Press release
Battery Powered Bath Accessories Market to Cross US$ 1.34 Bn at a CAGR of 11.6% Between 2020 and 2026
Battery Powered Bath Accessories Market 2022
The market for battery-operated bathroom accessories is anticipated to grow at a CAGR of 11.6% from its current projected value of US$ 558.5 million in 2018 to US$ 1.34 Bn in 2026. The market for battery-operated bathroom accessories is projected to grow by US$781.9 million between 2018 and 2026.
Artificial Intelligence Powered Battery Operated Bath Accessories to be the Newest Innovation in Smart Restroom Applications
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Technology has revolutionized the fundamentals of living and smart home technology has permeated the lives of certain classes of people to a significant extent. With the concept of smart homes comes the evolution of smart bathrooms, complete with digitally powered bath accessories such as towel and soap dispensers and automatic faucets. High-end residential and commercial establishments are now introducing battery powered bath accessories to attract their target customer base. The entry of Artificial Intelligence (AI) in smart bathrooms has created demand for intuitive battery powered bath accessories capable of providing increased performance efficiency and enhanced functionality.
Key Companies-
• 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 and more
The future will witness the rise of intelligent bathroom applications with super intelligent bath accessories powered by advanced technology. This is expected to boost revenue growth of the global battery powered bath accessories market.
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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.
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.
Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Araia, South Africa etc.)
Key Stakeholders
Battery Powered Bath Accessories Market Manufacturers
Battery Powered Bath Accessories Market Distributors/Traders/Wholesalers
Battery Powered Bath Accessories Market Subcomponent Manufacturers
Industry Association
Downstream Vendors
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Key Questions Answered in the Battery Powered Bath Accessories Market Report
• How is the Battery Powered Bath Accessories Market expected to grow over the projected period?
• What direction is the Battery Powered Bath Accessories Market expected to take in terms of volume and value during the forecast period?
• What is the impact of macroeconomic factors on the Battery Powered Bath Accessories Market in future?
• What are the key market drivers in the Battery Powered Bath Accessories Market?
• What are significant opportunities and improvement areas for Battery Powered Bath Accessories Market manufacturers?
• What are the key developments and trends taking over the Battery Powered Bath Accessories Market?
• Which are the emerging countries that are expected to create significant growth opportunities in the Battery Powered Bath Accessories Market?
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