Market revenue in 2022 | USD 376.8 million |
Market revenue in 2030 | USD 908.3 million |
Growth rate | 11.6% (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 |
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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 shower market will help companies and investors design strategic landscapes.
Offline was the largest segment with a revenue share of 69.98% in 2022. Horizon Databook has segmented the U.S. smart shower market based on offline, online covering the revenue growth of each sub-segment from 2018 to 2030.
As per The Ambient, the U.S. has the highest number of smart home devices, with a penetration rate of 32.4% and an estimated total of 41.3 million smart homes. Additionally, it is estimated that the U.S. will have over 63 million smart homes by 2022.
This, in turn, is creating new growth opportunities for the regional players to gain market shares by offering technologically advanced products to consumers. The smart faucet segment is estimated to be the fastest-growing segment in the country.
According to the NSF, sink handles contain more than 600 times more microorganisms per square inch than a toilet handle. Additionally, as per a recent survey commissioned by Kohler Co. and conducted online by The Harris Poll among 2,000 U.S. adults on Touchless Technology (in June 2020), of those participants who identified as parents with children under 18 years old, 76% agreed that a touchless faucet would create a more hygienic environment.
Horizon Databook provides a detailed overview of country-level data and insights on the U.S. smart shower market , including forecasts for subscribers. This country databook contains high-level insights into U.S. smart shower market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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