NEW
YORK, June 25, 2024 /PRNewswire/ -- The global
smart toilet market size is estimated to grow by USD 6.21 billion from 2024-2028, according to
Technavio. The market is estimated to grow at a CAGR of
10.43% during the forecast period. Rising
demand for water-saving technologies is driving market growth, with
a trend towards ultra-modern bathroom concept gaining popularity.
However, threat of substitute products poses a challenge. Key
market players include Duravit AG, Geberit International Sales AG,
HITECH, Hokwang Industries Co. Ltd., Huida Sanitary Ware Co. Ltd.,
Jaquar India, Kalyani Cleantech, Kohler Co., LIXIL Corp., Moen
Inc., Orans srl, OVE DECORS ULC, Roca Sanitario SA, Seewin
Technology Zhejiang Co. Ltd., Toto Ltd., Villeroy and Boch AG, VOVO
USA, Wellis Hungary Plc, Xiamen
Beewill Sanitary Co. Ltd., and Zhejiang Moershu Sanitary Equipment
Co. Ltd..
Get a detailed analysis on regions, market
segments, customer landscape, and companies - Click for the
snapshot of this report
Forecast
period
|
2024-2028
|
Base Year
|
2023
|
Historic
Data
|
2018 - 2022
|
Segment
Covered
|
Application (Commercial
and Residential), Distribution Channel (Offline and Online), and
Geography (Europe, North America, APAC, Middle East and Africa, and
South America)
|
Region
Covered
|
Europe, North America,
APAC, Middle East and Africa, and South America
|
Key companies
profiled
|
Duravit AG, Geberit
International Sales AG, HITECH, Hokwang Industries Co. Ltd., Huida
Sanitary Ware Co. Ltd., Jaquar India, Kalyani Cleantech, Kohler
Co., LIXIL Corp., Moen Inc., Orans srl, OVE DECORS ULC, Roca
Sanitario SA, Seewin Technology Zhejiang Co. Ltd., Toto Ltd.,
Villeroy and Boch AG, VOVO USA, Wellis Hungary Plc, Xiamen Beewill
Sanitary Co. Ltd., and Zhejiang Moershu Sanitary Equipment Co.
Ltd.
|
Key Market Trends Fueling Growth
The smart toilet market is experiencing significant growth due
to the increasing popularity of ultra-modern bathroom concepts.
These concepts prioritize hygiene, cleanliness, and comfort, and
incorporate advanced gadgets such as digital faucets and high-tech
toilets. Digital faucets conserve water and energy with features
like touchless technology and programmable settings. High-tech
toilets offer temperature-controlled water, seat warmers, and
self-cleaning assistance. Smart gadgets, like refrigerated bathroom
cabinets and LCD shower panels, further enhance the user
experience. Soaking tubs provide an additional luxury element. The
global market for smart toilets is expected to expand as these
innovations continue to shape the bathroom landscape.
The Smart Toilet Market is experiencing significant growth with
advancements in technology. Products like Globals Presence Realtime
Systems, Producuts, and Bathroom Technologies are leading the
trend. These solutions offer features such as automatic flushing,
bidet functions, temperature control, and even air freshening.
Furthermore, sensors are being integrated to monitor water usage
and detect potential issues, making these toilets more efficient
and hygienic. Additionally, the use of artificial intelligence and
machine learning is enabling personalized settings and predictive
maintenance. The market is expected to continue growing due to
increasing consumer demand for convenience and
sustainability.
Research report provides comprehensive data on
impact of trend. For more details- Download a Sample
Report
Market Challenges
- The smart toilet market faces challenges in developing
countries due to limited awareness, cost constraints, and low
penetration. Sanitation methods differ significantly, particularly
in India where rural areas lack
access to toilets. The 'Swatch Bharat Mission' focuses on improving
sanitation facilities, increasing demand for regular toilets. The
market growth is mainly restricted to high-income groups and elite
commercial buildings.
- The Smart Toilet Market faces several challenges. One major
challenge is the high cost of implementation for businesses.
Another challenge is the lack of standardization in technology and
design. Additionally, consumer acceptance and awareness are still
developing. Integration with other smart home devices is also a
challenge. Furthermore, regulatory compliance and data security are
significant concerns. Lastly, the market is still in its infancy,
with a limited customer base and a need for more research and
development. Despite these challenges, the potential benefits of
smart toilets, such as water savings and improved health
monitoring, make it an exciting and growing market.
For more insights on driver and
challenges - Download a Sample Report
Segment Overview
This smart toilet market report extensively covers market
segmentation by
- Application
- 1.1 Commercial
- 1.2 Residential
- Distribution Channel
- Geography
- 3.1 Europe
- 3.2 North America
- 3.3 APAC
- 3.4 Middle East and
Africa
- 3.5 South America
1.1 Commercial- The commercial segment of the smart
toilet market is expanding due to the rising installation of these
toilets in commercial real estate, hospitality, and healthcare
industries. Construction activities are also increasing, leading to
new hotels, hospitals, and educational institutions. Government
initiatives, such as WaterSense and LEED, focus on water
conservation and encourage the use of high-performing water-saving
fixtures. The green building concept and demand for refurbishments
are further driving market growth.
For more information on market segmentation with
geographical analysis including forecast (2024-2028) and historic
data (2018 - 2022) - Download a Sample Report
Research Analysis
The Smart Toilet Market encompasses advanced bathroom solutions
for various sectors, including malls, hospitals, offices, and
public spaces. These systems incorporate high-pressure nozzles,
water disinfection, auto flush, and motion sensors to ensure
cleanliness and hygiene. Smart cities are increasingly adopting
these IoT and AI-enabled systems, which include ceramic toilet
arrangements, air dryers, and warming water features. Medical IoT
devices, such as urine analysis and spectroscopy, are integrated
into some smart toilet systems for added functionality. Water
savings and connectivity options, including Wi-Fi and Bluetooth,
are also key features of this market. The market offers a range of
toilet designs, including wall hung, close-coupled, and one-piece
toilets.
Market Research Overview
The Smart Toilet Market refers to the growing industry of
advanced toilet systems equipped with features such as automatic
flushing, heated seats, bidets, and air deodorizers. These
technologies aim to enhance user experience and promote hygiene.
The market is driven by factors including increasing consumer
awareness and disposable income, as well as government initiatives
to promote water conservation. Smart toilets also offer health
benefits, such as monitoring urine and stool color and consistency
for potential health issues. The market is expected to grow
significantly in the coming years due to these factors and the
continuous development of new technologies.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
- Application
-
- Distribution Channel
-
- Geography
-
- Europe
- North America
- APAC
- Middle East And Africa
- South America
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
About Technavio
Technavio is a leading global technology research and advisory
company. Their research and analysis focuses on emerging market
trends and provides actionable insights to help businesses identify
market opportunities and develop effective strategies to optimize
their market positions.
With over 500 specialized analysts, Technavio's report library
consists of more than 17,000 reports and counting, covering 800
technologies, spanning across 50 countries. Their client base
consists of enterprises of all sizes, including more than 100
Fortune 500 companies. This growing client base relies on
Technavio's comprehensive coverage, extensive research, and
actionable market insights to identify opportunities in existing
and potential markets and assess their competitive positions within
changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
View original content to download
multimedia:https://www.prnewswire.com/news-releases/smart-toilet-market-size-is-set-to-grow-by-usd-6-21-billion-from-2024-2028--rising-demand-for-water-saving-technologies-to-boost-the-market-growth-technavio-302180187.html
SOURCE Technavio