Market Overview:
The global electric smart bed market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for electric smart beds from both, household and commercial applications. Additionally, the rising awareness about the health benefits of using electric smart beds is also contributing to the growth of this market. Some of the major players operating in this market are Bedgear LLC (U.S.), Ergotech Incorporation (U.S.), Leggett & Platt Incorporated (U.S.), Reverie Holdings LLC (U.S.) and Simmons Bedding Company LLC (U.
Product Definition:
An electric smart bed is a type of bed that has been designed to make it easier for the person who is using it to get in and out of. They typically have a motor that will help lift the user up and down, which can make things a lot easier if you are struggling with mobility issues.
Single Beds:
Single beds are also known as single mattresses or single bed frames. They are used for sleeping by one person and generally come with a storage space below the bed to store valuables. The product is gaining popularity due to its easy usage, flexibility, and growing preference for urban lifestyle coupled with rising demand from the millennial population which mostly prefer spending less time in mattress shopping and more time on sleep.
Double Beds:
Double beds are also known as double-decker beds. They are used in electric smart bed market to make the bed higher and thicker for people with difficulty in getting into or out of bed due to their physical disabilities.
Electric smart beds have features such as automatic height adjustability, side rails, and a wide variety of mattress sizes which makes it easier for elderly people or disabled person to get in or out of bed without any assistance.
Application Insights:
The household segment dominated the global electric smart bed market in 2017. The increasing use of smart devices, growing preference for technologically advanced products and rapid growth in the number of households are some of the factors driving this segment. Moreover, manufacturers are focusing on developing innovative products to gain a competitive edge over their rivals. For instance, TATA Home Systems launched its latest product named as ¢â‚¬ËœTata Smart Bedroom System¢â‚¬â„¢ which includes an intelligent alarm clock with music player and LED TV integrated. This system is compatible with Amazon Alexa platform allowing users to control various functions through voice commands. Such trends will drive demand over the forecast period thereby contributing towards overall market growth during this period.
Commercial application accounted for a share of 29% in 2017 owing to rising adoption by hotels.
Regional Analysis:
North America dominated the global market in 2017. The growth is attributed to increasing awareness regarding sleep disorder, rising preference for smart devices, and growing demand for technologically advanced products. Moreover, presence of key players such as iHome; mattress manufacturer - Serta; and mattress retailers including Sleep Country USA are expected to boost the regional product demand over the forecast period.
Asia Pacific is anticipated to witness significant growth over the next eight years owing to increasing disposable income levels coupled with growing population in countries such as China and India. Furthermore, improving standard of living due to rise in per capita income has led consumers into spending more on household goods including beds which will further drive industry expansion over this period. Rising number of hotels & resorts along with increased purchasing power will also support regional market development during this period 8/19/2018– 9/1/2018 (Japan).
Growth Factors:
- Increasing demand for electric smart beds owing to its health benefits over traditional beds.
- Rising geriatric population who are susceptible to various chronic diseases, is expected to fuel the growth of electric smart bed market.
- Growing awareness about the benefits of using electric smart bed among consumers is anticipated to propel the growth of this market during the forecast period.
- Technological advancements in terms of features and design offered by electric smart beds manufacturers are projected to boost their sales in near future
Scope Of The Report
Report Attributes
Report Details
Report Title
Electric Smart Bed Market Research Report
By Type
Single Beds, Double Beds
By Application
Household, Commercial
By Companies
L&P, Ergomotion, Primo International, Reverie, Keeson, Beautyrest, Tempur-Pedic, Easy Rest, Serta, Natural Form, Sealy, Luffabenz, Boyd Specialty Sleep, Dreams
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
209
Number of Tables & Figures
147
Customization Available
Yes, the report can be customized as per your need.
Global Electric Smart Bed Market Report Segments:
The global Electric Smart Bed market is segmented on the basis of:
Types
Single Beds, Double Beds
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Household, Commercial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- L&P
- Ergomotion
- Primo International
- Reverie
- Keeson
- Beautyrest
- Tempur-Pedic
- Easy Rest
- Serta
- Natural Form
- Sealy
- Luffabenz
- Boyd Specialty Sleep
- Dreams
Highlights of The Electric Smart Bed Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Single Beds
- Double Beds
- By Application:
- Household
- Commercial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electric Smart Bed Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Electric Smart Bed is a bed that uses electricity to power its functions. This bed features sensors that track your sleep patterns and provide feedback to help you improve your sleep quality. The bed also has smart features, such as an alarm clock, temperature control, and a USB port for charging devices.
Some of the major players in the electric smart bed market are L&P, Ergomotion, Primo International, Reverie, Keeson, Beautyrest, Tempur-Pedic, Easy Rest, Serta, Natural Form, Sealy, Luffabenz, Boyd Specialty Sleep, Dreams.
The electric smart bed market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Electric Smart Bed Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Electric Smart Bed Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Electric Smart Bed Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Electric Smart Bed Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Electric Smart Bed Market Size & Forecast, 2018-2028
4.5.1 Electric Smart Bed Market Size and Y-o-Y Growth
4.5.2 Electric Smart Bed Market Absolute $ Opportunity
Chapter 5 Global Electric Smart Bed Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Electric Smart Bed Market Size Forecast by Type
5.2.1 Single Beds
5.2.2 Double Beds
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Electric Smart Bed Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Electric Smart Bed Market Size Forecast by Applications
6.2.1 Household
6.2.2 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electric Smart Bed Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Electric Smart Bed Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Electric Smart Bed Analysis and Forecast
9.1 Introduction
9.2 North America Electric Smart Bed Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Electric Smart Bed Market Size Forecast by Type
9.6.1 Single Beds
9.6.2 Double Beds
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Electric Smart Bed Market Size Forecast by Applications
9.10.1 Household
9.10.2 Commercial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Electric Smart Bed Analysis and Forecast
10.1 Introduction
10.2 Europe Electric Smart Bed Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Electric Smart Bed Market Size Forecast by Type
10.6.1 Single Beds
10.6.2 Double Beds
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Electric Smart Bed Market Size Forecast by Applications
10.10.1 Household
10.10.2 Commercial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Electric Smart Bed Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Electric Smart Bed Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Electric Smart Bed Market Size Forecast by Type
11.6.1 Single Beds
11.6.2 Double Beds
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Electric Smart Bed Market Size Forecast by Applications
11.10.1 Household
11.10.2 Commercial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Electric Smart Bed Analysis and Forecast
12.1 Introduction
12.2 Latin America Electric Smart Bed Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Electric Smart Bed Market Size Forecast by Type
12.6.1 Single Beds
12.6.2 Double Beds
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Electric Smart Bed Market Size Forecast by Applications
12.10.1 Household
12.10.2 Commercial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Electric Smart Bed Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Electric Smart Bed Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Electric Smart Bed Market Size Forecast by Type
13.6.1 Single Beds
13.6.2 Double Beds
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Electric Smart Bed Market Size Forecast by Applications
13.10.1 Household
13.10.2 Commercial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Electric Smart Bed Market: Competitive Dashboard
14.2 Global Electric Smart Bed Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 L&P
14.3.2 Ergomotion
14.3.3 Primo International
14.3.4 Reverie
14.3.5 Keeson
14.3.6 Beautyrest
14.3.7 Tempur-Pedic
14.3.8 Easy Rest
14.3.9 Serta
14.3.10 Natural Form
14.3.11 Sealy
14.3.12 Luffabenz
14.3.13 Boyd Specialty Sleep
14.3.14 Dreams
