Smart Bathroom Market Research Report - Global Forecast 2023

Global Smart Bathroom Market Research Report: Information by Product Type (Hi-Tech Toilets, Soaking Tubs, Digital Faucets and others), by Connectivity (Bluetooth, Wi-Fi and 3G), by End User (Commercial and Residential), by Region (North America, Europe, Asia-Pacific and Rest of the World) - Forecast till 2023

ID: MRFR/SEM/3413-CR | July 2019 | Region: Bric | 111 pages

Market Snapshot


The Global Smart Bathroom Market is expected to register a 10.74% CAGR, witnessing substantial growth during the forecast period. The market was valued at USD 5.92 billion in 2017; it is expected to reach USD 10.93 billion by 2023. Europe accounted for the most considerable market value of USD 2.42 billion in 2017; however, Asia-Pacific is expected to register a CAGR of 12.13% during the forecast period.


With the advent of the Internet of Things and growing demand for automation, the smart bathroom market is anticipated to witness significant growth during the forecast period. Introduction of hi-tech toilets and soaking tubs has had a positive impact on the growth of smart bathroom market. Also, the increase in popularity of digital faucets is expected to drive the growth of the smart bathroom market. Giants like Kohler, LIXIL, and TOTO, among others, are coming up with various smart bathroom products and accessories to make the bathrooms smarter.


Global Smart Bathroom Market, by End-user (2017 Vs. 2023)
 Smart Bathroom Market


Source: MRFR Analysis


Based on end users, the market has been bifurcated into commercial and end users. The commercial segment accounted for the largest market share in 2017, with a market value of USD 4,883.45 million; it is expected to register the significant CAGR during the forecast period.


Based on product type, the market has been segmented as hi-tech toilets, soaking tubs, digital faucets, and others (including smart windows, and smart mirrors). The hi-tech toilets accounted for the largest market share in 2016; it is expected to register the highest CAGR during the forecast period. Soaking tubs are the second largest segment by product type.


Based on connectivity, the market has been segmented as Bluetooth, Wi-Fi, and 3G. The Bluetooth segment accounted for the largest market share in 2016. Wi-Fi is the second-largest segment, and it is expected to register the highest CAGR during the forecast period due to its ease and flexible characteristics.


Regional Analysis


The global smart bathroom market, by region, has been segmented into Asia-Pacific, North America, Europe, and the rest of the world. Europe is expected to dominate the smart bathroom market during the forecast period due to the increasing demands in the smart technology, a government initiative to develop a network in rural areas, and deployment of high-tech toilets and soaking tubs in the healthcare sector.


Companies Covered


The key players of global smart bathroom market are Roca Sanitario SA (Spain), Toto Ltd (Japan), Kohler Co. (US), LIXIL Group Corporation (Japan), Duravit AG (Germany), Bradley Corporation (US), Fortune Brands (Canada), and Masco Corporation (China).


Key Developments 



  • In January 2018, Masco Corporation unveiled its line of new kitchen and bathroom collections.



  • In January 2018, LIXIL group acquired Sentini Sanitary wares and planned to invest USD 65 million to bolster its ceramics production in the country.



  • In February 2018, Samson Holding acquired Kohler Interiors Group.



  • In March 2017, Duravit introduced its furniture console systems ranging in two different thickness (30 & 45 mm). The consoles can be integrated with bathroom designs, including above counter washbasins.


Segmentation



  • By Product Type: Hi-tech toilets, soaking tubs, digital faucets, and others

  • By Connectivity: Bluetooth, Wi-Fi, and 3G

  • By End User: Commercial and residential

  • By Region: North America, Asia-Pacific, Europe, and the rest of the world


Key questions addressed by the report



  • What was the historic market size (2015)?

  • Which segmentation (component/solution/industry) is driving the market growth?

  • What will be the growth rate by 2023?

  • Who are the key players in this market?

  • What are the strategies adopted by key players?



Frequently Asked Questions (FAQ) :


By product type, the segments covered for the study are hi-tech toilets, digital faucets, soaking tubs, and others.

The smart bathroom market, across the forecast period, is expected to register 10.74% CAGR.

The smart bathroom market is supposed to be valued at USD 10.93% CAGR over 2023.

The key players assessed in the share analysis are - Fortune Brands (Canada), Roca Sanitario SA (Spain), Kohler Co. (US), Toto Ltd (Japan), LIXIL Group Corporation (Japan), Bradley Corporation (US), Duravit AG (Germany), and Masco Corporation (China).

By connectivity, the segments assessed are Bluetooth, Wi-Fi, and 3G.

Europe is expected to lead the global smart bathroom market.

The Bluetooth segment held the maximum share in 2016 and is poised to contribute substantially to revenue generation through the assessment period.

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TABLE OF CONTENT

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Research Objectives

2.2.2 Assumptions

2.2.3 Limitations

2.3 Market Structure

3.1 Research Process

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

3.5 Forecast Model

4.1 Introduction

4.2 Drivers

4.2.1 Concern Regarding Energy Conservation & Hygiene Maintenance

4.2.2 Increasing Aging Population

4.2.3 Growing Population & Urbanization

4.3 Restraints

4.3.1 High Costs of Implementation

4.3.2 Dominance of Traditional Bathrooms over Smart Bathrooms

4.4 Opportunity

4.4.1 Increasing Awareness of Sanitization in Rural Sector

4.5 Challenges

4.5.1 Technical Complexity

5.1 Supply Chain Analysis

5.1.1 Component Manufacturers

5.1.2 System Assemblers

5.1.3 Distribution Channel

5.1.4 Customer/End-User

5.2 Porter’s Five Force Analysis

5.2.1 Threat of New Entrants

5.2.2 Threat of Rivalry

5.2.3 Threat of Substitute

5.2.4 Bargaining Power of Supplier

5.2.5 Bargaining Power of Buyer

6.1 Introduction

6.2 Hi-Tech Toilets

6.3 Soaking tubs

6.4 Digital faucets

7.1 Introduction

7.2 Bluetooth

7.3 Wi-Fi

7.4 3G

8.1 Introduction

8.2 Commercial

8.3 Residential

9.1 Introduction

9.2 North America

9.2.1 PESTL Analysis

9.2.2 US

9.2.3 Canada

9.2.4 Mexico

9.3 Europe

9.3.1 PESTL Analysis

9.3.2 UK

9.3.3 Germany

9.3.4 France

9.3.5 Spain

9.3.6 Italy

9.3.7 Rest of Europe

9.4 Asia-Pacific

9.4.1 PESTL Analysis

9.4.2 China

9.4.3 Japan

9.4.4 India

9.4.5 South Korea

9.4.6 Taiwan

9.4.7 Rest of Asia-Pacific

9.5 Rest of the World

9.5.1 PESTL Analysis

9.5.2 The Middle East & Africa

9.5.3 Latin America

10.1 Market Evolution

10.2 Global Market Share Analysis

11.1 Roca Sanitario SA

11.1.1 Company Overview

11.1.2 Financials

11.1.3 Products

11.1.4 Strategy

11.1.5 Key Developments

11.2 Toto Ltd

11.2.1 Company Overview

11.2.2 Financials

11.2.3 Products

11.2.4 Strategy

11.2.5 Key Developments

11.3 Kohler Co. (US)

11.3.1 Company Overview

11.3.2 Financials

11.3.3 Products

11.3.4 Strategy

11.3.5 Key Developments

11.4 LIXIL Group Corporation

11.4.1 Company Overview

11.4.2 Financials

11.4.3 Products

11.4.4 Strategy

11.4.5 Key Developments

11.5 Duravit AG

11.5.1 Company Overview

11.5.2 Financials

11.5.3 Products

11.5.4 Strategy

11.5.5 Key Developments

11.6 Bradley Corporation

11.6.1 Company Overview

11.6.2 Financials

11.6.3 Products

11.6.4 Strategy

11.6.5 Key Developments

11.7 Fortune Brands

11.7.1 Company Overview

11.7.2 Financials

11.7.3 Products

11.7.4 Strategy

11.7.5 Key Developments

11.8 Masco Corporation

11.8.1 Company Overview

11.8.2 Financials

11.8.3 Products

11.8.4 Strategy

11.8.5 Key Developments

TABLE 1 GLOBAL SMART BATHROOM MARKET, BY PRODUCT TYPE, 2017–2023 (USD MILLION)

TABLE 2 GLOBAL SMART BATHROOM MARKET, BY CONNECTIVITY, 2017–2023 (USD MILLION)

TABLE 3 GLOBAL SMART BATHROOM MARKET, BY END USER, 2017–2023 (USD MILLION)

TABLE 4 GLOBAL SMART BATHROOM MARKET, BY REGION, 2017–2023 (USD MILLION)

TABLE 5 GLOBAL SMART BATHROOM MARKET: MARKET SIZE AND MARKET POTENTIAL IN MAJOR COUNTRIES (USD MILLION)

TABLE 6 NORTH AMERICA SMART BATHROOM MARKET, BY PRODUCT TYPE, 2017–2023 (USD MILLION)

TABLE 7 NORTH AMERICA SMART BATHROOM MARKET, BY CONNECTIVITY, 2017–2023 (USD MILLION)

TABLE 8 NORTH AMERICA SMART BATHROOM MARKET, BY END USER, 2017–2023 (USD MILLION)

TABLE 9 US SMART BATHROOM MARKET, BY PRODUCT TYPE, 2017–2023 (USD MILLION)

TABLE 10 US SMART BATHROOM MARKET, BY CONNECTIVITY, 2017–2023 (USD MILLION)

TABLE 11 US SMART BATHROOM MARKET, BY END USER, 2017–2023 (USD MILLION)

TABLE 12 CANADA SMART BATHROOM MARKET, BY PRODUCT TYPE, 2017–2023 (USD MILLION)

TABLE 13 CANADA SMART BATHROOM MARKET, BY CONNECTIVITY, 2017–2023 (USD MILLION)

TABLE 14 CANADA SMART BATHROOM MARKET, BY END USER, 2017–2023 (USD MILLION)

TABLE 15 MEXICO SMART BATHROOM MARKET, BY PRODUCT TYPE, 2017–2023 (USD MILLION)

TABLE 16 MEXICO SMART BATHROOM MARKET, BY CONNECTIVITY, 2017–2023 (USD MILLION)

TABLE 17 MEXICO SMART BATHROOM MARKET, BY END USER, 2017–2023 (USD MILLION)

TABLE 18 EUROPE SMART BATHROOM MARKET, BY COUNTRY, 2017–2023 (USD MILLION)

TABLE 19 EUROPE SMART BATHROOM MARKET, BY PRODUCT TYPE, 2017–2023 (USD MILLION)

TABLE 20 EUROPE SMART BATHROOM MARKET, BY CONNECTIVITY, 2017–2023 (USD MILLION)

TABLE 21 EUROPE SMART BATHROOM MARKET, BY END USER, 2017–2023 (USD MILLION)

TABLE 22 UK SMART BATHROOM MARKET, BY PRODUCT TYPE, 2017–2023 (USD MILLION)

TABLE 23 UK SMART BATHROOM MARKET, BY CONNECTIVITY, 2017–2023 (USD MILLION)

TABLE 24 UK SMART BATHROOM MARKET, BY END USER, 2017–2023 (USD MILLION)

TABLE 25 GERMANY SMART BATHROOM MARKET, BY PRODUCT TYPE, 2017–2023 (USD MILLION)

TABLE 26 GERMANY SMART BATHROOM MARKET, BY CONNECTIVITY, 2017–2023 (USD MILLION)

TABLE 27 GERMANY SMART BATHROOM MARKET, BY END USER, 2017–2023 (USD MILLION)

TABLE 28 FRANCE SMART BATHROOM MARKET, BY PRODUCT TYPE, 2017–2023 (USD MILLION)

TABLE 29 FRANCE SMART BATHROOM MARKET, BY CONNECTIVITY, 2017–2023 (USD MILLION)

TABLE 30 FRANCE SMART BATHROOM MARKET, BY END USER, 2017–2023 (USD MILLION)

TABLE 31 SPAIN SMART BATHROOM MARKET, BY PRODUCT TYPE, 2017–2023 (USD MILLION)

TABLE 32 SPAIN SMART BATHROOM MARKET, BY CONNECTIVITY, 2017–2023 (USD MILLION)

TABLE 33 SPAIN SMART BATHROOM MARKET, BY END USER, 2017–2023 (USD MILLION)

TABLE 34 ITALY SMART BATHROOM MARKET, BY PRODUCT TYPE, 2017–2023 (USD MILLION)

TABLE 35 ITALY SMART BATHROOM MARKET, BY CONNECTIVITY, 2017–2023 (USD MILLION)

TABLE 36 ITALY SMART BATHROOM MARKET, BY END USER, 2017–2023 (USD MILLION)

TABLE 37 REST OF EUROPE SMART BATHROOM MARKET, BY PRODUCT TYPE, 2017–2023 (USD MILLION)

TABLE 38 REST OF EUROPE SMART BATHROOM MARKET, BY CONNECTIVITY, 2017–2023 (USD MILLION)

TABLE 39 REST OF EUROPE SMART BATHROOM MARKET, BY END USER, 2017–2023 (USD MILLION)

TABLE 40 ASIA-PACIFIC SMART BATHROOM MARKET, BY COUNTRY, 2017–2023 (USD MILLION)

TABLE 41 ASIA-PACIFIC SMART BATHROOM MARKET, BY PRODUCT TYPE, 2017–2023 (USD MILLION)

TABLE 42 ASIA-PACIFIC SMART BATHROOM MARKET, BY CONNECTIVITY, 2017–2023 (USD MILLION)

TABLE 43 ASIA-PACIFIC SMART BATHROOM MARKET, BY END USER, 2017–2023 (USD MILLION)

TABLE 44 CHINA SMART BATHROOM MARKET, BY PRODUCT TYPE, 2017–2023 (USD MILLION)

TABLE 45 CHINA SMART BATHROOM MARKET, BY CONNECTIVITY, 2017–2023 (USD MILLION)

TABLE 46 CHINA SMART BATHROOM MARKET, BY END USER, 2017–2023 (USD MILLION)

TABLE 47 JAPAN SMART BATHROOM MARKET, BY PRODUCT TYPE, 2017–2023 (USD MILLION)

TABLE 48 JAPAN SMART BATHROOM MARKET, BY CONNECTIVITY, 2017–2023 (USD MILLION)

TABLE 49 JAPAN SMART BATHROOM MARKET, BY END USER, 2017–2023 (USD MILLION)

TABLE 50 INDIA SMART BATHROOM MARKET, BY PRODUCT TYPE, 2017–2023 (USD MILLION)

TABLE 51 INDIA SMART BATHROOM MARKET, BY CONNECTIVITY, 2017–2023 (USD MILLION)

TABLE 52 INDIA SMART BATHROOM MARKET, BY END USER, 2017–2023 (USD MILLION)

TABLE 53 SOUTH KOREA SMART BATHROOM MARKET, BY PRODUCT TYPE, 2017–2023 (USD MILLION)

TABLE 54 SOUTH KOREA SMART BATHROOM MARKET, BY CONNECTIVITY, 2017–2023 (USD MILLION)

TABLE 55 SOUTH KOREA SMART BATHROOM MARKET, BY END USER, 2017–2023 (USD MILLION)

TABLE 56 TAIWAN SMART BATHROOM MARKET, BY PRODUCT TYPE, 2017–2023 (USD MILLION)

TABLE 57 TAIWAN SMART BATHROOM MARKET, BY CONNECTIVITY, 2017–2023 (USD MILLION)

TABLE 58 TAIWAN SMART BATHROOM MARKET, BY END USER, 2017–2023 (USD MILLION)

TABLE 59 REST OF ASIA-PACIFIC SMART BATHROOM MARKET, BY PRODUCT TYPE, 2017–2023 (USD MILLION)

TABLE 60 REST OF ASIA-PACIFIC SMART BATHROOM MARKET, BY CONNECTIVITY, 2017–2023 (USD MILLION)

TABLE 61 REST OF ASIA-PACIFIC SMART BATHROOM MARKET, BY END USER, 2017–2023 (USD MILLION)

TABLE 62 REST OF THE WORLD SMART BATHROOM MARKET, BY COUNTRY, 2017–2023 (USD MILLION)

TABLE 63 REST OF THE WORLD SMART BATHROOM MARKET, BY PRODUCT TYPE, 2017–2023 (USD MILLION)

TABLE 64 REST OF THE WORLD SMART BATHROOM MARKET, BY CONNECTIVITY, 2017–2023 (USD MILLION)

TABLE 65 REST OF THE WORLD SMART BATHROOM MARKET, BY END USER, 2017–2023 (USD MILLION)

TABLE 66 THE MIDDLE EAST & AFRICA SMART BATHROOM MARKET, BY PRODUCT TYPE, 2017–2023 (USD MILLION)

TABLE 67 THE MIDDLE EAST & AFRICA SMART BATHROOM MARKET, BY CONNECTIVITY, 2017–2023 (USD MILLION)

TABLE 68 THE MIDDLE EAST & AFRICA SMART BATHROOM MARKET, BY END USER, 2017–2023 (USD MILLION)

TABLE 69 LATIN AMERICA SMART BATHROOM MARKET, BY PRODUCT TYPE, 2017–2023 (USD MILLION)

TABLE 70 LATIN AMERICA SMART BATHROOM MARKET, BY CONNECTIVITY, 2017–2023 (USD MILLION)

TABLE 71 LATIN AMERICA SMART BATHROOM MARKET, BY END USER, 2017–2023 (USD MILLION)

FIGURE 1 TOP DOWN & BOTTOM UP APPROACH

FIGURE 2 FORECAST MODEL

FIGURE 3 DRO OF GLOBAL SMART BATHROOM MARKET

FIGURE 4 SUPPLY CHAIN ANALYSIS

FIGURE 5 PORTER’S FIVE FORCES ANALYSIS OF GLOBAL SMART BATHROOM MARKET

FIGURE 6 GLOBAL SMART BATHROOM MARKET, BY PRODUCT TYPE, 2015–2023 (USD MILLION)

FIGURE 7 GLOBAL SMART BATHROOM MARKET, BY CONNECTIVITY, 2017–2023 (USD MILLION)

FIGURE 8 GLOBAL SMART BATHROOM MARKET, BY END USER, 2017–2023 (USD MILLION)

FIGURE 9 GLOBAL SMART BATHROOM MARKET, BY REGION, 2017–2023 (USD MILLION)

FIGURE 10 GLOBAL SMART BATHROOM MARKET, BY REGION: IMPACT ANALYSIS

FIGURE 11 NORTH AMERICAS SMART BATHROOM MARKET PESTL ANALYSIS, BY COUNTRY

FIGURE 12 NORTH AMERICA SMART BATHROOM MARKET, BY COUNTRIES, 2017–2023 (USD MILLION)

FIGURE 13 NORTH AMERICA SMART BATHROOM MARKET, BY COUNTRY, 2017–2023 (USD MILLION)

FIGURE 14 NORTH AMERICA SMART BATHROOM MARKET, BY PRODUCT TYPE, 2017–2023 (USD MILLION)

FIGURE 15 NORTH AMERICA SMART BATHROOM MARKET, BY CONNECTIVITY, 2017–2023 (USD MILLION)

FIGURE 16 NORTH AMERICA SMART BATHROOM MARKET, BY END USER, 2017–2023 (USD MILLION)

FIGURE 17 EUROPE SMART BATHROOM MARKET PESTL ANALYSIS, BY COUNTRY

FIGURE 18 EUROPE SMART BATHROOM MARKET, BY COUNTRY, 2017–2023 (USD MILLION)

FIGURE 19 EUROPE SMART BATHROOM MARKET, BY PRODUCT TYPE, 2017–2023 (USD MILLION)

FIGURE 20 EUROPE SMART BATHROOM MARKET, BY CONNECTIVITY, 2017–2023 (USD MILLION)

FIGURE 21 EUROPE SMART BATHROOM MARKET, BY END USER, 2017–2023 (USD MILLION)

FIGURE 22 ASIA-PACIFIC SMART BATHROOM MARKET PESTL ANALYSIS, BY COUNTRY

FIGURE 23 ASIA-PACIFIC SMART BATHROOM MARKET, BY COUNTRY, 2017–2023 (USD MILLION)

FIGURE 24 ASIA-PACIFIC SMART BATHROOM MARKET, BY PRODUCT TYPE, 2017–2023 (USD MILLION)

FIGURE 25 ASIA-PACIFIC SMART BATHROOM MARKET, BY CONNECTIVITY, 2017–2023 (USD MILLION)

FIGURE 26 ASIA-PACIFIC SMART BATHROOM MARKET, BY END USER, 2017–2023 (USD MILLION)

FIGURE 27 REST OF THE WORLD SMART BATHROOM MARKET PESTL ANALYSIS, BY COUNTRY

FIGURE 28 REST OF THE WORLD SMART BATHROOM MARKET, BY COUNTRY, 2017–2023 (USD MILLION)

FIGURE 29 REST OF THE WORLD SMART BATHROOM MARKET, BY PRODUCT TYPE, 2017–2023 (USD MILLION)

FIGURE 30 REST OF THE WORLD SMART BATHROOM MARKET, BY CONNECTIVITY, 2017–2023 (USD MILLION)

FIGURE 31 REST OF THE WORLD SMART BATHROOM MARKET, BY END USER, 2017–2023 (USD MILLION)

FIGURE 32 GLOBAL MARKET SHARE 2017 (%)