Smart thermostats are devices that can be used with home automation and are responsible for controlling a home's heating and/or air conditioning.
Market Analysis and Insights: Global and United States Smart WiFi Thermostats Market
This report focuses on global and United States Smart WiFi Thermostats market, also covers the segmentation data of other regions in regional level and county level.
Due to the COVID-19 pandemic, the global Smart WiFi Thermostats market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, by Type, Programmable Thermostats accounting for % of the Smart WiFi Thermostats global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Application, Residential was the leading segment, accounting for over percent market share in 2021, and altered to an % CAGR throughout this forecast period.
Rising demand from Asia-Pacific region a major driver for the growth of the market.
Global Smart WiFi Thermostats Scope and Market Size
Smart WiFi Thermostats market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Smart WiFi Thermostats market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
For United States market, this report focuses on the Smart WiFi Thermostats market size by players, by Type and by Application, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.
Segment by Type
Programmable Thermostats
Non-programmable Thermostats
Segment by Application
Residential
Commercial
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
By Company
Honeywell
LUX/GEO
Nest
Schneider Electric
Emerson