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

Asia Pacific smart thermostat market will grow by 25.5% over 2020-2030 with a total addressable market cap of $7.21 billion in the fast-growing region

Asia Pacific smart thermostat market will grow by 25.5% over 2020-2030 with a total addressable market cap of $7.21 billion in the fast-growing region. Highlighted with 33 tables and 47 figures, this 103-page report “Asia Pacific Smart Thermostat Market 2020-2030 by Component, Product, Technology, Application, End User, and Country: Trend Outlook and Growth Opportunity” is based on a comprehensive research of the entire Asia Pacific smart thermostat market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. In this report 2019 is the base year for market analysis, with estimates and forecast covering 2020-2030. (Please Note: The report will be updated before delivery to make sure that the latest historical year is the base year and the forecast covers at least 5 years over the base year.) In-depth qualitative analyses include identification and investigation of the following aspects: • Market Structure • Growth Drivers • Restraints and Challenges • Emerging Product Trends & Market Opportunities • Porter’s Fiver Forces The trend and outlook of Asia Pacific market is forecast in optimistic, balanced, and conservative view. The balanced (most likely) projection is used to quantify Asia Pacific smart thermostat market in every aspect of the classification from perspectives of Component, Product, Technology, Application, End User, and Country. Based on Component, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each section. • Display • Temperature Sensor • Humidity Sensor • Motion Sensor • Other Components Based on Product, the Asia Pacific 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 Asia Pacific 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 Asia Pacific 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 Asia Pacific 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: • Japan • China • South Korea • Australia • India • Rest of APAC (further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka) 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 Asia Pacific 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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Asia-Pacific dominates the market and is the largest and fastest-growing market in the animal growth promoters industry globally

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Prashant Tiwari

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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 Asia Pacific 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 Asia Pacific 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 Asia Pacific 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 Asia Pacific Market by Application 53
  • 6.1 Market Overview by Application 53
  • 6.2 Heating Equipment 55
  • 6.3 Cooling Equipment 56
  • 7 Segmentation of Asia Pacific 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 Asia-Pacific Market 2019-2030 by Country 63
  • 8.1 Overview of Asia-Pacific Market 63
  • 8.2 Japan 66
  • 8.3 China 69
  • 8.4 Australia 71
  • 8.5 India 73
  • 8.6 South Korea 75
  • 8.7 Rest of APAC Region 77
  • 9 Competitive Landscape 79
  • 9.1 Overview of Key Vendors 79
  • 9.2 New Product Launch, Partnership, Investment, and M&A 83
  • 9.3 Company Profiles 84
  • Carrier Corporation 84
  • ecobee 86
  • Emerson 87
  • Hive 88
  • Honeywell 89
  • Johnson Controls 90
  • Lux 91
  • Nest Labs 92
  • Netatmo 93
  • Nortek, Inc. 94
  • Schneider Electric SE 95
  • Tado 96
  • 10 Investing in Asia Pacific Market: Risk Assessment and Management 97
  • 10.1 Risk Evaluation of Asia Pacific Market 97
  • 10.2 Critical Success Factors (CSFs) 100
  • Related Reports and Products 103

Table 1. Snapshot of Asia Pacific Smart Thermostat Market, 2019-2030 15
Table 2. Main Product Trends and Market Opportunities in Asia Pacific Smart Thermostat Market 23
Table 3. Asia Pacific Smart Thermostat Market by Component, 2019-2030, $ mn 30
Table 4. Asia Pacific Smart Thermostat Market by Product, 2019-2030, $ mn 37
Table 5. Asia Pacific Smart Thermostat Market by Technology, 2019-2030, $ mn 43
Table 6. Asia Pacific Smart Thermostat Market: Wireless Technology by Type, 2019-2030, $ mn 47
Table 7. Asia Pacific Smart Thermostat Market by Application, 2019-2030, $ mn 53
Table 8. Asia Pacific Smart Thermostat Market by End User, 2019-2030, $ mn 57
Table 9. APAC Smart Thermostat Market by Country, 2019-2030, $ mn 64
Table 10. Japan Smart Thermostat Market by Component, 2019-2030, $ mn 68
Table 11. Japan Smart Thermostat Market by Technology, 2019-2030, $ mn 68
Table 12. Japan Smart Thermostat Market by End User, 2019-2030, $ mn 68
Table 13. China Smart Thermostat Market by Component, 2019-2030, $ mn 70
Table 14. China Smart Thermostat Market by Technology, 2019-2030, $ mn 70
Table 15. China Smart Thermostat Market by End User, 2019-2030, $ mn 70
Table 16. Australia Smart Thermostat Market by Component, 2019-2030, $ mn 72
Table 17. Australia Smart Thermostat Market by Technology, 2019-2030, $ mn 72
Table 18. Australia Smart Thermostat Market by End User, 2019-2030, $ mn 72
Table 19. India Smart Thermostat Market by Component, 2019-2030, $ mn 74
Table 20. India Smart Thermostat Market by Technology, 2019-2030, $ mn 74
Table 21. India Smart Thermostat Market by End User, 2019-2030, $ mn 74
Table 22. South Korea Smart Thermostat Market by Component, 2019-2030, $ mn 76
Table 23. South Korea Smart Thermostat Market by Technology, 2019-2030, $ mn 76
Table 24. South Korea Smart Thermostat Market by End User, 2019-2030, $ mn 76
Table 25. Smart Thermostat Market in Rest of APAC by Country, 2019-2030, $ mn 78
Table 26. Breakdown of Asia Pacific Market by Key Vendor, 2019, % 81
Table 27. Carrier Corporation: Company Snapshot 84
Table 28. Carrier Corporation: Business Segmentation 84
Table 29. Carrier Corporation: Product Portfolio 85
Table 30. Carrier Corporation: Revenue, 2016-2018, $ mn 85
Table 31. Carrier Corporation: Recent Developments 85
Table 32. Risk Evaluation for Investing in Asia Pacific Market, 2019-2030 98
Table 33. Critical Success Factors and Key Takeaways 101

Figure 1. Research Method Flow Chart 9
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 12
Figure 3. Asia Pacific Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2019-2030 14
Figure 4. Asia Pacific Smart Thermostat Market, 2019-2030, $ mn 16
Figure 5. Primary Drivers and Impact Factors of Asia Pacific Smart Thermostat Market 17
Figure 6. Primary Restraints and Impact Factors of Asia Pacific Smart Thermostat Market 20
Figure 7. Porter’s Fiver Forces Analysis of Asia Pacific Smart Thermostat Market 26
Figure 8. Breakdown of Asia Pacific Smart Thermostat Market by Component, 2019-2030, % of Revenue 30
Figure 9. Contribution to Asia Pacific 2020-2030 Cumulative Revenue by Component, Value ($ mn) and Share (%) 31
Figure 10. Asia Pacific Smart Thermostat Market: Display, 2019-2030, $ mn 32
Figure 11. Asia Pacific Smart Thermostat Market: Temperature Sensor, 2019-2030, $ mn 33
Figure 12. Asia Pacific Smart Thermostat Market: Humidity Sensor, 2019-2030, $ mn 34
Figure 13. Asia Pacific Smart Thermostat Market: Motion Sensor, 2019-2030, $ mn 35
Figure 14. Asia Pacific Smart Thermostat Market: Other Components, 2019-2030, $ mn 36
Figure 15. Breakdown of Asia Pacific Smart Thermostat Market by Product, 2019-2030, % of Revenue 37
Figure 16. Contribution to Asia Pacific 2020-2030 Cumulative Revenue by Product, Value ($ mn) and Share (%) 38
Figure 17. Asia Pacific Smart Thermostat Market: Standalone Thermostats, 2019-2030, $ mn 39
Figure 18. Asia Pacific Smart Thermostat Market: Network Thermostats, 2019-2030, $ mn 40
Figure 19. Asia Pacific Smart Thermostat Market: Learning Thermostats, 2019-2030, $ mn 41
Figure 20. Breakdown of Asia Pacific Smart Thermostat Market by Technology, 2019-2030, % of Revenue 43
Figure 21. Contribution to Asia Pacific 2020-2030 Cumulative Revenue by Technology, Value ($ mn) and Share (%) 44
Figure 22. Asia Pacific Smart Thermostat Market: Wired Technology, 2019-2030, $ mn 45
Figure 23. Asia Pacific Smart Thermostat Market: Wireless Technology, 2019-2030, $ mn 46
Figure 24. Asia Pacific Smart Thermostat Market: Wi-Fi, 2019-2030, $ mn 48
Figure 25. Asia Pacific Smart Thermostat Market: ZigBee, 2019-2030, $ mn 49
Figure 26. Asia Pacific Smart Thermostat Market: Near-field Communications, 2019-2030, $ mn 50
Figure 27. Asia Pacific Smart Thermostat Market: Bluetooth, 2019-2030, $ mn 51
Figure 28. Asia Pacific Smart Thermostat Market: Other Wireless Technologies, 2019-2030, $ mn 52
Figure 29. Breakdown of Asia Pacific Smart Thermostat Market by Application, 2019-2030, % of Revenue 53
Figure 30. Contribution to Asia Pacific 2020-2030 Cumulative Revenue by Application, Value ($ mn) and Share (%) 54
Figure 31. Asia Pacific Smart Thermostat Market: Heating Equipment, 2019-2030, $ mn 55
Figure 32. Asia Pacific Smart Thermostat Market: Cooling Equipment, 2019-2030, $ mn 56
Figure 33. Breakdown of Asia Pacific Smart Thermostat Market by End User, 2019-2030, % of Revenue 57
Figure 34. Contribution to Asia Pacific 2020-2030 Cumulative Revenue by End User, Value ($ mn) and Share (%) 58
Figure 35. Asia Pacific Smart Thermostat Market: Industrial, 2019-2030, $ mn 59
Figure 36. Asia Pacific Smart Thermostat Market: Commercial, 2019-2030, $ mn 60
Figure 37. Asia Pacific Smart Thermostat Market: Residential, 2019-2030, $ mn 61
Figure 38. Asia Pacific Smart Thermostat Market: Public Infrastructure, 2019-2030, $ mn 62
Figure 39. Breakdown of APAC Smart Thermostat Market by Country, 2019 and 2030, % of Revenue 64
Figure 40. Contribution to APAC 2020-2030 Cumulative Revenue by Country, Value ($ mn) and Share (%) 65
Figure 41. Smart Thermostat Market in Japan, 2019-2030, $ mn 67
Figure 42. Smart Thermostat Market in China, 2019-2030, $ mn 69
Figure 43. Smart Thermostat Market in Australia, 2019-2030, $ mn 71
Figure 44. Smart Thermostat Market in India, 2019-2030, $ mn 73
Figure 45. Smart Thermostat Market in South Korea, 2019-2030, $ mn 75
Figure 46. Smart Thermostat Market in Rest of APAC, 2019-2030, $ mn 77
Figure 47. Growth Stage of Asia Pacific Smart Thermostat Industry over the Forecast Period 79

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

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