Smart Thermostat Market in APAC 2015-2019

  • ID: 3608997
  • Report
  • 80 pages
  • TechNavio
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

1 of 5

FEATURED COMPANIES

  • Carrier
  • Ecobee
  • Emerson
  • Energate
  • Honeywell
  • Ingersoll-Rand plc.
  • MORE
About Smart Thermostat

A smart thermostat uses sensors to control and regulate temperature remotely or through smart devices such as smartphones, tablets, and desktops. The settings can be changed as per the time of the day. It even learns and adapts as per the daily usage of the house occupants.

The analysts forecast the smart thermostat market in APAC to grow at a CAGR of 63.98% during the period 2015-2019.

Covered in this report
The report covers the present scenario and the growth prospects of the smart thermostat market in APAC for the period 2015-2019. To calculate the market size, the report considers:
- Revenue generated exclusively from smart thermostats, which are Wi-Fi-enabled programmable thermostats.
- Smart thermostat devices used in houses

The report, Smart Thermostat Market in APAC 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Carrier
- Ecobee
- Honeywell
- Nest

Other prominent vendors
- Emerson
- Energate
- Ingersoll-Rand

Market drivers
- Increasing smart homes market
- For a full, detailed list, view the full report

Market challenges
- Energy efficient remodelling homes
- For a full, detailed list, view the full report

Market trends
- Pricing strategy
- For a full, detailed list, view the full report

Key questions answered in this report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
READ MORE
Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • Carrier
  • Ecobee
  • Emerson
  • Energate
  • Honeywell
  • Ingersoll-Rand plc.
  • MORE
PART 01: Executive summary
  • Highlights
PART 02: Scope of the report
  • Market overview
  • Top-vendor offerings
PART 03: Market research methodology
  • Research methodology
  • Economic indicators
PART 04: Introduction
  • Key market highlights
PART 05: Market landscape
  • Market overview
  • Thermostats
  • Smart thermostats
  • Market size and forecast
  • ASP trend
Five forces analysis

PART 06: Market segmentation by technology
  • Smart thermostat market segmentation by technology
  • Market size and forecast
  • Smart thermostat market in APAC by Wi-Fi
  • Smart thermostat market in APAC by ZigBee
  • Smart thermostat market in APAC by others
PART 07: Key leading countries
  • China
  • Japan
  • South Korea
PART 08: Market drivers
  • Growing smart homes market
  • Increase in power prices
  • Government regulations
  • Booming e-commerce in Asia
PART 09: Impact of drivers

PART 10: Market challenges
  • Energy-efficient remodeling homes
  • Lack of awareness of smart thermostats
  • High prices of smart thermostats
PART 11: Impact of drivers and challenges

PART 12: Market trends
  • Pricing strategy
  • Increasing energy consumption
  • Increased channel
PARTnering
  • Open source smart thermostats
PART 13: Vendor landscape
  • Competitive scenario
  • Other prominent vendors
PART 14: Key vendor analysis
  • Carrier
  • ecobee
  • Honeywell International
  • Nest Labs
PART 15: Appendix
  • List of abbreviation
PART 16: About the Author

Exhibit 01: Product offerings
Exhibit 02: Global thermostat market overview
Exhibit 03: Schedules of normal and smart thermostats
Exhibit 04: Smart thermostat market in APAC 2014-2019 ($ millions)
Exhibit 05: Smart thermostat market in APAC 2014-2019 (units in thousands)
Exhibit 06: ASP of smart thermostat 2014-2019 (per unit)
Exhibit 07: Five forces analysis
Exhibit 08: Smart thermostat market in APAC by technology 2014-2019
Exhibit 09: Smart thermostat market in APAC by Wi-Fi 2014-2019 ($ millions)
Exhibit 10: Smart thermostat market in APAC by ZigBee 2014-2019 ($ millions)
Exhibit 11: Smart thermostat market in APAC by others 2014-2019 ($ millions)
Exhibit 12: Key leading countries
Exhibit 13: Drivers, challenges, and trends in smart thermostats market in China
Exhibit 14: Drivers, challenges, and trends in smart thermostat market in Japan
Exhibit 15: Drivers, challenges, and trends in smart thermostat market in South Korea
Exhibit 16: Smart home market in APAC 2014-2019 ($ billions)
Exhibit 17: Electricity tariffs in selected countries 2014 (KW/hr)
Exhibit 18: E-commerce retail sales 2014 ($ billions)
Exhibit 19: Impact of drivers
Exhibit 20: Impact of drivers and challenges
Exhibit 21: Energy production and consumption trend (crude oil, shale oil, oil sands, and natural gas liquids) in APAC (billion barrels)
Exhibit 22: Carrier: Product segmentation
Exhibit 23: ecobee: Business segmentation
Exhibit 24: Honeywell International: Business segmentation by revenue 2014
Exhibit 25: Honeywell International: Business segmentation by revenue 2013 and 2014 ($ billions)
Exhibit 26: Honeywell International: Geographical segmentation by revenue 2014
Note: Product cover images may vary from those shown
3 of 5

Loading
LOADING...

4 of 5

FEATURED COMPANIES

  • Carrier
  • Ecobee
  • Emerson
  • Energate
  • Honeywell
  • Ingersoll-Rand plc.
  • MORE
New Report Released: – Smart Thermostat Market in APAC 2015-2019

The author of the report recognizes the following companies as the key players in the Smart Thermostat Market in APAC: Carrier, Ecobee, Emerson, Energate, Honeywell, Nest and Trane

Other Prominent Vendors in the market are: Ingersoll-Rand plc.

Commenting on the report, an analyst from the research team said: “The market in APAC is at a nascent stage. To drive the market, vendors are adopting different pricing strategies. Coupons are a quick way to entice customers by offering coupons as an incentive whether vendors are launching new products or trying to reduce excess inventory , . This trend is common in the US and the UK.”

According to the report, the global demand for electricity has been rising continuously in response to widespread industrialization, increasing populations, and growing energy consumption. Electricity charges account for a huge part of consumers’ monthly utility bills. Homeowners need to minimize energy consumption to reduce costs. Smart thermostats help users monitor their heating and cooling patterns and remotely monitor appliances so that they can conserve energy.

Further, the report states that ineffective marketing by vendors, the lack of awareness about the benefits of smart thermostats, and the inability to quantify the exact benefits are factors preventing the market from growing.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
5 of 5
- Carrier
- Ecobee
- Emerson
- Energate
- Honeywell
- Nest
- Trane
- Ingersoll-Rand plc.
Note: Product cover images may vary from those shown
6 of 5
Note: Product cover images may vary from those shown
Adroll
adroll