Smart Bathrooms Market Record Stellar CAGR During Forecast Period

Global Smart Bathrooms Market: Introduction

With the advent of the Internet of Things (IoT) and mounting user base of smartphones, a number of industries have taken up modernization and are rebranding themselves as smart industries. One such market is the global smart bathroom market. The increasing trend of automation is driving this market substantially. The rising popularity of hi-tech toilets and digital faucets are expected to support the growth of this market in the years to come.

This research study presents an all-inclusive study of the global smart bathrooms market, taking the market trends and prospects in consideration. The report also analyzes key segments of this market to offer a deep insight into it.

Global Smart Bathrooms Market: Competitive Analysis & Notable Developments

Although still at a nascent stage, the global smart bathrooms market is teeming with participants. Some of the leading players in this market are:

Toto Ltd.
Roca Sanitario
LIXIL Group Corp.
Novellini
American Standard Brands
Kohler
Cleveland Faucet Group (MOEN)
Jaquar
Grohe
Cera Sanitaryware Ltd.
Pfister
Masco Corp.
Bradley Corp.
Delta Faucet Co.

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These players are actively involved in strategic collaborations to enhance their visibility and retain their positions. Over the coming years, they are expected to focus more on product developments and new product launches. Let’s look at a few notable developments happened the recent past:

LIXIL group recently entered into an acquisition agreement with India-based Sentini Sanitarywares. The company plans to invest US$65 mn to boost the production of ceramicware in India.
Duravit launched furniture console systems in two new variants with different thickness of 30 mm and 45 mm. These consoles can be easily integrated into bathroom designs, such as above counter washbasins. With this, the company plans to gain a strong footing in the global smart bathroom market.

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