According to MarkNtel Advisors research report Global Smart Thermostat Market Analysis 2021 the market is likely to grow at a CAGR of around 19% during 2021-2026F . Read More - https://www.marknteladvisors.com/research-library/global-smart-thermostat-market.html

1. Global Smart Thermostat
Market Analysis, 2021

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Document Outline
Sample Pages
Global Smart Thermostat Market Analysis, 2021
17
Research Process & Methodology
Key questions answered in the report, Research process, Primary Research, Secondary Research,
Respondent Profile
24
Table of Content
Market Segmentation, Scope of Work
02
Commercials 52
Company Profile
About the company
54
Contact Details 56

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Market Segmentation
• Emerson Electric Co.
• Nest Labs
• GridPoint, Inc.
• Tado GmbH
• Honeywell International
• Computime Group Ltd.
• Schneider Electric SE
• Radio Thermostat
Company of America
• Ecobee, Inc.
• Control4 Corporation
• Carrier Corporation
• Siemens AG
• Johnson Controls
• Zen Ecosystems
• Resideo Technologies,
Inc.
Global Smart Thermostat Market
• Wireless
o Bluetooth
o Wifi
o ZigBee
o Z-Wave
• Wired
By Company By Technology By Region
• North America
o The US
o Canada
• South America
o Brazil
o Others
• Europe
o Germany
o The UK
o France
o Spain
o Russia
o Others
• Asia-Pacific
o India
o China
o Japan
o Australia
o Others
• Middle East & Africa
o UAE
o Saudi Arabia
o South Africa
o Others
• Residential
• Industrial
• Retail
• Hospitality
• Education
• Office Building
• Healthcare
• Others (Government, etc.)
By End User
• Sensor
o Temperature
Sensor
o Motion Sensors
o Humidity Sensors
• Display
• Others
By Component

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Table of Content (1/13)
Historical Year: (2016-19)
Base Year: 2020
Forecast Year: (2021-26)
Table of Content
1. Introduction
1.1. Product Definition
1.2. Research Process
1.3. Assumptions
1.4. Market Segmentation
2. Preface
3. Executive Summary
4. Impact of COVID-19 on Global Smart Thermostat Market
5. Global Smart Thermostat Market Outlook, 2016-2026F
5.1. Market Size & Analysis
5.1.1. By Revenues
5.2. Market Share & Analysis
5.2.1. By Technology
5.2.1.1. Wireless
5.2.1.1.1. Bluetooth
5.2.1.1.2. Wifi
5.2.1.1.3. ZigBee
5.2.1.1.4. Z-Wave
5.2.1.2. Wired
5.2.2. By Component

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Table of Content (2/13)
Historical Year: (2016-19)
Base Year: 2020
Forecast Year: (2021-26)
Table of Content
5.2.2.1. Sensor
5.2.2.1.1. Temperature Sensor
5.2.2.1.2. Motion Sensors
5.2.2.1.3. Humidity Sensors
5.2.2.2. Display
5.2.2.3. Others
5.2.3. By End User
5.2.3.1. Residential
5.2.3.2. Industrial
5.2.3.3. Retail
5.2.3.4. Hospitality
5.2.3.5. Education
5.2.3.6. Office Building
5.2.3.7. Healthcare
5.2.3.8. Others
5.2.4. By Region
5.2.4.1. North America
5.2.4.2. South America
5.2.4.3. Europe
5.2.4.4. Middle East & Africa

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Table of Content (3/13)
Historical Year: (2016-19)
Base Year: 2020
Forecast Year: (2021-26)
Table of Content
5.2.4.5. Asia-Pacific
5.2.5. By Competitors
5.2.5.1. Competition Characteristics
5.2.5.2. Market Share & Analysis
5.2.5.3. Competitive Metrix
6. North America Smart Thermostat Market Outlook, 2016-2026F
6.1. Market Size & Analysis
6.1.1. By Revenues
6.2. Market Share & Analysis
6.2.1. By Technology
6.2.2. By Component
6.2.3. By End User
6.2.4. By Country
6.2.4.1. The US
6.2.4.2. Canada
6.3. The US Smart Thermostat Market Outlook, 2016-2026F
6.3.1. Market Size & Analysis
6.3.1.1. By Revenues
6.3.2. Market Share & Analysis
6.3.2.1. By Technology

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Table of Content (4/13)
Historical Year: (2016-19)
Base Year: 2020
Forecast Year: (2021-26)
Table of Content
6.3.2.2. By Component
6.3.2.3. By End User
6.4. Canada Smart Thermostat Market Outlook, 2016-2026F
6.4.1. Market Size & Analysis
6.4.1.1. By Revenues
6.4.2. Market Share & Analysis
6.4.2.1. By Technology
6.4.2.2. By Component
6.4.2.3. By End User
7. South America Smart Thermostat Market Outlook, 2016-2026F
7.1. Market Size & Analysis
7.1.1. By Revenues
7.2. Market Share & Analysis
7.2.1. By Technology
7.2.2. By Component
7.2.3. By End User
7.2.4. By Country
7.2.4.1. Brazil
7.2.4.2. Others
7.3. Brazil Smart Thermostat Market Outlook, 2016-2026F

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Table of Content (5/13)
Historical Year: (2016-19)
Base Year: 2020
Forecast Year: (2021-26)
Table of Content
7.3.1. Market Size & Analysis
7.3.1.1. By Revenues
7.3.2. Market Share & Analysis
7.3.2.1. By Technology
7.3.2.2. By Component
7.3.2.3. By End User
8. Europe Smart Thermostat Market Outlook, 2016-2026F
8.1. Market Size & Analysis
8.1.1. By Revenues
8.2. Market Share & Analysis
8.2.1. By Technology
8.2.2. By Component
8.2.3. By End User
8.2.4. By Country
8.2.4.1. Germany
8.2.4.2. The UK
8.2.4.3. France
8.2.4.4. Spain
8.2.4.5. Russia
8.2.4.6. Others

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Table of Content (6/13)
Historical Year: (2016-19)
Base Year: 2020
Forecast Year: (2021-26)
Table of Content
8.3. Germany Smart Thermostat Market Outlook, 2016-2026F
8.3.1. Market Size & Analysis
8.3.1.1. By Revenues
8.3.2. Market Share & Analysis
8.3.2.1. By Technology
8.3.2.2. By Component
8.3.2.3. By End User
8.4. The UK Smart Thermostat Market Outlook, 2016-2026F
8.4.1. Market Size & Analysis
8.4.1.1. By Revenues
8.4.2. Market Share & Analysis
8.4.2.1. By Technology
8.4.2.2. By Component
8.4.2.3. By End User
8.5. France Smart Thermostat Market Outlook, 2016-2026F
8.5.1. Market Size & Analysis
8.5.1.1. By Revenues
8.5.2. Market Share & Analysis
8.5.2.1. By Technology
8.5.2.2. By Component

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Table of Content (7/13)
Historical Year: (2016-19)
Base Year: 2020
Forecast Year: (2021-26)
Table of Content
8.5.2.3. By End User
8.6. Spain Smart Thermostat Market Outlook, 2016-2026F
8.6.1. Market Size & Analysis
8.6.1.1. By Revenues
8.6.2. Market Share & Analysis
8.6.2.1. By Technology
8.6.2.2. By Component
8.6.2.3. By End User
8.7. Russia Smart Thermostat Market Outlook, 2016-2026F
8.7.1. Market Size & Analysis
8.7.1.1. By Revenues
8.7.2. Market Share & Analysis
8.7.2.1. By Technology
8.7.2.2. By Component
8.7.2.3. By End User
9. Middle East & Africa Smart Thermostat Market Outlook, 2016-2026F
9.1. Market Size & Analysis
9.1.1. By Revenues
9.2. Market Share & Analysis
9.2.1. By Technology

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Table of Content (8/13)
Historical Year: (2016-19)
Base Year: 2020
Forecast Year: (2021-26)
Table of Content
9.2.2. By Component
9.2.3. By End User
9.2.4. By Country
9.2.4.1. UAE
9.2.4.2. Saudi Arabia
9.2.4.3. South Africa
9.2.4.4. Others
9.3. UAE Smart Thermostat Market Outlook, 2016-2026F
9.3.1. Market Size & Analysis
9.3.1.1. By Revenues
9.3.2. Market Share & Analysis
9.3.2.1. By Technology
9.3.2.2. By Component
9.3.2.3. By End User
9.4. Saudi Arabia Smart Thermostat Market Outlook, 2016-2026F
9.4.1. Market Size & Analysis
9.4.1.1. By Revenues
9.4.2. Market Share & Analysis
9.4.2.1. By Technology
9.4.2.2. By Component

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Table of Content (9/13)
Historical Year: (2016-19)
Base Year: 2020
Forecast Year: (2021-26)
Table of Content
9.4.2.3. By End User
9.5. South Africa Smart Thermostat Market Outlook, 2016-2026F
9.5.1. Market Size & Analysis
9.5.1.1. By Revenues
9.5.2. Market Share & Analysis
9.5.2.1. By Technology
9.5.2.2. By Component
9.5.2.3. By End User
10. Asia-Pacific Smart Thermostat Market Outlook, 2016-2026F
10.1. Market Size & Analysis
10.1.1. By Revenues
10.2. Market Share & Analysis
10.2.1. By Technology
10.2.2. By Component
10.2.3. By End User
10.2.4. By Country
10.2.4.1. China
10.2.4.2. India
10.2.4.3. Japan
10.2.4.4. Australia

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Table of Content (10/13)
Historical Year: (2016-19)
Base Year: 2020
Forecast Year: (2021-26)
Table of Content
10.2.4.5. Others
10.3. China Smart Thermostat Market Outlook, 2016-2026F
10.3.1. Market Size & Analysis
10.3.1.1. By Revenues
10.3.2. Market Share & Analysis
10.3.2.1. By Technology
10.3.2.2. By Component
10.3.2.3. By End User
10.4. India Smart Thermostat Market Outlook, 2016-2026F
10.4.1. Market Size & Analysis
10.4.1.1. By Revenues
10.4.2. Market Share & Analysis
10.4.2.1. By Technology
10.4.2.2. By Component
10.4.2.3. By End User
10.5. Japan Smart Thermostat Market Outlook, 2016-2026F
10.5.1. Market Size & Analysis
10.5.1.1. By Revenues
10.5.2. Market Share & Analysis
10.5.2.1. By Technology

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Table of Content (11/13)
Historical Year: (2016-19)
Base Year: 2020
Forecast Year: (2021-26)
Table of Content
10.5.2.2. By Component
10.5.2.3. By End User
10.6. Australia Smart Thermostat Market Outlook, 2016-2026F
10.6.1. Market Size & Analysis
10.6.1.1. By Revenues
10.6.2. Market Share & Analysis
10.6.2.1. By Technology
10.6.2.2. By Component
10.6.2.3. By End User
11. Global Smart Thermostat Market Trends & Insights
12. Global Smart Thermostat Market Dynamics
12.1. Drivers
12.2. Challenges
12.3. Impact Analysis
13. Global Smart Thermostat Market Hotspots & Opportunities
14. Global Smart Thermostat Value Chain Analysis
15. Global Smart Thermostat Market Regulations & Policy
16. Key Strategic Imperatives for Success and Growth
17. Competition Outlook
17.1. Competition Matrix

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Table of Content (12/13)
Historical Year: (2016-19)
Base Year: 2020
Forecast Year: (2021-26)
Table of Content
17.1.1. Product Portfolio
17.1.2. Target Markets
17.1.3. Target End Users
17.1.4. Research & Development
17.1.5. Strategic Alliances
17.1.6. Strategic Initiatives
17.2. Company Profile
17.2.1. Emerson Electric Co.
17.2.2. Nest Labs
17.2.3. GridPoint, Inc.
17.2.4. Tado GmbH
17.2.5. Honeywell International
17.2.6. Computime Group Ltd.
17.2.7. Schneider Electric SE
17.2.8. Radio Thermostat Company of America
17.2.9. Ecobee, Inc.
17.2.10. Control4 Corporation
17.2.11. Carrier Corporation
17.2.12. Siemens AG
17.2.13. Johnson Controls

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Table of Content (13/13)
Historical Year: (2016-19)
Base Year: 2020
Forecast Year: (2021-26)
Table of Content
17.2.14. Zen Ecosystems
17.2.15. Resideo Technologies, Inc.
18. Disclaimer

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Document Outline
Sample Pages
Global Smart Thermostat Market Analysis, 2021
17
Research Process & Methodology
Key questions answered in the report, Research process, Primary Research, Secondary Research,
Respondent Profile
24
Table of Content
Market Segmentation, Scope of Work
Commercials
Company Profile
About the company
Contact Details
02
52
54
56

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Global Smart Thermostat Market Outlook, 2016-2026F

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Global Smart Thermostat Market Analysis, 2016-2026F
Source: MarkNtel Advisors, E: Estimated, F: Forecast
Figure XX: Global Smart Thermostat Industry Revenues (USD Million), 2016- 2026F
• Global smart thermostat market is snowballing over the last couple of years. The growing demand for energy-efficient technology is
contributing to the growth of the global market also Smart thermostats assist the customers to reduce electricity consumption,.
• In 2019, smartphone penetration was 65% globally, which is expected to reach 80% by 2025, as reported by the GSM Association. The
increasing purchase of smartphones and growing awareness about smart thermostats amid end-users such as corporate offices,
residential, healthcare, among others, are the main factors that would support to mushroom the global market at a CAGR of XX% during
2021-26. However, in 2020, the declined consumers' spending, deferred construction projects, and insufficient supply of materials due to
the eruption of COVID-19 impacted the demand and supply of smart thermostats worldwide. Thus, the global market has witnessed the
Market at a Glance
2016 2017 2018 2019 2020 2021F 2022F 2023F 2024F 2025F 2026F
CAGR
CAGR
Revenue: XX% Revenue: Around XX%

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Global Smart Thermostat Market, By Technology (1/4)
Market Size, By Technology (USD Million)
Source: MarkNtel Advisors
• Global smart thermostat market is bifurcated by technology into wired and wireless. The installation of wireless smart thermostats is
increasing across the globe due to factors such as cost-effectiveness, flexibility, easy installation, and less maintenance. While less price
associated with wired technology-based solution is augmenting the market revenue of the wired segment through 2016.
• Wireless technology enables end-users to operate smart thermostats from remote locations through the internet, hence, the sale of
wireless connected smart thermostats is driving in the global market.
Wired Wireless
Wireless Technology is Gaining Popularity in Global Market
Inner Circle: 2020; Outer Circle: 2026
Market Share, By Technology
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Wired XX XX XX XX XX XX XX XX XX XX XX
Wireless XX XX XX XX XX XX XX XX XX XX XX
Figure XX: Global Smart Thermostat Market Revenue Share (%) 2020 & 2026, & Market Revenue (USD Million), By Technology, 2016-
2026F
*These are dummy charts and do not represent actual value

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Global Smart Thermostat Market, By Component (1/4)
Market Size, By Component (USD Million)
Source: MarkNtel Advisors
• Global smart thermostat market is divided by components into sensor, display, and other. Sensor plays an essential role in a smart
thermostat to identify the temperature requirement in every room, which leads to control the cooling and heating devices on a room by
room basis. The growing demand for temperature sensor due to the ability to control cooling and heating according to specific
temperature requirement has been mounting the market revenue of the sensor segment since 2016.
• The public and private partnership have been supporting to bring several new projects in commercial, government, industrial verticals in
Sensor Display Others
Market Insights
Inner Circle: 2020; Outer Circle: 2026
Market Share, By Component
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Sensor XX XX XX XX XX XX XX XX XX XX XX
Display XX XX XX XX XX XX XX XX XX XX XX
Others XX XX XX XX XX XX XX XX XX XX XX
Figure XX: Global Smart Thermostat Market Revenue Share (%) 2020 & 2026, & Market Revenue (USD Million), By Component, 2016-
2026F
*These are dummy charts and do not represent actual value

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Global Smart Thermostat Market, Growth Analysis By Component (3/4)
CAGR 2021-2026F
Market
Share
(%)
High
High
Low
XX Growth, XX Market Share
1. Display
Market Share Analysis
• The government initiative would support the
segment to grow at a CAGR of XX% during 2021-
2026. For instance: In 2020, the UK government
launched the Green Homes Grant scheme
intending to assist homeowners to install energy-
efficient solutions. The government provides
funding USD 6000 to 12,000 to low-income homes
and the scheme would run until March 31, 2022.
• The hotel construction in regions such as the
Middle East, South America, Asia-Pacific is
mushrooming the sale of smart thermostats.
Radisson Hotel Group planned to open six hotels
in Saudi Arabia in the forthcoming years. Other
Source: MarkNtel Advisors,
0%
50%
100%
0% 13% 25%
Figure XX: Global Smart Thermostat Market Opportunity Metrix, By Revenues By Component, 2021-26
XX
XX

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Global Smart Thermostat Market Revenue Share, By Company
XX
XX XX
XX
XX
XX
Emerson Electric Co. (USD XXX Million)
 The company offers a wide range of smart
thermostat components for residential and
commercial end-users and the company has
a presence in the global market. These
factors assist the company to maintain its
position among leading players.
Siemens AG (USD XXX Million)
 XXXXX
 XXXXX
 XXXXX
Nest Labs (USD XXX Million)
 XXXXX
 XXXXX
 XXXXX
Others (USD XXXX Million)
 XXXX
 XXXX
 XXXX
Tado GmbH (USD XXXX Million)
 XXXXX
 XXXXX
 XXXXX
GridPoint, Inc. (USD XXX Million)
 XXXXXX
 XXXXXX
 XXXXXX
USD XX Billion
Source: MarkNtel Advisors Primary Surveys, Annual Reports, Press Releases
Figure XX: Global Smart Thermostat Market Revenue Share (%), By Company, 2020

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North America Smart Thermostat Market Outlook, 2016-2026F

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North America Smart Thermostat Market Analysis, 2016-2026F
Source: MarkNtel Advisors, E: Estimated, F: Forecast
Figure XX: North America Smart Thermostat Industry Revenues (USD Million), 2016- 2026F
• North America grabbed the highest market share in the global smart thermostat market during 2016-2020, and the market domination is
expected to continue in the coming years. The surging energy consumption due to the growing adoption of electronics products is
generating the need for smart products that helps to reduce electricity consumption. Hence, expected that the demand for smart
thermostats would escalate among residential, industrial, and corporate offices in the region.
• The US and Canada are the major countries that would snowball the North American market. The continuously expanding smart
infrastructure development is a significant driver in promoting the growth of smart thermostats in these countries.
• The increasing spending on advanced technologies and companies' focus to expand their business in the region is surging the sales of
North America Dominated the Global Market
2016 2017 2018 2019 2020 2021F 2022F 2023F 2024F 2025F 2026F
CAGR
CAGR
Revenue: XX% Revenue: XX%

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North America Smart Thermostat Market, By Technology (1/4)
Market Size, By Technology (USD Million)
Source: MarkNtel Advisors
• Wireless smart thermostat is attracting a large number of end-users for heating and cooling system. However, the strong distribution
network and availability of wired smart thermostats through several sales channels include online and offline in the region has been
generating the demand for wired solutions through 2016.
• 5G communication technology increases the speed of the network and enhances bandwidth. The rollout of 5G services in the North
American countries is supposed to escalate the adoption of wireless connected smart thermostats amid end-users by 2026.
Wired Wireless
Market Overview
Inner Circle: 2020; Outer Circle: 2026
Market Share, By Technology
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Wired XX XX XX XX XX XX XX XX XX XX XX
Wireless XX XX XX XX XX XX XX XX XX XX XX
Figure XX: North America Smart Thermostat Market Revenue Share (%) 2020 & 2026, & Market Revenue (USD Million), By Technology,
2016- 2026F
*These are dummy charts and do not represent actual value

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North America Smart Thermostat Market, By Component (1/4)
Market Size, By Component (USD Million)
Source: MarkNtel Advisors
• The smart cities comprise residential units, hospitals, hotels, retail units, among others. The development of smart cities in countries
including the USA, Canada, and Mexico have been soaring the procurement of smart thermostats, hence, the demand for sensors and
display is augmenting over the last couple of years. For instance: Innovation Park, Belmont, Union Point, Sidewalk Toronto, Smart Forest
City are proposed smart cities in the region, and various smart cities would propose in the coming years.
• The embedded of advanced technology such as artificial intelligence, the internet of things, machine learning, etc., in smart thermostats
Sensor Display Others
Market Insights
Inner Circle: 2020; Outer Circle: 2026
Market Share, By Component
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Sensor XX XX XX XX XX XX XX XX XX XX XX
Display XX XX XX XX XX XX XX XX XX XX XX
Others XX XX XX XX XX XX XX XX XX XX XX
Figure XX: North America Smart Thermostat Market Revenue Share (%) 2020 & 2026, & Market Revenue (USD Million), By Component,
2016- 2026F
*These are dummy charts and do not represent actual value

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North America Smart Thermostat Market, Growth Analysis By Component (3/4)
CAGR 2021-2026F
Market
Share
(%)
High
High
Low
XX Growth, XX Market Share
1. Sensor
Market Share Analysis
• The growth of the segment would flourish by the
loosen government policies. For instance: the
requirement of government permit to construct
infrastructure in the country delays the
construction activities that are supposed to soar
the construction cost. The government plan to
ease the regulation on construction projects is
expected to surge the development of the
commercial and industrial units that would
proliferate the demand for smart thermostats in
the region. With the rising installation of smart
thermostats, the demand for sensors would
snowball during the forecast period 2021-26.
Source: MarkNtel Advisors,
0%
50%
100%
0% 13% 25%
Figure XX: North America Smart Thermostat Market Opportunity Metrix, By Revenues By Component, 2021-26
XX
XX

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Document Outline
Sample Pages
Global Smart Thermostat Market Analysis, 2021
Research Process & Methodology
Key questions answered in the report, Research process, Primary Research, Secondary Research,
Respondent Profile
Table of Content
Market Segmentation, Scope of Work
Commercials
Company Profile
About the Company
54
Contact Details 56
52
24
17
02

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