Canada Smart Thermostat Market Size & Outlook, 2025-2033
Canada Smart Thermostat Market Insights
- According to Deep Market Insights analysis, the Canada Smart Thermostat Market size was USD 525.45 Million in 2024 and is projected to reach USD 2237.1 Million by 2033.
- The Canada market is projected to grow at a CAGR of 17.37% between 2026 and 2033.
- By segment, Programmable emerged as the largest Product in terms of market size in 2024.
- Learning/AI thermostats is anticipated to remain the most attractive Product segment, recording the fastest growth during the forecast period.
Source: DMI Analysis Company Publications, Primary Interviews.
Other Key Findings
- In 2024, Canada accounted for 11.41% of the global Smart Thermostat Market size.
- By 2033, United States is expected to lead the global Smart Thermostat Market in terms of market size.
- Within North America, United States is projected to dominate the regional Smart Thermostat Market size by 2033.
- United States is identified as the fastest-growing market in North America, anticipated to reach USD 5566.75 Million by 2033.
Report Summary
| Report Scope | Details |
|---|---|
| Base Year for Study | 2024 |
| Study Period | 2021-2033 |
| Historical Period | 2021-2023 |
| Forecast Period | 2025-2033 |
| Market Size In 2024 | USD 525.45 Million |
| Market Size In 2033 | USD 2237.1 Million |
| Largest segment | Programmable |
| Units | Revenue in USD Million |
| CAGR | 17.37% (2025-2033) |
| Segmnetation Covered | |
| Product |
|
| Connectivity |
|
| Installation |
|
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Canada Smart Thermostat Market Product 2025-2033 (USD Million)
| Product | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Programmable | XX.x | XX.x | XX.x | 275.18 | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Learning/AI thermostats | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Commercial HVAC controllers | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Total | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
Source: DMI Analysis Company Publications, Primary Interviews.
Canada Smart Thermostat Market Connectivity 2025-2033 (USD Million)
| Connectivity | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Wi-Fi/cloud | XX.x | XX.x | XX.x | 262.62 | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Zigbee/Z-Wave | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Platform integrations | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Total | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
Source: DMI Analysis Company Publications, Primary Interviews.
Canada Smart Thermostat Market Installation 2025-2033 (USD Million)
| Installation | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DIY | XX.x | XX.x | XX.x | 317.38 | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Professional | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Total | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
Source: DMI Analysis Company Publications, Primary Interviews.