The global residential digital faucets market attained a value USD 5.85 Billion in 2023. The market is likely to grow at a CAGR of 12.10% during the forecast period of 2024-2032.
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Historical Year
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The emergence of the internet of things (IoT) coupled with the proliferation of internet-enabled intelligent gadgets have resulted in the growth of smart bathrooms. The accessibility to smart home appliances such as Amazon Alexa, Google Home, and Apple Home Kit at affordable rates further support the growing demand for smart bathrooms. In smart bathrooms, residential digital faucets are commonly used as they can be linked via the wireless network. In the residential digital faucet category, market suppliers also offer innovative products to capitalise on the increasing popularity of smart bathrooms.
The residential digital faucets industry can be divided on the basis of the segments like application and distribution channel.
Market Breakup by Application:
Market Breakup by Distribution Channel:
Market Breakup by Region:
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One of the important residential digital faucets industry trends will be the growing popularity of smart bathrooms, which will have a positive impact on market growth. Furthermore, the growing concern about water wastage is resulting in the increased demand for digital residential faucets. These faucets minimise water wastage and provide high-performance efficiency. Market vendors incorporate unique features such as digital control and interface, auto-flush, remote-control, and the display of battery status at multiple stages to make it more consumer attractive. Such technological advances in digital residential faucets will enable consumers to achieve increased water efficiency, hygiene, and savings in energy. These factors will boost the demand for digital residential faucets and drive the growth of the market in the coming future.
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The report presents a detailed analysis of the following key players in the global residential digital faucets market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s five forces.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Application |
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| Breakup by Distribution Channel |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The global residential digital faucets market is projected to grow at a CAGR of 12.10 between 2024 and 2032.
The industry is mainly being driven by the growing popularity of smart bathrooms, rise of the internet of things (IoT), proliferation of internet-enabled intelligent gadgets, increasing personal disposable income, and growth in the concern of energy and power savings.
The key trends propelling the industry forward are the rising concern about water wastage and increased demand for digital residential faucets.
The major regions in the industry are North America, Latin America, Europe, Middle East and Africa, and Asia Pacific.
Digital bathroom and digital kitchen are the major application segments of the industry.
The leading distribution channels in the market are offline and online.
The major players in the industry are CERA Sanitaryware Ltd., LIXIL Group Corporation, Armstrong International Inc., Oras Ltd., TOTO Ltd., Kohler Co., Masco Corp. and Others.
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Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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