Smart Shower Market 2024 | Market Size, Key Drivers, Industry Developments, Share, Future Growth Prospects and Forecast To 2033

 

The Smart Shower Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).

 

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According to The Business Research Company’s Smart Shower Global Market Report 2024, The smart shower market size has grown rapidly in recent years. It will grow from $1.24 billion in 2023 to $1.4 billion in 2024 at a compound annual growth rate (CAGR) of 12.4%.  The  growth in the historic period can be attributed to increased  focus on health and wellness, expansion of internet of things (iot), smart city initiatives, climate change concerns, increased consumer demand for automation.

 

The smart shower market size is expected to see rapid growth in the next few years. It will grow to $2.18 billion in 2028 at a compound annual growth rate (CAGR) of 11.8%.  The growth in the forecast period can be attributed to rising consumer awareness, integration with smart home ecosystems, energy efficiency concerns, increasing disposable income, government initiatives for water conservation. Major trends in the forecast period include biometric integration, ai-driven personal assistants, water recycling systems, augmented reality (AR) shower design, hybrid water heating systems.

 

Increasing demand for smart home automation is expected to propel the growth of the smart shower market. Smart home automation integrates technology to automate and control functions like lighting or security. Smart home automation uses smart showers to enhance user comfort and energy efficiency by allowing remote control, personalized presets, and automated features, ensuring a luxurious and tailored shower experience while promoting resource conservation and convenience. For instance, in June 2022, according to Mortgage Cadence LLC, a US-based lending software and platform company, Americans spent $1,172 on smart home technology, and they are willing to spend an average of $2,475. Therefore, increasing demand for smart home automation is driving the growth of the smart shower market.

 

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The smart shower market covered in this report is segmented –

1) By Product Type: Smart Shower Systems, Smart Shower Heads, Smart Shower Accessories

2) By Technology: Digital Showers, Voice Activated Showers, Wi-Fi Connectivity, Bluetooth Connectivity

3) By Application: Residential , Commercia

4) By Distribution Channel: Online, Offline

 

Top Major Players

LIXIL Corporation

Masco Corporation

Kohler Co.

TOTO LTD.

Jeld Wen Inc.

 

Major companies operating in the smart shower market are developing innovative products, such as the modern shower range, to introduce a new range of modern and innovative shower products that offer high performance, water-saving capabilities, and unique design features. A modern shower range typically refers to a collection of contemporary shower products that incorporate the latest design trends, innovative features, and high performance. For instance, in January 2023, Hansgrohe SE, a Germany-based manufacturing company, launched the Pulsify smart shower modern range in the UK, which offers customers daily luxury shower routines at home with various options such as hand showers, a wall bar, and multiple overhead shower options. The Pulsify shower collection features the company's powder rain spray technology, which provides an extraordinary shower experience. The collection is designed to fit perfectly into different shower spaces, making it suitable for both large and small bathrooms.

 

The smart shower market report table of contents includes:

1. Executive Summary

2. Smart Shower Market Characteristics

3. Smart Shower Market Trends And Strategies

4. Smart Shower Market - Macro Economic Scenario

5. Global Smart Shower Market Size and Growth

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32. Global Smart Shower Market Competitive Benchmarking

33. Global Smart Shower Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Smart Shower Market

35. Smart Shower Market Future Outlook and Potential Analysis

36. Appendix

 

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