Global Battery Powered Bath Accessories Market 2025: IoT and Digitization to Up the Demand for Battery Powered Bath Accessories in the Near Future

The global battery powered bath accessories market is estimated to be valued at US$ 558.5 Mn by the end of 2018 and reach US$ 1,340.3 Mn by the end of 2026, expanding at a CAGR of 11.6% over the forecast period. The global battery powered bath accessories market is anticipated to represent an incremental opportunity of US$ 781.9 Mn between 2018 and 2026.

IoT and Digitization to Up the Demand for Battery Powered Bath Accessories in the Near Future

Futuristic bathrooms will solely rest on design innovation, with manufacturers introducing next-gen bathrooms with advanced bath accessories. Digitization and the Internet of Things (IoT) will spearhead this innovation, with key bathroom functions capable of being controlled with intelligent operations through interconnected and integrated systems and components. For instance, a single IoT enabled switchboard can control the temperature and lighting inside a bathroom. The integration of IoT in bathroom accessories will help people track their heart rates, BMI, body fat, etc. This factor is expected to increase the demand for intelligent bathrooms with superior technology enabled bath accessories. Persistence Market Research predicts increased revenue growth of the battery powered bath accessories market as a result.

Download Exclusive Sample Of This Report: https://www.researchmoz.us/enquiry.php?type=S&repid=1935264

Optimization of Energy Costs Key Opportunity Area in the Battery Powered Bath Accessories Market

With rapid urbanization leading to an increase in global energy consumption, the need of the hour is the adoption of appliances and accessories that are easy on energy consumption levels. Battery powered bath accessories play a vital role in energy savings as compared to electrical bath accessories and several countries are moving towards smart bathrooms with smarter accessories to ensure stabilized energy costs. Enhanced energy cost savings is an important factor acting in favor of revenue growth in the global market for battery powered bath accessories. Batteries are an efficient source of energy and are preferred over standard AC power owing to their long life. This will create increased opportunities in the global market, as manufacturers start introducing advanced battery powered bath accessories with superior functionalities.

Factors influencing the Growth of the Global Battery Powered Bath Accessories Market

The global construction industry is estimated to grow dynamically over the next decade. China, the United States and India are major contributors to the construction industry, which heavily relies on other factors such as the construction of housing, retail and office infrastructure. Investments drive the construction industry by supporting new initiatives, which in turn is estimated the fuel the overall demand for battery powered bath accessories in the global market. The prominent strategies adopted by the key market participants include focusing on enhancing product features and higher operational life for battery-powered bath accessories to increase their rate of adoption. Participants are targeting major end users in the OEM and aftermarket segments to strengthen their overall market share in the global market.

The global battery powered bath accessories market is estimated to be driven by an increase in the construction of new commercial and residential complexes across the globe. Lucrative growth in the construction industry is also expected to be a prime factor supplementing the market growth.

Key Players dominating the Global Battery Powered Bath Accessories Market

Some of the key market participants reported in this study of the global battery powered bath accessories market include Sloan Valve Company, Just Manufacturing Company, Bradley Corporation, Jaquar and Company, Chicago Faucets, Hydrotek International Inc., Toto Ltd., Monolith S.r.l., Umbra, Intersan Manufacturing Company, Oras Ltd., Roca Sanitario S.A., Kohler Co., Duravit AG, Masco Corporation and Lixil Group.

Get Complete TOC With Tables and Figures @ https://www.researchmoz.us/global-market-study-on-battery-powered-bath-accessories-increasing-adoption-of-iot-in-smart-bathrooms-and-demand-for-wireless-and-touch-less-solutions-anticipated-to-accelerate-revenue-growth-report.html/toc

Global Battery Powered Bath Accessories Market Segmentation and Forecast

The global battery powered bath accessories market can be segmented on the basis of product type, distribution channel, technology, application and region/country. On the basis of product type, the global battery powered bath accessories market can be segmented into automatic faucets, soap dispenser, towel dispenser and others. On the basis of distribution channel, the market can be segmented into online and offline. Based on technology, the market can be segmented into sensor and touch. On the basis of application, the market can be segmented into residential, commercial, industrial and government. Significant regions covered in the report include North America, Latin America, Europe, SEA & Pacific, China, Japan and the Middle East & Africa.

About ResearchMoz

ResearchMoz is the one stop online destination to find and buy market research reports & Industry Analysis. We fulfill all your research needs spanning across industry verticals with our huge collection of market research reports. We provide our services to all sizes of organizations and across all industry verticals and markets. Our Research Coordinators have in-depth knowledge of reports as well as publishers and will assist you in making an informed decision by giving you unbiased and deep insights on which reports will satisfy your needs at the best price.

ResearchMoz
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Email: sales@researchmoz.us
Website @ https://www.researchmoz.us/
Tel: 866-997-4948 (Us-Canada Toll Free)
Tel: +1-518-621-2074
For More Reports Visit @ http://marketresearchlatestreports.blogspot.com/

This release was published on openPR.