Global
smart mattress market is anticipated to witness an exponential growth in the
forecast period. A smart mattress constitutes sleep-monitoring systems. Sensors
located track motion, and the other vital records. The factors that propel the
growth of the market include increasing investments in R&D, innovative
mattresses with smart features, smart mattresses release electromagnetic
radiations and are suggested for adults, increasing concern, growing
hospitality and healthcare industry, surge in demand, growing disposable
income, and increasing penetration of high-speed Internet and smartphones.
On
the other hand, there are factors that may hamper the growth of the market
including an increase in cost wars among existing vendors and lack of
consciousness among the population. Smart mattress market is anticipated to
expand at a significant CAGR of 11.16% in the upcoming period as the scope,
product types, and its applications are increasing across the globe. The market
has emerged as a new trend, is rising investments in R&D activities to
produce innovative mattresses with smart characteristics. In addition, these
smart mattresses emit electromagnetic radiation and are thus not recommended
for children.
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Market
could be explored by type, product type, application and geography. Market by
type could span >60 inches, 40-60 inches, and <40 inches. The market
could be segmented by product type as Latex Mattress, Foam Mattress,
Innerspring Mattress and Other.
The
key applications that could be explored in the market include Hospitals,
Hotels, Private Households and Other. The “Hospitals” segment led the smart
mattress market in 2016 and will continue to lead in the forecast period. The
key factors that may be attributed to the growth of the market includes increasing
demand from hospitals and the healthcare industry and rising consciousness.
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Market Segment:
The various contributors involved in the
value chain of Smart Mattress include manufacturers, suppliers, distributors,
intermediaries, and customers. The key manufacturers in the Smart Mattress
include
•
Sleep Number
•
Eight Sleep
•
Kingsdown
•
Responsive Surface Technology
•
Serta Simmons Bedding
•
Tempur Sealy International
•
Hilding Anders
Market size split by Region
•
North America
•
United States
•
Canada
•
Mexico
•
Asia-Pacific
•
China
•
India
•
Japan
•
South Korea
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