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Smart Crib Market Size

  • Report ID: GMI10946
  • Published Date: Aug 2024
  • Report Format: PDF

Smart crib Market Size

Smart Crib Market size was valued at USD 413 Million in 2023 and is expected to grow at CAGR of 5.8% between 2024 and 2032. Innovations in baby furniture are driving the growth of smart cribs by making them more functional, safe, and appealing.

 

Enhanced safety features are a key focus, with smart cribs now including advanced monitoring systems that track a baby's sleep patterns, breathing, and movements, and alert parents to potential issues. New automated soothing technologies, like cribs that rock to calm the baby and customizable sleep environments with adjustable lighting and white noise, address different sleep needs more effectively. Connectivity has improved, allowing smart cribs to connect with other smart home devices and provide parents with real-time insights and control through apps. Versatility has increased with convertible designs that turn into toddler beds or play areas, extending the crib's use.

 

Comfort and convenience are enhanced by ergonomic designs, easy-to-use interfaces, adjustable mattress heights, and easy-to-clean materials. Modern aesthetics and personalization options make smart cribs not only functional but also stylish, matching contemporary home décor. Additionally, better manufacturing processes and global reach are making smart cribs more affordable and available worldwide. These innovations collectively drive the growth of smart cribs by meeting the evolving needs of modern parents, enhancing safety, comfort, and usability in everyday life.

 

The high cost of smart cribs limits their market growth by making them less accessible and reducing adoption rates among potential buyers. Many families, especially those on a tight budget, find the premium price of smart cribs prohibitive. Traditional cribs offer basic functionality at a lower cost, and the advanced features of smart cribs, like automated soothing, sleep tracking, and connectivity, may not always justify the higher expense.

 

Economic factors can worsen this issue, as families may prioritize essential purchases over premium items during financial uncertainties. Additionally, the advanced technologies and materials used in smart cribs drive up production costs, further increasing their price and limiting their appeal to a broader market. This situation narrows the consumer base to more affluent families or those willing to invest significantly in advanced baby care products, creating competition from more affordable alternatives.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

Global smart crib industry was valued at USD 413 million in 2023 and is anticipated to register 5.8% CAGR between 2024 and 2032 due to the innovations in baby furniture.

The wood segment in the market held 29.46% revenue share in 2023 due to its timeless look, durability, and natural properties.

U.S. smart crib market is expected to reach USD 140.29 million by 2032, driven by American consumers like innovative and tech-driven baby products.

HALO Sleep, Sleep Number Corporation, The Happiest Baby, Inc., SNOOZA, Smartbe Intelligent Stroller Inc., Hatch Baby Inc, 4moms (Thorley Industries, LLC), and Baby Bjorn (BabyBjörn AB), among others.

Smart Crib Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 247
  • Countries covered: 21
  • Pages: 152
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