|
Home | Technology News Search Engine:
|
|
|
|
Home: Technology News:
|
|
|
(IT-NEWSWIRE.COM, July 28, 2017 ) The market for smart thermostats is still at its nascent stage, but Publisher's market research analysts expect the market to grow exponentially, as consumers become more aware of the advantages and features of smart thermostats. It is projected that the global smart thermostat market will generate a significant revenue of more than USD 1,314 million by 2019.
The concept of smart homes, which connects domestic appliances such as lighting systems, heating modules, air conditioning units, television sets, computers, entertainment systems, security devices and camera systems using electronic communication units, is rapidly gaining popularity among consumers around the world. The increase in demand for smart homes is expected to drive the demand for smart thermostat market in the forecast period.
For more information http://www.reportsweb.com/global-smart-thermostats-market-2015-2019
Competitive landscape and key vendors
Key vendors of this market are -
Carrier Corporation
ecobee
Honeywell
Ingersoll-Rand
Nest Labs
Other prominent vendors included in this report are Computime, Emerson, Energate, Radio Thermostat Company of America, and Venstar.
Market segmentation of the global smart thermostat by product
Standalone smart thermostats
Networked smart thermostats
Learning smart thermostats
The most basic type of thermostat is the standalone smart thermostats that are controlled by either wall mounted control panels or remote controls. These thermostats are relatively cheaper than other thermostats that are available in the market and are, at the same time, easy to install.
Request Sample Copy http://www.reportsweb.com/inquiry&RW0001232517/sample
Market segmentation of the global smart thermostat by technology
Wi-Fi
Zig Bee
Others
The Wi-Fi technology contributed the largest share in 2014, accounting for almost 38% of the overall market share, which is closely followed by the Zig Bee technology.
Geographical segmentation of the global smart thermostat market
North America
Europe
APAC
MEA
North America, which is home to many smart thermostat manufacturing companies such as Nest Labs and Honeywell, represented about 59% share of the market in 2013 and was the largest market for smart thermostats. The market demand for smart thermostats continue to rise steadily in North America, and market research analysts expect it to grow during the forecast period.
Drivers, challenges, and upcoming trends: Smart thermostat
Publisher's market research report also emphasizes the increased channel partnering by smart thermostat vendors who are expanding their market partnerships to boost product sales and increase market share. They are focusing on developing devices that are user-friendly in terms of installation procedures.
This report provides a number of factors contributing to the adoption, limitations, and opportunities of the global smart thermostat market. It also offers an analysis of each factor and an estimation of the extent to which the factors are likely to impact the overall market growth.
Make an enquiry: http://www.reportsweb.com/inquiry&RW0001232517/buying
ReportsWeb.com
Rajat Sahni
+1-646-491-9876
sales@reportsweb.com
Source: EmailWire.Com 
Source: EmailWire.com
|
|
|
|
|
Technology News Headlines
|
|
|
|
|
Technology Business Video Feed
|
|
More Technology Video Feeds
|
|
|
