Global Smart Furniture Market Size & Share to 2027
Global Smart Furniture Market
Smart Furniture includes smart home technology along with network-connected household goods like dressing tables, chairs, cabinet doors, and shelves. It aims at simplifying numerous basic problems among which charging electric device is the major problem. Due to increase in focus of consumers towards connected devices will drive the market growth.
Market Drivers
Rise in adoption of smart furniture across workplace such as corporate offices is the prominent factor which is expected to boost the global smart furniture market growth. Furthermore, increase in technological advancements and innovations will positively contribute the market growth. For instance, in June 2019, IKEA Systems had introduced robotic furniture system known as Rognan which is developed in collaboration with American Furniture Company Ori Living. It is especially designed for urban areas to maximize their small spaces, which is expected to launch first in Hang Kong and Japan in 2020. Moreover, smart furniture key manufacturers are developing smart tables which facilitate wireless charging of smartphones and mirrors displaying time, news as well as date which is expected to propel the global smart furniture market growth, over the forecast period.
Market Restraints
However, lack of awareness among people in underdeveloped nations is the major challenging factor which is expected to hinder the global smart furniture market growth. Also, higher investment cost and relatively new concepts of smart furniture will affect the market growth during this analysis period.
Market Segmentation
Global Smart Furniture Market is segmented into product type such as Smart Tables, Smart Desks, Smart Tools & Benches, Smart Sofas, and Smart Chairs. Further, market is segmented into application such as Corporate Offices, and Residential.
Also, Global Smart Furniture Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Market key Players
Various key players are discussed in this report such as Milano Smart Living, Modoola Ltd, Fonesalesman, Carlo Ratti, Tabula Sense, Herman Miller Inc., Seebo Interactive Ltd., Ikea Systems B.V., Ori Systems, Rognan, and Kamarq Holdings.
Market Taxonomy
By Product Type
- Smart Tables
- Smart Desks
- Smart Tools & Benches
- Smart Sofas
- Smart Chairs
- Corporate Offices
- Residential
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
- 1 Introduction
- 1.1 Objective of the Study
- 1.2 Market Definition
- 1.3 Market Scope
- 2 Research Methodology
- 2.1 Data Mining
- 2.2 Validation
- 2.3 Primary Interviews
- 2.4 List of Data Sources
- 3 Executive Summary
- 4 Global Smart Furniture Market Outlook
- 4.1 Overview
- 4.2 Market Dynamics
- 4.2.1 Drivers
- 4.2.2 Restraints
- 4.2.3 Opportunities
- 4.3 Porters Five Force Model
- 4.4 Value Chain Analysis
- 5 Global Smart Furniture Market, By Product Type
- 5.1 Y-o-Y Growth Comparison, By Product Type
- 5.2 Global Smart Furniture Market Share Analysis, By Product Type
- 5.3 Global Smart Furniture Market Size and Forecast, By Product Type
- 5.3.1 Smart Tables
- 5.3.2 Smart Desks
- 5.3.3 Smart Tools & Benches
- 5.3.4 Smart Sofas
- 5.3.5 Smart Chairs
- 6 Global Smart Furniture Market, By Application
- 6.1 Y-o-Y Growth Comparison, By Application
- 6.2 Global Smart Furniture Market Share Analysis, By Application
- 6.3 Global Smart Furniture Market Size and Forecast, By Application
- 6.3.1 Corporate Offices
- 6.3.2 Residential
- 7 Global Smart Furniture Market, By Region
- 7.1 Global Smart Furniture Market Share Analysis, By Region
- 7.2 Global Smart Furniture Market Share Analysis, By Region
- 7.3 Global Smart Furniture Market Size and Forecast, By Region
- 8 North America Smart Furniture Market Analysis and Forecast (2020 – 2027)
- 8.1 Introduction
- 8.2 North America Smart Furniture Market Share Analysis, By Product Type
- 8.3 North America Smart Furniture Market Size and Forecast, By Application
- 8.4 North America Smart Furniture Market Size and Forecast, By Country
- 8.4.1 U.S
- 8.4.2 Canada
- 8.4.3 Mexico
- 9 Europe Smart Furniture Market Analysis and Forecast (2020 – 2027)
- 9.1 Introduction
- 9.2 Europe Smart Furniture Market Share Analysis, By Product Type
- 9.3 Europe Smart Furniture Market Size and Forecast, By Application
- 9.4 Europe Smart Furniture Market Size and Forecast, By Country
- 9.4.1 Germany
- 9.4.2 France
- 9.4.3 UK
- 9.4.4 Rest of Europe
- 10 Asia Pacific Smart Furniture Market Analysis and Forecast (2020 – 2027)
- 10.1 Introduction
- 10.2 Asia Pacific Smart Furniture Market Share Analysis, By Product Type
- 10.3 Asia Pacific Smart Furniture Market Size and Forecast, By Application
- 10.4 Asia Pacific Smart Furniture Market Size and Forecast, By Country
- 10.4.1 China
- 10.4.2 Japan
- 10.4.3 India
- 10.4.4 Rest of Asia Pacific
- 11 Latin America Smart Furniture Market Analysis and Forecast (2020 – 2027)
- 11.1 Introduction
- 11.2 Latin America Smart Furniture Market Share Analysis, By Product Type
- 11.3 Latin America Smart Furniture Market Size and Forecast, By Application
- 11.4 Latin America Smart Furniture Market Size and Forecast, By Country
- 12 Middle East Smart Furniture Market Analysis and Forecast (2020 – 2027)
- 12.1 Introduction
- 12.2 Middle East Smart Furniture Market Share Analysis, By Product Type
- 12.3 Middle East Smart Furniture Market Size and Forecast, By Application
- 12.4 Middle East Smart Furniture Market Size and Forecast, By Country
- 13 Competitive Analysis
- 13.1 Competition Dashboard
- 13.2 Market share Analysis of Top Vendors
- 13.3 Key Development Strategies
- 14 Company Profiles
- 15.1 Milano Smart Living
- 15.1.1 Overview
- 15.1.2 Offerings
- 15.1.3 Key Financials
- 15.1.4 Business Segment & Geographic Overview
- 15.1.5 Key Market Developments
- 15.1.6 Key Strategies
- 15.2 Modoola Ltd
- 15.2.1 Overview
- 15.2.2 Offerings
- 15.2.3 Key Financials
- 15.2.4 Business Segment & Geographic Overview
- 15.2.5 Key Market Developments
- 15.2.6 Key Strategies
- 15.3 Fonesalesman
- 15.3.1 Overview
- 15.3.2 Offerings
- 15.3.3 Key Financials
- 15.3.4 Business Segment & Geographic Overview
- 15.3.5 Key Market Developments
- 15.3.6 Key Strategies
- 15.4 Carlo Ratti
- 15.4.1 Overview
- 15.4.2 Offerings
- 15.4.3 Key Financials
- 15.4.4 Business Segment & Geographic Overview
- 15.4.5 Key Market Developments
- 15.4.6 Key Strategies
- 15.5 Tabula Sense
- 15.5.1 Overview
- 15.5.2 Offerings
- 15.5.3 Key Financials
- 15.5.4 Business Segment & Geographic Overview
- 15.5.5 Key Market Developments
- 15.5.6 Key Strategies
- 15.6 Herman Miller Inc
- 15.6.1 Overview
- 15.6.2 Offerings
- 15.6.3 Key Financials
- 15.6.4 Business Segment & Geographic Overview
- 15.6.5 Key Market Developments
- 15.6.6 Key Strategies
- 15.7 Seebo Interactive Ltd
- 15.7.1 Overview
- 15.7.2 Offerings
- 15.7.3 Key Financials
- 15.7.4 Business Segment & Geographic Overview
- 15.7.5 Key Market Developments
- 15.7.6 Key Strategies
- 15.8 Koninklijke Philips N.V
- 15.8.1 Overview
- 15.8.2 Offerings
- 15.8.3 Key Financials
- 15.8.4 Business Segment & Geographic Overview
- 15.8.5 Key Market Developments
- 15.8.6 Key Strategies
- 15.9 Ikea Systems B.V.
- 15.9.1 Overview
- 15.9.2 Offerings
- 15.9.3 Key Financials
- 15.9.4 Business Segment & Geographic Overview
- 15.9.5 Key Market Developments
- 15.9.6 Key Strategies
- 15.10 Ori Systems
- 15.10.1 Overview
- 15.10.2 Offerings
- 15.10.3 Key Financials
- 15.10.4 Business Segment & Geographic Overview
- 15.10.5 Key Market Developments
- 15.10.6 Key Strategies
- 15.11 Rognan
- 15.11.1 Overview
- 15.11.2 Offerings
- 15.11.3 Key Financials
- 15.11.4 Business Segment & Geographic Overview
- 15.11.5 Key Market Developments
- 15.11.6 Key Strategies
- 15.12 Rognan
- 15.12.1 Overview
- 15.12.2 Offerings
- 15.12.3 Key Financials
- 15.12.4 Business Segment & Geographic Overview
- 15.12.5 Key Market Developments
- 15.12.6 Key Strategies
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