Smart Bathrooms Market Growth, Upcoming Challenges and Future Forecast 2017-2023

Overview of Smart Bathrooms Market

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. 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.

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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 Major players reported in the market include:

The key players operating in the global smart bathrooms market are Toto Ltd., Jacuzzi, Roca Sanitario, Novellini, Kohler, American Standard Brands, Cleveland Faucet Group(MOEN), Grohe, Jaquar, Cera Sanitaryware Ltd., Sloan Valve, Pfister (Spectrum Brands), Delta Faucet Company, and Bradley Corporation.

KEY BENEFITS

The study provides an in-depth analysis of the Smart Bathrooms market along with current and future trends to elucidate the imminent investment pockets.

The report provides information regarding key drivers, restraints, and opportunities along with their impact analysis.

Porter’s Five Forces and SWOT analyses of key market players in the industry have been provided to highlight the growth strategies adopted by them.

The value chain analysis of the industry signifies the key intermediaries involved, and elaborates their roles and value additions at every stage of the value chain.

The quantitative analysis of the market during the period of 2017-2023 is provided to elaborate the market potential.

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KEY MARKET SEGMENTS:

By Type

Smart Windows

Hand Dryers

Touchless Cisterns

Smart Toilets

Touchless Soap Dispenser

Touchless Faucets

By End-user Industry

Commercial

Residential

BY GEOGRAPHY

North America

Europe

Asia Pacific

Central & South America

Middle East and Africa

TABLE OF CONTENTS

CHAPTER 1 INTRODUCTION

CHAPTER 2 EXECUTIVE SUMMARY

CHAPTER 3 MARKET OVERVIEW

CHAPTER 4 WORLD SMART BATHROOMS MARKET, BY END USER

CHAPTER 5 WORLD SMART BATHROOMS MARKET, BY APPLICATION

CHAPTER 6 WORLD SMART BATHROOMS MARKET, BY GEOGRAPHY

CHAPTER 7 COMPANY PROFILES

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Posted by on Wednesday June 12 2019, 6:17 PM EDT. All trademarks acknowledged. Filed under Business Services, Featured Press Release. Comments and Trackbacks closed. Follow responses: RSS 2.0

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