The worldwide Smart Mattress market touched xxx million USD with a CAGR xx % from 2015-2019 around the world. In the future, it is predicted to reach xxx million USD in 2020 with a CAGR xx % from 2020 to 2025.
Smart mattress is a loose term referring to any mattress model with sensor technology designed to monitor the sleep patterns and routines of its owner(s). Today\'s smart mattresses can track how long a person sleeps and the duration of their REM cycles, as well as physiological factors like body temperature, heart rate, and breathing. Other functions of a smart mattress may include alarms, adjustable climate control, and internet connectivity. Additionally, some smart airbeds enable owners to adjust the firmness settings of their sleep surface using remote controls.
In the coming years there is an increasing demand for Smart Mattress in the regions of North America and Europe that is expected to drive the market for more advanced Smart Mattress. Growth in government budgets in the principal countries, increasing of residential fields expenditures, more-intense competition, launches in introducing new products, retrofitting and renovation of old technology, increasing adoption of Smart Mattress will drive growth in North America and Europe markets.
Globally, the Smart Mattress industry market is concentrated as the manufacturing technology of Smart Mattress is relatively matures than some high-tech equipment. And some enterprises, like Sleep Number, Eight Sleep, ReST etc. are well-known for the wonderful performance of their Smart Mattress and related services. At the same time, North America, occupied 81% sales market share in 2017, is remarkable in the global Smart Mattress industry because of their market share and technology status of Smart Mattress.
The product average price declined in the past few years due to the technology development, the average price will keep the trend in the few future years due to increasing mature manufacturing technology and lowing cost of raw materials.
s the report focuses on global Smart Mattress market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the market on the basis of regions, manufacturers, applications, and type.
in addition, this report introduces market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report.
In market segmentation by manufacturers, the report covers the following companies-
Sleep Number
Eight
ReST
Kingsdown
In market segmentation by geographical regions, the report has analyzed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In market segmentation by types covers:
<40 inches
40-60 inches
>60 inches
In market segmentation by applications :
Residential
Commercial
Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Smart Mattress market for the forecast period 2020 - 2025?
• What are the driving forces in the Smart Mattress market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Smart Mattress industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?