Press release
Smart Bathrooms Market is expected to reach to $2,517.82 million in 2023 | Key players Toto Ltd., Jacuzzi, Roca Sanitario, Novellini, Kohler, American Standard Brands and Cleveland Faucet Group
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.Growth in affluence of the consumers and their inclination towards building a smart and energy efficient building drives the market. Advancement in technologies especially the advent of sensor enabled systems also fuels the market. The growth in traction of touchless faucets among the bathroom accessories, is also expected to catalyze the growth of the global smart bathrooms market during the forecast period. However, the high installation and maintenance costs are expected to pose potential restraints for the growth of the global market.
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The smart bathrooms market is segmented based on type, end-user industry, and geography. On the basis of type, the market is classified into smart windows, touchless cisterns, touchless faucets, smart toilets, touchless soap dispensers, hand dryers, and others. Based on the end-user industry, the market is divided into commercial and residential. Based on region, it is analyzed across North America, Asia-Pacific, Europe, and LAMEA.
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.
KEY BENEFITS FOR STAKEHOLDERS
The study provides an in-depth analysis of the global smart bathrooms industry and current & future trends to elucidate the imminent investment pockets.
Information about key drivers, restrains, and opportunities is provided.
Porter’s Five Forces analysis illustrates the potency of buyers & suppliers operating in the industry.
The quantitative analysis of the smart bathrooms industry from 2017 to 2023 is provided to determine the market potential.
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Key Elements that the report acknowledges:
• Market size and growth rate during forecast period.
• Key factors driving the Smart Bathrooms market.
• Key market trends cracking up the growth of the Smart Bathrooms market.
• Challenges to market growth.
• Key vendors of “Smart Bathrooms market” market.
• Detailed SWOT analysis.
• Opportunities and threats faces by the existing vendors in Global Smart Bathrooms market.
• Trending factors influencing the market in the geographical regions.
• Strategic initiatives focusing the leading vendors.
• PEST analysis of the market in the five major regions.
Table of Contents
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Market Overview
Chapter 4: Smart Bathrooms Market by Type
Chapter 5: Smart Bathrooms Market, By End-User Industry
Chapter 6 Smart Bathrooms Market By Geography
Chapter 7: Company Profile
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