Global Smart Bed Market

Smart Bed Market Size, Share, Growth Analysis, By Product Type (Semi-automatic Control, Fully Automatic Control), By Application (Residential, Hospitality), By Distribution Channel (Supermarket/Hypermarket, Online), By Region - Industry Forecast 2024-2031

Report ID: SQMIG25F2064 | Region: Global | Published Date: November, 2024
Pages: 223 | Tables: 61 | Figures: 75

Smart Bed Market News

  • In March 2022, Invacare Corporation announced the appointment of Aron I. Schwartz, aged 51, to its Board of Directors. Mr. Schwartz is a former managing director of ACON Investments, bringing valuable experience in finance and investment to the board.
  • In December 2021, Reverie, a smart bed manufacturer, announced a partnership with Eight Sleep, a sleep technology company, to develop a new line of smart mattresses. The mattresses feature Eight Sleep's sleep tracking and biometric monitoring technology, which provides users with personalized sleep insights and recommendations.
  • In November 2021, SleepScore Labs, a sleep solutions company, announced the launch of its new SleepScore Max 2 smart bed sensor. The sensor uses artificial intelligence and machine learning to track and analyze sleep patterns, providing users with personalized recommendations for improving sleep quality.
  • In September 2021, Serta Simmons Bedding, LLC, a prominent player in the smart bed market, announced collaboration with Hologenix, LLC, to develop a new smart bed technology that incorporates infrared energy into the mattress fabric. The technology is aimed at promoting recovery and enhancing sleep quality.
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FAQs

Global Smart Bed Market size was valued at USD 3.5 billion in 2022 and is poised to grow from USD 3.7 billion in 2023 to USD 6.2 billion by 2031, at a CAGR of 6.8% during the forecast period (2024-2031).

Global smart bed market is highly competitive, with a large number of companies competing for market share. Some of the key players in the market are competing on the basis of product features, pricing, and brand recognition. Product innovation and differentiation are also important factors in the competition, as companies strive to offer unique features and technologies that set their products apart. In addition to established players, the Smart Bed market has seen the entry of new players, such as Hi-Interiors Srl and Levitas Design LLC, which are seeking to disrupt the market with innovative products and business models. 'Sleep Number Corporation  ', 'Tempur Sealy International, Inc.  ', 'Serta Simmons Bedding, LLC ', 'Ergomotion Inc.  ', 'Kingsdown, Inc. ', 'Reverie  ', 'Leggett & Platt, Inc.  ', 'Hi-Interiors Srl  ', 'Hilding Anders International AB  ', 'Luna- Carpet ', 'iSense Sleep  ', 'Levitas Design LLC ', 'Responsive Surface Technology, LLC  ', 'A.H. Beard ', 'Magniflex S.p.A.  ', 'Select Comfort Corporation ', 'Nightingale home health service ', 'Sleepace ', 'PARAMOUNT BED CO., LTD. ', 'Arjo AB '

Advancements in technology have led to the development of smart beds with features such as IoT connectivity, voice command, and smart home integration. These features allow consumers to easily control various aspects of their sleeping environment, such as lighting and temperature.

Increasing demand for personalized sleeping solutions: Consumers are increasingly seeking customized sleeping solutions tailored to their needs. Smart beds with features such as adjustable firmness, temperature control, and sleep tracking technology are becoming popular among consumers who want to optimize their sleeping experience.

North America dominated the global market. This can be attributed to a number of factors, including the high standard of living and disposable income in this region, as well as the increasing demand for innovative sleep solutions. Moreover, the presence of key market players and increasing investments in research and development activities are also expected to drive market growth in North America.

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Global Smart Bed Market

Report ID: SQMIG25F2064

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