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Smart Thermostat Market by Product (Connected, Learning, Standalone), Connectivity Technology (Wireless, Wired), Installation Type (New Installation, Retrofit Installation), Vertical (Residential, Commercial, Industrial), and Region
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Smart Thermostat Market by Product, Future Demands, and Key Players, 2026
Scope of The Report Research report categorizes the Smart Thermostat Market based on Product, Connectivity Technology, Installation Type and Region. By Product • Connected • Learning • Standalone By Connectivity Technology • Wireless • Wired And More…
Key Segments The smart thermostat market size is expected to grow from USD 2.5 billion in 2021 to USD 6.4 billion by 2026; it is expected to grow at a CAGR of 20.8% from 2021 to 2026. 1 The key factors driving the growth of the market increasing adoption of smart homes attributed to COVID-19 situation, emergence of IoT- enabled HVAC systems, government regulations pertaining to increase energy efficiency of buildings, and surging adoption of smart home voice assistants. 2 3 Browse 250 market data Tables and 67 Figures spread through 250 Pages and in-depth TOC on "Smart Thermostat Market”. 4 “Product-wise, connected smart thermostat segment held the largest market size of overall smart thermostat market in 2020“ “Connectivity technology -wise, wireless network segment to grow at a higher rate from 2021 to 2026” 5 “APAC to record highest CAGR from 2021 to 2026”
Smart Thermostat Market Growth Rate 2026 2021 CAGR of 20.8% Market Size of $ 2.5 billion Market Size of $ 6.4 billion
Key Players Players Alphabet (Google Nest) (US) Emerson Electric (US) Honeywell International (US) Lennox International (US) ecobee (Canada) Carrier Corporation (US) Johnson Controls (Lux Products) (Ireland) Legrand (Netatmo) (France) • • • • • • • • View Report Here - https://www.marketsandmarkets.com/Market-Reports/smart- thermostat-market-266618794.html
Top Region.. North America • Europe • APAC • RoW • View Report Here - https://www.marketsandmarkets.com/Market-Reports/smart-thermostat-market-26661879 4.html
Frequently Asked Questions (FAQ) in Our Report 1. Which is the potential market for smart thermostat market in terms of region? 2. Which are the major companies in the smart thermostat market? What are their major strategies to strengthen their market presence? 3. What are the opportunities for new market entrants? 4. What are the drivers and opportunities for the smart thermostat market? 5. Who are the major consumers of smart thermostats that are expected to drive the growth of the market in the next 5 years?
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