Smart Thermostat Market Assessment 2025

Smart thermostats are becoming a common feature in consumers’ homes, offering convenient climate control, and acting as a critical energy management tool. Their ability to offer utilities flexible load control through demand response programs make them highly significant in the next era utility and energy services. They are also a core component of the smart home and have the potential to act as a whole home hub as they incorporate more communication technologies and become more integrated with other devices and platforms.

This market assessment analyzes industry market trends, a five-year forecast of unit sales and revenues in the US, and the competitive landscape including brands, portfolios, features, and pricing. It also provides consumer data on US consumers’ engagement with smart thermostats, focusing on consumer familiarity, purchase motivations, the buyer journey, including purchase and install channels, average sales price, product returns, and barriers to purchase, user experience with leading brands’ thermostats, controls/interface preferences, and appeal of next generation features.

Key questions addressed:

What are the leading brands and key competitors in the smart thermostat market?
What are the current market trends and barriers to growth?
How is the market projected to grow through 2030?
How familiar are consumers with smart thermostats and their value?
What are the main purchase channels and methods for smart thermostats?
What features do consumers find most appealing?
What benefits do consumers expect regarding energy savings?
How do premium thermostats compare with basic and mid-tier options?
Are consumers interested in using their smart thermostat as a whole-home hub?

Purchase

ecobee
Meross
Carrier
Alarm.com
Copeland Home
2GiG
Alarm.com
Amazon
American Standard
Apollo
Aprilaire
Aqara
Avatto
Black+Decker
Bosch
Braeburn
Cielo
Clare Controls
Crestron
Control4
Cync (C by GE)
Fibaro
Flair
GLAS
Gocontrol/2GiG
Gosund
Hive
Honeywell
iDevices
Johnson Controls
King Electric
Lennox
Levoit
Lux
Meross
MincoHome
MOES
Mysa
Nest
Netatmo
Qubino
Rheem
Savant
Schluter
Schneider Electric
Sensi
Sinope
Smarttemp
Suntouch
Tado
Telkonet
Trane
Tuya
Vine
Vivint
Warmup
Wyze
Zen
Zenith Smart Technology
Google Nest
Honeywell Home
Lennox
Trane
Tuya
Universal Electronics
Venstar

Purchase

Smart Home: Products And Services

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