According to Fortune Business Insights™ The Global Electric Taps Market is anticipated to rise at a considerable rate during the forecast period, from 2021 to 2028. In 2022, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
Electric Taps Market Size reports are comprehensive documents that provide detailed analysis and insights into a specific market or industry. They typically include information on the current state of the market, trends, opportunities, challenges, competitive landscape, and future outlook.
Electric Taps Market size was USD 396.9 million in 2020 and is projected to grow from USD 429.7 million in 2021 to USD 877.2 million in 2028 at a CAGR of 10.7% during the 2021-2028 period.
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Scope of the Report:
The latest research on the Electric Taps Market provides an overview for the forecast year 2021-2028. It gives a comprehensive picture of global industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter’s five forces analysis, Industry Value chain analysis, and PESTEL analysis, which help to understand the market direction and movement in the current and upcoming years. The report is designed to help readers find information and make decisions that will help them grow their businesses. The study is written with a specific goal in mind: to give business insights and consultancy to help customers make smart business decisions and achieve long-term success in their particular market areas.
Key Drives:
The ever-growing commercial facilities construction has generated the demand for touchless taps to avoid physical contact. The touchless technology is helping to minimize the germ spreading across facilities in this pandemic situation. Additionally, sensor-activated taps are gradually encapsulating their importance in medical facilities.
The Significant Players operating in the Electric Taps Market are:
- LIXIL Corporation (Tokyo, Japan)
- Masco Corporation (Michigan, U.S.)
- Wenzhou Bomei Sanitary Ware Co., Ltd (Zhejiang, China)
- Jaquar (Gurgaon, India)
- Kohler Co. (Wisconsin, U.S.)
- Taizhou Hengyida Plastic Plumbing Factory (Zhejiang, China)
- Toto Ltd. (Fukuoka, Japan)
- Euronics Industries Pvt Ltd (Gurgaon, India)
- Havells India Ltd. (Uttar Pradesh, India)
- Fortune Brands Home & Security, Inc. (Illinois, U.S.)
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Market Segmentations
By Type
- Instant Heating Taps
- Touchless Taps
By Mounting Type
- Deck-mounted
- Wall-mounted
By Application
- Commercial
- Restaurants/Hotels
- Offices
- Medical Facilities
- Entertainment Places
- Others (Airports, etc.)
- Residential
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Major Points from the Table of Contents:
1 Industry Overview
1.1 Electric Taps Industry Introduction
1.2 Industry Analysis by Type
1.3 Industry Analysis by Applications
1.4 Industry Analysis by Regions
1.4.1 North America (United States, Canada, and Mexico)
1.4.1.1 United States Industry States and Outlook (2028)
1.4.1.2 Canada Industry States and Outlook (2028)
1.4.1.3 Mexico Industry States and Outlook (2028)
1.4.2 Europe (Germany, France, UK, Russia, and Italy)
1.4.2.1 Germany Industry States and Outlook (2028)
1.4.2.2 France Industry States and Outlook (2028)
1.4.2.3 UK Industry States and Outlook (2028)
1.4.2.4 Russia Industry States and Outlook (2028)
1.4.2.5 Italy Industry States and Outlook (2028)
1.4.3 Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
1.4.3.1 China Industry States and Outlook (2028)
1.4.3.2 Japan Industry States and Outlook (2028)
1.4.3.3 Korea Industry States and Outlook (2028)
1.4.3.4 India Industry States and Outlook (2028)
1.4.3.5 Southeast Asia Industry States and Outlook (2028)
1.4.4 South America, Middle East, and Africa
1.4.4.1 Brazil Industry States and Outlook (2028)
1.4.4.2 Egypt Industry States and Outlook (2028)
1.4.4.3 Saudi Arabia Industry States and Outlook (2028)
1.4.4.4 South Africa Industry States and Outlook (2028)
1.4.4.5 Turkey Industry States and Outlook (2028)
1.5 Industry Dynamics
1.5.1 Industry Opportunities
1.5.2 Industry Risk
1.5.3 Industry Driving Forecast
2 Manufacturers Profile
Continue....
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