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Connected Thermostat Market 2020 | Global Forecast 2026 | Major Players Carrier Corporation, Control4 Corporation, Ecobee, Nest Labs, Trane, Emerson Electric Co

Press Release

The global connected thermostat market was estimated to be valued at USD XX million in 2018 and is projected to reach USD XX million by 2026, at a CAGR of XX% during 2020 to 2026. With growing need for energy efficiency and increasing adoption of internet of things, the connected thermostat market is witnessing significant demand. However, high costs and lack of awareness are acting as major factors hampering the market growth.

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Key Benefits of the Report:

Global, regional, country, product, application and market size and their forecast from 2020-2026

Identification and detailed analysis on key market dynamics, such as, drivers, restraints, opportunities, and challenges influencing growth of the market

Detailed analysis on industry outlook with market specific PESTLE, and supply chain to better understand the market and build expansion strategies.

Connected Thermostat industry report provides insights into competition pattern, advantages, and disadvantages of products, and macroeconomic policies of the market. Connected Thermostat market study identifies opportunities to in this competitive market circumstances and offers information for making decision and strategies that will increase the business growth. Drivers and restraints for the Connected Thermostat market growth are also encompassed in this study. The segmentation is done on the basis of product, region, and application.

For forecasting, regional demand & supply factors, recent investments, market dynamics including technical growth scenario, customer behavior, and industry trends and dynamics, and production capacity were taken into consideration. Different weightages have been assigned to these parameters and quantified their market impacts using the weighted average analysis to derive the market growth rate.

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The Manufacturers Analyzed in Global Connected Thermostat Market are –

Carrier Corporation, Control4 Corporation, Ecobee, Nest Labs, Trane, Nexia (Igersoll Rand), Emerson Electric Co, Schneider Electric, Resideo Technologies, Inc., Siemens AG

Market Segment by connectivity:


Market Segment by application:


The market estimates and forecasts have been verified through exhaustive primary research with the Key Industry Participants (KIPs), which typically include:

Government Body & Associations
Research Institutes

Moreover, the market is classified based on regions and countries as follows:

North America- U.S., Canada, Mexico
Europe- Germany, France, UK, Spain, Italy
Asia-Pacific- China, Japan, India, South Korea
South America- Brazil, Argentina
Middle East & Africa- Saudi Arabia, UAE, South Africa

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Partial Chapter of the Table of Content

Executive Summary


Research Methodology

Global Connected Thermostat Market Overview

Connected Thermostat Market by Application Outlook

5.1. Connected Thermostat Market Share, by Application, 2018 & 2026

5.2. Residential

5.2.1. Connected Thermostat Market, by Residential, 2015 – 2026

5.3. Commercial

5.3.1. Connected Thermostat Market, by Commercial, 2015 – 2026

5.4. Industrial

5.4.1. Connected Thermostat Market, by Industrial, 2015 – 2026


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