The global smart toilet market is expected to rise at a CAGR of 15.12% over the forecast period (2017-2023), according to a new research report released by Market Research Future (MRFR). The report investigates the past and present trends in the global smart toilet market to propose solutions to major issues faced by players in the market. The segmentation and competitive landscape of the global smart toilet market are analyzed in detail in the report to provide readers with a comprehensive look at the market’s present condition. The segmentation of the global smart toilet market is assessed in order to provide readers with a clear picture of the market’s structure on the granular level. The leading segments in the market are profiled and described in detail to elucidate the smart toilet market’s hierarchy. The competitive hierarchy of the Smart Toilet Market is also explained in detail to allow readers to make well-informed decisions regarding competitive activity in the global smart toilet market.
Smart toilets are toilets that automatically flush when the user is done. These toilets comprise of sensors to detect the user’s presence as well as mechanical components to enable a smooth flow of water. The global smart toilets market is also gaining attention from the healthcare sector, where they are used to analyze stool and urine samples for medical testing. This is also a major application sector for the global smart toilets market and is likely to remain a key part of the market over the coming years due to the growing demand for convenient and practical medical diagnostics tools.
The growing demand for refinement in residential and commercial buildings is leading to a growing demand for smart toilets. The growing disposable income of consumers in the residential as well as the commercial sector is a major reason for the growth of the global smart toilet market. This is likely to be a major driver for the smart toilet market in developing economies, as consumers in these countries have an increased amount of money to spend on luxuries. However, the rarity of such consumers in many areas is likely to be a key factor working against the global smart toilet market.
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Some of the prominent players in the global smart toilet market: Roca Sanitario S.A, Toto Ltd, Kohler Co., LIXIL Group Corporation, Duravit AG, GWA Group Limited, Jomoo Group, Dongpeng Ceramic, Villeroy & Boch and Huida Sanitary Ware Co.
The global smart toilet market is segmented on the basis of type, connectivity, usage, and distribution channel.
- By type, the global smart toilet market is segmented into wall hung toilets, close-coupled toilets, single floor standing toilets, one-piece toilets, and others. Wall hung toilets are the dominant type segment in the global smart toilet market and are likely to grow at a CAGR of 16.78% over the forecast period.
- By connectivity, the global smart toilet market is segmented into Bluetooth, wi-fi, and others. Bluetooth is the dominant segment of the global smart toilet market at present, however, the wi-fi segment is likely to grow at the highest rate over the forecast period, exhibiting a CAGR of 15.87%.
- By usage, the global smart toilet market is segmented into commercial and residential.
- By distribution channel, the smart toilet market is segmented into online and offline.
The report segments the global smart toilet market by region into North America, Europe, Asia Pacific, and rest of the world. Asia Pacific is the leading regional segment of the global smart toilet market due to the growing government efforts to build smart toilets in urban as well as rural regions. The increasing demand to improve the reach and quality of urban infrastructure and make it more hygienic is likely to result in growing demand from the smart toilet market in the developing countries in Southeast Asia. The residential sector in this region is also likely to make significant contributions to the global smart toilet market, however, it is likely to be dwarfed by the infrastructure segment.
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