The global Sensor Faucet Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 4.9% during the review period (2022 to 2027)
Sensor faucet is also known as automatic faucet, that is equipped with proximity sensor and an automatic mechanism that allows the flow of water throught the valve to the faucet under the user’s hands in a close proximity. In the current market scenario, as the increasing pandemic COVID-19 is becoming a major threat to the human lives, products such as sensor faucet helps in minimizing the spread of the disease by limiting the touch to the faucet. Owing to this, sensor faucets are being extremely recommended across several commercial sectors as well as the residential sector, in order to keep social distancing and personal hygiene. Infrared sensitive sensors are on highest demand across the faucet industry, as they give high quality sensing effects and are energy-efficient.Sensor Faucet is a faucet laced with a proximity sensor and mechanism that enables its valve to open and close in response to the presence of a hand or hands in close proximity. Sensor faucet is used in public washrooms, airports, hotels, and other places. The proximity sensor in the faucet allows water to flow after detecting the presence of hand near the faucet.Growing smart buildings concept across the developed and developing economies is projected to drive the demand for sensor faucets throughout the global market in the coming years. Sensors are well known to be costlier than any other semiconductor component, becomeing a tedious task for the customers to purchase, install and keep the efficiency of the sensors, thus limits the market growth over the forecast period.
Top Key Players in the Sensor Faucet Market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The global Sensor Faucet Market is fragmented with a large number of small players operating worldwide. The companies referred to in the market research report include Lixil Group, Masco Corporation, Kohler, Fortune Brands, TOTO, Pfister, Geberit, Oras, Sloan Valve, GESSI, PRESTO Group and others.
Sensor Faucet Market is segmented based on the type, applications, companies and regions.
By Type, Sensor Faucet Market has been segmented into
By Application on Sensor Faucet Market is,
Europe is probable to witness progressive market growth, with the changing consumers lifestyle that has led to adopt the solutions that are more convenient to use and offer hygienic solutions. Also, Europe is observing growing smart building construction with the aim to simplify the lifestyle of citizens across the region.
The report offers in-depth assessment of the growth and other aspects of the Sensor Faucet Market in important regions, including the
Sensor Faucet Market highlights the potential growth opportunities in upcoming years, while reviewing the market drivers, restraints, growth indicators, challenges, market dynamics, competitive landscape and other key aspects in the global market. The Global Sensor Faucet Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry. This Research Study compares the markets of Pre COVID-19 and Post COVID-19 with the impact of COVID-19 on the regional economy.
Forecast Period 2022 to 2027 CAGR
CAGR of 4.9% during the review period (2022 to 2027).
Lixil Group, Masco Corporation, Kohler, Fortune Brands, TOTO, Pfister, Geberit, Oras, Sloan Valve, GESSI, PRESTO Group and others.
2017 to 2021
2022 to 2027
Number of Pages
Yes, the report can be customized as per your needs
What is the study period of this market?
The Sensor Faucet Market is studied from 2017 - 2027.
What is the growth rate of Sensor Faucet Market?
The Sensor Faucet Market is growing at a CAGR of 4.9% over the next 5 years.
What regions does this Sensor Faucet Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.