The Smart Bathroom Global Market Report 2023, provides comprehensive information on the smart bathroom market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Smart Bathroom Global Market Report 2023, the market size is expected to grow from $4.26 billion in 2022 to $4.7 billion in 2023 at a compound annual growth rate (CAGR) of 10.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the smart bathroom is expected to grow to $6.86 billion in 2027 at a CAGR of 9.9%.
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Technological advancement is a key trend gaining popularity in the smart bathroom market. Major companies in smart bathroom market are advancing in their new technologies and research and developments in the smart bathroom market. For instance, in May 2020, Jacuzzi, a US based manufacturer and distributor of branded baths launched Smarttub system. Smarttub is customized, remote monitored bath tub that sends real time alerts and diagnostics to dealer. It also changes temperature, lighting and jets based on the preference of the user.
The smart bathroom market 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
North America was the largest region in the smart bathroom market in 2022.
The table of contents in TBRC’s smart bathroom market report includes:
1. Executive Summary
2. Smart Bathroom Market Characteristics
3. Smart Bathroom Market Trends And Strategies
4. Smart Bathroom Market – Macro Economic Scenario
5. Smart Bathroom Market Size And Growth
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26. Africa Smart Bathroom Market
27. Smart Bathroom Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Smart Bathroom Market
29. Smart Bathroom Market Future Outlook and Potential Analysis
30. Appendix
Top Major Players:
- American Standard Brands
- Bradley Corporation
- CeraSanitaryware Limited
- Delta Faucet Company
- Jacuzzi
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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