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Connected Thermostats-Global Market Insights and Sales Trends 2025
Synopsis
The global Connected Thermostats market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Connected Thermostats in various end use industries. The expanding demands from the Electric kettle, Air conditioning, Refrigerator and Microwave, are propelling Connected Thermostats market. Wired Connected Thermostats, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Wireless Connected Thermostats segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Connected Thermostats market, driven by demand from China, the second largest economy with some signs of stabilising, the Connected Thermostats market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Connected Thermostats, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Connected Thermostats market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Connected Thermostats market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Connected Thermostats sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Connected Thermostats covered in this report include DANFOSS, Siemens, Schneider Electric, Strix, Johnsoncontrols, HONEYWELL, saswell, Otter Controls and Jiujiang HengTong, etc.
The global Connected Thermostats market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
DANFOSS
Siemens
Schneider Electric
Strix
Johnsoncontrols
HONEYWELL
saswell
Otter Controls
Jiujiang HengTong
FOLAND
Hailin
Jiu Long thermostat
Development Alliance Automatic
FSTB
Sunlight
Global Connected Thermostats market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Connected Thermostats market, Segment by Type:
Wired Connected Thermostats
Wireless Connected Thermostats
Global Connected Thermostats market, by Application
Electric kettle
Air conditioning
Refrigerator
Microwave
Dishwasher
Water heater
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Connected Thermostats manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Connected Thermostats in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
The global Connected Thermostats market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Connected Thermostats in various end use industries. The expanding demands from the Electric kettle, Air conditioning, Refrigerator and Microwave, are propelling Connected Thermostats market. Wired Connected Thermostats, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Wireless Connected Thermostats segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Connected Thermostats market, driven by demand from China, the second largest economy with some signs of stabilising, the Connected Thermostats market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Connected Thermostats, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Connected Thermostats market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Connected Thermostats market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Connected Thermostats sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Connected Thermostats covered in this report include DANFOSS, Siemens, Schneider Electric, Strix, Johnsoncontrols, HONEYWELL, saswell, Otter Controls and Jiujiang HengTong, etc.
The global Connected Thermostats market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
DANFOSS
Siemens
Schneider Electric
Strix
Johnsoncontrols
HONEYWELL
saswell
Otter Controls
Jiujiang HengTong
FOLAND
Hailin
Jiu Long thermostat
Development Alliance Automatic
FSTB
Sunlight
Global Connected Thermostats market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Connected Thermostats market, Segment by Type:
Wired Connected Thermostats
Wireless Connected Thermostats
Global Connected Thermostats market, by Application
Electric kettle
Air conditioning
Refrigerator
Microwave
Dishwasher
Water heater
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Connected Thermostats manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Connected Thermostats in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Connected Thermostats Market Overview
1.1 Connected Thermostats Product Overview
1.2 Connected Thermostats Market Segment by Type
1.2.1 Wired Connected Thermostats
1.2.2 Wireless Connected Thermostats
1.3 Global Connected Thermostats Market Size by Type
1.3.1 Global Connected Thermostats Market Size Overview by Type (2018-2029)
1.3.2 Global Connected Thermostats Historic Market Size Review by Type (2018-2023)
1.3.3 Global Connected Thermostats Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Connected Thermostats Sales Breakdown by Type (2018-2023)
1.4.2 Europe Connected Thermostats Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Connected Thermostats Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Connected Thermostats Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Connected Thermostats Sales Breakdown by Type (2018-2023)
2 Global Connected Thermostats Market Competition by Company
2.1 Global Top Players by Connected Thermostats Sales (2018-2023)
2.2 Global Top Players by Connected Thermostats Revenue (2018-2023)
2.3 Global Top Players by Connected Thermostats Price (2018-2023)
2.4 Global Top Manufacturers Connected Thermostats Manufacturing Base Distribution, Sales Area, Product Type
2.5 Connected Thermostats Market Competitive Situation and Trends
2.5.1 Connected Thermostats Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Connected Thermostats Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Connected Thermostats as of 2022)
2.7 Date of Key Manufacturers Enter into Connected Thermostats Market
2.8 Key Manufacturers Connected Thermostats Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Connected Thermostats Status and Outlook by Region
3.1 Global Connected Thermostats Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Connected Thermostats Historic Market Size by Region
3.2.1 Global Connected Thermostats Sales in Volume by Region (2018-2023)
3.2.2 Global Connected Thermostats Sales in Value by Region (2018-2023)
3.2.3 Global Connected Thermostats Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Connected Thermostats Forecasted Market Size by Region
3.3.1 Global Connected Thermostats Sales in Volume by Region (2024-2029)
3.3.2 Global Connected Thermostats Sales in Value by Region (2024-2029)
3.3.3 Global Connected Thermostats Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Connected Thermostats by Application
4.1 Connected Thermostats Market Segment by Application
4.1.1 Electric kettle
4.1.2 Air conditioning
4.1.3 Refrigerator
4.1.4 Microwave
4.1.5 Dishwasher
4.1.6 Water heater
4.1.7 Others
4.2 Global Connected Thermostats Market Size by Application
4.2.1 Global Connected Thermostats Market Size Overview by Application (2018-2029)
4.2.2 Global Connected Thermostats Historic Market Size Review by Application (2018-2023)
4.2.3 Global Connected Thermostats Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Connected Thermostats Sales Breakdown by Application (2018-2023)
4.3.2 Europe Connected Thermostats Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Connected Thermostats Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Connected Thermostats Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Connected Thermostats Sales Breakdown by Application (2018-2023)
5 North America Connected Thermostats by Country
5.1 North America Connected Thermostats Historic Market Size by Country
5.1.1 North America Connected Thermostats Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Connected Thermostats Sales in Volume by Country (2018-2023)
5.1.3 North America Connected Thermostats Sales in Value by Country (2018-2023)
5.2 North America Connected Thermostats Forecasted Market Size by Country
5.2.1 North America Connected Thermostats Sales in Volume by Country (2024-2029)
5.2.2 North America Connected Thermostats Sales in Value by Country (2024-2029)
6 Europe Connected Thermostats by Country
6.1 Europe Connected Thermostats Historic Market Size by Country
6.1.1 Europe Connected Thermostats Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Connected Thermostats Sales in Volume by Country (2018-2023)
6.1.3 Europe Connected Thermostats Sales in Value by Country (2018-2023)
6.2 Europe Connected Thermostats Forecasted Market Size by Country
6.2.1 Europe Connected Thermostats Sales in Volume by Country (2024-2029)
6.2.2 Europe Connected Thermostats Sales in Value by Country (2024-2029)
7 Asia-Pacific Connected Thermostats by Region
7.1 Asia-Pacific Connected Thermostats Historic Market Size by Region
7.1.1 Asia-Pacific Connected Thermostats Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Connected Thermostats Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Connected Thermostats Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Connected Thermostats Forecasted Market Size by Region
7.2.1 Asia-Pacific Connected Thermostats Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Connected Thermostats Sales in Value by Region (2024-2029)
8 Latin America Connected Thermostats by Country
8.1 Latin America Connected Thermostats Historic Market Size by Country
8.1.1 Latin America Connected Thermostats Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Connected Thermostats Sales in Volume by Country (2018-2023)
8.1.3 Latin America Connected Thermostats Sales in Value by Country (2018-2023)
8.2 Latin America Connected Thermostats Forecasted Market Size by Country
8.2.1 Latin America Connected Thermostats Sales in Volume by Country (2024-2029)
8.2.2 Latin America Connected Thermostats Sales in Value by Country (2024-2029)
9 Middle East and Africa Connected Thermostats by Country
9.1 Middle East and Africa Connected Thermostats Historic Market Size by Country
9.1.1 Middle East and Africa Connected Thermostats Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Connected Thermostats Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Connected Thermostats Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Connected Thermostats Forecasted Market Size by Country
9.2.1 Middle East and Africa Connected Thermostats Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Connected Thermostats Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 DANFOSS
10.1.1 DANFOSS Company Information
10.1.2 DANFOSS Introduction and Business Overview
10.1.3 DANFOSS Connected Thermostats Sales, Revenue and Gross Margin (2018-2023)
10.1.4 DANFOSS Connected Thermostats Products Offered
10.1.5 DANFOSS Recent Development
10.2 Siemens
10.2.1 Siemens Company Information
10.2.2 Siemens Introduction and Business Overview
10.2.3 Siemens Connected Thermostats Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Siemens Connected Thermostats Products Offered
10.2.5 Siemens Recent Development
10.3 Schneider Electric
10.3.1 Schneider Electric Company Information
10.3.2 Schneider Electric Introduction and Business Overview
10.3.3 Schneider Electric Connected Thermostats Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Schneider Electric Connected Thermostats Products Offered
10.3.5 Schneider Electric Recent Development
10.4 Strix
10.4.1 Strix Company Information
10.4.2 Strix Introduction and Business Overview
10.4.3 Strix Connected Thermostats Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Strix Connected Thermostats Products Offered
10.4.5 Strix Recent Development
10.5 Johnsoncontrols
10.5.1 Johnsoncontrols Company Information
10.5.2 Johnsoncontrols Introduction and Business Overview
10.5.3 Johnsoncontrols Connected Thermostats Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Johnsoncontrols Connected Thermostats Products Offered
10.5.5 Johnsoncontrols Recent Development
10.6 HONEYWELL
10.6.1 HONEYWELL Company Information
10.6.2 HONEYWELL Introduction and Business Overview
10.6.3 HONEYWELL Connected Thermostats Sales, Revenue and Gross Margin (2018-2023)
10.6.4 HONEYWELL Connected Thermostats Products Offered
10.6.5 HONEYWELL Recent Development
10.7 saswell
10.7.1 saswell Company Information
10.7.2 saswell Introduction and Business Overview
10.7.3 saswell Connected Thermostats Sales, Revenue and Gross Margin (2018-2023)
10.7.4 saswell Connected Thermostats Products Offered
10.7.5 saswell Recent Development
10.8 Otter Controls
10.8.1 Otter Controls Company Information
10.8.2 Otter Controls Introduction and Business Overview
10.8.3 Otter Controls Connected Thermostats Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Otter Controls Connected Thermostats Products Offered
10.8.5 Otter Controls Recent Development
10.9 Jiujiang HengTong
10.9.1 Jiujiang HengTong Company Information
10.9.2 Jiujiang HengTong Introduction and Business Overview
10.9.3 Jiujiang HengTong Connected Thermostats Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Jiujiang HengTong Connected Thermostats Products Offered
10.9.5 Jiujiang HengTong Recent Development
10.10 FOLAND
10.10.1 FOLAND Company Information
10.10.2 FOLAND Introduction and Business Overview
10.10.3 FOLAND Connected Thermostats Sales, Revenue and Gross Margin (2018-2023)
10.10.4 FOLAND Connected Thermostats Products Offered
10.10.5 FOLAND Recent Development
10.11 Hailin
10.11.1 Hailin Company Information
10.11.2 Hailin Introduction and Business Overview
10.11.3 Hailin Connected Thermostats Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Hailin Connected Thermostats Products Offered
10.11.5 Hailin Recent Development
10.12 Jiu Long thermostat
10.12.1 Jiu Long thermostat Company Information
10.12.2 Jiu Long thermostat Introduction and Business Overview
10.12.3 Jiu Long thermostat Connected Thermostats Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Jiu Long thermostat Connected Thermostats Products Offered
10.12.5 Jiu Long thermostat Recent Development
10.13 Development Alliance Automatic
10.13.1 Development Alliance Automatic Company Information
10.13.2 Development Alliance Automatic Introduction and Business Overview
10.13.3 Development Alliance Automatic Connected Thermostats Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Development Alliance Automatic Connected Thermostats Products Offered
10.13.5 Development Alliance Automatic Recent Development
10.14 FSTB
10.14.1 FSTB Company Information
10.14.2 FSTB Introduction and Business Overview
10.14.3 FSTB Connected Thermostats Sales, Revenue and Gross Margin (2018-2023)
10.14.4 FSTB Connected Thermostats Products Offered
10.14.5 FSTB Recent Development
10.15 Sunlight
10.15.1 Sunlight Company Information
10.15.2 Sunlight Introduction and Business Overview
10.15.3 Sunlight Connected Thermostats Sales, Revenue and Gross Margin (2018-2023)
10.15.4 Sunlight Connected Thermostats Products Offered
10.15.5 Sunlight Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Connected Thermostats Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Connected Thermostats Industrial Chain Analysis
11.4 Connected Thermostats Market Dynamics
11.4.1 Connected Thermostats Industry Trends
11.4.2 Connected Thermostats Market Drivers
11.4.3 Connected Thermostats Market Challenges
11.4.4 Connected Thermostats Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Connected Thermostats Distributors
12.3 Connected Thermostats Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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