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

Europe smart thermostat market reached $325.0 million in 2019 and will grow by 19.1% over 2020-2030 owing to the rising need for smart home in the region.

Europe smart thermostat market reached $325.0 million in 2019 and will grow by 19.1% over 2020-2030 owing to the rising need for smart home in the region. Highlighted with 33 tables and 47 figures, this 102-page report “Europe Smart Thermostat Market 2020-2030 by Component, Product, Technology, Application, End User, and Country: Trend Outlook and Growth Opportunity” is based on a comprehensive research of the entire Europe smart thermostat market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. In this report 2019 is the base year for market analysis, with estimates and forecast covering 2020-2030. (Please Note: The report will be updated before delivery to make sure that the latest historical year is the base year and the forecast covers at least 5 years over the base year.) In-depth qualitative analyses include identification and investigation of the following aspects: • Market Structure • Growth Drivers • Restraints and Challenges • Emerging Product Trends & Market Opportunities • Porter’s Fiver Forces The trend and outlook of Europe market is forecast in optimistic, balanced, and conservative view. The balanced (most likely) projection is used to quantify Europe smart thermostat market in every aspect of the classification from perspectives of Component, Product, Technology, Application, End User, and Country. Based on Component, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each section. • Display • Temperature Sensor • Humidity Sensor • Motion Sensor • Other Components Based on Product, the Europe 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 Europe 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 Europe 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 Europe 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: • Germany • UK • France • Spain • Italy • Rest of Europe (further segmented into Russia, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania) 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 Europe 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.)

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Arun Kalwani

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Table of Contents

  • 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 Europe 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 Europe 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 Europe 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 Europe Market by Application 53
  • 6.1 Market Overview by Application 53
  • 6.2 Heating Equipment 55
  • 6.3 Cooling Equipment 56
  • 7 Segmentation of Europe 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 European Market 2019-2030 by Country 63
  • 8.1 Overview of European Market 63
  • 8.2 Germany 66
  • 8.3 UK 68
  • 8.4 France 70
  • 8.5 Spain 72
  • 8.6 Italy 74
  • 8.7 Rest of European Market 76
  • 9 Competitive Landscape 78
  • 9.1 Overview of Key Vendors 78
  • 9.2 New Product Launch, Partnership, Investment, and M&A 82
  • 9.3 Company Profiles 83
  • Carrier Corporation 83
  • ecobee 85
  • Emerson 86
  • Hive 87
  • Honeywell 88
  • Johnson Controls 89
  • Lux 90
  • Nest Labs 91
  • Netatmo 92
  • Nortek, Inc. 93
  • Schneider Electric SE 94
  • Tado 95
  • 10 Investing in Europe Market: Risk Assessment and Management 96
  • 10.1 Risk Evaluation of Europe Market 96
  • 10.2 Critical Success Factors (CSFs) 99
  • Related Reports and Products 102

Table 1. Snapshot of Europe Smart Thermostat Market, 2019-2030 15
Table 2. Main Product Trends and Market Opportunities in Europe Smart Thermostat Market 23
Table 3. Europe Smart Thermostat Market by Component, 2019-2030, $ mn 30
Table 4. Europe Smart Thermostat Market by Product, 2019-2030, $ mn 37
Table 5. Europe Smart Thermostat Market by Technology, 2019-2030, $ mn 43
Table 6. Europe Smart Thermostat Market: Wireless Technology by Type, 2019-2030, $ mn 47
Table 7. Europe Smart Thermostat Market by Application, 2019-2030, $ mn 53
Table 8. Europe Smart Thermostat Market by End User, 2019-2030, $ mn 57
Table 9. Europe Smart Thermostat Market by Country, 2019-2030, $ mn 65
Table 10. Germany Smart Thermostat Market by Component, 2019-2030, $ mn 67
Table 11. Germany Smart Thermostat Market by Technology, 2019-2030, $ mn 67
Table 12. Germany Smart Thermostat Market by End User, 2019-2030, $ mn 67
Table 13. UK Smart Thermostat Market by Component, 2019-2030, $ mn 69
Table 14. UK Smart Thermostat Market by Technology, 2019-2030, $ mn 69
Table 15. UK Smart Thermostat Market by End User, 2019-2030, $ mn 69
Table 16. France Smart Thermostat Market by Component, 2019-2030, $ mn 71
Table 17. France Smart Thermostat Market by Technology, 2019-2030, $ mn 71
Table 18. France Smart Thermostat Market by End User, 2019-2030, $ mn 71
Table 19. Spain Smart Thermostat Market by Component, 2019-2030, $ mn 73
Table 20. Spain Smart Thermostat Market by Technology, 2019-2030, $ mn 73
Table 21. Spain Smart Thermostat Market by End User, 2019-2030, $ mn 73
Table 22. Italy Smart Thermostat Market by Component, 2019-2030, $ mn 75
Table 23. Italy Smart Thermostat Market by Technology, 2019-2030, $ mn 75
Table 24. Italy Smart Thermostat Market by End User, 2019-2030, $ mn 75
Table 25. Smart Thermostat Market in Rest of Europe by Country, 2019-2030, $ mn 77
Table 26. Breakdown of Europe Market by Key Vendor, 2019, % 80
Table 27. Carrier Corporation: Company Snapshot 83
Table 28. Carrier Corporation: Business Segmentation 83
Table 29. Carrier Corporation: Product Portfolio 84
Table 30. Carrier Corporation: Revenue, 2016-2018, $ mn 84
Table 31. Carrier Corporation: Recent Developments 84
Table 32. Risk Evaluation for Investing in Europe Market, 2019-2030 97
Table 33. Critical Success Factors and Key Takeaways 100

Figure 1. Research Method Flow Chart 9
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 12
Figure 3. Europe Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2019-2030 14
Figure 4. Europe Smart Thermostat Market, 2019-2030, $ mn 16
Figure 5. Primary Drivers and Impact Factors of Europe Smart Thermostat Market 17
Figure 6. Primary Restraints and Impact Factors of Europe Smart Thermostat Market 20
Figure 7. Porter’s Fiver Forces Analysis of Europe Smart Thermostat Market 26
Figure 8. Breakdown of Europe Smart Thermostat Market by Component, 2019-2030, % of Revenue 30
Figure 9. Contribution to Europe 2020-2030 Cumulative Revenue by Component, Value ($ mn) and Share (%) 31
Figure 10. Europe Smart Thermostat Market: Display, 2019-2030, $ mn 32
Figure 11. Europe Smart Thermostat Market: Temperature Sensor, 2019-2030, $ mn 33
Figure 12. Europe Smart Thermostat Market: Humidity Sensor, 2019-2030, $ mn 34
Figure 13. Europe Smart Thermostat Market: Motion Sensor, 2019-2030, $ mn 35
Figure 14. Europe Smart Thermostat Market: Other Components, 2019-2030, $ mn 36
Figure 15. Breakdown of Europe Smart Thermostat Market by Product, 2019-2030, % of Revenue 37
Figure 16. Contribution to Europe 2020-2030 Cumulative Revenue by Product, Value ($ mn) and Share (%) 38
Figure 17. Europe Smart Thermostat Market: Standalone Thermostats, 2019-2030, $ mn 39
Figure 18. Europe Smart Thermostat Market: Network Thermostats, 2019-2030, $ mn 40
Figure 19. Europe Smart Thermostat Market: Learning Thermostats, 2019-2030, $ mn 41
Figure 20. Breakdown of Europe Smart Thermostat Market by Technology, 2019-2030, % of Revenue 43
Figure 21. Contribution to Europe 2020-2030 Cumulative Revenue by Technology, Value ($ mn) and Share (%) 44
Figure 22. Europe Smart Thermostat Market: Wired Technology, 2019-2030, $ mn 45
Figure 23. Europe Smart Thermostat Market: Wireless Technology, 2019-2030, $ mn 46
Figure 24. Europe Smart Thermostat Market: Wi-Fi, 2019-2030, $ mn 48
Figure 25. Europe Smart Thermostat Market: ZigBee, 2019-2030, $ mn 49
Figure 26. Europe Smart Thermostat Market: Near-field Communications, 2019-2030, $ mn 50
Figure 27. Europe Smart Thermostat Market: Bluetooth, 2019-2030, $ mn 51
Figure 28. Europe Smart Thermostat Market: Other Wireless Technologies, 2019-2030, $ mn 52
Figure 29. Breakdown of Europe Smart Thermostat Market by Application, 2019-2030, % of Revenue 53
Figure 30. Contribution to Europe 2020-2030 Cumulative Revenue by Application, Value ($ mn) and Share (%) 54
Figure 31. Europe Smart Thermostat Market: Heating Equipment, 2019-2030, $ mn 55
Figure 32. Europe Smart Thermostat Market: Cooling Equipment, 2019-2030, $ mn 56
Figure 33. Breakdown of Europe Smart Thermostat Market by End User, 2019-2030, % of Revenue 57
Figure 34. Contribution to Europe 2020-2030 Cumulative Revenue by End User, Value ($ mn) and Share (%) 58
Figure 35. Europe Smart Thermostat Market: Industrial, 2019-2030, $ mn 59
Figure 36. Europe Smart Thermostat Market: Commercial, 2019-2030, $ mn 60
Figure 37. Europe Smart Thermostat Market: Residential, 2019-2030, $ mn 61
Figure 38. Europe Smart Thermostat Market: Public Infrastructure, 2019-2030, $ mn 62
Figure 39. Breakdown of European Smart Thermostat Market by Country, 2019 and 2030, % of Revenue 64
Figure 40. Contribution to Europe 2020-2030 Cumulative Revenue by Country, Value ($ mn) and Share (%) 65
Figure 41. Smart Thermostat Market in Germany, 2019-2030, $ mn 66
Figure 42. Smart Thermostat Market in UK, 2019-2030, $ mn 68
Figure 43. Smart Thermostat Market in France, 2019-2030, $ mn 70
Figure 44. Smart Thermostat Market in Spain, 2019-2030, $ mn 72
Figure 45. Smart Thermostat Market in Italy, 2019-2030, $ mn 74
Figure 46. Smart Thermostat Market in Rest of Europe, 2019-2030, $ mn 76
Figure 47. Growth Stage of Europe Smart Thermostat Industry over the Forecast Period 78

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

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