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Future Outlook: Smart Bathroom Market Valued at $21.9 Billion by 2027

Smart Bathroom

Smart Bathroom

According to Transparency Market Research (TMR), the global Smart Bathroom market is expected to achieve a noteworthy milestone, touching a valued presence of US$ 21.9 billion by the year 2027. The report highlights an expected growth trajectory with a CAGR of 10.2% during the forecast period from 2023 to 2031.

At its core, the TMR report strives to deliver a comprehensive appraisal of the global market landscape, spotlighting major frontrunners in the Smart Bathroom domain. Through this assessment, an easily understandable depiction of both historical and current market conditions is offered, alongside projections regarding market dimensions and evolving patterns. Additionally, the report provides an extensive dataset covering market volume, share, revenue, production, and sales.

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TMR's report represents the culmination of an extensive study conducted through diverse methodologies, encompassing PESTEL, PORTER, and SWOT analyses. These models illuminate crucial financial aspects that stakeholders in the Smart Bathroom sector must address to discern competition and devise effective marketing strategies for both consumer and industrial domains. The report harnesses an array of research approaches, ranging from surveys and interviews to social media monitoring, to thoroughly dissect consumer behaviors.

Key Developments in Global Smart Bathroom Market

On January 3, 2023, Kohler launched new smart toilets, i.e. Eir Smart Toilets and innate Smart Toilets, showers, faucets, and water monitoring systems to help the world tackle sustainability
On August 8, 2022, Moen launched a new "king midas" marketing campaign to introduce the world's first completely touchless smart faucet. With the help of cutting-edge sensor technology, the smart faucet with motion control lets users control the temperature and turn on the water without having to touch it. This system is also useful for people with disabilities.
On January 5, 2022, Toto Ltd. virtually presented cutting-edge bathroom technologies and products for cleaner and better living at CES 2022 through its immersive digital portal. The company highlighted high-tech products, revolutionary technologies, and AI-enabled Wellness Toilet concept on the robust interactive virtual platform.

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The key stakeholders within the Smart Bathroom market comprise the following names:

Bradley Corporation
Cera
Jaquar Group
Kohler
Lixil Corporation
Masco
Moen
Ningbo Kege Electronic Company
Roca
Toto Ltd.

Market Segmentation

Product Type

Smart Shower
Smart Toilet
Smart Mirror
Smart Soap Dispenser
Smart Faucet
Smart Flush & Valve
Smart Light & Accessory
Others (smart mat, smart cistern, etc.)

End-use

Residential
Commercial
Hotels & Restaurants
Spa & Salons
Sports Club and Facilities
Others (offices, hospitals, etc.)

Distribution Channel

Online

Company-owned Websites
E-commerce Websites

Offline

Supermarkets / Hypermarkets
Specialty Stores
Others (small retailers, etc.)

Access customization options to tailor this research report to your needs at - https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=72513

The study reveals and comprehensively explores various insights, comprising:

Which areas are experiencing increased investments in their supply chain networks?
Which countries are benefiting from recent import and export policies?
In which regions has consumer demand declined due to economic and political disruptions?
Which geographical regions are predicted to become profitable markets?
Which areas are anticipated to lose market share due to pricing pressures?
Which regions are expected to witness expansion by industry leaders in the near future?

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Contact Us

Nikhil Sawlani
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453

About Us Transparency Market Research

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.

Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.

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