Australia Smart Thermostat Market Size & Outlook
Australia smart thermostat market, 2018-2030 (US$M)
Related Markets
Australia smart thermostat market highlights
- The Australia smart thermostat market generated a revenue of USD 35.9 million in 2024 and is expected to reach USD 111.4 million by 2030.
- The Australia market is expected to grow at a CAGR of 21.5% 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 35.9 million |
| Market revenue in 2030 | USD 111.4 million |
| Growth rate | 21.5% (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, Australia accounted for 0.7% 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.
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Smart Thermostat Market Scope
Smart Thermostat Market Companies
| Name | Profile | # Employees | HQ | Website |
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Australia 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 will help companies and investors design strategic landscapes.
Wi-fi was the largest segment with a revenue share of 76.04% in 2024. Horizon Databook has segmented the Australia smart thermostat market based on wi-fi, zigbee, lorawan covering the revenue growth of each sub-segment from 2018 to 2030.
Smart thermostats are becoming more popular in Australia as consumers seek to reduce energy costs, improve home automation, and make their homes more convenient. The country has made notable growth in developing smart cities through various projects implemented across the country.
Major cities such as Melbourne, Sydney, and Brisbane are at the forefront, leveraging advanced technologies to improve urban living, which encourages the adoption of smart thermostats. With a tech-savvy population and an increasing emphasis on innovation, Australians are adopting smart home technologies to enhance their daily lives and improve home automation.
The notable convenience provided by IoT-enabled devices, such as smart thermostats, aligns well with the fast-paced, contemporary lifestyle of the country. Such growing popularity for smart thermostats among consumers is expected to support the growth of the market.
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Our clientele includes a mix of smart thermostat market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia smart thermostat market , including forecasts for subscribers. This country databook contains high-level insights into Australia smart thermostat market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia smart thermostat market size, by technology, 2018-2030 (US$M)
Australia Smart Thermostat Market Outlook Share, 2024 & 2030 (US$M)
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