Global Intelligent Sanitary Ware Market Size By Product(Smart Toilets, Smart Faucets, Smart Showers), By Application(Commercial Building, and Residential Building), By Geographic Scope And Forecast
Report ID: 218867|No. of Pages: 202
Global Intelligent Sanitary Ware Market Size By Product(Smart Toilets, Smart Faucets, Smart Showers), By Application(Commercial Building, and Residential Building), By Geographic Scope And Forecast
Intelligent Sanitary Ware Market Size And Forecast
Intelligent Sanitary Ware Market size was valued at USD 3,214.42 Million in 2020 and is projected to reach USD 6,663.16 Million by 2028, growing at a CAGR of 10.41% from 2021 to 2028.
Good WASH and waste management practices, that are consistently applied, work as barriers to human-to-human transmission of diseases in communities, homes, schools, health care facilities, and other public spaces. And hence, governments from all across the globe are taking initiatives to improve access to proper sanitation. Therefore, increasing initiatives taken by the public sector to improve access to proper sanitation drives the market growth. The Global Intelligent Sanitary Ware Market report provides a holistic evaluation of the market. The report offers comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
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What is Intelligent Sanitary Ware?
Smart Sanitary ware comprises toilet sinks, washbasins, cisterns, and pedestals. A smart sanitary refers to an automated plumbing and sanitary system which can be controlled through smartphones and other smart devices. It consists of numerous eco-friendly solutions and advanced technological hardware such as touchless faucets, sensor-enabled soap dispensers, and automatic cistern systems, and hand dryers. It also offers centralized control of functions such as lighting, air conditioning and heating, automated doors, digital faucets, soaking tubs, and automatic toilets. Smart sanitary ware provides advantages like convenience, control, cost savings, and increased energy efficiency. Furthermore, it aids in creating a flexible environment for aging and disabled users. The concept of a bathroom has revolutionized drastically and transcended beyond functionality and convenience in recent years. As a result, consumers around the world now perceive these spaces as decompressing zone and are investing in smart sanitary. This is further supported by inflating income levels, the mounting number of nuclear families, and increasing environmental awareness. Moreover, with the rising adoption of IoT to integrate home appliances and devices, and the emerging need to transform conventional homes into smart homes, an increase in the demand for smart bathrooms has been experienced.
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Global Intelligent Sanitary Ware Market Overview
Over the years, as the consciousness of personal hygiene is growing, the need for cleanliness and freshness is also growing continuously. As a result, the demand for safe, sustainable, environmentally friendly products has increased manifold. There are obvious reasons for this direction: people are more conscious and aware of the possibilities and solutions that can make their living and working environments safer, healthier, and more sustainable. For instance, the touchless faucet is a great example of one single device that can increase hygiene remarkably, simultaneously saving water and energy. Thus, with growing awareness regarding health, the demand for an intelligent sanitary ware market is increasing. One of the most cost-effective strategies for improving pandemic preparedness, particularly in resource-constrained settings, is spending on core public health infrastructure, including water and sanitation systems. Good WASH and waste management practices, that are consistently applied, work as barriers to human-to-human transmission of diseases in communities, homes, schools, health care facilities, and other public spaces. And hence, governments from all across the globe are taking initiatives to improve access to proper sanitation. Therefore, increasing initiatives taken by the public sector to improve access to proper sanitation drives the market growth.
The fast pace with which new technologies are developed enhances the increased acceleration of sewage systems intelligence, the pace of their incorporation differs between countries, depending on their culture, strategies, and objectives. In underdeveloped and developing countries, the incorporation of new technologies has been conservative. Thus, some barriers that hinder changes in current technological standards are the technicians approach, the dissociation between technique and politics, the resistance to dialogue between theory and practice, the reductionist performance where one does not seek to understand reality in its complexity, the consideration of technical knowledge as superior, the inability to dialogue, the supremacy of projects with conventional conceptions, and the excessive focus on economic viability. The increase in disposable income in South Asian Countries like India has led the people to invest more in their residence. This has surged a massive demand for sanitary ware in the region.
Global Intelligent Sanitary Ware Market: Segmentation Analysis
The Global Intelligent Sanitary Ware Market is segmented on the basis of Product, Application, and geography.
Intelligent Sanitary Ware Market by Product
- Smart Toilets
- Smart Faucets
- Smart Showers
- Others
Based on Product, the market is bifurcated into Smart Toilets, Smart Faucets, Smart Showers, and Others. Smart Toilets accounted for the largest market share in 2020 and is projected to grow at a CAGR of 10.60% during the forecast period. Smart toilets offer some significant advantages with a range of efficient sensors incorporated in their systems, such as automatic flush, and can sense how much water is needed to perform a flush. This feature reduces the amount of water used compared to a conventional toilet and automatically shuts off when they sense a potential overflow and detects a leak and alert via a smart device, which can save on utility costs.
Intelligent Sanitary Ware Market by Application
- Commercial Building
- Residential
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On the basis of Application, the Global Intelligent Sanitary Ware Market has been segmented into Commercial Building, and Residential. Commercial Building accounted for the largest market share in 2020 and is projected to grow at the highest CAGR during the forecast period. Residential was the second-largest market in 2020, and it is projected to grow at a highest CAGR.
Intelligent Sanitary Ware Market by Geography
- North America
- Europe
- Asia Pacific
- Rest of the world
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On the basis of regional analysis, the Global Intelligent Sanitary Ware Market is classified into North America, Europe, Asia Pacific and Rest of the world. North America accounted for the largest market share and Europe was the second-largest market in 2020. North America is the most developed region in the world in almost all industries including communication, healthcare, life sciences, infrastructure, manufacturing, and technology, amongst others. North America is going to hold the largest market share during the forecasted period due to various driving factors including, the rising demand for IoT based sanitary products amongst the North American population, rise in the number of internets and connected device users across the region, rising need to save water, and the rest others. The rise in the adoption of compatible devices and feasible networks is significantly aiding in the growth of the North American Intelligent Sanitary Ware Market.
Key Players
The “Global Intelligent Sanitary Ware Market” study report will provide a valuable insight with an emphasis on the global market. The major players in the market are LIXIL Group Corporation, TOTO, Roca, Kohler, Duravit AG, Orans Co, INAX Inamoto Corporation, Shanghai Hengjie Sanitary Wares Co., Ltd., and Jaquar & Company Private Limited., and others.
The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
Key Developments
Company Name |
Key Development |
Description |
|---|---|---|
| TOTO | Product Launch |
|
| Roca | Product Launch |
|
| Duravit AG | Product Launch |
|
Report Scope
| Report Attributes | Details |
|---|---|
| Study Period | 2017-2028 |
| Base Year | 2020 |
| Forecast Period | 2021-2028 |
| Historical Period | 2017-2019 |
| Unit | Value (USD Million) |
| Key Companies Profiled | LIXIL Group Corporation, TOTO, Roca, Kohler, Duravit AG, Orans Co, INAX Inamoto Corporation, Shanghai Hengjie Sanitary Wares Co., Ltd., and Jaquar & Company Private Limited., and others. |
| Segments Covered | By Product, By Application, and By Geography. |
| Customization Scope | Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope |
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Data Collection Matrix
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Industry Analysis Matrix
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