6The global Smart AC controller market accounted for USD 582.4 Million in 2017. The market is expected to reach to a valuation of USD 1,106.7 Million by the end of 2023. It is anticipated to flourish at a CAGR of 10.1% during forecast period i.e. 2018-2023. Factors such as rising disposable income & growing acceptance of connected products among consumers are expected to foster the growth of Smart AC controller market. Benefits and advantages offered by Smart AC controllers such as remote monitoring, reduced energy costs & others are believed to remain key contributors to growth of Smart AC controller market. Moreover, an uptrend in internet usage trend is driving market opportunities. Connectivity is done through Bluetooth, IR, Others.
The research offers a comprehensive analysis of smart AC controller market with respect to following sub-markets:
By Usage: Split AC, Mobile ACs, Window AC, Central AC, Portable AC
By Distribution Channel: Online Store, Offline Store
By Price Range: High, Medium, Low
By Geography: North America (U.S. & Canada), Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe), Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific), Latin America (Brazil, Mexico, Argentina and Rest of Latin America), Middle East & Africa (GCC, North Africa, South Africa and Rest of Middle East & Africa)
The report profiles various major market players such as Tado, Sensibo, LG Electronics Inc., Honeywell Inc., Airpatrol, Cielo, Thinkeco Inc., Nest, Ecobee, Ambi Climate, Other Major & Niche Players
Research Scope and Deliverables: Overview & Executive Summary, Market Drivers, Trends, Challenges and Opportunities, Market Size and Forecast Projections, Macroeconomic Indicators of Various Countries Impacting the Growth of the Market, Extensive Coverage of Industry Players including Recent Product Launches and Market Activities, Porter’s Five Force Analysis, Market Segmentation Analysis:
Geographic Market Analysis: The report offers separate analysis of North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. In addition, the further breakdown of market data and analysis of region into countries is covered in the report.