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Residential Digital Faucets Market to grow by USD 1.99 Bn by 2026, Segmentation by Type and Geography - Technavio

NEW YORK, Nov. 8, 2022 /PRNewswire/ -- The residential digital faucets market is expected to grow by USD 1.99 billion during 2021-2026, accelerating at a CAGR of 6.5% during the forecast period, according to Technavio. The report offers an up-to-date analysis to know the exact growth variance and the Y-O-Y growth rate Request a free sample report.

Technavio has announced its latest market research report titled Global Residential Digital Faucets Market 2022-2026

Residential Digital Faucets Market 2022-2026: Segmentation Analysis

  • Type 
    • Automated 
      • Touchless faucets that use proximity sensors are known as automated faucets. A proximity sensor controls the valve mechanism in automatic household digital faucets. These sensors open the faucet's valve in reaction to the presence of the user's hand nearby and close the valve after a few seconds or when the sensor no longer detects the presence of hands. Most automatic faucets run on batteries and have an active infrared sensor to detect hand movements.
    • Manual
  • Geography 
    • APAC 
      • APAC will account for 28% of market growth. APAC's primary markets for home digital faucets are China and Japan. The market in this region will expand more quickly than the market in other regions. Residential digital faucets market expansion in APAC would be aided by rising consumer spending on bathroom and kitchen remodeling activities over the projected period.
    • North America
    • Europe
    • South America
    • Middle East And Africa

To learn more about the additional trends impacting the future of the market and the positive and negative consequences on the businesses, download a free sample report.

Residential Digital Faucets Market 2022-2026: Scope

Technavio presents a detailed picture of the market through study, synthesis, and summation of data from multiple sources. Our residential digital faucets market report covers the following areas:

  • Residential Digital Faucets Market size
  • Residential Digital Faucets Market trends
  • Residential Digital Faucets Market industry analysis

The increasing consumer expenditure on bathroom and kitchen remodeling, the flourishing residential construction industry, and technological advancements in residential digital faucets will offer immense growth opportunities. However, the high cost of residential digital faucets might hamper the market growth.

Residential Digital Faucets Market 2022-2026: Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the Residential Digital Faucets Market, including some of the vendors such as vendors Backed with competitive intelligence and benchmarking, our research reports on the Residential Digital Faucets Market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

  • CERA Sanitaryware Ltd.: The company offers residential digital faucets such as deck-mounted sensor taps, wall mounted sensor taps.
  • Kohler Co.: The company offers residential digital faucets namely Oblo.
  • LIXIL Corp.: The company offers residential digital faucets through its subsidiary Grohe.
  • Masco Corp.: The company offers residential digital faucets through its subsidiary Delta Faucet Co.
  • Regal Rexnord Corp.: The company offers residential digital faucets such as EZ Gear Driven Camaya Series Deck Mounted Sensor Faucet.

Find additional highlights on the growth strategies adopted by vendors and their product offerings, Buy Sample Report.

Residential Digital Faucets Market 2022-2026: Key Highlights

  • CAGR of the market during the forecast period
  • Detailed information on factors that will assist residential digital faucets market growth during the next five years
  • Estimation of the residential digital faucets market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the residential digital faucets market
  • Analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of residential digital faucets market vendors

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Residential Digital Faucets Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 6.5%

Market growth 2022-2026

$1.99 billion

Market structure

Fragmented

YoY growth (%)

6.1

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

APAC at 28%

Key consumer countries

US, Canada, China, Japan, UK, and Germany

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Acquaviva India Pvt. Ltd., Bela Sanitary Ware Co. Ltd., CERA Sanitaryware Ltd., Danube Group, Euronics Industries Pvt. Ltd., Jupiter Aqua Lines Ltd., Kajaria Ceramics Ltd., Kohler Co., Kraus USA Inc., LIXIL Corp., Masco Corp., Moen Inc., Oras Ltd., Regal Rexnord Corp., RN Valves and Faucets, Roca Corporacion Empresarial SA, Spectrum Brands Holdings Inc., Taiwan Kingbird Enterprises Inc., The Jaquar Group, and Toto Ltd.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table Of Contents :

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
  • 3.4 Market outlook: Forecast for 2021-2026
    • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
    • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary
    • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
  • 4.2 Bargaining power of buyers
    • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
  • 4.3 Bargaining power of suppliers
    • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
  • 4.4 Threat of new entrants
    • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
  • 4.5 Threat of substitutes
    • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
  • 4.6 Threat of rivalry
    • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
  • 4.7 Market condition
    • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Type

  • 5.1 Market segments
    • Exhibit 24: Chart on Type - Market share 2021-2026 (%)
    • Exhibit 25: Data Table on Type - Market share 2021-2026 (%)
  • 5.2 Comparison by Type
    • Exhibit 26: Chart on Comparison by Type
    • Exhibit 27: Data Table on Comparison by Type
  • 5.3 Automated - Market size and forecast 2021-2026
    • Exhibit 28: Chart on Automated - Market size and forecast 2021-2026 ($ million)
    • Exhibit 29: Data Table on Automated - Market size and forecast 2021-2026 ($ million)
    • Exhibit 30: Chart on Automated - Year-over-year growth 2021-2026 (%)
    • Exhibit 31: Data Table on Automated - Year-over-year growth 2021-2026 (%)
  • 5.4 Manual - Market size and forecast 2021-2026
    • Exhibit 32: Chart on Manual - Market size and forecast 2021-2026 ($ million)
    • Exhibit 33: Data Table on Manual - Market size and forecast 2021-2026 ($ million)
    • Exhibit 34: Chart on Manual - Year-over-year growth 2021-2026 (%)
    • Exhibit 35: Data Table on Manual - Year-over-year growth 2021-2026 (%)
  • 5.5 Market opportunity by Type
    • Exhibit 36: Market opportunity by Type ($ million)

6 Customer Landscape

  • 6.1 Customer landscape overview
    • Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

  • 7.1 Geographic segmentation
    • Exhibit 38: Chart on Market share by geography 2021-2026 (%)
    • Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
  • 7.2 Geographic comparison
    • Exhibit 40: Chart on Geographic comparison
    • Exhibit 41: Data Table on Geographic comparison
  • 7.3 North America - Market size and forecast 2021-2026
    • Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
    • Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)
  • 7.4 Europe - Market size and forecast 2021-2026
    • Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
    • Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)
  • 7.5 APAC - Market size and forecast 2021-2026
    • Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
    • Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)
  • 7.6 South America - Market size and forecast 2021-2026
    • Exhibit 54: Chart on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 55: Data Table on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 56: Chart on South America - Year-over-year growth 2021-2026 (%)
    • Exhibit 57: Data Table on South America - Year-over-year growth 2021-2026 (%)
  • 7.7 Middle East and Africa - Market size and forecast 2021-2026
    • Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
  • 7.8 US - Market size and forecast 2021-2026
    • Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
    • Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)
  • 7.9 China - Market size and forecast 2021-2026
    • Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
    • Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)
  • 7.10 UK - Market size and forecast 2021-2026
    • Exhibit 70: Chart on UK - Market size and forecast 2021-2026 ($ million)
    • Exhibit 71: Data Table on UK - Market size and forecast 2021-2026 ($ million)
    • Exhibit 72: Chart on UK - Year-over-year growth 2021-2026 (%)
    • Exhibit 73: Data Table on UK - Year-over-year growth 2021-2026 (%)
  • 7.11 Germany - Market size and forecast 2021-2026
    • Exhibit 74: Chart on Germany - Market size and forecast 2021-2026 ($ million)
    • Exhibit 75: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
    • Exhibit 76: Chart on Germany - Year-over-year growth 2021-2026 (%)
    • Exhibit 77: Data Table on Germany - Year-over-year growth 2021-2026 (%)
  • 7.12 Canada - Market size and forecast 2021-2026
    • Exhibit 78: Chart on Canada - Market size and forecast 2021-2026 ($ million)
    • Exhibit 79: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
    • Exhibit 80: Chart on Canada - Year-over-year growth 2021-2026 (%)
    • Exhibit 81: Data Table on Canada - Year-over-year growth 2021-2026 (%)
  • 7.13 Japan - Market size and forecast 2021-2026
    • Exhibit 82: Chart on Japan - Market size and forecast 2021-2026 ($ million)
    • Exhibit 83: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
    • Exhibit 84: Chart on Japan - Year-over-year growth 2021-2026 (%)
    • Exhibit 85: Data Table on Japan - Year-over-year growth 2021-2026 (%)
  • 7.14 Market opportunity by geography
    • Exhibit 86: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers
  • 8.2 Market challenges
  • 8.3 Impact of drivers and challenges
    • Exhibit 87: Impact of drivers and challenges in 2021 and 2026
  • 8.4 Market trends

9 Vendor Landscape

  • 9.1 Overview
  • 9.2 Vendor landscape
    • Exhibit 88: Overview on Criticality of inputs and Factors of differentiation
  • 9.3 Landscape disruption
    • Exhibit 89: Overview on factors of disruption
  • 9.4 Industry risks
    • Exhibit 90: Impact of key risks on business

10 Vendor Analysis

  • 10.1 Vendors covered
    • Exhibit 91: Vendors covered
  • 10.2 Market positioning of vendors
    • Exhibit 92: Matrix on vendor position and classification
  • 10.3 Bela Sanitary Ware Co. Ltd.
    • Exhibit 93: Bela Sanitary Ware Co. Ltd. - Overview
    • Exhibit 94: Bela Sanitary Ware Co. Ltd. - Product / Service
    • Exhibit 95: Bela Sanitary Ware Co. Ltd. - Key offerings
  • 10.4 CERA Sanitaryware Ltd.
    • Exhibit 96: CERA Sanitaryware Ltd. - Overview
    • Exhibit 97: CERA Sanitaryware Ltd. - Product / Service
    • Exhibit 98: CERA Sanitaryware Ltd. - Key offerings
  • 10.5 Kohler Co.
    • Exhibit 99: Kohler Co. - Overview
    • Exhibit 100: Kohler Co. - Product / Service
    • Exhibit 101: Kohler Co. - Key news
    • Exhibit 102: Kohler Co. - Key offerings
  • 10.6 LIXIL Corp.
    • Exhibit 103: LIXIL Corp. - Overview
    • Exhibit 104: LIXIL Corp. - Business segments
    • Exhibit 105: LIXIL Corp. - Key offerings
    • Exhibit 106: LIXIL Corp. - Segment focus
  • 10.7 Masco Corp.
    • Exhibit 107: Masco Corp. - Overview
    • Exhibit 108: Masco Corp. - Business segments
    • Exhibit 109: Masco Corp. - Key offerings
    • Exhibit 110: Masco Corp. - Segment focus
  • 10.8 Regal Rexnord Corp.
    • Exhibit 111: Regal Rexnord Corp. - Overview
    • Exhibit 112: Regal Rexnord Corp. - Business segments
    • Exhibit 113: Regal Rexnord Corp. - Key offerings
    • Exhibit 114: Regal Rexnord Corp. - Segment focus
  • 10.9 Roca Corporacion Empresarial SA
    • Exhibit 115: Roca Corporacion Empresarial SA - Overview
    • Exhibit 116: Roca Corporacion Empresarial SA - Product / Service
    • Exhibit 117: Roca Corporacion Empresarial SA - Key news
    • Exhibit 118: Roca Corporacion Empresarial SA - Key offerings
  • 10.10 Spectrum Brands Holdings Inc.
    • Exhibit 119: Spectrum Brands Holdings Inc. - Overview
    • Exhibit 120: Spectrum Brands Holdings Inc. - Business segments
    • Exhibit 121: Spectrum Brands Holdings Inc. - Key news
    • Exhibit 122: Spectrum Brands Holdings Inc. - Key offerings
    • Exhibit 123: Spectrum Brands Holdings Inc. - Segment focus
  • 10.11 The Jaquar Group
    • Exhibit 124: The Jaquar Group - Overview
    • Exhibit 125: The Jaquar Group - Product / Service
    • Exhibit 126: The Jaquar Group - Key offerings
  • 10.12 Toto Ltd.
    • Exhibit 127: Toto Ltd. - Overview
    • Exhibit 128: Toto Ltd. - Business segments
    • Exhibit 129: Toto Ltd. - Key news
    • Exhibit 130: Toto Ltd. - Key offerings
    • Exhibit 131: Toto Ltd. - Segment focus

11 Appendix

  • 11.1 Scope of the report
  • 11.2 Inclusions and exclusions checklist
    • Exhibit 132: Inclusions checklist
    • Exhibit 133: Exclusions checklist
  • 11.3 Currency conversion rates for US$
    • Exhibit 134: Currency conversion rates for US$
  • 11.4 Research methodology
    • Exhibit 135: Research methodology
    • Exhibit 136: Validation techniques employed for market sizing
    • Exhibit 137: Information sources
  • 11.5 List of abbreviations
    • Exhibit 138: List of abbreviations

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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Global Residential Digital Faucets Market 2022-2026

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