North America Smart Thermostat Market 2020-2030 by Component, Product, Technology, Application, End User, and Country: Trend Outlook and Growth Opportunity

Abstract
North America smart thermostat market is expected to grow by 20.1% annually in the forecast period and reach $5.5 billion by 2030.

Highlighted with 23 tables and 43 figures, this 96-page report “North America Smart Thermostat Market 2020-2030 by Component, Product, Technology, Application, End User, and Country: Trend Outlook and Growth Opportunity” is based on a comprehensive research of the entire North America smart thermostat market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. In this report 2019 is the base year for market analysis, with estimates and forecast covering 2020-2030. (Please Note: The report will be updated before delivery to make sure that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces

The trend and outlook of North America market is forecast in optimistic, balanced, and conservative view. The balanced (most likely) projection is used to quantify North America smart thermostat market in every aspect of the classification from perspectives of Component, Product, Technology, Application, End User, and Country.

Based on Component, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each section.
• Display
• Temperature Sensor
• Humidity Sensor
• Motion Sensor
• Other Components

Based on Product, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each section.
• Standalone Thermostats
• Network Thermostats
• Learning Thermostats

Based on Technology, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each section.

Wired Technology

Wireless Technology
• Wi-Fi
• ZigBee
• Near-field Communications
• Bluetooth
• Other Wireless Technologies

Based on Application, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each section.
• Heating Equipment
• Cooling Equipment

Based on End User, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each section.
• Industrial
• Commercial
• Residential
• Public Infrastructure

Geographically, the following national/local markets are fully investigated:
• U.S.
• Canada

For each of the aforementioned countries, market analysis and revenue data are available for 2019-2030. The breakdown of major national markets by Component, Technology, and End User over the study years (2019-2030) is also included.

The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.

Specifically, potential risks associated with investing in North America smart thermostat market are assayed quantitatively and qualitatively through GMD’s Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders identify emerging opportunities, manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions.

Key Players (this may not be a complete list and extra companies can be added upon request):

Carrier Corporation

ecobee

Emerson

Hive

Honeywell

Johnson Controls

Lux

Nest Labs

Netatmo

Nortek, Inc.

Schneider Electric SE

Tado

(Please Note: The report will be updated before delivery to make sure that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

Content
1 Introduction 6
1.1 Industry Definition and Research Scope 6
1.1.1 Industry Definition 6
1.1.2 Research Scope 7
1.2 Research Methodology 9
1.2.1 Overview of Market Research Methodology 9
1.2.2 Market Assumption 10
1.2.3 Secondary Data 10
1.2.4 Primary Data 10
1.2.5 Data Filtration and Model Design 11
1.2.6 Market Size/Share Estimation 12
1.2.7 Research Limitations 13
1.3 Executive Summary 14
2 Market Overview and Dynamics 16
2.1 Market Size and Forecast 16
2.2 Major Growth Drivers 17
2.3 Market Restraints and Challenges 20
2.4 Emerging Opportunities and Market Trends 23
2.5 Porter’s Fiver Forces Analysis 26
3 Segmentation of North America Market by Component 30
3.1 Market Overview by Component 30
3.2 Display 32
3.3 Temperature Sensor 33
3.4 Humidity Sensor 34
3.5 Motion Sensor 35
3.6 Other Components 36
4 Segmentation of North America Market by Product 37
4.1 Market Overview by Product 37
4.2 Standalone Thermostats 39
4.3 Network Thermostats 40
4.4 Learning Thermostats 41
5 Segmentation of North America Market by Technology 43
5.1 Market Overview by Technology 43
5.2 Wired Technology 45
5.3 Wireless Technology 46
5.3.1 Wi-Fi 48
5.3.2 ZigBee 49
5.3.3 Near-field Communications 50
5.3.4 Bluetooth 51
5.3.5 Other Wireless Technologies 52
6 Segmentation of North America Market by Application 53
6.1 Market Overview by Application 53
6.2 Heating Equipment 55
6.3 Cooling Equipment 56
7 Segmentation of North America Market by End User 57
7.1 Market Overview by End User 57
7.2 Industrial 59
7.3 Commercial 60
7.4 Residential 61
7.5 Public Infrastructure 62
8 North America Market 2019-2030 by Country 63
8.1 Overview of North America Market 63
8.2 U.S. Market 66
8.3 Canadian Market 70
9 Competitive Landscape 72
9.1 Overview of Key Vendors 72
9.2 New Product Launch, Partnership, Investment, and M&A 76
9.3 Company Profiles 77
Carrier Corporation 77
ecobee 79
Emerson 80
Hive 81
Honeywell 82
Johnson Controls 83
Lux 84
Nest Labs 85
Netatmo 86
Nortek, Inc. 87
Schneider Electric SE 88
Tado 89
10 Investing in North America Market: Risk Assessment and Management 90
10.1 Risk Evaluation of North America Market 90
10.2 Critical Success Factors (CSFs) 93
Related Reports and Products 96

List of Tables
Table 1. Snapshot of North America Smart Thermostat Market, 2019-2030 15
Table 2. Main Product Trends and Market Opportunities in North America Smart Thermostat Market 23
Table 3. North America Smart Thermostat Market by Component, 2019-2030, $ mn 30
Table 4. North America Smart Thermostat Market by Product, 2019-2030, $ mn 37
Table 5. North America Smart Thermostat Market by Technology, 2019-2030, $ mn 43
Table 6. North America Smart Thermostat Market: Wireless Technology by Type, 2019-2030, $ mn 47
Table 7. North America Smart Thermostat Market by Application, 2019-2030, $ mn 53
Table 8. North America Smart Thermostat Market by End User, 2019-2030, $ mn 57
Table 9. North America Smart Thermostat Market by Country, 2019-2030, $ mn 64
Table 10. U.S. Smart Thermostat Market by Component, 2019-2030, $ mn 68
Table 11. U.S. Smart Thermostat Market by Technology, 2019-2030, $ mn 68
Table 12. U.S. Smart Thermostat Market by End User, 2019-2030, $ mn 68
Table 13. Canada Smart Thermostat Market by Component, 2019-2030, $ mn 71
Table 14. Canada Smart Thermostat Market by Technology, 2019-2030, $ mn 71
Table 15. Canada Smart Thermostat Market by End User, 2019-2030, $ mn 71
Table 16. Breakdown of North America Market by Key Vendor, 2019, % 74
Table 17. Carrier Corporation: Company Snapshot 77
Table 18. Carrier Corporation: Business Segmentation 77
Table 19. Carrier Corporation: Product Portfolio 78
Table 20. Carrier Corporation: Revenue, 2016-2018, $ mn 78
Table 21. Carrier Corporation: Recent Developments 78
Table 22. Risk Evaluation for Investing in North America Market, 2019-2030 91
Table 23. Critical Success Factors and Key Takeaways 94