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Thermostats Market

Thermostats Market

Thermostats Market - Global Industry Assessment & Forecast

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Semiconductor & Electronics
Number Of Pages # Pages:

280

Base Year:

2023

Date

Sep - 2024

Format:

PDF XLS PPT

Report Code:

VMR-VMR-2021-0788

Segments Covered
  • By Product By Product Smart Thermostat, Mechanical Thermostat, Programmable Thermostat, Intrinsic Thermostat, Others
  • By Deployment By Deployment Wired, Wireless
  • By Application By Application Industrial, Commercial, Residential
  • By Region By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base YearBase Year: 2023
Forecast YearsForecast Years: 2024 - 2032
Historical YearsHistorical Years: 2018 - 2022
Revenue 2023Revenue 2023: USD 5.55 Billion
Revenue 2032Revenue 2032: USD 17.1 Billion
Revenue CAGRRevenue CAGR (2024 - 2032): 13.3%
Fastest Growing Region Fastest Growing Region (2024 - 2032) Asia Pacific
Largest Region Largest Region (2023): North America
Customization Offered
  • Cross-segment Market Size and Analysis for Mentioned Segments Cross-segment Market Size and Analysis for Mentioned Segments
  • Additional Company Profiles (Upto 5 With No Cost) Additional Company Profiles (Upto 5 With No Cost)
  • Additional Countries (Apart From Mentioned Countries) Additional Countries (Apart From Mentioned Countries)
  • Country/Region-specific Report Country/Region-specific Report
  • Go To Market Strategy Go To Market Strategy
  • Region Specific Market Dynamics Region Specific Market Dynamics
  • Region Level Market Share Region Level Market Share
  • Import Export Analysis Import Export Analysis
  • Production Analysis Production Analysis
  • Other Others Request Customization Speak To Analyst
  1. Executive Dashboard
    1. Strategic Imperatives
  2. Premium Insights
    1. Top 3 Trends to Watch
    2. Demand and Supply Trends
    3. Top 3 Strategies Followed by Major Players
    4. Top 3 Predictions by Vantage Market Research
    5. Top Investment Pockets
    6. Insights from Primary Respondents
  3. Global Thermostats Market - Segment Analysis
    1. Overview
    2. Global Thermostats Market, 2016 - 2028 (USD Million)
    3. Global Thermostats Market - by Product
      1. By Smart Thermostat
      2. By Mechanical Thermostat
      3. By Programmable Thermostat
      4. By Intrinsic Thermostat
      5. By Others
    4. Global Thermostats Market - by Deployment
      1. By Wired
      2. By Wireless
    5. Global Thermostats Market - by Application
      1. By Industrial
      2. By Commercial
      3. By Residential
    6. Global Thermostats Market - by region
      1. North America
      2. Europe
      3. Asia Pacific
      4. Latin America
      5. Middle East & Africa
    7. Market comparative analysis
  4. North America Thermostats Market - Segment Analysis
    1. Overview
    2. North America Thermostats Market, 2016 - 2028 (USD Million)
    3. North America Thermostats Market, by Product
      1. By Smart Thermostat
      2. By Mechanical Thermostat
      3. By Programmable Thermostat
      4. By Intrinsic Thermostat
      5. By Others
    4. North America Thermostats Market, by Deployment
      1. By Wired
      2. By Wireless
    5. North America Thermostats Market, by Application
      1. By Industrial
      2. By Commercial
      3. By Residential
    6. North America Thermostats Market, by Country
      1. U.S.
        1. U.S. Thermostats Market, By Product
          1. By Smart Thermostat
          2. By Mechanical Thermostat
          3. By Programmable Thermostat
          4. By Intrinsic Thermostat
          5. By Others
        2. U.S. Thermostats Market, By Deployment
          1. By Wired
          2. By Wireless
        3. U.S. Thermostats Market, By Application
          1. By Industrial
          2. By Commercial
          3. By Residential
      2. Canada
        1. Canada Thermostats Market, By Product
          1. By Smart Thermostat
          2. By Mechanical Thermostat
          3. By Programmable Thermostat
          4. By Intrinsic Thermostat
          5. By Others
        2. Canada Thermostats Market, By Deployment
          1. By Wired
          2. By Wireless
        3. Canada Thermostats Market, By Application
          1. By Industrial
          2. By Commercial
          3. By Residential
      3. Mexico
        1. Mexico Thermostats Market, By Product
          1. By Smart Thermostat
          2. By Mechanical Thermostat
          3. By Programmable Thermostat
          4. By Intrinsic Thermostat
          5. By Others
        2. Mexico Thermostats Market, By Deployment
          1. By Wired
          2. By Wireless
        3. Mexico Thermostats Market, By Application
          1. By Industrial
          2. By Commercial
          3. By Residential
  5. Europe Thermostats Market - Segment Analysis
    1. Overview
    2. Europe Thermostats Market, 2016 - 2028 (USD Million)
    3. Europe Thermostats Market, by Product
      1. By Smart Thermostat
      2. By Mechanical Thermostat
      3. By Programmable Thermostat
      4. By Intrinsic Thermostat
      5. By Others
    4. Europe Thermostats Market, by Deployment
      1. By Wired
      2. By Wireless
    5. Europe Thermostats Market, by Application
      1. By Industrial
      2. By Commercial
      3. By Residential
    6. Europe Thermostats Market, by Country
      1. Germany
        1. Germany Thermostats Market, By Product
          1. By Smart Thermostat
          2. By Mechanical Thermostat
          3. By Programmable Thermostat
          4. By Intrinsic Thermostat
          5. By Others
        2. Germany Thermostats Market, By Deployment
          1. By Wired
          2. By Wireless
        3. Germany Thermostats Market, By Application
          1. By Industrial
          2. By Commercial
          3. By Residential
      2. UK
        1. UK Market, By Product
          1. By Smart Thermostat
          2. By Mechanical Thermostat
          3. By Programmable Thermostat
          4. By Intrinsic Thermostat
          5. By Others
        2. UK Market, By Deployment
          1. By Wired
          2. By Wireless
        3. UK Market, By Application
          1. By Industrial
          2. By Commercial
          3. By Residential
      3. France
        1. France Thermostats Market, By Product
          1. By Smart Thermostat
          2. By Mechanical Thermostat
          3. By Programmable Thermostat
          4. By Intrinsic Thermostat
          5. By Others
        2. France Thermostats Market, By Deployment
          1. By Wired
          2. By Wireless
        3. France Thermostats Market, By Application
          1. By Industrial
          2. By Commercial
          3. By Residential
      4. Spain
        1. Spain Thermostats Market, By Product
          1. By Smart Thermostat
          2. By Mechanical Thermostat
          3. By Programmable Thermostat
          4. By Intrinsic Thermostat
          5. By Others
        2. Spain Thermostats Market, By Deployment
          1. By Wired
          2. By Wireless
        3. Spain Thermostats Market, By Application
          1. By Industrial
          2. By Commercial
          3. By Residential
      5. Italy
        1. Italy Thermostats Market, By Product
          1. By Smart Thermostat
          2. By Mechanical Thermostat
          3. By Programmable Thermostat
          4. By Intrinsic Thermostat
          5. By Others
        2. Italy Thermostats Market, By Deployment
          1. By Wired
          2. By Wireless
        3. Italy Thermostats Market, By Application
          1. By Industrial
          2. By Commercial
          3. By Residential
      6. BENELUX
        1. BENELUX Thermostats Market, By Product
          1. By Smart Thermostat
          2. By Mechanical Thermostat
          3. By Programmable Thermostat
          4. By Intrinsic Thermostat
          5. By Others
        2. BENELUX Thermostats Market, By Deployment
          1. By Wired
          2. By Wireless
        3. BENELUX Thermostats Market, By Application
          1. By Industrial
          2. By Commercial
          3. By Residential
      7. Rest of Europe
        1. Rest Of Europe Thermostats Market, By Product
          1. By Smart Thermostat
          2. By Mechanical Thermostat
          3. By Programmable Thermostat
          4. By Intrinsic Thermostat
          5. By Others
        2. Rest Of Europe Thermostats Market, By Deployment
          1. By Wired
          2. By Wireless
        3. Rest Of Europe Thermostats Market, By Application
          1. By Industrial
          2. By Commercial
          3. By Residential
  6. Asia Pacific Thermostats Market - Segment Analysis
    1. Overview
    2. Asia Pacific Thermostats Market, 2016 - 2028 (USD Million)
    3. Asia Pacific Thermostats Market, by Product
      1. By Smart Thermostat
      2. By Mechanical Thermostat
      3. By Programmable Thermostat
      4. By Intrinsic Thermostat
      5. By Others
    4. Asia Pacific Thermostats Market, by Deployment
      1. By Wired
      2. By Wireless
    5. Asia Pacific Thermostats Market, by Application
      1. By Industrial
      2. By Commercial
      3. By Residential
    6. Asia Pacific Thermostats Market, by Country
      1. China
        1. China Thermostats Market, By Product
          1. By Smart Thermostat
          2. By Mechanical Thermostat
          3. By Programmable Thermostat
          4. By Intrinsic Thermostat
          5. By Others
        2. China Thermostats Market, By Deployment
          1. By Wired
          2. By Wireless
        3. China Thermostats Market, By Application
          1. By Industrial
          2. By Commercial
          3. By Residential
      2. Japan
        1. Japan Thermostats Market, By Product
          1. By Smart Thermostat
          2. By Mechanical Thermostat
          3. By Programmable Thermostat
          4. By Intrinsic Thermostat
          5. By Others
        2. Japan Thermostats Market, By Deployment
          1. By Wired
          2. By Wireless
        3. Japan Thermostats Market, By Application
          1. By Industrial
          2. By Commercial
          3. By Residential
      3. India
        1. India Thermostats Market, By Product
          1. By Smart Thermostat
          2. By Mechanical Thermostat
          3. By Programmable Thermostat
          4. By Intrinsic Thermostat
          5. By Others
        2. India Thermostats Market, By Deployment
          1. By Wired
          2. By Wireless
        3. India Thermostats Market, By Application
          1. By Industrial
          2. By Commercial
          3. By Residential
      4. South Korea
        1. South Korea Thermostats Market, By Product
          1. By Smart Thermostat
          2. By Mechanical Thermostat
          3. By Programmable Thermostat
          4. By Intrinsic Thermostat
          5. By Others
        2. South Korea Thermostats Market, By Deployment
          1. By Wired
          2. By Wireless
        3. South Korea Thermostats Market, By Application
          1. By Industrial
          2. By Commercial
          3. By Residential
      5. South East Asia
        1. South East Asia Thermostats Market, By Product
          1. By Smart Thermostat
          2. By Mechanical Thermostat
          3. By Programmable Thermostat
          4. By Intrinsic Thermostat
          5. By Others
        2. South East Asia Thermostats Market, By Deployment
          1. By Wired
          2. By Wireless
        3. South East Asia Thermostats Market, By Application
          1. By Industrial
          2. By Commercial
          3. By Residential
      6. Rest of Asia Pacific
        1. Rest of Asia Pacific Thermostats Market, By Product
          1. By Smart Thermostat
          2. By Mechanical Thermostat
          3. By Programmable Thermostat
          4. By Intrinsic Thermostat
          5. By Others
        2. Rest of Asia Pacific Thermostats Market, By Deployment
          1. By Wired
          2. By Wireless
        3. Rest of Asia Pacific Thermostats Market, By Application
          1. By Industrial
          2. By Commercial
          3. By Residential
  7. Latin America Thermostats Market - Segment Analysis
    1. Overview
    2. Latin America Thermostats Market, 2016 - 2028 (USD Million)
    3. Latin America Thermostats Market, by Product
      1. By Smart Thermostat
      2. By Mechanical Thermostat
      3. By Programmable Thermostat
      4. By Intrinsic Thermostat
      5. By Others
    4. Latin America Thermostats Market, by Deployment
      1. By Wired
      2. By Wireless
    5. Latin America Thermostats Market, by Application
      1. By Industrial
      2. By Commercial
      3. By Residential
    6. Latin America Thermostats Market, by Country
      1. Brazil
        1. Brazil Thermostats Market, By Product
          1. By Smart Thermostat
          2. By Mechanical Thermostat
          3. By Programmable Thermostat
          4. By Intrinsic Thermostat
          5. By Others
        2. Brazil Thermostats Market, By Deployment
          1. By Wired
          2. By Wireless
        3. Brazil Thermostats Market, By Application
          1. By Industrial
          2. By Commercial
          3. By Residential
      2. Argentina
        1. Argentina Thermostats Market, By Product
          1. By Smart Thermostat
          2. By Mechanical Thermostat
          3. By Programmable Thermostat
          4. By Intrinsic Thermostat
          5. By Others
        2. Argentina Thermostats Market, By Deployment
          1. By Wired
          2. By Wireless
        3. Argentina Thermostats Market, By Application
          1. By Industrial
          2. By Commercial
          3. By Residential
      3. Rest of Latin America
        1. Rest of Latin America Thermostats Market, By Product
          1. By Smart Thermostat
          2. By Mechanical Thermostat
          3. By Programmable Thermostat
          4. By Intrinsic Thermostat
          5. By Others
        2. Rest of Latin America Thermostats Market, By Deployment
          1. By Wired
          2. By Wireless
        3. Rest of Latin America Thermostats Market, By Application
          1. By Industrial
          2. By Commercial
          3. By Residential
  8. Middle East & Africa Thermostats Market - Segment Analysis
    1. Overview
    2. Middle East & Africa Thermostats Market, 2016 - 2028 (USD Million)
    3. Middle East & Africa Thermostats Market, by Product
      1. By Smart Thermostat
      2. By Mechanical Thermostat
      3. By Programmable Thermostat
      4. By Intrinsic Thermostat
      5. By Others
    4. Middle East & Africa Thermostats Market, by Deployment
      1. By Wired
      2. By Wireless
    5. Middle East & Africa Thermostats Market, by Application
      1. By Industrial
      2. By Commercial
      3. By Residential
    6. Middle East & Africa Thermostats Market, by Country
      1. GCC Countries
        1. GCC Countries Thermostats Market, By Product
          1. By Smart Thermostat
          2. By Mechanical Thermostat
          3. By Programmable Thermostat
          4. By Intrinsic Thermostat
          5. By Others
        2. GCC Countries Thermostats Market, By Deployment
          1. By Wired
          2. By Wireless
        3. GCC Countries Thermostats Market, By Application
          1. By Industrial
          2. By Commercial
          3. By Residential
      2. South Africa
        1. South Africa Thermostats Market, By Product
          1. By Smart Thermostat
          2. By Mechanical Thermostat
          3. By Programmable Thermostat
          4. By Intrinsic Thermostat
          5. By Others
        2. South Africa Thermostats Market, By Deployment
          1. By Wired
          2. By Wireless
        3. South Africa Thermostats Market, By Application
          1. By Industrial
          2. By Commercial
          3. By Residential
      3. Rest of Middle East & Africa
        1. Rest of Middle East & Africa Thermostats Market, By Product
          1. By Smart Thermostat
          2. By Mechanical Thermostat
          3. By Programmable Thermostat
          4. By Intrinsic Thermostat
          5. By Others
        2. Rest of Middle East & Africa Thermostats Market, By Deployment
          1. By Wired
          2. By Wireless
        3. Rest of Middle East & Africa Thermostats Market, By Application
          1. By Industrial
          2. By Commercial
          3. By Residential
  9. Key Market Dynamics
    1. Introduction
    2. Market Drivers
    3. Market Restraints
    4. Market Opportunities
    5. Porter's Five Forces Analysis
    6. PEST Analysis
    7. Regulatory Landscape
    8. Technology Landscape
    9. Regional Market Trends
  10. COVID 19 Impact Analysis
    1. Key strategies undertaken by companies to tackle COVID-19
    2. Short term dynamics
    3. Long term dynamics
  11. Marketing Stratagy Analysis
    1. Marketing Channel
    2. Direct Marketing
    3. Indirect Marketing
    4. Marketing Channel Development Trends
  12. Competative Landscape
    1. Competition Matrix - 2021
    2. Company Market Share Analysis - 2021
    3. Key Company Activities, 2018 - 2021
    4. Strategic Developments - Heat Map Analysis
    5. Company Offering Evaluation
    6. Company Regional Presence Evaluation
  13. Company Profiles
    1. Emerson Electric Co.
    2. Johnson Controls
    3. Honeywell
    4. Nest (owned by Google)
    5. Ecobee
    6. Schneider Electric
    7. Tado
    8. Siemens AG
    9. Danfoss
    10. Bosch Thermotechnology
    11. Glas by Johnson Controls
    12. Carrier Corporation
    13. Trane Technologies
    14. Sensi
    15. Lux Products
  14. Key Primary Respondents - VERBATIM
  15. Discussion Guide
  16. Customization Offered
  17. Annexure
  18. List of Figures
  19. List of Tables
  20. List of Abbreviations
FAQ
Frequently Asked Question

  • 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%.

  • 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 .

  • The market is project to grow at a CAGR of 13.3% between 2024 and 2032.

  • The driving factors of the Thermostats include

  • North America was the leading regional segment of the Thermostats in 2023.

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