| Product Code: ETC4958952 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Ireland continued to witness a surge in smart thermostat import shipments, with significant contributions from top exporting countries such as China, UK, Italy, USA, and South Korea. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market landscape. The impressive Compound Annual Growth Rate (CAGR) of 40.59% from 2020 to 2024 underscores the growing demand for smart thermostats in Ireland. Moreover, the notable growth rate of 43.31% from 2023 to 2024 highlights the accelerated pace at which the market is evolving, showcasing promising opportunities for both domestic and international suppliers.

By 2027, the Smart Thermostat market in Ireland is anticipated to reach a growth rate of 0.00%, as part of an increasingly competitive Europe region, where Germany remains at the forefront, supported by United Kingdom, France, Italy and Russia, driving innovations and market adoption across sectors.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Ireland Smart Thermostat Market Overview |
3.1 Ireland Country Macro Economic Indicators |
3.2 Ireland Smart Thermostat Market Revenues & Volume, 2021 & 2031F |
3.3 Ireland Smart Thermostat Market - Industry Life Cycle |
3.4 Ireland Smart Thermostat Market - Porter's Five Forces |
3.5 Ireland Smart Thermostat Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Ireland Smart Thermostat Market Revenues & Volume Share, By End-User Vertical, 2021 & 2031F |
4 Ireland Smart Thermostat Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about energy efficiency and sustainability |
4.2.2 Government initiatives promoting smart home technologies |
4.2.3 Technological advancements leading to the development of more user-friendly smart thermostats |
4.3 Market Restraints |
4.3.1 High initial cost of smart thermostats compared to traditional thermostats |
4.3.2 Limited compatibility with existing HVAC systems |
4.3.3 Concerns about data privacy and security |
5 Ireland Smart Thermostat Market Trends |
6 Ireland Smart Thermostat Market Segmentations |
6.1 Ireland Smart Thermostat Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Ireland Smart Thermostat Market Revenues & Volume, By Wireless, 2021-2031F |
6.1.3 Ireland Smart Thermostat Market Revenues & Volume, By Wireless, 2021-2031F |
6.2 Ireland Smart Thermostat Market, By End-User Vertical |
6.2.1 Overview and Analysis |
6.2.2 Ireland Smart Thermostat Market Revenues & Volume, By Residential, 2021-2031F |
6.2.3 Ireland Smart Thermostat Market Revenues & Volume, By Commercial, 2021-2031F |
7 Ireland Smart Thermostat Market Import-Export Trade Statistics |
7.1 Ireland Smart Thermostat Market Export to Major Countries |
7.2 Ireland Smart Thermostat Market Imports from Major Countries |
8 Ireland Smart Thermostat Market Key Performance Indicators |
8.1 Adoption rate of smart thermostats in residential buildings |
8.2 Energy savings achieved by households using smart thermostats |
8.3 Number of partnerships between smart thermostat manufacturers and energy companies for incentive programs |
8.4 Rate of increase in the average energy efficiency rating of households using smart thermostats |
9 Ireland Smart Thermostat Market - Opportunity Assessment |
9.1 Ireland Smart Thermostat Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Ireland Smart Thermostat Market Opportunity Assessment, By End-User Vertical, 2021 & 2031F |
10 Ireland Smart Thermostat Market - Competitive Landscape |
10.1 Ireland Smart Thermostat Market Revenue Share, By Companies, 2024 |
10.2 Ireland Smart Thermostat Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |