Reports
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 attained a value USD 5.22 billion in 2022. The market is likely to grow at a CAGR of 12.1% during the forecast period of 2023-2028.
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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.
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:
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- 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.
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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 Opportunities and Challenges in the Market
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 Historical Trend (2018-2022)
8.4.1.2 Forecast Trend (2023-2028)
8.4.2 Digital Kitchen
8.4.2.1 Historical Trend (2018-2022)
8.4.2.2 Forecast Trend (2023-2028)
8.5 Global Residential Digital Faucets Market by Distribution Channel
8.5.1 Offline
8.5.1.1 Historical Trend (2018-2022)
8.5.1.2 Forecast Trend (2023-2028)
8.5.2 Online
8.5.2.1 Historical Trend (2018-2022)
8.5.2.2 Forecast Trend (2023-2028)
8.6 Global Residential Digital Faucets Market by Region
8.6.1 North America
8.6.1.1 Historical Trend (2018-2022)
8.6.1.2 Forecast Trend (2023-2028)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2022)
8.6.2.2 Forecast Trend (2023-2028)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2022)
8.6.3.2 Forecast Trend (2023-2028)
8.6.4 Latin America
8.6.4.1 Historical Trend (2018-2022)
8.6.4.2 Forecast Trend (2023-2028)
8.6.5 Middle East and Africa
8.6.5.1 Historical Trend (2018-2022)
8.6.5.2 Forecast Trend (2023-2028)
9 North America Residential Digital Faucets Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
10 Europe Residential Digital Faucets Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.3 France
10.3.1 Historical Trend (2018-2022)
10.3.2 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Historical Trend (2018-2022)
10.4.2 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Residential Digital Faucets Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2022)
11.1.2 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Historical Trend (2018-2022)
11.2.2 Forecast Trend (2023-2028)
11.3 India
11.3.1 Historical Trend (2018-2022)
11.3.2 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Historical Trend (2018-2022)
11.4.2 Forecast Trend (2023-2028)
11.5 Australia
11.5.2 Historical Trend (2018-2022)
11.5.2 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Residential Digital Faucets Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2022)
12.1.2 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Historical Trend (2018-2022)
12.2.2 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Historical Trend (2018-2022)
12.3.2 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Residential Digital Faucets Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2022)
13.1.2 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2022)
13.2.2 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Historical Trend (2018-2022)
13.3.2 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Historical Trend (2018-2022)
13.4.2 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 CERA Sanitaryware Ltd.
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 LIXIL Group Corporation
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Armstrong International Inc.
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Oras Ltd.
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 TOTO Ltd.
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Kohler Co.
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Others
17 Key Trends and Developments in the Market
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 12.1% between 2023 and 2028.
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 2023-2028, growing at a CAGR of 12.1%.
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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