Germany Smart Shower Market Size & Outlook, 2022-2030
Germany smart shower market, 2018-2030 (US$M)
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Germany smart shower market highlights
- The Germany smart shower market generated a revenue of USD 62.6 million in 2022 and is expected to reach USD 149.4 million by 2030.
- The Germany market is expected to grow at a CAGR of 11.5% from 2023 to 2030.
- In terms of segment, offline was the largest revenue generating distribution channel in 2022.
- Online is the most lucrative distribution channel segment registering the fastest growth during the forecast period.
Smart shower market data book summary
| Market revenue in 2022 | USD 62.6 million |
| Market revenue in 2030 | USD 149.4 million |
| Growth rate | 11.5% (CAGR from 2022 to 2030) |
| Largest segment | Offline |
| Fastest growing segment | Online |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Offline, Online |
| Key market players worldwide | TOTO Ltd, Moen Incorporated, LIXIL Corp, Kohler, Fortune Brands Innovations Inc, American Water Works Co Inc, Roca Corporacion Empresarial, Dornbracht |
Other key industry trends
- In terms of revenue, Germany accounted for 5.6% of the global smart shower market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, UK smart shower market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 188.0 million by 2030.
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Smart Shower Market Scope
Smart Shower Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany smart shower market outlook
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 shower market will help companies and investors design strategic landscapes.
Offline was the largest segment with a revenue share of 72.04% in 2022. Horizon Databook has segmented the Germany smart shower market based on offline, online covering the revenue growth of each sub-segment from 2018 to 2030.
According to an article published in October 2020 by Bitkom, Germany’s IT association, a recent survey found that 72% users stated that smart homes provide more comfort and enhance the quality of life. Furthermore, 52% of Germans want to see more energy-efficient living.
The high adoption and penetration rate of smart solutions in the country is acting as a major driver for the growth of the smart bathroom market. According to a survey undertaken by the German industry association Bitkom, 41% of all Germans installed at least one smart home product in 2021, with the share steadily increasing over the preceding two years.
Consumer spending on home remodeling is significantly high in Germany. Consumers take loans for home improvements, wherein the kitchen is one of the main areas of focus. Low interest rates have allowed for higher expenditure on various faucets, especially the multifunctional kinds.
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Our clientele includes a mix of smart shower market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany smart shower market , including forecasts for subscribers. This country databook contains high-level insights into Germany smart shower market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany smart shower market size, by distribution channel, 2018-2030 (US$M)
Germany Smart Shower Market Outlook Share, 2022 & 2030 (US$M)
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