Digital Showers Market Research, 2031
The global digital showers market size was valued at $4.1 billion in 2021, and is projected to reach $8.4 billion by 2031, growing at a CAGR of 7.4% from 2022 to 2031.Digital shower is primarily built shower on a digital interface that enables to precisely control things like water temperature, lighting, water pressure, music, numerous user preferences, and so on. To create the best possible experience, one can install a digital shower along with harmonizing fixtures like LED lighting, rain showerheads, speakers and other things. Whether wired or wireless, digital showers are equipped with cutting-edge features including eco and warm-up modes as well as smartphone control.
Digital showers help in conservation of water and prevents excessive usage of water that helps in preventing water wastage. In addition, digital showers use thermostat that helps in regulating the temperature of water. Thus, this prevents cost of purchasing of geysers and their maintenance. Thus, providing cost saving features to customers, propels growth of the digital showers market.
However, high cost of installing limits the digital showers market growth. It comes with huge number of sensors for automated features that adds up to higher cost. Thus, this prevents growth of the market.
Furthermore, during the outbreak of the COVID-19 pandemic, construction, manufacturing, hotel, and tourism industries were majorly affected. Manufacturing activities were halted or restricted. Construction and transportation activities, along with their supply chains, were hampered on a global level. This led to decline in manufacturing of digital showers as well as their demand in the market, thereby restraining the digital showers market share. Conversely, industries are gradually resuming their regular manufacturing and services. This is expected to lead to re-initiation of digital showers companies at their full-scale capacities that helped the digital showers industry to recover by end of 2021.
On the contrary, with growing incomes and changes in lifestyle of people, adoption of smart appliances for residential and non-residential applications are growing. Thus, this is expected to offer lucrative opportunities for the digital showers market during the forecast period.
The digital showers market is segmented into 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).
On the basis of type, in 2021, the shower head segment dominated the market, in terms of revenue, whereas the shower system segment is expected to witness growth at the highest CAGR during the forecast period. As per water fed, in 2021, the rear wall fed segment led the digital showers market, and is expected to exhibit highest CAGR in the near future. By application, the residential segment led the market in 2021, in terms of revenue, and is anticipated to register highest CAGR during the forecast period. Region wise, Asia-Pacific garnered the highest revenue in 2021; however, LAMEA is anticipated to register highest CAGR during the forecast period.
COMPETITION ANALYSIS
The major players profiled in the digital showers market 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 market.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the digital showers market forecast from 2021 to 2031 to identify the prevailing digital showers market opportunity.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth digital showers market analysis.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global digital showers market trends, key players, market segments, application areas, and market growth strategies.
Digital Showers Market Report Highlights
| Aspects | Details |
 By Application |
|
 By Type |
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 By Water Fed |
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 By Region |
|
 Key Market Players | Vola A/S, Moen Inc., TRITON SHOWERS, Aloys F. Dornbracht GmbH and Co. KG, MX Group, delta faucet company, Jaquar And Company Private Limited, Zoe Industries Inc., Masco Corporation, ROHL LLC, Gainsborough Showers, Vigo Industries LLC, Hansgrohe AG, Jacuzzi Group Worldwide, Grohe AG, Kohler Co., Aqualisa |
Analyst Review
Utilization of digital showers is expected to increase, owing to rapid urbanization and environmental awareness. Moreover, significant technological advancements in electric taps technology fuel the market growth. In 2021, Asia-Pacific was the highest revenue contributor to the global market, whereas LAMEA is expected to offer lucrative opportunities to key players in this market.
However, high cost of products and complications in electric connections while installation impedes the market growth. On the contrary, adoption of smart products for bathrooms is expected to boost the digital showers market during the forecast period.
However, the technology has some challenges such as development of product in low cost. Outage of electric supply disables functionality of electric taps. R&D by players in the market is expected make it possible to overcome these challenges, therefore, boost the market during the forecast period. Thus, companies are adopting strategies such as acquisition and product launch to offer wide range of product in various regional markets, therefore, drive growth of the market.
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.
The global digital showers market size was valued at $4,054.6 million in 2021, and is expected to reach $8,378.7 million by 2031, with a CAGR of 7.4% from 2022 to 2031.
The forecast period considered for the global digital showers market is 2022 to 2031, wherein, 2021 is the base year, 2022 is the estimated year, and 2031 is the forecast year.
To get latest version of global digital showers market report can be obtained on demand from the website.
The base year considered in the global digital showers market report is 2021.
The top companies holding the market share in the global digital showers market report 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.
The top ten market players are selected based on two key attributes - competitive strength and market positioning
The report contains an exclusive company profile section, where leading 10 companies in the market are profiled. These profiles typically cover company overview, geographical presence, market dominance (in terms of revenue and volume sales), various strategies and recent developments.
By type, the shower head segment is the highest share holder of digital showers market.
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