Press release
Electric Taps Market Trends, Top Companies, Segments and Forecast by 2027
Electric Taps Market
The global electric taps market size was valued at $310.0 million in 2019, and is expected to reach $631.0 million by 2027, registering a CAGR of 12.0% from 2020 to 2027
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Top Companies
Cera Sanitaryware Limited, Fortune Brands Home & Security, Inc. (Moen), Jaquar, Kohler Co., LIXIL Group Corporation, Masco Corporation (Delta Faucet Company), Taizhou Hengyida Plastic Plumbing Factory (Zhenhao), TOTO Ltd., Wenzhou Bomei Sanitary Ware Co., Ltd. and Xiaomi Corporation
Further, instant heating taps are similar to water heating geyser that cannot store water in its tank; however the application of heating the water and basic working principle is similar. The coil inside the heater instantly heats the water flowing through the tap to the preset temperature. The instant water heating taps have provision to change the temperature of the water at which it is to be heated.
One such innovation that has been gaining traction is the electric tap. These modern faucets are reshaping the traditional concept of water delivery in homes, commercial spaces, and even public places. With a combination of efficiency, hygiene, and convenience, the electric taps market is rapidly expanding, offering a glimpse into the future of water management.
Electric taps, also known as touchless or sensor faucets, are designed to provide a touch-free water delivery system. They operate by using infrared sensors that detect the presence of hands or objects beneath the tap. This technology has gained immense popularity due to its hygienic advantages and water-saving capabilities. Water scarcity is a growing global concern. Electric taps come equipped with flow sensors, reducing water wastage by shutting off the flow when not in use, leading to significant water savings over time.
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Many electric taps are designed to be energy-efficient, utilizing low-power sensors and components. This aligns with the increasing demand for eco-friendly products. Electric taps are especially convenient for people with limited mobility, such as the elderly and individuals with disabilities. The touchless operation makes water access easier and more accessible to all. In commercial spaces, electric taps are becoming the norm, especially in public restrooms, restaurants, and hotels. They offer businesses a way to enhance hygiene and customer experience.
The touchless taps help in water conservation by letting the water flow only when needed. On the other hand, instant water heating taps save energy by only heating the water that is actually required unlike that of heating the entire water that is stored in geyser tank. In addition, these products enhance the aesthetics of the bathrooms and kitchens with their superior designs.
Electric taps have emerged as a symbol of modernity, efficiency, and hygiene in the water management industry. Their adoption is driven by a combination of consumer demand for convenience and the need for sustainable water use. As technology continues to advance, the electric taps market is expected to grow and evolve, reshaping our relationship with water in both residential and commercial settings.
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