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Rapid growth in manufacturing industries are expected to drive innovation in automatic environmental control manufacturing, thus driving the market during the forecast period.

The global automatic environmental control market is expected to grow from $16.26 billion in 2022 to $17.59 billion in 2023 at a compound annual growth rate (CAGR) of 8.2%. The global automatic environmental control market size is expected to grow to $23.38 billion in 2027 at a CAGR of 7.4%.

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Global Automatic Environmental Control Market Segments Include:

• By Type: Heating Equipment, Refrigeration Equipment, Air Conditioning Equipment
• By Product Type: Environmental Monitors, Environmental Monitoring Sensors, Wearable Environmental Monitors
• By Application: Residential, Commercial, Industrial
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global automatic environmental control market in 2021.

Major Market Players in the automatic environmental control market include Johnson Controls, Inc., Schneider Electric, United Technologies Corporation, Honeywell International Inc., and Ingersoll Rand.

The smart thermostat is a key trend in the automatic environmental control market. Smart thermostats use smart technology that can be operated using mobile phones, laptops, smart speakers, or other computers connected to the internet that allows for scheduling preferred temperature settings, and they can also be integrated into home automation systems. For instance, Ecobee was the first to introduce the smart thermostat solution into the market. The company has seen its revenues double every year, it is estimated that Ecobee sales will reach $1 billion by 2020. Across North America, Ecobee holds 30% of the market share in smart thermostats.

The Automatic Environmental Control Global Market Report 2023  provides a automatic environmental control market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The automatic environmental control market forecast analyzes automatic environmental control market size, automatic environmental control market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Automatic environmental control refers to devices used as automatic controls and regulators for applications, such as heating, air-conditioning, refrigeration, and appliances.

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