MRO Magazine

Smart Thermostat Market in APAC 2015-2019 – Global Demand for Electricity Rising Continuously Due to Widespread Industrialization – Research and Markets


February 2, 2016
By Business Wire News

DUBLIN

Research and Markets (http://www.researchandmarkets.com/research/g376mf/smart_thermostat) has announced the addition of the “Smart Thermostat Market in APAC 2015-2019” report to their offering.

The report forecasts that the smart thermostat market in APAC will grow at a CAGR of 63.98% during the period 2015-2019.

A smart thermostat uses sensors to control and regulate temperature remotely or through smart devices such as smartphones, tablets, and desktops. The settings can be changed as per the time of the day. It even learns and adapts as per the daily usage of the house occupants.

According to the report, the global demand for electricity has been rising continuously in response to widespread industrialization, increasing populations, and growing energy consumption. Electricity charges account for a huge part of consumers’ monthly utility bills. Homeowners need to minimize energy consumption to reduce costs. Smart thermostats help users monitor their heating and cooling patterns and remotely monitor appliances so that they can conserve energy.

The report covers the present scenario and the growth prospects of the smart thermostat market in APAC for the period 2015-2019. To calculate the market size, the report considers:

  • Revenue generated exclusively from smart thermostats, which are Wi-Fi-enabled programmable thermostats.
  • Smart thermostat devices used in houses.

Companies Mentioned:

  • Carrier
  • Ecobee
  • Emerson
  • Energate
  • Honeywell
  • Nest
  • Trane
  • Ingersoll-Rand plc.

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Market research methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Market segmentation by technology

PART 07: Key leading countries

PART 08: Market drivers

PART 09: Impact of drivers

PART 10: Market challenges

PART 11: Impact of drivers and challenges

PART 12: Market trends

PART 13: Vendor landscape

PART 14: Key vendor analysis

For more information visit http://www.researchandmarkets.com/research/g376mf/smart_thermostat

Research and Markets
Laura Wood, Senior Manager
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