1 Market Overview

• 1.1 Product Overview and Scope
• 1.2 Market Estimation Caveats and Base Year
• 1.3 Market Analysis by Type
  • 1.3.1 Overview: Global Thermostat Consumption Value by Type: 2020 Versus 2024 Versus 2031
  • 1.3.2 Non-Programmable Type
  • 1.3.3 Programmable Type
  • 1.3.4 Smart Type
  • 1.3.5 WiFi Type
• 1.4 Market Analysis by Application
  • 1.4.1 Overview: Global Thermostat Consumption Value by Application: 2020 Versus 2024 Versus 2031
  • 1.4.2 Business
  • 1.4.3 Industrial
  • 1.4.4 Residential
• 1.5 Global Thermostat Market Size & Forecast
  • 1.5.1 Global Thermostat Consumption Value (2020 & 2024 & 2031)
  • 1.5.2 Global Thermostat Sales Quantity (2020-2031)
  • 1.5.3 Global Thermostat Average Price (2020-2031)

2 Manufacturers Profiles

• 2.1 Google Nest
  • 2.1.1 Google Nest Details
  • 2.1.2 Google Nest Major Business
  • 2.1.3 Google Nest Thermostat Product and Services
  • 2.1.4 Google Nest Thermostat Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
  • 2.1.5 Google Nest Recent Developments/Updates
• 2.2 Honeywell
  • 2.2.1 Honeywell Details
  • 2.2.2 Honeywell Major Business
  • 2.2.3 Honeywell Thermostat Product and Services
  • 2.2.4 Honeywell Thermostat Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
  • 2.2.5 Honeywell Recent Developments/Updates
• 2.3 EcoBee
  • 2.3.1 EcoBee Details
  • 2.3.2 EcoBee Major Business
  • 2.3.3 EcoBee Thermostat Product and Services
  • 2.3.4 EcoBee Thermostat Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
  • 2.3.5 EcoBee Recent Developments/Updates
• 2.4 Schneider Electric
  • 2.4.1 Schneider Electric Details
  • 2.4.2 Schneider Electric Major Business
  • 2.4.3 Schneider Electric Thermostat Product and Services
  • 2.4.4 Schneider Electric Thermostat Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
  • 2.4.5 Schneider Electric Recent Developments/Updates
• 2.5 Emerson
  • 2.5.1 Emerson Details
  • 2.5.2 Emerson Major Business
  • 2.5.3 Emerson Thermostat Product and Services
  • 2.5.4 Emerson Thermostat Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
  • 2.5.5 Emerson Recent Developments/Updates
• 2.6 Carrier
  • 2.6.1 Carrier Details
  • 2.6.2 Carrier Major Business
  • 2.6.3 Carrier Thermostat Product and Services
  • 2.6.4 Carrier Thermostat Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
  • 2.6.5 Carrier Recent Developments/Updates
• 2.7 Energate Inc.
  • 2.7.1 Energate Inc. Details
  • 2.7.2 Energate Inc. Major Business
  • 2.7.3 Energate Inc. Thermostat Product and Services
  • 2.7.4 Energate Inc. Thermostat Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
  • 2.7.5 Energate Inc. Recent Developments/Updates
• 2.8 Tado GmbH
  • 2.8.1 Tado GmbH Details
  • 2.8.2 Tado GmbH Major Business
  • 2.8.3 Tado GmbH Thermostat Product and Services
  • 2.8.4 Tado GmbH Thermostat Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
  • 2.8.5 Tado GmbH Recent Developments/Updates
• 2.9 Control4
  • 2.9.1 Control4 Details
  • 2.9.2 Control4 Major Business
  • 2.9.3 Control4 Thermostat Product and Services
  • 2.9.4 Control4 Thermostat Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
  • 2.9.5 Control4 Recent Developments/Updates
• 2.10 Netatmo
  • 2.10.1 Netatmo Details
  • 2.10.2 Netatmo Major Business
  • 2.10.3 Netatmo Thermostat Product and Services
  • 2.10.4 Netatmo Thermostat Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
  • 2.10.5 Netatmo Recent Developments/Updates
• 2.11 Hive Home
  • 2.11.1 Hive Home Details
  • 2.11.2 Hive Home Major Business
  • 2.11.3 Hive Home Thermostat Product and Services
  • 2.11.4 Hive Home Thermostat Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
  • 2.11.5 Hive Home Recent Developments/Updates
• 2.12 Trane
  • 2.12.1 Trane Details
  • 2.12.2 Trane Major Business
  • 2.12.3 Trane Thermostat Product and Services
  • 2.12.4 Trane Thermostat Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
  • 2.12.5 Trane Recent Developments/Updates
• 2.13 Johnston Controls
  • 2.13.1 Johnston Controls Details
  • 2.13.2 Johnston Controls Major Business
  • 2.13.3 Johnston Controls Thermostat Product and Services
  • 2.13.4 Johnston Controls Thermostat Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
  • 2.13.5 Johnston Controls Recent Developments/Updates
• 2.14 DANFOSS
  • 2.14.1 DANFOSS Details
  • 2.14.2 DANFOSS Major Business
  • 2.14.3 DANFOSS Thermostat Product and Services
  • 2.14.4 DANFOSS Thermostat Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
  • 2.14.5 DANFOSS Recent Developments/Updates
• 2.15 Siemens
  • 2.15.1 Siemens Details
  • 2.15.2 Siemens Major Business
  • 2.15.3 Siemens Thermostat Product and Services
  • 2.15.4 Siemens Thermostat Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
  • 2.15.5 Siemens Recent Developments/Updates
• 2.16 Saswell
  • 2.16.1 Saswell Details
  • 2.16.2 Saswell Major Business
  • 2.16.3 Saswell Thermostat Product and Services
  • 2.16.4 Saswell Thermostat Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
  • 2.16.5 Saswell Recent Developments/Updates
• 2.17 Computime
  • 2.17.1 Computime Details
  • 2.17.2 Computime Major Business
  • 2.17.3 Computime Thermostat Product and Services
  • 2.17.4 Computime Thermostat Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
  • 2.17.5 Computime Recent Developments/Updates
• 2.18 Shenzhen Topband
  • 2.18.1 Shenzhen Topband Details
  • 2.18.2 Shenzhen Topband Major Business
  • 2.18.3 Shenzhen Topband Thermostat Product and Services
  • 2.18.4 Shenzhen Topband Thermostat Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
  • 2.18.5 Shenzhen Topband Recent Developments/Updates
• 2.19 HaiLin Energy Technology
  • 2.19.1 HaiLin Energy Technology Details
  • 2.19.2 HaiLin Energy Technology Major Business
  • 2.19.3 HaiLin Energy Technology Thermostat Product and Services
  • 2.19.4 HaiLin Energy Technology Thermostat Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
  • 2.19.5 HaiLin Energy Technology Recent Developments/Updates

3 Competitive Environment: Thermostat by Manufacturer

• 3.1 Global Thermostat Sales Quantity by Manufacturer (2020-2025)
• 3.2 Global Thermostat Revenue by Manufacturer (2020-2025)
• 3.3 Global Thermostat Average Price by Manufacturer (2020-2025)
• 3.4 Market Share Analysis (2024)
  • 3.4.1 Producer Shipments of Thermostat by Manufacturer Revenue ($MM) and Market Share (%): 2024
  • 3.4.2 Top 3 Thermostat Manufacturer Market Share in 2024
  • 3.4.3 Top 6 Thermostat Manufacturer Market Share in 2024
• 3.5 Thermostat Market: Overall Company Footprint Analysis
  • 3.5.1 Thermostat Market: Region Footprint
  • 3.5.2 Thermostat Market: Company Product Type Footprint
  • 3.5.3 Thermostat Market: Company Product Application Footprint
• 3.6 New Market Entrants and Barriers to Market Entry
• 3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

• 4.1 Global Thermostat Market Size by Region
  • 4.1.1 Global Thermostat Sales Quantity by Region (2020-2031)
  • 4.1.2 Global Thermostat Consumption Value by Region (2020-2031)
  • 4.1.3 Global Thermostat Average Price by Region (2020-2031)
• 4.2 North America Thermostat Consumption Value (2020-2031)
• 4.3 Europe Thermostat Consumption Value (2020-2031)
• 4.4 Asia-Pacific Thermostat Consumption Value (2020-2031)
• 4.5 South America Thermostat Consumption Value (2020-2031)
• 4.6 Middle East & Africa Thermostat Consumption Value (2020-2031)

5 Market Segment by Type

• 5.1 Global Thermostat Sales Quantity by Type (2020-2031)
• 5.2 Global Thermostat Consumption Value by Type (2020-2031)
• 5.3 Global Thermostat Average Price by Type (2020-2031)

6 Market Segment by Application

• 6.1 Global Thermostat Sales Quantity by Application (2020-2031)
• 6.2 Global Thermostat Consumption Value by Application (2020-2031)
• 6.3 Global Thermostat Average Price by Application (2020-2031)

7 North America

• 7.1 North America Thermostat Sales Quantity by Type (2020-2031)
• 7.2 North America Thermostat Sales Quantity by Application (2020-2031)
• 7.3 North America Thermostat Market Size by Country
  • 7.3.1 North America Thermostat Sales Quantity by Country (2020-2031)
  • 7.3.2 North America Thermostat Consumption Value by Country (2020-2031)
  • 7.3.3 United States Market Size and Forecast (2020-2031)
  • 7.3.4 Canada Market Size and Forecast (2020-2031)
  • 7.3.5 Mexico Market Size and Forecast (2020-2031)

8 Europe

• 8.1 Europe Thermostat Sales Quantity by Type (2020-2031)
• 8.2 Europe Thermostat Sales Quantity by Application (2020-2031)
• 8.3 Europe Thermostat Market Size by Country
  • 8.3.1 Europe Thermostat Sales Quantity by Country (2020-2031)
  • 8.3.2 Europe Thermostat Consumption Value by Country (2020-2031)
  • 8.3.3 Germany Market Size and Forecast (2020-2031)
  • 8.3.4 France Market Size and Forecast (2020-2031)
  • 8.3.5 United Kingdom Market Size and Forecast (2020-2031)
  • 8.3.6 Russia Market Size and Forecast (2020-2031)
  • 8.3.7 Italy Market Size and Forecast (2020-2031)

9 Asia-Pacific

• 9.1 Asia-Pacific Thermostat Sales Quantity by Type (2020-2031)
• 9.2 Asia-Pacific Thermostat Sales Quantity by Application (2020-2031)
• 9.3 Asia-Pacific Thermostat Market Size by Region
  • 9.3.1 Asia-Pacific Thermostat Sales Quantity by Region (2020-2031)
  • 9.3.2 Asia-Pacific Thermostat Consumption Value by Region (2020-2031)
  • 9.3.3 China Market Size and Forecast (2020-2031)
  • 9.3.4 Japan Market Size and Forecast (2020-2031)
  • 9.3.5 South Korea Market Size and Forecast (2020-2031)
  • 9.3.6 India Market Size and Forecast (2020-2031)
  • 9.3.7 Southeast Asia Market Size and Forecast (2020-2031)
  • 9.3.8 Australia Market Size and Forecast (2020-2031)

10 South America

• 10.1 South America Thermostat Sales Quantity by Type (2020-2031)
• 10.2 South America Thermostat Sales Quantity by Application (2020-2031)
• 10.3 South America Thermostat Market Size by Country
  • 10.3.1 South America Thermostat Sales Quantity by Country (2020-2031)
  • 10.3.2 South America Thermostat Consumption Value by Country (2020-2031)
  • 10.3.3 Brazil Market Size and Forecast (2020-2031)
  • 10.3.4 Argentina Market Size and Forecast (2020-2031)

11 Middle East & Africa

• 11.1 Middle East & Africa Thermostat Sales Quantity by Type (2020-2031)
• 11.2 Middle East & Africa Thermostat Sales Quantity by Application (2020-2031)
• 11.3 Middle East & Africa Thermostat Market Size by Country
  • 11.3.1 Middle East & Africa Thermostat Sales Quantity by Country (2020-2031)
  • 11.3.2 Middle East & Africa Thermostat Consumption Value by Country (2020-2031)
  • 11.3.3 Turkey Market Size and Forecast (2020-2031)
  • 11.3.4 Egypt Market Size and Forecast (2020-2031)
  • 11.3.5 Saudi Arabia Market Size and Forecast (2020-2031)
  • 11.3.6 South Africa Market Size and Forecast (2020-2031)

12 Market Dynamics

• 12.1 Thermostat Market Drivers
• 12.2 Thermostat Market Restraints
• 12.3 Thermostat Trends Analysis
• 12.4 Porters Five Forces Analysis
  • 12.4.1 Threat of New Entrants
  • 12.4.2 Bargaining Power of Suppliers
  • 12.4.3 Bargaining Power of Buyers
  • 12.4.4 Threat of Substitutes
  • 12.4.5 Competitive Rivalry

13 Raw Material and Industry Chain

• 13.1 Raw Material of Thermostat and Key Manufacturers
• 13.2 Manufacturing Costs Percentage of Thermostat
• 13.3 Thermostat Production Process
• 13.4 Industry Value Chain Analysis

14 Shipments by Distribution Channel

• 14.1 Sales Channel
  • 14.1.1 Direct to End-User
  • 14.1.2 Distributors
• 14.2 Thermostat Typical Distributors
• 14.3 Thermostat Typical Customers

15 Research Findings and Conclusion

16 Appendix

• 16.1 Methodology
• 16.2 Research Process and Data Source

According to our (Global Info Research) latest study, the global Thermostat market size was valued at US$ 3021 million in 2024 and is forecast to a readjusted size of USD 5940 million by 2031 with a CAGR of 10.3% during review period.
A thermostat is a component which senses the temperature of a physical system and performs actions so that the system"s temperature is maintained near a desired setpoint. Thermostats are used in any device or system that heats or cools to a setpoint temperature, examples include building heating, central heating, air conditioners, HVAC systems, water heaters, as well as kitchen equipment including ovens and refrigerators and medical and scientific incubators.
North America is the largest Thermostat Trainers market with about 47% market share. Europe is follower, accounting for about 28% market share.
The key players are Google Nest, Honeywell, EcoBee, Schneider Electric, Emerson, Carrier, Energate Inc., Tado GmbH, Control4, Netatmo, Hive Home, Trane, Johnston Controls, DANFOSS, Siemens, Saswell, Computime, Shenzhen Topband, HaiLin Energy Technology etc. Top 5 companies occupied about 57% market share.
This report is a detailed and comprehensive analysis for global Thermostat market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Thermostat market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Thermostat market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Thermostat market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Thermostat market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Thermostat
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Thermostat market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Google Nest, Honeywell, EcoBee, Schneider Electric, Emerson, Carrier, Energate Inc., Tado GmbH, Control4, Netatmo, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Thermostat market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Non-Programmable Type
Programmable Type
Smart Type
WiFi Type
Market segment by Application
Business
Industrial
Residential
Major players covered
Google Nest
Honeywell
EcoBee
Schneider Electric
Emerson
Carrier
Energate Inc.
Tado GmbH
Control4
Netatmo
Hive Home
Trane
Johnston Controls
DANFOSS
Siemens
Saswell
Computime
Shenzhen Topband
HaiLin Energy Technology
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Thermostat product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Thermostat, with price, sales quantity, revenue, and global market share of Thermostat from 2020 to 2025.
Chapter 3, the Thermostat competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Thermostat breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Thermostat market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Thermostat.
Chapter 14 and 15, to describe Thermostat sales channel, distributors, customers, research findings and conclusion.