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Sensor Faucet Market - Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Lixil Group, Masco Corporation, Kohler, Fortune Brands

06 Jan, 2020 | 117 Pages
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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 Market Overview



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.



Who are the Major Players in Sensor Faucet Market?



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.



Industry News




  • Janaury 2021: Kohler introduced new touchless bathroom integrated faucet collection with embedded sensors, allowing a retrofit solution to the KOHLER single control bathroom faucet




  • To further strengthen corporate governance, the Company also announced on March 23, 2020, that it will merge with LIXIL Corporation ﴾“LIXIL”﴿, its 100% subsidiary, on December 1, 2020. This will provide the Company with greater monitoring and supervision of its domestic and overseas business portfolio and management

  • 2020-maker of pioneering water and housing products, announced today the completion of the merger between LIXIL Group Corporation, the holding company, and LIXIL Corporation, a wholly owned subsidiary, transitioning to an operating company structure. The former LIXIL Group Corporation serves as the surviving legal entity but has changed its name to LIXIL Corporation to reflect its simplified operating company structure.



What are the major Applications, Types and Regions for Sensor Faucet Market?



Sensor Faucet Market is segmented based on the type, applications, companies and regions.



By Type, Sensor Faucet Market has been segmented into 




  • Infra-red Sensor Faucet

  • Touch Button Faucet



By Application on Sensor Faucet Market is, 




  • Public Places

  • Offices

  • Medical Institutions

  • Kitchen

  • Others



Sensor Faucet Market Regional Analysis



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 



North America






    • US

    • Canada



  • Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Rest of Europe



  • Asia-Pacific

    • China

    • Japan

    • India

    • Australia

    • South Korea

    • Rest of Asia-Pacific



  • Rest of the World

    • Middle East & Africa

    • Latin America





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.



What is our Sensor Faucet Market report scope?























































Report Attributes



Report Details



Forecast Period 2022 to 2027 CAGR



CAGR of 4.9% during the review period (2022 to 2027).



By Type




  • Infra-red Sensor Faucet

  • Touch Button Faucet

  • Others



By Application




  • Public Places

  • Offices

  • Medical Institutions

  • Kitchen

  • Others



By Companies



Lixil Group, Masco Corporation, Kohler, Fortune Brands, TOTO, Pfister, Geberit, Oras, Sloan Valve, GESSI, PRESTO Group and others.



Regions Covered




  • North America

  • Europe

  • Asia-Pacific

  • Rest of the World



Countries Covered




  • US

  • Canada

  • Germany

  • France

  • UK

  • Italy

  • Spain

  • Rest of Europe

  • China

  • Japan

  • India

  • Australia

  • South Korea

  • Rest of Asia-Pacific

  • Middle East & Africa

  • Latin America



Base Year



2022



Historical Year



2017 to 2021



Forecast Year



2022 to 2027



Number of Pages



117



Customization Available



Yes, the report can be customized as per your needs




 



  



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



Key Takeaways from this Sensor Faucet Report




  • Evaluate Sensor Faucet market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.

  • Understand the different dynamics influencing the market - key driving factors, challenges and hidden opportunities.

  • Get in-depth insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.

  • Analyze the sales and distribution channels across key geographies to improve top-line revenues.

  • Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.

  • Get a quick outlook on the Sensor Faucet market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.

  • Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.



FAQ -



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.



 


  1. INTRODUCTION

    1. MARKET DEFINATION

    2. MARKET DYNAMICS

    3. MARKET SEGMENTATION

    4. REPORT TIMLINES

    5. KEY STAKEHOLDERS



  2. RESEARCH METHODOLOGY

    1. DATA MINING

      1. SECONDARY RESEARCH

      2. PRIMARY RESEARCH

      3. SUBJECT MATTER EXPERT ADVICE



    2. QUALITY CHECK

    3. FINAL REVIEW

      1. DATA TRIANGULATION

      2. BOTTOM-UP APPROACH

      3. TOP-DOWN APPROACH

      4. RESEARCH FLOW





  3. EXECUTIVE SUMMARY

    1. INTRODUCTION

    2. GLOBAL SENSOR FAUCET MARKET BY TYPES

    3. GLOBAL SENSOR FAUCET MARKET BY APPLICATIONS



  4. MARKET DYNAMICS

    1. DRIVERS

      1. INCREASING DEMAND FOR SENSOR FAUCET



    2. RESTRAINTS

      1. STRINGENT ENVIRONMENTAL REGUALTIONS

      2. HIGH COST ON MATERIALS



    3. OPPORTUNITIES

      1.   SENSOR FAUCET GROWTH

      2. APPLICATION OF SENSOR FAUCET



    4. IMPACT OF COVID 19



  5. GLOBAL SENSOR FAUCET MARKET, BY TYPES

    1. Introduction

    2. Infra-red Sensor Faucet

    3. Touch Button Faucet

    4. Other            



  6. GLOBAL SENSOR FAUCET MARKET, BY APPLICATION

    1. Introduction

    2. Public Places

    3. Offices

    4. Medical Institutions

    5. Kitchen

    6. Others   



  7. GLOBAL SENSOR FAUCET MARKET, BY REGION

    1. NORTH AMERICA

      1. US

      2. CANADA

      3. MEXICO



    2. EUROPE

      1. GERMANY

      2. FRANCE

      3. UK

      4. ITALY

      5. RUSSIA

      6. REST OF EUROPE



    3. APAC

      1. CHINA

      2. SOUTH KOREA

      3. JAPAN

      4. INDIA

      5. AUSTRALIA

      6. ASEAN

      7. REST OF APAC



    4. MIDDLE EAST & AFRICA

      1. SAUDI ARABIA

      2. UAE

      3. SOUTH AFRICA

      4. TURKEY

      5. REST OF MEA



    5. SOUTH AMERICA

      1. BRAZIL

      2. REST OF MEA

      3. ARGENTINA

      4. REST OF SOUTH AMERICA





  8. COMPETITIVE LANDSCAPE

    1. MERGERS, ACQUISITIONS, JOINT VENTURES, COLLABORATIONS,

    2. AND AGREEMENTS

      1. KEY DEVELOPMENT



    3. MARKET SHARE (%) **/RANKING ANALYSIS

    4. STRATEGIES ADOPTED BY LEADING PLAYERS



  9. COMPANY PROFILES

    1. BUSINESS OVERVIEW

    2. COMPANY SNAPSHOT

    3. PRODUCT BENCHMARKING

    4. STRATEGIC INITIATIVES

      1. Lixil Group,

      2. Masco Corporation,

      3. Kohler,

      4. Fortune Brands,

      5. TOTO,

      6. Pfister,

      7. Geberit,

      8. Oras,

      9. Sloan Valve,

      10. GESSI,

      11. PRESTO Group and others.





SECONDARY RESEARCH
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.

PRIMARY RESEARCH
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.

MARKET ENGINEERING
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.

EXPERT VALIDATION
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.

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