Sensor faucet is a faucet with a hands-free mechanism for opening and closing its valve. The use of such faucets is mainly used in public washrooms where they are an important tool for conserving water and mitigating the spread of germs. Residential sensor faucet has been found used widely in kitchen and bathrooms.
Residential sensor faucet can be used in two fields, kitchen and bathroom. Kitchen is the largest application of residential sensor faucet, with market share of 59.98% in 2015. Bathroom applications for sensor faucet is in fast growing due to the increasing demand for convenience and hygiene for residents.
Residential sensor faucet can be classified as direct current sensor faucet and alternating current sensor faucet in terms of working principle. Direct current sensor faucet is the major kind of residential sensor faucet due to lower cost and convenience. The market of residential sensor faucet is quite separated, with USA and European countries as the major producing area. The manufacture technology of residential sensor faucet is in rapid improvement, and major companies keep innovation their technologies to cater preference of consumer.
According to this study, over the next five years the Residential Sensor Faucet in Retail market will register a 2.9% CAGR in terms of revenue, the global market size will reach US$ 78 million by 2024, from US$ 66 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Residential Sensor Faucet in Retail business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Residential Sensor Faucet in Retail market by product type, application, key manufacturers and key regions and countries.
This study considers the Residential Sensor Faucet in Retail value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Alternating Current Sensor Faucet
Direct Current Sensor Faucet
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Kitchen
Bathroom
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
LIXIL Group Corporation
Masco Corporation
Moen
Kohler
TOTO
PRESTO Group
Pfister
Oras
GESSI
Geberit
Sloan Valve
Miscea
Advanced Modern Technologies
Beiduo Bathroom
Sunlot Shares
Fuzhou Sanxie Electron
GLLO (Fujian) Smart Kitchen & Bathroom Stock
YOCOSS Electronic Equipment
Fuzhou GIBO Induction Satinary Ware
ZILONG
TCK
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Residential Sensor Faucet in Retail consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Residential Sensor Faucet in Retail market by identifying its various subsegments.
Focuses on the key global Residential Sensor Faucet in Retail manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Residential Sensor Faucet in Retail with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Residential Sensor Faucet in Retail submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Residential Sensor Faucet in Retail . Industry analysis & Market Report on Residential Sensor Faucet in Retail is a syndicated market report, published as Global Residential Sensor Faucet in Retail Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Residential Sensor Faucet in Retail market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.