Canada Connected Thermostats Market Size & Outlook
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Canada connected thermostats market highlights
- The Canada connected thermostats market generated a revenue of USD 124.3 million in 2024 and is expected to reach USD 446.3 million by 2033.
- The Canada market is expected to grow at a CAGR of 15.4% from 2025 to 2033.
- In terms of segment, bluetooth thermostats was the largest revenue generating connectivity technology in 2024.
- Bluetooth Thermostats is the most lucrative connectivity technology segment registering the fastest growth during the forecast period.
Connected thermostats market data book summary
| Market revenue in 2024 | USD 124.3 million |
| Market revenue in 2033 | USD 446.3 million |
| Growth rate | 15.4% (CAGR from 2025 to 2033) |
| Largest segment | Bluetooth thermostats |
| Fastest growing segment | Bluetooth Thermostats |
| Historical data | 2021 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Wi-Fi Enabled, Bluetooth Thermostats |
Other key industry trends
- In terms of revenue, Canada accounted for 5.4% of the global connected thermostats market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
- In North America, U.S. connected thermostats market is projected to lead the regional market in terms of revenue in 2033.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 164.5 million by 2033.
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Connected Thermostats Market Scope
Connected Thermostats Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| ecobee | View profile | 501-1000 | Toronto, Ontario, Canada, North America | https://www.ecobee.com |
| Copeland | View profile | 10001+ | St Louis, Missouri, United States, North America | https://www.copeland.com |
| Robert Bosch GmbH | View profile | - | - | - |
| Honeywell International Inc. | View profile | - | - | - |
| Hive | View profile | 251-500 | San Francisco, California, United States, North America | https://thehive.ai/ |
| Trane Technologies PLC Class A | View profile | 40000 | 170/175 Lakeview Drive, Airside Business Park, Swords County, Dublin, Ireland | https://www.tranetechnologies.com |
| Carrier Global Corp Ordinary Shares | View profile | 53000 | 13995 Pasteur Boulevard, Palm Beach Gardens, FL, United States, 33418 | https://www.corporate.carrier.com |
Canada connected thermostats market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to connected thermostats market will help companies and investors design strategic landscapes.
Bluetooth thermostats was the largest segment with a revenue share of 68.22% in 2024. Horizon Databook has segmented the Canada connected thermostats market based on wi-fi enabled, bluetooth thermostats covering the revenue growth of each sub-segment from 2021 to 2033.
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Our clientele includes a mix of connected thermostats market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada connected thermostats market , including forecasts for subscribers. This country databook contains high-level insights into Canada connected thermostats market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Partial client list
Canada connected thermostats market size, by connectivity technology, 2021-2033 (US$M)
Canada Connected Thermostats Market Outlook Share, 2024 & 2033 (US$M)
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