スマートサーモスタット市場レポート : 2025-2033年

Smart Thermostat Market Report

スマートサーモスタット市場レポート : 製品 (スタンドアロンスマートサーモスタット、接続されたスマートサーモスタット、学習型スマートサーモスタット)、コンポーネント (ディスプレイ、温度センサー、湿度センサー、モーションセンサーなど)、テクノロジー (有線、無線)、用途 (住宅、商業、産業)、および地域別 2025-2033年
Smart Thermostat Market Report by Product (Standalone Smart Thermostats, Connected Smart Thermostats, Learning Smart Thermostats), Component (Display, Temperature Sensors, Humidity Sensors, Motion Sensors, and Others), Technology (Wired, Wireless), Application (Residential, Commercial, Industrial), and Region 2025-2033

商品番号 : SMB-73389

出版社IMARC Group
出版年月2025年2月
ページ数137
価格タイプシングルユーザライセンス
価格USD 2,999
種別英文調査報告書

Report Overview

The global smart thermostat market size reached USD 4.2 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 15.8 Billion by 2033, exhibiting a growth rate (CAGR) of 15.67% during 2025-2033. The widespread product utilization in commercial buildings, the growing product adoption in industrial settings, extensive research and development (R&D) activities, and the implementation of supportive government policies are some of the major factors propelling the market.

世界のスマートサーモスタット市場規模は、2024 年に 42 億米ドルに達します。今後について、IMARC グループは、市場が 2033 年までに 158 億米ドルに達し、2025 年から 2033 年の間に 15.67% の成長率 (CAGR) を示すと予想しています。商業ビルでの製品利用の広がり、工業環境での製品採用の増加、広範な研究開発(R&D)活動、政府の支援政策の実施などが、市場を推進する主な要因の一部です。

A smart thermostat refers to an advanced electronic device used to control and manage heating and cooling systems. It is comprised of several components, such as temperature sensors, display interface, occupancy sensors, connectivity module, microprocessor, and memory chip. A smart thermostat is widely used in households, commercial buildings, rental apartments, educational institutions, hotels, resorts, and government offices. It is a highly efficient device that provides remote access and control capabilities through smartphones and web interfaces. It also aids in saving energy, lowering utility bills, improving comfort, and creating a hospitable environment.

スマートサーモスタットは、冷暖房システムの制御と管理に使用される高度な電子デバイスを指します。これは、温度センサー、ディスプレイインターフェイス、占有センサー、接続モジュール、マイクロプロセッサ、メモリ チップなどのいくつかのコンポーネントで構成されています。スマートサーモスタットは、家庭、商業ビル、賃貸アパート、教育機関、ホテル、リゾート、官公庁などで広く使用されています。これは、スマートフォンと Web インターフェイスを介してリモートアクセスと制御機能を提供する非常に効率的なデバイスです。また、エネルギーの節約、光熱費の削減、快適性の向上、快適な環境の創出にも役立ちます。

The rising emphasis on energy efficiency and cost savings is one of the factors propelling the market growth. Smart thermostats are widely used to optimize heating and cooling operations, which contributes to significant energy savings and lower utility bills. Furthermore, the increasing adoption of smart homes is facilitating the product demand as it can be easily integrated with other systems, such as voice assistants, smart lighting, and home security, to enable centralized control and enhance user convenience. Moreover, the widespread product adoption to reduce carbon footprint, minimize greenhouse gas (GHG) emissions, and promote sustainability due to the growing awareness regarding climate change and global warming is strengthening the market growth. Other factors, including rising expenditure capacities of consumers, increasing investment in the development of advanced products, and the rapid modernization of aging buildings, are anticipated to drive the market growth.

Smart Thermostat Market Trends/Drivers:

The widespread product utilization in the commercial buildings

Smart thermostats are widely used in commercial buildings to minimize energy wastage, lower utility bills, and achieve substantial energy savings. Furthermore, they enable precise zoning and temperature control in large commercial spaces, thus allowing different areas of the building to be heated or cooled individually. Additionally, smart thermostats can be integrated with building management systems to provide centralized control of heating, ventilation, and air conditioning (HVAC), security, and lighting systems in commercial spaces. Moreover, they are extensively used as part of demand response programs in commercial buildings to automatically adjust temperature settings during peak demand periods. Apart from this, they provide detailed analytics and reporting on energy usage, which aids in identifying opportunities for further energy optimization, implementing targeted energy-saving measures, and tracking the effectiveness of energy management strategies.

The growing product adoption in industrial settings

Smart thermostats are extensively used in industries to regulate the temperature of equipment, machinery, and industrial processes to ensure optimal performance, product quality, and safety. They play a crucial role in optimizing energy consumption by monitoring and controlling temperature settings in industrial spaces, such as warehouses, factories, and distribution centers. Furthermore, smart thermostats provide real-time monitoring, alerts, and automated control to ensure the optimal temperature range for equipment performance and longevity. Apart from this, they are equipped with environmental sensors that can monitor various factors, such as ambient temperature, humidity, and air quality, to ensure compliance with environmental standards. Besides this, smart thermostats contribute to predictive maintenance strategies by providing valuable data on temperature trends, equipment performance, and energy consumption, which aids in detecting anomalies and scheduling maintenance activities.

Extensive research and development (R&D) activities

The integration of advanced sensors that are capable of precise temperature measurement and occupancy detection, which aids in more efficient temperature control and energy savings, is positively influencing the market growth. Additionally, the incorporation of voice assistant features, which enable convenient and hands-free options to access thermostat features, is contributing to the market growth. Furthermore, the utilization of artificial intelligence (AI) and machine learning (ML) algorithms to learn user preferences, occupancy patterns, and environmental conditions to automatically optimize temperature settings, provide personalized comfort, and maximize energy efficiency is propelling the market growth. Apart from this, the integration of geofencing technology, which leverages the user location to automatically adjust temperature settings based on proximity, is favoring the market growth.

Smart Thermostat Market Report Scope:

Report FeaturesDetails
Base Year of the Analysis2024
Historical Period2019-2024
Forecast Period2025-2033
UnitsBillion USD
Scope of the ReportExploration of Historical and Forecast Trends, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment:

  • Product
  • Component
  • Technology
  • Application
  • Region
Products CoveredStandalone Smart Thermostats, Connected Smart Thermostats, Learning Smart Thermostats
Components CoveredDisplay, Temperature Sensors, Humidity Sensors, Motion Sensors, Others
Technologies Covered
  • Wired
  • Wireless: WiFI, Zigbee, Others
Applications CoveredResidential, Commercial, Industrial
Regions CoveredAsia Pacific, Europe, North America, Latin America, Middle East and Africa
Companies CoveredNest Labs, Inc., Honeywell International Inc., Ecobee, Inc., Emerson Electric Co., Schneider Electric SE, Tado GmbH, Control4 Corporation, Carrier Corporation and Nortek, Inc.
Customization Scope10% Free Customization
Post-Sale Analyst Support10-12 Weeks
Delivery FormatPDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Smart Thermostat Industry Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the global smart thermostat market report, along with forecasts at the global, and regional levels from 2025-2033. Our report has categorized the market based on product, component, technology, and application.

Breakup by Product:

  • Standalone Smart Thermostats
  • Connected Smart Thermostats
  • Learning Smart Thermostats

Learning smart thermostats dominates the market

The report has provided a detailed breakup and analysis of the market based on the product. This includes standalone, connected, and learning smart thermostats. According to the report, learning smart thermostats represented the largest market segment.

Learning smart thermostats employ advanced algorithms and machine learning capabilities to automatically optimize temperature settings based on user preferences, occupancy patterns, and external factors. They are designed to maximize energy efficiency by creating personalized temperature schedules that align with user habits, thus reducing energy waste during unoccupied periods and optimizing comfort when needed. Furthermore, learning smart thermostats are capable of analyzing historical data, such as temperature adjustments and weather conditions, to anticipate and make accurate temperature adjustments without any manual interventions. Apart from this, they also feature user-friendly interfaces and intuitive controls, allowing users to adjust settings effortlessly.

Breakup by Component:

  • Display
  • Temperature Sensors
  • Humidity Sensors
  • Motion Sensors
  • Others

The report has provided a detailed breakup and analysis of the market based on the component. This includes display, temperature sensors, humidity sensors, motion sensors, and others.

The display component holds a majority market share owing to its user-friendliness, which enables users to view and adjust temperature settings, create schedules, and receive feedback on system status. Furthermore, the display component provides real-time temperature monitoring capability, allowing users to easily view and assess the current temperature in their environment. Moreover, it offers access to data and graphs that display energy consumption patterns, which assist users in identifying opportunities for energy savings.

Temperature sensors are essential components of smart thermostats. They are designed to provide accurate and precise temperature measurements, which is crucial for maintaining optimum comfort levels and achieving high energy efficiency. Furthermore, temperature sensors play a vital role in optimizing heating and cooling operations to prevent unnecessary energy consumption and maintain the desired temperature.

Breakup by Technology:

  • Wired
  • Wireless
  • WiFi
  • Zig Bee
  • Others

Wireless dominates the market

The report has provided a detailed breakup and analysis of the market based on the technology. This includes wired and wireless (WiFi, Zigbee, and others). According to the report, wireless represented the largest market segment.

Wireless technology is dominating the market due to its easy installation and flexibility, which eliminates the need for complex wiring and allows users to choose the optimal placement for thermostats. Additionally, it enables users to remotely control and monitor thermostats, adjust settings, create schedules, and receive real-time information and notifications, thus enhancing overall comfort and energy efficiency. Furthermore, wireless technology allows the seamless integration of smart thermostats with advanced home ecosystems, which aids in improving overall user experience and convenience. Moreover, it offers scalability and expandability options, allowing homeowners or building managers to add more units as needed without the constraints of wiring limitations.

Breakup by Application:

  • Residential
  • Commercial
  • Industrial

Residential dominates the market

The report has provided a detailed breakup and analysis of the market based on the application. This includes residential, commercial, and industrial. According to the report, residential represented the largest market segment.

Smart thermostats are widely used in residential spaces owing to their ability to optimize comfort and enhance energy efficiency. Furthermore, they allow homeowners to customize settings, create personalized schedules, and set different temperatures for different rooms. Moreover, smart thermostats offer remote monitoring and control capabilities through smartphone applications, which allow occupants to adjust settings from anywhere and ensure a comfortable temperature remotely. Apart from this, they can adapt to learn user behavior, preferences, and temperature patterns over time, thus providing a comfortable environment without the need for constant manual adjustments. Additionally, the widespread product adoption in smart home applications is acting as another growth-inducing factor.

Breakup by Region:

  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • Latin America

Asia Pacific exhibits a clear dominance in the market, accounting for the largest smart thermostat market share

The report has also provided a comprehensive analysis of all the major regional markets, which include North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. According to the report, Asia Pacific represented the largest market segment.

Asia Pacific is dominating the market due to the increasing construction of residential buildings and rapid urbanization activities. Furthermore, the presence of several key market players in the region, who are at the forefront of developing cutting-edge smart home technologies, including smart thermostats, is providing a boost to the market growth. Additionally, the implementation of supportive regulations by regional government to promote energy efficiency and sustainable development is contributing to the market growth. Moreover, the rising energy consumption due to economic growth and rapid industrialization activities is facilitating product demand to optimize energy usage and reduce carbon emissions. Apart from this, the growing number of smart city initiatives in the region is acting as another growth-inducing factor.

Competitive Landscape:

The top companies in the market are engaged in research and development (R&D) activities to introduce innovative features, improved user interfaces, and compatibility with smart home ecosystems. Furthermore, the growing partnership between leading companies, retail chains, HVAC contractors, and online marketplaces to ensure wider availability and easy access to their products is positively influencing the market growth. Additionally, several key players are collaborating with local distributors and service providers across the globe to strengthen their market presence and attract new customers. Apart from this, aggressive promotional and marketing activities by manufacturers through social media campaigns, advertisements, and digital marketing to improve brand visibility and create awareness about their product offerings are supporting the market growth.

The report has provided a comprehensive analysis of the competitive landscape in the market. Detailed profiles of all major companies have also been provided. Some of the key players in the market include:

  • Nest Labs, Inc.
  • Honeywell International Inc.
  • Ecobee, Inc.
  • Emerson Electric Co.
  • Schneider Electric SE
  • Tado GmbH
  • Control4 Corporation
  • Carrier Corporation
  • Nortek, Inc.

Key Questions Answered in This Report

1.How big is the global smart thermostat market?

2.What is the expected growth rate of the global smart thermostat market during 2025-2033?

3.What are the key factors driving the global smart thermostat market?

4.What has been the impact of COVID-19 on the global smart thermostat market?

5.What is the breakup of the global smart thermostat market based on the product?

6.What is the breakup of the global smart thermostat market based on the technology?

7.What is the breakup of the global smart thermostat market based on the application?

8.What are the key regions in the global smart thermostat market?

9.Who are the key players/companies in the global smart thermostat market?

Table of Contents

1   Preface

2   Scope and Methodology

2.1    Objectives of the Study

2.2    Stakeholders

2.3    Data Sources

2.3.1    Primary Sources

2.3.2    Secondary Sources

2.4    Market Estimation

2.4.1    Bottom-Up Approach

2.4.2    Top-Down Approach

2.5    Forecasting Methodology

3   Executive Summary

4   Introduction

4.1    Overview

4.2    Key Industry Trends

5   Global Smart Thermostat Market

5.1    Market Overview

5.2    Market Performance

5.3    Impact of COVID-19

5.4    Market Breakup by Product

5.5    Market Breakup by Component

5.6    Market Breakup by Technology

5.7    Market Breakup by Application

5.8    Market Breakup by Region

5.9    Market Forecast

5.10    SWOT Analysis

5.10.1    Overview

5.10.2    Strengths

5.10.3    Weaknesses

5.10.4    Opportunities

5.10.5    Threats

5.11    Value Chain Analysis

5.11.1    Overview

5.11.2    Research and Development

5.11.3    Raw Material Procurement

5.11.4    Manufacturing

5.11.5    Marketing

5.11.6    Distribution

5.11.7    End-Use

5.12    Porters Five Forces Analysis

5.12.1    Overview

5.12.2    Bargaining Power of Buyers

5.12.3    Bargaining Power of Suppliers

5.12.4    Degree of Competition

5.12.5    Threat of New Entrants

5.12.6    Threat of Substitutes

6   Market Breakup by Product

6.1    Standalone Smart Thermostats

6.1.1 Market Trends

6.1.2 Market Forecast

6.2    Connected Smart Thermostats

6.2.1 Market Trends

6.2.2 Market Forecast

6.3    Learning Smart Thermostats

6.3.1 Market Trends

6.3.2 Market Forecast

7   Market Breakup by Component

7.1    Display

7.1.1 Market Trends

7.1.2 Market Forecast

7.2    Temperature Sensors

7.2.1 Market Trends

7.2.2 Market Forecast

7.3    Humidity Sensors

7.3.1 Market Trends

7.3.2 Market Forecast

7.4    Motion Sensors

7.4.1 Market Trends

7.4.2 Market Forecast

7.5    Others

7.5.1 Market Trends

7.5.2 Market Forecast

8   Market Breakup by Technology

8.1    Wired

8.1.1 Market Trends

8.1.2 Market Forecast

8.2    Wireless

8.2.1    Market Trends

8.2.2    Market Breakup by Type

8.2.2.1    WiFi

8.2.2.1.1    Market Trends

8.2.2.1.2   Market Forecast

8.2.2.2    Zig Bee

8.2.2.2.1    Market Trends

8.2.2.2.2   Market Forecast

8.2.2.3    Others

8.2.2.3.1    Market Trends

8.2.2.3.2   Market Forecast

8.2.3   Market Forecast

9   Market Breakup by Application

9.1    Residential

9.1.1 Market Trends

9.1.2 Market Forecast

9.2    Commercial

9.2.1 Market Trends

9.2.2 Market Forecast

9.3    Industrial

9.3.1 Market Trends

9.3.2 Market Forecast

10  Market Breakup by Region

10.1    North America

10.1.1 Market Trends

10.1.2 Market Forecast

10.2    Europe

10.2.1 Market Trends

10.2.2 Market Forecast

10.3    Asia Pacific

10.3.1 Market Trends

10.3.2 Market Forecast

10.4    Middle East and Africa

10.4.1 Market Trends

10.4.2 Market Forecast

10.5    Latin America

10.5.1 Market Trends

10.5.2 Market Forecast

11  Smart Thermostat Manufacturing Process

11.1    Product Overview

11.2    Raw Material Requirements

11.3    Manufacturing Process

11.4    Key Success and Risk Factors

12  Competitive Landscape

12.1    Market Structure

12.2    Key Players

12.3    Profiles of Key Players

12.3.1    Nest Labs, Inc.

12.3.2    Honeywell International Inc.

12.3.3    Ecobee, Inc.

12.3.4    Emerson Electric Co.

12.3.5    Schneider Electric SE

12.3.6    Tado GmbH

12.3.7    Control4 Corporation

12.3.8    Carrier Corporation

12.3.9    Nortek, Inc.

List of Tables

Table 1: Global: Smart Thermostat Market: Key Industry Highlights, 2024 and 2033

Table 2: Global: Smart Thermostat Market Forecast: Breakup by Product (in Million USD), 2025-2033

Table 3: Global: Smart Thermostat Market Forecast: Breakup by Component (in Million USD), 2025-2033

Table 4: Global: Smart Thermostat Market Forecast: Breakup by Technology (in Million USD), 2025-2033

Table 5: Global: Smart Thermostat Market Forecast: Breakup by Application (in Million USD), 2025-2033

Table 6: Global: Smart Thermostat Market Forecast: Breakup by Region (in Million USD), 2025-2033

Table 7: Smart Thermostat Manufacturing: Raw Material Requirements

Table 8: Global: Smart Thermostat Market: Competitive Structure

Table 9: Global: Smart Thermostat Market: Key Players

List of Figures

​Figure 1: Global: Smart Thermostat Market: Major Drivers and Challenges

Figure 2: Global: Smart Thermostat Market: Sales Value (in Billion USD), 2019-2024

Figure 3: Global: Smart Thermostat Market: Breakup by Product (in %), 2024

Figure 4: Global: Smart Thermostat Market: Breakup by Component (in %), 2024

Figure 5: Global: Smart Thermostat Market: Breakup by Technology (in %), 2024

Figure 6: Global: Smart Thermostat Market: Breakup by Application (in %), 2024

Figure 7: Global: Smart Thermostat Market: Breakup by Region (in %), 2024

Figure 8: Global: Smart Thermostat Market Forecast: Sales Value (in Billion USD), 2025-2033

Figure 9: Global: Smart Thermostat Industry: SWOT Analysis

Figure 10: Global: Smart Thermostat Industry: Value Chain Analysis

Figure 11: Global: Smart Thermostat Industry: Porter’s Five Forces Analysis

Figure 12: Global: Smart Thermostat Market (Standalone Smart Thermostats): Sales Value (in Million USD), 2019 & 2024

Figure 13: Global: Smart Thermostat Market Forecast (Standalone Smart Thermostats): Sales Value (in Million USD), 2025-2033

Figure 14: Global: Smart Thermostat Market (Connected Smart Thermostats): Sales Value (in Million USD), 2019 & 2024

Figure 15: Global: Smart Thermostat Market Forecast (Connected Smart Thermostats): Sales Value (in Million USD), 2025-2033

Figure 16: Global: Smart Thermostat Market (Learning Smart Thermostats): Sales Value (in Million USD), 2019 & 2024

Figure 17: Global: Smart Thermostat Market Forecast (Learning Smart Thermostats): Sales Value (in Million USD), 2025-2033

Figure 18: Global: Smart Thermostat Market (Display): Sales Value (in Million USD), 2019 & 2024

Figure 19: Global: Smart Thermostat Market Forecast (Display): Sales Value (in Million USD), 2025-2033

Figure 20: Global: Smart Thermostat Market (Temperature Sensors): Sales Value (in Million USD), 2019 & 2024

Figure 21: Global: Smart Thermostat Market Forecast (Temperature Sensors): Sales Value (in Million USD), 2025-2033

Figure 22: Global: Smart Thermostat Market (Humidity Sensors): Sales Value (in Million USD), 2019 & 2024

Figure 23: Global: Smart Thermostat Market Forecast (Humidity Sensors): Sales Value (in Million USD), 2025-2033

Figure 24: Global: Smart Thermostat Market (Motion Sensors): Sales Value (in Million USD), 2019 & 2024

Figure 25: Global: Smart Thermostat Market Forecast (Motion Sensors): Sales Value (in Million USD), 2025-2033

Figure 26: Global: Smart Thermostat Market (Other Components): Sales Value (in Million USD), 2019 & 2024

Figure 27: Global: Smart Thermostat Market Forecast (Other Components): Sales Value (in Million USD), 2025-2033

Figure 28: Global: Smart Thermostat Market (Wired): Sales Value (in Million USD), 2019 & 2024

Figure 29: Global: Smart Thermostat Market Forecast (Wired): Sales Value (in Million USD), 2025-2033

Figure 30: Global: Smart Thermostat Market (Wireless): Sales Value (in Million USD), 2019 & 2024

Figure 31: Global: Smart Thermostat Market (Wireless): Breakup by Type (in %), 2024

Figure 32: Global: Smart Thermostat Market (WiFi): Sales Value (in Million USD), 2019 & 2024

Figure 33: Global: Smart Thermostat Market Forecast (WiFi): Sales Value (in Million USD), 2025-2033

Figure 34: Global: Smart Thermostat Market (Zig Bee): Sales Value (in Million USD), 2019 & 2024

Figure 35: Global: Smart Thermostat Market Forecast (Zig Bee): Sales Value (in Million USD), 2025-2033

Figure 36: Global: Smart Thermostat Market (Others): Sales Value (in Million USD), 2019 & 2024

Figure 37: Global: Smart Thermostat Market Forecast (Others): Sales Value (in Million USD), 2025-2033

Figure 38: Global: Smart Thermostat Market Forecast (Wireless): Sales Value (in Million USD), 2025-2033

Figure 39: Global: Smart Thermostat Market (Residential Applications): Sales Value (in Million USD), 2019 & 2024

Figure 40: Global: Smart Thermostat Market Forecast (Residential Applications): Sales Value (in Million USD), 2025-2033

Figure 41: Global: Smart Thermostat Market (Commercial Applications): Sales Value (in Million USD), 2019 & 2024

Figure 42: Global: Smart Thermostat Market Forecast (Commercial Applications): Sales Value (in Million USD), 2025-2033

Figure 43: Global: Smart Thermostat Market (Industrial Applications): Sales Value (in Million USD), 2019 & 2024

Figure 44: Global: Smart Thermostat Market Forecast (Industrial Applications): Sales Value (in Million USD), 2025-2033

Figure 45: North America: Smart Thermostat Market: Sales Value (in Million USD), 2019 & 2024

Figure 46: North America: Smart Thermostat Market Forecast: Sales Value (in Million USD), 2025-2033

Figure 47: Europe: Smart Thermostat Market: Sales Value (in Million USD), 2019 & 2024

Figure 48: Europe: Smart Thermostat Market Forecast: Sales Value (in Million USD), 2025-2033

Figure 49: Asia Pacific: Smart Thermostat Market: Sales Value (in Million USD), 2019 & 2024

Figure 50: Asia Pacific: Smart Thermostat Market Forecast: Sales Value (in Million USD), 2025-2033

Figure 51: Middle East and Africa: Smart Thermostat Market: Sales Value (in Million USD), 2019 & 2024

Figure 52: Middle East and Africa: Smart Thermostat Market Forecast: Sales Value (in Million USD), 2025-2033

Figure 53: Latin America: Smart Thermostat Market: Sales Value (in Million USD), 2019 & 2024

Figure 54: Latin America: Smart Thermostat Market Forecast: Sales Value (in Million USD), 2025-2033

Figure 55: Smart Thermostat Manufacturing: Process Flow