Global Smart Thermostat Market Opportunities and Forecast 2023-2030

  •   DLR2434
  •   April, 2022
  •   Pages: 120
  •  Global
Covid-19 Impact on Smart Thermostat Market:

Like many other industries, COVID-19 badly knocked the electronic and semiconductor industries. This unprecedented event has impacted nearly 230 countries in just a few weeks, resulting in the forced shutdown of manufacturing and transportation activities within and across the countries. This has directly affected the overall sector's growth. It is estimated that COVID-19 to leave more than USD 30 billion impacts on the electronics and semiconductor industry. The sector is majorly affected due to transport restrictions on major electronics and semiconductor raw material providers. However, the emerging need for semiconductors in several industries will offer rapid market recovery over the future period.

Smart Thermostat Market Overview

Smart thermostats are thermostats that can be used with home automation and are responsible for controlling a home's heating, ventilation, and air conditioning.  They allow users to adjust heating settings from other internet-connected devices, such as a laptop or smartphones. The global Smart Thermostat market is expected to witness significant growth due to higher demand for smart thermostats in the next few years. A smart thermostat is a major energy-saving device for smart homes/buildings. Smart thermostats are mainly used in residential buildings. Also, enhancements in residential and commercial buildings have driven the RFID industry. These factors directly boost the demand for smart thermostats which in turn is further enhancing their market statistics.

Additionally, other factors such as encouragement from governments for using energy-saving devices, growing energy prices, and the rising need to optimize power in order to cut energy bills are expected to fuel the growth of the Smart Thermostat market. Moreover, companies are continuously focusing on integrating smart thermostats with IoT to operate smart thermostats from remote locations. This key fact remarkably contributing to the growth of the market in near future.

On the other hand, lack of awareness about the smart thermostat and increasing price-based competition are the main factors projected to hamper the growth of the smart thermostat market during the forecast period.

Smart Thermostat Market Segment Overview

Based on products, the learning smart thermostat segment is expected to register the highest growth in the market. This is because it is easy to use and equipped with advanced technologies. Additionally, the learning smart thermostat is not required to be programmed regularly like the connected thermostat. It is the finest device favored by smart homeowners for residential applications.

In addition, smart thermostats are progressively being adopted by small and medium enterprises (SMEs), due to the rising trend of digitization and increasing adoption of building automation solutions. This prime factor is expected to boost the growth of the Smart Thermostats market in the coming period.

Smart Thermostat Market Regional Overview

Region-wise, North America and Europe are major markets for a smart thermostat. This is because of the increasing number of smart homes across these regions. Similarly, the Asia Pacific is expected to register the fastest growth during the forecast period. The growing adoption of smartphones and smart electronic appliances in residential, commercial, and industrial sectors is expected to propel the smart thermostat industry in this region.

Smart Thermostat Market Competitor overview

·       In December 2020, Carrier launched an updated zoning sensor to be used with its flagship Infinity System. The sensor provides homeowners with a wall control featuring a new, contemporary design, with the ability to control an individual zone in an Infinity zoning system.

·       In September 2020, Eni gas e luce and tado° announced a new partnership, tado°’s Smart Thermostat solution will be part of Eni gas e luce’s Smart Home offer for the Italian market, strengthening the brand’s energy efficiency solutions offering.

Smart Thermostat Market, Key Players

·       Emerson Electric Co.
·       Ecobee, Inc.
·       Honeywell International Inc.
·       Johnson Controls
·       Nest Labs, Inc.
·       Control4 Corporation
·       Schnieder Electric SE
·       Tado GmbH
·       Nortek, Inc.
·       Ingersoll Rand plc.
·       Alphabet 
·       Lennox International 
·       Carrier Corporation 
·       Legrand 
·       Resideo Technologies 
·       Siemens 
·       Trane Technologies 

Smart Thermostat Market Segmentation

Smart Thermostat Market, By Products

·       Connected Smart thermostat
·       Learning Smart Thermostat
·       Standalone Smart Thermostat

Smart Thermostat Market, By Technology
  • Wireless Network
    • Wi-Fi
    • Zigbee
    • Z-wave
    • Bluetooth
  • Wired Network
Smart Thermostat Market, By Installation Type

·       New Installation
·       Retrofit Installation

Smart Thermostat Market, By End User

·       Residential
·       Commercial
·       Industrial
·       Others

Smart Thermostat Market, By Region:
  • North America
    • US
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • Japan
    • China
    • India
    • Australia
    • South Korea
    • Rest of Asia-Pacific
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East and Africa
    • GCC
    • South Africa
    • Rest of Middle East and Africa


1. Introduction

  • 1.1. Research Scope
  • 1.2. Market Segmentation
  • 1.3. Research Methodology
  • 1.4. Definitions and Assumptions

2. Executive Summary

    3. Market Dynamics

    • 3.1. Market Drivers
    • 3.2. Market Restraints
    • 3.3. Market Opportunities

    4. Key Insights

    • 4.1. Key Emerging Trends – For Major Countries
    • 4.2. Latest Technological Advancement
    • 4.3. Regulatory Landscape
    • 4.4. Industry SWOT Analysis
    • 4.5. Porters Five Forces Analysis

    5. Global Smart Thermostat Market Analysis (USD Billion), Insights and Forecast, 2020-2027

    • 5.1. Key Findings / Summary
    • 5.2. Market Analysis, Insights and Forecast – By Products
      • 5.2.1. Connected Smart thermostat
      • 5.2.2. Learning Smart Thermostat
      • 5.2.3. Standalone Smart Thermostat
    • 5.3. Market Analysis, Insights and Forecast – By Technology
      • 5.3.1. Wireless Network
        • 5.3.1.1. Wi-Fi
        • 5.3.1.2. Zigbee
        • 5.3.1.3. Z-wave
        • 5.3.1.4. Bluetooth
      • 5.3.2. Wired Network
    • 5.4. Market Analysis, Insights, and Forecast – By Installation Type
      • 5.4.1. New Installation
      • 5.4.2. Retrofit Installation
    • 5.5. Market Analysis, Insights, and Forecast – By End User
      • 5.5.1. Eyewear
      • 5.5.2. Solar Panels
      • 5.5.3. Automotive
      • 5.5.4. Building And Construction
      • 5.5.5. Consumer Goods
      • 5.5.6. Others
    • 5.6. Market Analysis, Insights and Forecast – By Region
      • 5.6.1. North America
      • 5.6.2. Latin America
      • 5.6.3. Europe
      • 5.6.4. Asia Pacific
      • 5.6.5. Middle East and Africa

    6. North America Smart Thermostat Market Analysis (USD Billion), Insights and Forecast, 2020-2027

    • 6.1. Key Findings / Summary
    • 6.2. Market Analysis, Insights and Forecast – By Products
      • 6.2.1. Connected Smart thermostat
      • 6.2.2. Learning Smart Thermostat
      • 6.2.3. Standalone Smart Thermostat
    • 6.3. Market Analysis, Insights and Forecast – By Technology
      • 6.3.1. Wireless Network
        • 6.3.1.1. Wi-Fi
        • 6.3.1.2. Zigbee
        • 6.3.1.3. Z-wave
        • 6.3.1.4. Bluetooth
      • 6.3.2. Wired Network
    • 6.4. Market Analysis, Insights and Forecast – By Installation Type
      • 6.4.1. New Installation
      • 6.4.2. Retrofit Installation
    • 6.5. Market Analysis, Insights and Forecast – By End User
      • 6.5.1. Residential
      • 6.5.2. Commercial
      • 6.5.3. Industrial
      • 6.5.4. Others
    • 6.6. Market Analysis, Insights and Forecast – By Country
      • 6.6.1. U.S.
      • 6.6.2. Canada

    7. Latin America Smart Thermostat Market Analysis (USD Billion), Insights and Forecast, 2020-2027

    • 7.1. Key Findings / Summary
    • 7.2. Market Analysis, Insights and Forecast – By Products
      • 7.2.1. Connected Smart thermostat
      • 7.2.2. Learning Smart Thermostat
      • 7.2.3. Standalone Smart Thermostat
    • 7.3. Market Analysis, Insights and Forecast – By Technology
      • 7.3.1. Wireless Network
        • 7.3.1.1. Wi-Fi
        • 7.3.1.2. Zigbee
        • 7.3.1.3. Z-wave
        • 7.3.1.4. Bluetooth
      • 7.3.2. Wired Network
    • 7.4. Market Analysis, Insights and Forecast – By Installation Type
      • 7.4.1. New Installation
      • 7.4.2. Retrofit Installation
    • 7.5. Market Analysis, Insights and Forecast – By End User
      • 7.5.1. Residential
      • 7.5.2. Commercial
      • 7.5.3. Industrial
      • 7.5.4. Others
    • 7.6. Market Analysis, Insights and Forecast – By Country
      • 7.6.1. Brazil
      • 7.6.2. Mexico
      • 7.6.3. Rest of Latin America

    8. Europe Smart Thermostat Market Analysis (USD Billion), Insights and Forecast, 2020-2027

    • 8.1. Key Findings / Summary
    • 8.2. Market Analysis, Insights and Forecast – By Products
      • 8.2.1. Connected Smart thermostat
      • 8.2.2. Learning Smart Thermostat
      • 8.2.3. Standalone Smart Thermostat
    • 8.3. Market Analysis, Insights and Forecast – By Technology
      • 8.3.1. Wireless Network
        • 8.3.1.1. Wi-Fi
        • 8.3.1.2. Zigbee
        • 8.3.1.3. Z-wave
        • 8.3.1.4. Bluetooth
      • 8.3.2. Wired Network
    • 8.4. Market Analysis, Insights and Forecast – By Installation Type
      • 8.4.1. New Installation
      • 8.4.2. Retrofit Installation
    • 8.5. Market Analysis, Insights and Forecast – By End User
      • 8.5.1. Residential
      • 8.5.2. Commercial
      • 8.5.3. Industrial
      • 8.5.4. Others
    • 8.6. Market Analysis, Insights and Forecast – By Country
      • 8.6.1. UK
      • 8.6.2. Germany
      • 8.6.3. France
      • 8.6.4. Italy
      • 8.6.5. Spain
      • 8.6.6. Russia
      • 8.6.7. Rest of Europe

    9. Asia Pacific Smart Thermostat Market Analysis (USD Billion), Insights and Forecast, 2020-2027

    • 9.1. Key Findings / Summary
    • 9.2. Market Analysis, Insights and Forecast – By Products
      • 9.2.1. Connected Smart thermostat
      • 9.2.2. Learning Smart Thermostat
      • 9.2.3. Standalone Smart Thermostat
    • 9.3. Market Analysis, Insights and Forecast – By Technology
      • 9.3.1. Wireless Network
        • 9.3.1.1. Wi-Fi
        • 9.3.1.2. Zigbee
        • 9.3.1.3. Z-wave
        • 9.3.1.4. Bluetooth
      • 9.3.2. Wired Network
    • 9.4. Market Analysis, Insights and Forecast – By Installation Type
      • 9.4.1. New Installation
      • 9.4.2. Retrofit Installation
    • 9.5. Market Analysis, Insights and Forecast – By End User
      • 9.5.1. Residential
      • 9.5.2. Commercial
      • 9.5.3. Industrial
      • 9.5.4. Others
    • 9.6. Market Analysis, Insights and Forecast – By Country
      • 9.6.1. China
      • 9.6.2. India
      • 9.6.3. Japan
      • 9.6.4. Australia
      • 9.6.5. South East Asia
      • 9.6.6. Rest of Asia Pacific

    10. Middle East & Africa Smart Thermostat Market Analysis (USD Billion), Insights and Forecast, 2020-2027

    • 10.1. Key Findings / Summary
    • 10.2. Market Analysis, Insights and Forecast – By Products
      • 10.2.1. Connected Smart thermostat
      • 10.2.2. Learning Smart Thermostat
      • 10.2.3. Standalone Smart Thermostat
    • 10.3. Market Analysis, Insights and Forecast – By Technology
      • 10.3.1. Wireless Network
        • 10.3.1.1. Wi-Fi
        • 10.3.1.2. Zigbee
        • 10.3.1.3. Z-wave
        • 10.3.1.4. Bluetooth
      • 10.3.2. Wired Network
    • 10.4. Market Analysis, Insights and Forecast – By Installation Type
      • 10.4.1. New Installation
      • 10.4.2. Retrofit Installation
    • 10.5. Market Analysis, Insights and Forecast – By End User
      • 10.5.1. Residential
      • 10.5.2. Commercial
      • 10.5.3. Industrial
      • 10.5.4. Others
    • 10.6. Market Analysis, Insights and Forecast – By Country
      • 10.6.1. GCC
      • 10.6.2. South Africa
      • 10.6.3. Rest of Middle East & Africa

    11. Competitive Analysis

    • 11.1. Company Market Share Analysis, 2018
    • 11.2. Key Industry Developments
    • 11.3. Company Profile
    • 11.4. Emerson Electric Co.
      • 11.4.1. Business Overview
      • 11.4.2. Segment 1 & Service Offering
      • 11.4.3. Overall Revenue
      • 11.4.4. Geographic Presence
      • 11.4.5. Recent Development
    *Similar details will be provided for the following companies
    • 11.5. Ecobee, Inc.
    • 11.6. Honeywell International Inc.
    • 11.7. Johnson Controls
    • 11.8. Nest Labs, Inc.
    • 11.9. Control4 Corporation
    • 11.10. Schnieder Electric SE
    • 11.11. Tado GmbH
    • 11.12. Nortek, Inc.
    • 11.13. Ingersoll Rand plc.
    • 11.14. Alphabet
    • 11.15. Lennox International
    • 11.16. Carrier Corporation
    • 11.17. Legrand
    • 11.18. Resideo Technologies
    • 11.19. Siemens
    List of Figures

    Figure 1: Global Smart Thermostat Market Revenue Breakdown (USD Billion, %) by Region, 2019 & 2027
    Figure 2: Global Market Value Share (%), By Segment 1, 2019 & 2027
    Figure 3: Global Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
    Figure 4: Global Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
    Figure 5: Global Market Value Share (%), By Segment 2, 2019 & 2027
    Figure 6: Global Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
    Figure 7: Global Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
    Figure 8: Global Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
    Figure 9: Global Smart Thermostat Market Forecast (USD Billion), by Others, 2016-2027
    Figure 10: Global Market Value Share (%), By Segment 3, 2019 & 2027
    Figure 11: Global Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
    Figure 12: Global Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
    Figure 13: Global Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
    Figure 14: Global Market Forecast (USD Billion), by Others, 2016-2027
    Figure 15: Global Market Value (USD Billion), by Region, 2019 & 2027
    Figure 16: North America Smart Thermostat Market Value Share (%), By Segment 1, 2019 & 2027
    Figure 17: North America Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
    Figure 18: North America Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
    Figure 19: North America Market Value Share (%), By Segment 2, 2019 & 2027
    Figure 20: North America Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
    Figure 21: North America Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
    Figure 22: North America Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
    Figure 23: North America Market Forecast (USD Billion), by Others, 2016-2027
    Figure 24: North America Market Value Share (%), By Segment 3, 2019 & 2027
    Figure 25: North America Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
    Figure 26: North America Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
    Figure 27: North America Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
    Figure 28: North America Market Forecast (USD Billion), by Others, 2016-2027
    Figure 29: North America Market Forecast (USD Billion), by U.S., 2016-2027
    Figure 30: North America Market Forecast (USD Billion), by Canada, 2016-2027
    Figure 31: Latin America Smart Thermostat Market Value Share (%), By Segment 1, 2019 & 2027
    Figure 32: Latin America Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
    Figure 33: Latin America Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
    Figure 34: Latin America Market Value Share (%), By Segment 2, 2019 & 2027
    Figure 35: Latin America Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
    Figure 36: Latin America Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
    Figure 37: Latin America Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
    Figure 38: Latin America Market Forecast (USD Billion), by Others, 2016-2027
    Figure 39: Latin America Market Value Share (%), By Segment 3, 2019 & 2027
    Figure 40: Latin America Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
    Figure 41: Latin America Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
    Figure 42: Latin America Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
    Figure 43: Latin America Market Forecast (USD Billion), by Others, 2016-2027
    Figure 44: Latin America Market Forecast (USD Billion), by Brazil, 2016-2027
    Figure 45: Latin America Market Forecast (USD Billion), by Mexico, 2016-2027
    Figure 46: Latin America Market Forecast (USD Billion), by Rest of Latin America, 2016-2027
    Figure 47: Europe Smart Thermostat Market Value Share (%), By Segment 1, 2019 & 2027
    Figure 48: Europe Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
    Figure 49: Europe Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
    Figure 50: Europe Market Value Share (%), By Segment 2, 2019 & 2027
    Figure 51: Europe Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
    Figure 52: Europe Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
    Figure 53: Europe Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
    Figure 54: Europe Market Forecast (USD Billion), by Others, 2016-2027
    Figure 55: Europe Market Value Share (%), By Segment 3, 2019 & 2027
    Figure 56: Europe Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
    Figure 57: Europe Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
    Figure 58: Europe Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
    Figure 59: Europe Market Forecast (USD Billion), by Others, 2016-2027
    Figure 60: Europe Market Forecast (USD Billion), by U.K., 2016-2027
    Figure 61: Europe Market Forecast (USD Billion), by Germany, 2016-2027
    Figure 62: Europe Market Forecast (USD Billion), by France, 2016-2027
    Figure 63: Europe Market Forecast (USD Billion), by Italy, 2016-2027
    Figure 64: Europe Market Forecast (USD Billion), by Spain, 2016-2027
    Figure 65: Europe Market Forecast (USD Billion), by Russia, 2016-2027
    Figure 66: Europe Market Forecast (USD Billion), by Rest of Europe, 2016-2027
    Figure 67: Asia Pacific Smart Thermostat Market Value Share (%), By Segment 1, 2019 & 2027
    Figure 68: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
    Figure 69: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
    Figure 70: Asia Pacific Market Value Share (%), By Segment 2, 2019 & 2027
    Figure 71: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
    Figure 72: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
    Figure 73: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
    Figure 74: Asia Pacific Market Forecast (USD Billion), by Others, 2016-2027
    Figure 75: Asia Pacific Market Value Share (%), By Segment 3, 2019 & 2027
    Figure 76: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
    Figure 77: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
    Figure 78: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
    Figure 79: Asia Pacific Market Forecast (USD Billion), by Others, 2016-2027
    Figure 80: Asia Pacific Market Forecast (USD Billion), by China, 2016-2027
    Figure 81: Asia Pacific Market Forecast (USD Billion), by India, 2016-2027
    Figure 82: Asia Pacific Market Forecast (USD Billion), by Japan, 2016-2027
    Figure 83: Asia Pacific Market Forecast (USD Billion), by Australia, 2016-2027
    Figure 84: Asia Pacific Market Forecast (USD Billion), by Southeast Asia, 2016-2027
    Figure 85: Asia Pacific Market Forecast (USD Billion), by Rest of Asia Pacific, 2016-2027
    Figure 86: Middle East & Africa Smart Thermostat Market Value Share (%), By Segment 1, 2019 & 2027
    Figure 87: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
    Figure 88: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
    Figure 89: Middle East & Africa Market Value Share (%), By Segment 2, 2019 & 2027
    Figure 90: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
    Figure 91: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
    Figure 92: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
    Figure 93: Middle East & Africa Market Forecast (USD Billion), by Others, 2016-2027
    Figure 94: Middle East & Africa Market Value Share (%), By Segment 3, 2019 & 2027
    Figure 95: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
    Figure 96: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
    Figure 97: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
    Figure 98: Middle East & Africa Market Forecast (USD Billion), by Others, 2016-2027
    Figure 99: Middle East & Africa Market Forecast (USD Billion), by GCC, 2016-2027
    Figure 100: Middle East & Africa Market Forecast (USD Billion), by South Africa, 2016-2027
    Figure 101: Middle East & Africa Market Forecast (USD Billion), by Rest of Middle East & Africa, 2016-2027 
    List of Tables
    Table 1: Global Smart Thermostat Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
    Table 2: Global Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
    Table 3: Global Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
    Table 4: Global Market Revenue (USD Billion) Forecast, by Region, 2016-2027
    Table 5: North America Smart Thermostat Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
    Table 6: North America Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
    Table 7: North America Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
    Table 8: North America Market Revenue (USD Billion) Forecast, by Country, 2016-2027
    Table 9: Europe Smart Thermostat Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
    Table 10: Europe Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
    Table 11: Europe Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
    Table 12: Europe Market Revenue (USD Billion) Forecast, by Country, 2016-2027
    Table 13: Latin America Smart Thermostat Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
    Table 14: Latin America Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
    Table 15: Latin America Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
    Table 16: Latin America Market Revenue (USD Billion) Forecast, by Country, 2016-2027
    Table 17: Asia Pacific Smart Thermostat Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
    Table 18: Asia Pacific Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
    Table 19: Asia Pacific Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
    Table 20: Asia Pacific Market Revenue (USD Billion) Forecast, by Country, 2016-2027
    Table 21: Middle East & Africa Smart Thermostat Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
    Table 22: Middle East & Africa Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
    Table 23: Middle East & Africa Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
    Table 24: Middle East & Africa Market Revenue (USD Billion) Forecast, by Country, 2016-2027
    Research Process

    Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.

    In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization

    FIGURE 1: DLR RESEARH PROCESS

    Primary Research

    Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.

    In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.

    It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.

    Secondary Research

    Secondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.

    Market Size Estimation

    Both, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.

    Forecast Model