Electric Taps Market is Expected to grow at a robust CAGR of 11.59% through 2030F
The
increasing global electric taps market is driven by rising demand for touchless
and sensor-based electric taps, integration of smart technologies and
IoT-Enabled Electric Taps during the forecast period 2026-2030F.
According
to TechSci Research report, “Electric
Taps Market – Global Industry Size, Share, Trends, Competition Forecast
& Opportunities, 2030F”, The Global Electric Taps Market was valued at
USD 666.58 Million in 2024 and is expected to reach USD 1,298.66 Million by
2030 with a CAGR of 11.59% during the forecast period. The global electric taps
market is witnessing a significant shift toward touchless and sensor-based
taps, driven by increasing concerns over hygiene and water conservation. The
COVID-19 pandemic has played a major role in accelerating the adoption of contactless
solutions in both commercial and residential settings. Public places such as
airports, shopping malls, corporate offices, hospitals, and hotels are
increasingly deploying infrared sensor-based taps to minimize the risk of germ
transmission. These taps activate water flow only when needed, significantly
reducing water wastage compared to traditional taps.
Several
governments and regulatory bodies are encouraging water-efficient and smart
technologies to address water scarcity issues. The Environmental Protection
Agency (EPA) in the U.S. and similar agencies in Europe and Asia have
introduced strict regulations promoting water-saving fixtures, further driving
market growth. Additionally, smart home integration is making sensor-based
electric taps more popular in households, with consumers seeking hands-free,
aesthetically appealing, and tech-driven solutions for kitchens and bathrooms.
Companies
such as Kohler, TOTO Ltd., and Grohe have been at the forefront of sensor-based
electric tap innovations. Their latest product lines incorporate Wi-Fi and
Bluetooth-enabled connectivity, adjustable water temperature settings, and
AI-powered flow monitoring systems. As consumers become more aware of the
benefits of touchless technology, manufacturers are expanding their product
offerings to include customizable sensor ranges, voice-controlled taps, and
self-cleaning mechanisms. With the rising emphasis on public hygiene,
sustainable water usage, and smart home automation, the demand for touchless
and sensor-based electric taps is expected to continue growing. The future will
likely see increased adoption of AI-driven adaptive sensor taps, which can
adjust water flow based on user behavior, ensuring further efficiency and
convenience.
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Global Electric Taps Market"
Based
on product type, Instant Heating Electric Taps is the fastest growing segment
in the global Electric Taps market during the forecast period, due to its energy
efficiency, convenience, and increasing demand for smart home solutions. These
taps provide hot water instantly, eliminating the need for traditional water
heating systems and reducing energy consumption. Their rapid adoption is being
driven by urbanization, rising disposable incomes, and growing environmental
concerns. One of the key drivers of this segment’s growth is the increasing
preference for energy-efficient appliances. Instant heating electric taps
consume significantly less energy compared to traditional water heaters, as
they heat water only when needed rather than continuously maintaining a heated
water supply. This not only lowers electricity costs but also reduces carbon
footprints, aligning with global sustainability goals. As governments across
regions enforce stringent energy regulations, consumers and businesses are
shifting towards eco-friendly alternatives, further boosting demand.
The
growing adoption of smart home technology also plays a crucial role in this
segment’s expansion. Instant heating electric taps often come equipped with touchless
operation, digital temperature control, and IoT connectivity, allowing users to
customize their water heating experience. With rising consumer awareness and
preference for automation, smart electric taps are becoming an integral part of
modern kitchens and bathrooms. In addition, the hospitality and commercial
sectors are embracing instant heating electric taps for cost-effectiveness and
improved hygiene. Hotels, restaurants, and offices prioritize energy-efficient
solutions that provide on-demand hot water while reducing water wastage. The healthcare
sector is also adopting these taps to enhance sanitation standards. With
technological advancements, declining prices, and increasing availability, instant
heating electric taps are set to dominate the market, making them the fastest-growing
segment in the coming years.
Based
on region, Asia Pacific is the fastest growing region in the Global Electric
Taps Market during the forecast period due to rapid urbanization, rising
disposable incomes, and increasing adoption of smart home technologies.
Countries such as China, India, Japan, and South Korea are witnessing a
significant surge in demand for energy-efficient and smart water fixtures,
driving the market forward.
One
of the primary factors contributing to this growth is the expansion of
residential and commercial infrastructure. With rising urban populations and increased
government investments in smart city projects, the demand for modern plumbing
solutions has surged. In China alone, urbanization has crossed 65% in 2024,
leading to higher adoption of smart appliances, including electric taps.
Similarly, India’s residential and hospitality sectors are experiencing rapid
expansion, boosting the need for automated and touchless water fixtures.
The
rise of eco-conscious consumers in the region is another significant growth
driver. Governments are promoting water conservation and energy-efficient
appliances through subsidies and regulations. In Japan and South Korea, where
sustainability initiatives are strong, electric taps with instant heating and
water-saving features are gaining widespread adoption. Moreover, smart homes
are expected to make up 30-40% of new housing projects in major Asia Pacific
economies, further driving demand for smart electric taps.
The
hospitality and commercial sectors are also fueling market growth. Hotels,
office spaces, and shopping malls are upgrading restroom facilities to
incorporate sensor-based electric taps, reducing water wastage and improving
hygiene. With the increasing preference for touchless technology in the
post-pandemic era, demand for these products has surged. Additionally, the presence
of leading manufacturers and low production costs in Asia Pacific make the
region a hub for innovation and mass production of electric taps. As consumer
preferences shift toward high-tech, energy-efficient solutions, the region’s
growth trajectory remains strong.
Key
market players in the Global Electric Taps market are:
-
- LIXIL
Corporation
- Masco
Corporation
- Kohler
Co.
- Jaquar
- Cera
Sanitaryware Limited
- TOTO
Ltd.
- Wenzhou
Bomei Sanitary Ware Co., Ltd.
- Havells
India Ltd.
- Fortune
Brands Home & Security, Inc.
- Euronics
Industries Pvt Ltd.
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“The
global electric taps market presents significant opportunities driven by rising
smart home adoption, increasing water conservation initiatives, and growing
demand for energy-efficient solutions. The surge in commercial and residential
construction worldwide is boosting the adoption of touchless and instant
heating electric taps, particularly in hotels, offices, and public spaces.
Additionally, advancements in IoT-enabled smart faucets and sensor-based
water-saving technologies are creating new market prospects. Emerging economies
in Asia Pacific and the Middle East are witnessing rapid urbanization, further
fueling demand. Moreover, government incentives promoting sustainable water
usage are encouraging investments in innovative electric tap solutions,
fostering market growth.Top of Form”
said Mr. Karan Chechi, Research Director of TechSci Research, a research-based Global
management consulting firm.
“Electric Taps Market - Global Industry Size,
Share, Trends, Opportunity, and Forecast, Segmented By Product Type (Instant
Heating Electric Taps, Ordinary Electric Taps), By Mounting Type (Wall-Mounted
Electric Taps, Deck-Mounted Electric Taps), By End-User (Residential,
Commercial, Industrial), By Material Type (Stainless Steel Electric Taps, Brass
Electric Taps, Plastic Electric Taps, Others), By Distribution Channel (Online
Retail, Offline Retail), By Region, and By Competition, 2020-2030F,” has evaluated the future growth
potential of Global Electric Taps Market and provides statistics &
information on market size, structure, and future market growth. The report
intends to provide cutting-edge market intelligence and help decision makers
take sound investment decisions. Besides the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities in Global Electric Taps Market.
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