Smart Thermostat Market - Top Companies and Manufacturers

Companies Dominating the Smart Thermostat Landscape

Google Nest (Google LLC)
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis

Ecobee, Inc.
Honeywell International Inc.
Emerson Electric Co.
Tado GmbH
Ingersoll Rand
Nortek (NTK Holdings, Inc.)
Schneider Electric SE
Carrier Global Corporation
Control4 Corporation (Snap One, LLC)

Browse Key Market Insights with Data Illustration:

Smart Thermostat Market Size & Share, Growth Analysis 2037

In the News

Google Nest, a subsidiary of Google LLC is now adding new features to Nest Thermostat. The new Matter support will enable the owners to adjust temperatures and control the basic features of their thermostats across Matter-compatible smart home platforms.
Ecobee, Inc. has announced its partnership with select utility companies across the United States to distribute free and discounted Ecobee3 lite, an advanced residential thermostat, that will help the residents stay cool, save energy, and lower energy bills.

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of smart thermostat is evaluated at USD 5.04 billion.

The smart thermostat market size was valued at USD 4.33 billion in 2024 and is likely to exceed USD 49.12 billion by the end of 2037, registering over 20.3% CAGR during the forecast period i.e., between 2025-2037. Increasing demand for advanced home appliances for automatic cooling and heating of devices and rooms along with the rising living standard will impel the market growth.

Asia Pacific industry is poised to hold 35% of the revenue share by 2037, owing to burgeoning population demanding efficient and eco-friendly climate control solutions in the region.

The major players in the market include Google Nest (Google LLC), Ecobee, Inc., Honeywell International Inc., Emerson Electric Co., Tado GmbH, Ingersoll Rand, Nortek (NTK Holdings, Inc.), Schneider Electric SE, Carrier Global Corporation, Control4 Corporation (Snap One, LLC).

Smart Thermostat Market - Top Companies and Manufacturers

Companies Dominating the Smart Thermostat Landscape

Browse Key Market Insights with Data Illustration:

In the News

Frequently Asked Questions (FAQ)

How big is the smart thermostat market?

What are the factors driving the smart thermostat landscape?

Which region held the largest smart thermostat industry share?

Who are the key players in the smart thermostat sector?