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What Is The Leading Driver Behind Rising Demand For Smart Homes Fueling The Boom In The Smart Bathroom Market Market Expansion in 2025
Smart Bathroom
What Will the Smart Bathroom Industry Market Size Be by 2025?
The market for smart bathrooms has seen significant growth in recent years. Its projected growth is from $4.87 billion in 2024 to $5.22 billion in 2025, with a compound annual growth rate (CAGR) of 7.2%. The historical growth of this market can be linked to an increased emphasis on home automation, rising consciousness about water conservation, expectations of luxury and comfort, issues relating to the aging population and accessibility, and a focus on energy efficiency.
What's the Long-Term Growth Forecast for the Smart Bathroom Market Size Through 2029?
In the coming years, the market for smart bathrooms is anticipated to expand swiftly, reaching a staggering $7.91 billion by 2029 with a compound annual growth rate (CAGR) of 10.9%. Factors contributing to this significant growth in the forecasted period include the integration of health and wellness, trends of customization and personalization, interactive smart mirrors and displays, and solutions for environmental sustainability. The forecast period is projected to see trends such as health and wellness attributes, superior hygiene solutions, augmented security and privacy, implementation of augmented reality (AR) in design and planning, and integration with intelligent home ecosystems.
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What Are the Key Growth Drivers Fueling the Smart Bathroom Market Expansion?
The escalating need for smart homes is contributing to the expansion of the smart bathroom market. Growth in disposable income is resulting in the transition to intelligent homes that are equipped with more innovative technology, such as voice command, internet connectivity, and Bluetooth-enabled devices. For example, RubyHome, a US real estate firm, reported in August 2023 that 63.43 million homes in the US utilize smart home devices, with approximately seven out of ten homebuyers keen to purchase a smart home. Consequently, this heightened demand for intelligent homes is propelling the smart bathroom market's development.
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What Are the Key Trends Driving Smart Bathroom Market Growth?
Major players in the smart bathroom industry are honing in on the creation of smart bathrooms that benefit from rapid heating technology, aimed at improving comfort and overall bathroom experience for users. Smart bathrooms boast fast heating systems that speedily warm specified regions of a bathroom, amplifying convenience and effectiveness. As an illustration, in September 2024, Xiaomi Inc., a company specializing in consumer electronics and smart manufacturing in China, released the Mijia Smart Bathroom Heater N1. This device, equipped with rapid heating technology, has the capability to increase temperature by 15°C (~32°F) within just a minute's time. It also comes featuring smart commands, a sterilization function, and a light panel, making it a suitable fitting for contemporary bathrooms.
How Is the Smart Bathroom Market Segmented?
The smart bathroommarket covered in this report is segmented -
1) By Product: Hi-Tech Toilets, Soaking Tubs, Digital Faucets, Other Products
2) By Connectivity: Bluetooth, Wi-Fi, 3G
3) By Distribution: Offline, Online
4) By Application: Commercial, Residential
Subsegments:
1) By Hi-Tech Toilets: Bidet Toilets, Smart Flush Toilets, Self-Cleaning Toilets
2) By Soaking Tubs: Smart Bathtubs with Jets, Heated Soaking Tubs, Bluetooth-Enabled Tubs
3) By Digital Faucets: Touchless Faucets, Digital Temperature Control Faucets, Water-Saving Faucets
4) By Other Products: Smart Shower Systems, LED Showerheads, Intelligent Mirrors
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Which Companies Are Leading the Charge in Smart Bathroom Market Innovation?
Major companies operating in the smart bathroom market include LIXIL Group Corporation, MASCO Corporation, Kohler Co, Toto Ltd., Bio Bidet, American Standard Brands LLC, Roca Sanitario SA, GROHE AG, Bradley Corporation, Jaquar Group Co Ltd., Villeroy & Boch AG, RAK Ceramics P.J.S.C, Duravit AG, Moen Incorporated, Delta Faucet Company, Sloan Valve Company, Symmons Industries Inc., Ove Decors, The Chicago Faucet Company, Jacuzzi Brands LLC, Kallista Co, Brondell Inc., Aquatica Plumbing Group, Aquamoon LLC, Novellini Spa
Which Regions Are Leading the Global Smart Bathroom Market in Revenue?
North America was the largest region in the smart bathroom market in 2024 and is expected to be the fastest-growing region in the forecast period. The regions covered in the smart bathroom market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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