According to the latest report by IMARC Group, titled “Smart Bathroom Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a comprehensive analysis of the industry, which comprises insights on the global smart bathroom market size. The report also includes competitor and regional analysis, and contemporary advancements in the market.
The global smart bathroom market reached a value of US$ 2.4 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 4.1 Billion by 2027, exhibiting at a CAGR of 9.51% during 2022-2027. Smart bathrooms include automated plumbing systems that can be controlled remotely via smartphones and tablets. They comprise of numerous environment-friendly solutions and advanced technological hardware, including touchless faucets, sensor-enabled soap dispensers, automated cistern systems, centralized HVAC, etc. Additionally, smart bathrooms provide various benefits, including enhanced convenience, increased energy efficiency, flexible environment for disabled and geriatric users, etc.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Important Attribute and highlights of the Report:
Global Smart Bathroom Market Trends:
The growing number of modern housing projects and home remodeling activities are among the key factors bolstering the smart bathroom market across the globe. Besides this, the escalating demand for smart bathroom systems on account of rising consumer awareness towards health, hygiene, and energy conservation is also driving the market growth. Furthermore, the increasing popularity of smart bathrooms across residential and non-residential establishments is acting as another significant growth-inducing factor. Apart from this, the rising need for the transformation of conventional homes into smart homes is positively influencing the global market. Moreover, the development of advanced bathroom variants, such as those integrated with voice assistants, is anticipated to stimulate the smart bathroom market over the forecasted period.
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Key Market Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
Breakup by Product:
Breakup by Distribution Channel:
Breakup by End-Use Industry:
Breakup by Region:
Key highlights of the Report:
TOC for the Report:
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.