Portland, OR -- (SBWire) -- 09/01/2017 --The Smart Bathroom Market is driven by the wide adaptation of smart bathroom products in urban areas. As per the UN, approximately 54% of the global population is residing in urban areas; this percentage is expected to increase up to 66% by 2050. To combat the increasing stress on infrastructure and utilities, construction companies are investing on the development of smart buildings with features such as smart bathrooms to promote sustainable development and efficient energy management. Smart bathrooms enclose optimally integrated various solutions such as smart toilets, automatic flush systems, and automatic faucets. These systems help conserve water and energy.
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Increasing concern on energy conservation, hygiene maintenance, and sustainable development has given rise to the demand for smart bathrooms. For instance, in the U.S., smart bathrooms are gaining importance as they are equipped with advanced technologies that help conserve energy and maintain hygiene. Similarly, in Germany, the government has introduced the concept of smart bathroom in the construction market to control and reduce high energy costs. In India, the growing population & urbanization have led to an increasing demand for energy, water, and housing. To combat this challenge, the government is encouraging the construction of smart buildings.
The smart bathroom market is segmented based on product type, end user, and geography. Based on product type, the market is segmented into smart windows, hand dryers, touchless cisterns, touchless soap dispensers, smart toilets, touchless faucets, and others. Based on end user the market is segmented into residential and commercial. Based on geography, the market is segmented into North America, Europe, Asia-Pacific, and LAMEA.
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Key players that operate in the market include Bradley Corporation, GROHE, Little Giant, Kohler, Moen, Delta, Toto Ltd., Gerber, American Standard, and Sterling Faucet Company.
Global Smart Bathroom Market Forecast, 2017-2023
Increasing concern on energy conservation, hygiene maintenance, and sustainable development has given rise to the demand for smart bathrooms.