Smart AC & Heater Controls - EU-27
EU-27- Revenue in the Smart AC & Heater Controls market is projected to reach US$1.0bn in 2024.
- Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 10.44%, resulting in a projected market volume of US$1.7bn by 2029.
- In the Smart AC & Heater Controls market, the number of active households is expected to amount to 22.4m users by 2029.
- Household penetration will be 9.4% in 2024 and is expected to hit 11.4% by 2029.
- The average revenue per installed Smart Home currently is expected to amount to US$56.82.
Definition:
Smart AC & Heater Controls market covers devices that upgrade traditional heating and cooling systems by enabling automation and remote control for units that do not have built-in smart features. These devices act as a bridge between conventional HVAC systems and smart technology, providing a simple, cost-effective solution to modernize older units. Smart AC & Heater Controls can be connected via Wi-Fi, Bluetooth, or infrared, allowing users to manage climate settings through apps or smart home systems.This segment focuses on the controllers themselves and excludes additional accessories, such as smart plugs (see Control & Connectivity) or smartphones used for controlling the units.
Additional Information:
The market includes revenue, average revenue per smart home, number of smart homes, and household penetration rates. Sales are generated through both online and offline channels, with exclusive focus on consumer (B2C) spending. Key players in this market include Tado, Schneider, Sensibo, Bosch, and Honeywell, recognized for their innovative product designs and expansive global distribution networks. For more information on the data displayed, use the info button next to the boxes.
In-Scope
- Smart AC Controllers (e.g., Tado Smart AC Control, Sensibo Sky)
- Smart Heater Controls (e.g., Honeywell RTH9585WF)
- Smart controllers compatible with existing HVAC systems (e.g., Bosch EasyControl, Energenie Smart Wi-Fi Plug)
Out-Of-Scope
- Standard HVAC systems without smart features
- Basic manual controls for heating and cooling systems (e.g., traditional wall-mounted thermostats)
- Smart plugs or smart home controllers that do not directly control HVAC functions
- Accessories or peripherals (e.g., smart light bulbs or sensors not integrated into HVAC control).
