The North America Thermostatic Faucet Market would witness market growth of 9% CAGR during the forecast period (2021-2027).
Various factors such as rising demand for technologically advanced faucets, shifting preferences of customers toward luxurious products, and developing residential sector are propelling the demand for thermostatic faucets in the market. In addition, the increasing utilization of these faucets in hospitals is also augmenting the growth of the market.
Additionally, rising disposable income levels and the upsurge in the activities of construction in the world are surging the growth of the thermostatic faucet market. As reported by Houzz Survey, numerous landlords in the U.S. are hiring professionals for their home enhancements and a few of them also hired construction managers for the same.
The advanced faucets available in the market by the key companies are highly utilized as they are hygienic and give aesthetic appeal. According to the World Health Organization (WHO), there is a shortage of conventional designs of the public toilet due to which there is an increase in the requirement for the thermostatic faucet in healthcare and hospitals settings.
North America is a developed region and the disposable income of customers in this region is very high due to which there is a huge demand for the thermostatic faucet in the market. The boost in the faucet market is attributed to the growing trend and awareness about the equipment that is safer to use for domestic purposes and also helps in conserving water. The constantly growing residential sector in this region is the major reason that is propelling the regional faucet market.
North America is currently the world’s largest regional economy and will remain the largest market for funding & commercializing advanced technologies. The adoption of advanced kitchen faucets is significantly rising intending to improve the interior and designing pattern of the kitchen. Additionally, people are choosing luxurious accessories for their washrooms due to which, there is augment in the demand for advanced faucets. Therefore, all these factors are pushing the market for thermostatic faucets in this region.
The USA market dominated the North America Single Lever Mixers Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $881.1 million by 2027. The Canada market is experiencing a CAGR of 8.6% during (2021 - 2027). Additionally, The Mexico market would witness a CAGR of 10.7% during (2021 - 2027).
Based on Product, the market is segmented into Two Handle Mixers, Single Lever Mixers and Other Products. Based on End User, the market is segmented into Residential and Commercial. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Thermostatic Faucet Market is Estimated to Reach USD 12.6 Billion by 2027 at a CAGR of 9.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Hangzhou Oulin Sanitary Ware Co., Ltd., Kohler Co., Roca Sanitario SA, Moen Incorporated (Fortune Brands), Masco Corporation, LIXIL Corporation, Geberit AG (Doughty Hanso), Reliance Worldwide Corporation Ltd., Cera Sanitaryware Ltd., and Jaquar Group
Scope of the Study
Market Segments Covered in the Report:
By Product
- Two Handle Mixers
- Single Lever Mixers
- Other Products
By End User
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Hangzhou Oulin Sanitary Ware Co., Ltd.
- Kohler Co.
- Roca Sanitario SA
- Moen Incorporated (Fortune Brands)
- Masco Corporation
- LIXIL Corporation
- Geberit AG (Doughty Hanso)
- Reliance Worldwide Corporation Ltd.
- Cera Sanitaryware Ltd
- Jaquar Group
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Thermostatic Faucet Market, by Product
1.4.2 North America Thermostatic Faucet Market, by End User
1.4.3 North America Thermostatic Faucet Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 COVID-19 impact
2.1.1.2 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. North America Thermostatic Faucet Market by Products
3.1 North America Two Handle Mixers Market by Country
3.2 North America Single Lever Mixers Market by Country
3.3 North America Other Products Market by Country
Chapter 4. North America Thermostatic Faucet Market by End User
4.1 North America Commerical Market by Country
4.2 North America Residential Market by Country
Chapter 5. North America Thermostatic Faucet Market by Country
5.1 USA Thermostatic Faucet Market
5.1.1 USA Thermostatic Faucet Market by Products
5.1.2 USA Thermostatic Faucet Market by End User
5.2 Canada Thermostatic Faucet Market
5.2.1 Canada Thermostatic Faucet Market by End Users
5.2.2 Canada Thermostatic Faucet Market by End User
5.3 Mexico Thermostatic Faucet Market
5.3.1 Mexico Thermostatic Faucet Market by End Users
5.3.2 Mexico Thermostatic Faucet Market by End User
5.4 Rest of North America Thermostatic Faucet Market
5.4.1 Rest of North America Thermostatic Faucet Market by End Users
5.4.2 Rest of North America Thermostatic Faucet Market by End User
Chapter 6. Company Profiles
6.1 Masco Corporation (Delta Faucet Company)
6.1.1 Company Overview
6.1.2 Financial Analysis
6.1.3 Segmental and Regional Analysis
6.2 LIXIL Group Corporation (Grohe AG)
6.2.1 Company Overview
6.2.2 Financial Analysis
6.2.3 Segmental and Regional Analysis
6.2.4 Research & Development Expense
6.2.5 Recent strategies and developments:
6.2.5.1 Product Launches and Product Expansions:
6.3 Cera Sanitaryware Limited
6.3.1 Company Overview
6.3.2 Financial Analysis
6.3.3 Research & Development Expenses
6.3.4 Recent strategies and developments:
6.3.4.1 Product Launches and Product Expansions:
6.4 Reliance Worldwide Corporation Ltd.
6.4.1 Company Overview
6.4.2 Financial Analysis
6.4.3 Regional Analysis
6.4.4 Recent strategies and developments:
6.4.4.1 Product Launches and Product Expansions:
6.5 Moen Incorporated (Fortune Brands)
6.5.1 Company Overview
6.5.2 Financial Analysis
6.5.3 Segmental and Regional Analysis
6.5.4 Research & Development Expenses
6.5.5 Recent strategies and developments:
6.5.5.1 Product Launches and Product Expansions:
6.5.5.2 Partnerships, Collaborations, and Agreements:
6.6 Geberit AG (Doughty Hanso )
6.6.1 Company Overview
6.6.2 Financial Analysis
6.6.3 Regional Analysis
6.6.4 Research & Development Expenses
6.7 Roca Sanitario, SA (Roca Corporacion Empresarial, SA)
6.7.1 Company Overview
6.7.2 Financial Analysis
6.7.3 Regional Analysis
6.7.4 Recent strategies and developments:
6.7.4.1 Acquisitions and Mergers:
6.8 Kohler Co.
6.8.1 Company Overview
6.9 Hangzhou Oulin Sanitary Ware Co., Ltd.
6.9.1 Company Overview
6.10. Jaquar Group
6.10.1 Company Overview
TABLE 1 North America Thermostatic Faucet Market, 2017 - 2020, USD Million
TABLE 2 North America Thermostatic Faucet Market, 2021 - 2027, USD Million
TABLE 3 North America Thermostatic Faucet Market by End Users, 2017 - 2020, USD Million
TABLE 4 North America Thermostatic Faucet Market by End Users, 2021 - 2027, USD Million
TABLE 5 North America Two Handle Mixers Market by Country, 2017 - 2020, USD Million
TABLE 6 North America Two Handle Mixers Market by Country, 2021 - 2027, USD Million
TABLE 7 North America Single Lever Mixers Market by Country, 2017 - 2020, USD Million
TABLE 8 North America Single Lever Mixers Market by Country, 2021 - 2027, USD Million
TABLE 9 North America Other Products Market by Country, 2017 - 2020, USD Million
TABLE 10 North America Other Products Market by Country, 2021 - 2027, USD Million
TABLE 11 North America Thermostatic Faucet Market by End User, 2017 - 2020, USD Million
TABLE 12 North America Thermostatic Faucet Market by End User, 2021 - 2027, USD Million
TABLE 13 North America Commerical Market by Country, 2017 - 2020, USD Million
TABLE 14 North America Commerical Market by Country, 2021 - 2027, USD Million
TABLE 15 North America Residential Market by Country, 2017 - 2020, USD Million
TABLE 16 North America Residential Market by Country, 2021 - 2027, USD Million
TABLE 17 North America Thermostatic Faucet Market by Country, 2017 - 2020, USD Million
TABLE 18 North America Thermostatic Faucet Market by Country, 2021 - 2027, USD Million
TABLE 19 USA Thermostatic Faucet Market, 2017 - 2020, USD Million
TABLE 20 USA Thermostatic Faucet Market, 2021 - 2027, USD Million
TABLE 21 USA Thermostatic Faucet Market by Products, 2017 - 2020, USD Million
TABLE 22 USA Thermostatic Faucet Market by Products, 2021 - 2027, USD Million
TABLE 23 USA Thermostatic Faucet Market by End User, 2017 - 2020, USD Million
TABLE 24 USA Thermostatic Faucet Market by End User, 2021 - 2027, USD Million
TABLE 25 Canada Thermostatic Faucet Market, 2017 - 2020, USD Million
TABLE 26 Canada Thermostatic Faucet Market, 2021 - 2027, USD Million
TABLE 27 Canada Thermostatic Faucet Market by End Users, 2017 - 2020, USD Million
TABLE 28 Canada Thermostatic Faucet Market by End Users, 2021 - 2027, USD Million
TABLE 29 Canada Thermostatic Faucet Market by End User, 2017 - 2020, USD Million
TABLE 30 Canada Thermostatic Faucet Market by End User, 2021 - 2027, USD Million
TABLE 31 Mexico Thermostatic Faucet Market, 2017 - 2020, USD Million
TABLE 32 Mexico Thermostatic Faucet Market, 2021 - 2027, USD Million
TABLE 33 Mexico Thermostatic Faucet Market by End Users, 2017 - 2020, USD Million
TABLE 34 Mexico Thermostatic Faucet Market by End Users, 2021 - 2027, USD Million
TABLE 35 Mexico Thermostatic Faucet Market by End User, 2017 - 2020, USD Million
TABLE 36 Mexico Thermostatic Faucet Market by End User, 2021 - 2027, USD Million
TABLE 37 Rest of North America Thermostatic Faucet Market, 2017 - 2020, USD Million
TABLE 38 Rest of North America Thermostatic Faucet Market, 2021 - 2027, USD Million
TABLE 39 Rest of North America Thermostatic Faucet Market by End Users, 2017 - 2020, USD Million
TABLE 40 Rest of North America Thermostatic Faucet Market by End Users, 2021 - 2027, USD Million
TABLE 41 Rest of North America Thermostatic Faucet Market by End User, 2017 - 2020, USD Million
TABLE 42 Rest of North America Thermostatic Faucet Market by End User, 2021 - 2027, USD Million
TABLE 43 Key Information – Masco Corporation
TABLE 44 Key Information –LIXIL Group Corporation
TABLE 45 Key Information – Cera Sanitaryware Limited
TABLE 46 Key Information – Reliance Worldwide Corporation Ltd.
TABLE 47 Key Information – Moen Incorporated
TABLE 48 Key Information – Geberit AG-Doughty Hanso
TABLE 49 Key Information – Roca Sanitario, SA
TABLE 50 Key information – Kohler Co.
TABLE 51 Key Information – Hangzhou Oulin Sanitary Ware Co., Ltd.
TABLE 52 Key Information – Jaquar Group
List of Figures
FIG 1 Methodology for the research
FIG 2 Recent strategies and developments: Moen Incorporated