Study Period | 2019-2032 |
Base Year | 2023 |
Forcast Year | 2023-2032 |
CAGR | 8.46 |
Wi-Fi Thermostats Market Analysis Report 2023-2032:
The Wi-Fi Thermostats Market size is estimated to grow at a CAGR of 6.78% between 2022 and 2032. The market size is forecast to increase by USD 3,567.89 million. The growth of the market depends on several factors, including the increasing adoption of smart home technologies, rising energy efficiency concerns, and the growing demand for remote access and control of heating and cooling systems. A Wi-Fi thermostat is a smart device that allows users to control and monitor their home's temperature remotely through a wireless internet connection. It offers features such as programmable schedules, energy usage monitoring, and integration with other smart home devices, providing convenience, comfort, and energy savings to users.
Wi-Fi Thermostats Market Overview
Drivers
One of the key factors driving the Wi-Fi thermostats market growth is the increasing adoption of smart home technologies. Smart homes are becoming increasingly popular as they offer convenience, energy efficiency, and enhanced security. Wi-Fi thermostats are an integral part of smart home systems, allowing users to control and automate their heating and cooling systems remotely. The ability to adjust temperature settings, create personalized schedules, and receive energy usage insights through smartphone apps or voice assistants has made Wi-Fi thermostats a desirable choice for homeowners. As the adoption of smart home technologies continues to rise, the demand for Wi-Fi thermostats is expected to grow significantly.
Moreover, the growing concern for energy efficiency is driving the demand for Wi-Fi thermostats. Energy consumption for heating and cooling purposes accounts for a significant portion of residential energy usage. Wi-Fi thermostats enable users to optimize their energy consumption by providing precise temperature control, scheduling options, and energy usage monitoring. By allowing users to remotely adjust temperature settings and create energy-saving schedules, Wi-Fi thermostats help reduce energy waste and lower utility bills. As energy efficiency becomes a priority for homeowners and governments alike, the demand for Wi-Fi thermostats is expected to increase.
Trends
A key trend shaping the Wi-Fi thermostats market growth is the integration with voice assistants and smart speakers. Voice-controlled smart home devices, such as Amazon Echo and Google Home, have gained widespread popularity. Wi-Fi thermostats that are compatible with these voice assistants allow users to control their heating and cooling systems using voice commands. This integration provides a hands-free and convenient way to adjust temperature settings, create schedules, and receive temperature updates. As voice assistants continue to penetrate households, the demand for Wi-Fi thermostats with voice control capabilities is expected to rise.
Additionally, the increasing focus on energy management and sustainability is driving the development of advanced features in Wi-Fi thermostats. Manufacturers are incorporating machine learning algorithms and AI capabilities into thermostats to optimize energy usage based on user preferences, weather conditions, and occupancy patterns. These smart features enable Wi-Fi thermostats to learn and adapt to users' behavior, automatically adjusting temperature settings for maximum comfort and energy efficiency. As consumers become more conscious of their environmental impact and seek energy-saving solutions, the demand for Wi-Fi thermostats with advanced energy management features is expected to grow.
One of the key challenges hindering the Wi-Fi thermostats market growth is the complexity of installation and setup. Unlike traditional thermostats, Wi-Fi thermostats require a wireless internet connection and compatibility with the existing heating and cooling systems. The installation process may involve wiring and configuration, which can be daunting for some users. Additionally, troubleshooting connectivity issues and ensuring compatibility with different HVAC systems can be time-consuming and frustrating. The complexity of installation and setup may deter some homeowners from adopting Wi-Fi thermostats, limiting market growth.
Furthermore, concerns about data privacy and security pose a restraint to the market. Wi-Fi thermostats collect and transmit data about users' temperature preferences, occupancy patterns, and energy usage. This data can be vulnerable to hacking or unauthorized access if proper security measures are not in place. The potential risks associated with data breaches and privacy violations may discourage some users from adopting Wi-Fi thermostats. Manufacturers and service providers need to address these concerns by implementing robust security protocols and educating users about data privacy to foster trust and drive market growth.
Wi-Fi Thermostats Market Segmentation By Application
The residential segment is estimated to witness significant growth during the forecast period. Wi-Fi thermostats offer homeowners the convenience of remotely controlling and monitoring their heating and cooling systems. With Wi-Fi connectivity, users can adjust temperature settings, create personalized schedules, and receive energy usage insights through smartphone apps or voice assistants. The ability to optimize energy consumption, increase comfort, and save on utility bills has made Wi-Fi thermostats a popular choice for residential applications. As the adoption of smart home technologies continues to rise, the demand for Wi-Fi thermostats in residential settings is expected to grow.
The commercial segment is also expected to contribute to the market growth. Wi-Fi thermostats provide businesses with the flexibility to remotely manage temperature settings in commercial buildings, offices, and retail spaces. The ability to create customized schedules, monitor energy usage, and receive alerts for maintenance or system malfunctions enhances energy efficiency and reduces operational costs. As businesses prioritize energy management and seek smart solutions for their HVAC systems, the demand for Wi-Fi thermostats in commercial applications is expected to increase.
Wi-Fi Thermostats Market Segmentation By Type
The programmable thermostats segment is estimated to witness significant growth during the forecast period. Programmable Wi-Fi thermostats allow users to create customized temperature schedules based on their daily routines and preferences. Users can set different temperature settings for different times of the day, ensuring comfort and energy savings. The ability to program temperature schedules remotely through smartphone apps or voice assistants adds convenience and flexibility. As homeowners and businesses seek energy-saving solutions and personalized comfort, the demand for programmable Wi-Fi thermostats is expected to grow.
The learning thermostats segment is also expected to contribute to the market growth. Learning Wi-Fi thermostats use machine learning algorithms and AI capabilities to automatically adjust temperature settings based on user behavior, weather conditions, and occupancy patterns. These thermostats learn from users' temperature preferences and make intelligent decisions to optimize energy usage and comfort. The self-learning feature eliminates the need for manual programming and provides a seamless and personalized experience. As consumers prioritize convenience and energy efficiency, the demand for learning Wi-Fi thermostats is expected to increase.
Regional Overview
North America is estimated to contribute significantly to the growth of the global market during the forecast period. The region has a high adoption rate of smart home technologies and a strong emphasis on energy efficiency. Wi-Fi thermostats are widely adopted in North American households and commercial buildings, driven by the convenience, energy savings, and remote access they offer. The presence of major market players, technological advancements, and favorable government initiatives supporting energy management further contribute to the market growth in North America.
Europe is also expected to contribute to the market growth. The region has a growing focus on sustainability and energy management, driving the demand for smart home solutions. Wi-Fi thermostats are gaining popularity in European households and commercial buildings as users seek energy-saving options and remote control capabilities. The presence of stringent energy efficiency regulations and incentives for adopting smart home technologies further propel the market growth in Europe.
In 2020, during the COVID-19 pandemic, the growth of the global Wi-Fi thermostats market witnessed a temporary slowdown due to disruptions in supply chains and construction activities. However, as the situation improved and restrictions were lifted, the market witnessed a rebound. The increasing adoption of remote work and the need for energy-efficient solutions in residential and commercial buildings have contributed to the market recovery and are expected to drive the market during the forecast period.
Wi-Fi Thermostats Market Customer Landscape
The Wi-Fi thermostats market industry report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Who are the Major Wi-Fi Thermostats Market Companies?
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
Nest Labs Inc. (a subsidiary of Alphabet Inc.): Nest is known for its smart thermostats that learn and adapt to users' preferences. Its flagship product, the Nest Learning Thermostat, offers energy-saving features and integration with other smart home devices.
Ecobee Inc.: Ecobee manufactures smart thermostats that focus on room-specific temperature control. Their products include remote sensors that enable more accurate temperature adjustments based on occupancy.
Honeywell International Inc.: Honeywell offers a range of smart and connected thermostats under its "Home" division. These thermostats feature intuitive interfaces and integration with popular smart home platforms.
The research report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:
The competitive landscape of the market comprises these companies, each contributing to the development and innovation of Wi-Fi thermostats.
The Wi-Fi thermostats market report offers revenue forecasts at global, regional, and country levels, presenting insights into trends and opportunities from 2019 to 2032.
Application Outlook (USD Million, 2019 - 2032)
Residential
Commercial
Type Outlook (USD Million, 2019 - 2032)
Smart Learning Thermostats
Programmable Thermostats
Geography Outlook (USD Million, 2019 - 2032)
North America
The U.S.
Canada
Europe
U.K.
Germany
France
Rest of Europe
APAC
China
India
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Saudi Arabia
UAE
Rest of Middle East & Africa
Table of Contents
EMEA (Europe, Middle East and Africa) Wi-Fi Thermostats Market Report 2017
1 Wi-Fi Thermostats Overview
1.1 Product Overview and Scope of Wi-Fi Thermostats
1.2 Classification of Wi-Fi Thermostats
1.2.1 EMEA Wi-Fi Thermostats Market Size (Sales) Comparison by Type (2012-2022)
1.2.2 EMEA Wi-Fi Thermostats Market Size (Sales) Market Share by Type (Product Category) in 2016
1.2.3 Battery-powered
1.2.4 Hardwired
1.3 EMEA Wi-Fi Thermostats Market by Application/End Users
1.3.1 EMEA Wi-Fi Thermostats Sales (Volume) and Market Share Comparison by Application (2012-2022
1.3.2 Residential
1.3.3 Commercial
1.4 EMEA Wi-Fi Thermostats Market by Region
1.4.1 EMEA Wi-Fi Thermostats Market Size (Value) Comparison by Region (2012-2022)
1.4.2 Europe Status and Prospect (2012-2022)
1.4.3 Middle East Status and Prospect (2012-2022)
1.4.4 Africa Status and Prospect (2012-2022)
1.5 EMEA Market Size (Value and Volume) of Wi-Fi Thermostats (2012-2022)
1.5.1 EMEA Wi-Fi Thermostats Sales and Growth Rate (2012-2022)
1.5.2 EMEA Wi-Fi Thermostats Revenue and Growth Rate (2012-2022)
2 EMEA Wi-Fi Thermostats Competition by Manufacturers/Players/Suppliers, Region, Type and Application
2.1 EMEA Wi-Fi Thermostats Market Competition by Players/Manufacturers
2.1.1 EMEA Wi-Fi Thermostats Sales Volume and Market Share of Major Players (2012-2017)
2.1.2 EMEA Wi-Fi Thermostats Revenue and Share by Players (2012-2017)
2.1.3 EMEA Wi-Fi Thermostats Sale Price by Players (2012-2017)
2.2 EMEA Wi-Fi Thermostats (Volume and Value) by Type/Product Category
2.2.1 EMEA Wi-Fi Thermostats Sales and Market Share by Type (2012-2017)
2.2.2 EMEA Wi-Fi Thermostats Revenue and Market Share by Type (2012-2017)
2.2.3 EMEA Wi-Fi Thermostats Sale Price by Type (2012-2017)
2.3 EMEA Wi-Fi Thermostats (Volume) by Application
2.4 EMEA Wi-Fi Thermostats (Volume and Value) by Region
2.4.1 EMEA Wi-Fi Thermostats Sales and Market Share by Region (2012-2017)
2.4.2 EMEA Wi-Fi Thermostats Revenue and Market Share by Region (2012-2017)
2.4.3 EMEA Wi-Fi Thermostats Sales Price by Region (2012-2017)
3 Europe Wi-Fi Thermostats (Volume, Value and Sales Price), by Players, Countries, Type and Application
3.1 Europe Wi-Fi Thermostats Sales and Value (2012-2017)
3.1.1 Europe Wi-Fi Thermostats Sales Volume and Growth Rate (2012-2017)
3.1.2 Europe Wi-Fi Thermostats Revenue and Growth Rate (2012-2017)
3.2 Europe Wi-Fi Thermostats Sales and Market Share by Type
3.3 Europe Wi-Fi Thermostats Sales and Market Share by Application
3.4 Europe Wi-Fi Thermostats Sales Volume and Value (Revenue) by Countries
3.4.1 Europe Wi-Fi Thermostats Sales Volume by Countries (2012-2017)
3.4.2 Europe Wi-Fi Thermostats Revenue by Countries (2012-2017)
3.4.3 Germany Wi-Fi Thermostats Sales and Growth Rate (2012-2017)
3.4.4 France Wi-Fi Thermostats Sales and Growth Rate (2012-2017)
3.4.5 UK Wi-Fi Thermostats Sales and Growth Rate (2012-2017)
3.4.6 Russia Wi-Fi Thermostats Sales and Growth Rate (2012-2017)
3.4.7 Italy Wi-Fi Thermostats Sales and Growth Rate (2012-2017)
3.4.8 Benelux Wi-Fi Thermostats Sales and Growth Rate (2012-2017)
4 Middle East Wi-Fi Thermostats (Volume, Value and Sales Price), by Region, Type and Application
4.1 Middle East Wi-Fi Thermostats Sales and Value (2012-2017)
4.1.1 Middle East Wi-Fi Thermostats Sales Volume and Growth Rate (2012-2017)
4.1.2 Middle East Wi-Fi Thermostats Revenue and Growth Rate (2012-2017)
4.2 Middle East Wi-Fi Thermostats Sales and Market Share by Type
4.3 Middle East Wi-Fi Thermostats Sales and Market Share by Application
4.4 Middle East Wi-Fi Thermostats Sales Volume and Value (Revenue) by Countries
4.4.1 Middle East Wi-Fi Thermostats Sales Volume by Countries (2012-2017)
4.4.2 Middle East Wi-Fi Thermostats Revenue by Countries (2012-2017)
4.4.3 Saudi Arabia Wi-Fi Thermostats Sales and Growth Rate (2012-2017)
4.4.4 Israel Wi-Fi Thermostats Sales and Growth Rate (2012-2017)
4.4.5 UAE Wi-Fi Thermostats Sales and Growth Rate (2012-2017)
4.4.6 Iran Wi-Fi Thermostats Sales and Growth Rate (2012-2017)
5 Africa Wi-Fi Thermostats (Volume, Value and Sales Price) by Players, Countries, Type and Application
5.1 Africa Wi-Fi Thermostats Sales and Value (2012-2017)
5.1.1 Africa Wi-Fi Thermostats Sales Volume and Growth Rate (2012-2017)
5.1.2 Africa Wi-Fi Thermostats Revenue and Growth Rate (2012-2017)
5.2 Africa Wi-Fi Thermostats Sales and Market Share by Type
5.3 Africa Wi-Fi Thermostats Sales and Market Share by Application
5.4 Africa Wi-Fi Thermostats Sales Volume and Value (Revenue) by Countries
5.4.1 Africa Wi-Fi Thermostats Sales Volume by Countries (2012-2017)
5.4.2 Africa Wi-Fi Thermostats Revenue by Countries (2012-2017)
5.4.3 South Africa Wi-Fi Thermostats Sales and Growth Rate (2012-2017)
5.4.4 Nigeria Wi-Fi Thermostats Sales and Growth Rate (2012-2017)
5.4.5 Egypt Wi-Fi Thermostats Sales and Growth Rate (2012-2017)
5.4.6 Algeria Wi-Fi Thermostats Sales and Growth Rate (2012-2017)
6 EMEA Wi-Fi Thermostats Manufacturers/Players Profiles and Sales Data
6.1 Honeywell
6.1.1 Company Basic Information, Manufacturing Base and Competitors
6.1.2 Wi-Fi Thermostats Product Type, Application and Specification
6.1.2.1 Product A
6.1.2.2 Product B
6.1.3 Honeywell Wi-Fi Thermostats Sales, Revenue, Price and Gross Margin (2012-2017)
6.1.4 Main Business/Business Overview
6.2 Emerson
6.2.1 Company Basic Information, Manufacturing Base and Competitors
6.2.2 Wi-Fi Thermostats Product Type, Application and Specification
6.2.2.1 Product A
6.2.2.2 Product B
6.2.3 Emerson Wi-Fi Thermostats Sales, Revenue, Price and Gross Margin (2012-2017)
6.2.4 Main Business/Business Overview
6.3 Nest
6.3.1 Company Basic Information, Manufacturing Base and Competitors
6.3.2 Wi-Fi Thermostats Product Type, Application and Specification
6.3.2.1 Product A
6.3.2.2 Product B
6.3.3 Nest Wi-Fi Thermostats Sales, Revenue, Price and Gross Margin (2012-2017)
6.3.4 Main Business/Business Overview
6.4 Johnson Controls
6.4.1 Company Basic Information, Manufacturing Base and Competitors
6.4.2 Wi-Fi Thermostats Product Type, Application and Specification
6.4.2.1 Product A
6.4.2.2 Product B
6.4.3 Johnson Controls Wi-Fi Thermostats Sales, Revenue, Price and Gross Margin (2012-2017)
6.4.4 Main Business/Business Overview
6.5 Eecobee
6.5.1 Company Basic Information, Manufacturing Base and Competitors
6.5.2 Wi-Fi Thermostats Product Type, Application and Specification
6.5.2.1 Product A
6.5.2.2 Product B
6.5.3 Eecobee Wi-Fi Thermostats Sales, Revenue, Price and Gross Margin (2012-2017)
6.5.4 Main Business/Business Overview
6.6 Schneider Electric
6.6.1 Company Basic Information, Manufacturing Base and Competitors
6.6.2 Wi-Fi Thermostats Product Type, Application and Specification
6.6.2.1 Product A
6.6.2.2 Product B
6.6.3 Schneider Electric Wi-Fi Thermostats Sales, Revenue, Price and Gross Margin (2012-2017)
6.6.4 Main Business/Business Overview
6.7 Bosch
6.7.1 Company Basic Information, Manufacturing Base and Competitors
6.7.2 Wi-Fi Thermostats Product Type, Application and Specification
6.7.2.1 Product A
6.7.2.2 Product B
6.7.3 Bosch Wi-Fi Thermostats Sales, Revenue, Price and Gross Margin (2012-2017)
6.7.4 Main Business/Business Overview
6.8 Lux Products
6.8.1 Company Basic Information, Manufacturing Base and Competitors
6.8.2 Wi-Fi Thermostats Product Type, Application and Specification
6.8.2.1 Product A
6.8.2.2 Product B
6.8.3 Lux Products Wi-Fi Thermostats Sales, Revenue, Price and Gross Margin (2012-2017)
6.8.4 Main Business/Business Overview
6.9 Carrier
6.9.1 Company Basic Information, Manufacturing Base and Competitors
6.9.2 Wi-Fi Thermostats Product Type, Application and Specification
6.9.2.1 Product A
6.9.2.2 Product B
6.9.3 Carrier Wi-Fi Thermostats Sales, Revenue, Price and Gross Margin (2012-2017)
6.9.4 Main Business/Business Overview
7 Wi-Fi Thermostats Manufacturing Cost Analysis
7.1 Wi-Fi Thermostats Key Raw Materials Analysis
7.1.1 Key Raw Materials
7.1.2 Price Trend of Key Raw Materials
7.1.3 Key Suppliers of Raw Materials
7.1.4 Market Concentration Rate of Raw Materials
7.2 Proportion of Manufacturing Cost Structure
7.2.1 Raw Materials
7.2.2 Labor Cost
7.2.3 Manufacturing Expenses
7.3 Manufacturing Process Analysis of Wi-Fi Thermostats
8 Industrial Chain, Sourcing Strategy and Downstream Buyers
8.1 Wi-Fi Thermostats Industrial Chain Analysis
8.2 Upstream Raw Materials Sourcing
8.3 Raw Materials Sources of Wi-Fi Thermostats Major Manufacturers in 2016
8.4 Downstream Buyers
9 Marketing Strategy Analysis, Distributors/Traders
9.1 Marketing Channel
9.1.1 Direct Marketing
9.1.2 Indirect Marketing
9.1.3 Marketing Channel Development Trend
9.2 Market Positioning
9.2.1 Pricing Strategy
9.2.2 Brand Strategy
9.2.3 Target Client
9.3 Distributors/Traders List
10 Market Effect Factors Analysis
10.1 Technology Progress/Risk
10.1.1 Substitutes Threat
10.1.2 Technology Progress in Related Industry
10.2 Consumer Needs/Customer Preference Change
10.3 Economic/Political Environmental Change
11 EMEA Wi-Fi Thermostats Market Forecast (2017-2022)
11.1 EMEA Wi-Fi Thermostats Sales, Revenue and Price Forecast (2017-2022)
11.1.1 EMEA Wi-Fi Thermostats Sales and Growth Rate Forecast (2017-2022)
11.1.2 EMEA Wi-Fi Thermostats Revenue and Growth Rate Forecast (2017-2022)
11.1.3 EMEA Wi-Fi Thermostats Price and Trend Forecast (2017-2022)
11.2 EMEA Wi-Fi Thermostats Sales, Revenue and Growth Rate Forecast by Region (2017-2022)
11.3 Europe Wi-Fi Thermostats Sales, Revenue and Growth Rate Forecast by Region (2017-2022)
11.4 Middle Eastt Wi-Fi Thermostats Sales, Revenue and Growth Rate Forecast by Region (2017-2022)
11.5 Africa Wi-Fi Thermostats Sales, Revenue and Growth Rate Forecast by Region (2017-2022)
11.6 EMEA Wi-Fi Thermostats Sales Forecast by Type (2017-2022)
11.7 EMEA Wi-Fi Thermostats Sales Forecast by Application (2017-2022)
12 Research Findings and Conclusion
13 Appendix
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
List of Tables and Figures
Figure Product Picture of Wi-Fi Thermostats
Figure EMEA Wi-Fi Thermostats Sales Volume (K Units) by Type (2012-2022)
Figure EMEA Wi-Fi Thermostats Sales Volume Market Share by Type (Product Category) in 2016
Figure Battery-powered Product Picture
Figure Hardwired Product Picture
Figure EMEA Wi-Fi Thermostats Sales Volume (K Units) by Application (2012-2022)
Figure EMEA Sales Market Share of Wi-Fi Thermostats by Application in 2016
Figure Residential Examples
Table Key Downstream Customer in Residential
Figure Commercial Examples
Table Key Downstream Customer in Commercial
Figure EMEA Wi-Fi Thermostats Market Size (Million USD) by Region (2012-2022)
Figure Europe Wi-Fi Thermostats Revenue (Million USD) and Growth Rate (2012-2022)
Figure Europe Wi-Fi Thermostats Revenue (Million USD) Status and Forecast by Countries
Figure Middle East Wi-Fi Thermostats Revenue (Million USD) and Growth Rate (2012-2022)
Figure Middle East Wi-Fi Thermostats Revenue (Million USD) Status and Forecast by Countries
Figure Africa Wi-Fi Thermostats Revenue (Million USD) and Growth Rate (2012-2022)
Figure Africa Wi-Fi Thermostats Revenue (Million USD) Status and Forecast by Countries
Figure EMEA Wi-Fi Thermostats Sales Volume and Growth Rate (2012-2022)
Figure EMEA Wi-Fi Thermostats Revenue (Million USD) and Growth Rate (2012-2022)
Figure EMEA Wi-Fi Thermostats Market Major Players Product Sales Volume (K Units) (2012-2017)
Table EMEA Wi-Fi Thermostats Sales Volume (K Units) of Major Players (2012-2017)
Table EMEA Wi-Fi Thermostats Sales Share by Players (2012-2017)
Figure 2016 Wi-Fi Thermostats Sales Share by Players
Figure 2017 Wi-Fi Thermostats Sales Share by Players
Figure EMEA Wi-Fi Thermostats Market Major Players Product Revenue (Million USD) (2012-2017)
Table EMEA Wi-Fi Thermostats Revenue (Million USD) by Players (2012-2017)
Table EMEA Wi-Fi Thermostats Revenue Share by Players (2012-2017)
Table 2016 EMEA Wi-Fi Thermostats Revenue Share by Players
Table 2017 EMEA Wi-Fi Thermostats Revenue Share by Players
Table EMEA Wi-Fi Thermostats Sale Price (USD/Unit) by Players (2012-2017)
Table EMEA Wi-Fi Thermostats Sales (K Units) and Market Share by Type (2012-2017)
Table EMEA Wi-Fi Thermostats Sales Share by Type (2012-2017)
Figure Sales Market Share of Wi-Fi Thermostats by Type (2012-2017)
Figure EMEA Wi-Fi Thermostats Sales Market Share by Type (2012-2017)
Table EMEA Wi-Fi Thermostats Revenue (Million USD) and Market Share by Type (2012-2017)
Table EMEA Wi-Fi Thermostats Revenue Share by Type (2012-2017)
Figure Revenue Market Share of Wi-Fi Thermostats by Type in 2016
Table EMEA Wi-Fi Thermostats Sale Price (USD/Unit) by Type (2012-2017)
Table EMEA Wi-Fi Thermostats Sales (K Units) and Market Share by Application (2012-2017)
Table EMEA Wi-Fi Thermostats Sales Share by Application (2012-2017)
Figure Sales Market Share of Wi-Fi Thermostats by Application (2012-2017)
Figure EMEA Wi-Fi Thermostats Sales Market Share by Application in 2016
Table EMEA Wi-Fi Thermostats Sales (K Units) and Market Share by Region (2012-2017)
Table EMEA Wi-Fi Thermostats Sales Share by Region (2012-2017)
Figure Sales Market Share of Wi-Fi Thermostats by Region (2012-2017)
Figure EMEA Wi-Fi Thermostats Sales Market Share in 2016
Table EMEA Wi-Fi Thermostats Revenue (Million USD) and Market Share by Region (2012-2017)
Table EMEA Wi-Fi Thermostats Revenue Share by Region (2012-2017)
Figure Revenue Market Share of Wi-Fi Thermostats by Region (2012-2017)
Figure EMEA Wi-Fi Thermostats Revenue Market Share Regions in 2016
Table EMEA Wi-Fi Thermostats Sales Price (USD/Unit) by Region (2012-2017)
Figure Europe Wi-Fi Thermostats Sales (K Units) and Growth Rate (2012-2017)
Figure Europe Wi-Fi Thermostats Revenue and Growth Rate (2012-2017)
Table Europe Wi-Fi Thermostats Sales (K Units) by Type (2012-2017)
Table Europe Wi-Fi Thermostats Market Share by Type (2012-2017)
Figure Europe Wi-Fi Thermostats Market Share by Type in 2016
Table Europe Wi-Fi Thermostats Sales (K Units) by Application (2012-2017)
Table Europe Wi-Fi Thermostats Market Share by Application (2012-2017)
Figure Europe Wi-Fi Thermostats Market Share by Application in 2016
Table Europe Wi-Fi Thermostats Sales (K Units) by Countries (2012-2017)
Table Europe Wi-Fi Thermostats Sales Market Share by Countries (2012-2017)
Figure Europe Wi-Fi Thermostats Sales Market Share by Countries (2012-2017)
Figure Europe Wi-Fi Thermostats Sales Market Share by Countries in 2016
Table Europe Wi-Fi Thermostats Revenue (Million USD) by Countries (2012-2017)
Table Europe Wi-Fi Thermostats Revenue Market Share by Countries (2012-2017)
Figure Europe Wi-Fi Thermostats Revenue Market Share by Countries (2012-2017)
Figure Europe Wi-Fi Thermostats Revenue Market Share by Countries in 2016
Figure Germany Wi-Fi Thermostats Sales (K Units) and Growth Rate (2012-2017)
Figure France Wi-Fi Thermostats Sales (K Units) and Growth Rate (2012-2017)
Figure UK Wi-Fi Thermostats Sales (K Units) and Growth Rate (2012-2017)
Figure Russia Wi-Fi Thermostats Sales (K Units) and Growth Rate (2012-2017)
Figure Italy Wi-Fi Thermostats Sales (K Units) and Growth Rate (2012-2017)
Figure Benelux Wi-Fi Thermostats Sales (K Units) and Growth Rate (2012-2017)
Figure Middle East Wi-Fi Thermostats Sales (K Units) and Growth Rate (2012-2017)
Figure Middle East Wi-Fi Thermostats Revenue (Million USD) and Growth Rate (2012-2017)
Table Middle East Wi-Fi Thermostats Sales (K Units) by Type (2012-2017)
Table Middle East Wi-Fi Thermostats Market Share by Type (2012-2017)
Figure Middle East Wi-Fi Thermostats Market Share by Type (2012-2017)
Table Middle East Wi-Fi Thermostats Sales (K Units) by Applications (2012-2017)
Table Middle East Wi-Fi Thermostats Market Share by Applications (2012-2017)
Figure Middle East Wi-Fi Thermostats Sales Market Share by Application in 2016
Table Middle East Wi-Fi Thermostats Sales Volume (K Units) by Countries (2012-2017)
Table Middle East Wi-Fi Thermostats Sales Volume Market Share by Countries (2012-2017)
Figure Middle East Wi-Fi Thermostats Sales Volume Market Share by Countries in 2016
Table Middle East Wi-Fi Thermostats Revenue (Million USD) by Countries (2012-2017)
Table Middle East Wi-Fi Thermostats Revenue Market Share by Countries (2012-2017)
Figure Middle East Wi-Fi Thermostats Revenue Market Share by Countries (2012-2017)
Figure Middle East Wi-Fi Thermostats Revenue Market Share by Countries in 2016
Figure Saudi Arabia Wi-Fi Thermostats Sales (K Units) and Growth Rate (2012-2017)
Figure Israel Wi-Fi Thermostats Sales (K Units) and Growth Rate (2012-2017)
Figure UAE Wi-Fi Thermostats Sales (K Units) and Growth Rate (2012-2017)
Figure Iran Wi-Fi Thermostats Sales (K Units) and Growth Rate (2012-2017)
Figure Africa Wi-Fi Thermostats Sales (K Units) and Growth Rate (2012-2017)
Figure Africa Wi-Fi Thermostats Revenue (Million USD) and Growth Rate (2012-2017)
Table Africa Wi-Fi Thermostats Sales (K Units) by Type (2012-2017)
Table Africa Wi-Fi Thermostats Sales Market Share by Type (2012-2017)
Figure Africa Wi-Fi Thermostats Sales Market Share by Type (2012-2017)
Figure Africa Wi-Fi Thermostats Sales Market Share by Type in 2016
Table Africa Wi-Fi Thermostats Sales (K Units) by Application (2012-2017)
Table Africa Wi-Fi Thermostats Sales Market Share by Application (2012-2017)
Figure Africa Wi-Fi Thermostats Sales Market Share by Application (2012-2017)
Table Africa Wi-Fi Thermostats Sales Volume (K Units) by Countries (2012-2017)
Table Africa Wi-Fi Thermostats Sales Market Share by Countries (2012-2017)
Figure Africa Wi-Fi Thermostats Sales Market Share by Countries (2012-2017)
Figure Africa Wi-Fi Thermostats Sales Market Share by Countries in 2016
Table Africa Wi-Fi Thermostats Revenue (Million USD) by Countries (2012-2017)
Table Africa Wi-Fi Thermostats Revenue Market Share by Countries (2012-2017)
Figure Africa Wi-Fi Thermostats Revenue Market Share by Countries (2012-2017)
Figure Africa Wi-Fi Thermostats Revenue Market Share by Countries in 2016
Figure South Africa Wi-Fi Thermostats Sales (K Units) and Growth Rate (2012-2017)
Figure Nigeria Wi-Fi Thermostats Sales (K Units) and Growth Rate (2012-2017)
Figure Egypt Wi-Fi Thermostats Sales (K Units) and Growth Rate (2012-2017)
Figure Algeria Wi-Fi Thermostats Sales (K Units) and Growth Rate (2012-2017)
Table Honeywell Wi-Fi Thermostats Basic Information List
Table Honeywell Wi-Fi Thermostats Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2012-2017)
Figure Honeywell Wi-Fi Thermostats Sales (K Units) and Growth Rate (2012-2017)
Figure Honeywell Wi-Fi Thermostats Sales Market Share in EMEA (2012-2017)
Figure Honeywell Wi-Fi Thermostats Revenue Market Share in EMEA (2012-2017)
Table Emerson Wi-Fi Thermostats Basic Information List
Table Emerson Wi-Fi Thermostats Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2012-2017)
Figure Emerson Wi-Fi Thermostats Sales (K Units) and Growth Rate (2012-2017)
Figure Emerson Wi-Fi Thermostats Sales Market Share in EMEA (2012-2017)
Figure Emerson Wi-Fi Thermostats Revenue Market Share in EMEA (2012-2017)
Table Nest Wi-Fi Thermostats Basic Information List
Table Nest Wi-Fi Thermostats Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2012-2017)
Figure Nest Wi-Fi Thermostats Sales (K Units) and Growth Rate (2012-2017)
Figure Nest Wi-Fi Thermostats Sales Market Share in EMEA (2012-2017)
Figure Nest Wi-Fi Thermostats Revenue Market Share in EMEA (2012-2017)
Table Johnson Controls Wi-Fi Thermostats Basic Information List
Table Johnson Controls Wi-Fi Thermostats Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2012-2017)
Figure Johnson Controls Wi-Fi Thermostats Sales (K Units) and Growth Rate (2012-2017)
Figure Johnson Controls Wi-Fi Thermostats Sales Market Share in EMEA (2012-2017)
Figure Johnson Controls Wi-Fi Thermostats Revenue Market Share in EMEA (2012-2017)
Table Eecobee Wi-Fi Thermostats Basic Information List
Table Eecobee Wi-Fi Thermostats Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2012-2017)
Figure Eecobee Wi-Fi Thermostats Sales (K Units) and Growth Rate (2012-2017)
Figure Eecobee Wi-Fi Thermostats Sales Market Share in EMEA (2012-2017)
Figure Eecobee Wi-Fi Thermostats Revenue Market Share in EMEA (2012-2017)
Table Schneider Electric Wi-Fi Thermostats Basic Information List
Table Schneider Electric Wi-Fi Thermostats Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2012-2017)
Figure Schneider Electric Wi-Fi Thermostats Sales (K Units) and Growth Rate (2012-2017)
Figure Schneider Electric Wi-Fi Thermostats Sales Market Share in EMEA (2012-2017)
Figure Schneider Electric Wi-Fi Thermostats Revenue Market Share in EMEA (2012-2017)
Table Bosch Wi-Fi Thermostats Basic Information List
Table Bosch Wi-Fi Thermostats Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2012-2017)
Figure Bosch Wi-Fi Thermostats Sales (K Units) and Growth Rate (2012-2017)
Figure Bosch Wi-Fi Thermostats Sales Market Share in EMEA (2012-2017)
Figure Bosch Wi-Fi Thermostats Revenue Market Share in EMEA (2012-2017)
Table Lux Products Wi-Fi Thermostats Basic Information List
Table Lux Products Wi-Fi Thermostats Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2012-2017)
Figure Lux Products Wi-Fi Thermostats Sales (K Units) and Growth Rate (2012-2017)
Figure Lux Products Wi-Fi Thermostats Sales Market Share in EMEA (2012-2017)
Figure Lux Products Wi-Fi Thermostats Revenue Market Share in EMEA (2012-2017)
Table Carrier Wi-Fi Thermostats Basic Information List
Table Carrier Wi-Fi Thermostats Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2012-2017)
Figure Carrier Wi-Fi Thermostats Sales (K Units) and Growth Rate (2012-2017)
Figure Carrier Wi-Fi Thermostats Sales Market Share in EMEA (2012-2017)
Figure Carrier Wi-Fi Thermostats Revenue Market Share in EMEA (2012-2017)
Table Production Base and Market Concentration Rate of Raw Material
Figure Price Trend of Key Raw Materials
Table Key Suppliers of Raw Materials
Figure Manufacturing Cost Structure of Wi-Fi Thermostats
Figure Manufacturing Process Analysis of Wi-Fi Thermostats
Figure Wi-Fi Thermostats Industrial Chain Analysis
Table Raw Materials Sources of Wi-Fi Thermostats Major Manufacturers in 2016
Table Major Buyers of Wi-Fi Thermostats
Table Distributors/Traders List
Figure EMEA Wi-Fi Thermostats Sales (K Units) and Growth Rate Forecast (2017-2022)
Figure EMEA Wi-Fi Thermostats Revenue and Growth Rate Forecast (2017-2022)
Figure EMEA Wi-Fi Thermostats Price (USD/Unit) and Trend Forecast (2017-2022)
Table EMEA Wi-Fi Thermostats Sales (K Units) Forecast by Region (2017-2022)
Figure EMEA Wi-Fi Thermostats Sales Market Share Forecast by Region (2017-2022)
Table EMEA Wi-Fi Thermostats Revenue (Million USD) Forecast by Region (2017-2022)
Figure EMEA Wi-Fi Thermostats Revenue Market Share Forecast by Region (2017-2022)
Table Europe Wi-Fi Thermostats Sales (K Units) Forecast by Countries (2017-2022)
Figure Europe Wi-Fi Thermostats Sales Market Share Forecast by Countries (2017-2022)
Table Europe Wi-Fi Thermostats Revenue (Million USD) Forecast by Countries (2017-2022)
Figure Europe Wi-Fi Thermostats Revenue Market Share Forecast by Countries (2017-2022)
Table Middle East Wi-Fi Thermostats Sales (K Units) Forecast by Countries (2017-2022)
Figure Middle East Wi-Fi Thermostats Sales Market Share Forecast by Countries (2017-2022)
Table Middle East Wi-Fi Thermostats Revenue (Million USD) Forecast by Countries (2017-2022)
Figure Middle East Wi-Fi Thermostats Revenue Market Share Forecast by Countries (2017-2022)
Table Africa Wi-Fi Thermostats Sales (K Units) Forecast by Countries (2017-2022)
Figure Africa Wi-Fi Thermostats Sales Market Share Forecast by Countries (2017-2022)
Table Africa Wi-Fi Thermostats Revenue (Million USD) Forecast by Countries (2017-2022)
Figure Africa Wi-Fi Thermostats Revenue Market Share Forecast by Countries (2017-2022)
Table EMEA Wi-Fi Thermostats Sales (K Units) Forecast by Type (2017-2022)
Figure EMEA Wi-Fi Thermostats Sales Market Share Forecast by Type (2017-2022)
Table EMEA Wi-Fi Thermostats Sales (K Units) Forecast by Application (2017-2022)
Figure EMEA Wi-Fi Thermostats Sales Market Share Forecast by Application (2017-2022)
Table Research Programs/Design for This Report
Figure Bottom-up and Top-down Approaches for This Report
Figure Data Triangulation
Table Key Data Information from Secondary Sources
Table Key Data Information from Primary Sources
A research methodology is a systematic approach for assessing or conducting a market study. Researchers tend to draw on a variety of both qualitative and quantitative study methods, inclusive of investigations, survey, secondary data and market observation.
Such plans can focus on classifying the products offered by leading market players or simply use statistical models to interpret observations or test hypotheses. While some methods aim for a detailed description of the factors behind an observation, others present the context of the current market scenario.
Now let’s take a closer look at the research methods here.
Extensive data is obtained and cumulated on a substantial basis during the inception phase of the research process. The data accumulated is consistently filtered through validation from the in-house database, paid sources as well reputable industry magazines. A robust research study requires an understanding of the overall value chain. Annual reports and financials of industry players are studied thoroughly to have a comprehensive idea of the market taxonomy.
Post conglomeration of the data obtained through secondary research; a validation process is initiated to verify the numbers or figures. This process is usually performed by having a detailed discussion with the industry experts.
However, we do not restrict our primary interviews only to the industry leaders. Our team covers the entire value chain while verifying the data. A significant number of raw material suppliers, local manufacturers, distributors, and stakeholders are interviewed to make our findings authentic. The current trends which include the drivers, restraints, and opportunities are also derived through the primary research process.
The market estimation is conducted by analyzing the data collected through both secondary and primary research. This process involves market breakdown, bottom-up and top- down approach.
Moreover, while forecasting the market a comprehensive statistical time series model is designed for each market. Macroeconomic indicators are considered to understand the current trends of the market. Each data point is verified by the process of data triangulation method to arrive at the final market estimates.
The penultimate process results in a holistic research report. The study equips key industry players to undertake significant strategic decisions through the findings. The report encompasses detailed market information. Graphical representations of the current market trends are also made available in order to make the study highly comprehensible for the reader.
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