Press release
Sensor Faucet Market: Set To Encounter Paramount Growth By 2027
Sensor Faucet is a faucet laced with a proximity sensor and mechanism that enables its valve to open and close in response to the presence of a hand or hands in close proximity. Sensor faucet is used in public washrooms, airports, hotels, and other places. The proximity sensor in the faucet allows water to flow after detecting the presence of hand near the faucet.The Major Key companies Are: LIXIL Group Corporation, Masco Corporation, Moen Incorporated, Jaquar, Kohler Corporation, Oras Limited, Pfister, Gessi S.p.A., Delta Faucet, Inc., and Roca Sanitario, S.A.
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Taxonomy:
On the basis of product type:
-Alternating Current Sensor Faucet
-Direct Current Sensor Faucet
On the basis of technology:
-Touch-On
-Touch-Off
On the basis of application:
-Commercial
-Residential
On the basis of region:
-North America
-Europe
-Asia Pacific
-Latin America
-Middle East
-Africa
Regional Insights:
The market for sensor faucet in Asia Pacific is expected to witness significant growth with highest CAGR over the forecast period. This is owing to increasing development of smart city and government initiatives for smart city projects in emerging economies such as India and China. For instance, in 2015, Government of India launched '100 Smart Cities Mission', which is expected to further increase construction of smart buildings.
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About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
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