Israel Smart Furniture Market

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Israel Smart Furniture Market by Product Type (Smart Tables and Desks, Smart Stools and Benches, Smart Chairs, and Smart Beds), by End Use (Residential and Commercial), and by Distribution Channel (Online and Offline) – Opportunity Analysis and Industry Forecast, 2024–2030

Industry: ICT & Media | Publish Date: 03-Dec-2024 | No of Pages: 101 | No. of Tables: 71 | No. of Figures: 36 | Format: PDF | Report Code : IC1159

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Israel Smart Furniture Market Overview

The Israel Smart Furniture Market size was valued at USD 19.3 million in 2023 and is expected to reach USD 31.2 million by 2030, with a CAGR of 7.1% from 2024 to 2030. Smart furniture refers to modern furnishings and fixtures designed with embedded technology, sensors, and connectivity features that enhance functionality, convenience, and usability.

These furniture pieces are equipped to interact with users and adapt to various needs, often through remote control, smartphone apps, or voice-activated virtual assistants. Smart furniture improves comfort, efficiency, and user experience in living, working, or recreational spaces by integrating elements such as adjustable settings, built-in charging capabilities, environmental sensors, and connectivity with other smart devices.

Rising Demand for Space Saving and Multi-Functional Furniture Propels Market Growth

The growing need for furniture that saves space and serves multiple functions is a key factor driving the popularity of the smart furniture market. In today's busy urban areas, where living spaces are often limited in size, people are looking for smart solutions that make the most of their available space.

This trend reflects the changing lifestyle of city dwellers who prefer compact and versatile furniture. Smart furniture is designed to meet this demand, offering features such as hidden storage, foldable designs, and the ability to adapt to different uses. This furniture is essential for making the most out of small living spaces.

 

Increasing Demand for Home Automation is Propelling the Smart Furniture Market

The increasing prevalence of home automation is a significant driving force behind the surge in the Israel smart furniture market demand. As technology advances, consumers seek seamless integration between their furniture and home automation systems. This trend enables users to control and monitor various aspects of their living spaces remotely, fostering a more interconnected and technologically advanced home environment.

 

High Cost and Affordability Issues of Smart Furniture Hinders the Market Growth

Integrating advanced technology and smart features into smart furniture tends to be more expensive. This cost can be a real obstacle for many potential buyers, especially those mindful of their budgets. It acts as a barrier that prevents the Israel smart furniture market expansion, particularly in the segments of the population that prioritize affordability.

Integration of Wireless Charging Capabilities in Smart Furniture Create Market Opportunities

Wireless charging in smart furniture involves the incorporation of induction coils and compatible charging technology within the structure of the furniture itself. The primary aim is to provide users with a seamless and cable-free charging experience for their electronic devices, such as smartphones, tablets, or other gadgets that support wireless charging.

Also, furniture pieces including tables, desks, nightstands, and even seating arrangements can be designed with integrated wireless charging pads. These pads utilize electromagnetic fields to transfer power from the furniture to the battery of the device placed on the charging surface.

 

Competitive Landscape

Several market players operating in the Israel smart furniture industry include Inter IKEA Systems BV, Herman Miller, Inc., Steelcase, Inc., Sobro, StoreBound LLC, Seebo Interactive Ltd., Milano Smart Living, Modoola Limited, Hi-Interiors SRL, and Sleep Number Corporation.

Israel Smart Furniture Market Key Segments

By Product Type    

  • Smart Tables and Desks

  • Smart Stools and Benches

  • Smart Chairs

  • Smart Beds 

By End Use    

  • Residential

  • Commercial 

By Distribution Channel

  • Online

  • Offline

Key Players

  • Inter IKEA Systems BV

  • Herman Miller, Inc.

  • Steelcase, Inc.

  • Sobro

  • StoreBound LLC

  • Seebo Interactive Ltd.

  • Milano Smart Living

  • Modoola Limited

  • Hi-Interiors SRL

  • Sleep Number Corporation

REPORT SCOPE AND SEGMENTATION:

Parameters

Details

Market Size in 2023

USD 19.3 Million

Revenue Forecast in 2030

USD 31.2 Million

Growth Rate

CAGR of 7.1% from 2024 to 2030

Analysis Period

2023–2030

Base Year Considered

2023

Forecast Period

2024–2030

Market Size Estimation

Million (USD)

Growth Factors

Rising Demand for Space Saving and Multi-Functional Furniture Propels the Market Growth

Increasing Demand for Home Automation is Propelling the Smart Furniture Market

Companies Profiled

10

Market Share

Available for 10 companies

Customization Scope

Free customization (equivalent up to 80 working hours of analysts) after purchase. Addition or alteration to country, regional, and segment scope.

Pricing and Purchase Options

Avail customized purchase options to meet your exact research needs.

Bar chart Pie chart Pie chart

Frequently Asked Questions

The key market players operating in the Israel smart furniture market are Inter IKEA Systems BV, Herman Miller, Inc., Steelcase, Inc., Sobro, StoreBound LLC, Seebo Interactive Ltd., Milano Smart Living, Modoola Limited, Hi-Interiors SRL, and Sleep Number Corporation.

According to the Next Move Strategy Consulting, the size of the Israel smart furniture market is estimated to be at USD 31.2 million in 2030.

Israel smart furniture is advancing into the future with seamless integration into the Internet of Things (IoT), providing heightened personalization, sustainability, and improved functionality for a connected and eco-friendly lifestyle.

One of the key challenges in the Israel smart furniture industry is high costs and affordability issues.

According to the Next Move Strategy Consulting, the size of the Israel smart furniture market is estimated at USD 19.3 million in 2023.

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