Smart Thermostat Market Size, Share and Growth Analysis

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Smart Thermostat Market Size, Share & Industry Growth Analysis Report by Product (Connected, Learning, Standalone), Connectivity Technology (Wireless, Wired), Installation Type (New Installation, Retrofit Installation), Vertical (Residential, Commercial, Industrial), and Region - Global Growth Driver and Industry Forecast to 2036

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Report Code: SE 3752 Jun, 2026, by marketsandmarkets.com

Smart Thermostat Market Summary

The Smart Thermostat Market is estimated to be valued at approximately USD 5–7 billion in 2025 and is projected to reach around USD 18–22 billion by 2036, expanding at a compound annual growth rate (CAGR) of 10–13% during the forecast period. The market is experiencing substantial growth as the global push toward energy efficiency, smart homes, and sustainable living accelerates. the market  The increasing adoption of connected home devices, rising energy costs, and growing awareness regarding carbon footprint reduction are key factors driving market expansion. Furthermore, advancements in Artificial Intelligence (AI), Internet of Things (IoT), and home automation systems are transforming smart thermostats into intelligent energy management tools. These devices are increasingly capable of learning user behavior, optimizing heating and cooling schedules, and integrating with broader smart home ecosystems, thereby enhancing comfort and reducing energy consumption.

Key Market Trends & Insights

The Smart Thermostat Market is shaped by several dynamic trends that reflect evolving consumer preferences and technological innovation. North America currently leads the market due to high penetration of smart home technologies and favorable government initiatives promoting energy efficiency. Asia Pacific is emerging as the fastest-growing region, driven by rapid urbanization, rising disposable incomes, and increasing adoption of smart appliances.

The Wi-Fi-enabled smart thermostat segment dominates the market, as it offers seamless connectivity and remote control via smartphones. AI-powered thermostats are gaining significant traction, enabling predictive temperature adjustments and personalized energy optimization. Integration with voice assistants and home automation platforms is becoming a standard feature, enhancing user convenience. Additionally, sustainability-focused innovations, such as energy usage analytics and carbon tracking, are influencing purchasing decisions. Automation is playing a critical role in reducing manual intervention and improving overall energy efficiency in residential and commercial spaces.

Market Size & Forecast

  • Base year market size (2025): USD 5–7 billion
  • Forecast value by 2036: USD 18–22 billion
  • CAGR (2025–2036): 10–13%
  • Growth is driven by increasing adoption of smart homes, rising energy efficiency regulations, AI-enabled automation, and growing demand for connected HVAC systems.

Smart Thermostat Market Top 10 key takeaway

  • The market is projected to grow more than threefold by 2036.
  • AI-driven thermostats are revolutionizing energy management systems.
  • North America dominates due to advanced smart home infrastructure.
  • Asia Pacific is the fastest-growing region with rising urbanization.
  • Wi-Fi-enabled thermostats lead the product segment.
  • Integration with IoT ecosystems is a key growth driver.
  • Increasing energy costs are encouraging adoption of smart thermostats.
  • Voice-controlled and app-based systems are gaining popularity.
  • Sustainability and carbon reduction goals are influencing demand.
  • Commercial applications are expanding rapidly alongside residential adoption.

Product Insights

The Wi-Fi-enabled smart thermostat segment holds the largest share in the Smart Thermostat Market, primarily due to its convenience and connectivity features. These devices allow users to remotely monitor and control temperature settings through mobile applications, providing flexibility and improved energy management. Their compatibility with a wide range of heating, ventilation, and air conditioning (HVAC) systems further strengthens their dominance.

Learning smart thermostats represent a rapidly growing product category. These advanced devices utilize AI algorithms to analyze user behavior and automatically adjust temperature settings for optimal comfort and efficiency. By learning occupancy patterns and preferences, they reduce energy wastage and enhance user experience. Another emerging category includes zoned smart thermostats, which enable temperature control for specific areas within a building, offering greater customization and energy savings.

The integration of smart thermostats with renewable energy systems and home energy management platforms is also gaining traction. This allows users to optimize energy consumption based on real-time data, such as electricity pricing and weather conditions, further driving the adoption of advanced thermostat solutions.

Technology / Component Insights (Rename based on keyword if needed)

The Smart Thermostat Market is heavily driven by technological advancements that enhance device functionality and user experience. IoT technology forms the backbone of smart thermostats, enabling seamless communication between devices and centralized control systems. Sensors embedded within thermostats collect real-time data on temperature, humidity, and occupancy, which is then processed to optimize energy usage.

Artificial Intelligence plays a transformative role by enabling predictive analytics and adaptive learning capabilities. AI-powered thermostats can anticipate user preferences and adjust settings proactively, reducing energy consumption without compromising comfort. Cloud computing is another critical component, allowing data storage, remote access, and integration with other smart home devices.

Automation technologies are streamlining HVAC operations by eliminating the need for manual adjustments. Advanced features such as geofencing automatically adjust temperature settings based on the user's location, ensuring energy efficiency when spaces are unoccupied. Future innovation trends include integration with smart grids, enabling dynamic energy management based on real-time supply and demand, and enhanced cybersecurity measures to protect connected devices.

Application Insights

The residential segment dominates the Smart Thermostat Market, driven by the increasing adoption of smart home technologies and growing consumer awareness of energy efficiency. Homeowners are increasingly investing in smart thermostats to reduce energy bills and improve comfort levels. Government incentives and rebate programs are further encouraging residential adoption.

The commercial segment is also witnessing significant growth, particularly in office buildings, retail spaces, and hospitality sectors. Businesses are adopting smart thermostats to optimize energy consumption, reduce operational costs, and meet sustainability targets. Industrial applications, although smaller in comparison, are gaining traction as companies seek to enhance energy management and operational efficiency.

Future opportunities lie in smart cities and green buildings, where integrated energy management systems will rely heavily on smart thermostats for efficient climate control. The increasing adoption of building automation systems is expected to further drive market growth across all application segments.

Regional Insights

North America leads the Smart Thermostat Market due to widespread adoption of smart home technologies, strong regulatory frameworks promoting energy efficiency, and high consumer awareness. The presence of leading technology companies and continuous innovation further strengthen the region’s dominance.

Europe follows closely, driven by stringent environmental regulations and a strong focus on reducing carbon emissions. The region is witnessing increased adoption of energy-efficient technologies in both residential and commercial sectors.

Asia Pacific is the fastest-growing region, fueled by rapid urbanization, increasing disposable incomes, and expanding middle-class population. Countries such as China and India are experiencing a surge in demand for smart home devices, supported by government initiatives promoting digitalization and energy efficiency.

  • North America dominates due to high smart home penetration.
  • Europe is driven by sustainability and regulatory compliance.
  • Asia Pacific shows the fastest growth due to urbanization.
  • Government incentives are boosting adoption globally.
  • Increasing demand for energy-efficient solutions is driving regional growth.

Country-Specific Market Trends

In Asia Pacific, China leads the market with a CAGR of 12–14%, driven by rapid adoption of smart home technologies and strong government support for energy-efficient solutions. Japan is also witnessing steady growth at a CAGR of 9–11%, focusing on advanced automation and smart living solutions.

In North America, the United States dominates with a CAGR of 10–12%, supported by high consumer awareness and widespread adoption of connected devices. Canada is experiencing steady growth due to favorable government policies promoting energy efficiency, while Mexico is gradually expanding its market presence with increasing urban development.

In Europe, Germany leads with a CAGR of 9–11%, driven by strong environmental regulations and adoption of green building technologies. France is also investing in smart home solutions to enhance energy efficiency and reduce carbon emissions.

  • China leads APAC with strong adoption of smart home technologies.
  • Japan focuses on advanced automation and energy efficiency.
  • The United States dominates North America with high device penetration.
  • Canada benefits from supportive government policies.
  • Germany and France drive European growth through sustainability initiatives.

Key Smart Thermostat Market Company Insights

The Smart Thermostat Market is highly competitive, with major players focusing on innovation, AI integration, and strategic partnerships to strengthen their market position. Companies are investing heavily in research and development to introduce advanced features such as predictive analytics, voice control, and enhanced connectivity.

Leading companies include Google Nest, Ecobee, Honeywell International Inc., Emerson Electric Co., and Schneider Electric. These companies are leveraging AI and IoT technologies to develop intelligent thermostats that offer superior performance and energy efficiency. Product differentiation, user-friendly interfaces, and integration with smart home ecosystems are key strategies adopted by market players.

Partnerships with HVAC manufacturers and smart home platform providers are also common, enabling companies to expand their product offerings and reach a wider customer base. Continuous innovation and focus on sustainability are expected to drive competition in the market.

  • Companies are focusing on AI-driven innovation.
  • Integration with smart home ecosystems is a key strategy.
  • Partnerships are expanding market reach.
  • User experience and interface design are critical differentiators.
  • Sustainability-focused solutions are gaining importance.

Recent Developments

Recent developments in the Smart Thermostat Market highlight the growing emphasis on AI and automation. Several companies have launched next-generation smart thermostats with enhanced learning capabilities and real-time energy analytics.

Strategic partnerships between technology providers and energy companies are becoming more common, aiming to promote energy efficiency and smart grid integration. Additionally, new product launches featuring voice assistant integration and advanced connectivity options are gaining popularity among consumers.

Another notable trend is the development of thermostats compatible with renewable energy systems, enabling users to optimize energy consumption based on solar or wind energy availability.

Market Segmentation

The Smart Thermostat Market is segmented based on product, technology/component, application, and region. By product, the market includes Wi-Fi-enabled thermostats, learning thermostats, and zoned thermostats. By technology/component, it encompasses IoT, AI, cloud computing, and automation solutions. In terms of application, the market is divided into residential, commercial, and industrial sectors. Regionally, the market is segmented into North America, Europe, Asia Pacific, and the Rest of the World.

  • Wi-Fi-enabled thermostats dominate the product segment.
  • AI and IoT are key technological drivers.
  • Residential applications lead the market.
  • Asia Pacific shows the highest growth potential.
  • Segmentation highlights diverse opportunities across regions and applications.

The Smart Thermostat Market is poised for significant growth through 2036, driven by the increasing adoption of AI, IoT, and automation technologies. As consumers and businesses prioritize energy efficiency and sustainability, smart thermostats are becoming an integral part of modern energy management systems. The shift toward smart homes and connected devices is transforming the way energy is consumed and managed.

With strong growth potential and continuous technological advancements, the market offers significant opportunities for innovation and expansion. Companies that focus on AI-driven solutions, seamless integration, and user-centric design will be well-positioned to capitalize on the growing demand for smart thermostats in the coming years.

FAQs - Smart Thermostat Market

1. What is the current market size of the Smart Thermostat Market?
The market size is estimated to be around USD 5–7 billion in 2025.

2. What is the expected growth rate of the market?
The market is projected to grow at a CAGR of 10–13% from 2025 to 2036.

3. What are the key drivers of market growth?
Key drivers include AI and IoT integration, rising energy costs, smart home adoption, and increasing demand for energy-efficient solutions.

4. Which region leads the market?
North America currently leads the market due to high smart home adoption and advanced infrastructure.

5. Who are the key players in the market?
Major companies include Google Nest, Ecobee, Honeywell International Inc., Emerson Electric Co., and Schneider Electric.

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TABLE OF CONTENTS

1 INTRODUCTION (Page No. - 37)
    1.1 STUDY OBJECTIVES
    1.2 MARKET DEFINITION AND SCOPE
    1.3 INCLUSIONS AND EXCLUSIONS
    1.4 STUDY SCOPE
           1.4.1 MARKETS COVERED
           1.4.2 YEARS CONSIDERED
    1.5 CURRENCY
    1.6 LIMITATIONS
    1.7 MARKET STAKEHOLDERS
    1.8 SUMMARY OF CHANGES

2 RESEARCH METHODOLOGY (Page No. - 41)
    2.1 RESEARCH DATA
        FIGURE 1 SMART THERMOSTAT MARKET: RESEARCH DESIGN
           2.1.1 SECONDARY DATA
                    2.1.1.1 List of major secondary sources
                    2.1.1.2 Key data from secondary sources
           2.1.2 PRIMARY DATA
                    2.1.2.1 Breakdown of primaries
                    2.1.2.2 Key data from primary sources
           2.1.3 SECONDARY AND PRIMARY RESEARCH
                    2.1.3.1 Key industry insights
    2.2 MARKET SIZE ESTIMATION
        FIGURE 2 MARKET SIZE ESTIMATION METHODOLOGY (SUPPLY SIDE): REVENUE FROM PRODUCTS/SOLUTIONS/SERVICES OF MARKET
           2.2.1 BOTTOM-UP APPROACH
                    2.2.1.1 Approach for arriving at market size using bottom-up approach
                            FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
           2.2.2 TOP-DOWN APPROACH
                    2.2.2.1 Approach for arriving at market size using top-down approach
                            FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
    2.3 MARKET BREAKDOWN AND DATA TRIANGULATION
        FIGURE 5 MARKET BREAKDOWN AND DATA TRIANGULATION
    2.4 RESEARCH ASSUMPTIONS
        FIGURE 6 ASSUMPTIONS FOR RESEARCH STUDY
    2.5 RISK ASSESSMENT
        TABLE 1 LIMITATIONS & ASSOCIATED RISKS

3 EXECUTIVE SUMMARY (Page No. - 51)
  FIGURE 7 IMPACT ANALYSIS ON SMART THERMOSTAT MARKET
    3.1 REALISTIC SCENARIO
    3.2 PESSIMISTIC SCENARIO
    3.3 OPTIMISTIC SCENARIO
        FIGURE 8 CONNECTED SMART THERMOSTAT SEGMENT ACCOUNTED FOR LARGEST MARKET SHARE IN 2020
        FIGURE 9 WIRELESS CONNECTIVITY SEGMENT ACCOUNTED FOR LARGER MARKET SHARE IN 2020
        FIGURE 10 NEW INSTALLATION SEGMENT ACCOUNTED FOR LARGER MARKET SHARE IN 2020
        FIGURE 11 RESIDENTIAL VERTICAL TO REGISTER HIGHEST GROWTH RATE DURING FORECAST PERIOD
        FIGURE 12 APAC MARKET TO WITNESS HIGHEST GROWTH DURING FORECAST PERIOD

4 PREMIUM INSIGHTS (Page No. - 56)
    4.1 ATTRACTIVE OPPORTUNITIES IN MARKET
        FIGURE 13 EXPANDING SMART HOME MARKET IS FUELING DEMAND FOR SMART THERMOSTATS
    4.2 MARKET, BY PRODUCT
        FIGURE 14 CONNECTED SMART THERMOSTAT SEGMENT TO ACCOUNT FOR LARGEST SHARE OF MARKET FROM 2021 TO 2026
    4.3 MARKET, BY CONNECTIVITY TECHNOLOGY
        FIGURE 15 WIRELESS SMART THERMOSTAT SEGMENT TO ACCOUNT FOR LARGER MARKET SIZE FROM 2021 TO 2026
    4.4 MARKET, BY INSTALLATION TYPE
        FIGURE 16 NEW INSTALLATION SEGMENT TO HOLD LARGER SIZE OF MARKET FROM 2021 TO 2026
    4.5 MARKET, BY VERTICAL AND REGION
        FIGURE 17 RESIDENTIAL SEGMENT AND NORTH AMERICA ACCOUNTED FOR LARGEST SHARES OF MARKET IN 2020
    4.6 MARKET, BY GEOGRAPHY
        FIGURE 18 US ACCOUNTED FOR LARGEST MARKET SHARE IN 2020

5 SMART THERMOSTAT MARKET OVERVIEW (Page No. - 60)
    5.1 INTRODUCTION
    5.2 MARKET DYNAMICS
        FIGURE 19 MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
           5.2.1 DRIVERS
                    5.2.1.1 Increasing adoption of smart homes attributed to situation
                    5.2.1.2 Emergence of IoT-enabled HVAC systems
                    5.2.1.3 Government regulations pertaining to increase energy efficiency of buildings
                            FIGURE 20 PROJECTED ENERGY DEMAND IN INDIA BY 2047
                    5.2.1.4 Surging adoption of smart home voice assistants
                            FIGURE 21 DRIVERS OF MARKET AND THEIR IMPACT
           5.2.2 RESTRAINTS
                    5.2.2.1 High manufacturing and installation costs of smart thermostats
                    5.2.2.2 Concerns regarding data security
                            FIGURE 22 RESTRAINTS OF SMART THERMOSTAT MARKET AND THEIR IMPACT
           5.2.3 OPPORTUNITIES
                    5.2.3.1 Increasing demand for self-learning devices
                    5.2.3.2 Growing demand for cloud computing in HVAC industry
                            FIGURE 23 OPPORTUNITIES FOR MARKET AND THEIR IMPACT
           5.2.4 CHALLENGES
                    5.2.4.1 High upgradation cost of existing systems
                    5.2.4.2 Inability to work offline
                    5.2.4.3 Disruption in supply chain due to situation
                            FIGURE 24 CHALLENGES FOR MARKET AND THEIR IMPACT
    5.3 VALUE CHAIN ANALYSIS
        FIGURE 25 VALUE CHAIN ANALYSIS
    5.4 ECOSYSTEM
        FIGURE 26 SMART THERMOSTAT MARKET: ECOSYSTEM
        TABLE 2 MARKET: ECOSYSTEM
    5.5 YC-YCC SHIFT: MARKET
    5.6 PORTER’S FIVE FORCES ANALYSIS
        TABLE 3 IMPACT OF EACH FORCE ON MARKET
    5.7 CASE STUDY
           5.7.1 USE CASE 1: HEATMISER
           5.7.2 USE CASE 2: FEDERATION OF CANADIAN MUNICIPALITIES
    5.8 TECHNOLOGY ANALYSIS
           5.8.1 MACHINE LEARNING AND ENERGY INFRASTRUCTURE
           5.8.2 VOICE RECOGNITION TECHNOLOGY
           5.8.3 5G
           5.8.4 PREDICTIVE MAINTENANCE
           5.8.5 VIRTUAL REALITY
    5.9 PRICING ANALYSIS
        TABLE 4 AVERAGE SELLING PRICE OF SMART THERMOSTAT
        TABLE 5 AVERAGE SELLING PRICE OF SMART THERMOSTAT BY APPLICATION
    5.10 TRADE ANALYSIS
         FIGURE 27 IMPORT DATA FOR THERMOSTATS, 2015–2019 (USD MILLION)
         FIGURE 28 EXPORT DATA FOR THERMOSTATS, 2015–2019 (USD MILLION)
         TABLE 6 IMPORT OF THERMOSTATS, BY REGION, 2016–2019 (USD MILLION)
    5.11 PATENT ANALYSIS
         FIGURE 29 PATENT ANALYSIS RELATED TO MARKET
         FIGURE 30 TOP SMART THERMOSTAT COMPANIES WITH HIGHEST NUMBER OF PATENT APPLICATIONS
         TABLE 7 TOP PATENT OWNERS (US) IN LAST 10 YEARS
    5.12 REGULATORY LANDSCAPE
           5.12.1 REGULATIONS
           5.12.2 CODES AND STANDARDS FOR HVAC SYSTEMS
                  TABLE 8 MANDATORY CODES AND STANDARDS IN HVAC INDUSTRY

6 MARKET, BY CONNECTIVITY TECHNOLOGY (Page No. - 80)
    6.1 INTRODUCTION
        FIGURE 31 WIRELESS NETWORK SEGMENT TO ACCOUNT FOR LARGER MARKET SHARE DURING FORECAST PERIOD
        TABLE 9 MARKET, BY CONNECTIVITY TECHNOLOGY, 2017–2020 (USD MILLION)
        TABLE 10 MARKET, BY CONNECTIVITY TECHNOLOGY, 2021–2026 (USD MILLION)
    6.2 WIRELESS NETWORK
           6.2.1 WIRELESS NETWORK SEGMENT TO GROW AT HIGHEST RATE DURING FORECAST PERIOD
           6.2.2 WI-FI
           6.2.3 ZIGBEE
           6.2.4 Z-WAVE
           6.2.5 BLUETOOTH
                 FIGURE 32 WI-FI SUB-SEGMENT TO ACCOUNT FOR LARGEST SHARE OF MARKET FOR WIRELESS CONNECTIVITY NETWORK DURING FORECAST PERIOD
                 TABLE 11 WIRELESS CONNECTIVITY NETWORK: SMART THERMOSTAT MARKET, BY TYPE, 2017–2020 (USD MILLION)
                 TABLE 12 WIRELESS CONNECTIVITY NETWORK: MARKET, BY TYPE, 2021–2026 (USD MILLION)
                 TABLE 13 WIRELESS CONNECTIVITY NETWORK: MARKET, BY VERTICAL, 2017–2020 (USD MILLION)
                 TABLE 14 WIRELESS CONNECTIVITY NETWORK: MARKET, BY VERTICAL, 2021–2026 (USD MILLION)
                 TABLE 15 WIRELESS CONNECTIVITY NETWORK: MARKET FOR COMMERCIAL VERTICAL, BY APPLICATION, 2017–2020 (USD MILLION)
                 TABLE 16 WIRELESS CONNECTIVITY NETWORK: MARKET FOR COMMERCIAL VERTICAL, BY APPLICATION, 2021–2026 (USD MILLION)
    6.3 WIRED NETWORK
           6.3.1 WIRED NETWORK OFFERS MORE RELIABLE CONNECTION AS COMPARED TO WIRELESS NETWORK
                 TABLE 17 WIRED CONNECTIVITY NETWORK: MARKET, BY VERTICAL, 2017–2020 (USD MILLION)
                 TABLE 18 WIRED CONNECTIVITY NETWORK: MARKET, BY VERTICAL, 2021–2026 (USD MILLION)
                 FIGURE 33 OFFICES APPLICATION SEGMENT OF WIRED CONNECTIVITY MARKET TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
                 TABLE 19 WIRED CONNECTIVITY NETWORK: MARKET FOR COMMERCIAL VERTICAL, BY APPLICATION, 2017–2020 (USD MILLION)
                 TABLE 20 WIRED CONNECTIVITY NETWORK: MARKET FOR COMMERCIAL VERTICAL, BY APPLICATION, 2021–2026 (USD MILLION)

7 MARKET, BY SPECIFICATION (Page No. - 89)
    7.1 INTRODUCTION
    7.2 POWER
           7.2.1 BATTERY POWERED
           7.2.2 HARD-WIRED
                 FIGURE 34 HARD-WIRED SMART THERMOSTAT TO HOLD LARGER MARKET SHARE DURING FORECAST PERIOD
    7.3 GEO-FENCING
        FIGURE 35 GEO-FENCING TO PROVE AS AN EFFICIENT FEATURE FOR SMART THERMOSTATS
    7.4 MULTIPLE ZONES
        FIGURE 36 MULTIPLE ZONE IS GAINING IMPORTANCE IN MARKET
    7.5 MOTION DETECTION
        FIGURE 37 ADOPTION OF MOTION DETECTION IN SMART THERMOSTAT IS CURRENTLY A PREMIUM FEATURE
    7.6 COMPATIBILITY
           7.6.1 TWO-STAGE
           7.6.2 MULTI-STAGE
                 FIGURE 38 MULTI-STAGE SMART THERMOSTAT TO HOLD LARGER MARKET SHARE

8 SMART THERMOSTAT MARKET, BY PRODUCT (Page No. - 93)
    8.1 INTRODUCTION
        FIGURE 39 CONNECTED PRODUCT SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD
        TABLE 21 MARKET, BY PRODUCT, 2017–2020 (USD MILLION)
        TABLE 22 SMART THERMOSTAT INDUSTRY, BY PRODUCT, 2021–2026 (USD MILLION)
        TABLE 23 MARKET, 2017–2020 (THOUSAND UNITS)
        TABLE 24 MARKET, 2021–2026 (THOUSAND UNITS)
    8.2 STANDALONE SMART THERMOSTAT
           8.2.1 EASY INSTALLATION PROCESS TO INCREASE DEMAND FOR STANDALONE SMART THERMOSTAT
    8.3 CONNECTED SMART THERMOSTAT
           8.3.1 CONNECTED SMART THERMOSTAT SEGMENT TO ACCOUNT FOR LARGEST SHARE OF MARKET
    8.4 LEARNING SMART THERMOSTAT
           8.4.1 LEARNING THERMOSTAT SEGMENT TO GROW AT HIGHEST RATE DURING FORECAST PERIOD

9 MARKET, BY INSTALLATION TYPE (Page No. - 97)
    9.1 INTRODUCTION
        FIGURE 40 NEW INSTALLATION SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD
        TABLE 25 SMART THERMOSTAT INDUSTRY, BY INSTALLATION TYPE, 2017–2020 (USD BILLION)
        TABLE 26 MARKET, BY INSTALLATION TYPE, 2021–2026 (USD BILLION)
    9.2 NEW INSTALLATION
           9.2.1 NEW INSTALLATION SEGMENT TO HOLD LARGER SHARE OF SMART THERMOSTAT MARKET
                 TABLE 27 MARKET FOR NEW INSTALLATION, BY VERTICAL, 2017–2020 (USD MILLION)
                 TABLE 28 MARKET FOR NEW INSTALLATION, BY VERTICAL, 2021–2026 (USD MILLION)
                 TABLE 29 NEW INSTALLATION MARKET FOR COMMERCIAL VERTICAL, BY APPLICATION, 2017–2020 (USD MILLION)
                 TABLE 30 NEW INSTALLATION MARKET FOR COMMERCIAL VERTICAL, BY APPLICATION, 2021–2026 (USD MILLION)
    9.3 RETROFIT INSTALLATION
           9.3.1 HVAC RETROFITS ARE INSTALLED TO ENSURE IMPROVED SYSTEM PERFORMANCE AND ENERGY SAVING
                 FIGURE 41 RESIDENTIAL VERTICAL TO DOMINATE RETROFIT INSTALLATION SEGMENT OF MARKET DURING FORECAST PERIOD
                 TABLE 31 SMART THERMOSTAT INDUSTRY FOR RETROFIT INSTALLATION, BY VERTICAL, 2017–2020 (USD MILLION)
                 TABLE 32 MARKET FOR RETROFIT INSTALLATION, BY VERTICAL, 2021–2026 (USD MILLION)
                 TABLE 33 RETROFIT INSTALLATION MARKET FOR COMMERCIAL VERTICAL, BY APPLICATION, 2017–2020 (USD MILLION)
                 TABLE 34 RETROFIT INSTALLATION MARKET FOR COMMERCIAL VERTICAL, BY APPLICATION, 2021–2026 (USD MILLION)

10 MARKET, BY COMPONENT (Page No. - 104)
     10.1 INTRODUCTION
     10.2 DISPLAY
     10.3 CONTROL UNIT
     10.4 TEMPERATURE SENSOR
     10.5 HUMIDITY SENSOR
     10.6 MOTION SENSOR
     10.7 OTHERS

11 MARKET, BY VERTICAL (Page No. - 106)
     11.1 INTRODUCTION
          FIGURE 42 RESIDENTIAL VERTICAL TO DOMINATE MARKET DURING FORECAST PERIOD
          TABLE 35 MARKET, BY VERTICAL, 2017–2020 (USD MILLION)
          TABLE 36 MARKET, BY VERTICAL, 2021–2026 (USD MILLION)
     11.2 RESIDENTIAL
             11.2.1 RESIDENTIAL VERTICAL TO HOLD LARGEST SHARE OF SMART THERMOSTAT MARKET
                    TABLE 37 MARKET FOR RESIDENTIAL VERTICAL, BY CONNECTIVITY TECHNOLOGY, 2017–2020 (USD MILLION)
                    TABLE 38 MARKET FOR RESIDENTIAL VERTICAL, BY CONNECTIVITY TECHNOLOGY, 2021–2026 (USD MILLION)
                    TABLE 39 MARKET FOR RESIDENTIAL VERTICAL, BY INSTALLATION TYPE, 2017–2020 (USD MILLION)
                    TABLE 40 MARKET FOR RESIDENTIAL VERTICAL, BY INSTALLATION TYPE, 2021–2026 (USD MILLION)
                    TABLE 41 MARKET FOR RESIDENTIAL VERTICAL, BY REGION, 2017–2020 (USD MILLION)
                    TABLE 42 MARKET FOR RESIDENTIAL VERTICAL, BY REGION, 2021–2026 (USD MILLION)
                    FIGURE 43 US MARKET FOR RESIDENTIAL VERTICAL IN NORTH AMERICA TO GROW AT HIGHEST RATE DURING FORECAST PERIOD
                    TABLE 43 SMART THERMOSTAT INDUSTRY FOR RESIDENTIAL VERTICAL IN NORTH AMERICA, BY COUNTRY, 2017–2020 (USD MILLION)
                    TABLE 44 MARKET FOR RESIDENTIAL VERTICAL IN NORTH AMERICA, BY COUNTRY, 2021–2026 (USD MILLION)
                    TABLE 45 MARKET FOR RESIDENTIAL VERTICAL IN EUROPE, BY COUNTRY, 2017–2020 (USD MILLION)
                    TABLE 46 MARKET FOR RESIDENTIAL VERTICAL IN EUROPE, BY COUNTRY, 2021–2026 (USD MILLION)
                    TABLE 47 MARKET FOR RESIDENTIAL VERTICAL IN APAC, BY COUNTRY, 2017–2020 (USD MILLION)
                    TABLE 48 MARKET FOR RESIDENTIAL VERTICAL IN APAC, BY COUNTRY, 2021–2026 (USD MILLION)
                    TABLE 49 MARKET FOR RESIDENTIAL VERTICAL IN ROW, BY REGION, 2017–2020 (USD MILLION)
                    TABLE 50 SMART THERMOSTAT MARKET FOR RESIDENTIAL VERTICAL IN ROW, BY REGION, 2021–2026 (USD MILLION)
     11.3 COMMERCIAL
          FIGURE 44 RETAIL APPLICATION TO DOMINATE MARKET FOR COMMERCIAL VERTICAL DURING FORECAST PERIOD
          TABLE 51 MARKET FOR COMMERCIAL VERTICAL, BY APPLICATION, 2017–2020 (USD MILLION)
          TABLE 52 MARKET FOR COMMERCIAL VERTICAL, BY APPLICATION, 2021–2026 (USD MILLION)
          TABLE 53 MARKET FOR COMMERCIAL VERTICAL, BY CONNECTIVITY TECHNOLOGY, 2017–2020 (USD MILLION)
          TABLE 54 MARKET FOR COMMERCIAL VERTICAL, BY CONNECTIVITY TECHNOLOGY, 2021–2026 (USD MILLION)
          TABLE 55 MARKET FOR COMMERCIAL VERTICAL, BY INSTALLATION TYPE, 2017–2020 (USD MILLION)
          TABLE 56 MARKET FOR COMMERCIAL VERTICAL, BY INSTALLATION TYPE, 2021–2026 (USD MILLION)
          TABLE 57 MARKET FOR COMMERCIAL VERTICAL, BY REGION, 2017–2020 (USD MILLION)
          TABLE 58 MARKET FOR COMMERCIAL VERTICAL, BY REGION, 2021–2026 (USD MILLION)
          TABLE 59 MARKET FOR COMMERCIAL VERTICAL IN NORTH AMERICA, BY COUNTRY, 2017–2020 (USD MILLION)
          TABLE 60 MARKET FOR COMMERCIAL VERTICAL IN NORTH AMERICA, BY COUNTRY, 2021–2026 (USD MILLION)
          FIGURE 45 UK TO DOMINATE MARKET FOR COMMERCIAL VERTICAL IN EUROPE DURING FORECAST PERIOD
          TABLE 61 MARKET FOR COMMERCIAL VERTICAL IN EUROPE, BY COUNTRY, 2017–2020 (USD MILLION)
          TABLE 62 MARKET FOR COMMERCIAL VERTICAL IN EUROPE, BY COUNTRY, 2021–2026 (USD MILLION)
          TABLE 63 MARKET FOR COMMERCIAL VERTICAL IN APAC, BY COUNTRY, 2017–2020 (USD MILLION)
          TABLE 64 MARKET FOR COMMERCIAL VERTICAL IN APAC, BY COUNTRY, 2021–2026 (USD MILLION)
          TABLE 65 MARKET FOR COMMERCIAL VERTICAL IN ROW, BY REGION, 2017–2020 (USD MILLION)
          TABLE 66 MARKET FOR COMMERCIAL VERTICAL IN ROW, BY REGION, 2021–2026 (USD MILLION)
             11.3.1 RETAIL
                        11.3.1.1 Retail application to hold largest share of smart thermostat market for commercial vertical
                                 TABLE 67 MARKET FOR RETAIL APPLICATION, BY CONNECTIVITY TECHNOLOGY, 2017–2020 (USD MILLION)
                                 FIGURE 46 WIRELESS MARKET TO DOMINATE RETAIL APPLICATION SEGMENT OF COMMERCIAL VERTICAL DURING FORECAST PERIOD
                                 TABLE 68 MARKET FOR RETAIL APPLICATION, BY CONNECTIVITY TECHNOLOGY, 2021–2026 (USD MILLION)
                                 TABLE 69 MARKET FOR RETAIL APPLICATION, BY INSTALLATION TYPE, 2017–2020 (USD MILLION)
                                 TABLE 70 MARKET FOR RETAIL APPLICATION, BY INSTALLATION TYPE, 2021–2026 (USD MILLION)
                                 TABLE 71 MARKET FOR RETAIL APPLICATION, BY REGION, 2017–2020 (USD MILLION)
                                 TABLE 72 MARKET FOR RETAIL APPLICATION, BY REGION, 2021–2026 (USD MILLION)
             11.3.2 OFFICES
                        11.3.2.1 Application of smart thermostats in offices to increase at highest rate during forecast period
                                 TABLE 73 SMART THERMOSTAT INDUSTRY FOR OFFICES APPLICATION, BY CONNECTIVITY TECHNOLOGY, 2017–2020 (USD MILLION)
                                 TABLE 74 MARKET FOR OFFICES APPLICATION, BY CONNECTIVITY TECHNOLOGY, 2021–2026 (USD MILLION)
                                 TABLE 75 MARKET FOR OFFICES APPLICATION, BY INSTALLATION TYPE, 2017–2020 (USD MILLION)
                                 TABLE 76 MARKET FOR OFFICES APPLICATION, BY INSTALLATION TYPE, 2021–2026 (USD MILLION)
                                 FIGURE 47 NORTH AMERICA TO DOMINATE OFFICES APPLICATION OF MARKET DURING FORECAST PERIOD
                                 TABLE 77 MARKET FOR OFFICES APPLICATION, BY REGION, 2017–2020 (USD MILLION)
                                 TABLE 78 MARKET FOR OFFICES APPLICATION, BY REGION, 2021–2026 (USD MILLION)
             11.3.3 EDUCATIONAL INSTITUTES
                        11.3.3.1 Growing need for achieving energy efficiency in educational institutes to fuel growth of application segment
                                 TABLE 79 MARKET FOR EDUCATIONAL INSTITUTES APPLICATION, BY CONNECTIVITY TECHNOLOGY, 2017–2020 (USD MILLION)
                                 TABLE 80 MARKET FOR EDUCATIONAL INSTITUTES APPLICATION, BY CONNECTIVITY TECHNOLOGY, 2021–2026 (USD MILLION)
                                 TABLE 81 MARKET FOR EDUCATIONAL INSTITUTES APPLICATION, BY INSTALLATION TYPE, 2017–2020 (USD MILLION)
                                 TABLE 82 MARKET FOR EDUCATIONAL INSTITUTES APPLICATION, BY INSTALLATION TYPE, 2021–2026 (USD MILLION)
                                 TABLE 83 MARKET FOR EDUCATIONAL INSTITUTES APPLICATION, BY REGION, 2017–2020 (USD MILLION)
                                 TABLE 84 MARKET FOR EDUCATIONAL INSTITUTES APPLICATION, BY REGION, 2021–2026 (USD MILLION)
             11.3.4 HOSPITALITY CENTERS
                        11.3.4.1 Government regulations for increasing energy efficiency of hospitality centers to drive demand for smart thermostats
                                 FIGURE 48 WIRELESS NETWORK SEGMENT TO DOMINATE SMART THERMOSTAT MARKET FOR HOSPITALITY CENTERS DURING FORECAST PERIOD
                                 TABLE 85 MARKET FOR HOSPITALITY CENTERS APPLICATION, BY CONNECTIVITY TECHNOLOGY, 2017–2020 (USD MILLION)
                                 TABLE 86 MARKET FOR HOSPITALITY CENTERS APPLICATION, BY CONNECTIVITY TECHNOLOGY, 2021–2026 (USD MILLION)
                                 TABLE 87 MARKET FOR HOSPITALITY CENTERS APPLICATION, BY INSTALLATION TYPE, 2017–2020 (USD MILLION)
                                 TABLE 88 MARKET FOR HOSPITALITY CENTERS APPLICATION, BY INSTALLATION TYPE, 2021–2026 (USD MILLION)
                                 TABLE 89 MARKET FOR HOSPITALITY CENTERS APPLICATION, BY REGION, 2017–2020 (USD MILLION)
                                 TABLE 90 MARKET FOR HOSPITALITY CENTERS APPLICATION, BY REGION, 2021–2026 (USD MILLION)
             11.3.5 HOSPITALS
                        11.3.5.1 Growing need to achieve optimum efficiency in hospitals owing to global fuel demand for smart thermostats
                                 TABLE 91 MARKET FOR HOSPITALS APPLICATION, BY CONNECTIVITY TECHNOLOGY, 2017–2020 (USD MILLION)
                                 TABLE 92 MARKET FOR HOSPITALS APPLICATION, BY CONNECTIVITY TECHNOLOGY, 2021–2026 (USD MILLION)
                                 TABLE 93 MARKET FOR HOSPITALS APPLICATION, BY INSTALLATION TYPE, 2017–2020 (USD MILLION)
                                 TABLE 94 MARKET FOR HOSPITALS APPLICATION, BY INSTALLATION TYPE, 2021–2026 (USD MILLION)
                                 FIGURE 49 APAC MARKET FOR HOSPITALS APPLICATIONS TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
                                 TABLE 95 MARKET FOR HOSPITALS APPLICATION, BY REGION, 2017–2020 (USD MILLION)
                                 TABLE 96 MARKET FOR HOSPITALS APPLICATION, BY REGION, 2021–2026 (USD MILLION)
     11.4 INDUSTRIAL
             11.4.1 INCREASING NUMBER OF SMART WAREHOUSES TO FUEL GROWTH OF MARKET FOR INDUSTRIAL VERTICAL
                    TABLE 97 MARKET FOR INDUSTRIAL VERTICAL, BY CONNECTIVITY TECHNOLOGY, 2017–2020 (USD MILLION)
                    TABLE 98 MARKET FOR INDUSTRIAL VERTICAL, BY CONNECTIVITY TECHNOLOGY, 2021–2026 (USD MILLION)
                    TABLE 99 MARKET FOR INDUSTRIAL VERTICAL, BY INSTALLATION TYPE, 2017–2020 (USD MILLION)
                    TABLE 100 MARKET FOR INDUSTRIAL VERTICAL, BY INSTALLATION TYPE, 2021–2026 (USD MILLION)
                    TABLE 101 MARKET FOR INDUSTRIAL VERTICAL, BY REGION, 2017–2020 (USD MILLION)
                    TABLE 102 MARKET FOR INDUSTRIAL VERTICAL, BY REGION, 2021–2026 (USD MILLION)
                    FIGURE 50 US TO DOMINATE NORTH AMERICAN MARKET FOR INDUSTRIAL VERTICAL
                    TABLE 103 MARKET FOR INDUSTRIAL VERTICAL IN NORTH AMERICA, BY COUNTRY, 2017–2020 (USD MILLION)
                    TABLE 104 MARKET FOR INDUSTRIAL VERTICAL IN NORTH AMERICA, BY COUNTRY, 2021–2026 (USD MILLION)
                    TABLE 105 MARKET FOR INDUSTRIAL VERTICAL IN EUROPE, BY COUNTRY, 2017–2020 (USD MILLION)
                    TABLE 106 MARKET FOR INDUSTRIAL VERTICAL IN EUROPE, BY COUNTRY, 2021–2026 (USD MILLION)
                    TABLE 107 MARKET FOR INDUSTRIAL VERTICAL IN APAC, BY COUNTRY, 2017–2020 (USD MILLION)
                    TABLE 108 MARKET FOR INDUSTRIAL VERTICAL IN APAC, BY COUNTRY, 2021–2026 (USD MILLION)
                    TABLE 109 MARKET FOR INDUSTRIAL VERTICAL IN ROW, BY REGION, 2017–2020 (USD MILLION)
                    TABLE 110 MARKET FOR INDUSTRIAL VERTICAL IN ROW, BY REGION, 2021–2026 (USD MILLION)

12 GEOGRAPHIC ANALYSIS (Page No. - 137)
     12.1 INTRODUCTION
          FIGURE 51 MARKET IN CHINA TO REGISTER HIGHEST CAGR FROM 2021 TO 2026
          TABLE 111 MARKET, BY REGION, 2017–2020 (USD MILLION)
          TABLE 112 MARKET, BY REGION, 2021–2026 (USD MILLION)
     12.2 NORTH AMERICA
          FIGURE 52 NORTH AMERICA: SMART THERMOSTAT MARKET SNAPSHOT
             12.2.1 US
                        12.2.1.1 US to hold largest share of North American market
             12.2.2 CANADA
                        12.2.2.1 Growing environmental awareness among consumers of energy-efficient technologies is increasing adoption of smart thermostats in Canada
             12.2.3 MEXICO
                        12.2.3.1 High focus on Mexican companies and associations to boost manufacturing and warehousing sectors to fuel market growth
                                 TABLE 113 MARKET IN NORTH AMERICA, BY COUNTRY, 2017–2020 (USD MILLION)
                                 TABLE 114 MARKET IN NORTH AMERICA, BY COUNTRY, 2021–2026 (USD MILLION)
                                 TABLE 115 MARKET IN US, BY VERTICAL, 2017–2020 (USD MILLION)
                                 TABLE 116 MARKET IN US, BY VERTICAL, 2021–2026 (USD MILLION)
                                 TABLE 117 MARKET IN CANADA, BY VERTICAL, 2017–2020 (USD MILLION)
                                 TABLE 118 MARKET IN CANADA, BY VERTICAL, 2021–2026 (USD MILLION)
                                 TABLE 119 MARKET IN MEXICO, BY VERTICAL, 2017–2020 (USD MILLION)
                                 TABLE 120 MARKET IN MEXICO, BY VERTICAL, 2021–2026 (USD MILLION)
     12.3 EUROPE
          FIGURE 53 EUROPE: SMART THERMOSTAT MARKET SNAPSHOT
             12.3.1 UK
                        12.3.1.1 UK to hold largest market size in Europe
             12.3.2 GERMANY
                        12.3.2.1 Growing adoption of smart HVAC devices in smart cities to propel the demand for smart thermostats
                                 TABLE 121 GAS EMISSION REDUCTION TARGETS BASED ON SECTORS, 2030
             12.3.3 FRANCE
                        12.3.3.1 Rising demand for smart homes in France to fuel growth of smart market
                                 TABLE 122 NATIONAL TARGETS AND CONTRIBUTIONS OF FRANCE
             12.3.4 REST OF EUROPE (ROE)
                    TABLE 123 MARKET IN EUROPE, BY COUNTRY, 2017–2020 (USD MILLION)
                    TABLE 124 MARKET IN EUROPE, BY COUNTRY, 2021–2026 (USD MILLION)
                    TABLE 125 MARKET IN UK, BY VERTICAL, 2017–2020 (USD MILLION)
                    TABLE 126 MARKET IN UK, BY VERTICAL, 2021–2026 (USD MILLION)
                    TABLE 127 MARKET IN FRANCE, BY VERTICAL, 2017–2020 (USD MILLION)
                    TABLE 128 MARKET IN FRANCE, BY VERTICAL, 2021–2026 (USD MILLION)
                    TABLE 129 MARKET IN GERMANY, BY VERTICAL, 2017–2020 (USD MILLION)
                    TABLE 130 MARKET IN GERMANY, BY VERTICAL, 2021–2026 (USD MILLION)
                    TABLE 131 MARKET IN REST OF EUROPE, BY VERTICAL, 2017–2020 (USD MILLION)
                    TABLE 132 MARKET IN REST OF EUROPE, BY VERTICAL, 2021–2026 (USD MILLION)
     12.4 APAC
          FIGURE 54 APAC: SMART THERMOSTAT MARKET SNAPSHOT
             12.4.1 CHINA
                        12.4.1.1 China to hold largest share of APAC market
             12.4.2 JAPAN
                        12.4.2.1 Growing need for energy efficiency is fueling demand for smart thermostats
             12.4.3 SOUTH KOREA
                        12.4.3.1 Expanding smart home market to fuel market growth
             12.4.4 REST OF APAC (ROAPAC)
                    TABLE 133 MARKET IN APAC, BY COUNTRY, 2017–2020 (USD MILLION)
                    TABLE 134 MARKET IN CHINA, BY VERTICAL, 2017–2020 (USD MILLION)
                    TABLE 136 MARKET IN CHINA, BY VERTICAL, 2021–2026 (USD MILLION)
                    TABLE 137 MARKET IN JAPAN, BY VERTICAL, 2017–2020 (USD MILLION)
                    TABLE 138 MARKET IN JAPAN, BY VERTICAL, 2021–2026 (USD MILLION)
                    TABLE 139 MARKET IN SOUTH KOREA, BY VERTICAL, 2017–2020 (USD MILLION)
                    TABLE 140 MARKET IN SOUTH KOREA, BY VERTICAL, 2021–2026 (USD MILLION)
                    TABLE 141 MARKET IN REST OF APAC, BY VERTICAL, 2017–2020 (USD MILLION)
                    TABLE 142 MARKET IN REST OF APAC, BY VERTICAL, 2021–2026 (USD MILLION)
     12.5 REST OF THE WORLD (ROW)
          FIGURE 55 ROW: MARKET SNAPSHOT
             12.5.1 MIDDLE EAST & AFRICA
                        12.5.1.1 Middle East & Africa to witness significant growth
             12.5.2 SOUTH AMERICA
                        12.5.2.1 Growing retail industry to fuel regional market growth
                                 TABLE 143 MARKET IN ROW, BY REGION, 2017–2020 (USD MILLION)
                                 TABLE 144 MARKET IN ROW, BY REGION, 2021–2026 (USD MILLION)
                                 TABLE 145 MARKET IN MIDDLE EAST & AFRICA, BY VERTICAL, 2017–2020 (USD MILLION)
                                 TABLE 146 MARKET IN MIDDLE EAST & AFRICA, BY VERTICAL, 2021–2026 (USD MILLION)
                                 TABLE 147 MARKET IN SOUTH AMERICA, BY VERTICAL, 2017–2020 (USD MILLION)
                                 TABLE 148 MARKET IN SOUTH AMERICA, BY VERTICAL, 2021–2026 (USD THOUSAND)

13 COMPETITIVE LANDSCAPE (Page No. - 161)
     13.1 INTRODUCTION
             13.1.1 TOP 5 COMPANY REVENUE ANALYSIS
                    FIGURE 56 TOP PLAYERS IN MARKET, 2016–2020
     13.2 MARKET EVALUATION FRAMEWORK
          TABLE 149 OVERVIEW OF STRATEGIES DEPLOYED BY KEY PLAYERS OF MARKET
     13.3 SMART THERMOSTAT MARKET ANALYSIS OF PLAYERS, 2019
          TABLE 150 MARKET: CONSOLIDATED
     13.4 COMPETITIVE EVALUATION QUADRANT
             13.4.1 STAR
             13.4.2 EMERGING LEADER
             13.4.3 PERVASIVE
             13.4.4 PARTICIPANT
                    FIGURE 57 GLOBAL SMART THERMOSTAT MARKET COMPETITIVE LEADERSHIP MAPPING, 2019
     13.5 STARTUP/SME EVALUATION QUADRANT
             13.5.1 PROGRESSIVE COMPANY
             13.5.2 RESPONSIVE COMPANY
             13.5.3 DYNAMIC COMPANY
             13.5.4 STARTING BLOCK
                    FIGURE 58 STARTUP/SME EVALUATION MATRIX
                    TABLE 151 COMPANY APPLICATION FOOTPRINT
                    TABLE 152 COMPANY REGION FOOTPRINT
                    TABLE 153 COMPANY FOOTPRINT
     13.6 COMPETITIVE SITUATIONS AND TRENDS
             13.6.1 PRODUCT LAUNCHES
                    TABLE 154 MARKET: PRODUCT LAUNCHES, JANUARY 2018–JANUARY 2020
             13.6.2 DEALS
                    TABLE 155 MARKET: DEALS, JANUARY 2018–JANUARY 2021
             13.6.3 OTHERS
                    TABLE 156 MARKET: OTHERS, JANUARY 2018–JANUARY 2021

14 COMPANY PROFILES (Page No. - 173)
     14.1 KEY PLAYERS
(Business Overview, Products Offered, Recent Developments, and MnM View)*
             14.1.1 ALPHABET (GOOGLE NEST)
                    TABLE 157 ALPHABET: BUSINESS OVERVIEW
                    FIGURE 59 ALPHABET: COMPANY SNAPSHOT
             14.1.2 EMERSON ELECTRIC
                    TABLE 158 EMERSON ELECTRIC: BUSINESS OVERVIEW
                    FIGURE 60 EMERSON ELECTRIC: COMPANY SNAPSHOT
             14.1.3 HONEYWELL INTERNATIONAL
                    TABLE 159 HONEYWELL INTERNATIONAL: BUSINESS OVERVIEW
                    FIGURE 61 HONEYWELL INTERNATIONAL: COMPANY SNAPSHOT
             14.1.4 LENNOX INTERNATIONAL
                    TABLE 160 LENNOX CORPORATION: BUSINESS OVERVIEW
                    FIGURE 62 LENNOX INTERNATIONAL: COMPANY SNAPSHOT
             14.1.5 ECOBEE
                    TABLE 161 ECOBEE: BUSINESS OVERVIEW
             14.1.6 CARRIER CORPORATION
                    TABLE 162 CARRIER CORPORATION: BUSINESS OVERVIEW
             14.1.7 JOHNSON CONTROLS (LUX PRODUCTS)
                    TABLE 163 JOHNSON CONTROLS: BUSINESS OVERVIEW
                    FIGURE 63 JOHNSON CONTROLS: COMPANY SNAPSHOT
             14.1.8 LEGRAND (NETATMO)
                    TABLE 164 LEGRAND: BUSINESS OVERVIEW
                    FIGURE 64 LEGRAND: COMPANY SNAPSHOT
             14.1.9 RESIDEO TECHNOLOGIES
                    TABLE 165 RESIDEO TECHNOLOGIES: BUSINESS OVERVIEW
                    FIGURE 65 RESIDEO TECHNOLOGIES: COMPANY SNAPSHOT
             14.1.10 SIEMENS
                     TABLE 166 SIEMENS: BUSINESS OVERVIEW
                     FIGURE 66 SIEMENS: COMPANY SNAPSHOT
             14.1.11 TRANE TECHNOLOGIES
                     TABLE 167 TRANE TECHNOLOGIES: BUSINESS OVERVIEW
                     FIGURE 67 TRANE TECHNOLOGIES: COMPANY SNAPSHOT
             14.1.12 CONTROL4 CORPORATION
                     TABLE 168 CONTROL4 CORPORATION: BUSINESS OVERVIEW
             14.1.13 NORTEK CONTROL
                     TABLE 169 NORTEK CONTROL: BUSINESS OVERVIEW
             14.1.14 TADO
                     TABLE 170 TADO: BUSINESS OVERVIEW
* Business Overview, Products Offered, Recent Developments, and MnM View might not be captured in case of unlisted companies.
     14.2 OTHER KEY PLAYERS
             14.2.1 ALARM.COM
             14.2.2 BOSCH THERMOTECHNOLOGY
             14.2.3 CENTRICA HIVE
             14.2.4 CIELO WIGLE
             14.2.5 CLIMOTE
             14.2.6 EMPOWERED HOMES (MYSA)
             14.2.7 EVE SYSTEMS
             14.2.8 MRCOOL
             14.2.9 RADIO THERMOSTAT COMPANY OF AMERICA
             14.2.10 SALUS CONTROLS
             14.2.11 VINE CONNECTED
             14.2.12 VIVINT
             14.2.13 ZEN ECOSYSTEMS

15 ADJACENT & RELATED MARKET (Page No. - 215)
     15.1 INTRODUCTION
     15.2 LIMITATIONS
     15.3 BUILDING AUTOMATION SYSTEM MARKET
             15.3.1 DEFINITION
             15.3.2 MARKET OVERVIEW
             15.3.3 BUILDING AUTOMATION SYSTEM MARKET, BY REGION
                    TABLE 171 BUILDING AUTOMATION SYSTEM MARKET, BY REGION, 2015–2020 (USD BILLION)
                    TABLE 172 BUILDING AUTOMATION SYSTEM MARKET, BY REGION, 2021–2026 (USD BILLION)
                        15.3.3.1 North America
                                 TABLE 173 BUILDING AUTOMATION SYSTEM MARKET IN NORTH AMERICA, BY COUNTRY, 2015–2020 (USD BILLION)
                                 TABLE 174 SMART THERMOSTAT MARKET IN NORTH AMERICA, BY COUNTRY, 2021–2026 (USD BILLION)
                                 TABLE 175 MARKET IN NORTH AMERICA, BY OFFERING, 2015–2020 (USD MILLION)
                                 TABLE 176 MARKET IN NORTH AMERICA, BY OFFERING, 2021–2026 (USD MILLION)
                                 TABLE 177 BUILDING AUTOMATION SYSTEM MARKET IN NORTH AMERICA, BY APPLICATION, 2015–2020 (USD BILLION)
                                 TABLE 178 MARKET IN NORTH AMERICA, BY APPLICATION, 2021–2026 (USD BILLION)
                                 TABLE 179 MARKET IN NORTH AMERICA FOR RESIDENTIAL APPLICATION, BY COUNTRY 2015–2020 (USD MILLION)
                                 TABLE 180 MARKET IN NORTH AMERICA FOR RESIDENTIAL APPLICATION, BY COUNTRY, 2021–2026 (USD MILLION)
                                 TABLE 181 MARKET IN NORTH AMERICA FOR COMMERCIAL APPLICATION, BY COUNTRY, 2015–2020 (USD MILLION)
                                 TABLE 182 MARKET IN NORTH AMERICA FOR COMMERCIAL APPLICATION, BY COUNTRY, 2021–2026 (USD MILLION)
                                 TABLE 183 BUILDING AUTOMATION SYSTEM MARKET IN NORTH AMERICA FOR INDUSTRIAL APPLICATION, BY COUNTRY, 2015–2020 (USD MILLION)
                                 TABLE 184 MARKET IN NORTH AMERICA FOR INDUSTRIAL APPLICATION, BY COUNTRY, 2021–2026 (USD MILLION)
                                 TABLE 185 MARKET IN US, BY APPLICATION, 2015–2020 (USD BILLION)
                                 TABLE 186 MARKET IN US, BY APPLICATION, 2021–2026 (USD BILLION)
                                 TABLE 187 MARKET IN CANADA, BY APPLICATION, 2015–2020 (USD MILLION)
                                 TABLE 188 MARKET IN CANADA, BY APPLICATION, 2021–2026 (USD MILLION)
                                 TABLE 189 MARKET IN MEXICO, BY APPLICATION, 2015–2020 (USD MILLION)
                                 TABLE 190 BUILDING AUTOMATION SYSTEM MARKET IN MEXICO, BY APPLICATION, 2021–2026 (USD MILLION)
                        15.3.3.2 Europe
                                 TABLE 191 BUILDING AUTOMATION SYSTEM MARKET IN EUROPE, BY COUNTRY, 2015–2020 (USD BILLION)
                                 TABLE 192 MARKET IN EUROPE, BY COUNTRY, 2021–2026 (USD BILLION)
                                 TABLE 193 MARKET IN EUROPE, BY OFFERING, 2015–2020 (USD MILLION)
                                 TABLE 194 MARKET IN EUROPE, BY OFFERING, 2021–2026 (USD MILLION)
                                 TABLE 195 MARKET IN EUROPE, BY APPLICATION, 2015–2020 (USD BILLION)
                                 TABLE 196 MARKET IN EUROPE, BY APPLICATION, 2021–2026 (USD BILLION)
                                 TABLE 197 MARKET IN EUROPE FOR RESIDENTIAL APPLICATION, BY COUNTRY, 2015–2020 (USD MILLION)
                                 TABLE 198 MARKET IN EUROPE FOR RESIDENTIAL APPLICATION, BY COUNTRY, 2021–2026 (USD MILLION)
                                 TABLE 199 BUILDING AUTOMATION SYSTEM MARKET IN EUROPE FOR COMMERCIAL APPLICATION, BY COUNTRY, 2015–2020 (USD MILLION)
                                 TABLE 200 MARKET IN EUROPE FOR COMMERCIAL APPLICATION, BY COUNTRY, 2021–2026 (USD MILLION)
                                 TABLE 201 MARKET IN EUROPE FOR INDUSTRIAL APPLICATION, BY COUNTRY, 2015–2020 (USD MILLION)
                                 TABLE 202 MARKET IN EUROPE FOR INDUSTRIAL APPLICATION, BY COUNTRY, 2021–2026 (USD MILLION)
                                 TABLE 203 MARKET IN UK, BY APPLICATION, 2015–2020 (USD MILLION)
                                 TABLE 204 MARKET IN UK, BY APPLICATION, 2021–2026 (USD MILLION)
                                 TABLE 205 BUILDING AUTOMATION SYSTEM MARKET IN GERMANY, BY APPLICATION, 2015–2020 (USD MILLION)
                                 TABLE 206 MARKET IN GERMANY, BY APPLICATION, 2021–2026 (USD MILLION)
                                 TABLE 207 MARKET IN FRANCE, BY APPLICATION, 2015–2020 (USD MILLION)
                                 TABLE 208 MARKET IN FRANCE, BY APPLICATION, 2021–2026 (USD MILLION)
                                 TABLE 209 MARKET IN ITALY, BY APPLICATION, 2015–2020 (USD MILLION)
                                 TABLE 210 MARKET IN ITALY, BY APPLICATION, 2021–2026 (USD MILLION)
                                 TABLE 211 MARKET IN REST OF EUROPE, BY APPLICATION, 2015–2020 (USD MILLION)
                                 TABLE 212 BUILDING AUTOMATION SYSTEM MARKET IN REST OF EUROPE, BY APPLICATION, 2021–2026 (USD MILLION)
                        15.3.3.3 APAC
                                 TABLE 213 BUILDING AUTOMATION SYSTEM MARKET IN APAC, BY COUNTRY, 2015–2020 (USD BILLION)
                                 TABLE 214 MARKET IN APAC, BY COUNTRY, 2021–2026 (USD BILLION)
                                 TABLE 215 MARKET IN APAC, BY OFFERING, 2015–2020 (USD MILLION)
                                 TABLE 216 MARKET IN APAC, BY OFFERING, 2021–2026 (USD MILLION)
                                 TABLE 217 MARKET IN APAC, BY APPLICATION, 2015–2020 (USD BILLION)
                                 TABLE 218 MARKET IN APAC, BY APPLICATION, 2021–2026 (USD BILLION)
                                 TABLE 219 MARKET IN APAC FOR RESIDENTIAL APPLICATION, BY COUNTRY, 2015–2020 (USD MILLION)
                                 TABLE 220 BUILDING AUTOMATION SYSTEM MARKET IN APAC FOR RESIDENTIAL APPLICATION, BY COUNTRY, 2021–2026 (USD MILLION)
                                 TABLE 221 MARKET IN APAC FOR COMMERCIAL APPLICATION, BY COUNTRY, 2015–2020 (USD MILLION)
                                 TABLE 222 MARKET IN APAC FOR COMMERCIAL APPLICATION, BY COUNTRY, 2021–2026 (USD MILLION)
                                 TABLE 223 MARKET IN APAC FOR INDUSTRIAL APPLICATION, BY COUNTRY, 2015–2020 (USD MILLION)
                                 TABLE 224 BUILDING AUTOMATION SYSTEM MARKET IN APAC FOR INDUSTRIAL APPLICATION, BY COUNTRY, 2021–2026 (USD MILLION)
                                 TABLE 225 MARKET IN CHINA, BY APPLICATION, 2015–2020 (USD MILLION)
                                 TABLE 226 MARKET IN CHINA, BY APPLICATION, 2021–2026 (USD MILLION)
                                 TABLE 227 MARKET IN JAPAN, BY APPLICATION, 2015–2020 (USD MILLION)
                                 TABLE 228 MARKET IN JAPAN, BY APPLICATION, 2021–2026 (USD MILLION)
                                 TABLE 229 MARKET IN INDIA, BY APPLICATION, 2015–2020 (USD MILLION)
                                 TABLE 230 MARKET IN INDIA, BY APPLICATION, 2021–2026 (USD MILLION)
                                 TABLE 231 MARKET IN SOUTH KOREA, BY APPLICATION, 2015–2020 (USD MILLION)
                                 TABLE 232 MARKET IN SOUTH KOREA, BY APPLICATION, 2021–2026 (USD MILLION)
                                 TABLE 233 MARKET IN REST OF APAC, BY APPLICATION, 2015–2020 (USD MILLION)
                                 TABLE 234 BUILDING AUTOMATION SYSTEM MARKET IN REST OF APAC, BY APPLICATION, 2021–2026 (USD MILLION)
                        15.3.3.4 ROW
                                 TABLE 235 BUILDING AUTOMATION SYSTEM MARKET IN ROW, BY REGION, 2015–2020 (USD BILLION)
                                 TABLE 236 SMART THERMOSTAT MARKET IN ROW, BY REGION, 2021–2026 (USD BILLION)
                                 TABLE 237 MARKET IN ROW, BY OFFERING, 2015–2020 (USD MILLION)
                                 TABLE 238 MARKET IN ROW, BY OFFERING, 2021–2026 (USD MILLION)
                                 TABLE 239 MARKET IN ROW, BY APPLICATION, 2015–2020 (USD BILLION)
                                 TABLE 240 MARKET IN ROW, BY APPLICATION, 2021–2026 (USD BILLION)
                                 TABLE 241 MARKET IN ROW FOR RESIDENTIAL APPLICATION, BY REGION, 2015–2020 (USD MILLION)
                                 TABLE 242 BUILDING AUTOMATION SYSTEM MARKET IN ROW FOR RESIDENTIAL APPLICATION, BY REGION, 2021–2026 (USD MILLION)
                                 TABLE 243 MARKET IN ROW FOR COMMERCIAL APPLICATION, BY REGION, 2015–2020 (USD MILLION)
                                 TABLE 244 MARKET IN ROW FOR COMMERCIAL APPLICATION, BY REGION, 2021–2026 (USD MILLION)
                                 TABLE 245 MARKET IN ROW FOR INDUSTRIAL APPLICATION, BY REGION, 2015–2020 (USD MILLION)
                                 TABLE 246 MARKET IN ROW FOR INDUSTRIAL APPLICATION, BY REGION, 2021–2026 (USD MILLION)
                                 TABLE 247 MARKET IN SOUTH AMERICA, BY APPLICATION, 2015–2020 (USD MILLION)
                                 TABLE 248 MARKET IN SOUTH AMERICA, BY APPLICATION, 2021–2026 (USD MILLION)
                                 TABLE 249 MARKET IN MIDDLE EAST AND AFRICA, BY APPLICATION, 2015–2020 (USD MILLION)
                                 TABLE 250 BUILDING AUTOMATION SYSTEM MARKET IN MIDDLE EAST AND AFRICA, BY APPLICATION, 2021–2026 (USD MILLION)

16 APPENDIX (Page No. - 243)
     16.1 INSIGHTS OF INDUSTRY EXPERTS
     16.2 DISCUSSION GUIDE
     16.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
     16.4 AVAILABLE CUSTOMIZATIONS
     16.5 RELATED REPORTS
     16.6 AUTHOR DETAILS

 


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