New
York, NY Dec 10 2019:
The global Smart Bathroom Market size is anticipated to reach USD 9775.4
million by 2026, according to a new study published by Polaris Market Research.
In 2017, the smart toilet segment dominated the overall market followed by
touchless faucets. The North American region dominated the global market, in
terms of revenue in 2017.
The growing demand for automation along with increasing
costs associated with energy use increases the demand for Smart Bathroom
solutions. The increasing integration of smart bathrooms in the development of
smart homes, along with government regulations regarding energy use and
emissions support the market growth. The rising adoption of Internet of Things
(IoT), and smart devices boosts the adoption of smart bathroom solutions. Other factors driving the market growth
include growing penetration of mobile devices, technological advancements, and
adoption of home automation solutions. New emerging markets, emerging consumer
demographics, and increasing awareness among consumers regarding efficient
energy use would provide growth opportunities for Smart Bathroom industry in
the coming years.
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There has been an increasing use of digital faucets to
conserve water and energy. Digital faucets decrease tap flow and manage digital
temperature-control settings, conserving money and water. It uses infrared tap
technology to monitor the user and turn off upon sensing removal of user’s
hands from under the faucet. It uses programmable features, such as timed
shower setting or a teeth-brushing option that runs for an allotted time frame.
Google has filed patents to enhance its offerings in this
industry. The patents exhibit toilet seats and bath mats with embedded sensors
with the capability to measure heart rate and body electrical patterns. It also
describes a non-invasive camera in the bathroom mirror to detect skin color.
These features provide health updates to users to monitor health regularly.
The primary factors driving the market growth in the North
American region include established telecommunication industry and cloud
infrastructure, rising penetration of mobile devices, technological
advancements, and high investment in R&D. The introduction of favorable
government regulations regarding energy usage and emissions, and rising
awareness regarding use of energy efficient equipment boost the market in North
America. The increasing concerns regarding personal hygiene, high disposable
incomes, increasing development of smart homes, and growing adoption of
connected devices and IoT further increase the demand of Smart Bathrooms in the
region.
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The
well-known companies profiled in the smart bathroom market report include Toto
Ltd, Masco Corporation, Kohler Co., Duravit AG, Roca Sanitario S.A, Bradley
Corporation, American Standard Brands, Cera Sanitaryware Ltd., Delta Faucet
Company, and LIXIL Group Corporation. These companies launch new products and
collaborate with other market leaders in the smart bathroom industry to
innovate and launch new products to meet the increasing needs and requirements
of consumers.
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www.polarismarketresearch.com
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