Market Overview:
The global touchless automatic faucets 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 hygiene and convenience across different applications, such as residential, commercial, public utilities, and others. In addition, the growing awareness about water conservation is also propelling the demand for touchless automatic faucets globally.
Based on type, the global touchless automatic faucets market can be segmented into deck mounted faucets and wall mounted faucets. Deck mounted faucet systems are more popular than wall-mounted systems owing to their easy installation and low cost of ownership; however, wall-mounted systems are gaining traction due to their space-saving design features.
Based on application, the global touchless automatic Faucet market can be segmented into residential applications (including kitchens and bathrooms), commercial applications (including offices and hospitals), public utilities (including airports and railway stations), educational institutions (including schools and colleges), hospitality sector (hotels/motels/resorts)and other sectors including industrial facilities).
Product Definition:
Touchless Automatic Faucets are a type of faucet that does not require any physical contact in order to be turned on or off. This is done through the use of sensors that can detect when someone is nearby. The importance of touchless automatic faucets lies in their ability to help prevent the spread of germs and bacteria, as they do not require any contact with the hands in order to be used.
Deck Mounted Faucets:
Deck mounted faucets are a type of plumbing fixture that is installed on the deck surface of bathroom or kitchen cabinets. The most popular application for these products is in kitchen and bathroom sinks, as it provides easy access to hot and cold water without having to bend over or touch the fixtures.
Wall Mounted Faucets:
Wall mounted faucets are also known as wall-mounted faucets or wall-mounted spigots. They are a type of plumbing fixture used for the purpose of bathing, showering, and washing hands. These fixtures have no handheld part in them; instead, they have fixed parts that can be attached to a sink or any other part of the bathroom structure via flexible tubing (known as supply lines).
Application Insights:
The residential application segment accounted for the largest share of over 70% in 2017. The growing urbanization across the globe has led to a rapid rise in demand for high-end residential spaces, which is likely to positively influence product demand. In addition, rising consumer disposable income levels coupled with easy access to credit is expected to drive faucets installation rates at homes globally.
The commercial application segment was valued over USD 1,000 million in 2017 and is projected to witness significant growth during the forecast period owingto an increase in commercial construction activities across various regions of the world including North America and Europe. In addition, touchless automatic faucets have numerous applications at hotels & restaurants as they not only save water but also time as compared to traditional hand wash methods.
Regional Analysis:
North America dominated the global touchless automatic faucets market in 2017. The region is expected to witness a considerable growth rate of 9.2% over the forecast period, owing to increasing demand for advanced technologies and growing consumer awareness about hygiene issues associated with traditional faucets.
Asia Pacific is anticipated to be one of the fastest-growing regions during the forecast period owing to rising disposable income levels and improving economic conditions in emerging countries such as India, China, Indonesia, Malaysia and Thailand (IMT). Moreover, increasing government initiatives towards creating more jobs are likely to drive industry expansion over the next eight years.
Growth Factors:
- Increasing demand for hygiene and cleanliness in public places is driving the growth of touchless automatic faucets market.
- Rising awareness about the benefits of touchless automatic faucets, such as energy savings, reduced water wastage, and improved hygiene is propelling the growth of this market.
- The increasing installation of automated systems in hospitals, schools, airports, and other commercial places is fueling the demand for touchless automatic faucets market globally.
- Growing popularity of minimalist design in residential spaces is also favoring the adoption of touchless automatic faucets across different regions worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Touchless Automatic Faucets Market Research Report
By Type
Deck Mounted Faucets, Wall Mounted Faucets
By Application
Residential, Commercial, Public Utilities, Others
By Companies
LIXIL Water Technology, Masco Corporation, Kohler, TOTO, Moen, Roca, Geberit, Sloan Valve, PRESTO Group, Oras, LIXIL Water Technology, Pfister, Beiduo Bathroom, Sunlot Shares, Advanced Modern Technologies, TCK, ZILONG, Fuzhou GIBO Induction Sanitary Ware
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
217
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.
Global Touchless Automatic Faucets Market Report Segments:
The global Touchless Automatic Faucets market is segmented on the basis of:
Types
Deck Mounted Faucets, Wall Mounted Faucets
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
Residential, Commercial, Public Utilities, Others
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:
- LIXIL Water Technology
- Masco Corporation
- Kohler
- TOTO
- Moen
- Roca
- Geberit
- Sloan Valve
- PRESTO Group
- Oras
- LIXIL Water Technology
- Pfister
- Beiduo Bathroom
- Sunlot Shares
- Advanced Modern Technologies
- TCK
- ZILONG
- Fuzhou GIBO Induction Sanitary Ware
Highlights of The Touchless Automatic Faucets 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:
- Deck Mounted Faucets
- Wall Mounted Faucets
- By Application:
- Residential
- Commercial
- Public Utilities
- Others
- 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 Touchless Automatic Faucets 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?
Touchless Automatic Faucets are a type of faucet that does not require you to touch the spout to turn it on or off. Instead, you use a hand gesture to activate the faucet.
Some of the key players operating in the touchless automatic faucets market are LIXIL Water Technology, Masco Corporation, Kohler, TOTO, Moen, Roca, Geberit, Sloan Valve, PRESTO Group, Oras, LIXIL Water Technology, Pfister, Beiduo Bathroom, Sunlot Shares, Advanced Modern Technologies, TCK, ZILONG, Fuzhou GIBO Induction Sanitary Ware.
The touchless automatic faucets market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Touchless Automatic Faucets Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Touchless Automatic Faucets Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Touchless Automatic Faucets Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Touchless Automatic Faucets Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Touchless Automatic Faucets Market Size & Forecast, 2018-2028 4.5.1 Touchless Automatic Faucets Market Size and Y-o-Y Growth 4.5.2 Touchless Automatic Faucets Market Absolute $ Opportunity
Chapter 5 Global Touchless Automatic Faucets Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Touchless Automatic Faucets Market Size Forecast by Type
5.2.1 Deck Mounted Faucets
5.2.2 Wall Mounted Faucets
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Touchless Automatic Faucets Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Touchless Automatic Faucets Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Commercial
6.2.3 Public Utilities
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Touchless Automatic Faucets Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Touchless Automatic Faucets Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Touchless Automatic Faucets Analysis and Forecast
9.1 Introduction
9.2 North America Touchless Automatic Faucets Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Touchless Automatic Faucets Market Size Forecast by Type
9.6.1 Deck Mounted Faucets
9.6.2 Wall Mounted Faucets
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Touchless Automatic Faucets Market Size Forecast by Applications
9.10.1 Residential
9.10.2 Commercial
9.10.3 Public Utilities
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Touchless Automatic Faucets Analysis and Forecast
10.1 Introduction
10.2 Europe Touchless Automatic Faucets Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Touchless Automatic Faucets Market Size Forecast by Type
10.6.1 Deck Mounted Faucets
10.6.2 Wall Mounted Faucets
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Touchless Automatic Faucets Market Size Forecast by Applications
10.10.1 Residential
10.10.2 Commercial
10.10.3 Public Utilities
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Touchless Automatic Faucets Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Touchless Automatic Faucets Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Touchless Automatic Faucets Market Size Forecast by Type
11.6.1 Deck Mounted Faucets
11.6.2 Wall Mounted Faucets
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Touchless Automatic Faucets Market Size Forecast by Applications
11.10.1 Residential
11.10.2 Commercial
11.10.3 Public Utilities
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Touchless Automatic Faucets Analysis and Forecast
12.1 Introduction
12.2 Latin America Touchless Automatic Faucets Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Touchless Automatic Faucets Market Size Forecast by Type
12.6.1 Deck Mounted Faucets
12.6.2 Wall Mounted Faucets
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Touchless Automatic Faucets Market Size Forecast by Applications
12.10.1 Residential
12.10.2 Commercial
12.10.3 Public Utilities
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Touchless Automatic Faucets Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Touchless Automatic Faucets Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Touchless Automatic Faucets Market Size Forecast by Type
13.6.1 Deck Mounted Faucets
13.6.2 Wall Mounted Faucets
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Touchless Automatic Faucets Market Size Forecast by Applications
13.10.1 Residential
13.10.2 Commercial
13.10.3 Public Utilities
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Touchless Automatic Faucets Market: Competitive Dashboard
14.2 Global Touchless Automatic Faucets Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 LIXIL Water Technology
14.3.2 Masco Corporation
14.3.3 Kohler
14.3.4 TOTO
14.3.5 Moen
14.3.6 Roca
14.3.7 Geberit
14.3.8 Sloan Valve
14.3.9 PRESTO Group
14.3.10 Oras
14.3.11 LIXIL Water Technology
14.3.12 Pfister
14.3.13 Beiduo Bathroom
14.3.14 Sunlot Shares
14.3.15 Advanced Modern Technologies
14.3.16 TCK
14.3.17 ZILONG
14.3.18 Fuzhou GIBO Induction Sanitary Ware