Global Smart Thermostat Market 2015 - Forecasts to 2020 for the $5.9 Billion Industry


Dublin, Oct. 01, 2015 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/9qcm5r/smart_thermostat) has announced the addition of the "Smart Thermostat Market by Component , Network Connectivity (Wired, Wireless), Application (Residential, Office Building, Industrial Building, Educational Institutional, Retail, Hospitality, and Healthcare), and Geography - Forecast to 2020" report to their offering.

The market is expected to grow at a high CAGR of 31.82% between 2015 and 2020.

The key players in this market include Nest Labs (U.S.), Honeywell international (U.S.), Ecobee (Canada), Schneider Electric SE (France), Emerson Electric Co. (U.S.), Tado (Germany), Control4 Corporation (U.S.), Ingersoll Rand (Ireland), Carrier Corporation (U.S.), and Nortek, Inc. (France).

This research study segments the smart thermostat market on the basis of components, network connectivity, applications, and geography. It also provides revenue forecast, and analyzes the trends in the market.

Smart thermostats are costly as compared to conventional thermostats; therefore, at present, the market size of smart thermostats is not very large.

The high energy saving and decrease in energy wastage offered by these devices has led to increased awareness among consumers, which has boosted its adoption in recent times. North America held the major share in the smart thermostat market in 2014. However, the European market is expected to grow at the highest CAGR during the forecast period.

The report also analyzes the market dynamics such as drivers, restraints, opportunities, current market trends, and the technologies that are expected to revolutionize the smart thermostat market. It includes a competitive landscape of the key players in the smart thermostat market with detailed market ranking analysis and describes the growth strategies such as mergers and acquisitions, collaborations, partnerships, new product developments, and others adopted by the market players.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 Smart Thermostat Market, By Component

8 Smart Thermostat Market, By Network Technology

9 Smart Thermostat Market, By Application

10 Geographic Analysis

11 Competitive Landscape

12 Company Profiles

- Carrier Corporation
- Control4 Corporation
- Ecobee, Inc.
- Emerson Electric Co.
- Honeywell International Inc.
- Ingersoll Rand PLC
- Nest Labs, Inc.
- Nortek, Inc.
- Schneider Electric SE
- Tado GmbH

For more information visit http://www.researchandmarkets.com/research/9qcm5r/smart_thermostat




            

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