Because of connectivity, the market for smart toilet seats is divided into remote control, mobile phone and other segments. Other segments include hot air dryers, hand-free lids and flushing. The other segments are tablet, touchpad, etc. Measured by price, the smart toilet seat market is 100%, 100%, 200% and more than 200%.
The Smart Toilet Seat market was analyzed on the basis of market size and volume information provided by country, function, price, connectivity, end user, distribution channel and types covered. Based on the types covered, the global market for intelligent toilet seats is divided into storage, heating and instantaneous heating.
The market estimates of the Global Smart Toilet Market Study are the result of in-depth secondary research, primary interviews, and internal expert evaluations. The global smart toilet market is included in this report because it provides an inclusive environment for market analysis. It also provides an outlook on the development of the global market in terms of revenues and forecasts for this period.
The smart toilet market was valued at $6.08 billion in 2018 and is expected to reach $12.9 billion by 2026, representing a CAGR of 9.89% between 2019 and 2026. The Global Smart Toilet Market Report provides a holistic assessment of the market over the forecast period. The report includes various segment analyses, trends and factors that play a significant role in the market.
The global smart toilets market is expected to reach a CAGR of 1.3% over the forecast period (2016-2023). Due to the increasing popularity of stylish bath products in the population, a positive outlook on the market is also expected for this period.
Smart toilets are becoming an integral part of smart homes in Western countries such as Europe and North America. The factors driving the global smart toilet are rising demand for hygienic hygiene products, changing consumer lifestyles, and growing awareness of global water conservation. These factors are driving the demand for smart toilets. These trends encourage industry players to develop advanced smart toilets, which drives market growth.
Intelligent toilets have features such as bacteria-killing light jets, self-opening seat covers, connectivity, music playback, water level management, self-deodorizing water jets, artificial flushing, noise masks and other useful features. Smart toilets have advanced built-in mechanisms and facilities such as hot water, air drying and automatic flushing. A smart toilet is an arrangement of smart appliances and appliances in a toilet made of ceramic or other fine materials.
The non-mobile application-based segment is expected to dominate the entire smart toilet market. Market growth is driven by increasing awareness of health and hygiene, creating significant opportunities for market growth. The increasing acceptance of hygienic and comfortable smart toilets, combined with the continuous technological advances and improvements in hygiene and comfort, should improve the growth prospects of the markets in the coming years.
The significant growth of wealthy individuals around the world is driving the growth of the global market for smart bathroom products. According to data published by the International Monetary Fund (IMF), the world’s wealthy population grew by 7.5% in 2016 to 165 million people worldwide. With better functionality, consumers around the world are investing in smart bathroom products.
In addition, the growing popularity of voice-controlled devices and Internet of Things technology is expected to increase demand for smart toilets in the global smart toilet market over the forecast period. Application – The commercial segment accounts for the highest share of sales in terms of application segment and is expected to maintain its dominance over the forecast period.
The commercial segment is experiencing strong growth. An important factor contributing to the growth of this segment is the increasing installation of smart toilets in offices, shopping malls and hotels. Intelligent toilets are becoming increasingly popular in the health and hospitality industry.
Through various social campaigns, people’s awareness is growing. Maintaining basic hygiene in toilets in commercial and private places in countries such as India. Growing awareness of basic hygiene in the Asia-Pacific region is expected to drive the smart toilet market over the forecast period.
The smart toilet market is being boosted by the expanding construction industry as developing countries see an increase in commercial and residential construction activity. The construction sector benefits from rising disposable incomes and soaring government spending on huge infrastructure projects.
However, the high costs associated with the production of smart toilets and the existing dominance of old-fashioned toilet products are major challenges for the industry. The high costs and slow take-up by consumers could ultimately hamper the market for smart toilets.
The global smart toilet market is estimated to grow by 5.0% and generate revenues of $6.78 billion by the end of 2027. The leading players in the market include Lixil Group Corporation, DXV, American Standard, Geberit AG, ROCA Sanitario SA, Caroma Industries Limited, Toto Ltd., Ove Decors and Villeroy.
Founded in 1989, Coway is dedicated to the research and development of environmental solutions for personal health and well-being. The company is active in the business of smart toilet seats, water purifiers, air purifiers and other accessories. Other key players in the global smart toilet seat market are Toshiba Electronic Devices & Storage Corporation, Brondell, Hisunon, Jomoo Arrow, Lixil, Dongpeng Huida, Shunjie Vivi, Lotus Hygiene Systems, Bio-Bidet, and Duravit AG.
Arun Kumar 