Articles

Global Smart Thermostat Market Overview 2018, Share, Trends and Forecast to 2023

by IMARC Group Market Research Reports
The global smart thermostat market has witnessed a robust growth over the past few years. This can be attributed to the increasing adoption of connected devices along with the various advantages offered by smart thermostats.
Want more information about this market? Request a free report sample: http://bit.ly/2PuRfzU
The latest report by IMARC Group, titled “Smart Thermostat Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, finds that the global smart thermostat market reached a value of US$ 1.1 Billion in 2017. Smart thermostats allow users to control the heating and air conditioning of their homes or offices via the internet. These devices collect data related to the behavior and specific needs of the user and adjust themselves accordingly. Smart thermostats can also be used with home automation systems to offer customized settings which minimize energy use while maximizing comfort. Some of the other advantages offered by smart thermostats include recording the runtime of HVAC systems, monitoring internal/external temperatures as well as improving indoor air quality. Owing to the convenience provided by smart thermostats, the demand for these devices is being accelerated worldwide.
Global Smart Thermostat Market Trends:
Smart thermostats are highly efficient and help homeowners in reducing the overall electricity consumption and related operating costs. Moreover, they enable the users to monitor energy utilization as well as adjust temperatures from remote locations.
Browse Full Report with Table of Content & List of Figure: http://bit.ly/2MzA4IG

Sponsor Ads


About IMARC Group Advanced   Market Research Reports

53 connections, 0 recommendations, 258 honor points.
Joined APSense since, February 20th, 2018, From Brooklyn, United States.

Created on Oct 30th 2018 05:04. Viewed 179 times.

Comments

No comment, be the first to comment.
Please sign in before you comment.