October 2, 2023

Global Electric Taps Market Projected to Grow at a CAGR of 10.7% during the Forecast Period

The Global Electric Taps Market Research Report (2023-2028) presents an in-depth analysis of the current market status, future forecasts, growth opportunities, key markets, and leading players. This report provides detailed data on factors influencing the growth of the Electric Taps Industry at both national and local levels. Readers will gain insights into market size forecasts, regional market share, segment and country growth opportunities, key company profiles, product portfolios, growth strategies, and more.

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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.

Highlights of the Electric Taps Market Report:

  • Comprehensive scope analysis of the Electric Taps Industry,
  • Top Key Players in the Electric Taps Market,
  • Detailed segmentations and market analyses,
  • Insights on major industry players, competitive landscapes, emerging market trends, regional impacts, and more.

A few top players in the industry 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.)

Market Analysis and Insights:

The report combines quantitative and qualitative analysis, offering a macro overview of the overall market size, industry chain, and market dynamics. It delves deep into segment markets by type, application, and region, providing a holistic and insightful view of the Electric Taps Market.

Key Industry Development:

Jaguar introduced wall and deck mounted ‘Blush Sensor Faucets,’ a smart design that integrates quick-response and high-accuracy sensors right into the spout. It is specifically suitable for commercial bathroom spaces.

Kohler Co. launched its 1st ‘Tech Centre’ in Gujarat, India. The tech center displays industry-leading product designs. The company has invested nearly USD 200.0 million in India up till now.

Geographical Analysis:

The report examines the production, consumption, revenue, market share, and growth rate in the following regions:

  • North America
  • Europe
  • Asia-Pacific
  • South America
  • The Middle East and Africa

Segments Covered in the Report

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

Table of Contents:


  • Definition, by Segment
  • Research Methodology/approach
  • Data Sources
  • Key Takeaways
  • Market Share Dynamics
  • Macro and Micro Economic Indicators
  • Drivers, Restraints, Opportunities, and Trends
  • Impact of Covid-19
    • Short-Term Impact
    • Long-Term Impact
  • Competition Landscape 2028
  • Business Strategies Adopted by Key Players
  • Consolidated Swot Analysis of Key Players
  • Global Electric Taps Key Players Market Share Insights and Analysis, 2028
  • Key Market Share Insights and Strategic Recommendations
  • Companies Profiled (covered for Key 10 Players Only)
  • Overview
    • Key Management
    • Headquarters Etc.
  • Offerings/Business Segments
  • Key Details (subjected to Data Availability in The Public Domain And/or on Paid Databases)
    • Employee Size
    • Key Financials
      • Past and Current Revenue
      • Geographical Share
      • Business Segment Share
  • Recent Developments
  • Annexure / Appendix

Key Benefits of the Report:

  • Comprehensive market analysis, including industry drivers, restraints, opportunities, and recent trends.
  • Neutral perspective on market performance.
  • Detailed insights on key players, competitive landscapes, and growth strategies.
  • Potential and niche segments exhibiting promising growth.
  • Historical, current, and projected market sizes in terms of value.

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