The global room thermostat with digital display market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 1.2 billion by 2030. The growth of this market can be attributed to the increasing demand for energy-efficient and cost-effective solutions in residential and commercial buildings, which are driving the adoption of room thermostats with digital displays.
- The global Room Thermostat with Digital Display market is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2023, from xx million US$ in 2017.
- One of the key factors driving this market is the increasing demand for energy-efficient products and solutions.
- One of the key factors hindering this market is high initial cost for installation and maintenance costs associated with Room Thermostats with Digital Display systems.
- Geographically, North America was one of the largest markets for Room Thermostats with Digital Display systems due to its high adoption rates and favorable government policies on energy efficiency standards and regulations on power consumption limits for appliances such as air conditioners, refrigerators, dishwashers etc, which are major contributors to electricity consumption in households across North America region Europe was another major contributor to global demand due to its stringent regulations on power consumption limits for appliances such as air conditioners, refrigerators etc, which are major contributors to electricity consumption in households across Europe region.
Industry Growth Insights published a new data on “Room Thermostat with Digital Display Market”. The research report is titled “Room Thermostat with Digital Display Market research by Types (Millivolt Thermostats, 24 Volt Thermostats, Line Voltage Thermostats), By Applications (Household, Commercial), By Players/Companies Honeywell, Siemens, Johnson Controls, Schneider-electri, Danfoss, NEST, Carrier, VENSTAR, EMERSON, Trane, KMC, Saswell, ASIC, ABB, Viconics, Hailin, YiKeCHENG, TELIN”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Room Thermostat with Digital Display Market Research Report
By Type
Millivolt Thermostats, 24 Volt Thermostats, Line Voltage Thermostats
By Application
Household, Commercial
By Companies
Honeywell, Siemens, Johnson Controls, Schneider-electri, Danfoss, NEST, Carrier, VENSTAR, EMERSON, Trane, KMC, Saswell, ASIC, ABB, Viconics, Hailin, YiKeCHENG, TELIN
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Room Thermostat with Digital Display Market Report Segments:
The global Room Thermostat with Digital Display market is segmented on the basis of:
Types
Millivolt Thermostats, 24 Volt Thermostats, Line Voltage Thermostats
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Household, Commercial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Honeywell
- Siemens
- Johnson Controls
- Schneider-electri
- Danfoss
- NEST
- Carrier
- VENSTAR
- EMERSON
- Trane
- KMC
- Saswell
- ASIC
- ABB
- Viconics
- Hailin
- YiKeCHENG
- TELIN
Highlights of The Room Thermostat with Digital Display Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Millivolt Thermostats
- 24 Volt Thermostats
- Line Voltage Thermostats
- By Application:
- Household
- Commercial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Room Thermostat with Digital Display Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
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- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A room thermostat with a digital display is a type of thermostat that allows you to monitor the temperature in your room remotely. This type of thermostat typically has an LCD screen that displays the current temperature, as well as information about how long it will take for the temperature to reach your desired level.
Some of the major players in the room thermostat with digital display market are Honeywell, Siemens, Johnson Controls, Schneider-electri, Danfoss, NEST, Carrier, VENSTAR, EMERSON, Trane, KMC, Saswell, ASIC, ABB, Viconics, Hailin, YiKeCHENG, TELIN.
The room thermostat with digital display market is expected to register a CAGR of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Room Thermostat with Digital Display Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Room Thermostat with Digital Display Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Room Thermostat with Digital Display Market - Supply Chain
4.5. Global Room Thermostat with Digital Display Market Forecast
4.5.1. Room Thermostat with Digital Display Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Room Thermostat with Digital Display Market Size (000 Units) and Y-o-Y Growth
4.5.3. Room Thermostat with Digital Display Market Absolute $ Opportunity
5. Global Room Thermostat with Digital Display Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Room Thermostat with Digital Display Market Size and Volume Forecast by Type
5.3.1. Millivolt Thermostats
5.3.2. 24 Volt Thermostats
5.3.3. Line Voltage Thermostats
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Room Thermostat with Digital Display Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Room Thermostat with Digital Display Market Size and Volume Forecast by Application
6.3.1. Household
6.3.2. Commercial
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Room Thermostat with Digital Display Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Room Thermostat with Digital Display Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Room Thermostat with Digital Display Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Room Thermostat with Digital Display Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Room Thermostat with Digital Display Demand Share Forecast, 2019-2026
9. North America Room Thermostat with Digital Display Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Room Thermostat with Digital Display Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Room Thermostat with Digital Display Market Size and Volume Forecast by Application
9.4.1. Household
9.4.2. Commercial
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Room Thermostat with Digital Display Market Size and Volume Forecast by Type
9.7.1. Millivolt Thermostats
9.7.2. 24 Volt Thermostats
9.7.3. Line Voltage Thermostats
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Room Thermostat with Digital Display Demand Share Forecast, 2019-2026
10. Latin America Room Thermostat with Digital Display Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Room Thermostat with Digital Display Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Room Thermostat with Digital Display Market Size and Volume Forecast by Application
10.4.1. Household
10.4.2. Commercial
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Room Thermostat with Digital Display Market Size and Volume Forecast by Type
10.7.1. Millivolt Thermostats
10.7.2. 24 Volt Thermostats
10.7.3. Line Voltage Thermostats
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Room Thermostat with Digital Display Demand Share Forecast, 2019-2026
11. Europe Room Thermostat with Digital Display Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Room Thermostat with Digital Display Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Room Thermostat with Digital Display Market Size and Volume Forecast by Application
11.4.1. Household
11.4.2. Commercial
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Room Thermostat with Digital Display Market Size and Volume Forecast by Type
11.7.1. Millivolt Thermstats
11.7.2. 24 Volt Thermostats
11.7.3. Line Voltage Thermostats
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Room Thermostat with Digital Display Demand Share, 2019-2026
12. Asia Pacific Room Thermostat with Digital Display Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Room Thermostat with Digital Display Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Room Thermostat with Digital Display Market Size and Volume Forecast by Application
12.4.1. Household
12.4.2. Commercial
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Room Thermostat with Digital Display Market Size and Volume Forecast by Type
12.7.1. Millivolt Thermostats
12.7.2. 24 Volt Thermostats
12.7.3. Line Voltage Thermostats
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Room Thermostat with Digital Display Demand Share, 2019-2026
13. Middle East & Africa Room Thermostat with Digital Display Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Room Thermostat with Digital Display Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Room Thermostat with Digital Display Market Size and Volume Forecast by Application
13.4.1. Household
13.4.2. Commercial
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Room Thermostat with Digital Display Market Size and Volume Forecast by Type
13.7.1. Millivolt Thermostats
13.7.2. 24 Volt Thermostats
13.7.3. Line Voltage Thermostats
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Room Thermostat with Digital Display Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Room Thermostat with Digital Display Market: Market Share Analysis
14.2. Room Thermostat with Digital Display Distributors and Customers
14.3. Room Thermostat with Digital Display Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Honeywell
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Siemens
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Johnson Controls
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Schneider-electri
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Danfoss
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. NEST
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Carrier
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. VENSTAR
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. EMERSON
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Trane
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. KMC
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Saswell
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. ASIC
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. ABB
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Viconics
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Hailin
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. YiKeCHENG
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. TELIN
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
