Report Code : A16973
The digital showers market is continuously growing around the world. This is mainly due to awareness in conservation of water and increase in disposable income of the people in developing country. In addition, increase in adoption of technology in day-to-day life is also a factor that is leading to the growth of digital showers market.
Onkar Sumant - Manager
Construction and Manufacturing at Allied Market Research
According to a new report published by Allied Market Research, titled, “Digital Showers Market," The digital showers market size was valued at $4.1 billion in 2021, and is estimated to reach $8.4 billion by 2031, growing at a CAGR of 7.4% from 2022 to 2031. The main component of a digital shower is a digital interface that enables exact manual control of variables such as water temperature, lighting, water pressure, music, and various user settings. For the best possible experience, a digital shower is installed with complementary fixtures such as rain showerheads, speakers, and LED lights. No matter if they are wired or wireless, digital showers are brimming with cutting-edge features such as eco and warm-up modes and smartphone management.
Digital showers help in water conservation by letting the water flow only when needed. It helps in saving energy by heating the water that is actually required unlike heating the entire water that is stored in geyser tank. In addition, these products enhance aesthetics of bathrooms and kitchens with their superior designs. However, these products have high cost of production considering technology and quality of spares used for its operation. High investment costs act as the major restraint for the digital showers market growth. Moreover, outbreak of the COVID-19 pandemic has negatively impacted the market.
Moreover, to prevent spread of the virus, governments across various countries have implemented lockdown. Thus, construction and production activities were partially or completely closed, owing to the lockdown. This affected the digital showers industry as well as led to disruption of the supply chain. On the contrary, there has been a rise in demand for installation of digital showers having touchless taps in public washrooms, especially in commercial infrastructures. This is to avoid public contact in washrooms and to minimize the spread of COVID-19. In addition, reopening of production facilities gradually is anticipated to re-initiate production facilites and led to recovery of digital showers market share.
On the contrary, customers are opting for smart products in their bathrooms that can be operated on artificial intelligence. These products also suit well in green building scope. Therefore, these advantages are expected to boost the digital showers market during the forecast period.
The global digital showers market is segmented on the basis of type, water fed, application, and region. Depending on type, the market is divided into shower head and shower system. By water fed, it is categorized into rear wall fed, ceiling fed, and ceiling & wall fed. On the basis of application, it is classified into residential and non-residential. Region wise, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, Italy, the UK, and rest of Europe), Asia-Pacific (China, Japan, South Korea, India, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).
Competition analysis
Major players profiled in the digital showers market analysis include Aloys F. Dornbracht GmbH and Co. KG, Aqualisa Products Limited, Delta faucet, Gainsborough Showers, Grohe AG, Hansgrohe AG, Jacuzzi Group Worldwide, Jaquar and Company Private Limited, Kohler Co., Masco Corporation, Moen Incorporated, MX Group, Rohl LLC, TRITON SHOWERS, Vigo Industries LLC, Vola A/S, and Zoe Industries, Inc. Major companies in the market have adopted product launch, partnership, business expansion, and acquisition as their key developmental strategies to offer better products and services to customers in the digital showers market.
KEY FINDINGS OF THE STUDY
• The report provides an extensive analysis of the current and emerging global digital showers market trends and dynamics.
• Depending on type, the shower head segment was the largest revenue generator in 2021.
• By wall fed, the rear wall fed segment generated the highest revenue in 2021.
• By application, the residential segment dominated the market in 2021.
• Region wise, Asia-Pacific is anticipated to dominate the global market throughout the forecast period.
• The report provides an extensive analysis of the global digital showers market opportunity.
• The global digital showers market forecast analysis from 2022 to 2031 is included in the report.
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Digital Showers Market by Type (Shower Head, Shower System), by Water Fed (Rear Wall Fed, Ceiling Fed, Ceiling and Wall Fed), by Application (Residential, Non-Residential): Global Opportunity Analysis and Industry Forecast, 2021-2031
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