ICT & Electronics Smart (Intelligent) Toilet Market | Page 2

The global smart (intelligent) toilet market is segmented into type such as wall hung toilet, close-coupled, single floor standing toilet, one-piece toilet and others. Additionally, wall hung toilet segment is believed to capture the largest market in overall smart (intelligent) toilet market by 2023. Moreover, smart (intelligent) toilet segment is anticipated to mask a significant CAGR over the forecast period. In addition to this, expansion of urban population across the globe and adoption of innovative toilets by hospitality sector are the major factor propelling the growth of smart (intelligent) toilet market. Global smart (intelligent) toilet market is expected to register a CAGR of 13% over the forecast period. Moreover, the global smart (intelligent) toilet market is projected to reach at notable revenue over the forecast period. The market is expected to expand on the account of growing popularity of stylish bath products such as smart toilet among the population. Further, with 70% share, the commercial segment by usage is believed to be the largest segment in overall smart (intelligent) toilet market. Further, robust expansion of hospitality sector across the globe is envisioned to intensify the growth of smart (intelligent) toilet market. In terms of regional platform, North America region captured the largest market of smart (intelligent) toilet market in 2016 aided by U.S. Further, the expansion of smart (intelligent) toilet market in North America region is attributed to the presence of major key players such as Kohler. Technological advancement in sanitaryware Increasing integration of smart technology into sanitaryware products coupled with growing adoption of innovative technology by consumers is projected to boost the demand for smart (intelligent) toilet. Furthermore, these advancements and continuous innovation is the major driving force which is anticipated to propel the growth of smart (intelligent) toilet market. For Sample Pages please go through link below: https://www.researchnester.com/sample-request/2/rep-id-252 Swelled disposable income Rapid urbanization along with rise in purchasing power has led the consumer to invest more on technologically advanced and luxury products which are likely to Copyright © Research Nester www.researchnester.com