Industry Background:
Sanitary ware is a general term refers to the sanitary appliances found in installations, such as toilets and bathrooms. The intelligent sanitary ware market is expected to grow in the future due to growing awareness about health hygiene and the rising number of diseases. The advent of the internet of things and automation in sanitary ware are trending in the market.
According to AMA Research, the market for Intelligent Sanitary Ware is expected to register a CAGR of 6.1% during the forecast period to 2030. This growth is primarily driven by Growing Awareness about Health Hygiene
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Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Volume Unit | N |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Household Appliances sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as Geberit Group (Switzerland), TOTO Ltd. (Japan), Orans Co (Italy), INAX Corporation (Japan), Roca Sanitario SA (Spain), Villeroy & Boch AG (Germany), Duravit AG (Germany), Jaquar (India), Kohler Co. (United States) and LIXIL Group Corporation (Japan), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In Jan 2020, Kohler Co. announced additions to its smart home offering and KOHLER Konnect portfolio. Kohler will introduce five new products this year at CES: Moxie showerhead and smart speaker, Aquifer Refine water purification system, Setra touchless faucet with KOHLER Konnect, DTV Mode shower system, and new Touchless Toilet technology.
In July 2020, Roca’s introduced new touchless products, which respond to the WHO recommendations in terms of prevention and control of infections. The commitment to prevention and hygiene leads the way in technological solutions that avoid direct contact with hands in public bathroom spaces. Presence sensors and electronic mechanisms define a new generation of basin faucets, operating plates for WCs and urinals that prevent virus infections in highly transited bathrooms.The market is seeing moderate market players, by seeing huge growth in this market the key leading vendors are highly focusing on production technologies, efficiency enhancement, and product life. This market has various growth opportunities that leading players capture via tracking the ongoing process enhancement and huge investment in market growth strategies.
Influencing Trend:
People Are Demanding High-End Premium Sanitary Ware Products Due To Hygiene Concern
Market Growth Drivers:
Growing Awareness about Health Hygiene and Initiatives are Taken by the Public Sector to Improve Access to Proper Sanitation
Challenges:
Technical Complexity
Restraints:
High Installation and Maintenance Cost
Opportunities:
Supportive Government Initiatives and Emerging Demand from Developing Countries
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Intelligent Sanitary Ware Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Intelligent Sanitary Ware Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols: By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Intelligent Sanitary Ware players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Intelligent Sanitary Ware Study Sheds Light on
The Intelligent Sanitary Ware Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Intelligent Sanitary Ware industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Intelligent Sanitary Ware industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.