Australia Thermostat Market Size & Outlook, 2025-2030

The thermostat market in Australia is expected to reach a projected revenue of US$ 131.8 million by 2030. A compound annual growth rate of 18.1% is expected of Australia thermostat market from 2025 to 2030.
Revenue, 2024 (US$M)
$50.5
Forecast, 2030 (US$M)
$131.8
CAGR, 2025 - 2030
18.1%
Report Coverage
Australia

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Australia thermostat market, 2018-2030 (US$M)

Australia thermostat market, 2018-2030 (US$M)

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Australia thermostat market highlights

  • The Australia thermostat market generated a revenue of USD 50.5 million in 2024 and is expected to reach USD 131.8 million by 2030.
  • The Australia market is expected to grow at a CAGR of 18.1% from 2025 to 2030.
  • In terms of segment, smart thermostat was the largest revenue generating product in 2024.
  • Smart Thermostat is the most lucrative product segment registering the fastest growth during the forecast period.


Thermostat market data book summary

Market revenue in 2024USD 50.5 million
Market revenue in 2030USD 131.8 million
Growth rate18.1% (CAGR from 2025 to 2030)
Largest segmentSmart thermostat
Fastest growing segmentSmart Thermostat
Historical data2018 - 2023
Base year2024
Forecast period2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSmart Thermostat, Mechanical Thermostat, Programmable Thermostat


Other key industry trends

  • In terms of revenue, Australia accounted for 0.8% of the global 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 thermostat market is projected to lead the regional market in terms of revenue in 2030.
  • China is the fastest growing regional market in Asia Pacific and is projected to reach USD 2,737.6 million by 2030.

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Thermostat Market Companies

Name Profile # Employees HQ Website
Hive Home View profile 251-500 London, England, United Kingdom, Europe https://www.hivehome.com
Bosch Thermotechnology View profile 251-500 Wetzlar, Hessen, Germany, Europe http://www.bosch-thermotechnology.com
Tado View profile 11-50 Permata, Jakarta Raya, Indonesia, Asia https://www.tadotv.com/
ecobee View profile 501-1000 Toronto, Ontario, Canada, North America https://www.ecobee.com
Control4 View profile 501-1000 Salt Lake City, Utah, United States, North America http://control4.com
Resideo Technologies Inc View profile 14000 16100 North 71st Street, Suite 550, Scottsdale, AZ, United States, 85254 https://www.resideo.com
Vivint View profile 10001+ Provo, Utah, United States, North America http://www.vivint.com
Trane Technologies PLC Class A View profile 40000 170/175 Lakeview Drive, Airside Business Park, Swords County, Dublin, Ireland https://www.tranetechnologies.com
Legrand SA View profile 33910 128, Avenue de Lattre de Tassigny, Cedex, Limoges, France, 87045 https://www.legrand.com
Carrier Global Corp Ordinary Shares View profile 53000 13995 Pasteur Boulevard, Palm Beach Gardens, FL, United States, 33418 https://www.corporate.carrier.com
Emerson Electric Co View profile 67000 8000 West Florissant Avenue, P.O. Box 4100, St. Louis, MO, United States, 63136 https://www.emerson.com
Honeywell International Inc View profile 95000 855 South Mint Street, Charlotte, NC, United States, 28202 https://www.honeywell.com
Siemens AG View profile 321000 Werner-von-Siemens-Strabe 1, Munich, BY, Germany, 80333 https://www.siemens.com
Alphabet Inc Class A View profile 180895 1600 Amphitheatre Parkway, Mountain View, CA, United States, 94043 https://www.abc.xyz
Johnson Controls International PLC View profile 102000 One Albert Quay, Cork, Ireland, T12 X8N6 https://www.johnsoncontrols.com

Australia 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 thermostat market will help companies and investors design strategic landscapes.


Smart thermostat was the largest segment with a revenue share of 65.54% in 2024. Horizon Databook has segmented the Australia thermostat market based on smart thermostat, mechanical thermostat, programmable thermostat covering the revenue growth of each sub-segment from 2018 to 2030.


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Target buyers of Australia thermostat market databook

  • Our clientele includes a mix of thermostat market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of country-level data and insights on the Australia thermostat market , including forecasts for subscribers. This country databook contains high-level insights into Australia thermostat market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Australia thermostat market size, by product, 2018-2030 (US$M)

Australia Thermostat Market Outlook Share, 2024 & 2030 (US$M)

Australia thermostat market size, by product, 2018-2030 (US$M)

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