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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.
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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:
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.
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.
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:
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.
|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, EMR’s 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.|
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
1.1 Objectives of the Study
1.2 Key findings of the Study
2 Research Methodology
2.1 Data Extraction
2.2 Data Corroboration
2.3 Market Structure
2.4 Inference Data
3 Executive Summary
3.1 Market Overview
3.2 Market Analysis
4 Global Residential Digital Faucets Market Analysis
4.1 Global Residential Digital Faucets Market (2016-2020) & Forecast (2021-2026)
4.2 Global Residential Digital Faucets Market Breakup by Application
4.2.1 Digital Bathroom
4.2.2 Digital Kitchen
4.3 Global Residential Digital Faucets Market Breakup by Application: Historical Market (2016-2020) & Forecast (2021-2026)
4.3.1 Digital Bathroom
4.3.2 Digital Kitchen
4.4 Global Residential Digital Faucets Market Breakup by Distribution Channel
4.5 Global Residential Digital Faucets Market Breakup by Distribution Channel: Historical Market (2016-2020) & Forecast (2021-2026)
4.6 Global Residential Digital Faucets Market Breakup by Region
4.6.1 North America
22.214.171.124 United States of America
126.96.36.199 United Kingdom
4.6.3 Asia Pacific
4.6.4 Latin America
4.6.5 Middle East & Africa
188.8.131.52 Saudi Arabia
184.108.40.206 United Arab Emirates
220.127.116.11 South Africa
4.7 Global Residential Digital Faucets Market Breakup by Region: Historical Market (2016-2020) & Forecast (2021-2026)
4.7.1 North America
18.104.22.168 United States of America
22.214.171.124 United Kingdom
4.7.3 Asia Pacific
4.7.4 Latin America
4.7.5 Middle East & Africa
126.96.36.199 Saudi Arabia
188.8.131.52 United Arab Emirates
184.108.40.206 South Africa
5 SWOT Analysis
6 Porter’s Five Forces Analysis
6.2 Buyer’s Power
6.3 Supplier’s Power
6.4 New Entrants
6.5 Degree of Rivalry
7 Competitive Landscape & Supplier Analysis
7.1 CERA Sanitaryware Ltd.
7.2 LIXIL Group Corp.
7.3 Masco Corp.
7.4 Oras Ltd.
7.5 TOTO Ltd.
8 Industry Events and Developments
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