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Smart Toilet Market Analysis, Advancement, Key Players, Financial Overview and Analysis Report Forecast to 2030
The smart toilet market is growing rapidly, witnessing vast investments. Investments in developing commercial prototypes of intelligent toilets drive the market growth. Governments in countries across the globe are fostering their efforts to develop smart, safe, and sustainable urban centers with high-quality basic services.
The vision of the state administration dept to provide short, medium, and long term strategies to achieve sustainable development goals (SDG), including sustainable cities & communities, influences market revenues. Besides, extensive uptake of smart toilets and the flourishing construction sector are major growth drivers of the market.
The market delivers high premiums for manufacturers due to the shift and adoption by the high net worth customers. The construction industry is experiencing substantial growth worldwide owing to growing per capita income and the growing acceptability of innovative smart technologies.
With the surging popularity of smart toilets due to perceived psychotropic factors, the market is estimated to witness significant traction in the upcoming period. The growing influence of the media and fashion industries is generating a surge in demand for the industry.
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Smart Toilet Market – Segments
The intelligent toilets market is segmented into types, connectivity, usages, distribution channels, and regions. The type segment is sub-segmented into wall hung toilets, close-coupled, one-piece toilets, single floor-standing toilets, and others. Among these, the wall-hung toilets segment accounts for the largest market share.
The connectivity segment is sub-segmented into Bluetooth, Wi-Fi, and others. The usage segment is sub-segmented into commercial and residential. The distribution channel segment is sub-segmented into online and offline. The region segment is sub-segmented into Asia Pacific, Americas, Europe, and rest-of-the-world.
Smart Toilet Market – Regional Analysis
Europe commands a large share in the global smart toilet market. Rapid advances in smart toilet technology and high investments by the government to develop technologies drive the smart toilet industry in the region. Besides, the increasing awareness of the benefits of smart toilets and the importance of hygienic sanitary facilities foster the smart toilet market demand.
Rising government efforts to boost circular bioeconomy that can combat the climate crisis push the smart toilet market size. Numerous smart toilets are installed across the region to enable municipal sewage facilities to generate compost and biogas while separating types of human waste.
Smart Toilet Market – Competitive Landscape
The smart toilet market appears to be highly competitive owing to the presence of numerous well-established players. Innovation, mergers & acquisitions, and collaborations remain key trends for the leading players. The smart toilet market is likely to witness intensified competition with the increasing R&D innovations and M&A.
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Major Players:
Players leading the smart toilet market include Kohler Co., Toto Ltd, Roca Sanitario S.A, GWA Group Limited, LIXIL Group Corporation, Duravit AG, Villeroy & Boch, Jomoo Group, Huida Sanitary Ware Co. Ltd., and Dongpeng Ceramic, among others.
Industry/ Innovation/ Related News:
Aug.01, 2021 --- Roca introduced a minimalistic, space-saving in-wash in-tank smart toilet. The Roca in-wash in-tank smart toilet is a minimalistic design synonymous with complete cleanliness, meeting people’s increasing preference for more hygiene. The WC’s pure, refined appearance hides an array of high technology, anti-bacterial, and wellness features from clear view yet deliver total hygiene.
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