Smart Mattress Market Analysis, Size, Growth, Share, Outlook & Forecast to 2025 | Grand View Research Inc.
The global smart mattress market size is expected to reach USD 2.1 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 10.6% over the forecast period. Factors such as growing popularity of smart homes, high-speed internet availability, increasing concerns over healthy sleep, and growing smartphone penetration are anticipated to drive the market. Increasing R&D initiatives are boosting the growth of global market. Key manufacturers in the market are continuously investing in R&D activities to offer advanced mattress solutions and maintain a competitive edge over their competitors. These manufacturers are focusing on providing smart mattresses that emit fewer electromagnetic radiations and possess enhanced features. Some of the popular products are The Pod by Eight Sleep, Sleep IQ by Sleep Number, and RestBed. Innerspring was the largest product segment with a share of 31.7% in 2018. Increasing cases of back problems associated with uncomfortable sleeping surfaces is the key factor boosting the growth of the segment. This, in turn, is driving the manufacturers to introduce advanced technology in this category. For instance, Eight Sleep offers three models of smart beds: Saturn, Jupiter, and Mars designed with multiple foam layers. Mars is equipped with smart technology integrated to hybrid innersprings and foam.
Browse Details of Report @ https://www.grandviewresearch.com/industry-
analysis/smart-mattresses-market In terms of value, North America dominated the global market with a share of more than 60.0% in 2018. This is due to growing penetration of smart devices, continuous technology evolution, rising consumer awareness with regards to sleep, and increasing investments in R&D in the region. Majority of the demand is generated by U.S., which contributed a revenue share of 84.4% in 2018. Some of the major players operating in the global market are Sleep Number, Eight Sleep, Kingsdown, Responsive Surface Technology, Serta Simmons Bedding, Tempur Sealy International, Hilding Anders, Derucci, Recticel and Sleemon. Companies in this industry are majorly focused on product launch to retain the consumer base as well cater to their changing preferences. For instance, in February 2019, Eight Sleep launched a new biometric-monitoring smart mattress that features a dual thermostat, which can either keep the bed warm in winters or cool in summers. Further key findings from the report suggest: North America held the largest smart mattress market share of more than 60.0% in 2018 Innerspring accounted for 31.7% share of the total revenue in 2018, and is projected to exhibit a significant increase in the next few years. Grand View Research has segmented the global smart mattress market on the basis of product and region: Smart Mattress Product Outlook (Revenue, USD Million, 2015 - 2025) Innerspring Latex Memory Foam Others Smart Mattress Regional Outlook (Revenue, USD Million, 2015 - 2025) North America U.S. Europe
Germany U.K. Asia Pacific China Central and South America Brazil Middle East and Africa Table of Content Chapter 1 Methodology and Scope 1.1 Research methodology 1.2 Research scope & assumptions 1.2.1 Research Scope 1.2.2 Assumptions 1.3 List of data sources Chapter 2 Executive Summary 2.1 Market snapshot Chapter 3 Plating on Plastics Market Variables, Trends, and Scope 3.1 Market segmentation and scope 3.2 Penetration and growth prospect mapping 3.3 Value chain analysis 3.4 Raw Material Analysis 3.5 Technological Overview 3.6 Regulatory framework 3.7 Plating on plastics market dynamics
3.7.1 Market Driver Analysis 3.7.4 Market restraint analysis Continue‌‌‌ About Grand View Research, Inc.: Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
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