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Global Smart Bathroom Market Outlook
The rise in the number of smart homes across the globe is one of the primary smart bathroom market drivers. With the increasing adoption of IoT for integrating home appliances and devices, the need for converting conventional homes to smart homes has increased considerably in the recent years. Using advanced technology and leveraging the Internet, these smart homes enable users to remotely control devices and appliances through their smartphones. Furthermore, smart homes also offer advanced safety and comfort, safeguarded privacy, and also aid in energy-efficiency. Owing to their advantages, the coming years will witness an increase in the demand for smart homes, which will consequently, drive the growth of the smart bathrooms market. The smart bathroom market research report predicts the market to register a CAGR of over 10% by 2022.
Companies covered
The smart bathrooms market is moderately fragmented owing to the presence of several players. With the growing competition, these companies are focusing on leveraging new technologies to offer advanced solutions. By offering a complete analysis of the market’s competitive landscape and providing information on the products offered by various companies, this smart bathroom industry analysis report will help gain the most from the upcoming growth opportunities.
The smart bathroom market forecast report offers a detailed analysis of various companies including:
- Duravit
- Jaquar
- Kohler
- LIXIL Group
- TOTO
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Smart bathroom market growth based on geographic regions
With a detailed study of the upcoming growth opportunities for the companies across regions such as the Americas, APAC, and EMEA, our analysts have predicted that the countries in APAC will contribute to the maximum growth of this market throughout the predicted period. The growing adoption of smart homes in the emerging economies including India and China will be a major factor driving the smart bathroom market growth in this region.
Smart bathroom market growth based on products
- Smart toilets
- Smart faucets
- Shower systems
- Smart windows
According to our smart bathroom market analysis report, the smart toilets segment will account for the maximum growth of the market throughout the forecast period. This report provides an accurate prediction of the contribution of the various products segments to the growth of the smart bathroom market size and also offers information on factors that will drive the demand for these products.
Key highlights of the global smart bathroom market for the forecast years 2018-2022:
- CAGR of the market during the forecast period 2018-2022
- Detailed information on factors that will accelerate the growth of the smart bathroom market during the next five years
- Precise estimation of the global smart bathroom market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- Growth of the smart bathroom industry across various geographies such as the Americas, APAC, and EMEA
- A thorough analysis of the market’s competitive landscape and detailed information on several vendors
- Comprehensive information about factors that will challenge the growth of smart bathroom companies
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