Smart Faucets Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F, Segmented By Material (Stainless Steel, Brass, Others (Zinc Alloy etc.), By Application (Residential, Commercial), By Distribution Channel (Brick & Mortar, Online), By Region, Competition

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Summary

Report Description

The global smart faucets market size is anticipated to project robust growth during the forecast period. The market is being driven by growing adoption of smart appliances within the households, rising concern for water wastage, and rising demand from hospitality sector.

Global Smart Faucets Market Scope

A smart faucet is a bathroom fixture that offers various features such as voice activation, temperature control and sensors, enabling users to perform tasks such as filling containers and adjusting the water temperature without touching the faucets. The reflex technology in the smart faucet detects and automatically turn the water on (and off) when they detect hand movement. Most of the companies offer motion-based or hands-free operation in faucets. Some smart faucets connect to a power source under the sink, others are battery-powered.

Smart Faucets is an important bathroom fixture that helps in saving water in both residential and commercial sectors. People waste more water unintentionally when using conventional faucets. These smart bathroom fixtures help in the reducing of wastage of water. Thus, these factors are projected to boost the utility of smart faucets over the forecast period.

Global Smart Faucets Market Overview

Smart faucets are experiencing high demand due to their ease and convenience and the majority of the smart faucets are supplied to the commercial sector. Moreover, smart faucets help in reducing water wastage by 50%, combined with features such as setting up of a flow rate and temperature per use, which significantly reduces the amount of energy needed to heat and supply the water, resulting in lowering overall utility expenses. These are some of the factors which are pushing up the growth rate of the global smart faucets market.

The majority of the top manufacturers are focusing on developing advanced bathroom fixtures which are backed with Internet of Things (IoT) for e.g., Moen’s smart faucet features high efficiency and smart connectivity with the help of power boost technology. The availability of several designs and the manufacturing of smart appliances is expected to boost the smart faucets market.

Global Smart Faucets Market Driver

The rising demand from commercial sector is expected to fuel the market during the forecast period. The installation of smart appliances in the Commercial Real Estate (CRE) is influencing the market growth of Smart Faucets. Particularly, the Internet of Things (IoT) is already having a substantial impact on the Commercial Real Estate (CRE) business, assisting companies in shifting their attention away from a pricing strategy. The use of smart faucets in commercial projects makes it easier for maintenance workers to monitor and manage water and energy use. Moreover, this makes reporting simpler and enables maintenance workers to make sure the structure complies with energy norms and standards. Thus, the availability of multi-functionality of smart faucets and huge range of products are driving the demand of smart faucets market globally during the forecast period.

Some of the most important and significant factors that will probably boost the growth of the smart faucets market during the forecast period include rising preferences for using luxury and ergonomically designed products and enhancement of home esthetics.

Global Smart Faucets Market Trends

The smart faucets market is driven by increasing consumer shift towards the smart home bathroom fixtures owing to its ease of use. Smart faucets provide better control and monitoring of water consumption. Smart faucets, which are intended to promote safety and cleanliness, prevent the spread of germs by 85%. Smart faucets are also an effective way to prevent diseases like legionella. Staff can preset the faucets to flush at regular times using automatic control settings. This prevents water from stagnating in the pipes and growth of legionella bacteria in them.

The smart faucets can also reduce hot water burns through automatic temperature control. Furthermore, these features help in providing more safety features to customers. However, the development of digital, hybrid, and contactless faucets, as well as an increase in celebrity endorsements in social media posts and advertisements will help in promoting the market growth. The prevalence of improved distribution channels and rising product adoption across the residential and hospitality sectors will fuel the market growth.

Global Smart Faucets Market Challenges

The availability of various counterfeit products of brands such as Kohler, Delta, Grohe, and Moen etc. is restraining the market growth. Majority of counterfeit brands are found in emerging countries such as India, Indonesia, Bangladesh etc., where consumers are particularly price conscious. As a result, it becomes difficult for customers to differentiate between counterfeit and original products. Other market challenges include high product costs, high installation cost, concerns regarding device efficiency, and product durability. Thus, these factors can restrain the market growth during the forecast period.


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Recent Developments

  • In 2022, Moen Incorporated launched smart Faucets with motion control. It consists of features such as voice activation, temperature control and water flow by simple hand motions. The company also announced integrations between its smart faucets and other smart water devices.
  • In 2022, Kohler Co. launched touchless residential bathroom faucets that can be turned on and off with the wave of a hand. The smart faucets have temperature control, shut off feature that stops the flow of water in two minutes and it has vacation mode that is battery operated.
  • In 2021, Jaquar introduced blush sensor faucets, which feature intelligent sensor and promote touch-free and germ-kill functionality, paving the path for energy and water usage reduction. These faucets have a long battery life and are supplied with a control box and a pre-mixed water supply kit.
  • In 2022, Kohler Co.'s Power Group did two acquisitions that would boost its electrification and renewable energy efforts. The company acquired Massachusetts-based Heila Technologies and New York-based Curtis Instruments to diversify its electrification initiatives.
  • In 2022, LIXIL Corporation, headquartered in Tokyo, acquired Basco, a shower door manufacturing company based in the United States. LIXIL will be able to expand its comprehensive kitchen and bath range of products throughout America as a result of the strategic acquisition, and consumers will be able to access complete showering and bathroom solutions.
  • In 2020, Water fixture giant Moen Inc. acquired a majority stake of the Culver City-based Flo Technologies Inc., a smart-water management and leak-detection company headquartered in California.
  • In 2020, Hansgrohe SE subsidiary of Livonia-based Masco Corporation, one of the world's leading manufacturers of home improvement and building goods, acquired a majority stake in Easy Sanitary Solutions (ESS).

Global Smart Faucets Market Opportunities

There is rapid growth in the demand of smart faucets from online sales channel during the forecast period. The expansion of the e-commerce industry has created various opportunities for the manufacturers and distributors in the Smart Faucets market to sell their products through various online platforms to meet the demands of a wide range of customers globally. Furthermore, increasing construction of malls, restaurants, hotels, schools, and cafeterias etc. has created new opportunities for the smart faucets market in commercial sector throughout the forecast period. For instance, the US engineering and construction industry grew by 8% in 2021 as compared to previous year. Thus, increasing automation in the bathroom fixtures with smart connectivity features will cater to the demand from commercial sector during the forecast period.

Global Smart Faucets Company Profiles

Moen Incorporated, Kohler Co., Masco Corporation, TOTO Ltd., Kraus USA Plumbing LLC, LIXIL Corporation, Roca Sanitario, S.A, CERA Sanitaryware Ltd, Oras Ltd. and Jaquar & Company Private Limited are among the major market players in the global platform that lead the market growth of the global smart faucets market.

Global Smart Faucets Market Segmentation

The global smart faucets market is segmented based on material, application, distribution channel and region. Based on material, the market is segmented into stainless steel, brass, others (zinc alloy etc.). Based on application, the market is bifurcated into residential and commercial. Based on distribution channel, the market is segmented into brick & mortar, online. Based on region, the market is segmented into North America, Asia-Pacific, Europe, Middle East & Africa, and South America.

Attribute

Details

Base Year

2022

Historical Years

2018 – 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Billion, Volume in Million and CAGR for 2018-2022 and 2023-2028

Report Coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

Material Type

Application

Distribution Channel

Region

Regional Scope

North America, Asia-Pacific, Europe, Middle East & Africa and South America

Country Scope

United States, Canada, Mexico, China, India, Japan, South Korea, Australia, Germany, France, United Kingdom; Italy, Spain, Saudi Arabia, UAE, South Africa, Turkey; Brazil; Argentina, Colombia

Key Companies Profiled

Moen Incorporated, Kohler Co., Masco Corporation, TOTO Ltd., Kraus USA Plumbing LLC, LIXIL Corporation, Roca Sanitario, S.A, CERA Sanitaryware Ltd, Oras Ltd. and Jaquar & Company Private Limited

Customization Scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and Purchase Options

Avail of customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/pdf format on special request)

 

Report Scope:

In this report, the global smart faucets market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Smart Faucets Market, By Material Type:
    • Stainless Steel
    • Brass
    • Others (Zinc Alloy etc.)
  • Smart Faucets Market, By Application:
    • Residential
    • Commercial
  • Smart Faucets Market, By Distribution Channel:
    • Brick & Mortar
    • Online
  • Smart Faucets Market, By Region:
    • North America
      • United States
      • Canada
      • Mexico
    • Asia-Pacific
      • China
      • India
      • Japan
      • South Korea
      • Australia
    • Europe
      • Germany
      • France
      • United Kingdom
      • Italy
      • Spain
    • Middle East & Africa
      • Saudi Arabia
      • UAE
      • South Africa
      • Turkey
    • South America
      • Brazil
      • Argentina
      • Colombia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the global smart faucets market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Smart Faucets Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Introduction

1.1.  Product Overview

1.2.  Key Highlights of the Report

1.3.  Market Coverage

1.4.  Market Segments Covered

1.5.  Research Tenure Considered

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary      

3.1.  Market Overview

3.2.  Market Forecast

3.3.  Key Regions

3.4.  Key Segments

4.    Voice of Customer Analysis (B2C Model Analysis)

4.1.  Brand Awareness

4.2.  Factors Influencing Purchase Decision

4.3.  Customer Satisfaction

4.4.  Challenges Faced After Purchase

5.    Global Smart Faucets Market Outlook

5.1.  Market Size & Forecast

5.1.1.    By Value

5.1.2.    By Volume

5.2.  Market Share & Forecast

5.2.1.    By Material Type Market Share Analysis (Stainless Steel, Brass, Others (Zinc Alloy etc.)

5.2.2.    By Application Market Share Analysis (Residential, Commercial)

5.2.3.    By Distribution Channel Market Share Analysis (Brick & Mortar, Online)

5.2.4.    By Regional Market Share Analysis

5.2.4.1.        North America Market Share Analysis

5.2.4.2.        Asia-Pacific Market Share Analysis

5.2.4.3.        Europe Market Share Analysis

5.2.4.4.        Middle East & Africa Market Share Analysis

5.2.4.5.        South America Market Share Analysis

5.2.5.    By Top 5 Companies Market Share Analysis, Others (2022)

5.3.  Global Smart Faucets Market Mapping & Opportunity Assessment

5.3.1.    By Material Type Market Mapping & Opportunity Assessment

5.3.2.    By Application Market Mapping & Opportunity Assessment

5.3.3.    By Distribution Channel Market Mapping & Opportunity Assessment

5.3.4.    By Regional Market Mapping & Opportunity Assessment

6.    North America Smart Faucets Market Outlook

6.1.  Market Size & Forecast        

6.1.1.    By Value

6.1.2.    By Volume

6.2.  Market Share & Forecast

6.2.1.    By Material Type Market Share Analysis

6.2.2.    By Application Market Share Analysis

6.2.3.    By Distribution Channel Market Share Analysis

6.2.4.    By Country Market Share Analysis

6.2.4.1.        United States Smart Faucets Market Outlook

6.2.4.1.1.            Market Size & Forecast

6.2.4.1.1.1.                By Value

6.2.4.1.1.2.                By Volume

6.2.4.1.2.            Market Share & Forecast

6.2.4.1.2.1.                By Material Type Market Share Analysis

6.2.4.1.2.2.                By Application Market Share Analysis

6.2.4.1.2.3.                By Distribution Channel Market Share Analysis

6.2.4.2.        Canada Smart Faucets Market Outlook

6.2.4.2.1.            Market Size & Forecast

6.2.4.2.1.1.                By Value

6.2.4.2.1.2.                By Volume

6.2.4.2.2.            Market Share & Forecast

6.2.4.2.2.1.                By Material Type Market Share Analysis

6.2.4.2.2.2.                By Application Market Share Analysis

6.2.4.2.2.3.                By Distribution Channel Market Share Analysis

6.2.4.3.        Mexico Smart Faucets Market Outlook

6.2.4.3.1.            Market Size & Forecast

6.2.4.3.1.1.                By Value

6.2.4.3.1.2.                By Volume

6.2.4.3.2.            Market Share & Forecast

6.2.4.3.2.1.                By Material Type Market Share Analysis

6.2.4.3.2.2.                By Application Market Share Analysis

6.2.4.3.2.3.                By Distribution Channel Market Share Analysis

7.    Asia-Pacific Smart Faucets Market Outlook

7.1.  Market Size & Forecast        

7.1.1.    By Value

7.1.2.    By Volume

7.2.  Market Share & Forecast

7.2.1.    By Material Type Market Share Analysis

7.2.2.    By Application Market Share Analysis

7.2.3.    By Distribution Channel Market Share Analysis

7.2.4.    By Country Market Share Analysis

7.2.4.1.        China Smart Faucets Market Outlook

7.2.4.1.1.            Market Size & Forecast

7.2.4.1.1.1.                By Value

7.2.4.1.1.2.                By Volume

7.2.4.1.2.            Market Share & Forecast

7.2.4.1.2.1.                By Material Type Market Share Analysis

7.2.4.1.2.2.                By Application Market Share Analysis

7.2.4.1.2.3.                By Distribution Channel Market Share Analysis

7.2.4.2.        India Smart Faucets Market Outlook

7.2.4.2.1.            Market Size & Forecast

7.2.4.2.1.1.                By Value

7.2.4.2.1.2.                By Volume

7.2.4.2.2.            Market Share & Forecast

7.2.4.2.2.1.                By Material Type Market Share Analysis

7.2.4.2.2.2.                By Application Market Share Analysis

7.2.4.2.2.3.                By Distribution Channel Market Share Analysis

7.2.4.3.        Japan Smart Faucets Market Outlook

7.2.4.3.1.            Market Size & Forecast

7.2.4.3.1.1.                By Value

7.2.4.3.1.2.                By Volume

7.2.4.3.2.            Market Share & Forecast

7.2.4.3.2.1.                By Material Type Market Share Analysis

7.2.4.3.2.2.                By Application Market Share Analysis

7.2.4.3.2.3.                By Distribution Channel Market Share Analysis

7.2.4.4.        South Korea Smart Faucets Market Outlook

7.2.4.4.1.            Market Size & Forecast

7.2.4.4.1.1.                By Value

7.2.4.4.1.2.                By Volume

7.2.4.4.2.            Market Share & Forecast

7.2.4.4.2.1.                By Material Type Market Share Analysis

7.2.4.4.2.2.                By Application Market Share Analysis

7.2.4.4.2.3.                By Distribution Channel Market Share Analysis

7.2.4.5.        Australia Smart Faucets Market Outlook

7.2.4.5.1.            Market Size & Forecast

7.2.4.5.1.1.                By Value

7.2.4.5.1.2.                By Volume

7.2.4.5.2.            Market Share & Forecast

7.2.4.5.2.1.                By Material Type Market Share Analysis

7.2.4.5.2.2.                By Application Market Share Analysis

7.2.4.5.2.3.                By Distribution Channel Market Share Analysis

8.    Europe Smart Faucets Market Outlook

8.1.  Market Size & Forecast        

8.1.1.    By Value

8.1.2.    By Volume

8.2.  Market Share & Forecast

8.2.1.    By Material Type Market Share Analysis

8.2.2.    By Application Market Share Analysis

8.2.3.    By Distribution Channel Market Share Analysis

8.2.4.    By Country Market Share Analysis

8.2.4.1.        Germany Smart Faucets Market Outlook

8.2.4.1.1.            Market Size & Forecast

8.2.4.1.1.1.                By Value

8.2.4.1.1.2.                By Volume

8.2.4.1.2.            Market Share & Forecast

8.2.4.1.2.1.                By Material Type Market Share Analysis

8.2.4.1.2.2.                By Application Market Share Analysis

8.2.4.1.2.3.                By Distribution Channel Market Share Analysis

8.2.4.2.        France Smart Faucets Market Outlook

8.2.4.2.1.            Market Size & Forecast

8.2.4.2.1.1.                By Value

8.2.4.2.1.2.                By Volume

8.2.4.2.2.            Market Share & Forecast

8.2.4.2.2.1.                By Material Type Market Share Analysis

8.2.4.2.2.2.                By Application Market Share Analysis

8.2.4.2.2.3.                By Distribution Channel Market Share Analysis

8.2.4.3.        United Kingdom Smart Faucets Market Outlook

8.2.4.3.1.            Market Size & Forecast

8.2.4.3.1.1.                By Value

8.2.4.3.1.2.                By Volume

8.2.4.3.2.            Market Share & Forecast

8.2.4.3.2.1.                By Material Type Market Share Analysis

8.2.4.3.2.2.                By Application Market Share Analysis

8.2.4.3.2.3.                By Distribution Channel Market Share Analysis

8.2.4.4.        Italy Smart Faucets Market Outlook

8.2.4.4.1.            Market Size & Forecast

8.2.4.4.1.1.                By Value

8.2.4.4.1.2.                By Volume

8.2.4.4.2.            Market Share & Forecast

8.2.4.4.2.1.                By Material Type Market Share Analysis

8.2.4.4.2.2.                By Application Market Share Analysis

8.2.4.4.2.3.                By Distribution Channel Market Share Analysis

8.2.4.5.        Spain Smart Faucets Market Outlook

8.2.4.5.1.            Market Size & Forecast

8.2.4.5.1.1.                By Value

8.2.4.5.1.2.                By Volume

8.2.4.5.2.            Market Share & Forecast

8.2.4.5.2.1.                By Material Type Market Share Analysis

8.2.4.5.2.2.                By Application Market Share Analysis

8.2.4.5.2.3.                By Distribution Channel Market Share Analysis

9.    Middle East & Africa Smart Faucets Market Outlook

9.1.  Market Size & Forecast        

9.1.1.    By Value

9.1.2.    By Volume

9.2.  Market Share & Forecast

9.2.1.    By Material Type Market Share Analysis

9.2.2.    By Application Market Share Analysis

9.2.3.    By Distribution Channel Market Share Analysis

9.2.4.    By Country Market Share Analysis

9.2.4.1.        Saudi Arabia Smart Faucets Market Outlook

9.2.4.1.1.            Market Size & Forecast

9.2.4.1.1.1.                By Value

9.2.4.1.1.2.                By Volume

9.2.4.1.2.            Market Share & Forecast

9.2.4.1.2.1.                By Material Type Market Share Analysis

9.2.4.1.2.2.                By Application Market Share Analysis

9.2.4.1.2.3.                By Distribution Channel Market Share Analysis

9.2.4.2.        UAE Smart Faucets Market Outlook

9.2.4.2.1.            Market Size & Forecast

9.2.4.2.1.1.                By Value

9.2.4.2.1.2.                By Volume

9.2.4.2.2.            Market Share & Forecast

9.2.4.2.2.1.                By Material Type Market Share Analysis

9.2.4.2.2.2.                By Application Market Share Analysis

9.2.4.2.2.3.                By Distribution Channel Market Share Analysis

9.2.4.3.        South Africa Smart Faucets Market Outlook

9.2.4.3.1.            Market Size & Forecast

9.2.4.3.1.1.                By Value

9.2.4.3.1.2.                By Volume

9.2.4.3.2.            Market Share & Forecast

9.2.4.3.2.1.                By Material Type Market Share Analysis

9.2.4.3.2.2.                By Application Market Share Analysis

9.2.4.3.2.3.                By Distribution Channel Market Share Analysis

9.2.4.4.        Turkey Smart Faucets Market Outlook

9.2.4.4.1.            Market Size & Forecast

9.2.4.4.1.1.                By Value

9.2.4.4.1.2.                By Volume

9.2.4.4.2.            Market Share & Forecast

9.2.4.4.2.1.                By Material Type Market Share Analysis

9.2.4.4.2.2.                By Application Market Share Analysis

9.2.4.4.2.3.                By Distribution Channel Market Share Analysis

10.  South America Smart Faucets Market Outlook

10.1.             Market Size & Forecast         

10.1.1. By Value

10.1.2. By Volume

10.2.             Market Share & Forecast

10.2.1. By Material Type Market Share Analysis

10.2.2. By Application Market Share Analysis

10.2.3. By Distribution Channel Market Share Analysis

10.2.4. By Country Market Share Analysis

10.2.4.1.     Brazil Smart Faucets Market Outlook

10.2.4.1.1.         Market Size & Forecast

10.2.4.1.1.1.             By Value

10.2.4.1.1.2.             By Volume

10.2.4.1.2.         Market Share & Forecast

10.2.4.1.2.1.             By Material Type Market Share Analysis

10.2.4.1.2.2.             By Application Market Share Analysis

10.2.4.1.2.3.             By Distribution Channel Market Share Analysis

10.2.4.2.     Argentina Smart Faucets Market Outlook

10.2.4.2.1.         Market Size & Forecast

10.2.4.2.1.1.             By Value

10.2.4.2.1.2.             By Volume

10.2.4.2.2.         Market Share & Forecast

10.2.4.2.2.1.             By Material Type Market Share Analysis

10.2.4.2.2.2.             By Application Market Share Analysis

10.2.4.2.2.3.             By Distribution Channel Market Share Analysis

10.2.4.3.     Colombia Smart Faucets Market Outlook

10.2.4.3.1.         Market Size & Forecast

10.2.4.3.1.1.             By Value

10.2.4.3.1.2.             By Volume

10.2.4.3.2.         Market Share & Forecast

10.2.4.3.2.1.             By Material Type Market Share Analysis

10.2.4.3.2.2.             By Application Market Share Analysis

10.2.4.3.2.3.             By Distribution Channel Market Share Analysis

11.  Market Dynamics

11.1.             Drivers

11.1.1. Growing demand of energy efficient appliances

11.1.2. Adoption of modular kitchen

11.1.3. Increasing demand from malls and hotels

11.2.             Challenges

11.2.1. Presence of counterfeit products

11.2.2. High cost

12.  Market Trends & Developments

12.1.             Increasing water conservation initiatives

12.2.             Ease of usage

12.3.             Surging marketing tactics

12.4.             New smart product launches

12.5.             Increase in online presence

13.  Porter’s Five Forces Model

13.1.             Competitive Rivalry

13.2.             Bargaining Power of Buyers

13.3.             Bargaining power of Suppliers

13.4.             Threat of New Entrants

13.5.             Threat of Substitutes

14.  SWOT Analysis

14.1.             Strengths

14.2.             Weaknesses

14.3.             Opportunities

14.4.             Threats

15.  Competitive Landscape

15.1.             Company Profiles

15.1.1. Moen Incorporated

15.1.1.1.     Company Details

15.1.1.2.     Product & Services

15.1.1.3.     Financials (As Per Availability)

15.1.1.4.     Key Market Focus & Geographical Presence

15.1.1.5.     Recent Developments

15.1.1.6.     Key Management Personnel

15.1.2. Kohler Co.

15.1.2.1.     Company Details

15.1.2.2.     Product & Services

15.1.2.3.     Financials (As Per Availability)

15.1.2.4.     Key Market Focus & Geographical Presence

15.1.2.5.     Recent Developments

15.1.2.6.     Key Management Personnel

15.1.3. Masco Corporation

15.1.3.1.     Company Details

15.1.3.2.     Product & Services

15.1.3.3.     Financials (As Per Availability)

15.1.3.4.     Key Market Focus & Geographical Presence

15.1.3.5.     Recent Developments

15.1.3.6.     Key Management Personnel

15.1.4. TOTO Ltd.

15.1.4.1.     Company Details

15.1.4.2.     Product & Services

15.1.4.3.     Financials (As Per Availability)

15.1.4.4.     Key Market Focus & Geographical Presence

15.1.4.5.     Recent Developments

15.1.4.6.     Key Management Personnel

15.1.5. LIXIL Corporation

15.1.5.1.     Company Details

15.1.5.2.     Product & Services

15.1.5.3.     Financials (As Per Availability)

15.1.5.4.     Key Market Focus & Geographical Presence

15.1.5.5.     Recent Developments

15.1.5.6.     Key Management Personnel

15.1.6. Kraus USA Plumbing LLC

15.1.6.1.     Company Details

15.1.6.2.     Product & Services

15.1.6.3.     Financials (As Per Availability)

15.1.6.4.     Key Market Focus & Geographical Presence

15.1.6.5.     Recent Developments

15.1.6.6.     Key Management Personnel

15.1.7. Roca Sanitario, S.A

15.1.7.1.     Company Details

15.1.7.2.     Product & Services

15.1.7.3.     Financials (As Per Availability)

15.1.7.4.     Key Market Focus & Geographical Presence

15.1.7.5.     Recent Developments

15.1.7.6.     Key Management Personnel

15.1.8. CERA Sanitaryware Ltd

15.1.8.1.     Company Details

15.1.8.2.     Product & Services

15.1.8.3.     Financials (As Per Availability)

15.1.8.4.     Key Market Focus & Geographical Presence

15.1.8.5.     Recent Developments

15.1.8.6.     Key Management Personnel

15.1.9. Oras Ltd.

15.1.9.1.     Company Details

15.1.9.2.     Product & Services

15.1.9.3.     Financials (As Per Availability)

15.1.9.4.     Key Market Focus & Geographical Presence

15.1.9.5.     Recent Developments

15.1.9.6.     Key Management Personnel

15.1.10.               Jaquar & Company Private Limited

15.1.10.1.   Company Details

15.1.10.2.   Product & Services

15.1.10.3.   Financials (As Per Availability)

15.1.10.4.   Key Market Focus & Geographical Presence

15.1.10.5.   Recent Developments

15.1.10.6.   Key Management Personnel

16.  Strategic Recommendations/Action Plan

16.1.             Key Focus Areas

16.2.             Target Material Type

16.3.             Target Application

17.  About Us & Disclaimer

 (Note: The companies list can be customized based on the client requirements.)

Figures and Tables

Frequently asked questions

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The key factors driving the Smart Faucets Market are rising water conservation initiatives, increasing demand of energy efficient appliances, ease of use and unique marketing tactics by various brands.

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A smart faucet's advanced features include hands-free control, water usage monitoring, and pre-set water temperature settings that customers can control from smartphone.

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One of the most prominent reasons for using smart appliances is their environmental sustainability. For instance, customers, can save up to 50% of their annual water consumption by switching to smart faucets. Furthermore, consumers can save electricity on with temperature control features while maintaining comfort and convenience.

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The key players in the global Smart Faucets market are Moen Incorporated, Kohler Co., Masco Corporation, TOTO Ltd., Kraus USA Plumbing LLC, LIXIL Corporation, Roca Sanitario, S.A, CERA Sanitaryware Ltd, Oras Ltd., and Jaquar & Company Private Limited.

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Parvati Sharma

Account Manager BD
Press Release

Smart Faucets Market To Be Fueled By Stainless Steel Segment During The Forecast Period

Apr, 2023

Rising adoption of smart appliances in modular kitchen and smart bathrooms and increasing awareness of energy efficient appliances are the leading factors driving the global Smart Faucets Market duri

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