Press release
Smart Furniture Market Forecast to 2028: Desktronic LLC, Modoola Ltd, Herman Miller, Milano Smart Living
Smart Furniture Market 2021
The global smart furniture market is thriving on the back of growing demand for smart home automated devices amongst consumers. Smart furniture provides consumers the ease to access various comfort applications, such as controlling of temperature in electric mattresses of smart beds, and also helps the user to transform the basic furniture into various space saving furniture forms, for instance, transformation of a sofa to bed and vice-versa.
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Some of the key players profiled in the study are:
• CARLO RATTI ASSOCIATI Srl
• Desktronic LLC
• Fonesalesman Ltd
• Herman Miller Inc
• Inter IKEA Systems BV
• Milano Smart Living
• Modoola Ltd
• Ori Inc
• Steelcase Inc
• StoreBound LLC
Smart Furniture is referred to all those furniture solutions that uses surrounding environment information to provide integrated functionality and comfort to its users. It includes all the object that supports various human activities, such as, seating, eating, sleeping and others. A smart furniture usually has the characteristics of style, which might be traditional, modern or extravagant, and is build with the sole concern of saving space. Serving multiple purposes, smart furniture is built with a focus on its appearance and impression and may also be integrated with latest IT technologies that provides the user to connect the smart furniture with their smartphone devices.
IMPACT OF COVID-19 ON Smart Furniture MARKET:
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET SEGMENTATION:
The global Smart Furniture market is segmented on the basis of product type, and application.
On the basis of product type, market is segmented as Smart Tables, Smart Desks, Smart Tools and Benches, Smart Sofas, Smart Chairs. On the basis of application, market is segmented as Corporate Offices, and Residential.
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What does this report deliver?
1. Comprehensive analysis of the global as well as regional markets of the Smart Furniture Market.
2. Complete coverage of all the segments in the Smart Furniture Market to analyze the trends, developments in the global market and forecast of market size up to 2028.
3. Comprehensive analysis of the companies operating in the global Smart Furniture Market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
4. The growth matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify
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