Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Global Residential Digital Faucets Market Outlook

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 12.1% during the forecast period of 2024-2032.

Residential Digital Faucets Market

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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.

Properties and Applications

The residential digital faucets industry can be divided on the basis of the segments like application and distribution channel. The market can be broadly categorised based on its applications into:

residential digital faucets market by segments

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  • Digital bathroom 
  • Digital kitchen

The market can be divided based on its distribution channel into online and offline.

The EMR report looks into the regional markets for residential digital faucets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.

Market Analysis

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.

residential digital faucets market by region

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Competitive Landscape

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:

  • CERA Sanitaryware Ltd.
  • LIXIL Group Corporation
  • Armstrong International Inc.
  • Oras Ltd.
  • TOTO Ltd.
  • Kohler Co.
  • Masco Corp.
  • Others

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.

Key Highlights of the Report

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:

  • Application
  • Distribution Channel
  • Region
Breakup by Application
  • Digital Bathroom
  • Digital Kitchen
Breakup by Distribution Channel
  • Offline
  • Online
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • CERA Sanitaryware Ltd.
  • LIXIL Group Corporation
  • Armstrong International Inc.
  • Oras Ltd.
  • TOTO Ltd.
  • Kohler Co.
  • Masco Corp.
  • Others
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*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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Key Questions Answered in the Report

The global residential digital faucets market is projected to grow at a CAGR of 12.1% 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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