MARKET OVERVIEW
A solid-state thermostat is a type of thermostat that uses solid-state electronic components, such as transistors and integrated circuits, to control the temperature of a system. Unlike traditional thermostats that use mechanical components, solid-state thermostats offer more precise temperature control and are often more reliable and durable.
MARKET SIZE & GROWTH
• The Global Solid State Thermostat Market was valued at US$ 395.6 million in 2024.
• It is projected to reach US$ 510.3 million by 2032.
• The market is expected to grow at a CAGR of 3.8% from 2024 to 2032.