Global Foot Operated Faucet Market to reach USD XX billion by 2027.Global Foot Operated Faucet Market is valued approximately USD XX billion in 2020 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2021-2027. A Foot Operated Faucet is an equipment which is a foot pedal valve a small but very useful accessory that allows you to turn the water on and off and control the volume of water released with a foot lever. The increasing investments by key market player in the market is driving the growth for the foot operated faucet market. For instance, in 2020, Jaguar, one of the leading faucets manufacturers in India, announced the opening of two new factories in India with a CAPEX of USD 2 Billion. With an increasing level of pollutions, in the world there is a need to clean the air polluted. This in turn leads to an increase in the demand for the foot operated faucet, worldwide. According to the World Health Organization (WHO), roughly 7 million people die early each year as a result of outside and interior polluted air, with 3.8 million dying as a result of indoor air pollution. Also, with the increasing urbanization the adoption & demand for Foot Operated Faucet is likely to increase the market growth during the forecast period. However, additional maintenance and other heavy expense and costs to be incurred in maintenance is relatively high which restrains the market growth for the foot operated faucet market in the forecasted period 2021-2027.
The key regions considered for the global Foot Operated Faucet market study includes Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world in terms of market share owing to the advanced technology and product advancement. Whereas, Asia-Pacific is anticipated to exhibit highest growth rate over the forecast period 2021-2027. Factors such as rising urbanization and product innovation in the region.
Major market player included in this report are:
Danze Inc.
Fortune Brands Home & Security, Inc.
Franke Holding AG
LIXIL Corporation
Masco Corporation
Spritzon
Kohler Co.
Sloan Valve Company
Paini (UK) Ltd
Fortune Brands Home & Security, Inc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product Type:
Electronic
Manual
By Application:
Kitchen
Bathroom
Others
By Material Type:
Metal
Plastics
By End-Use:
Residential
Commercial
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027
Target Audience of the Global Foot Operated Faucet Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
