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Smart Bathrooms Market by Type (Smart Windows, Hand Dryers, Touchless Cisterns, Smart Toilets, Touchless Soap Dispenser, Touchless Faucets, and Others), and End-User Industry (Nonresidential and Residential) - Global Opportunity Analysis and Industry Fore

12-21-2018 03:00 PM CET | Industry, Real Estate & Construction

Press release from: Allied Market Research

Smart Bathroom Market

Smart Bathroom Market

Growth in focus on energy and water conservation, hygiene maintenance, and sustainable development are expected to boost the demand for the global smart bathrooms market. With advancements in technologies, the smart bathrooms market gains an increase in popularity among the commercial and residential sector.

Smart bathrooms Market by Product, and End-user Industry: Global Opportunity Analysis and Industry Forecast, 2017-2023, the global smart bathrooms market was valued at from $1,230.29 million in 2016, and is expected to reach $2,517.82 million by 2023, registering a CAGR of 10.7% from 2017 to 2023. Asia-Pacific is expected to exhibit lucrative growth opportunities, owing to the growth in commercial sector, rise in consumer disposable income, and increase in rate of urbanization.

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Sanitary ware is an essential lifestyle statement for the consumers in the recent years. With the technological advancement, the bathroom fixtures have witnessed a significant evolution in the last few years. Smart bathrooms have showcased an inclination in terms of demand generated by the Nonresidential and residential buildings especially in smart cities. Increase in emphasis on energy and water conservation marks a rise in traction of smart bathrooms among the consumers. Moreover, with the continuous advancement in technology, the bathroom fixture manufacturers shift their focus from conventional bathroom accessories to sensor enabled bathroom accessories.

Rise in consumer disposable income, changes in consumer lifestyle, and increase in investments in building smart and energy efficient homes drive the market. Moreover, continuous demographic increase and high rates of urbanization also fuel the growth of the market. Features included in smart bathrooms market include smart windows, hand dryers, touchless cisterns, smart toilets, touchless soap dispenser, touchless faucets, and others.
Among these accessories, hand dryers market is estimated to be the leading the smart bathrooms market owing to its quick drying ability and hygiene maintenance. Touchless faucets gain traction attributed to its advantage of sensor-enabled performance while maintaining hygiene and conserving water. It is expected to account for a market share of about 24.4% in 2016 and is projected to account for a share of about 26.4% in 2023.

Among its application, commercial segment is expected to generate the maximum revenue in the global market during the forecast period, and is expected to account for a share of about 57% in 2023. Residential sector is expected to register the fastest CAGR during the forecast period, thereby accounting to an increase of market share from about 41.6% in 2016 to about 43% in 2023.

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Smart bathroom market includes features such as touchless faucets, sensor enabled soap dispensers, automatic cistern systems, automatic hand dryers, and others. Smart bathroom market is expected to witness a significant growth among the Nonresidential and residential consumers owing to the need for maintaining hygiene and energy conservation. 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, thereby registering a CAGR of 10.7% from 2017 to 2023.

The growth in awareness regarding health hygiene, water, and energy preservation among the consumers, is expected to propel the growth of the global smart bathrooms industry during the forecast period (2017-2023). The increased usage of automatic hand dryers and touchless soap dispensers contributes to the growth in demand for smart bathrooms market in the recent years. Furthermore, the increase in applications of touchless faucets in Nonresidential buildings is expected to drive the demand for global smart bathrooms market. Another feature of smart bathrooms that is expected to fairly contribute to the growth of the global market is smart windows.

Smart windows are installed in bathrooms to regulate the heat inflow and outflow to maintain adequate temperature in the bathroom. Besides, rise in disposable income, changes in consumer lifestyle and increase in investments in building smart and energy efficient homes are also expected to drive the growth of the global smart bathrooms industry during the forecast period. However, the high cost associated with installation and maintenance is expected to act as a potential restraint for the growth of global smart bathrooms market.

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.

Table of Content:

Chapter: 1 INTRODUCTION

1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY

1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models

Chapter: 2 EXECUTIVE SUMMARY

2.1. CXO PERSPECTIVE

Chapter: 3 MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS

3.2.1. Top impacting factors
3.2.2. Top winning strategies
3.2.3. Top investment pockets

3.3. PORTERS FIVE FORCES ANALYSIS

3.3.1. Moderate bargaining power of suppliers
3.3.2. Low bargaining power of buyers
3.3.3. High threat of substitution
3.3.4. Low threat of new entrants
3.3.5. Moderate competitive rivalry

3.4. MARKET PLAYER POSITIONING, 2016
3.5. MARKET SHARE ANALYSIS, 2016
3.6. MARKET DYNAMICS

3.6.1. Drivers

3.6.1.1. Growing awareness about health hygiene, water and energy conservation
3.6.1.2. Rising consumer disposable income
3.6.1.3. Increasing investments in residential sector due to changing consumer lifestyles
3.6.1.4. Increasing Nonresidential investments

3.6.2. Restraints

3.6.2.1. High installation and maintenance cost

3.6.3. Opportunities

3.6.3.1. Technological advancements

Chapter: 4 SMART BATHROOMS MARKET, by product

4.1. OVERVIEW

4.1.1. Market size and forecast

4.2. SMART WINDOWS

4.2.1. Key market trends
4.2.2. Key growth factors and opportunities
4.2.3. Market size and forecast

4.3. HAND DRYERS

4.3.1. Key market trends
4.3.2. Key growth factors and opportunities
4.3.3. Market size and forecast

4.4. TOUCHLESS CISTERNS

4.4.1. Key market trends
4.4.2. Key growth factors and opportunities
4.4.3. Market size and forecast

4.5. TOUCHLESS SOAP DISPENSERS

4.5.1. Key market trends
4.5.2. Key growth factors and opportunities
4.5.3. Market size and forecast

4.6. SMART TOILETS

4.6.1. Key market trends
4.6.2. Key growth factors and opportunities
4.6.3. Market size and forecast

4.7. TOUCHLESS FAUCETS

4.7.1. Key market trends
4.7.2. Key growth factors and opportunities
4.7.3. Market size and forecast

4.8. OTHERS

4.8.1. Key market trends
4.8.2. Key growth factors and opportunities
4.8.3. Market size and forecast

Chapter: 5 GLOBAL SMART BATHROOMS MARKET, BY END-USER INDUSTRY

5.1. OVERVIEW

5.1.1. Market Size and Forecast

5.2. NONRESIDENTIAL

5.2.1. Key Market Trends
5.2.2. Key Growth factors and Opportunities
5.2.3. Market size and forecast

5.3. RESIDENTIAL

5.3.1. Key market trends
5.3.2. Key growth factors and opportunities
5.3.3. Market size and forecast

Chapter: 6 SMART BATHROOMS MARKET, BY GEOGRAPHY

6.1. OVERVIEW

6.1.1. Market size and forecast

6.2. NORTH AMERICA

6.2.1. Key market trends
6.2.2. Key growth factors and opportunities
6.2.3. Market size and forecast by product
6.2.4. Market size and forecast by end-user industry
6.2.5. Market size and forecast by country

6.2.5.1. U.S.
6.2.5.2. U.S. market forecast and size by product
6.2.5.3. U.S. market forecast and size by end-user industry
6.2.5.4. Canada
6.2.5.5. Canada market forecast and size by product
6.2.5.6. Canada market forecast and size by end-user industry
6.2.5.7. Mexico
6.2.5.8. Mexico Market forecast and size by product
6.2.5.9. Mexico Market forecast and size by end-user industry

6.3. EUROPE

6.3.1. Key market trends
6.3.2. Key growth factors and opportunities
6.3.3. Market size and forecast by product
6.3.4. Market size and forecast by end-user industry
6.3.5. Market size and forecast by country

6.3.5.1. UK
6.3.5.2. UK Market forecast and size by product
6.3.5.3. UK Market forecast and size by end-user industry
6.3.5.4. Germany
6.3.5.5. Germany Market forecast and size by product
6.3.5.6. Germany Market forecast and size by end-user industry
6.3.5.7. France
6.3.5.8. France Market forecast and size by product
6.3.5.9. France Market forecast and size by end-user industry
6.3.5.10. Italy
6.3.5.11. Italy Market forecast and size by product
6.3.5.12. Italy Market forecast and size by end-user industry
6.3.5.13. Rest of Europe
6.3.5.14. Rest of Europe Market forecast and size by product
6.3.5.15. Rest of Europe Market forecast and size by end-user industry

6.4. ASIA-PACIFIC

6.4.1. Key market trends
6.4.2. Key growth factors and opportunities
6.4.3. Market size and forecast by product
6.4.4. Market size and forecast by end-user industry
6.4.5. Market size and forecast by country

6.4.5.1. China
6.4.5.2. China Market forecast and size by product
6.4.5.3. China Market forecast and size by end-user industry
6.4.5.4. Japan
6.4.5.5. Japan Market forecast and size by product
6.4.5.6. Japan Market forecast and size by end-user industry
6.4.5.7. India
6.4.5.8. India Market forecast and size by product
6.4.5.9. India Market forecast and size by end-user industry
6.4.5.10. Australia
6.4.5.11. Australia Market forecast and size by product
6.4.5.12. Australia Market forecast and size by end-user industry
6.4.5.13. Rest of Asia-Pacific
6.4.5.14. Rest of Asia-Pacific Market forecast and size by product
6.4.5.15. Rest of Asia-Pacific Market forecast and size by end-user industry

6.5. LAMEA

6.5.1. Key market trends
6.5.2. Key growth factors and opportunities
6.5.3. Market size and forecast by product
6.5.4. Market size and forecast by end-user industry
6.5.5. Market size and forecast by country

6.5.5.1. Latin America
6.5.5.2. Latin America Market forecast and size by product
6.5.5.3. Latin America market forecast and size by end-user industry
6.5.5.4. Middle East
6.5.5.5. Middle East Market forecast and size by product
6.5.5.6. Middle East Market forecast and size by end-user industry
6.5.5.7. Africa
6.5.5.8. Africa Market forecast and size by product
6.5.5.9. Africa Market forecast and size by end-user industry

Chapter: 7 COMPANY PROFILES

7.1. AMERICAN STANDARD BRANDS

7.1.1. Company overview
7.1.2. Company snapshot
7.1.3. Operating business segments
7.1.4. Product portfolio
7.1.5. Business performance
7.1.6. Key strategic moves and developments

7.2. BRADLEY CORPORATION

7.2.1. Company overview
7.2.2. Company snapshot
7.2.3. Operating business segments
7.2.4. Product portfolio
7.2.5. Business performance
7.2.6. Key strategic moves and developments

7.3. CERA SANITARYWARE LTD.

7.3.1. Company overview
7.3.2. Company snapshot
7.3.3. Operating business segments
7.3.4. Product portfolio
7.3.5. Business performance
7.3.6. Key strategic moves and developments

7.4. CLEVELAND FAUCET GROUP

7.4.1. Company overview
7.4.2. Company snapshot
7.4.3. Operating business segments
7.4.4. Product portfolio
7.4.5. Business performance
7.4.6. Key strategic moves and developments

7.5. DELTA FAUCET COMPANY

7.5.1. Company overview
7.5.2. Company snapshot
7.5.3. Operating business segments
7.5.4. Product portfolio
7.5.5. Business performance
7.5.6. Key strategic moves and developments

7.6. GROHE

7.6.1. Company overview
7.6.2. Company snapshot
7.6.3. Operating business segments
7.6.4. Product portfolio
7.6.5. Business performance
7.6.6. Key strategic moves and developments

7.7. JACUZZI

7.7.1. Company overview
7.7.2. Company snapshot
7.7.3. Operating business segments
7.7.4. Product portfolio
7.7.5. Business performance
7.7.6. Key strategic moves and developments

7.8. JAQUAR

7.8.1. Company overview
7.8.2. Company snapshot
7.8.3. Operating business segments
7.8.4. Product portfolio
7.8.5. Business performance
7.8.6. Key strategic moves and developments

7.9. KOHLER

7.9.1. Company overview
7.9.2. Company snapshot
7.9.3. Operating business segments
7.9.4. Product portfolio
7.9.5. Business performance
7.9.6. Key strategic moves and developments

7.10. NOVELLINI

7.10.1. Company overview
7.10.2. Company snapshot
7.10.3. Operating business segments
7.10.4. Product portfolio
7.10.5. Business performance
7.10.6. Key strategic moves and developments

7.11. PFISTER

7.11.1. Company overview
7.11.2. Company snapshot
7.11.3. Operating business segments
7.11.4. Product portfolio
7.11.5. Business performance
7.11.6. Key strategic moves and developments

7.12. ROCA SANIATRIO

7.12.1. Company overview
7.12.2. Company snapshot
7.12.3. Operating business segments
7.12.4. Product portfolio
7.12.5. Business performance
7.12.6. Key strategic moves and developments

7.13. SLOAN VALVE

7.13.1. Company overview
7.13.2. Company snapshot
7.13.3. Operating business segments
7.13.4. Product portfolio
7.13.5. Business performance
7.13.6. Key strategic moves and developments

7.14. TOTO LTD.

7.14.1. Company overview
7.14.2. Company snapshot
7.14.3. Operating business segments
7.14.4. Product portfolio
7.14.5. Business performance
7.14.6. Key strategic moves and developments

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About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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