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Smart Thermostat Market - Top Companies and Manufacturers

  • Report ID: 5030
  • Published Date: Aug 01, 2024
  • Report Format: PDF, PPT

Companies Dominating the Smart Thermostat Landscape

    • Google Nest (Google LLC)
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Ecobee, Inc.
    • Honeywell International Inc.
    • Emerson Electric Co.
    • Tado GmbH
    • Ingersoll Rand
    • Nortek (NTK Holdings, Inc.)
    • Schneider Electric SE
    • Carrier Global Corporation
    • Control4 Corporation (Snap One, LLC)
Browse Key Market Insights with Data Illustration:

In the News

  • Google Nest, a subsidiary of Google LLC is now adding new features to Nest Thermostat. The new Matter support will enable the owners to adjust temperatures and control the basic features of their thermostats across Matter-compatible smart home platforms.
  • Ecobee, Inc. has announced its partnership with select utility companies across the United States to distribute free and discounted Ecobee3 lite, an advanced residential thermostat, that will help the residents stay cool, save energy, and lower energy bills.

Author Credits:  Abhishek Verma


  • Report ID: 5030
  • Published Date: Aug 01, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of smart thermostat is assessed at USD 4.29 Billion.

The smart thermostat market size was over USD 3.62 Billion in 2023 and is set to reach USD 40.83 Billion by the end of 2036, witnessing around 20.5% CAGR during the forecast period i.e., between 2024-2036. Increasing demand for advanced home appliances for automatic cooling and heating of devices and rooms along with the rising living standard are considered to be major factors contributing to market size expansion.

Asia Pacific industry is poised to hold 35% of the revenue share by 2036, owing to burgeoning population demanding efficient and eco-friendly climate control solutions in the region.

Google Nest (Google LLC), Ecobee, Inc., Honeywell International Inc., Emerson Electric Co., Tado GmbH, Ingersoll Rand, Nortek (NTK Holdings, Inc.), Schneider Electric SE, Carrier Global Corporation, Control4 Corporation (Snap One, LLC)

In the year 2024, the industry size of smart thermostat is assessed at USD 4.29 Billion.
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