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Report overview
Electronic Faucets is a faucet with a hands-free mechanism for opening and closing its valve.
This report covers the touchless electronic faucets and touched electronic faucets.
This report aims to provide a comprehensive presentation of the global market for Electronic Faucets, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Electronic Faucets. This report contains market size and forecasts of Electronic Faucets in global, including the following market information:
The global Electronic Faucets market was valued at US$ 5698.3 million in 2022 and is projected to reach US$ 7954.6 million by 2029, at a CAGR of 4.9% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Electronic Faucets key players include LIXIL Water Technology, Masco Corporation, Kohler, TOTO, etc. Global top four manufacturers hold a share about 30%.
Asia-Pacific is the largest market, with a share about 50%, followed by Europe, and North America, both have a share about 30 percent.
In terms of product, Touchless Electronic Faucets is the largest segment, with a share nearly 95%. And in terms of application, the largest application is Residential, followed by Offices, Hotels, Medical Institutions, etc.
We surveyed the Electronic Faucets manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Electronic Faucets Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Electronic Faucets Market Segment Percentages, by Type, 2022 (%)
Global Electronic Faucets Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Electronic Faucets Market Segment Percentages, by Application, 2022 (%)
Global Electronic Faucets Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Electronic Faucets Market Segment Percentages, By Region and Country, 2022 (%)
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Electronic Faucets revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Electronic Faucets revenues share in global market, 2022 (%)
Key companies Electronic Faucets sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Electronic Faucets sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Outline of Major Chapters: