The smart shower market size is expected to see rapid growth in the next few years. It will grow to $2.18 billion in 2028 at a compound annual growth rate (CAGR) of 11.8%. The anticipated growth in the forecast period can be attributed to factors such as rising consumer awareness, integration with smart home ecosystems, concerns about energy efficiency, increasing disposable income, and government initiatives for water conservation. Key trends expected in the forecast period include biometric integration, AI-driven personal assistants, water recycling systems, augmented reality (AR) shower design, and the adoption of hybrid water heating systems. These trends are likely to shape the evolving landscape of smart shower products.
The anticipated growth of the smart shower market is driven by the increasing demand for smart home automation. Smart home automation involves the integration of technology to automate and control various functions within a home, such as lighting, security, and even shower systems. Smart showers are a component of this home automation trend, offering users remote control, personalized presets, and automated features to create a luxurious and tailored shower experience while promoting resource conservation and convenience. The surge in spending on smart home technology, as indicated by Mortgage Cadence LLC in June 2022, with Americans willing to invest an average of $2,475, underscores the growing demand for smart home automation, which is a key factor propelling the smart shower market.
Major players in the smart shower market are actively developing innovative products, including modern shower ranges. A modern shower range refers to a collection of contemporary shower products that incorporate the latest design trends, innovative features, and high performance. For instance, Hansgrohe SE, a Germany-based manufacturing company, launched the Pulsify smart shower modern range in the UK in January 2023. This range offers a variety of options, such as hand showers, a wall bar, and multiple overhead shower options, providing customers with a daily luxury shower experience at home. The Pulsify shower collection features advanced technologies such as powder rain spray, enhancing the overall shower experience. The collection is designed to seamlessly fit into different shower spaces, catering to both large and small bathrooms.
In August 2022, Fortune Brands Innovations Inc., a US-based manufacturer of home and security products, acquired Aqualisa Products Limited for an undisclosed amount. This strategic acquisition aligns with Fortune Brands Innovations' focus on smart technology, particularly in bathroom products, brassware, and sinks. The acquisition aims to expand the company's portfolio and capabilities in key growth categories, emphasizing water management and connected products. Aqualisa Products Limited, based in the UK, is known for manufacturing digital mixers, smart showers, and related accessories, contributing to Fortune Brands Innovations' presence in the smart shower market.
Major companies operating in the smart shower market report are LIXIL Corporation, Masco Corporation, Kohler Co., TOTO LTD., Jeld Wen Inc., Fortune Brands Innovations Inc., Roca Sanitario S.A., American Standard Brands, Hansgrohe SE, Moen Incorporated, Bradley Company LLC, Delta Faucet Company, Jaquar & Co. Pvt. Ltd., Jacuzzi Brands Inc., Pfister And-Company Inc., Dornbracht AG & Co. KG, Cera Sanitaryware Limited, WaterHawk, Sloan Valve Company, Crosswater Limited, Norcros plc, ThermaSol, LAUFEN Bathrooms AG, High Sierra, Wassa.
North America was the largest region in the smart shower market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the smart shower market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the smart shower market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The smart shower market consists of sales of digital temperature controls, thermostatic valves, and smart shower systems compatible with accessories such as Bluetooth speakers or LED lighting. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
A smart shower is a technologically advanced or connected shower system that enables users to control various parameters such as temperature, flow rate, and other settings through a smartphone app, touchpad, or voice-activated smart speaker. These showers typically feature connectivity to smart home ecosystems, allowing users to manage and customize their shower experience through mobile apps or voice commands.
The primary types of smart shower products include smart shower systems, smart shower heads, and smart shower accessories. A smart shower is a digitally connected plumbing fixture that provides users with control over temperature, flow rate, and other settings through electronic means such as a touchpad, smartphone app, or voice-activated smart speaker. It incorporates technologies such as digital showers, voice-activated showers, Wi-Fi connectivity, and Bluetooth connectivity. These smart shower products find applications in various settings, including residential and commercial, and are distributed through online and offline channels.
The smart shower market research report is one of a series of new reports that provides smart shower market statistics, including smart shower industry global market size, regional shares, competitors with smart shower market share, detailed smart shower market segments, market trends, and opportunities, and any further data you may need to thrive in the smart shower industry. This smart shower market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
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Table of Contents
Executive Summary
Smart Shower Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on smart shower market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description:
Where is the largest and fastest growing market for smart shower ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The smart shower market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Product Type: Smart Shower Systems; Smart Shower Heads; Smart Shower Accessories2) By Technology: Digital Showers; Voice Activated Showers; Wi-Fi Connectivity; Bluetooth Connectivity.
3) By Application: Residential; Commercia
4) By Distribution Channel: Online; Offline
Key Companies Mentioned: LIXIL Corporation; Masco Corporation; Kohler Co.; TOTO LTD.; Jeld Wen Inc.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- LIXIL Corporation
- Masco Corporation
- Kohler Co.
- TOTO LTD.
- Jeld Wen Inc.
- Fortune Brands Innovations Inc.
- Roca Sanitario S.A.
- American Standard Brands
- Hansgrohe SE
- Moen Incorporated
- Bradley Company LLC
- Delta Faucet Company
- Jaquar & Co. Pvt. Ltd.
- Jacuzzi Brands Inc.
- Pfister And-Company Inc.
- Dornbracht AG & Co. KG
- Cera Sanitaryware Limited
- WaterHawk
- Sloan Valve Company
- Crosswater Limited
- Norcros plc
- ThermaSol
- LAUFEN Bathrooms AG
- High Sierra
- Wassa
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | March 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 1.4 Billion |
Forecasted Market Value ( USD | $ 2.18 Billion |
Compound Annual Growth Rate | 11.8% |
Regions Covered | Global |
No. of Companies Mentioned | 25 |