Key Insights
The global power strip market, valued at approximately $XX million in 2025, is projected to experience robust growth, exhibiting a compound annual growth rate (CAGR) of 7.00% from 2025 to 2033. This expansion is fueled by several key drivers. The increasing penetration of electronic devices in both residential and commercial settings necessitates the use of multiple power outlets, driving demand for power strips. Furthermore, the rising adoption of smart power strips with features like USB charging and Wi-Fi connectivity is contributing significantly to market growth. The industrial sector, with its diverse machinery and equipment requiring reliable power distribution, represents a substantial market segment. Growth is also spurred by increasing awareness of surge protection and the need for safe power management, particularly in regions prone to power fluctuations. However, market growth faces certain restraints. Concerns about fire hazards associated with substandard power strips and stringent safety regulations in certain regions could potentially dampen growth. Nevertheless, technological advancements, such as improved surge protection technologies and the integration of energy-efficient features, are mitigating these concerns and creating new market opportunities.
The market is segmented by installation type (FPDUs, Multioutlet Assemblies, Relocatable Power Taps), application (general purpose, surge protection, waterproof protection, smart power strips), and end-user (industrial, commercial, residential). The smart power strip segment is poised for rapid expansion due to its convenience and energy-saving capabilities. Geographically, North America and Europe are expected to maintain significant market shares due to high electronic device penetration and established infrastructure. However, the Asia-Pacific region is anticipated to witness the fastest growth, driven by rapid urbanization, increasing disposable incomes, and rising demand for electronic goods. Key players like ABB, Legrand, Belkin, Leviton, and Schneider Electric are actively shaping the market through product innovation and strategic partnerships, further intensifying competition and driving market expansion.

Power Strip Industry Market Report: 2019-2033
This comprehensive report provides a detailed analysis of the global power strip industry, encompassing market dynamics, growth trends, regional performance, product landscape, and key players. The study period covers 2019-2033, with 2025 as the base year and a forecast period of 2025-2033. This report is essential for industry professionals, investors, and anyone seeking a deep understanding of this dynamic market. The report projects xx Million units in sales for 2025, with a CAGR of xx% expected during the forecast period.
Power Strip Industry Market Dynamics & Structure
The power strip market is characterized by moderate concentration, with key players such as ABB Ltd, Legrand SA, Belkin International Inc, and others holding significant market share. Technological innovation, driven by increasing demand for smart power strips and enhanced safety features, is a major growth driver. Regulatory frameworks concerning energy efficiency and safety standards significantly influence product design and market access. Competitive substitutes, such as individual chargers and USB hubs, pose a challenge, although the convenience and cost-effectiveness of power strips remain key advantages. End-user demographics, particularly the rising adoption of smart devices and the growth of the commercial and industrial sectors, fuel market demand. M&A activity in the power strip market remains relatively low, with xx deals recorded in the historical period (2019-2024), primarily focused on consolidating smaller players.
- Market Concentration: Moderately concentrated, with top 5 players holding approximately xx% market share in 2024.
- Innovation Drivers: Smart power strips with USB-C and wireless charging, enhanced safety features (surge protection, fire resistance).
- Regulatory Landscape: Compliance with energy efficiency and safety standards varies by region, impacting product design and market entry.
- Competitive Substitutes: Individual chargers, USB hubs, represent partial substitution, particularly in niche applications.
- End-User Demographics: Growth driven by rising smart device ownership and expanding commercial/industrial sectors.
- M&A Trends: Low M&A activity, with a focus on consolidation of smaller players.
Power Strip Industry Growth Trends & Insights
The global power strip market witnessed significant growth during the historical period (2019-2024), driven by increasing demand from residential, commercial, and industrial sectors. The market size expanded from xx Million units in 2019 to xx Million units in 2024, exhibiting a CAGR of xx%. This growth is primarily attributed to rising electricity consumption, increasing adoption of electronic devices, and the growing preference for convenience and safety features. Technological advancements, particularly the integration of smart features (USB charging, Wi-Fi connectivity) and enhanced safety mechanisms (surge protection), have fueled market expansion and increased consumer adoption rates. Shifting consumer behavior towards energy-efficient and user-friendly products further contributes to this trend. Market penetration is currently at approximately xx%, with substantial untapped potential, particularly in emerging economies.

Dominant Regions, Countries, or Segments in Power Strip Industry
North America and Europe currently dominate the power strip market, driven by high levels of electronic device ownership, developed infrastructure, and strong consumer preference for advanced features. Within these regions, the residential segment holds the largest market share, followed by the commercial and industrial sectors. Among installation types, multioutlet assemblies maintain the leading position due to their versatility and affordability. However, the smart power strip segment is experiencing the fastest growth rate, fueled by technological advancements and increased consumer demand for convenience and energy efficiency.
- Key Drivers: High electronic device ownership, developed infrastructure, strong consumer purchasing power (North America & Europe).
- Dominant Segments: Multioutlet Assemblies (Installation Type); Residential (End-User); General Purpose (Application).
- Growth Potential: Emerging markets in Asia-Pacific and Latin America offer significant growth opportunities, driven by rising disposable income and urbanization.
Power Strip Industry Product Landscape
The power strip market offers a diverse range of products, from basic multi-outlet assemblies to advanced smart power strips with USB charging, Wi-Fi connectivity, and surge protection. Innovation focuses on enhancing safety, convenience, and energy efficiency. Key features include advanced surge protection technologies, integrated USB ports with fast-charging capabilities, and smart functionalities for remote control and energy monitoring. Manufacturers are constantly striving to improve product design, incorporating compact designs, aesthetically pleasing aesthetics, and improved cable management systems to cater to diverse consumer preferences.
Key Drivers, Barriers & Challenges in Power Strip Industry
Key Drivers:
- Increasing adoption of electronic devices across all sectors.
- Growing demand for smart features and enhanced safety mechanisms.
- Expanding infrastructure development in emerging economies.
- Government regulations promoting energy efficiency and safety.
Challenges & Restraints:
- Intense competition from existing players and new entrants.
- Fluctuations in raw material prices, impacting production costs.
- Supply chain disruptions and logistics challenges.
- Stringent safety and regulatory compliance requirements.
Emerging Opportunities in Power Strip Industry
- Expansion into untapped markets in developing economies.
- Development of specialized power strips for niche applications (e.g., medical, industrial).
- Integration of advanced technologies, such as AI and IoT, to enhance functionality.
- Development of sustainable and eco-friendly power strips using recycled materials and energy-efficient designs.
Growth Accelerators in the Power Strip Industry
Long-term growth in the power strip industry will be fueled by continuous technological advancements, strategic partnerships between manufacturers and technology providers, and targeted expansion into high-growth markets. The development of innovative power strip designs, incorporating advanced safety features, energy-efficient technologies, and seamless integration with smart home ecosystems, will be critical for sustained growth. Moreover, strategic collaborations among manufacturers and distributors to expand market reach and improve supply chain efficiency will play a vital role in shaping the industry's trajectory.
Key Players Shaping the Power Strip Industry Market
- ABB Ltd
- Legrand SA
- Belkin International Inc
- Leviton Manufacturing Co Inc
- Hubbell Incorporated
- Tripp Lite (Eaton Corporation)
- Koninklijke Philips N V
- Delixi Electric
- Falconer Electronics Inc
- Schneider Electric
- Cyber Power Systems Inc
- Panasonic Corporation
Notable Milestones in Power Strip Industry Sector
- June 2022: Anker launches the 521 Power Strip, featuring six simultaneous charging ports and advanced safety features. This launch highlights the trend towards multi-device charging and enhanced safety in power strip design.
- December 2021: Baseus introduces the PowerCombo, a compact and portable power strip ideal for travelers and those with limited desk space. This signifies the increasing demand for portable and space-saving power solutions.
In-Depth Power Strip Industry Market Outlook
The future of the power strip industry is bright, with strong potential for growth driven by technological advancements, increasing consumer demand, and expansion into emerging markets. Strategic opportunities lie in developing innovative power strip solutions that incorporate advanced safety features, energy-efficient designs, and seamless integration with smart home ecosystems. The ongoing trend towards multi-device charging and the growing adoption of smart devices present significant growth avenues for manufacturers. Furthermore, partnerships with technology providers and expansion into underserved markets will play a key role in shaping the future trajectory of the power strip industry.
Power Strip Industry Segmentation
-
1. Installation Type (Qualitative Analysis)
- 1.1. Furniture Power Distribution Units (FPDUs)
- 1.2. Multioutlet Assemblies
- 1.3. Relocatable Power Taps (RPTs)
-
2. Application
- 2.1. Common Type (General Purpose)
- 2.2. Special
- 2.3. Smart Power Strips (USB, WiFi, etc.)
-
3. End-User
- 3.1. Industrial
- 3.2. Commercial
- 3.3. Residential
Power Strip Industry Segmentation By Geography
- 1. North America
- 2. Europe
- 3. Asia Pacific
- 4. Rest of the World

Power Strip Industry REPORT HIGHLIGHTS
Aspects | Details |
---|---|
Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of 7.00% from 2019-2033 |
Segmentation |
|
Table of Contents
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. Growing Demand for Steady Power Supply and Power Saving; Increasing Number of Electronics Devices in Residential Applications
- 3.3. Market Restrains
- 3.3.1. High Deployment and Operational Cost
- 3.4. Market Trends
- 3.4.1. Increasing Number of Electronics Devices in Residential Applications
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. Global Power Strip Industry Analysis, Insights and Forecast, 2019-2031
- 5.1. Market Analysis, Insights and Forecast - by Installation Type (Qualitative Analysis)
- 5.1.1. Furniture Power Distribution Units (FPDUs)
- 5.1.2. Multioutlet Assemblies
- 5.1.3. Relocatable Power Taps (RPTs)
- 5.2. Market Analysis, Insights and Forecast - by Application
- 5.2.1. Common Type (General Purpose)
- 5.2.2. Special
- 5.2.3. Smart Power Strips (USB, WiFi, etc.)
- 5.3. Market Analysis, Insights and Forecast - by End-User
- 5.3.1. Industrial
- 5.3.2. Commercial
- 5.3.3. Residential
- 5.4. Market Analysis, Insights and Forecast - by Region
- 5.4.1. North America
- 5.4.2. Europe
- 5.4.3. Asia Pacific
- 5.4.4. Rest of the World
- 5.1. Market Analysis, Insights and Forecast - by Installation Type (Qualitative Analysis)
- 6. North America Power Strip Industry Analysis, Insights and Forecast, 2019-2031
- 6.1. Market Analysis, Insights and Forecast - by Installation Type (Qualitative Analysis)
- 6.1.1. Furniture Power Distribution Units (FPDUs)
- 6.1.2. Multioutlet Assemblies
- 6.1.3. Relocatable Power Taps (RPTs)
- 6.2. Market Analysis, Insights and Forecast - by Application
- 6.2.1. Common Type (General Purpose)
- 6.2.2. Special
- 6.2.3. Smart Power Strips (USB, WiFi, etc.)
- 6.3. Market Analysis, Insights and Forecast - by End-User
- 6.3.1. Industrial
- 6.3.2. Commercial
- 6.3.3. Residential
- 6.1. Market Analysis, Insights and Forecast - by Installation Type (Qualitative Analysis)
- 7. Europe Power Strip Industry Analysis, Insights and Forecast, 2019-2031
- 7.1. Market Analysis, Insights and Forecast - by Installation Type (Qualitative Analysis)
- 7.1.1. Furniture Power Distribution Units (FPDUs)
- 7.1.2. Multioutlet Assemblies
- 7.1.3. Relocatable Power Taps (RPTs)
- 7.2. Market Analysis, Insights and Forecast - by Application
- 7.2.1. Common Type (General Purpose)
- 7.2.2. Special
- 7.2.3. Smart Power Strips (USB, WiFi, etc.)
- 7.3. Market Analysis, Insights and Forecast - by End-User
- 7.3.1. Industrial
- 7.3.2. Commercial
- 7.3.3. Residential
- 7.1. Market Analysis, Insights and Forecast - by Installation Type (Qualitative Analysis)
- 8. Asia Pacific Power Strip Industry Analysis, Insights and Forecast, 2019-2031
- 8.1. Market Analysis, Insights and Forecast - by Installation Type (Qualitative Analysis)
- 8.1.1. Furniture Power Distribution Units (FPDUs)
- 8.1.2. Multioutlet Assemblies
- 8.1.3. Relocatable Power Taps (RPTs)
- 8.2. Market Analysis, Insights and Forecast - by Application
- 8.2.1. Common Type (General Purpose)
- 8.2.2. Special
- 8.2.3. Smart Power Strips (USB, WiFi, etc.)
- 8.3. Market Analysis, Insights and Forecast - by End-User
- 8.3.1. Industrial
- 8.3.2. Commercial
- 8.3.3. Residential
- 8.1. Market Analysis, Insights and Forecast - by Installation Type (Qualitative Analysis)
- 9. Rest of the World Power Strip Industry Analysis, Insights and Forecast, 2019-2031
- 9.1. Market Analysis, Insights and Forecast - by Installation Type (Qualitative Analysis)
- 9.1.1. Furniture Power Distribution Units (FPDUs)
- 9.1.2. Multioutlet Assemblies
- 9.1.3. Relocatable Power Taps (RPTs)
- 9.2. Market Analysis, Insights and Forecast - by Application
- 9.2.1. Common Type (General Purpose)
- 9.2.2. Special
- 9.2.3. Smart Power Strips (USB, WiFi, etc.)
- 9.3. Market Analysis, Insights and Forecast - by End-User
- 9.3.1. Industrial
- 9.3.2. Commercial
- 9.3.3. Residential
- 9.1. Market Analysis, Insights and Forecast - by Installation Type (Qualitative Analysis)
- 10. North America Power Strip Industry Analysis, Insights and Forecast, 2019-2031
- 10.1. Market Analysis, Insights and Forecast - By Country/Sub-region
- 10.1.1.
- 11. Europe Power Strip Industry Analysis, Insights and Forecast, 2019-2031
- 11.1. Market Analysis, Insights and Forecast - By Country/Sub-region
- 11.1.1.
- 12. Asia Pacific Power Strip Industry Analysis, Insights and Forecast, 2019-2031
- 12.1. Market Analysis, Insights and Forecast - By Country/Sub-region
- 12.1.1.
- 13. Rest of the World Power Strip Industry Analysis, Insights and Forecast, 2019-2031
- 13.1. Market Analysis, Insights and Forecast - By Country/Sub-region
- 13.1.1.
- 14. Competitive Analysis
- 14.1. Global Market Share Analysis 2024
- 14.2. Company Profiles
- 14.2.1 ABB Ltd
- 14.2.1.1. Overview
- 14.2.1.2. Products
- 14.2.1.3. SWOT Analysis
- 14.2.1.4. Recent Developments
- 14.2.1.5. Financials (Based on Availability)
- 14.2.2 Legrand SA
- 14.2.2.1. Overview
- 14.2.2.2. Products
- 14.2.2.3. SWOT Analysis
- 14.2.2.4. Recent Developments
- 14.2.2.5. Financials (Based on Availability)
- 14.2.3 Belkin International Inc
- 14.2.3.1. Overview
- 14.2.3.2. Products
- 14.2.3.3. SWOT Analysis
- 14.2.3.4. Recent Developments
- 14.2.3.5. Financials (Based on Availability)
- 14.2.4 Leviton Manufacturing Co Inc
- 14.2.4.1. Overview
- 14.2.4.2. Products
- 14.2.4.3. SWOT Analysis
- 14.2.4.4. Recent Developments
- 14.2.4.5. Financials (Based on Availability)
- 14.2.5 Hubbell Incorporated
- 14.2.5.1. Overview
- 14.2.5.2. Products
- 14.2.5.3. SWOT Analysis
- 14.2.5.4. Recent Developments
- 14.2.5.5. Financials (Based on Availability)
- 14.2.6 Tripp Lite (Eaton Corporation)
- 14.2.6.1. Overview
- 14.2.6.2. Products
- 14.2.6.3. SWOT Analysis
- 14.2.6.4. Recent Developments
- 14.2.6.5. Financials (Based on Availability)
- 14.2.7 Koninklijke Philips N V
- 14.2.7.1. Overview
- 14.2.7.2. Products
- 14.2.7.3. SWOT Analysis
- 14.2.7.4. Recent Developments
- 14.2.7.5. Financials (Based on Availability)
- 14.2.8 Delixi Electric
- 14.2.8.1. Overview
- 14.2.8.2. Products
- 14.2.8.3. SWOT Analysis
- 14.2.8.4. Recent Developments
- 14.2.8.5. Financials (Based on Availability)
- 14.2.9 Falconer Electronics Inc
- 14.2.9.1. Overview
- 14.2.9.2. Products
- 14.2.9.3. SWOT Analysis
- 14.2.9.4. Recent Developments
- 14.2.9.5. Financials (Based on Availability)
- 14.2.10 Schneider Electric
- 14.2.10.1. Overview
- 14.2.10.2. Products
- 14.2.10.3. SWOT Analysis
- 14.2.10.4. Recent Developments
- 14.2.10.5. Financials (Based on Availability)
- 14.2.11 Cyber Power Systems Inc
- 14.2.11.1. Overview
- 14.2.11.2. Products
- 14.2.11.3. SWOT Analysis
- 14.2.11.4. Recent Developments
- 14.2.11.5. Financials (Based on Availability)
- 14.2.12 Panasonic Corporation
- 14.2.12.1. Overview
- 14.2.12.2. Products
- 14.2.12.3. SWOT Analysis
- 14.2.12.4. Recent Developments
- 14.2.12.5. Financials (Based on Availability)
- 14.2.1 ABB Ltd
List of Figures
- Figure 1: Global Power Strip Industry Revenue Breakdown (Million, %) by Region 2024 & 2032
- Figure 2: North America Power Strip Industry Revenue (Million), by Country 2024 & 2032
- Figure 3: North America Power Strip Industry Revenue Share (%), by Country 2024 & 2032
- Figure 4: Europe Power Strip Industry Revenue (Million), by Country 2024 & 2032
- Figure 5: Europe Power Strip Industry Revenue Share (%), by Country 2024 & 2032
- Figure 6: Asia Pacific Power Strip Industry Revenue (Million), by Country 2024 & 2032
- Figure 7: Asia Pacific Power Strip Industry Revenue Share (%), by Country 2024 & 2032
- Figure 8: Rest of the World Power Strip Industry Revenue (Million), by Country 2024 & 2032
- Figure 9: Rest of the World Power Strip Industry Revenue Share (%), by Country 2024 & 2032
- Figure 10: North America Power Strip Industry Revenue (Million), by Installation Type (Qualitative Analysis) 2024 & 2032
- Figure 11: North America Power Strip Industry Revenue Share (%), by Installation Type (Qualitative Analysis) 2024 & 2032
- Figure 12: North America Power Strip Industry Revenue (Million), by Application 2024 & 2032
- Figure 13: North America Power Strip Industry Revenue Share (%), by Application 2024 & 2032
- Figure 14: North America Power Strip Industry Revenue (Million), by End-User 2024 & 2032
- Figure 15: North America Power Strip Industry Revenue Share (%), by End-User 2024 & 2032
- Figure 16: North America Power Strip Industry Revenue (Million), by Country 2024 & 2032
- Figure 17: North America Power Strip Industry Revenue Share (%), by Country 2024 & 2032
- Figure 18: Europe Power Strip Industry Revenue (Million), by Installation Type (Qualitative Analysis) 2024 & 2032
- Figure 19: Europe Power Strip Industry Revenue Share (%), by Installation Type (Qualitative Analysis) 2024 & 2032
- Figure 20: Europe Power Strip Industry Revenue (Million), by Application 2024 & 2032
- Figure 21: Europe Power Strip Industry Revenue Share (%), by Application 2024 & 2032
- Figure 22: Europe Power Strip Industry Revenue (Million), by End-User 2024 & 2032
- Figure 23: Europe Power Strip Industry Revenue Share (%), by End-User 2024 & 2032
- Figure 24: Europe Power Strip Industry Revenue (Million), by Country 2024 & 2032
- Figure 25: Europe Power Strip Industry Revenue Share (%), by Country 2024 & 2032
- Figure 26: Asia Pacific Power Strip Industry Revenue (Million), by Installation Type (Qualitative Analysis) 2024 & 2032
- Figure 27: Asia Pacific Power Strip Industry Revenue Share (%), by Installation Type (Qualitative Analysis) 2024 & 2032
- Figure 28: Asia Pacific Power Strip Industry Revenue (Million), by Application 2024 & 2032
- Figure 29: Asia Pacific Power Strip Industry Revenue Share (%), by Application 2024 & 2032
- Figure 30: Asia Pacific Power Strip Industry Revenue (Million), by End-User 2024 & 2032
- Figure 31: Asia Pacific Power Strip Industry Revenue Share (%), by End-User 2024 & 2032
- Figure 32: Asia Pacific Power Strip Industry Revenue (Million), by Country 2024 & 2032
- Figure 33: Asia Pacific Power Strip Industry Revenue Share (%), by Country 2024 & 2032
- Figure 34: Rest of the World Power Strip Industry Revenue (Million), by Installation Type (Qualitative Analysis) 2024 & 2032
- Figure 35: Rest of the World Power Strip Industry Revenue Share (%), by Installation Type (Qualitative Analysis) 2024 & 2032
- Figure 36: Rest of the World Power Strip Industry Revenue (Million), by Application 2024 & 2032
- Figure 37: Rest of the World Power Strip Industry Revenue Share (%), by Application 2024 & 2032
- Figure 38: Rest of the World Power Strip Industry Revenue (Million), by End-User 2024 & 2032
- Figure 39: Rest of the World Power Strip Industry Revenue Share (%), by End-User 2024 & 2032
- Figure 40: Rest of the World Power Strip Industry Revenue (Million), by Country 2024 & 2032
- Figure 41: Rest of the World Power Strip Industry Revenue Share (%), by Country 2024 & 2032
List of Tables
- Table 1: Global Power Strip Industry Revenue Million Forecast, by Region 2019 & 2032
- Table 2: Global Power Strip Industry Revenue Million Forecast, by Installation Type (Qualitative Analysis) 2019 & 2032
- Table 3: Global Power Strip Industry Revenue Million Forecast, by Application 2019 & 2032
- Table 4: Global Power Strip Industry Revenue Million Forecast, by End-User 2019 & 2032
- Table 5: Global Power Strip Industry Revenue Million Forecast, by Region 2019 & 2032
- Table 6: Global Power Strip Industry Revenue Million Forecast, by Country 2019 & 2032
- Table 7: Power Strip Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 8: Global Power Strip Industry Revenue Million Forecast, by Country 2019 & 2032
- Table 9: Power Strip Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 10: Global Power Strip Industry Revenue Million Forecast, by Country 2019 & 2032
- Table 11: Power Strip Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 12: Global Power Strip Industry Revenue Million Forecast, by Country 2019 & 2032
- Table 13: Power Strip Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 14: Global Power Strip Industry Revenue Million Forecast, by Installation Type (Qualitative Analysis) 2019 & 2032
- Table 15: Global Power Strip Industry Revenue Million Forecast, by Application 2019 & 2032
- Table 16: Global Power Strip Industry Revenue Million Forecast, by End-User 2019 & 2032
- Table 17: Global Power Strip Industry Revenue Million Forecast, by Country 2019 & 2032
- Table 18: Global Power Strip Industry Revenue Million Forecast, by Installation Type (Qualitative Analysis) 2019 & 2032
- Table 19: Global Power Strip Industry Revenue Million Forecast, by Application 2019 & 2032
- Table 20: Global Power Strip Industry Revenue Million Forecast, by End-User 2019 & 2032
- Table 21: Global Power Strip Industry Revenue Million Forecast, by Country 2019 & 2032
- Table 22: Global Power Strip Industry Revenue Million Forecast, by Installation Type (Qualitative Analysis) 2019 & 2032
- Table 23: Global Power Strip Industry Revenue Million Forecast, by Application 2019 & 2032
- Table 24: Global Power Strip Industry Revenue Million Forecast, by End-User 2019 & 2032
- Table 25: Global Power Strip Industry Revenue Million Forecast, by Country 2019 & 2032
- Table 26: Global Power Strip Industry Revenue Million Forecast, by Installation Type (Qualitative Analysis) 2019 & 2032
- Table 27: Global Power Strip Industry Revenue Million Forecast, by Application 2019 & 2032
- Table 28: Global Power Strip Industry Revenue Million Forecast, by End-User 2019 & 2032
- Table 29: Global Power Strip Industry Revenue Million Forecast, by Country 2019 & 2032
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the Power Strip Industry?
The projected CAGR is approximately 7.00%.
2. Which companies are prominent players in the Power Strip Industry?
Key companies in the market include ABB Ltd, Legrand SA, Belkin International Inc, Leviton Manufacturing Co Inc, Hubbell Incorporated, Tripp Lite (Eaton Corporation), Koninklijke Philips N V, Delixi Electric, Falconer Electronics Inc, Schneider Electric, Cyber Power Systems Inc , Panasonic Corporation.
3. What are the main segments of the Power Strip Industry?
The market segments include Installation Type (Qualitative Analysis), Application, End-User.
4. Can you provide details about the market size?
The market size is estimated to be USD XX Million as of 2022.
5. What are some drivers contributing to market growth?
Growing Demand for Steady Power Supply and Power Saving; Increasing Number of Electronics Devices in Residential Applications.
6. What are the notable trends driving market growth?
Increasing Number of Electronics Devices in Residential Applications.
7. Are there any restraints impacting market growth?
High Deployment and Operational Cost.
8. Can you provide examples of recent developments in the market?
June 2022 - Anker has introduced the 521 Power Strip, which can charge up to six devices simultaneously. According to the company, the device might be useful in a dorm or hotel room. Three AC outlets are positioned on the back of the 521 Power Strip, with two 12 W USB-A ports and a 30 W USB-C connector on the front of the device. The USB-C port supports high-speed charging. When all three USB ports are active, the power output is reduced to 10 W divided between the USB-A outlets and 20 W for the USB-C port. The ActiveShield technology monitors the device's temperature to prevent the power strip from overheating. The eight-point safety system also protects against overvoltage and surges, and LED lights on the device to indicate when the defense is in place.
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 4750, USD 5250, and USD 8750 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in Million.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "Power Strip Industry," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the Power Strip Industry report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the Power Strip Industry?
To stay informed about further developments, trends, and reports in the Power Strip Industry, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.
Methodology
Step 1 - Identification of Relevant Samples Size from Population Database



Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)

Note*: In applicable scenarios
Step 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations

Step 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence