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Albert Roy
@albertr
September 4, 2020

Smart Bathroom Market to be at Forefront by 2027

The Global Smart Bathroom Market is projected to reach a value of over USD 17.12 billion by 2027 at a CAGR of around 11.6%.

Smart bathroom consists of various hardware components, software, and services. With the technological advancements, the smart bathroom components have witnessed a significant evolution in the last few years. Rising need for energy conservation and increasing aging population will drive the market in urban areas. Construction companies are heavily investing on the development of smart building to combat the stress on infrastructure.

Smart Bathroom Market: Drivers & Opportunity

Market Driver:

  • Increasing Aging Population

The populations of many regions are rapidly growing older. The process of population aging is a major success story, which began unfolding only at the end of the twentieth century. Asia has the greatest number of elderly persons: 217 million. China alone has 87 million persons (6.8 percent of its population) age sixty-five and older; this will increase to 167 million (11.5 percent) by 2020. India's elderly will increase from 51 million (5.0 percent) to 93 million (7.3 percent) by 2020. Hence, for safety and security of aged person, various global players are focusing on developing contactless, and software-based smart bathroom products. Hence, increasing aged population will drive the market during forecast period.

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Market Opportunity:

  • Adoption of IoT Technology in Smart Bathroom

The Internet of Things (IoT) has already fundamentally changed the way we live. The IoT will highly use for smart showers, water saving sense technology, and smart mirrors. With the help of IoT, smart showers will be able to automatically set the temperature, power, and duration of the shower as per consumer preference. IoT technology will also to detect user presence and thus avoid wasting any water which isn’t used for washing. Hence, it will create more opportunities for the smart bathroom market.

Smart Bathroom Market: Key Segments

  • Segmentation based on component: Hardware, Software, and Services
  • Segmentation based on Connectivity: Wireless and Wired
  • Segmentation based on application: Residential and Commercial
  • Segmentation based on region covers: North America, Europe, Asia-Pacific, Middle East & Africa and South America with individual country-level analysis.

Smart Bathroom Market: Report Scope

The report on the smart bathroom market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.

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List of the leading companies operating in the Smart Bathroom Market include:

  • Roca Sanitario, S.A.(Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
  • Kohler Co.
  • LIXIL Group Corporation
  • CERA Sanitaryware Limited
  • Moen Incorporated
  • Jaquar
  • TOTO LTD
  • Duravit AG
  • Bradley Corporation
  • BLANCO
  • Other Key Companies

Smart Bathroom Market: Report Segmentation

For the scope of the report, In-depth segmentation is offered by Forencis Research

Smart Bathroom Market, by Component

  • Hardware
    • Digital Faucets
    • Soaking Tubs
    • High-Tech Toilets
    • Underfloor Heating
    • Smart Tap
    • Smart Bathing
    • Others
  • Software
  • Services

Smart Bathroom Market, by Connectivity

  • Wireless
  • Wired

Smart Bathroom Market, by Application

  • Residential
  • Commercial

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Smart Bathroom Market by Region

  • Asia-Pacific (China, Japan, South Korea, India, Taiwan, Rest of Asia-Pacific)
  • North America (US, Canada, Mexico)
  • Europe (Germany, Russia, France, Italy, UK, Spain, The Netherlands, Rest of Europe)
  • Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East & Africa)
  • South America (Brazil, Argentina, Rest of South America)

Key Questions Answered by The Report

  • What are the prominent developments affecting the market worldwide and its growth?
  • What will be the impact of the developments in the market on the industry and on the market players in the future?
  • What are the evolving variations of the market globally?
  • What are the evolving functions of the market globally?
  • What are the prominent aspects that will affect market growth globally during the study period?
  • Who are the key players operating in the market across the globe?
  • How are the key players leveraging in the present market scenario worldwide?

Table of Content

  1. INTRODUCTION
    1. Research Objectives
    2. Market Definition
    3. Research Scope
    4. Regional Coverage
    5. Research Timeline
    6. Assumptions
    7. Limitations
  2. RESEARCH DESIGN & SCOPE
    1. Introduction
    2. Primary Research
      1. Key Industry Expert Insight
    3. Secondary Research
      1. Vital Data from Secondary Sources
    4. Market Size Estimation
    5. Data Validation & Triangulation
  3. EXECUTIVE SUMMARY
  4. MARKET DYNAMICS
    1. Introduction
    2. Drivers
      1. Increasing Need for Energy Conservation & Hygiene Maintenance
      2. Increasing Aging Population
    3. Restraint
      1. Dominance of traditional Bathrooms Over Smart Bathrooms
    4. Opportunities
      1. Adoption of IoT Technology in Smart Bathroom
    5. Challenges
      1. Technical Complexity
  5. INDUSTRY TRENDS – PORTERS FIVE FORCES ANALYSIS
    1. Introduction
      1. Power of Buyers
      2. Power of Suppliers
      3. Intensity of Competition
      4. Challenges of Substitutes
      5. Challenges of New Entrants
    2. Technological Impact Analysis
  6. GLOBAL SMART BATHROOM MARKET BY COMPONENT, Market Size in USD Million (2019-2027)
    1. Introduction
    2. Hardware
      1. Digital Faucets
      2. Soaking Tubs
      3. High-Tech Toilets
      4. Underfloor Heating
      5. Smart Tap
      6. Smart Bathing
      7. Others
    3. Software
    4. Services
  7. GLOBAL SMART BATHROOM MARKET BY CONNECTIVITY, Market Size in USD Million (2019-2027)
    1. Introduction
    2. Bluetooth
    3. Wi-Fi
    4. Others
  8. GLOBAL SMART BATHROOM MARKET BY APPLICATION, Market Size in USD Million (2019-2027)
    1. Introduction
    2. Commercial
    3. Residential
  9. GLOBAL SMART BATHROOM MARKET BY REGION, Market Size in USD Million (2019-2027)
    1. North America
      1. US
      2. Canada
      3. Mexico
    2. Europe
      1. Germany
      2. France
      3. Italy
      4. UK
      5. Russia
      6. Switzerland
      7. Rest of Europe
    3. Asia-Pacific
      1. China
      2. India
      3. Japan
      4. Taiwan
      5. South Korea
      6. Rest of Asia-Pacific
    4. Middle East and Africa
      1. Saudi Arabia
      2. UAE
      3. Rest of Middle East and Africa
    5. South America
      1. Brazil
      2. Argentina
      3. Rest of South America
  10. COMPETITIVE LANDSCAPE
    1. Introduction
    2. Market Ranking/Share Analysis of Key Companies
    3. Company Benchmarking
  11. COMPANY PROFILES
    1. Roca Sanitario, S.A.
      1. Company Overview
      2. Financial Overview
      3. Products/Solutions/Services Offered
      4. Key Developments
      5. SWOT Analysis
    2. Kohler Co.
    3. LIXIL Group Corporation
    4. CERA Sanitaryware Limited
    5. Moen Incorporated
    6. Jaquar
    7. TOTO LTD
    8. Duravit AG
    9. Bradley Corporation
    10. BLANCO
    11. Other Key Companies
  12. APPENDIX
    1. Key Industry Expert Insights
    2. Primary Discussion Guide
    3. Customization Options

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Albert Roy
September 4, 2020, 11:36
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