The global smart bathroom market size estimated to reach USD 9,775.4 million by 2026 according to a new report published by polaris market research. The new report ‘Smart Bathroom Market [By Product (Smart Windows, Smart Toilets, Touch-less Faucets, Soaking Tubs, Others) By Component (Hardware, Software, Services) By End-User (Residential, Non-Residential) By Region]: Market size & Forecast, 2018 – 2026’ indicates that the global smart bathroom industry is anticipated to grow at a CAGR of 12.5% during the forecast period.
Smart bathrooms offer solutions for controlling, monitoring and automating functionalities in a bathroom. Smart bathrooms provide convenience, efficiency, energy savings, and remote control of operations.
Smart bathrooms include functionalities such as automated lighting, air conditioning and heating, automatic door, digital faucets, soaking tubs, hot gadgets, and automatic toilets among others.
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The demand for smart bathroom has increased owing to rising penetration of mobile devices, and increasing awareness regarding efficient energy use.
The growing adoption of IoT and connected devices has accelerated the Smart Bathroom market growth across the globe. The introduction of favourable government regulations regarding energy use further propels the smart bathroom market growth.
Growing demand from emerging economies, development of smart homes, increasing adoption of connected technologies, and technological advancements are factors expected to provide numerous growth opportunities to the global smart bathroom industry in the coming years.
The report provides an extensive qualitative and quantitative analysis of the market trends and growth prospects of the Global Smart Bathroom Market, 2018-2026. This report comprises a detailed geographic distribution of the market across North America, Europe, Asia-Pacific, Latin America, and MEA.
North America is further segmented into U.S., Canada, and Mexico. Europe is divided into Germany, UK, Italy, France, and Rest of Europe.
Asia-Pacific is bifurcated into China, India, Japan, and Rest of Asia-Pacific.
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North America generated the highest revenue in the smart bathroom market in 2018 owing the established telecommunication industry, and increasing awareness regarding efficient energy use in the region. The increasing penetration of mobile devices, along with growing adoption of smart homes further boosts the Smart Bathroom market growth in the region.
Competitive Landscape and Key Vendors
The global Smart Bathroom market is characterized by the presence of well-diversified international and small and medium-sized vendors. These companies are consistently launching new products to enhance their offerings in the smart bathroom industry.
With the advancement of technologies, companies are innovating and introducing new customized products to cater the growing needs of the customers. Leading companies are also acquiring other companies, and enhancing their product offerings to improve their market reach.
The leading companies profiled in the smart bathroom market report include Toto Ltd, Masco Corporation, Kohler Co., Duravit AG, Roca Sanitario S.A, Bradley Corporation, American Standard Brands, Cera Sanitaryware Ltd., Delta Faucet Company, and LIXIL Group Corporation.
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Key Segments
Product
- Smart Windows
- Smart Toilets
- Touch-less Faucets
- Soaking Tubs
- Others
Component
- Hardware
- Software
- Services
End-User
- Residential
- Non-Residential
Region
- North America
- U.S.
- Canada
- Europe
- U.K.
- Germany
- France
- Spain
- Italy
- Russia
- Netherlands
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Korea
- Thailand
- Malaysia
- Singapore
- Australia
- Philippines
- Indonesia
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Middle East & Africa
- Saudi Arabia
- UAE
- Oman
- South Africa
- Rest of MEA
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