Smart Bathroom Market – Global Industry Size, Share, Trends, Competition, Opportunity, and Forecast, 2024-2032F, Segmented By Product Type (Smart Toilet Seats, Smart Urinal, Smart Shower, Smart Faucets, Smart Mirror, Others (Smart Soap Dispenser, Smart Hand Dryer)), By Price Range (Mass, Premium), By End User (Hotels & Resorts, Food Service, Airport, Healthcare, Residential, Others (Education, Mal
Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Consumer Goods and Retail | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationSmart Bathroom Market – Global Industry Size, Share, Trends, Competition, Opportunity, and Forecast, 2024-2032F, Segmented By Product Type (Smart Toilet Seats, Smart Urinal, Smart Shower, Smart Faucets, Smart Mirror, Others (Smart Soap Dispenser, Smart Hand Dryer)), By Price Range (Mass, Premium), By End User (Hotels & Resorts, Food Service, Airport, Healthcare, Residential, Others (Education, Mal
The global smart bathroom market size is witnessing robust growth due to increased spending on renovating bathroom fixtures, rising inclination towards modern urban lifestyle, and latest innovation and technologies.
Imagine stepping into a smart bathroom – it's basically plumbing and fixtures controlled by your smartphone or other gadgets. We're talking cool, eco-friendly features like touchless faucets, soap that magically appears, toilets that flush themselves, and speedy hand dryers! Plus, you can manage everything from the shower to the sink from one place. Think about itmore convenience, more control, and maybe even lower bills thanks to better energy efficiency. And for anyone who's older or has a disability, a smart bathroom can make life a whole lot easier. All these awesome perks? They're why the smart bathroom market is exploding!
According to the latest smart homes statistics from a survey, 57.4 million US households are actively using smart home devices in 2022, which is defined as using them at least once a month. Moreover, the popularity of smart homes is among Americans who prefer home automation systems more than people in other countries, with a penetration rate of 32.4% and an anticipated total of 41.3 million smart houses, which is eventually increasing the smart bathrooms market in North America.
With more folks fixing up their homes and remodeling bathrooms, especially out west, smart bathrooms are really taking off in homes and businesses. Did you know the average shower uses about 17 gallons of water? While low-flow shower heads help a bit, these new smart shower valves could be a game-changer for water conservation. Think about ithow much time do you spend fiddling with the water temperature? With smart valves, you can just use voice commands to set the perfect temperature, which cuts down on wasted water and makes getting the temperature just right so easy! These advanced features are really driving the smart bathroom market share.
Hey, check out what's happening in bathrooms these days! Companies are going wild with tech, like those sensor taps that magically turn on when you put your hands under them. Pretty cool, right? This whole touchless, smart bathroom thing is also way more hygienic, since you're not spreading germs back and forth between your hands and the tap. And get this – automatic toilets are a thing! They've got all sorts of features and you don't even have to touch them. But for the ultimate in relaxation, imagine sinking into a high-tech, luxury stand-alone bathtub with jet pressure control, Wi-Fi, a Bluetooth music system, a set-and-forget control system, and even foot jets! Talk about unwinding after a long day.
Rise in Bathroom Renovations Aids the Market Growth
With new home prices being so high, lots of people are choosing to fix up their current places instead. Home values are going up, too, which seems to be pushing homeowners to put their money into upgrades rather than moving. Plus, more millennials and younger folks are buying homes, especially older ones that need some work. And get thisHomeAdvisor's research shows that millennials are actually tackling more home improvement projects each year than other generations, which is fueling the smart bathroom market and others.
Increasing Construction in Residential and Commercial Sectors Fueling the Market Growth
Due to an increase in construction activities in both residential and commercial sectors, such as malls, offices, hotels, etc., there is a global smart bathroom market growth. Urbanization and rising personal income levels are two other factors contributing to the increase in demand for smart and luxurious smart bathroom products. Moreover, luxury hotels are installing smart bathroom products to attract more customers and provide them with a better experience. The mentioned facts state the growing demand for the smart bathroom is surging within the residential sector which is influencing the smart bathroom market during the forecast period.
The Emergence of Advancement in Technology
The smart bathroom market is really taking off, and it's all thanks to cool new tech! Big companies in the space are constantly doing research and creating innovative products. Take Jacuzzi, for example. In 2022, they released their Smart Tub system – a personalized, remotely controlled bathtub. It can even send alerts about issues straight to the dealer! Plus, it adjusts the temperature, lighting, and jets to your exact liking. And remember in 2020 when Kohler Co. launched a whole bunch of smart bathroom stuff? We're talking touchless faucets with Kohler connect, a fancy DTV mode shower system, and even a touchless toilet. All these advancements are really fueling the growth of the smart bathroom market, making it more and more popular.
Market Segmentation
The smart bathroom market is segmented based on product type, price range, end user, distribution channel, regional distribution and competitive landscape. Based on product type, the market is divided into
Company Profiles
Kohler Co., Toto Ltd., Lixil Group Corporation, Roca Sanitario, S.A., American Standard Companies Inc., Moen Incorporated, Spectrum Brands Holdings, Inc. Cera Sanitaryware Limited, Empire Kitchen & Bath, Ltd., Hollowell Plumbing, Inc., Bobrick Washroom Equipment, Inc. are among the major market players in the global smart bathroom market.
| Attribute | Details |
| Base Year | 2022 |
| Historical Years | 2018 – 2021 |
| Estimated Year | 2023 |
| Forecast Period | 2024 – 2028 |
| Quantitative Units | Revenue in USD Billion and CAGR for 2018-2022 and 2023-2028 |
| Report Coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
| Segments Covered | · Product Type · Price Range · End User · Distribution Channel · Region |
| Regional Scope | North America, Europe, Asia-Pacific, Middle East & Africa and South America |
| Country Scope | |
| Key Companies Profiled | Kohler Co., Toto Ltd., Lixil Group Corporation, Roca Sanitario, S.A., American Standard Companies, Inc., Moen Incorporated, Spectrum Brands Holdings, Inc. Cera Sanitaryware Limited, Empire Kitchen & Bath, Ltd., Hollowell Plumbing, Inc., Bobrick Washroom Equipment, Inc. |
| Customization Scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and Purchase Options | Avail of customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/pdf format on special request) |
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