Thermostat Market Research Reports, Analysis & Trends
Arguably, it is the lack of utility involvement that makes the potential for smart thermostat growth impressive. At the same time, the convergence of mobile phones and thermostats is making these products much more attractive for customers. After a major hiccup during the economic downturn, the Thermostat Manufacturing industry returned to strong growth in 2010 and has been on the rise ever since. The industry is poised for stronger growth over the next five years, thanks to a strengthening construction sector, which will boost demand for energy-efficient thermostats for new homes and commercial buildings.