Press release
The US Automatic Faucets Market is Set to Reach $1.91 Billion by 2029, Rising Popularity of Wall-Mounted Automated Faucets Opens Up Lucrative Market Opportunities - Arizton
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Report Summary
Market Size (2029): $1.91 Billion
Market Size (2023): $1.32 Billion
CAGR (2023-2029): 6.34%
Historic Year: 2020-2022
Base Year: 2023
Forecast Year: 2024-2029
Market Segmentation: Product, Energy, End-User, and Distribution Channel
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The U.S. automatic faucets market is expanding due to advancements in sensor technology, increasing demand for hands-free and hybrid-powered faucets, and a focus on water conservation. Wall-mounted models are gaining popularity for their clean aesthetics and space-saving benefits, while counter-mounted faucets dominate due to affordability and ease of installation. Rising concerns over hygiene and smart building trends further drive growth. Major players like FontanaShowers, Kohler, and Moen lead the market, with a growing presence of hybrid-powered faucets for their cost efficiency. The hospitality industry and public institutions are key contributors to this market's growth.
Key Development
In 2022, Moen launched a campaign for its new product in the smart faucet category, with touchless features. Moen Smart Faucet technology is extremely helpful in day-to-day interactions in the kitchen, which is completely touch-free and convenient. It offers precise control of temperature and volume to consumers. It features of smart faucet that includes a wave sensor, voice activation, and control through mobile app. Consumers can easily control the smart faucet through Amazon Alexa or Google Assistant. It allow them to precisely dispense water with temperature or volume.
Growing Popularity of Wall-Mounted Automated Faucets
The U.S. market is experiencing a significant surge in the popularity of wall-mounted automatic faucets, driven by their clean aesthetics, hygiene benefits, and space-saving features. These faucets contribute to a streamlined and modern appearance on vanities and sinks, aligning well with minimalist bathroom designs. They also enhance hygiene by reducing areas where bacteria and germs can accumulate, which is particularly valuable in high-traffic commercial spaces such as healthcare facilities, educational institutions, and hospitality venues. Additionally, wall-mounted faucets free up counter space around the sink, making them ideal for smaller bathrooms and maximizing usable surface area. Their sleek design appeals to residential consumers, especially in modern homes and high-demand areas like guest rooms and master bathrooms. As consumer expectations for hygiene increase, particularly in the hospitality industry, manufacturers are targeting these end-users to meet rising demand. This focus is expected to drive continued growth in the market for automatic faucets in the U.S. during the forecast period.
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Key Vendors
*
FontanaShowers
*
Kohler
*
Lixil Group
*
Masco Corporation
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Moen Incorporated
*
Newell Brands
*
Sloan Valve Company
*
Stern Engineering Ltd.
*
TOTO
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Zurn Water, LLC.
*
ASSA ABLOY
*
Bobrick Washroom Equipment Inc.
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Brizo Kitchen & Bath Company
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Bradley Company, LLC
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Euronics Industries Pvt Ltd
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Kraus
*
Speakman
*
Symmons Inc.
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Dornbracht
*
Electronic Faucet
*
Hokwang Industries Co., Ltd.
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MAC Faucets, LLC
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MIS ELECTRONICS
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The Chicago Faucet Company
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The Splash Lab
Segmentation & Forecast
Product
oCounter Mounted
oWall Mounted
Energy
oDC
oAC
End-User
oCommercial
oHospitality
oResidential
oHealthcare
oCorporate Space
oEducation
oGovernment & Defense
oIndustrial
oOthers
Distribution Channel
oOffline
oOnline
Key Questions Answered in the Report:
What are the key trends in the U.S. automatic faucets market?
How big is the U.S. automatic faucets market?
What is the growth rate of the U.S. automatic faucets market?
Who are the major players in the U.S. automatic faucets market?
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About Us:
Arizton Advisory and Intelligence is an innovative and quality-driven firm that offers cutting-edge research solutions to clients worldwide. We excel in providing comprehensive market intelligence reports and advisory and consulting services.
We offer comprehensive market research reports on consumer goods & retail technology, automotive and mobility, smart tech, healthcare, life sciences, industrial machinery, chemicals, materials, I.T. and media, logistics, and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts.
Arizton comprises a team of exuberant and well-experienced analysts who have mastered generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.
Media Contact
Company Name: Arizton Advisory & Intelligence
Contact Person: Jessica
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=the-us-automatic-faucets-market-is-set-to-reach-191-billion-by-2029-rising-popularity-of-wallmounted-automated-faucets-opens-up-lucrative-market-opportunities-arizton]
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Website: https://www.arizton.com/market-reports/us-automatic-faucets-market
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