Global Electronic Faucets Market Growth 2023-2029

Global Electronic Faucets Market Growth 2023-2029

Electronic Faucets is a faucet with a hands-free mechanism for opening and closing its valve.

This report covers the touchless electronic faucets and touched electronic faucets.

LPI (LP Information)' newest research report, the “Electronic Faucets Industry Forecast” looks at past sales and reviews total world Electronic Faucets sales in 2022, providing a comprehensive analysis by region and market sector of projected Electronic Faucets sales for 2023 through 2029. With Electronic Faucets sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Electronic Faucets industry.

This Insight Report provides a comprehensive analysis of the global Electronic Faucets landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Electronic Faucets portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Electronic Faucets market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electronic Faucets and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Electronic Faucets.

The global Electronic Faucets market size is projected to grow from US$ 5417.5 million in 2022 to US$ 7771.9 million in 2029; it is expected to grow at a CAGR of 7771.9 from 2023 to 2029.

Global Electronic Faucets key players include LIXIL Water Technology, Masco Corporation, Kohler, TOTO, etc. Global top four manufacturers hold a share about 30%.

Asia-Pacific is the largest market, with a share about 50%, followed by Europe, and North America, both have a share about 30 percent.

In terms of product, Touchless Electronic Faucets is the largest segment, with a share nearly 95%. And in terms of application, the largest application is Residential, followed by Offices, Hotels, Medical Institutions, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Electronic Faucets market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Touchless Electronic Faucets

Touched Electronic Faucets

Segmentation by application

Hotels

Offices

Medical Institutions

Residential

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

LIXIL Water Technology

Masco Corporation

Kohler

TOTO

Moen

Oras

Sloan Valve

PRESTO Group

Geberit

Roca

Pfister

Joomo

Beiduo Bathroom

Sunlot Shares

Advanced Modern Technologies

Fuzhou Sanxie Electron

TCK

ZILONG

YOCOSS Electronic Equipment

Fuzhou GIBO Induction Satinary Ware

Key Questions Addressed in this Report

What is the 10-year outlook for the global Electronic Faucets market?

What factors are driving Electronic Faucets market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Electronic Faucets market opportunities vary by end market size?

How does Electronic Faucets break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.