Christy Publications Sensor-Faucet-Market | Page 3

billion, which increased from US$ 2.27 billion in 2016. Therefore, all these factor are expected to drive growth of the market in Asia Pacific. Global Sensor Faucet Market: Competitive Landscape The global sensor faucet market is highly fragmented due to the presence of several established and regional players. Major players operating in the global sensor faucet market include, LIXIL Group Corporation, Masco Corporation, Moen Incorporated, Jaquar, Kohler Corporation, Oras Limited, Pfister, Gessi S.p.A., Delta Faucet, Inc., and Roca Sanitario, S.A. Key players are focused on adopting product development strategies in order to increase their share in the market. For instance, in May 2018, the Moen launched Essie pull down kitchen faucet. These faucets are equipped with touchless sensor that allow flow of water only after detecting the hand near faucet. Global Sensor Faucet Market: Taxonomy On the basis of product type:  Alternating Current Sensor Faucet  Direct Current Sensor Faucet On the basis of technology:  Touch-On  Touch-Off On the basis of application:  Commercial  Residential On the basis of region:  North America  Europe  Asia Pacific  Latin America