Product Code: TIPRE00039266
The thermostatic mixers market is projected to reach US$ 5.79 billion by 2031 from US$ 4.01 billion in 2023; the market is expected to register a CAGR of 4.7% during 2023-2031.
The global thermostatic mixers market is segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and South America. Europe held the largest market share of 42.3% in 2023 and is projected to maintain its dominance during the forecast period. This can be attributed to the rise in demand for water and energy conservation technology or products, government initiatives toward sustainable or smart products in residential and commercial premises, and a rise in awareness of water temperature and flow control for personal safety during bathing applications. North America was the second-largest region in the thermostatic mixers market; it accounted for 35.3% of the total market share in 2023 and is expected to register a CAGR of 4.1% from 2023 to 2031. The market growth in North America can be attributed to the rise in awareness of safety from water temperature variations to avoid accidents during bathing. In addition, government initiatives to conserve water and energy are further anticipated to propel the demand for thermostatic mixers during the forecast period.
Asia Pacific, the Middle East & Africa, and South America also contribute to the growth of the thermostatic mixers market owing to the rise in residential and commercial projects across these regions. In addition, an increase in government initiatives toward financing or investment in housing projects to fulfill the demand for affordable houses across the regions is further projected to propel the market growth during the forecast period. Moreover, the growth of the tourism industry in economies in Asia Pacific and the Middle East, such as India, Indonesia, Thailand, Singapore, Saudi Arabia, and the UAE, is projected to drive the demand for thermostatic mixers at resorts, hotels, airport bathrooms, and other commercial spaces, thereby boosting the thermostatic mixers market growth from 2023 to 2031.
Further, the demand for wall mounted mixers is one of the major factors supporting the thermostatic mixers market growth across different regions. The wall-mounted thermostatic mixer is another mounting type installation that offers safety and maximum comfort to residential and commercial washrooms. The wall-mounted thermostatic mixer offers thermostatic temperature control in the bathtub filling and shower applications. The wall-mounted thermostatic mixer offers benefits such as a unique aesthetic and space-saving design, easy maintenance, etc. A thermostatic mixer helps maintain the water supply in the event of pressure fluctuations while ensuring constant temperature. Thus, the benefits associated with wall-mount thermostatic mixers and a rise in residential construction activities across developing economies are expected to bolster the market growth in the coming years.
The global thermostatic mixers market is segmented into mounting type, application, design type, and region. Based on mounting type, the global thermostatic mixers market is divided into deck mount and wall mount. Based on application, the market is bifurcated into residential and commercial. Based on design type, the market is divided into concealed and exposed.
Based on design type, the exposed segment is growing at a rapid pace with the increasing demand for exposed thermostatic mixers in the residential applications due to their lesser cost of product and their installations. This is owing to the benefits associated with exposed thermostatic mixers, such as classic design, easy installation, easy maintenance and repair, affordability, and aesthetic appeal. Moreover, the rising use of smart appliances in residential and commercial bathroom applications is anticipated to propel the demand for thermostatic mixers, which, in turn, is projected to boost the market growth from 2023 to 2031. Also, the growth of the hospitality industry across the globe is likely to boost the demand for thermostatic mixers during the forecast period.
Based on application, commercial segment accounted for the largest market share in 2023. Thermostatic mixers are increasingly used in hotels, hospitals, public bathrooms, barber shops, etc. The thermostatic mixers market is witnessing significant growth owing to the rise in demand for temperature-controlled water systems in residential and commercial applications across the globe.
Table Of Contents
1. Introduction
- 1.1 The Insight Partners Research Report Guidance
- 1.2 Market Segmentation
2. Executive Summary
- 2.1 Key Insights
- 2.2 Market Attractiveness
3. Research Methodology
- 3.1 Secondary Research
- 3.2 Primary Research
- 3.2.1 Hypothesis formulation:
- 3.2.2 Macro-economic factor analysis:
- 3.2.3 Developing base number:
- 3.2.4 Data Triangulation:
- 3.2.5 Country level data:
4. Thermostatic Mixers Market Landscape
- 4.1 Overview
- 4.2 PEST Analysis
- 4.3 Ecosystem Analysis
- 4.3.1 Raw Material Suppliers:
- 4.3.2 Component Manufacturers:
- 4.3.3 Thermostatic Mixer Manufacturers:
- 4.3.4 End Users:
- 4.3.5 List of Thermostatic Mixer Providers
5. Thermostatic Mixers Market - Key Market Dynamics
- 5.1 Thermostatic Mixers Market - Key Market Dynamics
- 5.2 Market Drivers
- 5.2.1 Growing Focus on Water and Energy Conservation
- 5.2.2 Rising Importance of Temperature Control for Safety
- 5.3 Market Restraints
- 5.3.1 High Installation and Maintenance Costs and Stringent Environmental Regulations & Safety Standards
- 5.4 Market Opportunities
- 5.4.1 Launch of Technologically Advanced and Premium Thermostatic Mixers
- 5.5 Future Trends
- 5.5.1 Growing Popularity of Luxury Products and Home Renovation Projects
- 5.6 Impact of Drivers and Restraints:
6. Thermostatic Mixers Market - Global Market Analysis
- 6.1 Overview
- 6.2 Thermostatic Mixers Market Revenue (US$ Million), 2021-2031
- 6.3 Thermostatic Mixers Market Forecast Analysis
7. Thermostatic Mixers Market Analysis - by Mounting Type
- 7.1 Deck Mount
- 7.1.1 Overview
- 7.1.2 Deck Mount: Thermostatic Mixers Market - Revenue and Forecast to 2031 (US$ Million)
- 7.2 Wall Mount
- 7.2.1 Overview
- 7.2.2 Wall Mount: Thermostatic Mixers Market - Revenue and Forecast to 2031 (US$ Million)
8. Thermostatic Mixers Market Analysis - by Application
- 8.1 Residential
- 8.1.1 Overview
- 8.1.2 Residential: Thermostatic Mixers Market - Revenue and Forecast to 2031 (US$ Million)
- 8.2 Commercial
- 8.2.1 Overview
- 8.2.2 Commercial: Thermostatic Mixers Market - Revenue and Forecast to 2031 (US$ Million)
9. Thermostatic Mixers Market Analysis - by Design Type
- 9.1 Concealed
- 9.1.1 Overview
- 9.1.2 Concealed: Thermostatic Mixers Market - Revenue and Forecast to 2031 (US$ Million)
- 9.2 Exposed
- 9.2.1 Overview
- 9.2.2 Exposed: Thermostatic Mixers Market - Revenue and Forecast to 2031 (US$ Million)
10. Thermostatic Mixers Market - Geographical Analysis
- 10.1 Overview
- 10.2 North America
- 10.2.1 North America Thermostatic Mixers Market Overview
- 10.2.2 North America: Thermostatic Mixers Market - Revenue and Forecast to 2031 (US$ Million)
- 10.2.3 North America: Thermostatic Mixers Market Breakdown, by Mounting Type
- 10.2.3.1 North America: Thermostatic Mixers Market - Revenue and Forecast Analysis - by Mounting Type
- 10.2.4 North America: Thermostatic Mixers Market Breakdown, by Application
- 10.2.4.1 North America: Thermostatic Mixers Market - Revenue and Forecast Analysis - by Application
- 10.2.5 North America: Thermostatic Mixers Market Breakdown, by Design Type
- 10.2.5.1 North America: Thermostatic Mixers Market - Revenue and Forecast Analysis - by Design Type
- 10.2.6 North America: Thermostatic Mixers Market - Revenue and Forecast Analysis - by Country
- 10.2.6.1 North America: Thermostatic Mixers Market - Revenue and Forecast Analysis - by Country
- 10.2.6.2 United States: Thermostatic Mixers Market - Revenue and Forecast to 2031 (US$ Million)
- 10.2.6.2.1 United States: Thermostatic Mixers Market Breakdown, by Mounting Type
- 10.2.6.2.2 United States: Thermostatic Mixers Market Breakdown, by Application
- 10.2.6.2.3 United States: Thermostatic Mixers Market Breakdown, by Design Type
- 10.2.6.3 Canada: Thermostatic Mixers Market - Revenue and Forecast to 2031 (US$ Million)
- 10.2.6.3.1 Canada: Thermostatic Mixers Market Breakdown, by Mounting Type
- 10.2.6.3.2 Canada: Thermostatic Mixers Market Breakdown, by Application
- 10.2.6.3.3 Canada: Thermostatic Mixers Market Breakdown, by Design Type
- 10.2.6.4 Mexico: Thermostatic Mixers Market - Revenue and Forecast to 2031 (US$ Million)
- 10.2.6.4.1 Mexico: Thermostatic Mixers Market Breakdown, by Mounting Type
- 10.2.6.4.2 Mexico: Thermostatic Mixers Market Breakdown, by Application
- 10.2.6.4.3 Mexico: Thermostatic Mixers Market Breakdown, by Design Type
- 10.3 Europe
- 10.3.1 Europe Thermostatic Mixers Market Overview
- 10.3.2 Europe: Thermostatic Mixers Market - Revenue and Forecast to 2031 (US$ Million)
- 10.3.3 Europe: Thermostatic Mixers Market Breakdown, by Mounting Type
- 10.3.3.1 Europe: Thermostatic Mixers Market - Revenue and Forecast Analysis - by Mounting Type
- 10.3.4 Europe: Thermostatic Mixers Market Breakdown, by Application
- 10.3.4.1 Europe: Thermostatic Mixers Market - Revenue and Forecast Analysis - by Application
- 10.3.5 Europe: Thermostatic Mixers Market Breakdown, by Design Type
- 10.3.5.1 Europe: Thermostatic Mixers Market - Revenue and Forecast Analysis - by Design Type
- 10.3.6 Europe: Thermostatic Mixers Market - Revenue and Forecast Analysis - by Country
- 10.3.6.1 Europe: Thermostatic Mixers Market - Revenue and Forecast Analysis - by Country
- 10.3.6.2 Germany: Thermostatic Mixers Market - Revenue and Forecast to 2031 (US$ Million)
- 10.3.6.2.1 Germany: Thermostatic Mixers Market Breakdown, by Mounting Type
- 10.3.6.2.2 Germany: Thermostatic Mixers Market Breakdown, by Application
- 10.3.6.2.3 Germany: Thermostatic Mixers Market Breakdown, by Design Type
- 10.3.6.3 France: Thermostatic Mixers Market - Revenue and Forecast to 2031 (US$ Million)
- 10.3.6.3.1 France: Thermostatic Mixers Market Breakdown, by Mounting Type
- 10.3.6.3.2 France: Thermostatic Mixers Market Breakdown, by Application
- 10.3.6.3.3 France: Thermostatic Mixers Market Breakdown, by Design Type
- 10.3.6.4 Italy: Thermostatic Mixers Market - Revenue and Forecast to 2031 (US$ Million)
- 10.3.6.4.1 Italy: Thermostatic Mixers Market Breakdown, by Mounting Type
- 10.3.6.4.2 Italy: Thermostatic Mixers Market Breakdown, by Application
- 10.3.6.4.3 Italy: Thermostatic Mixers Market Breakdown, by Design Type
- 10.3.6.5 United Kingdom: Thermostatic Mixers Market - Revenue and Forecast to 2031 (US$ Million)
- 10.3.6.5.1 United Kingdom: Thermostatic Mixers Market Breakdown, by Mounting Type
- 10.3.6.5.2 United Kingdom: Thermostatic Mixers Market Breakdown, by Application
- 10.3.6.5.3 United Kingdom: Thermostatic Mixers Market Breakdown, by Design Type
- 10.3.6.6 Russia: Thermostatic Mixers Market - Revenue and Forecast to 2031 (US$ Million)
- 10.3.6.6.1 Russia: Thermostatic Mixers Market Breakdown, by Mounting Type
- 10.3.6.6.2 Russia: Thermostatic Mixers Market Breakdown, by Application
- 10.3.6.6.3 Russia: Thermostatic Mixers Market Breakdown, by Design Type
- 10.3.6.7 Rest of Europe: Thermostatic Mixers Market - Revenue and Forecast to 2031 (US$ Million)
- 10.3.6.7.1 Rest of Europe: Thermostatic Mixers Market Breakdown, by Mounting Type
- 10.3.6.7.2 Rest of Europe: Thermostatic Mixers Market Breakdown, by Application
- 10.3.6.7.3 Rest of Europe: Thermostatic Mixers Market Breakdown, by Design Type
- 10.4 Asia Pacific
- 10.4.1 Asia Pacific Thermostatic Mixers Market Overview
- 10.4.2 Asia Pacific: Thermostatic Mixers Market - Revenue and Forecast to 2031 (US$ Million)
- 10.4.3 Asia Pacific: Thermostatic Mixers Market Breakdown, by Mounting Type
- 10.4.3.1 Asia Pacific: Thermostatic Mixers Market - Revenue and Forecast Analysis - by Mounting Type
- 10.4.4 Asia Pacific: Thermostatic Mixers Market Breakdown, by Application
- 10.4.4.1 Asia Pacific: Thermostatic Mixers Market - Revenue and Forecast Analysis - by Application
- 10.4.5 Asia Pacific: Thermostatic Mixers Market Breakdown, by Design Type
- 10.4.5.1 Asia Pacific: Thermostatic Mixers Market - Revenue and Forecast Analysis - by Design Type
- 10.4.6 Asia Pacific: Thermostatic Mixers Market - Revenue and Forecast Analysis - by Country
- 10.4.6.1 Asia Pacific: Thermostatic Mixers Market - Revenue and Forecast Analysis - by Country
- 10.4.6.2 Australia: Thermostatic Mixers Market - Revenue and Forecast to 2031 (US$ Million)
- 10.4.6.2.1 Australia: Thermostatic Mixers Market Breakdown, by Mounting Type
- 10.4.6.2.2 Australia: Thermostatic Mixers Market Breakdown, by Application
- 10.4.6.2.3 Australia: Thermostatic Mixers Market Breakdown, by Design Type
- 10.4.6.3 China: Thermostatic Mixers Market - Revenue and Forecast to 2031 (US$ Million)
- 10.4.6.3.1 China: Thermostatic Mixers Market Breakdown, by Mounting Type
- 10.4.6.3.2 China: Thermostatic Mixers Market Breakdown, by Application
- 10.4.6.3.3 China: Thermostatic Mixers Market Breakdown, by Design Type
- 10.4.6.4 India: Thermostatic Mixers Market - Revenue and Forecast to 2031 (US$ Million)
- 10.4.6.4.1 India: Thermostatic Mixers Market Breakdown, by Mounting Type
- 10.4.6.4.2 India: Thermostatic Mixers Market Breakdown, by Application
- 10.4.6.4.3 India: Thermostatic Mixers Market Breakdown, by Design Type
- 10.4.6.5 Japan: Thermostatic Mixers Market - Revenue and Forecast to 2031 (US$ Million)
- 10.4.6.5.1 Japan: Thermostatic Mixers Market Breakdown, by Mounting Type
- 10.4.6.5.2 Japan: Thermostatic Mixers Market Breakdown, by Application
- 10.4.6.5.3 Japan: Thermostatic Mixers Market Breakdown, by Design Type
- 10.4.6.6 South Korea: Thermostatic Mixers Market - Revenue and Forecast to 2031 (US$ Million)
- 10.4.6.6.1 South Korea: Thermostatic Mixers Market Breakdown, by Mounting Type
- 10.4.6.6.2 South Korea: Thermostatic Mixers Market Breakdown, by Application
- 10.4.6.6.3 South Korea: Thermostatic Mixers Market Breakdown, by Design Type
- 10.4.6.7 Rest of APAC: Thermostatic Mixers Market - Revenue and Forecast to 2031 (US$ Million)
- 10.4.6.7.1 Rest of APAC: Thermostatic Mixers Market Breakdown, by Mounting Type
- 10.4.6.7.2 Rest of APAC: Thermostatic Mixers Market Breakdown, by Application
- 10.4.6.7.3 Rest of APAC: Thermostatic Mixers Market Breakdown, by Design Type
- 10.5 Middle East and Africa
- 10.5.1 Middle East and Africa Thermostatic Mixers Market Overview
- 10.5.2 Middle East and Africa: Thermostatic Mixers Market - Revenue and Forecast to 2031 (US$ Million)
- 10.5.3 Middle East and Africa: Thermostatic Mixers Market Breakdown, by Mounting Type
- 10.5.3.1 Middle East and Africa: Thermostatic Mixers Market - Revenue and Forecast Analysis - by Mounting Type
- 10.5.4 Middle East and Africa: Thermostatic Mixers Market Breakdown, by Application
- 10.5.4.1 Middle East and Africa: Thermostatic Mixers Market - Revenue and Forecast Analysis - by Application
- 10.5.5 Middle East and Africa: Thermostatic Mixers Market Breakdown, by Design Type
- 10.5.5.1 Middle East and Africa: Thermostatic Mixers Market - Revenue and Forecast Analysis - by Design Type
- 10.5.6 Middle East and Africa: Thermostatic Mixers Market - Revenue and Forecast Analysis - by Country
- 10.5.6.1 Middle East and Africa: Thermostatic Mixers Market - Revenue and Forecast Analysis - by Country
- 10.5.6.2 South Africa: Thermostatic Mixers Market - Revenue and Forecast to 2031 (US$ Million)
- 10.5.6.2.1 South Africa: Thermostatic Mixers Market Breakdown, by Mounting Type
- 10.5.6.2.2 South Africa: Thermostatic Mixers Market Breakdown, by Application
- 10.5.6.2.3 South Africa: Thermostatic Mixers Market Breakdown, by Design Type
- 10.5.6.3 Saudi Arabia: Thermostatic Mixers Market - Revenue and Forecast to 2031 (US$ Million)
- 10.5.6.3.1 Saudi Arabia: Thermostatic Mixers Market Breakdown, by Mounting Type
- 10.5.6.3.2 Saudi Arabia: Thermostatic Mixers Market Breakdown, by Application
- 10.5.6.3.3 Saudi Arabia: Thermostatic Mixers Market Breakdown, by Design Type
- 10.5.6.4 United Arab Emirates: Thermostatic Mixers Market - Revenue and Forecast to 2031 (US$ Million)
- 10.5.6.4.1 United Arab Emirates: Thermostatic Mixers Market Breakdown, by Mounting Type
- 10.5.6.4.2 United Arab Emirates: Thermostatic Mixers Market Breakdown, by Application
- 10.5.6.4.3 United Arab Emirates: Thermostatic Mixers Market Breakdown, by Design Type
- 10.5.6.5 Rest of Middle East and Africa: Thermostatic Mixers Market - Revenue and Forecast to 2031 (US$ Million)
- 10.5.6.5.1 Rest of Middle East and Africa: Thermostatic Mixers Market Breakdown, by Mounting Type
- 10.5.6.5.2 Rest of Middle East and Africa: Thermostatic Mixers Market Breakdown, by Application
- 10.5.6.5.3 Rest of Middle East and Africa: Thermostatic Mixers Market Breakdown, by Design Type
- 10.6 South America
- 10.6.1 South America Thermostatic Mixers Market Overview
- 10.6.2 South America: Thermostatic Mixers Market - Revenue and Forecast to 2031 (US$ Million)
- 10.6.3 South America: Thermostatic Mixers Market Breakdown, by Mounting Type
- 10.6.3.1 South America: Thermostatic Mixers Market - Revenue and Forecast Analysis - by Mounting Type
- 10.6.4 South America: Thermostatic Mixers Market Breakdown, by Application
- 10.6.4.1 South America: Thermostatic Mixers Market - Revenue and Forecast Analysis - by Application
- 10.6.5 South America: Thermostatic Mixers Market Breakdown, by Design Type
- 10.6.5.1 South America: Thermostatic Mixers Market - Revenue and Forecast Analysis - by Design Type
- 10.6.6 South America: Thermostatic Mixers Market - Revenue and Forecast Analysis - by Country
- 10.6.6.1 South America: Thermostatic Mixers Market - Revenue and Forecast Analysis - by Country
- 10.6.6.2 Brazil: Thermostatic Mixers Market - Revenue and Forecast to 2031 (US$ Million)
- 10.6.6.2.1 Brazil: Thermostatic Mixers Market Breakdown, by Mounting Type
- 10.6.6.2.2 Brazil: Thermostatic Mixers Market Breakdown, by Application
- 10.6.6.2.3 Brazil: Thermostatic Mixers Market Breakdown, by Design Type
- 10.6.6.3 Argentina: Thermostatic Mixers Market - Revenue and Forecast to 2031 (US$ Million)
- 10.6.6.3.1 Argentina: Thermostatic Mixers Market Breakdown, by Mounting Type
- 10.6.6.3.2 Argentina: Thermostatic Mixers Market Breakdown, by Application
- 10.6.6.3.3 Argentina: Thermostatic Mixers Market Breakdown, by Design Type
- 10.6.6.4 Rest of South America: Thermostatic Mixers Market - Revenue and Forecast to 2031 (US$ Million)
- 10.6.6.4.1 Rest of South America: Thermostatic Mixers Market Breakdown, by Mounting Type
- 10.6.6.4.2 Rest of South America: Thermostatic Mixers Market Breakdown, by Application
- 10.6.6.4.3 Rest of South America: Thermostatic Mixers Market Breakdown, by Design Type
11. Competitive Landscape
- 11.1 Heat Map Analysis by Key Players
- 11.2 Company Positioning & Concentration
12. Industry Landscape
- 12.1 Overview
- 12.2 Market Initiative
- 12.3 New Product Development
- 12.4 Merger and Acquisition
13. Company Profiles
- 13.1 Hansgrohe SE
- 13.1.1 Key Facts
- 13.1.2 Business Description
- 13.1.3 Products and Services
- 13.1.4 Financial Overview
- 13.1.5 SWOT Analysis
- 13.1.6 Key Developments
- 13.2 Lixil Corp
- 13.2.1 Key Facts
- 13.2.2 Business Description
- 13.2.3 Products and Services
- 13.2.4 Financial Overview
- 13.2.5 SWOT Analysis
- 13.2.6 Key Developments
- 13.3 TOTO Ltd.
- 13.3.1 Key Facts
- 13.3.2 Business Description
- 13.3.3 Products and Services
- 13.3.4 Financial Overview
- 13.3.5 SWOT Analysis
- 13.3.6 Key Developments
- 13.4 Roca Group
- 13.4.1 Key Facts
- 13.4.2 Business Description
- 13.4.3 Products and Services
- 13.4.4 Financial Overview
- 13.4.5 SWOT Analysis
- 13.4.6 Key Developments
- 13.5 Aquant
- 13.5.1 Key Facts
- 13.5.2 Business Description
- 13.5.3 Products and Services
- 13.5.4 Financial Overview
- 13.5.5 SWOT Analysis
- 13.5.6 Key Developments
- 13.6 FIMA CARLO FRATTINI S.P.A.
- 13.6.1 Key Facts
- 13.6.2 Business Description
- 13.6.3 Products and Services
- 13.6.4 Financial Overview
- 13.6.5 SWOT Analysis
- 13.6.6 Key Developments
- 13.7 Geberit AG
- 13.7.1 Key Facts
- 13.7.2 Business Description
- 13.7.3 Products and Services
- 13.7.4 Financial Overview
- 13.7.5 SWOT Analysis
- 13.7.6 Key Developments
- 13.8 Hindware Home Innovation Ltd
- 13.8.1 Key Facts
- 13.8.2 Business Description
- 13.8.3 Products and Services
- 13.8.4 Financial Overview
- 13.8.5 SWOT Analysis
- 13.8.6 Key Developments
- 13.9 Jaquar Group
- 13.9.1 Key Facts
- 13.9.2 Business Description
- 13.9.3 Products and Services
- 13.9.4 Financial Overview
- 13.9.5 SWOT Analysis
- 13.9.6 Key Developments
- 13.10 Kohler Co
- 13.10.1 Key Facts
- 13.10.2 Business Description
- 13.10.3 Products and Services
- 13.10.4 Financial Overview
- 13.10.5 SWOT Analysis
- 13.10.6 Key Developments
14. Appendix
- 14.1 About The Insight Partners