Japan Smart Thermostat Market Size & Outlook, 2024-2030
Japan smart thermostat market, 2018-2030 (US$M)
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Japan smart thermostat market highlights
- The Japan smart thermostat market generated a revenue of USD 81.7 million in 2024 and is expected to reach USD 222.8 million by 2030.
- The Japan market is expected to grow at a CAGR of 18.9% 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 81.7 million |
| Market revenue in 2030 | USD 222.8 million |
| Growth rate | 18.9% (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, Japan accounted for 1.6% 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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Japan 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 73.93% in 2024. Horizon Databook has segmented the Japan smart thermostat market based on wi-fi, zigbee, lorawan covering the revenue growth of each sub-segment from 2018 to 2030.
The smart thermostat market in Japan is driven by a combination of factors, including rising home improvement projects, growing adoption of smart homes, rapid developments in IT and wireless communication, and growing advancements in technologies such as artificial intelligence (AI), and the Internet of Things (IoT).
The Japanese government has been promoting energy efficiency and sustainable practices through different incentives and policies that encourage the adoption of energy-saving technologies such as smart thermostats.
In the country, the Super City Law aims to improve the collaboration between the public and private sectors for the digital transformation of cities. Different innovative digital initiatives are being organized around a vision known as Society 5.0, which encourages to adopt digital technologies rapidly, thereby improving the demand for smart thermostats.
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Our clientele includes a mix of smart thermostat market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Japan smart thermostat market , including forecasts for subscribers. This country databook contains high-level insights into Japan smart thermostat market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan smart thermostat market size, by technology, 2018-2030 (US$M)
Japan Smart Thermostat Market Outlook Share, 2024 & 2030 (US$M)
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