The global Electronic Faucets market was 4500 million US$ in 2018 and is expected to 6700 million US$ by the end of 2025, growing at a CAGR of 5.1% between 2019 and 2025.
Los Angeles, CA -- (SBWIRE) -- 04/29/2019 -- Electronic Faucets is a faucet with a hands-free mechanism for opening and closing its valve.
This report covers the touchless electronic faucets and touched electronic faucets.
Direct marketing is about making direct contact with existing and potential customers to promote the products or services. Direct marketing can be cost effective and extremely powerful at generating sales, so it is ideal for small businesses.
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Direct marketing allows you to generate a response from targeted customers. As a result, small businesses can focus their limited marketing resources where they are most likely to get results.
A direct marketing campaign with a clear call to action can help you boost your sales to existing customers, increase customer loyalty, recapture old customers and generate new business.
In the Electronic Faucets industry, direct marking only occupies a small share.
Indirect marketing is where there is no direct communication to end consumers by companies. It is treated as the next step for establishing brand recognition and awareness. Manufacturers use indirect marketing when selling through wholesalers and other channels.
As opposed to the direct marketing technique, the indirect marketing strategy focuses on channels where there is no direct communication with customers by the companies. Therefore, it is mainly used to retain customer, increase customer's loyalty, and develop more business.
Unlike direct marketing, in case of indirect marketing there are no possibilities of feedback or two way communication. The response of indirect marketing is difficult to be measured.
A big disadvantage of indirect marketing is in the high costs of applying this strategy. The high costs can be incurred for publicizing the brand, or the costs for hiring the right people with the relevant skills and capacities for providing good content marketing. At the end, these high costs might not generate the anticipated number of customers in the future.
In the Electronic Faucets industry, indirect marking only occupies most shares.
In the future, the Indirect Marketing will still be the main marketing channel. Indirect Marketing will still occupy most shares in the Electronic Faucets industry.
This report studies the Electronic Faucets market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include:
LIXIL Water Technology
Advanced Modern Technologies
Fuzhou Sanxie Electron
YOCOSS Electronic Equipment
Fuzhou GIBO Induction Satinary Ware
By the product type, the market is primarily split into:
Touchless Electronic Faucets
Touched Electronic Faucets
By the end users/application, this report covers the following segments:
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