Rise in Demand for Energy-Efficient Devices Anticipated to Drive Global Smart Thermostat Market: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Smart thermostat is a new kit of advanced technology to connect heating systems to the internet. It provides users the access to switch heating systems via the internet connected devices. It can be installed easily in smart infrastructure. In addition, it is integrated with sensors and smart-net technology for instance Wi-Fi that provides remote access to the internet connected devices. It is used in smart infrastructure to control smart appliances such as Split ACs, window ACs, portables ACs, heaters, boilers, radiators, and other such appliances. Smart thermostat is popular for use in self-directed or autonomous infrastructure. The smart devices can be programmed and scheduled as per user preferences, especially with set daily routines. Moreover, it has self-learning capacity that adjusts the temperature as per past data captured. It can be easily installed by users and are compatible with wide range of smart electronic appliances. According to study, “Smart Thermostat Market by Type (WiFi, Infrared, Bluetooth, and others), Application (Split AC, Window AC, Portable ACs, and Others), and End Use (Residential, Commercial, Industrial, and Others): Global Opportunity Analysis and Industry Forecast, 2019-2026”. Some of the key companies operating in the global smart thermostat market are Emerson Electric Co., Honeywell International Inc., Ecobee, Johnson Controls, Netatmo, Nest Labs, Schneider Electric, Tado, Siemens AG and Zen Thermostat. Based on component, smart thermostat market is segmented into display, humidity sensor, temperature sensor, motion sensor and others. Based on network technology, market is segmented into wired network and wireless network. Wireless network includes Zigbee, Bluetooth, WI-FI and Z-wave.ZigBee segment is projected to emerge as a key technology segment owing to manifold advantages such as considerably inexpensive, low power consumption and easy mode of implementation during the forecast period. Based on application, market is segmented into window AC, split AC, portable AC and others. In addition, based on end-use, market is segmented into residential, educational buildings, office building, hospitality, industrial building, healthcare and retail. The smart thermostat market is driven by increase in penetration of Internet-of-Things (IoT) and Artificial Intelligence (AI) based technologies, followed by growth of the smart home market, rise in demand for energy-efficient devices and rapid adoption of smart infrastructure in residential & commercial. However, incompatibility issues in wireless networks and false trigging of switches by sensors may impact the market. Moreover, rise in demand for self-learning automated devices is a key opportunity for market. Based on geography, the North-American region holds largest share in global smart thermostat market owing to wide distribution network of key vendors and rise in demand for managing energy consumption solutions in the region. Whereas, the Asian-Pacific and European regions are anticipated to witness higher CAGR due to favorable government initiatives and rise in the average energy expenditure over the forecast period. In upcoming years, it is expected that future of the market will be bright as a result of increase in use of smart technology in medical monitoring during the forecast period. The global smart thermostat market is projected to generate revenue worth US $1.36 billion in 2019, and is probable to reach US $8.78 billion by 2026, to register a CAGR of 26.0% during the forecast period. For More Information, click on the link below:- Global Smart Thermostat Market Research Report Related Reports:- Global Smart Thermostat Market 2020-2030 by Component, Product, Technology, Application, End User, and Region: Trend Outlook and Growth Opportunity Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications ankur@kenresearch.com +91-9015378249 Tags: Asia Pacific Smart Thermostat Market, Brazil Smart Thermostat Market, Canada Smart Thermostat Market, China Smart Thermostat Market, Ecobee Smart Thermostat Market, Europe Smart Thermostat Market, Germany Smart Thermostat Market, Global Smart Thermostat Industry, Global Smart Thermostat Industry Research, Global Smart Thermostat Industry Research Report, Global Smart Thermostat Market, Global Smart Thermostat Market Analysis Emerson Electric Co. 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