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Download Free sampleA thermostat is a component which senses the temperature of a physical system and performs actions so that the system's temperature is maintained near a desired setpoint. Thermostats are used in any device or system that heats or cools to a setpoint temperature, examples include building heating, central heating, air conditioners, HVAC systems, water heaters, as well as kitchen equipment including ovens and refrigerators and medical and scientific incubators.
Thermostat Market contains market size and forecasts of Thermostat in global, including the following market information:
Global Thermostat Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Thermostat Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Thermostat companies in 2021 (%)
The global Thermostat market was valued at 2478.1 million in 2021 and is projected to reach US$ 4844.1 million by 2028, at a CAGR of 10.0% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Non-Programmable Type Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Thermostat include Google Nest, Honeywell, EcoBee, Schneider Electric, Emerson, Carrier, Energate Inc., Tado GmbH and Control4, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Thermostat manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Thermostat Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Thermostat Market Segment Percentages, by Type, 2021 (%)
Non-Programmable Type
Programmable Type
Smart Type
WiFi Type
Global Thermostat Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Thermostat Market Segment Percentages, by Application, 2021 (%)
Business
Industrial
Residential
Global Thermostat Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Thermostat Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Thermostat revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Thermostat revenues share in global market, 2021 (%)
Key companies Thermostat sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Thermostat sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Google Nest
Honeywell
EcoBee
Schneider Electric
Emerson
Carrier
Energate Inc.
Tado GmbH
Control4
Netatmo
Hive Home
Trane
Johnston Controls
DANFOSS
Siemens
Saswell
Computime
Shenzhen Topband
HaiLin Energy Technology
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