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Global Residential Digital Faucets Market: By Application: Digital Bathroom, Digital Kitchen; By Distribution Channel: Offline, Online; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Value Chain Analysis; Competitive Landscape; Industry Events and Developments

Global Residential Digital Faucets Market Outlook

The global residential digital faucets market is anticipated to increase by USD 3.48 billion between 2021 and 2026 at a CAGR of 11.8%.

 

The emergence of the internet of things (IoT) coupled with the proliferation of internet-enabled intelligent gadgets have resulted in the growth of smart bathrooms. The accessibility to smart home appliances such as Amazon Alexa, Google Home, and Apple Home Kit at affordable rates further support the growing demand for smart bathrooms. In smart bathrooms, residential digital faucets are commonly used as they can be linked via the wireless network. In the residential digital faucet category, market suppliers also offer innovative products to capitalise on the increasing popularity of smart bathrooms.

 

Global Residential Digital Faucets Market

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Properties and Applications

The residential digital faucets industry can be divided on the basis of the segments like application and distribution channel. The market can be broadly categorised based on its applications into:

  • Digital bathroom 
  • Digital kitchen

The market can be divided based on its distribution channel into online and offline.

The EMR report looks into the regional markets for residential digital faucets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.

 

Market Analysis

One of the important residential digital faucets industry trends will be the growing popularity of smart bathrooms, which will have a positive impact on market growth. Furthermore, the growing concern about water wastage is resulting in the increased demand for digital residential faucets. These faucets minimise water wastage and provide high-performance efficiency. Market vendors incorporate unique features such as digital control and interface, auto-flush, remote-control, and the display of battery status at multiple stages to make it more consumer attractive. Such technological advances in digital residential faucets will enable consumers to achieve increased water efficiency, hygiene, and savings in energy. These factors will boost the demand for digital residential faucets and drive the growth of the market in the coming future.

 

Competitive Landscape

The report presents a detailed analysis of the following key players in the global residential digital faucets market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • CERA Sanitaryware Ltd.
  • LIXIL Group Corp.
  • Masco Corp.
  • Oras Ltd.
  • TOTO Ltd.

The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s five forces.

 

REPORT FEATURES DETAILS
Base Year 2022
Historical Period 2018-2022
Forecast Period 2023-2028
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Application, Distribution Channel, Region
Breakup by Application Digital Bathroom, Digital Kitchen
Breakup by Distribution Channel Offline, Online
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered CERA Sanitaryware Ltd., LIXIL Group Corp., Masco Corp., Oras Ltd., TOTO Ltd.
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Market Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Residential Digital Faucets Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Residential Digital Faucets Historical Market (2018-2022) 
    8.3    Global Residential Digital Faucets Market Forecast (2023-2028)
    8.4    Global Residential Digital Faucets Market by Application
        8.4.1    Digital Bathroom
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2018-2022)
            8.4.1.3    Forecast Trend (2023-2028)
        8.4.2    Digital Kitchen
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2018-2022)
            8.4.2.3    Forecast Trend (2023-2028)
    8.5    Global Residential Digital Faucets Market by Distribution Channel
        8.5.1    Offline
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2018-2022)
            8.5.1.3    Forecast Trend (2023-2028)
        8.5.2    Online
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2018-2022)
            8.5.2.3    Forecast Trend (2023-2028)
    8.6    Global Residential Digital Faucets Market by Region
        8.6.1    Market Share
            8.6.1.1    North America
            8.6.1.2    Europe
            8.6.1.3    Asia Pacific
            8.6.1.4    Latin America
            8.6.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2018-2022)
        9.1.2    Forecast Trend (2023-2028)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2018-2022)
        9.2.2    Forecast Trend (2023-2028)
        9.2.3    Breakup by Country 
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2018-2022)
        9.3.2    Forecast Trend (2023-2028)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2018-2022)
        9.4.2    Forecast Trend (2023-2028)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2018-2022)
        9.5.2    Forecast Trend (2023-2028)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    Key Indicators for Demand
    10.4    Key Indicators for Price
11    Value Chain Analysis
12    Competitive Landscape

    12.1    Market Structure
    12.2    Company Profiles
        12.2.1    CERA Sanitaryware Ltd. 
            12.2.1.1    Company Overview
            12.2.1.2    Product Portfolio
            12.2.1.3    Demographic Reach and Achievements
            12.2.1.4    Certifications
        12.2.2    LIXIL Group Corporation 
            12.2.2.1    Company Overview
            12.2.2.2    Product Portfolio
            12.2.2.3    Demographic Reach and Achievements
            12.2.2.4    Certifications
        12.2.3    Armstrong International Inc. 
            12.2.3.1    Company Overview
            12.2.3.2    Product Portfolio
            12.2.3.3    Demographic Reach and Achievements
            12.2.3.4    Certifications
        12.2.4    Oras Ltd. 
            12.2.4.1    Company Overview
            12.2.4.2    Product Portfolio
            12.2.4.3    Demographic Reach and Achievements
            12.2.4.4    Certifications
        12.2.5    TOTO Ltd. 
            12.2.5.1    Company Overview
            12.2.5.2    Product Portfolio
            12.2.5.3    Demographic Reach and Achievements
            12.2.5.4    Certifications
        12.2.6    Kohler Co. 
            12.2.6.1    Company Overview
            12.2.6.2    Product Portfolio
            12.2.6.3    Demographic Reach and Achievements
            12.2.6.4    Certifications
        12.2.7    Others
13    Industry Events and Developments


List of Key Figures and Tables

1.    Global Residential Digital Faucets Market: Key Industry Highlights, 2018 and 2028
2.    Global Residential Digital Faucets Historical Market: Breakup by Application (USD Million), 2018-2022
3.    Global Residential Digital Faucets Market Forecast: Breakup by Application (USD Million), 2023-2028
4.    Global Residential Digital Faucets Historical Market: Breakup by Distribution Channel (USD Million), 2018-2022
5.    Global Residential Digital Faucets Market Forecast: Breakup by Distribution Channel (USD Million), 2023-2028
6.    Global Residential Digital Faucets Historical Market: Breakup by Region (USD Million), 2018-2022
7.    Global Residential Digital Faucets Market Forecast: Breakup by Region (USD Million), 2023-2028
8.    North America Residential Digital Faucets Historical Market: Breakup by Country (USD Million), 2018-2022
9.    North America Residential Digital Faucets Market Forecast: Breakup by Country (USD Million), 2023-2028
10.    Europe Residential Digital Faucets Historical Market: Breakup by Country (USD Million), 2018-2022
11.    Europe Residential Digital Faucets Market Forecast: Breakup by Country (USD Million), 2023-2028
12.    Asia Pacific Residential Digital Faucets Historical Market: Breakup by Country (USD Million), 2018-2022
13.    Asia Pacific Residential Digital Faucets Market Forecast: Breakup by Country (USD Million), 2023-2028
14.    Latin America Residential Digital Faucets Historical Market: Breakup by Country (USD Million), 2018-2022
15.    Latin America Residential Digital Faucets Market Forecast: Breakup by Country (USD Million), 2023-2028
16.    Middle East and Africa Residential Digital Faucets Historical Market: Breakup by Country (USD Million), 2018-2022
17.    Middle East and Africa Residential Digital Faucets Market Forecast: Breakup by Country (USD Million), 2023-2028
18.    Global Residential Digital Faucets Market Structure

Key Questions Answered in the Report

The global residential digital faucets market is projected to grow at a CAGR of 11.8% between 2021 and 2026.

The industry is mainly being driven by the growing popularity of smart bathrooms, rise of the internet of things (IoT), proliferation of internet-enabled intelligent gadgets, increasing personal disposable income, and growth in the concern of energy and power savings.

The key trends propelling the industry forward are the rising concern about water wastage and increased demand for digital residential faucets.

The major regions in the industry are North America, Latin America, Europe, Middle East and Africa, and Asia Pacific.

Digital bathroom and digital kitchen are the major application segments of the industry.

The leading distribution channels in the market are offline and online.

The major players in the industry are CERA Sanitaryware Ltd., LIXIL Group Corp., Masco Corp., Oras Ltd., and TOTO Ltd.

Analyst Review

The global residential digital faucets market is being driven by the growing popularity of smart bathrooms owing to the proliferation of internet-enabled intelligent gadgets in the historical period. Aided by the increasing personal disposable income and rising concern about water wastage , the market is expected to witness a further growth in the forecast period of 2021-2026, growing at a CAGR of 11.8%.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its applications, the global residential digital faucets industry can be segmented into digital bathroom and digital kitchen.  On the basis of distribution channels, the leading segments are offline and online. The major regional markets for the global residential digital faucets industry are North America, Latin America, Europe, Middle East, and Africa, Asia Pacific. The key players in the above market include CERA Sanitaryware Ltd., LIXIL Group Corp., Masco Corp., Oras Ltd., and TOTO Ltd.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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