The Global Residential Sensor Faucet in Retail Market Growth 2019-2024 is a research report available at DecisionDatabases.com.
Sensor faucet is a faucet with a hands-free mechanism for opening and closing its valve. The use of such faucets is mainly used in public washrooms where they are an important tool for conserving water and mitigating the spread of germs. Residential sensor faucet has been found used widely in kitchen and bathrooms.
Residential sensor faucet can be used in two fields, kitchen and bathroom. Kitchen is the largest application of residential sensor faucet, with market share of 59.98% in 2015. Bathroom applications for sensor faucet is in fast growing due to the increasing demand for convenience and hygiene for residents.
Residential sensor faucet can be classified as direct current sensor faucet and alternating current sensor faucet in terms of working principle. Direct current sensor faucet is the major kind of residential sensor faucet due to lower cost and convenience.
According to this study, over the next five years the Residential Sensor Faucet in Retail market will register a 2.9% CAGR in terms of revenue, the global market size will reach US$ 78 million by 2024, from US$ 66 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Residential Sensor Faucet in Retail business, shared in Chapter 3.
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The key manufacturers covered in this report:
- LIXIL Group Corporation
- Masco Corporation
- PRESTO Group
- Sloan Valve
- Advanced Modern Technologies
- Beiduo Bathroom
- Sunlot Shares
- Fuzhou Sanxie Electron
- GLLO (Fujian) Smart Kitchen & Bathroom Stock
- YOCOSS Electronic Equipment
- Fuzhou GIBO Induction Satinary Ware
Segmentation by product type:
- Alternating Current Sensor Faucet
- Direct Current Sensor Faucet
Segmentation by application:
This report also splits the market by region:
- United States
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- To study and analyze the global Residential Sensor Faucet in Retail consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
- To understand the structure of Residential Sensor Faucet in Retail market by identifying its various subsegments.
- Focuses on the key global Residential Sensor Faucet in Retail manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the Residential Sensor Faucet in Retail with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- To project the consumption of Residential Sensor Faucet in Retail submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.
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