Industry Research Report

Friday, 7 May 2021

Livestock Monitoring Market Size, Key Company Profiles, Types, Applications and Forecast

The global livestock monitoring market expected to reach USD 10.93 billion by 2027. according to a new study by Polaris Market Research. The report “Livestock Monitoring Market Share, Size, Trends, Industry Analysis Report, By Animal Type (Cattle, Poultry, Swine, Equine); By Component (Hardware, Software, Services); By Application (Milk Harvesting, Breeding Management, Feeding Management, Animal Health Monitoring & Comfort, Heat Stress, Behavior Monitoring), By Regions; Segment Forecast, 2020 – 2027”

The global livestock monitoring market is driven by the growing need to increase farm productivity, innovations in cattle feed rich in protein, reducing supply chain hiccups, and technological advancements in real-time cattle monitoring. Technology providers attempt to reduce the time-consuming task of cattle monitoring with automated systems at reasonable subscription-based charges. Corporatization of cattle farms across the developed economies also favoring the adoption of such services.

The global livestock monitoring market is fragmented based on animal type, component, application, and region. In terms of animal type, the market is segmented into cattle, poultry, swine, equine, and others. The component segment is further divided into hardware, software, and services. The application segment is further divided into milk harvesting, breeding management, feeding management, animal health monitoring & comfort, heat stress, behavior monitoring, and others.

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Segment Highlights

The cattle market segment accounted for the largest revenue share in 2019 owing to the presence of a high proportion of cattle producers in the form of meat and milk. The segment held over 45% of the market share.

Based on application, the feeding management segment is projected to constitute most of the market in 2027. Innovations in cattle feed to increase productivity, and the emergence of well-maintained cattle farms are primarily responsible for such growth.

North American region is dominating the global livestock monitoring market, holding almost one-third of the market share throughout the forecast period. This high share is due to positive intention to increase farm productivity, rise in per capita consumption, and cost reductions in service offerings with continuously rising competitive rivalry.

The players including Lely International N.V, GEA Farm Technologies, BouMatic, LLC together held a significant market share of the global market in the year 2019.

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List of Key Players of Livestock Monitoring Market

Lely International NV
GEA Farm Technologies
BouMatic, LLC
Antelliq Corporation
Gallagher Group Limited
DeLaval
Afimilk Ltd.
HID Global Corporation
Dairymaster Ltd.
Communications Group Lethbridge Ltd.
Others

Polaris Market Research has segmented the Livestock Monitoring Market report on the basis of animal type, component, application, and region:

Livestock Monitoring Market, Animal Type Outlook (Revenue – USD Million, 2016 – 2027)

Cattle
Poultry
Swine
Equine
Others

Livestock Monitoring Market, Component Outlook (Revenue – USD Million, 2016 – 2027)

Hardware
- Sensors
- GPS
- Others
Software
- On-cloud
- On-premise
Services
- Integration & development
- Maintenance & Support
- Others

Livestock Monitoring Market, Application Outlook (Revenue – USD Million, 2016 – 2027)

Milk Harvesting
Breeding Management
Feeding Management
Animal Health Monitoring & Comfort
Heat stress
Behavior monitoring
Others

Organoids and Spheroids Market Size, Key Company Profiles, Types, Applications and Forecast

The global organoids and spheroids market is expected to reach USD 2.47 billion by 2028 according to a new study by Polaris Market Research. The global organoids and spheroids industry is anticipated to grow, owing to the growing incidence of cancer, innovations in the tissue culture system, and continually failing organ transplantation surgeries. The compatibility between the donor and recipient should be cross-checked through artificial cell culture systems to save time and money.

The global market industry is fragmented based on type, application, end-use, and region. In terms of type, the market is segmented into organoids and spheroids. The application segment is further divided into developmental biology, personalized medicine, regenerative medicine, disease pathology studies, and drug toxicity & efficacy testing. In terms of end-use, the market is segmented into biotechnology and pharmaceutical industries, academic & research institutes, and hospitals and diagnostic centers.

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Segment Highlights

The spheroids market segment accounted for a major revenue share owing to its applicability in cancer research. The segment held over 50.0% of the global share in 2020. However, the organoid segment is expected to witness highest CAGR during the forecast period.
Based on application, the development biology segment is projected to constitute almost half of the market in 2028. This is can be attributed for increased use of cell culture systems in the developmental biology.
North America region is dominating the global organoids and spheroids industry, holding over one-third of the market share throughout the forecast period. The presence of key companies and increasing funding towards research are the factors responsible for its growth

List of Key Players

3D BioMatrix
3D Biotek LLC
AMS Biotechnology (Europe) Limited
Cellesce Ltd.
Corning Incorporated
Greiner Bio-One
Hubrecht Organoid Technology (HUB)
InSphero/Perkin Elmer
Prellis Biologics
Others

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Polaris Market Research has segmented the organoids and spheroids market report on the basis of type, application, end-use, and region

Organoids and Spheroids, Type Outlook (Revenue – USD Million, 2016 – 2028)

By Type
- Organoids
  - By Type
    - Neural
    - Hepatic
    - Intestinal
    - Other
  - By Method
    - General Submerged Method for Organoid Culture
    - Crypt Organoid Culture Techniques
    - Air Liquid Interface (ALI) Method for Organoid Culture
    - Clonal Organoids from Lgr5+ Cells
    - Brain and Retina Organoid Formation Protocol
  - By Source
    - Primary Tissues
    - Stem Cells
- Spheroids
  - By Type
    - Multicellular tumor spheroids (MCTS)
    - Neurospheres
    - Mammospheres
    - Hepatospheres
    - Embryoid bodies
  - By Method
    - Micropatterned Plates
    - Low Cell Attachment Plates
    - Hanging Drop Method
    - Others
  - By Source
    - Cell Line
    - Primary Cell
    - iPSCs Derived Cells

Organoids and Spheroids, Application Outlook (Revenue – USD Million, 2016 – 2028)

Developmental Biology
Personalized Medicine
Regenerative Medicine
Disease Pathology Studies
Drug Toxicity & Efficacy Testing

Organoids and Spheroids, End-Use Outlook (Revenue – USD Million, 2016 – 2028)

Biotechnology & Pharmaceutical Industries
Academic & Research Institutes
Hospitals & Diagnostic Centers

Bacterial and Viral Specimen Market Share Business Opportunities and Latest Trends

The global bacterial and viral specimen collection market size is expected to reach USD 38.85 billion by 2027 according to a new study by Polaris Market Research. The report “Bacterial and Viral Specimen Collection Market Share, Size, Trends, Industry Analysis Report, Product (Bacterial, Viral); By Application (Diagnostics, Research), End-Use (Hospitals & Clinics, Home Testing, Research Laboratories), By Regions; Segment Forecast, 2020 – 2027” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The global bacterial and viral specimen collection market is projected to grow at the rapid pace owing to the recent surge in infectious diseases, concerned investments in the transport media, and positive government policies. Furthermore, emergence of COVID-19 pandemic and the sudden surge need for viral specimen collection kits is expected to drive the market growth.

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The growing production of specimen collection products owing to the increasing incidences of COVID-19 infections across the developed and developing economies is expected to drive demand. Furthermore, the rising demand for rapid medical diagnostic kits owing to high accuracy and quicker results is likely to complement the demand for specimen collection products over the forecast period.

Segment Highlights

The bacterial segment is estimated to account for largest revenue share in the global bacterial and viral specimen collection market owing to the government sponsored immunization and growing bacterial infections across the globe
Diagnostic application segment accounted for the largest share in 2019 on account of the growing need for specimen collection products with the emergence of COVID-19 pandemic along with increasing prevalence of tuberculosis across developing economies
On the basis of end-use, home tests segment is expected to witness fastest growth over the forecast period owing to the availability of wide range of home-based diagnostics products across the developed and developing economies
North America accounted for the highest revenue share in 2019 owing to the presence of improved healthcare infrastructure in terms of microbial specimen collection and highly standardized and technologically enhanced laboratories

List of Key Players

Puritan Medical Products
Hardy Diagnostics
Becton, Dickinson and Company
DiaSorin
COPAN Diagnostics
Thermo Fisher Scientific, Inc.
Others

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Polaris Market Research has segmented the bacterial and viral specimen collection market report on the basis of product, application, end-use, and region

Bacterial and Viral Specimen Collection, By Product Outlook (Revenue – USD Million, 2016 – 2027)

Bacterial Specimen Collection
- Swabs
- Bacterial Transport Media
- Blood Collection Kits
- Others
Viral Specimen Collection
- Swabs
- Bacterial Transport Media
- Blood Collection Kits
- Others

Bacterial and Viral Specimen Collection, By Application Outlook (Revenue – USD Million, 2016 – 2027)

Diagnosis
Research

Bacterial and Viral Specimen Collection, By End-Use Outlook (Revenue – USD Million, 2016 – 2027)

Hospitals and Clinics
Home Testing
Research Laboratories

Biopharma Cold Chain Logistics Market SWOT Analysis, Growth Outlook, by Top Key Players

The global biopharma cold chain logistics market size is expected to reach USD 26.8 Billion by 2027 according to a new study by Polaris Market Research. The Report “Biopharma Cold Chain Logistics Market Share, Size, Trends, Industry Analysis Report, By Component (Storage {Warehouse, and Refrigerated Container}, Transportation {Sea Freight Logistics, Air Freight Logistics, and Overland Logistics}, and Monitoring Components {Hardware [Sensors, RFID Devices, Telematics, and Networking Devices], and Software); By Regions; Segment Forecast, 2020 – 2027” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The global market is anticipated to grow owing to the necessity of cold chain infrastructure in the supply chain network for the temperature sensitive vaccines and drugs, cost containment measures, and technology enabled services for real time monitoring. Moreover, government’s positive initiatives to reduce the wastage and enhancement of services at the local level is also expected to boost the investments in the concerned market.

The market is fragmented based on type, component, and region. In terms of type, the market is segmented into cold and non-cold. Based on component, the biopharma cold chain logistics market is bifurcated as storage, transportation, and monitoring components. Storage segment is further segmented as warehouse, and refrigerated container. Transportation is further segregated as sea freight logistics, air freight logistics, and overland logistics. Monitoring components is bifurcated as hardware and software.

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Segment Highlight :

The storage segment accounted for the largest revenue share in 2019 and is expected to continue its dominance over the forecast period on account of the growing demand for temperature-sensitive pharmaceuticals.
Monitoring components segment is expected to witness significant growth over the projected period on account of the increasing need to maintain safety and integrity of the biopharmaceuticals
North America accounted for the largest revenue share in 2019 owing to the growing demand for biopharma cold chain logistics and presence of several market players operating in the U.S. and Canada

List of Key Players

Air Canada
DB Schenker
Kuehne+ Nagel
United Parcel Service of America, Inc.
Deutsche Post AG

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Polaris Market Research has segmented the biopharma cold chain logistics market report on the basis of component and region

Biopharma Cold Chain Logistics, Component Outlook (Revenue – USD Million, 2016 – 2027)

Storage
Warehouse
Refrigerated Container
Transportation
Sea Freight Logistics
Air Freight Logistics
Overland Logistics
Monitoring Components
Hardware
Sensors
RFID Devices
Telematics
Networking Devices
Software

Biopharma Cold Chain Logistics, Regional Outlook (Revenue – USD Million, 2016 – 2027)

North America (U.S., Canada)
Europe (France, Germany, UK, Spain, Netherlands, Austria)
Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)
Latin America (Brazil, Mexico, Argentina)
MEA (Saudi Arabia, UAE, Israel, South Africa)

Synoptophore Market Size, Key Company Profiles, Types, Applications and Forecast

The global synoptophore market size is predicted to reach USD 293.8 million by 2027 according to a new study by Polaris Market Research. The report “Synoptophore Market Share, Size, Trends, Industry Analysis Report, By Application (Diagnostics and Therapeutics); By Product (Manual and Automated); By End User (Hospitals, Clinics, Others); By Regions; Segment Forecast, 2020 – 2027” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The synoptophore market is expected to witness substantial growth as the instrument is the primary and major choice in several eye imbalance ailments such as squint and benefits associated with synoptophore over other invasive techniques. For instance, as per the American Association for Pediatric Ophthalmology and Strabismus, approximately 4 percent of the U.S. population is affected by strabismus.

Rising prevalence of strabismus and squint in young and adult population coupled with rising incidence of stroke in adolescents is predicted to be the primary supporting factors for market growth. Moreover, increasing awareness for non-invasive techniques is predicted to propel the growth of the global market.

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Furthermore, the additional benefits of synoptophore in several eye defects which includes cyclophoria and retinal correspondence problem is predicted to provide new growth opportunities over the forecast period. The therapeutic use of the device for eccentric fixation and eye related disorders is further predicted to bring productive market growth opportunities.

The major players in the market which are involved in product launches, acquisitions, and collaboration in order to build their product portfolio are: Shanghai Link Instrument Co. Ltd., Nanjing Redsun Optical Co., Ltd.; 6 6 VISION-TECH CO., LTD.; Haag-Streit group; Appasamy Associates; Prkamya Visions; Takagi Seiko Co., Ltd.; Gem Optical Instruments Industries.

In June 2020, Haag Streit completed the acquisition of Germany-based VRMagic providing simulators for the ophthalmology training. The acquisition is expected to complement Haag Streit training to its eye-care professionals. This will place the company as a major player and would enable to increase its footprint.

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Polaris Market Research has segmented the synoptophore market report on the basis of product type, application, end use, and region

Global Synoptophore Market, By Product (Revenue – USD Million, 2016 – 2027)

Manual
Automated

Global Synoptophore Market, By Application (Revenue – USD Million, 2016 – 2027)

Diagnostics
Therapeutics

Global Synoptophore Market, By End-Use (Revenue – USD Million, 2016 – 2027)

Hospitals
Clinics
Others

Global Synoptophore Regional Outlook (Revenue – USD Million, 2016 – 2027)

North America (U.S., Canada)
Europe (France, Germany, UK, Italy, Spain, Netherlands, Austria)
Asia Pacific (Japan, China, India, Malaysia, Indonesia, South Korea)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)

Actigraphy Sensors and PSG Devices Market Size, Key Company Profiles, Types, Applications and Forecast

The Global Actigraphy Sensor And PSG Devices Market Size Is Expected To Reach USD 1.65 Billion By 2027 According To A New Study By Polaris Market Research. The Report “Actigraphy Sensor And PSG Devices Market Share, Size, Trends, Industry Analysis Report, By Product Type (Actigraphy Devices; Polysomnography Devices); By Technology (Wireless, USB, GPS), By Distribution Channel (Retail Stores, Online Retail Stores, Pharmacies, Hospitals, Diagnostic Laboratories, Homecare Settings); By Regions; Segment Forecast, 2020 – 2027” Gives A Detailed Insight Into Current Market Dynamics And Provides Analysis On Future Market Growth.

Actigraphy And PSG Devices Play An Important Role In Management Of Sleep Disorders. Growing Prevalence Of Sleep Disorders And Alterations In Sleeping Patterns Has Led To Sleep Disorders Ranging From Minor Disturbances To Major Sleep Problems. While Chronic Sleep Disorders Make A Crucial Impact On Person’s Quality Of Life And Health, Management Of These Disorders At An Early Phase Is Quite Essential. As Increasing Number Of Patients Are Seeking Diagnostic Services To Secure Accurate Treatment For Sleep Disorders, The Demand For Actigraphy Sensors And PSG Devices Is Continuously Increasing.

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The Market Is Driven By Continuously Increasing Prevalence Of Insomnia, Stressed Lifestyle, Which In Turn Increases The Number Of People With Disturbed Sleep Cycle And Are The Potential Patients For Treatment. Adoption Of These Devices In Diagnostics And Inclusion In Treatment Plan Helps Patients To Achieve Better Patient Outcome. According To The Statistics Published By The Maternal And Child Health Bureau In The U.S., On An Average 60 Million People Suffer With One Or Other Sleeping Pattern Disorder.

With Increase In Demand For These Devices Market Participants Such As Fit Bit, Inc. Has Recently Announced The Launch Of New Enterprise Fit Bit Care, Thus Introducing The Launch Of Breakthrough Platform For Enhancing Wellness And Disease Management. This Platform Features Wide Range Of Devices Which Includes But Not Limited To Wearables And Tracking Devices.

These Lucrative Market Opportunities Are Leading To Mergers & Acquisitions In The Industry With Resmed, Inc. Acquiring Matrixcare And Garmin Ltd Collaborating With Actigraph To Diversify Their Offerings In This Product Segment. Companies Such As Somnomedics Gmbh, Resmed Inc., Recorders & Medicare Systems Pvt Ltd, Natus Medical, Inc., MEDISANA Gmbh, Koninklijke Philips N V, Garmin Ltd, Fitbit, Inc., Compumedics, Ltd, BMC Medical Co, Aetna Inc., And Activinsights Ltd. Are Some Of The Key Players Operating In The Global Market.

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Polaris Market Research Has Segmented The Actigraphy Sensors And PSG Devices Market Report On The Basis Of Product, Technology, And Distribution Channel, And Region

Actigraphy Sensors & PSG Devices Market, Product Outlook (Revenue – USD Million, 2016 – 2027)

Actigraphy Devices
Wrist And Handband Devices
Wearable Devices
Polysomnography Devices
Fixed
Portable

Actigraphy Sensors & PSG Devices Market Technology Outlook (Revenue – USD Million, 2016 – 2027)

Wireless
USB
GPS
Others

Actigraphy Sensors & PSG Devices Market Distribution Channel Outlook (Revenue – USD Million, 2016 – 2027)

Retail Stores
Online Retail Stores
Pharmacies
Hospitals
Diagnostic Laboratories
Homecare Settings

Actigraphy Sensors & PSG Devices Market Regional Outlook (Revenue – USD Million, 2016 – 2027)

North America (U.S., Canada)
Europe (France, Germany, UK, Italy, Spain, Netherlands, Austria)
Asia Pacific (Japan, China, India, Malaysia, Indonesia, South Korea)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)

Thursday, 6 May 2021

Carbon Dioxide Market SWOT Analysis, Growth Outlook, by Top Key Players 2026

The global carbon dioxide (CO2) market is anticipated to reach USD 9.16 billion by 2026 and is anticipated to grow at a CAGR of 3.9 % from 2018 to 2026. The carbon dioxide (CO2) market is anticipated to witness significant growth over the forecast period. Increasing enhanced oil recovery operations by upstream players, in order to maintain their production levels, are expected to boost the market demand. Increasing use of carbon dioxide in application industries such as refrigeration, food & beverages, chemical wholesaling, and pharmaceuticals is projected to propel the market growth.

Growing demand for carbonated drinks and soda water is a major factor contributing to the market growth over the next nine years. The high cost of carbon dioxide capture, liquefaction, and transportation is anticipated to act as the key restraining factor for the market growth. Concerns regarding oversupply of carbon dioxide from numerous potential sources and the subsequent reduction in its price are likely to hamper the market growth.

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The industrial gases can be transported in the gaseous or liquid form via pipelines, ships, and road tankers. Currently, transporting the gas as a solid form is neither cost-effective nor feasible from an energy usage point of view. Pipelines are the most cost-effective mode of transport for large quantities of carbon dioxide. Economies of scale make it economic to transport 1 Mt to 5 Mt per year over 100 km to 500 km or 5 Mt to 20 Mt per year over 500 km to 2,000 km.

To overcome the problems caused by CO2 emission globally, governments have established various regulations and directives on Carbon Capture and Storage (CCS) for the safe storage and transportation of carbon dioxide. These legal frameworks contain provisions regarding the capture and transport components of CCS technology. Globally, government agencies have formulated various regulations for the proper storage and transportation of carbon dioxide. These regulations are beneficial for preventing environmental & health risks. In addition, these regulations also provide security of the carbon dioxide storage sites.

Companies are developing advanced CCS technologies for effectively capturing, purifying, liquefying, and storing of gas. These industry participants are also engaged in development of effective systems for the transportation of CO2, which include ships, pipelines, road and rail, tankers. CCS technology is more effective for CO2 in gas and liquid state.

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An Increase in the number of power plants and chemical industries is also contributing to the carbon dioxide production globally. Companies are installing CCS plants, which could be utilized for industrial use. The increasing demand for carbon dioxide in the end-use industries is a major factor contributing to the market growth. Increasing application of EOR technologies especially in the North American region, owing to a rising number of mature wells, is one of the major factors contributing to the growth of the market.

The rising application of EOR activities on account of an increasing number of matured oil and gas fields, the demand for carbon dioxide for utilization in these activities is also increasing. Hence, the growing carbon dioxide demand for EOR activities is expected to drive the CCS industry over the forecast period.

Since, CO2 is a waste byproduct of human respiration, its medical usage is limited. However, it is considered as one of the major medical gasses. In the medical industry, carbon dioxide is also used in cryotherapy and respiratory stimulation during & after administration anesthesia. In cryotherapy, frozen CO2 snow (–78.5°C) is used for destroying body cells by the process of crystallization. This process can also be used for the removal of skin tag, moles, and warts.

The cost of the carbon dioxide capture and storage technology along with a new plant set up is very high and this may not prove to be a viable solution for many industry players or even countries globally. Therefore, the high cost of CCS is expected to restrain the market in the near future.

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Smart Bathroom Market Size, Key Company Profiles, Types, Applications and Forecast

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.