Smart Bathroom Market 2020 Global Leading Players, Trends, Segments, Regional Analysis and Industry Growth by Forecast to 2026
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The Major Players Covered in Smart Bathroom Market
• LIXIL Group
• Roca Sanitario SA
• Bradley Corporation
• Masco Corporation
• Villeroy & Boch AG
Sanitary ware is essential lifestyle statement for consumers in recent years. With the advancement in technology, the bathroom fittings have seen a substantial evolution in last few years. The smart bathrooms have showcased inclination in terms of the demand generated by commercial and residential buildings particularly in smart cities. Rise in emphasis on the water and energy conservation marks rise in the traction of the smart bathrooms among consumers. Furthermore, with continuous technological advancement, the bathroom fitting manufacturers shift their concentration from the conventional bathroom accessories to the sensor enabled accessories.
Increasing awareness regarding the health, hygiene, energy and water preservation among consumers, is anticipated to drive the growth of global smart bathrooms during the forecast period. The improved usage of touchless soap dispensers and automatic hand dryers contributes to growth in demand for the smart bathrooms market in recent years. Furthermore, increase in the applications of touchless faucets in commercial buildings is anticipated to propel the demand for the global smart bathrooms market. Additional feature of the smart bathrooms that is projected to contribute to the growth of market is smart windows. The windows are fixed in bathrooms to control the heat flow to maintain acceptable temperature in bathroom.
Major market players of the smart bathrooms maret Kohler Co., Roca Sanitario SA, Toto Ltd., LIXIL Group Corporation, Wellis, Duravit AG, Masco Corporation, Fortune Brands, Bradley Corporation, and Villeroy & Boch AG. Market is fragmented owing to the existence of many small and large players. Majority of these manufacturers are from the U.S., China and Japan. Companies are implementing strategies such as new product launch and product development to increase market reach. In January 2019, Kohler Co. launched a smart toilet with smart features such as built-in speakers, ambient lighting, and Google Assistant support and Amazon Alexa. Moreover, in November 2018, Xiaomi Corporation launched smart toilet under their smart home brand. The product comes with Xiaomi’s XiaoAI speech assistance and artificial intelligence (AI) features.
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• To study and analyze the global Smart Bathroom market size by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2026.
• To understand the structure of Smart Bathroom market by identifying its various sub segments.
• Focuses on the key global Smart Bathroom players, to define, describe and analyze the value, market share, market competition landscape, swot analysis and development plans in next few years.
• to analyze the Smart Bathroom with respect to individual growth trends, future prospects, and their contribution to the total market.
• To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
• To project the size of Smart Bathroom submarkets, with respect to key regions (along with their respective key countries).
• To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
• To strategically profile the key players and comprehensively analyze their growth strategies.
Key questions answered in this report
• What will the market size be in 2026 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
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