DUBLIN, July 5, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Global Smart Bathroom Market 2016-2020" report to their offering.
The report forecasts the global smart bathroom market to grow at a CAGR of 10.43% during the period 2016-2020.
Commenting on the report, an analyst from the research team said: Advanced technologies aimed at energy conservation and maintaining hygiene In the US, smart bathrooms are gaining popularity to counter rising energy costs. In Germany, the government has introduced the concept of the smart bathroom in the construction market to control and reduce high energy costs. However, Japan is confronted by a serious challenge - the gap in the supply of and demand for energy. To narrow this gap, the Japanese government has started focusing on the development of smart bathrooms in public infrastructure and buildings.
According to the report, construction companies worldwide are focusing on the development of smart buildings with features like smart bathrooms to promote sustainable development and efficient energy management. Smart bathrooms offer optimally integrated solutions such as smart toilets, automatic flush systems, and automatic faucets. As a result, the demand for smart bathrooms, especially in urban areas, is increasing significantly.
Further, the report states that the cost of setting up smart bathrooms or replacing existing bathroom fixtures with smart bathroom fittings is substantial, especially for homeowners and small- and medium-sized enterprises (SMEs), mainly due to their financial constraints.
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
- Eczacibasi (Vitra)
- Roca Sanitario
- Sloan Valve
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by product
PART 07: Key leading countries
PART 08: Market drivers
PART 09: Impact of drivers
PART 10: Market challenges
PART 11: Impact of drivers and challenges
PART 12: Market trends
PART 13: Vendor landscape
PART 14: Appendix
PART 15: About the Author
For more information visit http://www.researchandmarkets.com/research/t6sgr9/global_smart
Research and Markets
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SOURCE Research and Markets