Shashie Pawar

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Smart Bathroom Market Share to Reflect a Holistic Expansion by 2023

Global smart bathroom market has witnessed gradual growth in recent years, and is expected to witness steady growth in the forecast period. The market is primarily driven due to rapid growth in the construction industry with high demand for luxurious features as one of the primary growth factors.

The smart bathroom market is driven by the wide adoption of smart bathroom products in urban areas. As per the UN, approximately 54% of the global population resides in urban areas. This percentage is expected to increase up to 66% by 2050. To combat the increasing stress on infrastructure and utilities, construction companies are investing on the development of smart buildings with features such as smart bathrooms to promote sustainable development and efficient energy management. Smart bathrooms optimally enclose various integrated solutions such as smart toilets, automatic flush systems, and automatic faucets. These systems help conserve water and energy.


 

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