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Global ZigBee-enabled Smart Thermostat Market 2016-2020

  • March 2016
  • -
  • Infiniti Research Limited
  • -
  • 56 pages

About ZigBee-enabled Smart Thermostat

Smart thermostats are used to adjust indoor ambient temperatures and humidity levels. It is an enhanced version of conventional thermostats: smart thermostats combine software, sensors, online connectivity, algorithms, and consumer-friendly interfaces to save on energy and promote electricity conservation. Several wireless technologies such as ZigBee and Wi-Fi are used to connect smart thermostats with mobile computing devices such as smartphones and tablets. Wireless technologies enable consumers to control and manage their smart thermostats from anywhere in the home.
The ZigBee standard is a wireless technology that enables device-to-device communication in any market. ZigBee operates on Institute of Electrical and Electronics Engineers (IEEE) 802.15.4 physical radio specification in unauthorized bands that include 2.4 GHz, 900 MHz, and 868 MHz. ZigBee is an open global standard with added benefits such as low-cost and low-power wireless machine-to-machine (M2M) networks.

Technavio’s analysts forecast the global ZigBee-enabled smart thermostat market to grow at a CAGR of 67.45% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global ZigBee-enabled smart thermostat market during 2016-2020. It includes a brief description of various ZigBee standards and an overview of other wireless industry standards. The report provides a detailed comparison of various competing wireless technologies.

The market is divided into the following segments based on geography:
- Americas

Technavio's report, Global ZigBee-enabled Smart Thermostat Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Carrier
- Centralite Systems
- Control4
- ecobee
- Energate
- Fidure
- Honeywell
- Leviton

Market driver
- Rise in ZigBee Alliance membership
- For a full, detailed list, view our report

Market challenge
- Threat from competing technologies
- For a full, detailed list, view our report

Market trend
- Increased popularity of smart homes
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.

Table Of Contents

Global ZigBee-enabled Smart Thermostat Market 2016-2020
PART 01: Executive summary
- Highlights
PART 02: Scope of the report
- Base year
- Market coverage
- Market size calculation
- Geographical segmentation
- Vendor segmentation
PART 03: Market research methodology
- Research methodology
- Economic indicators
PART 04: Introduction
- Key market highlights
- Attributes of ZigBee mesh
- Potential benefits of ZigBee
- ZigBee applications
PART 05: Overview of ZigBee standard
- ZigBee
- ZigBee RF4CE
- ZigBee PRO
- ZigBee IP
- ZigBee remote control 2.0
- ZigBee 3.0
PART 06: Overview of wireless industry alliance
- Consortium for Smart Energy Profile 2 Interoperability
- HomePlug Powerline Alliance
- Wi-Fi Alliance
- ZigBee Alliance
- Z-Wave Alliance
PART 07: Market landscape
- Market overview
- Market size and forecast
- Market analysis
- Five forces analysis
PART 08: Geographical segmentation
- Americas
PART 09: Market drivers
- Rise in ZigBee Alliance membership
- Emergence of various ZigBee standards to support IoT devices
- Need for low-energy wireless technology
- Increase in demand for energy-efficient HVAC equipment
- Rise in power prices
PART 10: Impact of drivers
PART 11: Market challenges
- Threat from competing technologies
- High initial cost of smart thermostats
- Cluttered ZigBee profiles
- Lack of support from government authorities
- Lack of awareness regarding ZigBee technology
- Limited throughput
- Multicasting
PART 12: Impact of drivers and challenges
PART 13: Market trends
- Increase in inclination for smart homes
- Rise in diversity of IoT standards
- Promotion of smart thermostats by government authorities
- Emergence of DIY systems
PART 14: Vendor landscape
- Competitive scenario
PART 15: Appendix
- List of abbreviations
PART 16: Explore Technavio

List of Exhibits
Exhibit 01: Major vendors
Exhibit 02: ZigBee communication process
Exhibit 03: ZigBee protocol stack
Exhibit 04: ZigBee mesh network
Exhibit 05: Attributes of ZigBee mesh
Exhibit 06: Applications of ZigBee
Exhibit 07: Comparison of preferred wireless technologies among IoT solution providers
Exhibit 08: Global ZigBee-enabled smart thermostat market (millions of units)
Exhibit 09: Global smart thermostat market ($ millions)
Exhibit 10: Bandwidth comparison of 1G to 5G technologies
Exhibit 11: Five forces analysis
Exhibit 12: Global ZigBee-enabled smart thermostat market by geography
Exhibit 13: Electricity tariffs in selected countries 2015 (KW/hr)
Exhibit 14: Impact of drivers
Exhibit 15: Impact of drivers and challenges
Exhibit 16: Number of smart homes worldwide 2015-2020 (millions of units)
Exhibit 17: Smart homes penetration rate 2015-2020 (% share)
Exhibit 18: Competitive scenario for global ZigBee-enabled smart thermostat market

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