Market Overview:
The global automatic induction faucet market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for touchless or hands-free faucets, owing to their hygiene benefits. Additionally, the growing awareness about water conservation is also propelling the demand for automatic induction faucets across various applications such as households, hospitals, malls and others. In terms of type, the infrared sensor faucet segment is expected to lead the global automatic induction faucet market during the forecast period from 2018 to 2030. This segment is anticipated to grow at a CAGR of 7% during this period.
Product Definition:
An automatic induction faucet is a type of kitchen faucet that uses an electronic sensor to detect the presence of a hand or object under the spout and then activates the flow of water. Automatic induction faucets are popular because they are easy to use and can help conserve water by shutting off automatically after a period of time.
Infrared Sensor Faucet:
Infrared sensor faucet is a new innovative product that uses an infrared detector to sense the user's hand and automatically dispenses the water. The technology used in this device is very simple, easy to operate and understand with no special requirement for installation. It can be easily attached on any standard 3/4" IPS or PVD coated sink using supplied adhesive tape. This product works on batteries as well as electricity supply through direct current (DC).
Touch Sensor Faucet:
The touch sensor faucet is a new innovative product that has been introduced in the market. It works on the principle of touch sensors instead of traditional handle or lever mechanism for controlling water flow. The Touch Sensor Faucet has an advanced technology which can distinguish between smooth and rough surfaces, allowing it to be used on any type of vessel including ceramic, glass, steel and fiberglass.
Application Insights:
The household application segment led the global automatic induction faucet market in 2017. This is attributed to rising demand for high-quality and cost-efficient products from consumers at homes, apartments and commercial complexes. The residential sector has been growing steadily over the past few years across various countries worldwide due to increasing urbanization, rising disposable income, changing lifestyle and improved economic conditions. This trend is expected to continue over the forecast period as more people prefer spending their weekends away from home rather than at their old routine jobs.
The other application segment includes hotels, restaurants and institutional places such as hospitalsities or caretakers' quarters where a kitchen with an automatic faucet can be installed easily without much hassle or additional costs involved in its installation by using these smart devices that are wireless connected with smartphones or tablets running on Google Chrome OS operating system platform through Wi-Fi connectivity option available in some of them.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position throughout the forecast period owing to increasing demand for convenient and advanced products. Asia Pacific is anticipated to witness significant growth over the next eight years due to rising product adoption in countries, such as China and India. Moreover, improving living standards have increased consumer disposable income levels significantly which has led consumers to opt for more expensive household appliances including kitchen faucets with automatic sensors.
The European market also accounted for a considerable share of revenue in 2017 due primarily on high demand from Germany, France, Italy and U.K.
Growth Factors:
- Increasing demand for hygiene and cleanliness across the globe is expected to drive the Automatic Induction Faucet market growth.
- Rising disposable income of consumers coupled with changing lifestyle is another key factor that is anticipated to fuel Automatic Induction Faucet market growth in the near future.
- Rapid urbanization and growing construction activities are also projected to create lucrative opportunities for Automatic Induction Faucet market in forthcoming years.
- Technological advancements in faucets design and features are likely to boost Automatic Induction Faucet demand over the forecast period.
- Growing awareness about water conservation measures is anticipated to propel automatic induction faucets adoption, thereby propelling market growth over the forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Automatic Induction Faucet Market Research Report
By Type
Infrared Sensor Faucet, Touch Sensor Faucet
By Application
Household, Hospital, Mall, Other
By Companies
American Standard, Kohler, Zilong, Gllo, Jomoo
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Automatic Induction Faucet Market Report Segments:
The global Automatic Induction Faucet market is segmented on the basis of:
Types
Infrared Sensor Faucet, Touch Sensor Faucet
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Household, Hospital, Mall, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- American Standard
- Kohler
- Zilong
- Gllo
- Jomoo
Highlights of The Automatic Induction Faucet Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Infrared Sensor Faucet
- Touch Sensor Faucet
- By Application:
- Household
- Hospital
- Mall
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automatic Induction Faucet Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An automatic induction faucet is a type of faucet that uses an electric motor to turn the spout on and off. This type of faucet is often found in kitchens and bathrooms.
Some of the key players operating in the automatic induction faucet market are American Standard, Kohler, Zilong, Gllo, Jomoo.
The automatic induction faucet market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Automatic Induction Faucet Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Automatic Induction Faucet Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Automatic Induction Faucet Market - Supply Chain
4.5. Global Automatic Induction Faucet Market Forecast
4.5.1. Automatic Induction Faucet Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Automatic Induction Faucet Market Size (000 Units) and Y-o-Y Growth
4.5.3. Automatic Induction Faucet Market Absolute $ Opportunity
5. Global Automatic Induction Faucet Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Automatic Induction Faucet Market Size and Volume Forecast by Type
5.3.1. Infrared Sensor Faucet
5.3.2. Touch Sensor Faucet
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Automatic Induction Faucet Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Automatic Induction Faucet Market Size and Volume Forecast by Application
6.3.1. Household
6.3.2. Hospital
6.3.3. Mall
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Automatic Induction Faucet Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Automatic Induction Faucet Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Automatic Induction Faucet Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Automatic Induction Faucet Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Automatic Induction Faucet Demand Share Forecast, 2019-2026
9. North America Automatic Induction Faucet Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Automatic Induction Faucet Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Automatic Induction Faucet Market Size and Volume Forecast by Application
9.4.1. Household
9.4.2. Hospital
9.4.3. Mall
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Automatic Induction Faucet Market Size and Volume Forecast by Type
9.7.1. Infrared Sensor Faucet
9.7.2. Touch Sensor Faucet
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Automatic Induction Faucet Demand Share Forecast, 2019-2026
10. Latin America Automatic Induction Faucet Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Automatic Induction Faucet Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Automatic Induction Faucet Market Size and Volume Forecast by Application
10.4.1. Household
10.4.2. Hospital
10.4.3. Mall
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Automatic Induction Faucet Market Size and Volume Forecast by Type
10.7.1. Infrared Sensor Faucet
10.7.2. Touch Sensor Faucet
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Automatic Induction Faucet Demand Share Forecast, 2019-2026
11. Europe Automatic Induction Faucet Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Automatic Induction Faucet Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Automatic Induction Faucet Market Size and Volume Forecast by Application
11.4.1. Household
11.4.2. Hospital
11.4.3. Mall
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Automatic Induction Faucet Market Size and Volume Forecast by Type
11.7.1. Infrared Sensor Faucet
11.7.2. Touch Sensor Faucet
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Automatic Induction Faucet Demand Share, 2019-2026
12. Asia Pacific Automatic Induction Faucet Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Automatic Induction Faucet Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Automatic Induction Faucet Market Size and Volume Forecast by Application
12.4.1. Household
12.4.2. Hospital
12.4.3. Mall
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Automatic Induction Faucet Market Size and Volume Forecast by Type
12.7.1. Infrared Sensor Faucet
12.7.2. Touch Sensor Faucet
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Automatic Induction Faucet Demand Share, 2019-2026
13. Middle East & Africa Automatic Induction Faucet Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Automatic Induction Faucet Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Automatic Induction Faucet Market Size and Volume Forecast by Application
13.4.1. Household
13.4.2. Hospital
13.4.3. Mall
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Automatic Induction Faucet Market Size and Volume Forecast by Type
13.7.1. Infrared Sensor Faucet
13.7.2. Touch Sensor Faucet
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Automatic Induction Faucet Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Automatic Induction Faucet Market: Market Share Analysis
14.2. Automatic Induction Faucet Distributors and Customers
14.3. Automatic Induction Faucet Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. American Standard
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Kohler
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Zilong
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Gllo
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Jomoo
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
