China Smart Thermostat Market Size & Outlook, 2025-2030
- Enterprise Technology & Automation
- Cybersecurity & Digital Risk
- Smart Thermostat Market Outlook
- Cybersecurity & Digital Risk
Global Market
Related Markets
Ask a question about the smart thermostat market
China smart thermostat market highlights
- The China smart thermostat market generated a revenue of USD 168.9 million in 2024 and is expected to reach USD 494.1 million by 2030.
- The China market is expected to grow at a CAGR of 20.3% from 2025 to 2030.
- In terms of segment, wi-fi was the largest revenue generating technology in 2024.
- LoRaWAN is the most lucrative technology segment registering the fastest growth during the forecast period.
Smart thermostat market data book summary
| Market revenue in 2024 | USD 168.9 million |
| Market revenue in 2030 | USD 494.1 million |
| Growth rate | 20.3% (CAGR from 2025 to 2030) |
| Largest segment | Wi-fi |
| Fastest growing segment | LoRaWAN |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Wi-Fi, Zigbee, LoRaWAN |
| Key market players worldwide | Centrica PLC, Snap One Holdings Corp, Generac Holdings Inc, Emerson Electric Co, Alphabet Inc Class A, Honeywell International Inc, Johnson Controls International PLC, Resideo Technologies Inc, Siemens AG |
Other key industry trends
- In terms of revenue, China accounted for 3.4% of the global smart thermostat market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China smart thermostat market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 179.2 million by 2030.
The smart thermostat market in China is growing rapidly owing to a surge in demand for the smart thermostat in the residential sector, growing focus by the government on smart city development, a surge in Internet of Things (IoT) devices, regulatory initiatives aimed at increasing energy efficiency in buildings, and rapid urbanization and industrialization.
The Chinese government is actively promoting sustainable development initiatives, including energy efficiency programs. This government support encourages the adoption of energy-saving technologies such as smart thermostats.
The expanding middle-class population in China seeks improved living standards, including advanced home automation systems. As urbanization progresses, people's incomes rise, making them more likely to invest in energy-efficient and convenient solutions such as smart thermostats.
No credit card required*
Publish Date: Dec 03, 2024
Customize the Report
20% free customization
- Include
- Countries, segments, points
- Tailor
- To your product definition
- Extend
- Deeper competitor detail
- Or
- A fully bespoke study
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Smart Thermostat Market Scope
Smart Thermostat Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Johnson Controls International PLC | View profile | 102,000 | One Albert Quay, Cork, Ireland, T12 X8N6 | www.johnsoncontrols.com |
| Alphabet Inc Class A | View profile | 180,895 | 1600 Amphitheatre Parkway, Mountain View, CA, United States, 94043 | www.abc.xyz |
| Siemens AG | View profile | 321,000 | Werner-von-Siemens-Strabe 1, Munich, BY, Germany, 80333 | www.siemens.com |
| Honeywell International Inc | View profile | 95,000 | 855 South Mint Street, Charlotte, NC, United States, 28202 | www.honeywell.com |
| Emerson Electric Co | View profile | 67,000 | 8000 West Florissant Avenue, P.O. Box 4100, St. Louis, MO, United States, 63136 | www.emerson.com |
| Centrica PLC | View profile | 21,014 | Maidenhead Road, Millstream, Windsor, Berkshire, United Kingdom, SL4 5GD | www.centrica.com |
| Generac Holdings Inc | View profile | 8,600 | S45 W29290 Highway 59, Waukesha, WI, United States, 53189 | www.generac.com |
| Snap One Holdings Corp | View profile | 1,610 | 1800 Continental Boulevard, Suite 200, Charlotte, NC, United States, 28273 | www.snapone.com |
| Resideo Technologies Inc | View profile | 14,000 | 16100 North 71st Street, Suite 550, Scottsdale, AZ, United States, 85254 | www.resideo.com |
China Smart Thermostat 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 Smart Thermostat Market Outlook will help companies and investors design strategic landscapes.
Wi-Fi was the largest segment with a revenue share of 78.8% in 2024.
Horizon Databook has segmented the China smart thermostat market based on wi-fi, zigbee, lorawan covering the revenue growth of each sub-segment from 2018 to 2030.
The smart thermostat market in China is growing rapidly owing to a surge in demand for the smart thermostat in the residential sector, growing focus by the government on smart city development, a surge in Internet of Things (IoT) devices, regulatory initiatives aimed at increasing energy efficiency in buildings, and rapid urbanization and industrialization.
The Chinese government is actively promoting sustainable development initiatives, including energy efficiency programs. This government support encourages the adoption of energy-saving technologies such as smart thermostats.
The expanding middle-class population in China seeks improved living standards, including advanced home automation systems. As urbanization progresses, people's incomes rise, making them more likely to invest in energy-efficient and convenient solutions such as smart thermostats.
- China Smart Thermostat Market Technology Outlook (Revenue, USD Million , 2018-2030)
- Wi-Fi
- Zigbee
- Others
- LoRaWAN
- China Smart Thermostat Market Product Outlook (Revenue, USD Million , 2018-2030)
- Connected
- Standalone
- Learning
- China Smart Thermostat Market End Use Outlook (Revenue, USD Million , 2018-2030)
- Residential
- Commercial
- Industrial
- China Smart Thermostat Market Installation Outlook (Revenue, USD Million , 2018-2030)
- New Installation
- Retrofit
Reasons to subscribe to Smart Thermostat Market Outlook databook
- Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
- Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
- Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
- Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
- Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Smart Thermostat Market Outlook databook
- Our clientele includes a mix of Smart Thermostat Market Outlook companies, investment firms, advisory firms & academic institutions.
- 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
- Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
- The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the China Smart Thermostat Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into China Smart Thermostat Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
China Smart Thermostat Market, 2018-2030 (US$M)
China smart thermostat market statistics, by technology, 2018-2030 (US$M)
