Smart Thermostats Market Report 2015-2021 - Product Image

Smart Thermostats Market Report 2015-2021

  • ID: 3759077
  • Report
  • 80 pages
  • IoT-Analytics
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Global Smart Thermostat Market Grew 123% in 2015, Indicating Smart Home is Finally Becoming Mainstream

FEATURED COMPANIES

  • Alarm.com
  • Ecobee
  • Hive
  • Honeywell
  • Nest
  • Netatmo
  • MORE
As homes around the world are increasingly becoming “Smart”, “ Smart Thermostats ” are emerging as one of the centerpieces of the Smart Home ecosystem. Global Smart Thermostat sales grew +123% in 2015, indicating Smart Home devices are finally becoming mainstream. To measure the opportunity this report leverages the exclusive App download data from Priori Data, the leading app store intelligence company, in combination with our primary market research enabling us generate extremely granular insights and answer some key questions:

Find Out the Answers To:

- What are the basic market characteristics of the Smart Thermostat Market?
- How has the Smart Thermostat Market developed globally and regionally from Q3/2014 to Q4/2015?
- What are the drivers behind growth in Europe and North America?
- Who are the emerging 25 key vendors by market share?
- Who are the key vendors by country and their development over time?
- What are the current trends in the Smart Thermostat market?
- How is the market expected to develop in the next 5 years (until 2021)?
- Details of the latest M&A transactions?
- Relevant Startup funding rounds?

80-page industry report detailing the $879M Smart Thermostat market including:

- Exclusive market data by month, vendor & country
- Market forecast 2015 to 2021 for top 14 countries
- Market shares of leading companies
- 10 detailed company profiles
- Industry trends analysis
- M&A and funding analysis
- More

Includes:
- 80 Page PDF
- 46 Exhibits
- 10 Company profiles PDF

Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Alarm.com
  • Ecobee
  • Hive
  • Honeywell
  • Nest
  • Netatmo
  • MORE
Executive Summary

1. Introduction

1.1 Typical benefits and product features
1.1.1 Typical benefits
1.1.2 Product classes and typical features
1.2 Technology architecture
1.2.1 Hardware
1.2.2 Communication
1.2.3 Software
1.3 Market characteristics
1.3.1 Market evolution
1.3.2 Main players and their market access

2. Smart Thermostat Market

2.1 Overview
2.1.1 Current global market for Smart Thermostats by devices sold
2.1.2 Current global market for Smart Thermostats by revenue
2.2 Market deep-dive by region/country (devices, revenue, market share)
2.2.1 Regional overview (Smart thermostat revenue)
2.2.2 North America
2.2.3 Europe
2.2.4 BRIC countries
2.3 Market forecast 2016-21
2.4 Special analyses
2.4.1 Global market share (top-30 vendors)
2.4.2 Regional market share
2.4.3 Top-10 vendors over time (globally)
2.4.4 Top upcoming vendors

3. Key Players At A Glance

3.1 Honeywell
3.2 Nest
3.3 Ecobee
3.4 Hive
3.5 Netatmo
3.6 Emerson Climate
3.7 Alarm.com
3.8 Lennox
3.9 Vivint
3.10 Xfinity

4. Innovation & Trends

4.1 General outlook
4.2 Innovation lies in software (rather than hardware)
4.3 Ecosystems will be a game changer
4.3.1 Case study: Introduction of Apple HomeKit & its consequences for Ecobee/Nest
4.3.2 Apple HomeKit
4.3.3 Works with Nest
4.3.4 Other ecosystem standards
4.4 Data privacy and security will make more headlines
4.4.1 Network and endpoint access security
4.4.2 Data encryption
4.4.3 Data privacy
4.5 Cooperation with external partners
4.5.1 Utilities
4.5.1 Contractors
4.6 M&A and Funding Activity
4.6.1 Funding history
4.6.2 Acquisitions

5. Methodology & Definitions

5.1 Product definitions and scope of study
5.1.1 Product definition
5.2 Data sources, reliability and limitations
5.2.1 Download data

6. Appendix

6.1 List of vendors
6.2 List of exhibits and tables

List of exhibits
Exhibit 1: Smart Thermostats are gaining increased interest
Exhibit 2: Smart Thermostats target both residential consumer market & business facing market
Exhibit 3: Smart Thermostat product classification and example device features
Exhibit 4: Internet of Things Technology Architecture
Exhibit 5: North America dominates regional interest in Smart Thermostats
Exhibit 6: Overview of segments, players and typical market access strategies
Exhibit 7: Global Smart Thermostat sales growth in 2015
Exhibit 8: Global Smart Thermostat revenue growth in 2015
Exhibit 9: North America driving Smart Thermostat market with rapid growth.
Exhibit 10: Global Q4/2015 growth vs. previous quarter
Exhibit 11: 65% of the total market in the USA
Exhibit 12: North American Smart Thermostat market
Exhibit 13: Smart Thermostat Market share by vendor: USA
Exhibit 14: Smart Thermostat Market share by vendor: USA
Exhibit 15: Smart Thermostat Market share by vendor: Canada
Exhibit 16: European Smart Thermostat market – Top 5 countries only
Exhibit 17: Smart Thermostat Market share by vendor: Great Britain
Exhibit 18: Smart Thermostat Market share by vendor: Germany
Exhibit 19: Smart Thermostat Market share by vendor: France
Exhibit 20: Smart Thermostat Market share by vendor: Italy
Exhibit 21: Smart Thermostat Market share by vendor: Spain
Exhibit 22: BRICS Smart Thermostat Market
Exhibit 23: Smart Thermostat Market share by vendor: Brasil
Exhibit 24: Smart Thermostat Market share by vendor: Russia
Exhibit 25: Smart Thermostat Market share by vendor: India
Exhibit 26: Smart Thermostat Market share by vendor: China
Exhibit 27: Global Smart Thermostat device sales forecast
Exhibit 28: Global Smart Thermostat revenue forecast
Exhibit 29: Smart Thermostat Market share by vendor: Global
Exhibit 30: Regional Smart Thermostat Market by vendor
Exhibit 31: Smart Thermostat Market share by vendor: Last 18 months
Exhibit 32: Special analysis 1: Ecobee beats market in 2015
Exhibit 33: Special analysis 2: Hive underperforms market in 2015
Exhibit 34: Special analysis 3: Vivint beats market in 2015
Exhibit 35: Honeywell Company Profile
Exhibit 36: Nest Company Profile
Exhibit 37: Ecobee Company Profile
Exhibit 38: Hive Company Profile
Exhibit 39: Netatmo Company Profile
Exhibit 40: Emerson Climate Company Profile
Exhibit 41: Alarm.com Company Profile
Exhibit 42: Lennox Company Profile
Exhibit 43: Vivint Company Profile
Exhibit 44: xFinity Company Profile
Exhibit 45: Smart thermostat technology lifecycle follows traditional S-curve
Exhibit 46: Important roles of a Contractor in Smart thermostat ecosystem

List of tables
Table 1: Funding history of biggest Smart thermostat companies (by funding volume)
Table 2: M&A history of biggest Smart thermostat companies (in chronological order)
Table 3: List of 60 vendors included in the study
Table 4: Global Smart Thermostat market by units (07/2014 – 12/2015) (in attached excel file)
Table 5: Global Smart Thermostat market by revenue (07/2014 – 12/2015) (in attached excel file)
Table 6: Global Top 30 Smart Thermostat Vendor Revenue Over Time (07/2014 – 12/2015) (in attached excel file)
Table 7: Global 6 Year Smart Thermostat Revenue Forecast per Country & Growth (2015-2021) (in attached excel file)
Table 8: Smart Thermostat market by revenue and vendor (07/2014 – 12/2015) for USA (in attached excel file)
Table 9: Smart Thermostat market by revenue and vendor (07/2014 – 12/2015) for Canada (in attached excel file)
Table 10: Smart Thermostat market by revenue and vendor (07/2014 – 12/2015) for France (in attached excel file)
Table 11: Smart Thermostat market by revenue and vendor (07/2014 – 12/2015) for Germany (in attached excel file)
Table 12: Smart Thermostat market by revenue and vendor (07/2014 – 12/2015) for Great Britain (in attached excel file)
Table 13: Smart Thermostat market by revenue and vendor (07/2014 – 12/2015) for Spain (in attached excel file)
Table 14: Smart Thermostat market by revenue and vendor (07/2014 – 12/2015) for Italy (in attached excel file)
Table 15: Smart Thermostat market by revenue and vendor (07/2014 – 12/2015) for China (in attached excel file)
Table 16: Smart Thermostat market by revenue and vendor (07/2014 – 12/2015) for India (in attached excel file)
Table 17: Smart Thermostat market by revenue and vendor (07/2014 – 12/2015) for Russia (in attached excel file)
Table 18: Smart Thermostat market by revenue and vendor (07/2014 – 12/2015) for Brazil (in attached excel file)

Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Alarm.com
  • Ecobee
  • Hive
  • Honeywell
  • Nest
  • Netatmo
  • MORE
The model is based on downloads of more than 120 thermostat apps and reveals insights never-seen before for the Smart Thermostat market. The model is accompanied by a Market Report that is focusing on sizing the opportunity of the Smart Thermostat market for the period 2015 to 2021.

The analysis reveals that the $879M (4.9M devices) Smart Thermostat market is currently seeing its strongest ever momentum as Smart Home adoption and assisted-living solutions are quickly becoming more prevalent in the consumer market. The uptake has been especially strong in North America in 2015 and was driven by very strong Q4/2015 sales.

The study examines the Smart Thermostat market of 14 countries in detail (USA, Canada, Mexica, Great Britain, Germany, France, Spain, Italy, China, India, Japan, Russia, Brazil, Korea) on a monthly basis for the past 18 months, both by number of devices sold as well as realized revenue. The study also gives an outlook by key country until 2021 with the total market size reaching $4.7 billion by 2021.

To better understand the different market players IoT Analytics profiles 10 of the top Smart Thermostat providers, estimates corresponding market share and sales split by country.

Demand for Smart Thermostats is currently strongest in North America with 70% global market share. The overall market is currently dominated by US vendors with Honeywell and Nest emerging as the market leaders. European markets are also starting to pick up but interestingly with a more diverse landscape of vendors such as Hive, Netatmo, and eQ-3.

Commenting on the findings, IoT Analytics Managing Director Knud Lasse Lueth said: “Leveraging the app download data of Priori Data and combining that with our primary market research enables us to generate extremely granular insights. Smart Home markets have thus far disappointed most growth expectations, however the new model highlights a market explosion in November and December. This could indicate that we are at the beginning of a new growth wave in consumer IoT. Looking at the data, it is also very interesting to see how Canadian startup Ecobee has beaten all other players in the marketplace month-by-month in the second half of 2015. Going forward, we believe growth for Smart Home and specifically Smart Thermostat markets remains strong with approximately 60% global growth in the short term and 35% annual growth foreseen for the next 6 years.”
Note: Product cover images may vary from those shown
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- Alarm.com
- Apple
- Ecobee
- Emerson Climate
- Hive
- Honeywell
- Lennox
- Nest
- Netatmo
- Vivint
- Xfinity
- Ecobee
- Emerson Climate
- Hive
- Honeywell
- Lennox
- Nest
- Netatmo
- Vivint
- Xfinity

Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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