
- Others
-
Europe Thermostats Market, by Deployment
- Wired
- Wireless
-
Europe Thermostats Market, by Application
- Industrial
- Commercial
- Residential
- U. K.
- U.K. Thermostats Market, by Product
- Smart Thermostat
- Mechanical Thermostat
- Programmable Thermostat
- Intrinsic Thermostat
- Others
- U.K. Thermostats Market, by Deployment
- Wired
- Wireless
- U.K. Thermostats Market, by Application
- Industrial
- Commercial
- Residential
- U.K. Thermostats Market, by Product
- France
- France Thermostats Market, by Product
- Smart Thermostat
- Mechanical Thermostat
- Programmable Thermostat
- Intrinsic Thermostat
- Others
- France Thermostats Market, by Deployment
- Wired
- Wireless
- France Thermostats Market, by Application
- Industrial
- Commercial
- Residential
- France Thermostats Market, by Product
-
Germany
- Germany Thermostats Market, by Product
- Smart Thermostat
- Mechanical Thermostat
- Programmable Thermostat
- Intrinsic Thermostat
- Others
- Germany Thermostats Market, by Deployment
- Wired
- Wireless
- Germany Thermostats Market, by Application
- Industrial
- Commercial
- Residential
- Germany Thermostats Market, by Product
-
Italy
- Italy Thermostats Market, by Product
- Smart Thermostat
- Mechanical Thermostat
- Programmable Thermostat
- Intrinsic Thermostat
- Others
- Italy Thermostats Market, by Deployment
- Wired
- Wireless
- Italy Thermostats Market, by Application
- Industrial
- Commercial
- Residential
- Italy Thermostats Market, by Product
-
Spain
- Spain Thermostats Market, by Product
- Smart Thermostat
- Mechanical Thermostat
- Programmable Thermostat
- Intrinsic Thermostat
- Others
- Spain Thermostats Market, by Deployment
- Wired
- Wireless
- Spain Thermostats Market, by Application
- Industrial
- Commercial
- Residential
- Spain Thermostats Market, by Product
-
Rest of Europe
- Rest of Europe Thermostats Market, by Product
- Smart Thermostat
- Mechanical Thermostat
- Programmable Thermostat
- Intrinsic Thermostat
- Others
- Rest of Europe Thermostats Market, by Deployment
- Wired
- Wireless
- Rest of Europe Thermostats Market, by Application
- Industrial
- Commercial
- Residential
- Rest of Europe Thermostats Market, by Product
-
Europe Thermostats Market, by Product
- Asia Pacific
-
Asia Pacific Thermostats Market, by Product
- Smart Thermostat
- Mechanical Thermostat
- Programmable Thermostat
- Intrinsic Thermostat
- Others
-
Asia Pacific Thermostats Market, by Deployment
- Wired
- Wireless
-
Asia Pacific Thermostats Market, by Application
- Industrial
- Commercial
- Residential
- China
- China Thermostats Market, by Product
- Smart Thermostat
- Mechanical Thermostat
- Programmable Thermostat
- Intrinsic Thermostat
- Others
- China Thermostats Market, by Deployment
- Wired
- Wireless
- China Thermostats Market, by Application
- Industrial
- Commercial
- Residential
- China Thermostats Market, by Product
- Japan
- Japan Thermostats Market, by Product
- Smart Thermostat
- Mechanical Thermostat
- Programmable Thermostat
- Intrinsic Thermostat
- Others
- Japan Thermostats Market, by Deployment
- Wired
- Wireless
- Japan Thermostats Market, by Application
- Industrial
- Commercial
- Residential
- Japan Thermostats Market, by Product
-
Germany
- Germany Thermostats Market, by Product
- Smart Thermostat
- Mechanical Thermostat
- Programmable Thermostat
- Intrinsic Thermostat
- Others
- Germany Thermostats Market, by Deployment
- Wired
- Wireless
- Germany Thermostats Market, by Application
- Industrial
- Commercial
- Residential
- Germany Thermostats Market, by Product
-
India
- India Thermostats Market, by Product
- Smart Thermostat
- Mechanical Thermostat
- Programmable Thermostat
- Intrinsic Thermostat
- Others
- India Thermostats Market, by Deployment
- Wired
- Wireless
- India Thermostats Market, by Application
- Industrial
- Commercial
- Residential
- India Thermostats Market, by Product
-
South Korea
- South Korea Thermostats Market, by Product
- Smart Thermostat
- Mechanical Thermostat
- Programmable Thermostat
- Intrinsic Thermostat
- Others
- South Korea Thermostats Market, by Deployment
- Wired
- Wireless
- South Korea Thermostats Market, by Application
- Industrial
- Commercial
- Residential
- South Korea Thermostats Market, by Product
-
South East Asia
- South East Asia Thermostats Market, by Product
- Smart Thermostat
- Mechanical Thermostat
- Programmable Thermostat
- Intrinsic Thermostat
- Others
- South East Asia Thermostats Market, by Deployment
- Wired
- Wireless
- South East Asia Thermostats Market, by Application
- Industrial
- Commercial
- Residential
- South East Asia Thermostats Market, by Product
-
Rest of Asia Pacific
- Rest of Asia Pacific Thermostats Market, by Product
- Smart Thermostat
- Mechanical Thermostat
- Programmable Thermostat
- Intrinsic Thermostat
- Others
- Rest of Asia Pacific Thermostats Market, by Deployment
- Wired
- Wireless
- Rest of Asia Pacific Thermostats Market, by Application
- Industrial
- Commercial
- Residential
- Rest of Asia Pacific Thermostats Market, by Product
-
Asia Pacific Thermostats Market, by Product
- Latin America
-
Latin America Thermostats Market, by Product
- Smart Thermostat
- Mechanical Thermostat
- Programmable Thermostat
- Intrinsic Thermostat
- Others
-
Latin America Thermostats Market, by Deployment
- Wired
- Wireless
-
Latin America Thermostats Market, by Application
- Industrial
- Commercial
- Residential
- Brazil
- Brazil Thermostats Market, by Product
- Smart Thermostat
- Mechanical Thermostat
- Programmable Thermostat
- Intrinsic Thermostat
- Others
- Brazil Thermostats Market, by Deployment
- Wired
- Wireless
- Brazil Thermostats Market, by Application
- Industrial
- Commercial
- Residential
- Brazil Thermostats Market, by Product
- Argentina
- Argentina Thermostats Market, by Product
- Smart Thermostat
- Mechanical Thermostat
- Programmable Thermostat
- Intrinsic Thermostat
- Others
- Argentina Thermostats Market, by Deployment
- Wired
- Wireless
- Argentina Thermostats Market, by Application
- Industrial
- Commercial
- Residential
- Argentina Thermostats Market, by Product
-
Rest of Latin America
- Rest of Latin America Thermostats Market, by Product
- Smart Thermostat
- Mechanical Thermostat
- Programmable Thermostat
- Intrinsic Thermostat
- Others
- Rest of Latin America Thermostats Market, by Deployment
- Wired
- Wireless
- Rest of Latin America Thermostats Market, by Application
- Industrial
- Commercial
- Residential
- Rest of Latin America Thermostats Market, by Product
-
Latin America Thermostats Market, by Product
- Middle East & Africa
-
Middle East & Africa Thermostats Market, by Product
- Smart Thermostat
- Mechanical Thermostat
- Programmable Thermostat
- Intrinsic Thermostat
- Others
-
Middle East & Africa Thermostats Market, by Deployment
- Wired
- Wireless
-
Middle East & Africa Thermostats Market, by Application
- Industrial
- Commercial
- Residential
- GCC Countries
- GCC Countries Thermostats Market, by Product
- Smart Thermostat
- Mechanical Thermostat
- Programmable Thermostat
- Intrinsic Thermostat
- Others
- GCC Countries Thermostats Market, by Deployment
- Wired
- Wireless
- GCC Countries Thermostats Market, by Application
- Industrial
- Commercial
- Residential
- GCC Countries Thermostats Market, by Product
- South Africa
- South Africa Thermostats Market, by Product
- Smart Thermostat
- Mechanical Thermostat
- Programmable Thermostat
- Intrinsic Thermostat
- Others
- South Africa Thermostats Market, by Deployment
- Wired
- Wireless
- South Africa Thermostats Market, by Application
- Industrial
- Commercial
- Residential
- South Africa Thermostats Market, by Product
-
Rest of Middle East & Africa
- Rest of Middle East & Africa Thermostats Market, by Product
- Smart Thermostat
- Mechanical Thermostat
- Programmable Thermostat
- Intrinsic Thermostat
- Others
- Rest of Middle East & Africa Thermostats Market, by Deployment
- Wired
- Wireless
- Rest of Middle East & Africa Thermostats Market, by Application
- Industrial
- Commercial
- Residential
- Rest of Middle East & Africa Thermostats Market, by Product
-
Middle East & Africa Thermostats Market, by Product
- North America
FAQ
Frequently Asked Question
What is the global demand for Thermostats in terms of revenue?
-
The global Thermostats valued at USD 5.55 Billion in 2023 and is expected to reach USD 17.1 Billion in 2032 growing at a CAGR of 13.3%.
Which are the prominent players in the market?
-
The prominent players in the market are Emerson Electric Co., Johnson Controls, Honeywell, Nest (owned by Google), Ecobee, Schneider Electric, Tado, Siemens AG, Danfoss, Bosch Thermotechnology, Glas by Johnson Controls, Carrier Corporation, Trane Technologies, Sensi, Lux Products .
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 13.3% between 2024 and 2032.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Thermostats include
Which region accounted for the largest share in the market?
-
North America was the leading regional segment of the Thermostats in 2023.
