Smart Thermostats Market is expected to grow at a CAGR of 31% from 2019 to 2024 - An exclusive market research report by Lucintel

Trends and Forecast for the Global Smart Thermostats Market

Trends, opportunities and forecast in the global smart thermostats market to 2024 by technology (wired networking, wireless network, Wi-Fi, Zigbee, Z-wave, and bluetooth), component (display sensor, temperature sensor, humidity sensor, motion sensor, and others), end use industry (residential, educational, office and industrial building, retail, and hospitality & healthcare), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Lucintel's latest market report analyzed that smart thermostats provides attractive opportunities in residential, office building, educational buildings, industrial building, retail, hospitality, and healthcare industries. The Smart thermostats market is expected to grow with a CAGR of 31%. In this market, Wi-Fi is the largest segment by technology, whereas residential is largest by end use industry.

Download Brochure of this report by clicking on https://www.lucintel.com/smart-thermostats-market.aspx Based on technology, the smart thermostats market is segmented into wired networking, wireless network, Wi-Fi, Zigbee, Z-wave, and bluetooth. The Wi-Fi segment accounted for the largest share of the market in 2020 and is expected to register the highest CAGR during the forecast period, due to increasing adoption of smart thermostats in residential and commercial building to minimize the energy consumption.

Browse in-depth TOC on “Smart Thermostats Market”

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The Smart Thermostats Market is marked by the presence of several big and small players. Some of the prominent players offering smart thermostats include Nest Labs, Honeywell International, Ecobee, Emerson Electric, Schneider Electric, Tado, Control4, Ingersoll Rand, Carrier Corporation, Nortek.

 

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.

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Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

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