Global Smart Pillows Market

Global Smart Pillows Market Size, Share, Growth Analysis, By Application(Residential, Commercial), By Distribution Channel(Online, Offline) - Industry Forecast 2024-2031

Report ID: SQSG30L2031 | Region: Global | Published Date: February, 2024
Pages: 165 | Tables: 61 | Figures: 75

Global Smart Pillows Market Competitive Landscape

Continuous product improvements and the addition of AI-based capabilities are what drive the market. For instance, lighting for bedtime reading is continuously being enhanced to gradually dim away as the user drifts off to sleep. To meet the comfort needs of the clients, the majority of businesses offer customisable memory foam clusters. The incorporation of audio systems that may recite books till a person falls asleep is another extremely unusual feature found in the newer model. These features are very popular with parents who require help telling their children goodnight stories.

Smart Pillows Market Top Player’s Company Profiles

  • ABB Ltd.
  • Siemens AG
  • Eaton Corporation
  • Schneider Electric SE
  • General Electric Company
  • Emerson Electric Co.
  • Hitachi, Ltd.
  • CG Power and Industrial Solutions Limited
  • Wilson Power Solutions
  • Ormazabal
  • Howard Industries, Inc.
  • Virginia Transformer Corp.
  • Pacific Crest Transformers
  • GBE S.p.A.
  • SGB-SMIT Group
  • TBEA Co. Ltd.
  • Betar Power Limited
  • JST Power Equipment
  • KONCAR - Electrical Industry Inc.
  • Sunbelt Transformer Ltd.

Smart Pillows Market Recent Development

  • In January 2021, Germany had 18.9% of the market share in Europe for smart pillows, and it is predicted that this industry would grow quickly. The country's high concentration of premium product offers, which is expected to continue to be a positive factor for industry growth, is one of the most prominent changes that has revolutionised market offerings.
  • In April 2021, Sunrise Smart Pillows, a new line of smart pillows, was introduced. These intelligent pillows are special in that they include light strips on both ends that mimic the light from the sun and aid in waking the sleeper. Since blue light is thought to awaken people much more effectively, this feature will aid in drawing clients.
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Global Smart Pillows Market size was valued at USD 540.66 million in 2019 and is poised to grow from USD 654.7 million in 2023 to USD 2376.9 million by 2031, growing at a CAGR of 21.3% in the forecast period (2024-2031).

Continuous product improvements and the addition of AI-based capabilities are what drive the market. For instance, lighting for bedtime reading is continuously being enhanced to gradually dim away as the user drifts off to sleep. To meet the comfort needs of the clients, the majority of businesses offer customisable memory foam clusters. The incorporation of audio systems that may recite books till a person falls asleep is another extremely unusual feature found in the newer model. These features are very popular with parents who require help telling their children goodnight stories. 'ABB Ltd.', 'Siemens AG', 'Eaton Corporation', 'Schneider Electric SE', 'General Electric Company', 'Emerson Electric Co.', 'Hitachi, Ltd.', 'CG Power and Industrial Solutions Limited', 'Wilson Power Solutions', 'Ormazabal', 'Howard Industries, Inc.', 'Virginia Transformer Corp.', 'Pacific Crest Transformers', 'GBE S.p.A.', 'SGB-SMIT Group', 'TBEA Co. Ltd.', 'Betar Power Limited', 'JST Power Equipment', 'KONCAR - Electrical Industry Inc.', 'Sunbelt Transformer Ltd.'

The need for smart pillows is being driven by a sharp rise in sleep-related problems and a sizable population of Baby Boomers and Generation X. Sales of smart pillows are boosted by the quick development of innovation, improved product efficiency, and the addition of new features. Along with this, rising hotel and medical facility demand also fuels the expansion of the global market for smart pillows. Obesity, diabetes, and heart disease are becoming more common, and these conditions are linked to snoring behaviours. As a result, this becomes a crucial factor fueling the growth of the global market for smart pillows. The manufacturers' significant investment in R&D and the endorsement of the product by healthcare professionals and institutions are expected to boost demand for smart pillows globally.

A sizable audience of consumers are drawn to products like anti-snoring pillows as a result of the rapid advancement of numerous technical features. An additional reason that is influencing consumer choice for such "smart" products is the accessibility of technologically advanced features like sleep trackers in pillows.

With 45.6% of global sales in 2021, the North American smart pillows market for smart pillows was the largest regional market. In December 2021, a poll by The Good Body found that more than 35% of Americans did not obtain the recommended seven hours of sleep, and about 20% had sleep disorders. Additionally, 97% of kids in the United States sleep for fewer than the recommended number of hours per night, and 7 out of every 10 students suffer from sleep deprivation.

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Global Smart Pillows Market

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