Forecast of Global Residential Sensor Faucet in Retail Market 2023

Global Residential Sensor Faucet in Retail market will register a 2.9% CAGR in terms of revenue, reach US$ 78 million by 2023, from US$ 66 million in 2017. Sensor faucet is a faucet with a hands-free mechanism for opening and closing its valve. The use of such faucets is mainly used in public washrooms where they are an important tool for conserving water and mitigating the spread of germs. Residential sensor faucet has been found used widely in kitchen and bathrooms.