Dublin, March 14, 2022 (GLOBE NEWSWIRE) -- The "U.S. Smart Bathroom Market - Industry Outlook & Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
U.S. smart bathroom market is expected to grow at a CAGR of 10.48% during 2022-2027.The increasing smart home penetration across the country is driving the demand for smart bathrooms in recent years. Due to the increasing luxury lifestyles, there is a rise in the construction of smart homes, which leads to the installation of smart bathrooms.
The smart faucet segment is expected to witness an absolute growth of over 90% by the end of 2027. The hospitality industry in the US is growing at a significant rate, and the demand for smart bathrooms in this sector is rising considerably.
Hotels are majorly focusing on providing a beautiful appearance and aesthetics to the rooms; hence, a significant number of smart bathroom products are being installed in the hospitality sector.
The majority of the population in the country is tech-savvy and is aware of the various benefits of the latest technologies and smart products in terms of convenience and aesthetics. Therefore, the adoption rate of smart products is high in the country. The demand for smart bathrooms is being driven by various sectors such as residential and commercial construction, hospitality, and more.The US smart bathrooms market is highly competitive due to the presence of many large and small vendors. Many players are focusing on developing innovative products and investing in R&D initiatives to expand their product portfolios.
Although established players dominate the market, there are tremendous growth opportunities for new entrants that produce low-cost products to target the developing end-markets.
MARKET OPPORTUNITIES AND TRENDS
Key Vendors
Other Prominent Vendors
Key Topics Covered:1 Research Methodology2 Research Objectives3 Research Process4 Scope & Coverage4.1 Market Definition4.2 Base Year4.3 Scope of the Study4.4 Market Segments5 Report Assumptions & Caveats5.1 Key Caveats5.2 Currency Conversion5.3 Market Derivation6 Market at a Glance7 Introduction7.1 Overview7.2 Construction Insights7.3 Growing Adoption of 5G & Smartphone Penetration7.4 Smart Trends in Bathroom Technology7.4.1 Smart Tech for Comfort7.4.2 Smart Tech for Convenience7.4.3 Smart Tech for Health7.4.4 Smart Tech for Efficiency7.4.5 Smart Tech for Enjoyment7.5 Popularity of Voice-First Technology7.6 Connectivity7.6.1 Bluetooth7.6.2 Wi-Fi7.7 Preferred Features for Smart Bathrooms7.7.1 Integration With Ai & IoT Devices7.7.2 Improved Health7.7.3 Customization Options7.8 Rising Modular Construction7.9 Value Chain7.9.1 Overview7.9.2 Raw Material Suppliers7.9.3 Manufacturers7.9.4 Third-Party Distributors/Dealers7.9.5 Wholesalers/Retailers7.9.6 End-Users7.10 Economic Analysis7.10.1 Population7.10.2 Income7.11 Impact of Covid-198 Market Opportunities & Trends8.1 Growing Home Renovation Market in US8.2 Increasing Adoption of Smart Homes8.3 Development of Next-Generation Smart Airports8.4 Preventing Spread of Hospital-Acquired Infections8.4.1 How Can Bathroom Fixtures Stop HAIs9 Market Growth Enablers9.1 Growth in Tourism & Hospitality Industry9.2 Growth of Digital & Connected Technologies (Iot)9.3 Unprecedented Urbanization in US9.4 Increasing Disposable Income10 Market Restraints10.1 High Investment & Maintenance Costs10.2 Volatility in Raw Material Prices10.3 Water Quality Issues Like Hard Water11 Market Landscape11.1 Market Size & Forecast11.2 Distribution Insights11.3 Adoption of Smart Bathrooms by Region11.4 Five Forces Analysis12 Product12.1 Market Snapshot & Growth Engine12.2 Market Overview12.3 Smart Toilets12.4 Smart Soap Dispensers12.5 Smart Faucets12.6 Smart Showers12.7 Smart Tubs12.8 Smart Hand Dryers13 End-User13.1 Market Snapshot & Growth Engine13.2 Market Overview13.3 Commercial13.4 Residential14 Distribution Channel14.1 Market Snapshot & Growth Engine14.2 Market Overview14.3 Offline14.4 Online15 Region15.1 Market Snapshot & Growth Engine15.2 Region Overview
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