Intelligent Toilet Cover Market Outlook 2028: Top Companies, Trends and Growth Factors Details for Business Development
24 May 2019 - The Global Intelligent
Toilet Cover Market is expected
to display higher growth rate in the upcoming years. Rapid surge in the market
is credited to the increasing preference towards smart homes and rising
disposable income, particularly in North America and Asia Pacific region.
Increasing
awareness level among general population coupled with improved living standards
across the globe are expected to drive the growth of intelligent toilet cover
market over the forecast period. Globally, market is predicted to generate
massive revenue over the forecast period, providing numerous opportunities for
industry participants to invest in research and development of intelligent
toilet covers.
Intelligent
toilet cover unit consists of a seat, and usually a lid, that are attached to a
toilet bowl for a toilet used in a sitting position. Use of advanced sensor
technology for opening and closing of lid is expected to foster the market
growth over the forecast period. Additionally, intelligent toilet cover unit
offer exclusive feature such as a heated seat, a bidet, and a blow drier.
Increasing popularity of intelligent toilet cover in developed economies such
as Japan, Singapore, China and Malaysia are estimated to fuel market demand
over the coming years.
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The
intelligent toilet cover market is broadly categorized into two major segments
based on the application type such as residential sector and commercial sector.
Residential sector segment is growing rapidly in the market with substantial
revenue generation in the last few years. Growing popularity of intelligent
toilet cover in residential sector segment is attributed to the increasing
product penetration and availability of low cost solutions.
The
market is divided by region as North America, Europe, Asia-Pacific, Latin
America and Africa. North America has shown major growth in recent years owing
to the rise in implementation of latest technologies in manufacturing sector,
surge in number of research & development activities and existence of
well-established industrial infrastructure in the region. In European region,
Germany, France and United Kingdom are projected to witness steady growth over
the coming years.
Asia-Pacific
region is estimated to hold a major share in the intelligent toilet cover
market with massive growth in forecast period. Countries such as India, China,
Japan and Singapore are leading the Asia-Pacific market with strong economic
growth, rising per capita income, increasing awareness level among general
population, and significant investment by leading industry players considering
potential growth opportunities in the region.
The
key players in the intelligent toilet cover market are Toto Ltd., LIXIL Group
Corp., Panasonic Corp., Kohler Co., Coway Co., Ltd., Toshiba Corp., Jomoo Group
Co., Ltd., and Brondell, Inc.
Market Segment:
Leading players of Intelligent Toilet
Cover including:
•
Toto
•
LIXIL
•
Panasonic
•
Kohler
•
Coway
•
Toshiba
•
Jomoo
•
Brondell
•
Dongyang Magic
•
Dongpeng
•
Duravit
•
ROCA
•
Lotus Hygiene
Market split by Type, can be divided
into:
•
Storage Hearting
•
Instantaneous Heating
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