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The faucet market size is forecast to increase by USD 15.58 billion at a CAGR of 9.03% between 2023 and 2028. The emergence of air-induced spray technology is an emerging trend shaping market growth. The air-induced spray technology is advanced. It is used to atomize water. During regular flow, a large amount of water bounces back from the hands, and some water directly flows into the drain. This can be reduced with the atomization technique, which makes the maximum use of water dispensed by the tap. The atomization process breaks the water into tiny droplets of water, creating a mist of high-speed water. This increases the surface area of water dispensed, and the altered nozzle could save water up to 98%. Additionally, the integration of sensors and voice-activated controls in smart homes is revolutionizing the way people interact with their bathroom hardware such as bathroom sinks and kitchens, including residential faucets. Retailers are investing in home automation systems to provide customers with enhanced convenience and efficiency.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Technology
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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