Global Smart Bathroom Market Research Report by Forecast to 2023
Global Smart Bathroom Market Research Report by Forecast to 2023
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Global Smart Bathroom Market Research Report by Forecast to 2023
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Copyright © 2017 Market Research Future.
Global Smart Bathroom Market Research Report by Forecast to 2023
Summary With smart homes entering the customer mindset, smart bathrooms have become a natural addition to renovation projects. Smart bathrooms solutions are available in various ranges with basic digital showers to other customized additions.
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Global Smart Bathroom Market Research Report by Forecast to 2023
Major Key Players: •
Roca Sanitario S.A. (Spain)
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Toto Ltd. (Japan)
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Kohler Co. (U.S.)
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LIXIL Group (Japan)
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Duravit AG (Germany)
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Bradley Corporation (U.S.)
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Fortune Brands (Canada)
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Masco Corporation (China)
Segmentation: •
By product type, it is segmented into digital faucets, hi-tech toilets, soaking tubs, and others. Hitech toilets are expected to accrue sales by exhibiting 10.34% CAGR during the forecast period. This can be credited to the changing customer perspective on lifestyle. Soaking tubs also have a significant market share due to the benefits of hot and cool baths which can provide stress relief and ensure quality sleep. Digital faucets can command a sizeable market share due to its ability to use facial recognition to stream water rate according to the user.
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Global Smart Bathroom Market Research Report by Forecast to 2023 •
By connectivity, it is segmented into 3G, Wi-Fi, and Bluetooth. Among these, the Bluetooth segment can exhibit 10.44% CAGR during the forecast period.
Regional Analysis: The global smart bathroom market is estimated to generate significant revenue at 11% CAGR from 2017 to 2023 (forecast period). It is driven by the need for energy-efficient solutions with the rising consumption of electricity and the growth in the global populace. The integration of technology in all aspects of daily routines is likely to trigger the demand for smart bathrooms which are used for maintaining hygiene by users. Immense demand for modern bathrooms with the latest amenities is likely to drive the global market demand. Bathrooms with demisting mirrors or voice-activated showers are some of the instances in the market. The focus on water conservation is expected to hike the demand in bathroom products such as automatic faucets, automatic flush systems, and smart toilets.
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Copyright Š 2017 Market Research Future.
Global Smart Bathroom Market Research Report by Forecast to 2023
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Copyright Š 2017 Market Research Future.