European Smart Thermostat Market to Jump to $2.5 Billion in Five Years, Says Frost & Sullivan
2015-08-01
The European smart thermostat market is set to boom, driven by the 2020 targets on climate change and mandatory energy efficiency certification for buildings, according to a new analysis from Frost & Sullivan. The enforcement of minimum standards for high energy consuming products such as boilers as well as HVAC systems is also fueling opportunities for smart thermostats.