Automatic Faucets Market
Automatic Faucets Market Global Industry Assessment & Forecast
#
Pages:
160
2021
Nov - 2021
VMR-2021-0822
Segments Covered
By
Product DC, AC
-
By
Application Residential, Commercial, Other
Snapshot
 Forecast
Years:
|
2021 - 2028 |
 Historical
Years:
|
2016 - 2020 |
 Revenue
2021: |
301 million |
 Revenue 2028:
|
479.75 Million |
 Revenue CAGR
(2021 - 2028): |
6 |
Fastest Growing Region (2022 -
2028)
|
North America |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
The report delivers an acute breakdown of the market based on various segments such as Product, Application and region. This study comprises the market size in terms of revenue for each segment at the global/regional/country level along with a detailed analysis of growth prospects, challenges, and opportunities.
On the basis of Product, the market is divided into DC, AC. DC AC is expected to dominate the market and is projected to grow at a noteworthy CAGR within the forecast period.
Based on Application, the market is divided into Residential, Commercial, Other,. Industrial attributed to the highest market share and is expected to grow at a significant CAGR from 2021 to 2028.
Global Automatic Faucets Market: Product Segment Analysis
-
- DC
- AC
Global Automatic Faucets Market: Application Segment Analysis
-
- Residential
- Commercial
- Other
FAQ
Frequently Asked Question
What is the global demand for Automatic Faucets in terms of revenue?
-
The global Automatic Faucets valued at 301 million in 2020 and is expected to reach 479.75 Million in 2028 growing at a CAGR of 6%.
Which are the prominent players in the market?
-
The prominent players in the market are Rozin, GROHE, Wayfair, Danze, Chaoyang, JOMOO, DELTA FAUCET, Brizo, Kingston Brass, Kohler, American Standard, Delta Faucet, Moen, Beelee, Lowe's, TOTO, LightInTheBox, Rubbermaid..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 6% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
-
The driving factors of the Automatic Faucets include
- Shifting consumer preferences towards the smart home technology in a household on account of its high level of convenience and luxury is expected to play a key role in expanding the market size.
- The rise in investments is emerging as a strong factor for market growth.
Which region accounted for the largest share in the market?
-
North America was the leading regional segment of the Automatic Faucets in 2020.
