About Smart Bathroom
Smart bathrooms are part of smart homes which include all facilities including smart toilets, smart faucets, shower systems, smart windows, automatic hand dryers, touchless soap dispensers, and others. It will use as residential as well as commercial purpose. Rising Inclination towards smart cities will help to expand the global smart bathroom market.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Smart Bathroom 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.
Roca Sanitario S.A (Spain), Toto Ltd (Japan), Kohler Co. (United States), LIXIL Group Corporation (Japan), Duravit AG (Germany), Bradley Corporation (United States), Fortune Brands (Canada), Masco Corporation (China), Jacuzzi (United States), American Standard Brands (United States), Cleveland Faucet Group (MOEN) (United States) and Jaquar (India) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Grohe (Germany), Cera Sanitaryware Ltd. (India), Sloan Valve (United States), Pfister (Spectrum Brands) (United States) and Delta Faucet Company (United States).
Segmentation Overview
AMA Research has segmented the market of Global Smart Bathroom market by Type (Smart Toilets, Smart Faucets, Shower Systems, Smart Windows, Automatic Hand Dryers, Touchless soap dispensers and Others), Application (Entertainment Malls, Restaurants, Hotel Rooms, Educational Institutions, Corporate Offices, Conference or Seminar Rooms and Others) and Region.
On the basis of geography, the market of Smart Bathroom 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). North America region held largest market share in the year 2023. If we see Market by Network Connectivity, the sub-segment i.e. Bluetooth will boost the Smart Bathroom market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising Application of IOT based Technology and Growing Habit of Touch less Soap Dispensers and Automatic Hand Dryers
Market Growth Drivers:
Growing Inclination towards Smart Homes and Smart Cities and Solution for energy and Water Protections
Challenges:
Rising Threats of Substitution
Restraints:
High Installation Cost
Opportunities:
Approval of Smart bathroom on Airport and Need to Innovation in Water Saving Technology
Market Leaders and their expansionary development strategies
On 24th January 2018, LIXIL Corporation a leading Japanese diversified housing and building materials company has acquired Sentini Santarywares. The deal established for Rs 400 crore.
On 10th January 2018, Kohler has created smart bathroom product which is smart toilet of range 6000 dollar. Toilet offers Touchless Flush technology, Amazon Alexa, google assistance, siri. It was able to understand which temperature you want.
Key Target Audience
Technology Stakeholders, Research Organizations, Government Organizations, System Developers, Service Providers, Government and Private Institutes, Government Regulatory Bodies and Others
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.