Home Water Safety System Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Smart Home Water Safety System Market Smart
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Smart Home Water Safety System Market Size and Growth
The global Smart Home Water Safety System market is expected to reach $1.2 billion by 2025, with a CAGR of 8.5% from 2020 to 2025. Factors driving market growth include increasing concerns about water quality and rising adoption of smart home technologies. Key players include Honeywell, Phyn, and Moen.
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Companies Covered (Covid 19 Impact Covered)
◍ Honeywell
◍ LeakSmart
◍ WallyHome
◍ Roost
◍ D-Link
◍ Fibaro
◍ Flo Technologies, Inc.
◍ Tony LaMartina Plumbing
◍ STANLEY Security
◍ Alert Labs Inc
◍ PumpSpy
◍ Metropolitan Industries, Inc.(Ion Technologies)
◍ Cass County Electric
◍ Level Sense
◍ Pentair
◍ Zoeller
The Smart Home Water Safety System market is highly competitive with key players such as Honeywell, LeakSmart, WallyHome, Roost, D-Link, Fibaro, Flo Technologies, Inc., Tony LaMartina Plumbing, STANLEY Security, Alert Labs Inc, PumpSpy, Metropolitan Industries, Inc. (Ion Technologies), Cass County Electric, Level Sense, Pentair, and Zoeller. These companies offer various solutions including smart water leak detectors, sensors, and shut-off devices to prevent water damage in homes. They contribute to the growth of the market by providing innovative products and expanding their distribution networks.
- Honeywell: Annual sales revenue of $32.72 billion
- Pentair: Annual sales revenue of $2.94 billion
- STANLEY Security: Annual sales revenue of $3.5 billion
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Market Segmentation
By Application
◍ Water Leak Detector
◍ Flume Monitor
◍ Water Sensor
◍ Others
By Product
◍ Remote Control
◍ Alarm Control
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$ X Billion USD
Market Growth
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