The global smart faucets market size is estimated to reach USD 6.37 billion by 2030, registering a CAGR of 9.1% from 2025 to 2030, according to a new report by Grand View Research, Inc. Rising spending on smart home technology on account of increasing living standards and luxury among middle-class household population is expected to be a key factor for the market growth. Moreover,...

The global smart faucets market is poised for robust growth, expanding from a valuation of US$ 440.9 million in 2023 to an anticipated US$ 836.2 million by 2034, registering a compound annual growth rate (CAGR) of 6.0% between 2024 and 2034. This upward trajectory is largely attributed to increased consumer demand for contactless solutions, heightened awareness of hand hygiene, and ongoing...