Global Thermostatic Faucet Market Size & Outlook

The thermostatic faucet industry worldwide is expected to reach a projected revenue of US$ 11,594.6 million by 2028. A compound annual growth rate of 5.3% is expected of the worldwide thermostatic faucet industry from 2021 to 2028.
Revenue, 2020 (US$M)
$7,676.4
Forecast, 2028 (US$M)
$11,594.6
CAGR, 2021 - 2028
5.3%
Report Coverage
Worldwide

Global thermostatic faucet market highlights

  • The global thermostatic faucet market generated a revenue of USD 7,676.4 million in 2020 and is expected to reach USD 11,594.6 million by 2028.
  • The market is expected to grow at a CAGR (2021 - 2028) of 5.3% by 2028.
  • In terms of segment, single lever accounted for a revenue of USD 3,368.5 million in 2020.
  • Single Lever is the most lucrative product segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2020.
  • Country-wise, Brazil is expected to register the highest CAGR from 2021 to 2028.

Global data book summary

Market revenue in 2020USD 7,676.4 million
Market revenue in 2028USD 11,594.6 million
Growth rate5.3% (CAGR from 2020 to 2028)
Largest segmentSingle lever
Fastest growing segmentSingle Lever
Historical data covered2017 - 2019
Base year for estimation2020
Forecast period covered2021 - 2028
Quantitative unitsRevenue in USD million
Market segmentationSingle Lever, Two Handle

Other key industry trends

  • In terms of revenue, the North America accounted for 31.7% of the global thermostatic faucet market in 2020.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2028.
  • By country, Brazil is the fastest growing regional market and is projected to reach USD 717.4 million by 2028.

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Thermostatic Faucet Market Scope

Thermostatic faucet market segmentation & scope
Single Lever
Two Handle
Others
Residential
Commercial

Thermostatic Faucet Market Companies

Name Profile # Employees HQ Website

Global thermostatic faucet 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 thermostatic faucet market will help companies and investors design strategic landscapes.


Single lever was the largest segment with a revenue share of 43.88% in 2020. Horizon Databook has segmented the Global thermostatic faucet market based on single lever, two handle covering the revenue growth of each sub-segment from 2017 to 2028.


  • Global Thermostatic Faucet Product Outlook (Revenue, USD Million, 2017-2028)
    • Single Lever
    • Two Handle
    • Others
  • Global Thermostatic Faucet End Use Outlook (Revenue, USD Million, 2017-2028)
    • Residential
    • Commercial

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Horizon Databook provides a detailed overview of global-level data and insights on the Global thermostatic faucet market , including forecasts for subscribers. This global databook contains high-level insights into Global thermostatic faucet market from 2017 to 2028, including revenue numbers, major trends, and company profiles.

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Global thermostatic faucet market size, by regions, 2017-2028 (US$M)

Top 10 countries: Thermostatic faucet market size, 2020 (US$M)

Global thermostatic faucet market share, by product, 2020 & 2028 (%, US$M)

Thermostatic faucet market: Opportunity assessment by country

Global thermostatic faucet market, by region, 2020 (US$M)

Global thermostatic faucet market size, by regions, 2017-2028 (US$M)

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