Table of Contents
Historical Data, Premium Insights, Market Dynamic, Analysis and Projection, By Product, Analysis and Projection, By Application, Analysis and Projection, By End-Use, Analysis and Projection, By Regional Analysis, Competitive Landscape, Company Profiles, Market Revenue, Sale & Price Analysis
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According to a research report published by Spherical Insights & Consulting, the Global Smart Bathroom Market Size is Expected to Grow from USD 7.85 Billion in 2023 to USD 19.26 Billion by 2033, Growing at a CAGR of 9.39% during the forecast period 2023-2033.
Browse key industry insights spread across 215 pages with 110 Market data tables and figures & charts from the report on the Global Smart Bathroom Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Smart Faucets, Smart Toilets, Smart Soap Dispensers, Smart Bathtubs, and Smart Bathroom Mirrors), By End-user (Residential and Commercial), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033.
Smart bathroom products are those that have intelligent features such as sensors and touchless and automated systems. Smart showers that may be set to remember desired pressure and heat settings can save time in the morning. Tech-savvy consumers are increasingly using smart toilets with Bluetooth lighting and heating capabilities, as well as sensor taps that activate the basin with a hand wave. Growing infrastructure development is one of the key factors propelling the global market for smart bathrooms. Artificial intelligence (AI) and the Internet of Things (IoT) are becoming more and more popular, which is driving up demand for smart bathroom products such as smart lighting, smart toilets, and smart soap dispensers. Additionally, the expansion of the smart bathroom market worldwide is also propelled by the rise in residential and commercial buildings in various regions. However, smart bathroom adoption is severely hampered by the expensive initial installation costs of these cutting-edge fixtures and accessories.
The smart toilets segment dominates the market with the highest market share of the global smart bathroom market through the projected timeframe.
Based on the product type, the smart bathroom market is classified into smart faucets, smart toilets, smart soap dispensers, smart bathtubs, and smart bathroom mirrors. Among these, the smart toilets segment dominates the market with the highest market share of the global smart bathroom market through the projected timeframe. The product's innovative features, such as its ability to clean and deodorize itself, are responsible for this. These features make it a popular and eco-friendly product in the smart bathroom market. Hands-free flushing, heated seats, motion-activated seats, and integrated night lights are just a few of the features that have made high-tech or smart toilets popular in both residential and commercial settings.
The commercial segment is expected to hold the highest market share of the global smart bathroom market through the projected period.
Based on the end-user, the smart bathroom market is classified into residential and commercial. Among these, the commercial segment is expected to hold the highest market share of the global smart bathroom market through the projected period. The expanding hotel sector and the rise in restaurants and eateries across the globe are predicted to fuel significant growth in the market for smart restrooms in the upcoming years. The market's growth prospects are also influenced by the construction and expansion of commercial infrastructure in emerging markets.
North America is expected to hold the largest share of the smart bathroom market through the forecast period.
North America is expected to hold the largest share of the smart bathroom market through the forecast period. The commercial sector's rising expenditure on upgrading and renovations is responsible for this. Owing to the expansion of the tourism industry, the region is likely to see a rise in the number of commercial buildings, which will increase demand for smart bathrooms. To improve the customer experience, the business sector which includes malls, restaurants, and hotels has been funding renovation projects. Public bathrooms are being improved as part of this effort. This is probably going to increase demand for smart bathroom accessories such as digital faucets and smart soap dispensers.
Asia Pacific is predicted to grow at the fastest CAGR of the smart bathroom market over the forecast period. The adoption of modern lifestyles, advancements in smart home technology, and growing awareness of energy saving are all factors contributing to the market expansion. Furthermore, in the Asia Pacific region, the Indian smart bathroom market grew at the fastest rate, while China's smart bathroom market held an enormous market share.
Competitive Analysis
Major key players in the smart bathroom market include Pfister (Spectrum Brands, Inc.), Jacuzzi Brands, LLC, Villeroy & Boch AG, Signature Hardware (Ferguson Enterprises, LLC), Kraus USA Plumbing LLC, Delta Faucet Company, GROHE AMERICA, INC. (LIXIL Corporation), Moen Incorporated, Kohler Co., Duravit AG, American Standard (LIXIL Corporation), Roca Sanitario, S.A, TOTO LTD., Aqualisa, GetHai, Inc., WaterHawk, Dornbracht AG & Co. KG, and Others.
Recent Developments
Key Target Audience
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the smart bathroom market based on the below-mentioned segments:
Global Smart Bathroom Market, By Product Type
Global Smart Bathroom Market, By End-User
Global Smart Bathroom Market, By Regional Analysis
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