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Thermostat a temperature sensing device that, under normal operation, maintains a controlled part within a certain temperature range by automatic open circuit or closed circuit. The operating temperature is fixed or adjustable only.
Smart thermostats form an integral part of smart homes and have gained high traction in developed regions such as Europe and North America.
Market Analysis and Insights: Global Thermostat Market
The global Thermostat market is valued at US$ 2661.7 million in 2019. The market size will reach US$ 3786 million by the end of 2026, growing at a CAGR of 5.1% during 2021-2026.
Global Thermostat Scope and Segment
Thermostat market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Thermostat market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2016-2027.
Segment by Type
Plug-In Type Thermostat
Immersion Type Thermostat
Surface Type Thermostat
Segment by Application
Business
Industrial
Residential
By Company
Allure Energy
Climote
Computime Group
GridPoint
Honeywell International
Ingersoll Rand
Radio Thermostat
Schneider Electric
Tado
Production by Region
North America
Europe
China
Japan
South Korea
Taiwan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Smart thermostats form an integral part of smart homes and have gained high traction in developed regions such as Europe and North America.
Market Analysis and Insights: Global Thermostat Market
The global Thermostat market is valued at US$ 2661.7 million in 2019. The market size will reach US$ 3786 million by the end of 2026, growing at a CAGR of 5.1% during 2021-2026.
Global Thermostat Scope and Segment
Thermostat market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Thermostat market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2016-2027.
Segment by Type
Plug-In Type Thermostat
Immersion Type Thermostat
Surface Type Thermostat
Segment by Application
Business
Industrial
Residential
By Company
Allure Energy
Climote
Computime Group
GridPoint
Honeywell International
Ingersoll Rand
Radio Thermostat
Schneider Electric
Tado
Production by Region
North America
Europe
China
Japan
South Korea
Taiwan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
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