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Smart Flooring Market Report by Component (Hardware, Software), Application (Healthcare and Rehabilitation, Gaming and Sports, Security, Retail, Smart Homes, and Others), and Region 2024-2032
Report Format: PDF+Excel | Report ID: SR112024A12464
Year End
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Market Overview:
The global smart flooring market size reached US$ 298.6 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 7,830.5 Million by 2032, exhibiting a growth rate (CAGR) of 43.76% during 2024-2032. The rising concerns regarding environmental sustainability among the masses, the increasing adoption of the Internet of Things (IoT)-enabled devices and continual advancements in sensor technology represent some of the key factors driving the market.
|
Report Attribute
|
Key Statistic
|
|---|---|
|
Base Year
|
2023 |
|
Forecast Years
|
2024-2032
|
|
Historical Years
|
2018-2023
|
| Market Size in 2023 | US$ 298.6 Million |
| Market Forecast in 2032 | US$ 7,830.5 Million |
| Market Growth Rate (2024-2032) |
43.76%
|
Smart flooring is a revolutionary advancement in flooring technology that combines traditional flooring materials with embedded sensors, interconnected systems, and intelligent capabilities. The traditional idea of flooring is expanded upon, becoming a dynamic and reactive surface that actively reacts to its surroundings. It incorporates a variety of cutting-edge technology, including the Internet of Things (IoT), artificial intelligence (AI), and data analytics, to improve functionality, convenience, safety, and energy economy. Additionally, it may communicate with other smart systems and gadgets in a smart home or other locations due to its linked nature. It can effortlessly interact with smart HVAC, security, entertainment, and lighting systems, as well as smart lighting, heating, ventilation, and air conditioning (HVAC) systems. Moreover, it is equipped with numerous sensors to detect and keep track of factors, including motion, pressure, temperature, humidity, and even air quality.
Smart Flooring Market Trends:
The escalating demand for automation and smart technologies majorly drives the global market. This can be supported by the rising uptake of smart solutions that enhance convenience, efficiency, and automation. Smart flooring aligns with this trend by offering innovative features, such as automated lighting, heating, and cooling control, energy management, and intelligent monitoring systems, thus impacting the market. Along with this, the growing emphasis on energy efficiency and reduced carbon footprint across various industries due to the escalating concerns regarding environmental sustainability is significantly supporting the overall demand. In addition, the widespread adoption of smart flooring as it aids in detecting hazards, such as fires, water leaks, and intrusions, enabling early detection and timely response, is positively influencing the market. Apart from this, the integration of smart home systems to provide additional functionality, such as personalized lighting schemes, presence detection, and even navigation assistance for the visually impaired, is contributing to the product demand. Furthermore, continual advancements in sensor technology, wireless connectivity, and manufacturing processes to reduce the cost of smart flooring systems are creating a positive market outlook. Some of the other factors driving the factor include the rapid urbanization and industrialization, rising adoption of the Internet of Things (IoT)-enabled devices, favorable government regulations and extensive research and development (R&D) activities conducted by key players to introduce enhanced product variants.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global smart flooring market report, along with forecasts at the global, regional, and country levels for 2024-2032. Our report has categorized the market based on component and application.
Component Insights:
- Hardware
- Software
The report has provided a detailed breakup and analysis of the smart flooring market based on the component. This includes hardware and software. According to the report, hardware exhibited a clear dominance in the market.
Application Insights:
- Healthcare and Rehabilitation
- Gaming and Sports
- Security
- Retail
- Smart Homes
- Others
A detailed breakup and analysis of the smart flooring market based on the application has also been provided in the report. This includes healthcare and rehabilitation, gaming and sports, security, retail, smart homes, and others. According to the report, healthcare and rehabilitation application represented the largest segment.
Regional Insights:
- North America
- United States
- Canada
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Others
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America was the largest market for smart flooring. Some of the factors driving the North America smart flooring market included continual technological advancements, rapid automation, the growing emphasis on energy efficiency, etc.
Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global smart flooring market. Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the companies covered include American Pro Marketing LLC, AMF-Bruns of America, CubiCasa Oy, Energy Floors, Future-Shape GmbH, HLS Healthcare Pty Ltd, Pavegen Systems Ltd, Scanalytics Inc., Technis SA, Wixalia Benelux, etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Report Coverage:
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Units | US$ Million |
| Scope of the Report | Exploration of Historical and Forecast Trends, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment:
|
| Components Covered | Hardware, Software |
| Applications Covered | Healthcare and Rehabilitation, Gaming and Sports, Security, Retail, Smart Homes, Others |
| Regions Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Countries Covered | United States, Canada, Germany, France, United Kingdom, Italy, Spain, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
| Companies Covered | American Pro Marketing LLC, AMF-Bruns of America, CubiCasa Oy, Energy Floors, Future-Shape GmbH, HLS Healthcare Pty Ltd, Pavegen Systems Ltd, Scanalytics Inc., Technis SA, Wixalia Benelux, etc. |
| Customization Scope | 10% Free Customization |
| Report Price and Purchase Option | Single User License: US$ 3899 Five User License: US$ 4899 Corporate License: US$ 5899 |
| Post-Sale Analyst Support | 10-12 Weeks |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the global smart flooring market performed so far, and how will it perform in the coming years?
- What are the drivers, restraints, and opportunities in the global smart flooring market?
- What is the impact of each driver, restraint, and opportunity on the global smart flooring market?
- What are the key regional markets?
- Which countries represent the most attractive smart flooring market?
- What is the breakup of the market based on the component?
- Which is the most attractive component in the smart flooring market?
- What is the breakup of the market based on the application?
- Which is the most attractive application in the smart flooring market?
- What is the competitive structure of the global smart flooring market?
- Who are the key players/companies in the global smart flooring market?
Key Benefits for Stakeholders:
- IMARC’s report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the smart flooring market from 2018-2032.
- The research study provides the latest information on the market drivers, challenges, and opportunities in the global smart flooring market.
- The study maps the leading, as well as the fastest-growing, regional markets. It further enables stakeholders to identify the key country-level markets within each region.
- Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the smart flooring industry and its attractiveness.
- Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.
Need more help?
- Speak to our experienced analysts for insights on the current market scenarios.
- Include additional segments and countries to customize the report as per your requirement.
- Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
- For further assistance, please connect with our analysts.
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