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 Insights

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).

The global smart pillow market is expected to gain popularity as it is incorporated with novel mechanisms to detect and manage snores. Each product comes with its own control system to provide a variety of vibrations as per the consumer’s demand.

As many sleepers suffer from severe snoring such as obstructive sleep apnea, the need for smart pillows has skyrocketed. Obstructive sleep apnea can cause heart diseases, diabetes, stroke, sleep disorders, and various other health issues. Players in the market are implementing state-of-the-art technology to target these problems among patients.

As per The American Academy of Sleep Medicine social study in 2019, it is found that 24% of women and 40% of men were regular snorers. A study by several organisations, including The Daily Dozers, found that most people in Kuwait, Mexico, Colombia, Saudi Arabia, Costa Rica, South Korea, Qatar, Chile, the United Arab Emirates, Hong Kong, Japan, the Philippines, and Malaysia slept for less than seven hours on average.

Deprived sleep can cause irregular hormones, depression, memory loss, decreased immunity, irregular blood pressure, diabetes, obesity, and other chronic illnesses. Smart pillows market will witness lucrative growth opportunities in the coming years due to these factors.

US Smart Pillows Market is poised to grow at a sustainable CAGR for the next forecast year.

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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

Product ID: SQSG30L2031

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