India Smart Faucets Market Size & Outlook, 2022-2030
The smart faucets market in India is expected to reach a projected revenue of US$ 236.2 million by 2030. A compound annual growth rate of 15.2% is expected of India smart faucets market from 2023 to 2030.
Revenue, 2022 (US$M)
$76.2
Forecast, 2030 (US$M)
$236.2
CAGR, 2023 - 2030
15.2%
Report Coverage
India
India smart faucets market, 2018-2030 (US$M)
Related Markets
India smart faucets market highlights
- The India smart faucets market generated a revenue of USD 76.2 million in 2022 and is expected to reach USD 236.2 million by 2030.
- The India market is expected to grow at a CAGR of 15.2% from 2023 to 2030.
- In terms of segment, offline was the largest revenue generating distribution channel in 2022.
- Online is the most lucrative distribution channel segment registering the fastest growth during the forecast period.
Smart faucets market data book summary
| Market revenue in 2022 | USD 76.2 million |
| Market revenue in 2030 | USD 236.2 million |
| Growth rate | 15.2% (CAGR from 2022 to 2030) |
| Largest segment | Offline |
| Fastest growing segment | Online |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Offline, Online |
| Key market players worldwide | Kohler, LIXIL Corp, CERA Sanitaryware, Masco Corp, Villeroy & Boch AG Vorz-Inhaber-Akt stimmrechtslos, Roca Sanitaryware |
Other key industry trends
- In terms of revenue, India accounted for 4.3% of the global smart faucets market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China smart faucets market is projected to lead the regional market in terms of revenue in 2030.
- South Korea is the fastest growing regional market in Asia Pacific and is projected to reach USD 60.3 million by 2030.
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Smart Faucets Market Scope
Smart faucets market segmentation & scope
Smart Faucets Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
India smart faucets market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to smart faucets market will help companies and investors design strategic landscapes.
Offline was the largest segment with a revenue share of 77.82% in 2022. Horizon Databook has segmented the India smart faucets market based on offline, online covering the revenue growth of each sub-segment from 2018 to 2030.
- India Smart Faucets Distribution Channel Outlook (Revenue, USD Million, 2018-2030)
- Offline
- Online
- India Smart Faucets Application Outlook (Revenue, USD Million, 2018-2030)
- Residential
- Commercial
- Hotels & Restaurants
- Gyms
- Spa & Wellness Centers
- Others
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Horizon Databook provides a detailed overview of country-level data and insights on the India smart faucets market , including forecasts for subscribers. This country databook contains high-level insights into India smart faucets market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
India smart faucets market size, by distribution channel, 2018-2030 (US$M)
India Smart Faucets Market Outlook Share, 2022 & 2030 (US$M)
Related regional statistics
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