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Market Research Report 2021-2028 Market Research Inc added an innovative statistical data of Smart Thermostat market. To discover the different aspects of the business, this report uses exploratory techniques, such as primary and secondary research. It provides a valuable source of data, which helps to take complicated decisions in business. Globally, this market focuses on some particular strategies to progress the growth of these industries. To understand the existing structure and scenario of various companies, major key strategies are examined in this report. Different regions are examined to give a clear idea of various terms, such as current trends, size, and shares along with the productivity of industries. ....
tmrFebruary 8, 2021 13 A smart thermostat is a device used in heating, ventilation, and air-conditioning (HVAC) equipment to control the temperature of a space or room wherein these equipment are installed. A smart thermostat has the ability to make automated and smart adjustments for customers so as to achieve energy savings and to communicate with sources external to an HVAC system. Thus, the demand for smart thermostats is rising at a rapid pace. Moreover, a smart thermostat is a major energy-saving device for smart homes/buildings. Smart thermostats are largely used in residential buildings. Improvements in residential and commercial buildings have also driven the RFID industry. The global smart thermostat market is estimated to reach value of US$ 8,729.2 Mn by 2026 from US$ 1,157.6 Mn in 2017, expanding at a CAGR of 23.7% during the forecast period. ....