Global Smart Bed Market Size study & Forecast, by Application, by Distribution Channel, by Sales Channel and Regional Analysis, 2023-2030

Description

List of Tables

Global Smart Bed Market is valued at approximately USD 2.55 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 3.8% over the forecast period 2023-2030. A smart bed is a technologically advanced and innovative piece of furniture designed to enhance the sleep experience and promote overall well-being. Unlike traditional beds, a smart bed incorporates various cutting-edge features and connectivity options to cater to the needs and preferences of modern users. Additionally, smart beds often come with adjustable components, such as dynamic mattresses that can be customized to provide different levels of firmness or support for different sleeping positions. The Smart Bed market is expanding because of factors such as rising diabetes prevalence and formulation developments. However, increasing penetration of smart homes, rising prevalence of sleeping disorders, and increasing development of patient care facilities.

The increasing penetration of smart homes has been a significant driving force behind the adoption of smart beds. As smart home technology becomes more widespread and accessible, consumers are seeking ways to integrate various smart devices seamlessly into their living spaces. Smart beds offer a unique and personalized sleeping experience, leveraging cutting-edge technology to enhance comfort, convenience, and overall well-being. According to Statista, the global number of smart homes in the year 2019 reached 191.4 million which increased to 307.82 million in the year 2022 and it is projected to reach 672.57 million by the year 2027. Thus, the rising penetration of smart homes is driving the market growth. In Addition, increasing spending on residential construction activities and increasing technological advancement are creating new opportunities for market growth. However, the high cost of Smart Bed stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Smart Bed Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to factors such as increasing smart home penetration, rising development of the advance healthcare industry, and increasing consumer spending on smart devices in the region. Asia Pacific is expected to grow significantly over the forecast period, owing to factors such as the rising development of the residential sector, the development of smart homes and devices in the market space.

Major market player included in this report are:

Paramount Bed Co., Ltd.
Arjo AB
Sleep Number Corporation
Ascion, LLC.
LINET Group SE
Hi-Interiors SRL
Stryker Corporation
The BodiTrak
Hill Rom Holdings Inc.
Invacare Corporation

Recent Developments in the Market:

In August 2021, Hi-Interiors SRL introduced HiAm, a four-poster bed with humorous features to encourage enjoyment and well-being in the sleeping area. The HiAm bed has ambient reading illumination, an audio system, a 4K projector, and a 70-inch screen for enjoyment during sleep.
In January 2021, Corsicana Mattress Co., and Retail Service Systems (RSS) joined forces to introduce Sleep2Win Smart beds, revolutionizing the way we personalize and optimize our sleep patterns.

Global Smart Bed Market Report Scope:

Historical Data: 2020 - 2021
Base Year for Estimation: 2022
Forecast period: 2023-2030
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Application, Distribution Channel, Sales Channel, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Application:

Residential
Hospital
Hospitality
Others

By Distribution Channel:

Supermarket/Hypermarket
Specialty Stores
Online
Others

By Sales Channel:

By Region:

North America

U.S.
Canada

Europe

UK
Germany
France
Spain
Italy
ROE

Asia Pacific

China
India
Japan
Australia
South Korea
RoAPAC

Latin America

Brazil
Mexico

Middle East & Africa

Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Smart Bed Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. Smart Bed Market, by Application, 2020-2030 (USD Billion)
- 1.2.3. Smart Bed Market, by Distribution Channel, 2020-2030 (USD Billion)
- 1.2.4. Smart Bed Market, by Sales Channel, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Smart Bed Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Smart Bed Market Dynamics

3.1. Smart Bed Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing penetration of smart homes
  - 3.1.1.2. Rising prevalence of sleeping disorders
  - 3.1.1.3. Increasing development of patient care facilities
- 3.1.2. Market Challenges
  - 3.1.2.1. High Cost of Smart Bed
- 3.1.3. Market Opportunities
  - 3.1.3.1. Increasing spending on residential construction activities
  - 3.1.3.2. Increasing technological advancement

Chapter 4. Global Smart Bed Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Impact Analysis
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

Chapter 5. Global Smart Bed Market, by Application

5.1. Market Snapshot
5.2. Global Smart Bed Market by Application, Performance - Potential Analysis
5.3. Global Smart Bed Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
5.4. Smart Bed Market, Sub Segment Analysis
- 5.4.1. Residential
- 5.4.2. Hospital
- 5.4.3. Hospitality
- 5.4.4. Others

Chapter 6. Global Smart Bed Market, by Distribution Channel

6.1. Market Snapshot
6.2. Global Smart Bed Market by Distribution Channel, Performance - Potential Analysis
6.3. Global Smart Bed Market Estimates & Forecasts by Distribution Channel 2020-2030 (USD Billion)
6.4. Smart Bed Market, Sub Segment Analysis
- 6.4.1. Supermarket/Hypermarket
- 6.4.2. Specialty Stores
- 6.4.3. Online
- 6.4.4. Others

Chapter 7. Global Smart Bed Market, by Sales Channel

7.1. Market Snapshot
7.2. Global Smart Bed Market by Sales Channel, Performance - Potential Analysis
7.3. Global Smart Bed Market Estimates & Forecasts by Sales Channel 2020-2030 (USD Billion)
7.4. Smart Bed Market, Sub Segment Analysis
- 7.4.1. B2C
- 7.4.2. B2B

Chapter 8. Global Smart Bed Market, Regional Analysis

8.1. Top Leading Countries
8.2. Top Emerging Countries
8.3. Smart Bed Market, Regional Market Snapshot
8.4. North America Smart Bed Market
- 8.4.1. U.S. Smart Bed Market
  - 8.4.1.1. Application breakdown estimates & forecasts, 2020-2030
  - 8.4.1.2. Distribution Channel breakdown estimates & forecasts, 2020-2030
  - 8.4.1.3. Sales Channel breakdown estimates & forecasts, 2020-2030
- 8.4.2. Canada Smart Bed Market
8.5. Europe Smart Bed Market Snapshot
- 8.5.1. U.K. Smart Bed Market
- 8.5.2. Germany Smart Bed Market
- 8.5.3. France Smart Bed Market
- 8.5.4. Spain Smart Bed Market
- 8.5.5. Italy Smart Bed Market
- 8.5.6. Rest of Europe Smart Bed Market
8.6. Asia-Pacific Smart Bed Market Snapshot
- 8.6.1. China Smart Bed Market
- 8.6.2. India Smart Bed Market
- 8.6.3. Japan Smart Bed Market
- 8.6.4. Australia Smart Bed Market
- 8.6.5. South Korea Smart Bed Market
- 8.6.6. Rest of Asia Pacific Smart Bed Market
8.7. Latin America Smart Bed Market Snapshot
- 8.7.1. Brazil Smart Bed Market
- 8.7.2. Mexico Smart Bed Market
8.8. Middle East & Africa Smart Bed Market
- 8.8.1. Saudi Arabia Smart Bed Market
- 8.8.2. South Africa Smart Bed Market
- 8.8.3. Rest of Middle East & Africa Smart Bed Market

Chapter 9. Competitive Intelligence

9.1. Key Company SWOT Analysis
- 9.1.1. Company 1
- 9.1.2. Company 2
- 9.1.3. Company 3
9.2. Top Market Strategies
9.3. Company Profiles
- 9.3.1. Paramount Bed Co., Ltd.
  - 9.3.1.1. Key Information
  - 9.3.1.2. Overview
  - 9.3.1.3. Financial (Subject to Data Availability)
  - 9.3.1.4. Product Summary
  - 9.3.1.5. Recent Developments
- 9.3.2. Arjo AB
- 9.3.3. Sleep Number Corporation
- 9.3.4. Ascion, LLC.
- 9.3.5. LINET spol. s r.o.
- 9.3.6. Hi-Interiors srl
- 9.3.7. Stryker Corporation
- 9.3.8. The BodiTrak
- 9.3.9. Hill Rom Holdings Inc.
- 9.3.10. Invacare Corporation

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Smart Bed Market, report scope
TABLE 2. Global Smart Bed Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3. Global Smart Bed Market estimates & forecasts by Application 2020-2030 (USD Billion)
TABLE 4. Global Smart Bed Market estimates & forecasts by Distribution Channel 2020-2030 (USD Billion)
TABLE 5. Global Smart Bed Market estimates & forecasts by Sales Channel 2020-2030 (USD Billion)
TABLE 6. Global Smart Bed Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 7. Global Smart Bed Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global Smart Bed Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global Smart Bed Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global Smart Bed Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Smart Bed Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Smart Bed Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Smart Bed Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global Smart Bed Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. Global Smart Bed Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. U.S. Smart Bed Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 17. U.S. Smart Bed Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 18. U.S. Smart Bed Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 19. Canada Smart Bed Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 20. Canada Smart Bed Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 21. Canada Smart Bed Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 22. UK Smart Bed Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 23. UK Smart Bed Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 24. UK Smart Bed Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 25. Germany Smart Bed Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 26. Germany Smart Bed Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 27. Germany Smart Bed Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 28. France Smart Bed Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 29. France Smart Bed Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 30. France Smart Bed Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 31. Italy Smart Bed Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 32. Italy Smart Bed Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 33. Italy Smart Bed Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 34. Spain Smart Bed Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 35. Spain Smart Bed Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 36. Spain Smart Bed Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 37. RoE Smart Bed Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 38. RoE Smart Bed Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 39. RoE Smart Bed Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 40. China Smart Bed Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 41. China Smart Bed Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 42. China Smart Bed Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 43. India Smart Bed Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 44. India Smart Bed Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 45. India Smart Bed Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 46. Japan Smart Bed Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 47. Japan Smart Bed Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 48. Japan Smart Bed Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 49. South Korea Smart Bed Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 50. South Korea Smart Bed Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 51. South Korea Smart Bed Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 52. Australia Smart Bed Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 53. Australia Smart Bed Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 54. Australia Smart Bed Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 55. RoAPAC Smart Bed Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 56. RoAPAC Smart Bed Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 57. RoAPAC Smart Bed Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 58. Brazil Smart Bed Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 59. Brazil Smart Bed Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 60. Brazil Smart Bed Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 61. Mexico Smart Bed Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 62. Mexico Smart Bed Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 63. Mexico Smart Bed Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 64. RoLA Smart Bed Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 65. RoLA Smart Bed Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 66. RoLA Smart Bed Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 67. Saudi Arabia Smart Bed Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 68. South Africa Smart Bed Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 69. RoMEA Smart Bed Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 70. List of secondary sources, used in the study of global Smart Bed Market
TABLE 71. List of primary sources, used in the study of global Smart Bed Market
TABLE 72. Years considered for the study
TABLE 73. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Smart Bed Market, research methodology
FIG 2. Global Smart Bed Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Smart Bed Market, key trends 2022
FIG 5. Global Smart Bed Market, growth prospects 2023-2030
FIG 6. Global Smart Bed Market, porters 5 force model
FIG 7. Global Smart Bed Market, pest analysis
FIG 8. Global Smart Bed Market, value chain analysis
FIG 9. Global Smart Bed Market by segment, 2020 & 2030 (USD Billion)
FIG 10. Global Smart Bed Market by segment, 2020 & 2030 (USD Billion)
FIG 11. Global Smart Bed Market by segment, 2020 & 2030 (USD Billion)
FIG 12. Global Smart Bed Market by segment, 2020 & 2030 (USD Billion)
FIG 13. Global Smart Bed Market by segment, 2020 & 2030 (USD Billion)
FIG 14. Global Smart Bed Market, regional snapshot 2020 & 2030
FIG 15. North America Smart Bed Market 2020 & 2030 (USD Billion)
FIG 16. Europe Smart Bed Market 2020 & 2030 (USD Billion)
FIG 17. Asia pacific Smart Bed Market 2020 & 2030 (USD Billion)
FIG 18. Latin America Smart Bed Market 2020 & 2030 (USD Billion)
FIG 19. Middle East & Africa Smart Bed Market 2020 & 2030 (USD Billion)