Global Electric Taps Market Size & Share to 2027
Global Electric Taps Market Size, Trends & Growth Opportunity, By Product (Touchless Taps, and Instant Heating Taps), By End User (Residential, and Commercial), By Mounting Type, By Region and Forecast till 2027
Global Electric Taps Market
Electric taps need electricity to operate which are mainly categorized into two types such as instant heating taps, and touchless taps. These product consist sensor or heating coils. In touchless electric taps sensor senses the movement of hand under the tap which dispense the water. Many key players provide both touchless and manually operated taps within single.
Market Drivers
The increase in disposable income as well as growing infrastructural facilities across the globe is considered as key driving factor which is expected to propel the global electric taps market growth. Furthermore, increase in demand of electric taps coupled with the adoption of new technologies is expected to boost the global electric taps market growth. Also, key players in the global electric taps market investing heavily in research & development to launch innovative products will fuel the market growth during this forecast period. Moreover, increase in use of touchless taps will drive the global electric taps market growth. Touchless technology helps in avoiding transformation of germs by getting into physical contact with the taps which are in public facilities. Additionally, instant heating taps and touchless electric taps helps in saving energy bills which is expected to drive the demand of electric taps in market during this forecast timeline.
Market Restraints
The high price is the major challenging factor which is expected to hinder the global electric taps market growth. Electric taps also needs additional connection for installation which further increases the cost over the forecast period. Also, demand for electric taps is low in rural areas due to lack of awareness which is expected to limit the market growth.
Market Segmentation
Global Electric Taps Market is segmented into product such as Touchless Taps, and Instant Heating Taps, by end user such as Residential, and Commercial. Further, market is segmented into mounting type such as Wall-Mounted, and Deck Mounted.
Also, Global Electric Taps Market is segmented five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Market Key Players
Various key players are listed in this report such as Xiaomi Corporation, Wenzhou Bomei Sanitary Ware Co., Ltd., TOTO Ltd., Taizhou Hengyida Plastic Plumbing Factory, Masco Corporation, LIXIL Group Corporation, Jaquar, Kohler Co, Fortune Brands Home & Security, Inc, and Cera Sanitaryware Limited
Market Taxonomy
By Product
- Touchless Taps
- Instant Heating Taps
- Residential
- Commercial
- Wall-Mounted
- Deck Mounted
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
- What are the Key Opportunities in Global Electric Taps Market?
- What will be the growth rate from 2019 to 2027?
- Which segment/region will have highest growth?
- What are the factors that will impact/drive the Market?
- What is the competitive Landscape in the Industry?
- What is the role of key players in the value chain?
- What are the strategies adopted by key players?
- 1 Introduction
- 1.1 Objective of the Study
- 1.2 Market Definition
- 1.3 Market Scope
- 2 Research Methodology
- 2.1 Data Mining
- 2.2 Validation
- 2.3 Primary Interviews
- 2.4 List of Data Sources
- 3 Executive Summary
- 4 Global Electric Taps Market Outlook
- 4.1 Overview
- 4.2 Market Dynamics
- 4.2.1 Drivers
- 4.2.2 Restraints
- 4.2.3 Opportunities
- 4.3 Porters Five Force Model
- 4.4 Value Chain Analysis
- 5 Global Electric Taps Market, By Product
- 5.1 Y-o-Y Growth Comparison, By Product
- 5.2 Global Electric Taps Market Share Analysis, By Product
- 5.3 Global Electric Taps Market Size and Forecast, By Product
- 5.3.1 Touchless Taps
- 5.3.2 Instant Heating Taps
- 6 Global Electric Taps Market, By End User
- 6.1 Y-o-Y Growth Comparison, By End User
- 6.2 Global Electric Taps Market Share Analysis, By End User
- 6.3 Global Electric Taps Market Size and Forecast, By End User
- 6.3.1 Residential
- 6.3.2 Commercial
- 7 Global Electric Taps Market, By Mounting Type
- 7.1 Y-o-Y Growth Comparison, By Mounting Type
- 7.2 Global Electric Taps Market Share Analysis, By Mounting Type
- 7.3 Global Electric Taps Market Size and Forecast, By Mounting Type
- 7.3.1 Wall-Mounted
- 7.3.2 Deck Mounted
- 8 Global Electric Taps Market, By Region
- 8.1 Global Electric Taps Market Share Analysis, By Region
- 8.2 Global Electric Taps Market Share Analysis, By Region
- 8.3 Global Electric Taps Market Size and Forecast, By Region
- 9 North America Electric Taps Market Analysis and Forecast (2020-2027)
- 9.1 Introduction
- 9.2 North America Electric Taps Market Share Analysis, By Product
- 9.3 North America Electric Taps Market Size and Forecast, By End User
- 9.4 North America Electric Taps Market Size and Forecast, By Mounting Type
- 9.5 North America Electric Taps Market Size and Forecast, By Country
- 9.5.1 U.S.
- 9.5.2 Canada
- 9.5.3 Mexico
- 10 EuropeElectric Taps Market Analysis and Forecast (2020-2027)
- 10.1 Introduction
- 10.2 Europe Electric Taps Market Share Analysis, By Product
- 10.3 Europe Electric Taps Market Size and Forecast, By End User
- 10.4 Europe Electric Taps Market Size and Forecast, By Mounting Type
- 10.5 Europe Electric Taps Market Size and Forecast, By Country
- 10.5.1 Germany
- 10.5.2 France
- 10.5.3 UK
- 10.5.4 Rest of Europe
- 11 Asia Pacific Electric Taps Market Analysis and Forecast (2020-2027)
- 11.1 Introduction
- 11.2 Asia Pacific Electric Taps Market Share Analysis, By Product
- 11.3 Asia Pacific Electric Taps Market Size and Forecast, By End User
- 11.4 Asia Pacific Electric Taps Market Size and Forecast, By Mounting Type
- 11.5 Asia Pacific Electric Taps Market Size and Forecast, By Country
- 11.5.1 China
- 11.5.2 Japan
- 11.5.3 India
- 11.5.4 Rest of Asia Pacific
- 12 Latin America Electric Taps Market Analysis and Forecast (2020-2027)
- 12.1 Introduction
- 12.2 Latin America Electric Taps Market Share Analysis, By Product
- 12.3 Latin America Electric Taps Market Size and Forecast, By End User
- 12.4 Latin America Electric Taps Market Size and Forecast, By Mounting Type
- 12.5 Latin America Electric Taps Market Size and Forecast, Country
- 13 Middle East Electric Taps Market Analysis and Forecast (2020-2027)
- 13.1 Introduction
- 13.2 Middle East Electric Taps Market Share Analysis, By Product
- 13.3 Middle East Electric Taps Market Size and Forecast, By End User
- 13.4 Middle East Electric Taps Market Size and Forecast, By Mounting Type
- 13.5 Middle East Electric Taps Market Size and Forecast, By Country
- 14 Competitive Analysis
- 14.1 Competition Dashboard
- 14.2 Market share Analysis of Top Vendors
- 14.3 Key Development Strategies
- 15 Company Profiles
- 15.1 Xiaomi Corporation
- 15.1.1 Overview
- 15.1.2 Offerings
- 15.1.3 Key Financials
- 15.1.4 Business Segment & Geographic Overview
- 15.1.5 Key Market Developments
- 15.1.6 Key Strategies
- 15.2. Wenzhou Bomei Sanitary Ware Co., Ltd
- 15.2.1 Overview
- 15.2.2 Offerings
- 15.2.3 Key Financials
- 15.2.4 Business Segment & Geographic Overview
- 15.2.5 Key Market Developments
- 15.2.6 Key Strategies
- 15.3. TOTO Ltd
- 15.3.1 Overview
- 15.3.2 Offerings
- 15.3.3 Key Financials
- 15.3.4 Business Segment & Geographic Overview
- 15.3.5 Key Market Developments
- 15.3.6 Key Strategies
- 15.4 Taizhou Hengyida Plastic Plumbing Factory
- 15.4.1 Overview
- 15.4.2 Offerings
- 15.4.3 Key Financials
- 15.4.4 Business Segment & Geographic Overview
- 15.4.5 Key Market Developments
- 15.4.6 Key Strategies
- 15.5 Masco Corporation
- 15.5.1 Overview
- 15.5.2 Offerings
- 15.5.3 Key Financials
- 15.5.4 Business Segment & Geographic Overview
- 15.5.5 Key Market Developments
- 15.5.6 Key Strategies
- 15.6 LIXIL Group Corporation
- 15.6.1 Overview
- 15.6.2 Offerings
- 15.6.3 Key Financials
- 15.6.4 Business Segment & Geographic Overview
- 15.6.5 Key Market Developments
- 15.6.6 Key Strategies
- 15.7 Jaquar
- 15.7.1 Overview
- 15.7.2 Offerings
- 15.7.3 Key Financials
- 15.7.4 Business Segment & Geographic Overview
- 15.7.5 Key Market Developments
- 15.7.6 Key Strategies
- 15.8 Kohler Co
- 15.8.1 Overview
- 15.8.2 Offerings
- 15.8.3 Key Financials
- 15.8.4 Business Segment & Geographic Overview
- 15.8.5 Key Market Developments
- 15.8.6 Key Strategies
- 15.9 Fortune Brands Home & Security, Inc
- 15.9.1 Overview
- 15.9.2 Offerings
- 15.9.3 Key Financials
- 15.9.4 Business Segment & Geographic Overview
- 15.9.5 Key Market Developments
- 15.9.6 Key Strategies
- 15.10 Cera Sanitaryware Limited
- 15.10.1 Overview
- 15.10.2 Offerings
- 15.10.3 Key Financials
- 15.10.4 Business Segment & Geographic Overview
- 15.10.5 Key Market Developments
- 15.10.6 Key Strategies
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