Press release
The Evolving Landscape of Smart Bathroom Market: Trends, Regional Insights, and Competitive Landscape Analysis By 2030
Allied Market Research report highlights quantitative and qualitative analyses of the smart bathroom market. According to the report, the industry is anticipated to obtain a value of $10,882.1 million by 2030, having witnessed a value of $3,774.6 million in 2020.The industry exhibited a notable CAGR of 11.2% during the projection period. The research report provides an extensive overview of various industry parameters, including key findings and estimations from 2021 to 2030. It also offers profitable investment prospects, emerging trends, regional insights, top market segments, and a competitive analysis.
The AMR study uses SWOT analysis and Porter's Five Forces model to assess the industry, highlighting internal strengths and weaknesses, as well as external opportunities and threats. These tools aid businesses, investors, and stakeholders in analyzing competitive dynamics and strategic positioning, giving valuable insights into the market's attractiveness and potential challenges.
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Competitive Analysis
This research report examines the competitive analysis of the global smart bathroom industry. It provides thorough evaluations of the product portfolios, business strategies, and offerings of major market players. Moreover, the report analyzes the innovative tactics employed by these top entities, such as strategic alliances, new product launches, partnerships, and collaborations, to stay ahead of the competition. This information enables businesses, investors, and stakeholders to streamline operations, enhance product development, and take advantage of new opportunities.
Top companies profiled in the report are:
Kohler CO.
Cera Sanitaryware Ltd.
Pfister (Spectrum Brands)
MASCO Corporation
Jaquar
LIXIL Corporation
Delta Faucet Company
Jacuzzi Brand LLC
Toto Ltd.
Roca Sanitario S.A.
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Emerging Trends Shaping the Future of Smart Bathrooms
Touchless technology
The increased focus on hygiene and cleanliness is driving the rise in the popularity of touchless fixtures. These fixtures are designed to minimize contact and prevent the spread of germs. For instance, the Moen U by Moen Smart Shower System features a touchless control system where users are able to set their desired water temperature and flow rate through a smartphone app or voice commands avoiding the need to physically touch the faucet controls.
Integration with smart home systems
Smart bathrooms are becoming more integrated with broader smart home systems, allowing seamless control and automation of various features through centralized platforms like Google Home or Amazon Alexa. For instance, the Kohler Konnect system enables the operation of smart mirrors, showerheads, and toilets through voice commands, or a smartphone app. Users are able to adjust water temperature and lighting and receive personalized recommendations based on their usage habits.
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Regional Insights
The AMR report evaluates the competitiveness of the global smart bathroom market in different regions such as Asia-Pacific, North America, Europe, and LAMEA. It provides valuable insights into economic conditions in these areas. In this industry, North America held the largest market share in 2020 and is expected to maintain its lead position until 2030. However, the LAMEA region is predicted to witness the fastest CAGR of 7.8% from 2021 to 2030.
To summarize, the report by Allied Market Research provides key recommendations for businesses, investors, and stakeholders in the global smart bathroom industry. These suggestions aid in making informed investment decisions and staying ahead of the competition. In addition, regular updates and detailed competitive analysis support the development of strategies to strengthen a global footprint.
About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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