Electric taps need electricity to operate which are mainly categorized into two types such as instant heating taps, and touchless taps. These product consist sensor or heating coils. In touchless electric taps sensor senses the movement of hand under the tap which dispense the water. Many key players provide both touchless and manually operated taps within single.
The increase in disposable income as well as growing infrastructural facilities across the globe is considered as key driving factor which is expected to propel the global electric taps market growth. Furthermore, increase in demand of electric taps coupled with the adoption of new technologies is expected to boost the global electric taps market growth. Also, key players in the global electric taps market investing heavily in research & development to launch innovative products will fuel the market growth during this forecast period. Moreover, increase in use of touchless taps will drive the global electric taps market growth. Touchless technology helps in avoiding transformation of germs by getting into physical contact with the taps which are in public facilities. Additionally, instant heating taps and touchless electric taps helps in saving energy bills which is expected to drive the demand of electric taps in market during this forecast timeline.
The high price is the major challenging factor which is expected to hinder the global electric taps market growth. Electric taps also needs additional connection for installation which further increases the cost over the forecast period. Also, demand for electric taps is low in rural areas due to lack of awareness which is expected to limit the market growth.
Global Electric Taps Market is segmented into product such as Touchless Taps, and Instant Heating Taps, by end user such as Residential, and Commercial. Further, market is segmented into mounting type such as Wall-Mounted, and Deck Mounted.
Also, Global Electric Taps Market is segmented five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Various key players are listed in this report such as Xiaomi Corporation, Wenzhou Bomei Sanitary Ware Co., Ltd., TOTO Ltd., Taizhou Hengyida Plastic Plumbing Factory, Masco Corporation, LIXIL Group Corporation, Jaquar, Kohler Co, Fortune Brands Home & Security, Inc, and Cera Sanitaryware Limited
By Mounting Type Wall-Mounted Deck Mounted
America Latin
America Europe
Asia Pacific
Middle East & Africa
Opportunities in Global Electric Taps Market?
What will be the growth rate from 2019 to 2030?
Which segment/region will have highest growth?
What are the factors that will impact/drive the Market?
What is the competitive Landscape in the Industry?
What is the role of key players in the value chain?
What are the strategies adopted by key players?
Global Electric Taps Market TOC
1 Introduction 1.1 Objective of the Study 1.2 Market definition 1.3 Market Scope
2 Research Methodology
2.1 Data Mining 2.2 Validation 2.3 Primary Interviews 2.4 List of Data Sources
3 Executive Summary 4 Global Electric Taps Market Outlook 4.1 Overview 4.2 Market Dynamics 4.2.1 Drivers 4.2.2 Restraints 4.2.3 Opportunities 4.3 Porters Five Force Model 4.4 Value Chain Analysis
5 Global Electric Taps Market, By Product 5.1 Y-o-Y Growth Comparison, By Product
5.2 Global Electric Taps Market Share Analysis, By Product
5.3 Global Electric Taps Market Size and Forecast, By Product 5.3.1 Touchless Taps
5.3.2. Instant Heating Taps
6 Global Electric Taps Market, By End User 6.1 Y-o-Y Growth Comparison, By End User
6.2 Global Electric Taps Market Share Analysis, By End User
6.3 Global Electric Taps Market Size and Forecast, By End User 6.3.1Residential
6.3.2 Commercial
7 Global Electric Taps Market, By Mounting Type 7.1 Y-o-Y Growth Comparison, By Mounting Type
7.2 Global Electric Taps Market Share Analysis, By Mounting Type
7.3 Global Electric Taps Market Size and Forecast, By Mounting Type 7.3. 1 Wall-Mounted
7.3.2. Deck Mounted
8Global Electric Taps Market, By Region 8.1 Global Electric Taps Market Share Analysis, By Region
8.2 Global Electric Taps Market Share Analysis, By Region
8.3 Global Electric Taps Market Size and Forecast, By Region
9 North America Electric Taps Market Analysis and Forecast (2020-2030) 9.1 Introduction
9.2 North America Electric Taps Market Share Analysis, By Product
9.3 North America Electric Taps Market Size and Forecast, By End User
9.4 North America Electric Taps Market Size and Forecast, By Mounting Type
9.5 North America Electric Taps Market Size and Forecast, By Country
9.5.1 U.S. 9.5.2 Canada 9.5.3 Mexico
10EuropeElectric Taps Market Analysis and Forecast (2020-2030) 10.1 Introduction
10.2 Europe Electric Taps Market Share Analysis, By Product
10.3 Europe Electric Taps Market Size and Forecast, By End User
10.4 Europe Electric Taps Market Size and Forecast, By Mounting Type
10.5 Europe Electric Taps Market Size and Forecast, By Country
10.5.1 Germany 10.5.2 France 10.5.3 UK
10.54. Rest of Europe
11Asia Pacific Electric Taps Market Analysis and Forecast (2020-2030) 11.1 Introduction
11.2 Asia Pacific Electric Taps Market Share Analysis, By Product
11.3 Asia Pacific Electric Taps Market Size and Forecast, By End User
11.4 Asia Pacific Electric Taps Market Size and Forecast, By Mounting Type
11.5 Asia Pacific Electric Taps Market Size and Forecast, By Country
11.5.1 China 11.5.2 Japan 11.5.3 India
11.5.4. Rest of Asia Pacific
12Latin America Electric Taps Market Analysis and Forecast (2020-2030) 12.1 Introduction
12.2 Latin America Electric Taps Market Share Analysis, By Product
12.3 Latin America Electric Taps Market Size and Forecast, By End User
12.4 Latin America Electric Taps Market Size and Forecast, By Mounting Type
12.5 Latin America Electric Taps Market Size and Forecast, Country
13Middle East Electric Taps Market Analysis and Forecast (2020-2030) 13.1 Introduction
13.2 Middle East Electric Taps Market Share Analysis, By Product
13.3 Middle East Electric Taps Market Size and Forecast, By End User
13.4 Middle East Electric Taps Market Size and Forecast, By Mounting Type
13.5 Middle East Electric Taps Market Size and Forecast, By Country
14Competitive Analysis 14.1 Competition Dashboard 14.2 Market share Analysis of Top Vendors 14.3 Key Development Strategies
15Company Profiles
15.1 Xiaomi Corporation
15.1.1 Overview 15.1.2 Offerings 15.1.3 Key Financials 15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2. Wenzhou Bomei Sanitary Ware Co., Ltd
15.2.1 Overview 15.2.2 Offerings 15.2.3 Key Financials 15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3. TOTO Ltd
15.3.1 Overview 15.3.2 Offerings 15.3.3 Key Financials 15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Taizhou Hengyida Plastic Plumbing Factory
15.4.1 Overview 15.4.2 Offerings 15.4.3 Key Financials 15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Masco Corporation
15.5.1 Overview 15.5.2 Offerings 15.5.3 Key Financials 15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 LIXIL Group Corporation 15.6.1 Overview 15.6.2 Offerings 15.6.3 Key Financials 15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Jaquar
15.7.1 Overview 15.7.2 Offerings 15.7.3 Key Financials 15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Kohler Co
15.8.1 Overview 15.8.2 Offerings 15.8.3 Key Financials 15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Fortune Brands Home & Security, Inc
15.9.1 Overview 15.9.2 Offerings 15.9.3 Key Financials 15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 Cera Sanitaryware Limited
15.10.1 Overview 15.10.2 Offerings 15.10.3 Key Financials 15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies
