Hands Free Taps Market Sales and Revenue Share by Countries
Hands free taps are hygienic and conserve water because water flows when needed. Growth in residential construction and rising disposable income of people are major driving factors of the hands free taps market. Rising industrialization and urbanization are boosting the construction industry. Developing countries are experiencing increasing demand for urban houses due to growing income and population which supports the growth of the hands free taps market. Growing awareness about water conservation is also anticipated to drive the hands free taps market in the coming years.
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Hands Free Taps Market – Competitive Landscape
The hands free taps market is fragmented into several international and domestic companies. Leading market players are focusing on technological developments in the product to reduce cost of production and increase sales.
- In February 2017, Kohler Co. announced acquisition of U.K-based Clarke Energy, active in construction, engineering, installation, and maintenance of engine based power plants.
- Major players in the hands free taps market are making considerable investment in R&D to enlarge their product portfolio with energy efficient products to meet the growing demand from consumers of different industries.
Kohler Co.
The company was set up in 1873 in Kohler, Wisconsin, the U.S by John Michael Kohler. Kohler Co. is an American manufacturing company involved in manufacturing plumbing products, and furniture, cabinetry, tiles, engines, and generators. It has several business divisions such as Kohler Kitchens, Kohler Design Service, Kohler LuxStone Showers, and Kohler Walk-In Bath. Kohler Co. operates across the world and has around 32,000 employees.
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Miscea GmbH
Miscea GmbH was established in 1999 in Grossbeeren, Germany, and is involved in the production of hand hygiene dispensing solutions, and multi fluid dispensing sensor faucets. The company has offices in several countries including Germany, the Netherlands, Switzerland, and Poland.