Smart Bathrooms Market by Type Smart Windows, Hand Dryers, Touchless Cisterns, Smart Toilets, Touchless Soap Dispenser, Touchless Faucets, and Others, and EndUser Industry Nonresidential and Residential Global Opportunity Analysis and Industry Forecast,
Smart bathrooms gain popularity among the consumers due to presence of energy efficient and technology driven bathroom accessories. With the rise in disposable income and awareness about energy conservation, consumers are shifting towards the concept of building energy efficient homes, bathroom being one of the most essential areas. The smart bathrooms market offers sensor driven features such as smart toilets, touchless cisterns, touchless soap dispensers, smart windows, and others. The global smart bathrooms market is estimated to account for a market revenue of $1,230.29 million in 2016 and is expected to reach to $2,517.82 million in 2023.
Growth in affluence of the consumers and their inclination towards building a smart and energy efficient building drives the market. Advancement in technologies especially the advent of sensor enabled systems also fuels the market. The growth in traction of touchless faucets among the bathroom accessories, is also expected to catalyze the growth of the global smart bathrooms market during the forecast period. However, the high installation and maintenance costs are expected to pose potential restraints for the growth of the global market.
The smart bathrooms market is segmented based on type, enduser industry, and geography. On the basis of type, the market is classified into smart windows, touchless cisterns, touchless faucets, smart toilets, touchless soap dispensers, hand dryers, and others. Based on the enduser industry, the market is divided into commercial and residential. Based on region, it is analyzed across North America, AsiaPacific, Europe, and LAMEA.
The key players operating in the global smart bathrooms market are Toto Ltd., Jacuzzi, Roca Sanitario, Novellini, Kohler, American Standard Brands, Cleveland Faucet GroupMOEN, Grohe, Jaquar, Cera Sanitaryware Ltd., Sloan Valve, Pfister Spectrum Brands, Delta Faucet Company, and Bradley Corporation.
KEY BENEFITS FOR STAKEHOLDERS
The study provides an indepth analysis of the global smart bathrooms industry and current future trends to elucidate the imminent investment pockets.
Information about key drivers, restrains, and opportunities is provided.
Porter's Five Forces analysis illustrates the potency of buyers suppliers operating in the industry.
The quantitative analysis of the smart bathrooms industry from 2017 to 2023 is provided to determine the market potential.
KEY MARKET SEGMENTS
By Type
Smart Windows
Hand Dryers
Touchless Cisterns
Smart Toilets
Touchless Soap Dispenser
Touchless Faucets
Others
By Enduser Industry
Commercial
Residential
By Region
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Italy
Rest of Europe
AsiaPacific
China
Japan
India
Australia
Rest of AsiaPacific
LAMEA
Latin America
Middle East
Africa
Key Market Players
American Standard Brands
Bradley Corporation
Cera Sanitaryware Ltd
Cleveland Faucet GroupMOEN
Delta Faucet Company
Grohe
Jacuzzi
Jaquar
Kohler
Novellini
Pfister Spectrum Brands
Roca Sanitario
Sloan Valve
Toto Ltd
