Asia Pacific Hands-Free Faucet Market Size, Share & Industry Trends Analysis Report By End User (Commercial, and Residential), By Type (Wired, and Battery-operated), By Application (Bathroom, Kitchen, and Others), By Country and Growth Forecast, 2022 - 2028
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Get in-depth analysis of the COVID-19 impact on the Asia Pacific Hands-Free Faucet Market
Market Report Description
The Asia Pacific Hands-Free Faucet Market would witness market growth of 5.2% CAGR during the forecast period (2022-2028).
The electricity for a touchless faucet can be obtained in many different ways. Depending on the mode, a dry-cell battery installed in the back or neck of the fixture may supply power to enable the water to flow, or a low-voltage current from an AC transformer may do so. The water valve, electronics, and sensor all require electricity to function. A latching solenoid valve is used in a battery-operated faucet. This remains in the open state until a power flow forces them back to the shut position.
Transformer-powered faucets open the solenoid valve with a steady electric current, allowing water to flow. Even though the power sources can differ, every touchless or automated faucet needs one to operate. Typically, three options are available to power the hands-free faucets: Both DC/AC types exist, first using AC power to work. If AC has no power, then DC starts to work. DC 6V: 4xAA alkaline batteries; AC: utilizing a transformer to transmit power from 220V/380V to 6V. Lithium batteries or DC 3V may be used in some touchless faucets.
The Chinese government is also investing money into renewable energy, public infrastructure, and projects to build new homes, increasing the need for construction equipment. China is expected to have the largest market share because more and more companies are making technologically advanced construction equipment. With more public-private partnerships, the Chinese government has put a lot of money into building projects in rural areas to help cities grow quickly. So, rapid urbanization and more building will lead to more people using hands-free faucets, driving market growth in the region.
The China market dominated the Asia Pacific Hands-Free Faucet Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,097.6 Million by 2028. The Japan market is estimated to grow a CAGR of 4.5% during (2022 - 2028). Additionally, The India market would experience a CAGR of 6.2% during (2022 - 2028).
Based on End User, the market is segmented into Commercial, and Residential. Based on Type, the market is segmented into Wired, and Battery-operated. Based on Application, the market is segmented into Bathroom, Kitchen, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Hands-Free Faucet Market is Projected to reach USD 8.2 Billion by 2028, at a CAGR of 4.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Jaquar Group, Kohler Co., Euronics Industries Pvt. Ltd., Masco Corporation, Sloan Valve Company, Zurn Elkay Water Solutions Corporation, Professional Plumbing Group, Inc. (Marcone Company), Symmons, Inc., and Archiproducts.
Scope of the Study
Market Segments Covered in the Report:
By End User
- South Korea
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Jaquar Group
- Kohler Co.
- Euronics Industries Pvt. Ltd.
- Masco Corporation
- Sloan Valve Company
- Zurn Elkay Water Solutions Corporation
- Professional Plumbing Group, Inc. (Marcone Company)
- Symmons, Inc.
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Global Hands-Free Faucet Market Report 2022-2028
North America Hands-Free Faucet Market Report 2022-2028
Europe Hands-Free Faucet Market Report 2022-2028