Pre & Post COVID-19 Market Estimates- Residential Digital Faucets Market 2019-2023 | Demand of Smart Bathrooms to Boost Growth | Technavio

LONDON–(BUSINESS WIRE)–Technavio has been monitoring the residential digital faucets market and it is poised to grow by USD 2.81 billion during 2019-2023, progressing at a CAGR of over 10% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Latest Free Sample Report on COVID-19 Impact

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. CERA Sanitaryware Ltd., LIXIL Group Corp., Masco Corp., Oras Ltd., and TOTO Ltd. are some of the major market participants. The demand of smart bathrooms will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Demand of smart bathrooms has been instrumental in driving the growth of the market.

Residential Digital Faucets Market 2019-2023: Segmentation

Residential digital faucets market is segmented as below:

• Application
  • Residential Digital Bathroom Faucets
  • Residential Digital Kitchen Faucets
• Distribution Channel
  • Offline Distribution Channel
  • Online Distribution Channel
• Mode of Operation
  • Automated Residential Digital Faucets
  • Manual Residential Digital Faucets
• Geographic Landscape
  • APAC
  • Europe
  • MEA
  • North America
  • South America

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Residential Digital Faucets Market 2019-2023: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our residential digital faucets market report covers the following areas:

• Residential Digital Faucets Market Size
• Residential Digital Faucets Market Trends
• Residential Digital Faucets Market Industry Analysis

This study identifies increasing consumer expenditure on bathroom and kitchen remodeling as one of the prime reasons driving the residential digital faucets market growth during the next few years.

Residential Digital Faucets Market 2019-2023: Vendor Analysis

We provide a detailed analysis of vendors operating in the residential digital faucets market, including some of the vendors such as CERA Sanitaryware Ltd., LIXIL Group Corp., Masco Corp., Oras Ltd., and TOTO Ltd. Backed with competitive intelligence and benchmarking, our research reports on the residential digital faucets market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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Residential Digital Faucets Market 2019-2023: Key Highlights

• CAGR of the market during the forecast period 2019-2023
• Detailed information on factors that will assist residential digital faucets market growth during the next five years
• Estimation of the residential digital faucets market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the residential digital faucets market
• Analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of residential digital faucets market vendors

Table Of Contents:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

• 2.1 Preface
• 2.2 Preface
• 2.3 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

• Market ecosystem
• Market characteristics
• Market segmentation analysis

PART 04: MARKET SIZING

• Market definition
• Market sizing 2018
• Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

PART 06: MARKET SEGMENTATION BY APPLICATION

• Application segmentation
• Residential digital bathroom faucets – Market size 2018
• Residential digital kitchen faucets – Market size 2018

PART 07: CUSTOMER LANDSCAPE

PART 08: MARKET SEGMENTATION BY DISTRIBUTION CHANNEL

• Distribution channel segmentation
• Offline distribution channel – Market size 2018
• Online distribution channel – Market size 2018

PART 09: GEOGRAPHIC LANDSCAPE

• Geographic segmentation
• Geographic comparison
• North America – Market size and forecast 2018-2023
• Europe – Market size and forecast 2018-2023
• APAC – Market size and forecast 2018-2023
• MEA – Market size and forecast 2018-2023
• South America – Market size and forecast 2018-2023
• Key leading countries
• Market opportunity

PART 10: MARKET SEGMENTATION BY MODE OF OPERATION

• Market segmentation by mode of operation
• Comparison by mode of operation
• Automated residential digital faucets – Market size and forecast 2018-2023
• Manual residential digital faucets – Market size and forecast 2018-2023
• Market opportunity by mode of operation

PART 11: DECISION FRAMEWORK

PART 12: DRIVERS AND CHALLENGES

• Market drivers
• Market challenges

PART 13: MARKET TRENDS

• Strong distribution network between manufacturers and retailers
• New product innovations
• Growing popularity of smart bathrooms

PART 14: VENDOR LANDSCAPE

• Overview
• Landscape disruption
• Competitive scenario

PART 15: VENDOR ANALYSIS

• Vendors covered
• Vendor classification
• Market positioning of vendors
• CERA Sanitaryware Ltd.
• LIXIL Group Corp.
• Masco Corp.
• Oras Ltd.
• TOTO Ltd.

PART 16: APPENDIX

• Research methodology
• List of abbreviations
• Definition of market positioning of vendors

PART 17: EXPLORE TECHNAVIO

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