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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 on: 2024-11-01 | No of Pages : 320 | Industry : Consumer Goods and Retail

Publisher : MIR | Format : PDF&Excel

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

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.

A plumbing and sanitary system that is automated and controlled by smartphones and other smart devices is referred to as a smart bathroom. It includes a variety of environmentally friendly options as well as high-tech fixtures, including touchless faucets, sensor-enabled soap dispensers, automatic cistern systems, and hand dryers. Additionally, it provides centralized control for appliances, including faucets, showers, and toilets. The benefits of a smart bathroom include convenience, control, cost savings, and improved energy efficiency. Additionally, it helps to provide a flexible environment for users who are elderly or disabled These factors are boosting the smart bathroom market size globally.

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.

Additionally, a variety of smart bathrooms are becoming more popular in both the residential and commercial sectors because of rising home improvement projects and bathroom renovations, particularly in western countries. Every time person takes a shower, the average person uses roughly 17 gallons of water. Although new smart shower valves have the potential to significantly reduce water usage, low-flow shower heads do help to some extent. For example, consumers can take more time attempting to adjust the water temperature to their preferred level. Voice commands can be used to control smart valves to set the temperature to a certain level, reducing the time needed to adjust the temperature are some advance features which is propelling the smart bathroom market share.

Furthermore, various companies are introducing advance technology in bathrooms, such as sensor taps that detect the user's movements and switch on automatically when their hands are under it. This touchless smart bathroom technology is also hygienic because it prevents germs from being transferred from one's hands to the tap or vice versa. Additionally, there is an automatic toilet that has several capacities and does not even require the use of hands. A high-tech luxury stand-alone bathtub with jet pressure control, Wi-Fi connectivity, Bluetooth music system, set-and-forget control system, and foot jets is found at for bathroom for individuals who want to relax after a hard day.

Rise in Bathroom Renovations Aids the Market Growth

Consumers are increasingly opting to invest in home remodeling or improvement projects rather than purchasing new homes because of the high cost of purchasing new homes. The surging household properties influencing homeowners to focus more toward spending money on home improvement projects rather than buying new home. Another factor benefiting the market is that an increasing number of millennials and younger consumers are buying homes, particularly older homes that require more repairs. According to research by HomeAdvisor, millennials are investing in a greater number of home improvement projects each year compared to other age groups, increasing the smart bathroom market.

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

Technological advancement is a key factor, which is gaining popularity in the global smart bathroom market. Major players in the smart bathroom market are developing new technologies by conducting research and developing new products. For instance, in 2022, the Smart tub system was launched by Jacuzzi, a US-based manufacturer, and distributor of branded bathtubs. The smart tub is a personalized, remotely controlled bathtub that notifies the dealer of alerts and faults in real time. In accordance with the user's preferences, it also modifies the temperature, lighting, and jets. Also, in 2020 Kohler Co. launched a variety of smart bathroom products such as spectra touchless faucets with Kohler connect, a DTV mode shower system, and a touchless toilet technology. Therefore, these certain new technologies with various other advancements in bathroom products are driving the demand for smart bathroom market during the forecast period.

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


MIR Segment1

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

United States, Canada, Mexico, Germany, France, Italy, Spain, Netherlands, United Kingdom, Poland, China, India, Japan, South Korea, Australia, Vietnam, Indonesia, Saudi Arabia, UAE, South Africa, Turkey, Egypt, Brazil, Argentina, Colombia

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)

Table of Content

To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )
To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )