About Smart Pillow
Over the past few years growing awareness of health and related issues among the people is booming the use of smart technologies in the market. The smart pillow is designed and developed to provide a relatively easy way to observes the sleeping condition, employing temperature and humidity sensors using special and unique technologies. Moreover, it offers automatically alarm, ringing alarm, including playing music, and so on. The increasing adoption of technologies across the globe is booming the demand of smart pillow in the market
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Smart Pillow market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
MOONA (France), ZEREMA (Korea), Nitetronic Goodnite (United States), ZEEQ (India), Advanced Sleep Technologies, LLC (United States), Gio Clavis (South Korea), Isense Sleep (United States), Motion Pillow (Korea), DREAMPAD (United Kingdom) and REM Fit (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Pressure Profile Systems Inc. (United States), Smart Nora(Canada) and Sleepsmart Pillow (United States).
Segmentation Overview
AMA Research has segmented the market of Global Smart Pillow market by Type (Anti-Snoring and Multifunctional), Application (Residential, Hotel, Hospital, Nursing Home, School and Others) and Region.
On the basis of geography, the market of Smart Pillow has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Smart Pillow market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material, the sub-segment i.e. Latex Pillow will boost the Smart Pillow market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Use of Cloud-Based Technology in Smart Pillow is Trending
Market Growth Drivers:
Increasing Number of People Suffering From Sleeping Disorders Is Key Driving Factor of the Smart Pillow Market and Growing Preference of Consumers for Good Quality and Expensive Pillows
Challenges:
Key Competition Between Manufacturers
Restraints:
Currently, High Production Cost is the Major Hindrance Faced by Smart Pillow Manufacturers.
Opportunities:
Increasing Adoption For Modern Health Care Facilities And Growing Awareness About Sleep-Related Issues Across The Globe Is Booming The Opportunities Of Growth For The Manufacturer Of Smart Pillow
Key Target Audience
Manufacturers of Smart Pillow, Suppliers of Smart Pillow, Wholesalers, Distributors, and Retailers of Smart Pillow, Hospitality Industry and Textile Industry
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.