Market revenue in 2022 | USD 2,436.4 million |
Market revenue in 2030 | USD 6,053.8 million |
Growth rate | 12% (CAGR from 2022 to 2030) |
Largest segment | Smart toilet |
Fastest growing segment | Smart Faucets |
Historical data covered | 2018 - 2021 |
Base year for estimation | 2022 |
Forecast period covered | 2023 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Smart Toilet, Smart Soap Dispenser, Smart Faucets, Smart Showers, Smart Bathroom Mirrors, Smart Bathtubs |
Key market players worldwide | InvestIndustrial Holdings, Villeroy & Boch AG Vorz-Inhaber-Akt stimmrechtslos, Ferguson PLC, Spectrum Brands Holdings Inc, Masco Corp, Grohe, LIXIL Corp, Moen Incorporated, Kohler, Duravit, TOTO Ltd, Fortune Brands Innovations Inc, Knauf |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to smart bathroom market will help companies and investors design strategic landscapes.
Smart toilet was the largest segment with a revenue share of 28.93% in 2022. Horizon Databook has segmented the North America smart bathroom market based on smart toilet, smart soap dispenser, smart faucets, smart showers, smart bathroom mirrors, smart bathtubs covering the revenue growth of each sub-segment from 2018 to 2030.
To combat the stress of the pandemic, some Americans started turning their bathrooms into spa-like sanctuaries, with interactive makeup mirrors, chronotherapy showers, no-touch faucets, and smart showers. Toilets equipped with bidets, heated seats, and automatic wash functions are gaining traction in the U.S. as prices become more accessible.
Additionally, smart bathrooms are being incorporated to counter rising energy costs. The increasing penetration of smart homes and commercial properties in Canada is acting as a major catalyst for market growth in the region. The advanced technologies aimed at energy conservation and maintaining hygiene are majorly driving the North America smart bathroom market. The commercial segment was the largest application segment in the North America smart bathroom market in 2022.
The introduction of new products and technology in the market, specially designed for commercial properties, is acting as a major catalyst for this segment’s growth in the region. Additionally, high expenditure power and growing focus on offering a luxurious experience to consumers is resulting in the increasing penetration and adoption of smart bathroom products in the commercial segment.
Horizon Databook provides a detailed overview of continent-level data and insights on the North America smart bathroom market , including forecasts for subscribers. This continent databook contains high-level insights into North America smart bathroom market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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