A thermostat has many different uses in a variety of various systems, but is primarily used in heating systems. A thermostat senses the internal temperature of a controlled system and acts accordingly so that the desired temperature of the system is maintained near to a predetermined setpoint. The use of thermostats can range from simple temperature regulation to very complex systems, depending on the application and the nature of the desired system. They can be mechanical, digital, or programmed to give specific temperature levels, ranges, or rates of heating or cooling.
Market Dynamics
Increasing need for energy-efficient solutions in the residential sectors and increasing number of housing units is expected to propel growth of the global thermostat market over the forecast period. For instance, according to The U.S. Census Bureau and the U.S. Department of Housing and Urban Development, in 2019, an estimated 1.290 million housing units were started in the U.S., witnessing an increase of 3.2% compared to 2018.
Moreover, increasing adoption of smart thermostats is also expected to aid in growth of the global thermostat market. For instance, in May 2019, CLEAResult, a provider of energy management services, announced results of a pilot program aimed at helping Ameren Illinois' low and moderate income residential customers save energy and reduce their monthly utility bills. The company stated that low and moderate income customers achieved an estimated 2.6 million kWh and 240,000 therms of energy savings over a four month period in 2018 by utilizing smart thermostats provided as part of the initiative.
Increasing adoption of ultra-low energy technology is expected to offer lucrative growth opportunities for players in the global thermostat market. For instance, in April 2019, DSP Group, Inc., a provider of wireless chipset solutions for converged communications, announced that Network Thermostat, a provider of connected thermostat solutions selected DSP Group’s Ultra-Low Energy technology for two of its smart thermostat family of products.
Key Takeaways
- Increasing need for energy-efficient solutions in the residential sectors and increasing number of housing units is expected to propel growth of the global thermostat market over the forecast period
- Major players operating in the global thermostat market are focused on launching new products to expand their product portfolio. For instance, in October 2020, Google launched a new Nest Thermostat -- an easy to use, energy-saving thermostat that people can control from anywhere with the Google Home app.
- Major players operating in the global thermostat market include, Allure Energy, Climote, Computime Group, GridPoint, Honeywell International, Google, Inc., Network Thermostat, Ingersoll Rand, Radio Thermostat, Schneider Electric, and Tado
With the slowdown in world economic growth, the Thermostat industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Thermostat market size to maintain the average annual growth rate of XXX from XXX million $ in 2014 to XXX million $ in 2018, Stratagem Market Insights analysts believe that in the next few years, Thermostat market size will be further expanded, we expect that by 2023, The market size of the Thermostat will reach XXX million $.
This Report covers the manufacturers' data, including: shipment, price, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors better. This report also covers all the regions and countries of the world, which shows a regional development status, including market size, volume and value, as well as price data.
Besides, the report also covers segment data, including: type segment, industry segment, channel segment etc. cover different segment market size, both volume and value. Also cover different industries clients information, which is very important for the manufacturers.
Section 1: Definition
Section (2 3): Manufacturer Detail
Allure Energy
Climote
Computime Group
GridPoint
Honeywell International
Ingersoll Rand
Radio Thermostat
Schneider Electric
Tado
Section 4: Region Segmentation
North America Country (United States, Canada)
South America
Asia Country (China, Japan, India, Korea)
Europe Country (Germany, UK, France, Italy)
Other Country (Middle East, Africa, GCC)
Section (5 6 7):
Product Type Segmentation
Plug-In Type Thermostat
Immersion Type Thermostat
Surface Type Thermostat
Industry Segmentation
Business
Industrial
Residential
Channel (Direct Sales, Distributor) Segmentation
Section 8: Trend (2018-2023)
Section 9: Product Type Detail
Section 10: Downstream Consumer
Section 11: Cost Structure
Section 12: Conclusion
Table of Contents
Section 1 Thermostat Product Definition
Section 2 Global Thermostat Market Manufacturer Share and Market Overview
2.1 Global Manufacturer Thermostat Shipments
2.2 Global Manufacturer Thermostat Business Revenue
2.3 Global Thermostat Market Overview
Section 3 Manufacturer Thermostat Business Introduction
3.1 Allure Energy Thermostat Business Introduction
3.1.1 Allure Energy Thermostat Shipments, Price, Revenue and Gross profit 2014-2018
3.1.2 Allure Energy Thermostat Business Distribution by Region
3.1.3 Allure Energy Interview Record
3.1.4 Allure Energy Thermostat Business Profile
3.1.5 Allure Energy Thermostat Product Specification
3.2 Climote Thermostat Business Introduction
3.2.1 Climote Thermostat Shipments, Price, Revenue and Gross profit 2014-2018
3.2.2 Climote Thermostat Business Distribution by Region
3.2.3 Interview Record
3.2.4 Climote Thermostat Business Overview
3.2.5 Climote Thermostat Product Specification
3.3 Computime Group Thermostat Business Introduction
3.3.1 Computime Group Thermostat Shipments, Price, Revenue and Gross profit 2014-2018
3.3.2 Computime Group Thermostat Business Distribution by Region
3.3.3 Interview Record
3.3.4 Computime Group Thermostat Business Overview
3.3.5 Computime Group Thermostat Product Specification
3.4 GridPoint Thermostat Business Introduction
3.5 Honeywell International Thermostat Business Introduction
3.6 Ingersoll Rand Thermostat Business Introduction
…
Section 4 Global Thermostat Market Segmentation (Region Level)
4.1 North America Country
4.1.1 United States Thermostat Market Size and Price Analysis 2014-2018
4.1.2 Canada Thermostat Market Size and Price Analysis 2014-2018
4.2 South America Country
4.2.1 South America Thermostat Market Size and Price Analysis 2014-2018
4.3 Asia Country
4.3.1 China Thermostat Market Size and Price Analysis 2014-2018
4.3.2 Japan Thermostat Market Size and Price Analysis 2014-2018
4.3.3 India Thermostat Market Size and Price Analysis 2014-2018
4.3.4 Korea Thermostat Market Size and Price Analysis 2014-2018
4.4 Europe Country
4.4.1 Germany Thermostat Market Size and Price Analysis 2014-2018
4.4.2 UK Thermostat Market Size and Price Analysis 2014-2018
4.4.3 France Thermostat Market Size and Price Analysis 2014-2018
4.4.4 Italy Thermostat Market Size and Price Analysis 2014-2018
4.4.5 Europe Thermostat Market Size and Price Analysis 2014-2018
4.5 Other Country and Region
4.5.1 Middle East Thermostat Market Size and Price Analysis 2014-2018
4.5.2 Africa Thermostat Market Size and Price Analysis 2014-2018
4.5.3 GCC Thermostat Market Size and Price Analysis 2014-2018
4.6 Global Thermostat Market Segmentation (Region Level) Analysis 2014-2018
4.7 Global Thermostat Market Segmentation (Region Level) Analysis
Section 5 Global Thermostat Market Segmentation (Product Type Level)
5.1 Global Thermostat Market Segmentation (Product Type Level) Market Size 2014-2018
5.2 Different Thermostat Product Type Price 2014-2018
5.3 Global Thermostat Market Segmentation (Product Type Level) Analysis
Section 6 Global Thermostat Market Segmentation (Industry Level)
6.1 Global Thermostat Market Segmentation (Industry Level) Market Size 2014-2018
6.2 Different Industry Price 2014-2018
6.3 Global Thermostat Market Segmentation (Industry Level) Analysis
Section 7 Global Thermostat Market Segmentation (Channel Level)
7.1 Global Thermostat Market Segmentation (Channel Level) Sales Volume and Share 2014-2018
7.2 Global Thermostat Market Segmentation (Channel Level) Analysis
Section 8 Thermostat Market Forecast 2018-2023
8.1 Thermostat Segmentation Market Forecast (Region Level)
8.2 Thermostat Segmentation Market Forecast (Product Type Level)
8.3 Thermostat Segmentation Market Forecast (Industry Level)
8.4 Thermostat Segmentation Market Forecast (Channel Level)
Section 9 Thermostat Segmentation Product Type
9.1 Plug-In Type Thermostat Product Introduction
9.2 Immersion Type Thermostat Product Introduction
9.3 Surface Type Thermostat Product Introduction
Section 10 Thermostat Segmentation Industry
10.1 Business Clients
10.2 Industrial Clients
10.3 Residential Clients
Section 11 Thermostat Cost of Production Analysis
11.1 Raw Material Cost Analysis
11.2 Technology Cost Analysis
11.3 Labor Cost Analysis
11.4 Cost Overview
Section 12 Conclusion
Chart and Figure
Figure Thermostat Product Picture from Allure Energy
Chart 2014-2018 Global Manufacturer Thermostat Shipments (Units)
Chart 2014-2018 Global Manufacturer Thermostat Shipments Share
Chart 2014-2018 Global Manufacturer Thermostat Business Revenue (Million USD)
Chart 2014-2018 Global Manufacturer Thermostat Business Revenue Share
Chart Allure Energy Thermostat Shipments, Price, Revenue and Gross profit 2014-2018
Chart Allure Energy Thermostat Business Distribution
Chart Allure Energy Interview Record (Partly)
Figure Allure Energy Thermostat Product Picture
Chart Allure Energy Thermostat Business Profile
Table Allure Energy Thermostat Product Specification
Chart Climote Thermostat Shipments, Price, Revenue and Gross profit 2014-2018
Chart Climote Thermostat Business Distribution
Chart Climote Interview Record (Partly)
Figure Climote Thermostat Product Picture
Chart Climote Thermostat Business Overview
Table Climote Thermostat Product Specification
Chart Computime Group Thermostat Shipments, Price, Revenue and Gross profit 2014-2018
Chart Computime Group Thermostat Business Distribution
Chart Computime Group Interview Record (Partly)
Figure Computime Group Thermostat Product Picture
Chart Computime Group Thermostat Business Overview
Table Computime Group Thermostat Product Specification
3.4 GridPoint Thermostat Business Introduction
…
Chart United States Thermostat Sales Volume (Units) and Market Size (Million $) 2014-2018
Chart United States Thermostat Sales Price ($/Unit) 2014-2018
Chart Canada Thermostat Sales Volume (Units) and Market Size (Million $) 2014-2018
Chart Canada Thermostat Sales Price ($/Unit) 2014-2018
Chart South America Thermostat Sales Volume (Units) and Market Size (Million $) 2014-2018
Chart South America Thermostat Sales Price ($/Unit) 2014-2018
Chart China Thermostat Sales Volume (Units) and Market Size (Million $) 2014-2018
Chart China Thermostat Sales Price ($/Unit) 2014-2018
Chart Japan Thermostat Sales Volume (Units) and Market Size (Million $) 2014-2018
Chart Japan Thermostat Sales Price ($/Unit) 2014-2018
Chart India Thermostat Sales Volume (Units) and Market Size (Million $) 2014-2018
Chart India Thermostat Sales Price ($/Unit) 2014-2018
Chart Korea Thermostat Sales Volume (Units) and Market Size (Million $) 2014-2018
Chart Korea Thermostat Sales Price ($/Unit) 2014-2018
Chart Germany Thermostat Sales Volume (Units) and Market Size (Million $) 2014-2018
Chart Germany Thermostat Sales Price ($/Unit) 2014-2018
Chart UK Thermostat Sales Volume (Units) and Market Size (Million $) 2014-2018
Chart UK Thermostat Sales Price ($/Unit) 2014-2018
Chart France Thermostat Sales Volume (Units) and Market Size (Million $) 2014-2018
Chart France Thermostat Sales Price ($/Unit) 2014-2018
Chart Italy Thermostat Sales Volume (Units) and Market Size (Million $) 2014-2018
Chart Italy Thermostat Sales Price ($/Unit) 2014-2018
Chart Europe Thermostat Sales Volume (Units) and Market Size (Million $) 2014-2018
Chart Europe Thermostat Sales Price ($/Unit) 2014-2018
Chart Middle East Thermostat Sales Volume (Units) and Market Size (Million $) 2014-2018
Chart Middle East Thermostat Sales Price ($/Unit) 2014-2018
Chart Africa Thermostat Sales Volume (Units) and Market Size (Million $) 2014-2018
Chart Africa Thermostat Sales Price ($/Unit) 2014-2018
Chart GCC Thermostat Sales Volume (Units) and Market Size (Million $) 2014-2018
Chart GCC Thermostat Sales Price ($/Unit) 2014-2018
Chart Global Thermostat Market Segmentation (Region Level) Sales Volume 2014-2018
Chart Global Thermostat Market Segmentation (Region Level) Market size 2014-2018
Chart Thermostat Market Segmentation (Product Type Level) Volume (Units) 2014-2018
Chart Thermostat Market Segmentation (Product Type Level) Market Size (Million $) 2014-2018
Chart Different Thermostat Product Type Price ($/Unit) 2014-2018
Chart Thermostat Market Segmentation (Industry Level) Market Size (Volume) 2014-2018
Chart Thermostat Market Segmentation (Industry Level) Market Size (Share) 2014-2018
Chart Thermostat Market Segmentation (Industry Level) Market Size (Value) 2014-2018
Chart Global Thermostat Market Segmentation (Channel Level) Sales Volume (Units) 2014-2018
Chart Global Thermostat Market Segmentation (Channel Level) Share 2014-2018
Chart Thermostat Segmentation Market Forecast (Region Level) 2018-2023
Chart Thermostat Segmentation Market Forecast (Product Type Level) 2018-2023
Chart Thermostat Segmentation Market Forecast (Industry Level) 2018-2023
Chart Thermostat Segmentation Market Forecast (Channel Level) 2018-2023
Chart Plug-In Type Thermostat Product Figure
Chart Plug-In Type Thermostat Product Advantage and Disadvantage Comparison
Chart Immersion Type Thermostat Product Figure
Chart Immersion Type Thermostat Product Advantage and Disadvantage Comparison
Chart Surface Type Thermostat Product Figure
Chart Surface Type Thermostat Product Advantage and Disadvantage Comparison
Chart Business Clients
Chart Industrial Clients
Chart Residential Clients
Request Discount 
Inquire Before Buy
