Smart Pillow Market – Device which analyze sleep duration and sleep cycles
- Smart pillows have the ability to provide detailed analysis of sleep duration, sleep cycles, snoring, and restfulness. Large number of consumers across the globe are suffering from insomnia, sleep paralysis, parasomnias, restless legs syndrome, and circadian rhythm disorders. Smart pillows help users to understand their sleeping patterns. Moreover, the built-in-motion sensor enables to sleep for longer duration.
Rise in Number of Insomnia Patients will increase the demand of smart pillow globally
- Large number of population across the globe is suffering from insomnia. Smart pillows provide comfortable sleep and detailed analysis of sleeping disorders. As per a research study conducted by various institutions, including The Daily Dozers, a large part of the global population living in different countries, including Mexico, Kuwait, Saudi Arabia, Colombia, South Korea, Costa Rica, Chile, Qatar, Hong Kong, the UAE, Philippines, Japan, and Malaysia are sleeping less than seven hours, which is leading to depression, hormonal imbalance, weak immunity, memory loss, diabetes, irregular blood pressure, and other chronic illnesses. Furthermore, long working hours in corporate offices is driving people to procure products that will improve sleep. These factors are likely to fuel the market expansion.
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Europe accounts a major share of Global Smart Pillow Market
- Geographically, the global smart pillow market can be divided into five regions: North America (NA), Europe (EU), Asia Pacific (APAC), Middle East & Africa (MEA), and South America (SA).
- North America country-level analysis features the U.S., Canada, and Rest of North America. Analysis and forecast of the smart pillow market in Europe includes markets across the U.K., Germany, France, and Rest of Europe. Similarly, Asia Pacific includes India, China, Japan, and Rest of Asia Pacific. Middle East & Africa includes the smart pillow market analysis and forecast of GCC countries, South Africa, and Rest of Middle East & Africa. The South America smart pillow market is segmented into Brazil, and Rest of South America.
- Europe holds a major share of the smart pillow market. Countries like U.S., Canada and Mexico etc. are anticipated to drive the market of North America.
- However, Asia Pacific is anticipated to grow at a fastest CAGR growth rate during the forecast period. Advancement in technology plays a very significant role in the growth of smart pillow in this region.
Key Players Operating in the Smart Pillow Market:
Prominent players are projected to face tough competition in the coming years. Major brands are likely to focus on innovation of new products and research & development activities to strengthen their footprint in the global smart pillow market. Companies are engaging in mergers and acquisitions and joint ventures with local brands to expand their product portfolio. A few of the key players operating in the global smart pillow market are:
- Advanced Sleep Technologies, LLC
- Advanced Sleep Technologies, LLC
- Pressure Profile Systems Inc.
- Gio Clavis
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Global Smart Pillow Market – Research Scope
Global Smart Pillow Market, by Application
Global Smart Pillow Market, by Distribution Channel
- Hypermarkets & Supermarkets
- Specialty Store
The report on the global smart pillow market is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macroeconomic indicators, and governing factors, along with market attractiveness as per segments. The report also maps the qualitative impact of various factors on smart pillow market segments and regions.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.