North America Connected Thermostats Market Size & Outlook
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North America connected thermostats market highlights
- The North America connected thermostats market generated a revenue of USD 813.2 million in 2024.
- The market is expected to grow at a CAGR of 14.6% 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.
- Country-wise, Mexico is expected to register the highest CAGR from 2025 to 2033.
North America data book summary
| Market revenue in 2024 | USD 813.2 million |
| Market revenue in 2033 | USD 2,797.2 million |
| Growth rate | 14.6% (CAGR from 2025 to 2033) |
| Largest segment | Bluetooth thermostats |
| Fastest growing segment | Bluetooth Thermostats |
| Historical data covered | 2021 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Wi-Fi Enabled, Bluetooth Thermostats |
Other key industry trends
- In terms of revenue, North America region accounted for 35.2% of the global connected thermostats market in 2024.
- Globally, North America is projected to lead the regional market in terms of revenue in 2033.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 2,567.8 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 |
North America 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 68.45% in 2024. Horizon Databook has segmented the North America 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 continent-level data and insights on the North America connected thermostats market , including forecasts for subscribers. This continent databook contains high-level insights into North America connected thermostats market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
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North America connected thermostats market size, by country, 2021-2033 (US$M)
North America Connected Thermostats Market Outlook Share, 2024 & 2033 (US$M)
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