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Global Power Strip Market Size, Share & Trends Analysis Report by Type, by Protection (Surge Protection, Fuse-based Protection), by Application (Household, Commercial, Industrial), by Region, and Segment Forecasts, 2021-2028

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    Report

  • 100 Pages
  • August 2021
  • Region: Global
  • Grand View Research
  • ID: 5416009
Description Jump to:
The global power strip market size is expected to reach USD 15.7 billion by 2028, expanding at a CAGR of 5.7% from 2021 to 2028. With the rise in disposable income, there has been a surge in the demand for electrical equipment with advanced technology, which is the major factor driving the market growth. The need for power quality protection equipment is becoming essential as the use of electronic equipment is increasing in the residential sector, corporations, and manufacturing facilities.

The need for power protectors for individual equipment as well as the entire facility is increasing as surges and transient voltages impact profitability and productivity. In recent years, the market, once dominated by household appliances, has branched out into a massive range of different offerings. The demand for sophisticated and highly technological appliances and such as personal computers, LED televisions, printers, washing machines, microwaves, and industrial equipment is increasing rapidly.

The adoption of technologically advanced equipment such as laptops, LCDs, washing machines, and LED televisions in emerging countries is driving the demand for technologically advanced power strips. The COVID-19 pandemic is anticipated to have a positive impact on the market growth. The pandemic has led to lockdowns across the globe, impelling people to work from home, increasing the need to connect several devices at the same time.

Power Strip Market Report Highlights

  • In terms of type, the common power strip segment dominated the market in 2020 and is expected to retain its dominance over the forecast period
  • In terms of protection type, the surge protection segment is expected to expand at a CAGR of 5.9% over the forecast period. The growing preference for smart power strips with surge protectors to protect smart and delicate appliances is expected to drive the segment growth
  • In terms of application, the commercial segment dominated the market in 2020 and is expected to retain its dominance over the forecast period. With the growing need to reduce electricity wastage, commercial sites are adopting smart power strips to monitor appliances that are on standby mode and shut down the power, thereby reducing power usage
  • The growth of sustainable development initiatives in emerging economies such as China and India is expected to create growth opportunities for the market players in the Asia Pacific region over the forecast period. Additionally, increased investment in high-quality and low-cost innovative products is also expected to propel market growth in the region


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Table of Contents

Chapter 1 Methodology and Scope
1.1 Market Segmentation and Scope
1.2 Market Definitions
1.3 Information Procurement
1.3.1 Purchased Database
1.3.2 Internal Database
1.3.3 Secondary Sources & Third-Party Perspective
1.3.4 Primary Research
1.4 Information Analysis
1.4.1 Data Analysis Models
1.5 Market Formulation and Data Visualization
1.6 Data Validation and Publishing
Chapter 2 Executive Summary
2.1 Power Strips Market - Industry Snapshot & Key Buying Criteria, 2016 - 2028
2.2 Global Power Strips Market, 2016 - 2028
2.2.1 Global Power Strips Market, By Region, 2016 - 2028
2.2.2 Global Power Strips Market, By Type, 2016 - 2028
2.2.3 Global Power strip market, by protection, 2016 - 2028
2.2.4 Global Power Strips Market, By Application, 2016 - 2028
Chapter 3 Market Variables, Trends, and Scope
3.1 Market Introduction
3.2 Penetration and Growth Prospect Mapping
3.3 Power Strip Market - Market Dynamics
3.3.1 Market driver analysis
3.3.1.1 Increasing demand for sTable power supply
3.3.2 Market challenge analysis
3.3.2.1 Stringent regulations in different regions
3.3.3 Market opportunity analysis
3.3.3.1 Emerging technology in power strips
3.4 Power Strip Market - Porter’s Five Forces Analysis
3.5 Power Strip Market - PESTEL Analysis
3.6 Power Strip Market - Covid-19 Impact
Chapter 4 Power Strip Market: Type Estimates & Trend Analysis
4.1 Type Movement Analysis & Market Share, 2020 & 2028
4.2 Smart Power Strip
4.2.1 smart power strip market, 2016 - 2028
4.3 Common Power Strip
4.3.1 Common Power Strip Market, 2016 - 2028
4.4 Specialized Power Strip
4.4.1 specialized power strip market, 2016 - 2028
Chapter 5 Power Strip Market: Protection Estimates and Trend Analysis
5.1 Power Strip Market Share By Protection, 2020
5.2 Surge Protection
5.2.1 surge protection power strip market, 2016 - 2028
5.3 Fuse-based Protection
5.3.1 fuse-based protection power strip market, 2016 - 2028
5.4 Others
5.4.1 other power strip market, 2016 - 2028
Chapter 6 Power Strip Market: Application Estimates and Trend Analysis
6.1 Power Strip Market Share By Application, 2020
6.2 Household
6.2.1 household power strip market, 2016 - 2028
6.3 Commercial
6.3.1 commercial power strip market, 2016 - 2028
6.4 Industrial
6.4.1 industrial power strip market, 2016 - 2028
Chapter 7 Power Strip Market: Regional Outlook
7.1 Power Strip Market Share By Region, 2020
7.2 North America
7.2.1 North America power strip market, 2016 - 2028
7.2.2 North America power strip market, by type, 2016 - 2028
7.2.3 North America power strip market, by protection, 2016 - 2028
7.2.4 North America power strip market, by application, 2016 - 2028
7.2.5 U.S.
7.2.5.1 U.S. power strip market, 2016 - 2028
7.2.5.2 U.S. power strip market, by type, 2016 - 2028
7.2.5.3 U.S. power strip market, by protection, 2016 - 2028
7.2.5.4 U.S. power strip market, by application, 2016 - 2028
7.2.6 Canada
7.2.6.1 Canada power strip market, 2016 - 2028
7.2.6.2 Canada power strip market, by type, 2016 - 2028
7.2.6.3 Canada power strip market, by protection, 2016 - 2028
7.2.6.4 Canada power strip market, by application, 2016 - 2028
7.3 Europe
7.3.1 Europe power strip market, 2016 - 2028
7.3.2 Europe power strip market, by type, 2016 - 2028
7.3.3 Europe power strip market, by protection, 2016 - 2028
7.3.4 Europe power strip market, by application, 2016 - 2028
7.3.5 Germany
7.3.5.1 Germany power strip market, 2016 - 2028
7.3.5.2 Germany power strip market, by type, 2016 - 2028
7.3.5.3 Germany power strip market, by protection, 2016 - 2028
7.3.5.4 Germany power strip market, by application, 2016 - 2028
7.3.6 U.K.
7.3.6.1 U.K. power strip market, 2016 - 2028
7.3.6.2 U.K. power strip market, by type, 2016 - 2028
7.3.6.3 U.K. power strip market, by protection, 2016 - 2028
7.3.6.4 U.K. power strip market, by application, 2016 - 2028
7.3.7 France
7.3.7.1 France power strip market, 2016 - 2028
7.3.7.2 France power strip market, by type, 2016 - 2028
7.3.7.3 France power strip market, by protection, 2016 - 2028
7.3.7.4 France power strip market, by application, 2016 - 2028
7.3.8 Italy
7.3.8.1 Italy power strip market, 2016 - 2028
7.3.8.2 Italy power strip market, by type, 2016 - 2028
7.3.8.3 Italy power strip market, by protection, 2016 - 2028
7.3.8.4 Italy power strip market, by application, 2016 - 2028
7.3.9 Rest of Europe
7.3.9.1 Rest of Europe power strip market, 2016 - 2028
7.3.9.2 Rest of Europe power strip market, by type, 2016 - 2028
7.3.9.3 Rest of Europe power strip market, by protection, 2016 - 2028
7.3.9.4 Rest of Europe power strip market, by application, 2016 - 2028
7.4 Asia Pacific
7.4.1 Asia Pacific power strip market, 2016 - 2028
7.4.2 Asia Pacific power strip market, by type, 2016 - 2028
7.4.3 Asia Pacific power strip market, by protection, 2016 - 2028
7.4.4 Asia Pacific power strip market, by application, 2016 - 2028
7.4.5 China
7.4.5.1 China power strip market, 2016 - 2028
7.4.5.2 China power strip market, by type, 2016 - 2028
7.4.5.3 China power strip market, by protection, 2016 - 2028
7.4.5.4 China power strip market, by application, 2016 - 2028
7.4.6 India
7.4.6.1 India power strip market, 2016 - 2028
7.4.6.2 India power strip market, by type, 2016 - 2028
7.4.6.3 India power strip market, by protection, 2016 - 2028
7.4.6.4 India power strip market, by application, 2016 - 2028
7.4.7 Japan
7.4.7.1 Japan power strip market, 2016 - 2028
7.4.7.2 Japan power strip market, by type, 2016 - 2028
7.4.7.3 Japan power strip market, by protection, 2016 - 2028
7.4.7.4 Japan power strip market, by application, 2016 - 2028
7.4.8 Rest of Asia Pacific
7.4.8.1 Rest of Asia Pacific power strip market, 2016 - 2028
7.4.8.2 Rest of Asia Pacific power strip market, by type, 2016 - 2028
7.4.8.3 Rest of Asia Pacific power strip market, by protection, 2016 - 2028
7.4.8.4 Rest of Asia Pacific power strip market, by application, 2016 - 2028
7.5 Latin America
7.5.1 Latin America power strip market, 2016 - 2028
7.5.2 Latin America power strip market, by type, 2016 - 2028
7.5.3 Latin America power strip market, by protection, 2016 - 2028
7.5.4 Latin America power strip market, by application, 2016 - 2028
7.5.5 Brazil
7.5.5.1 Brazil power strip market, 2016 - 2028
7.5.5.2 Brazil power strip market, by type, 2016 - 2028
7.5.5.3 Brazil power strip market, by protection, 2016 - 2028
7.5.5.4 Brazil power strip market, by application, 2016 - 2028
7.5.6 Mexico
7.5.6.1 Mexico power strip market, 2016 - 2028
7.5.6.2 Mexico power strip market, by type, 2016 - 2028
7.5.6.3 Mexico power strip market, by protection, 2016 - 2028
7.5.6.4 Mexico power strip market, by application, 2016 - 2028
7.5.7 Rest of Latin America
7.5.7.1 Rest of Latin America power strip market, 2016 - 2028
7.5.7.2 Rest of Latin America power strip market, by type, 2016 - 2028
7.5.7.3 Rest of Latin America power strip market, by protection, 2016 - 2028
7.5.7.4 Rest of Latin America power strip market, by application, 2016 - 2028
7.6 MEA
7.6.1 MEA power strip market, 2016 - 2028
7.6.2 MEA power strip market, by type, 2016 - 2028
7.6.3 MEA power strip market, by protection, 2016 - 2028
7.6.4 MEA power strip market, by application, 2016 - 2028
7.6.5 South Africa
7.6.5.1 South Africa power strip market, 2016 - 2028
7.6.5.2 South Africa power strip market, by type, 2016 - 2028
7.6.5.3 South Africa power strip market, by protection, 2016 - 2028
7.6.5.4 South Africa power strip market, by application, 2016 - 2028
7.6.6 Rest of Middle East & Africa
7.6.6.1 Rest of Middle East & Africa power strip market, 2016 - 2028
7.6.6.2 Rest of Middle East & Africa power strip market, by type, 2016 - 2028
7.6.6.3 Rest of Middle East & Africa power strip market, by protection, 2016 - 2028
7.6.6.4 Rest of Middle East & Africa power strip market, by application, 2016 - 2028
Chapter 8 Competitive Analysis
8.1 Company Categorization
8.2 Company Market Position Analysis
Chapter 9 Competitive Landscape
9.1 General Electric
9.1.1 Company overview
9.1.2 Financial performance
9.1.3 Product benchmarking
9.2 Belkin
9.2.1 Company overview
9.2.2 Financial performance
9.2.3 Product benchmarking
9.3 Leviton
9.3.1 Company overview
9.3.2 Financial performance
9.3.3 Product benchmarking
9.3.4 Recent Development
9.4 Schneider
9.4.1 Company overview
9.4.2 Financial performance
9.4.3 Product benchmarking
9.5 Legrand
9.5.1 Company overview
9.5.2 Financial performance
9.5.3 Product benchmarking
9.6 Philips
9.6.1 Company overview
9.6.2 Financial performance
9.6.3 Product benchmarking
9.7 Siemens
9.7.1 Company overview
9.7.2 Financial performance
9.7.3 Product benchmarking
9.8 ABB
9.8.1 Company overview
9.8.2 Financial performance
9.8.3 Product benchmarking
9.9 Panasonic
9.9.1 Company overview
9.9.2 Financial performance
9.9.3 Product benchmarking
9.10 Cyberpower
9.10.1 Company overview
9.10.2 Financial performance
9.10.3 Product benchmarking
9.10.4 Recent Development
9.11 Delixi Electric
9.11.1 Company overview
9.11.2 Financial performance
9.11.3 Product benchmarking
9.12 Falconer Electronics
9.12.1 Company overview
9.12.2 Financial performance
9.12.3 Product benchmarking
List of Tables
Table 1 Power strips market - Industry snapshot & key buying criteria, 2016 - 2028
Table 2 Global power strips market, 2016 - 2028 (USD Million)
Table 3 Global power strips market, by region, 2016 - 2028 (USD Million)
Table 4 Global power strips market, by type, 2016 - 2028 (USD Million)
Table 5 Global power strips market, by protection, 2016 - 2028 (USD Million)
Table 6 Global power strips market, by application, 2016 - 2028 (USD Million)
Table 7 Smart power strip market, 2016 - 2028 (USD Million)
Table 8 Smart power strip market, by region, 2016 - 2028 (USD Million)
Table 9 Common power strip market, 2016 - 2028 (USD Million)
Table 10 Common power strip market, by region, 2016 - 2028 (USD Million)
Table 11 Specialized power strip market, 2016 - 2028 (USD Million)
Table 12 Specialized power strip market, by region, 2016 - 2028 (USD Million)
Table 13 Surge protection power strip market, 2016 - 2028 (USD Million)
Table 14 Surge protection power strip market, by region, 2016 - 2028 (USD Million)
Table 15 Fuse-based Protection Power Strip Market, 2016 - 2028 (USD Million)
Table 16 Fuse-based protection power strip market, by region, 2016 - 2028 (USD Million)
Table 17 Other power strip market, 2016 - 2028 (USD Million)
Table 18 Other power strip market, by region, 2016 - 2028 (USD Million)
Table 19 Household power strip market, 2016 - 2028 (USD Million)
Table 20 Household power strip market, by region, 2016 - 2028 (USD Million)
Table 21 Commercial power strip market, 2016 - 2028 (USD Million)
Table 22 Commercial power strip market, by region, 2016 - 2028 (USD Million)
Table 23 Industrial power strip market, 2016 - 2028 (USD Million)
Table 24 Industrial power strip market, by region, 2016 - 2028 (USD Million)
Table 25 North America power strip market, 2016 - 2028 (USD Million)
Table 26 North America power strip market, by type, 2016 - 2028 (USD Million)
Table 27 North America power strip market, by protection, 2016 - 2028 (USD Million)
Table 28 North America power strip market, by application, 2016 - 2028 (USD Million)
Table 29 U.S. power strip market, 2016 - 2028 (USD Million)
Table 30 U.S. Power strip market, by type, 2016 - 2028 (USD Million)
Table 31 U.S. Power strip market, by protection, 2016 - 2028 (USD Million)
Table 32 U.S. Power strip market, by application, 2016 - 2028 (USD Million)
Table 33 Canada Power Strip Market, 2016 - 2028 (USD Million)
Table 34 Canada Power strip market, by type, 2016 - 2028 (USD Million)
Table 35 Canada Power strip market, by protection, 2016 - 2028 (USD Million)
Table 36 Canada Power strip market, by application, 2016 - 2028 (USD Million)
Table 37 Europe Power Strip Market, 2016 - 2028 (USD Million)
Table 38 Europe Power strip market, by type, 2016 - 2028 (USD Million)
Table 39 Europe Power strip market, by protection, 2016 - 2028 (USD Million)
Table 40 Europe Power strip market, by application, 2016 - 2028 (USD Million)
Table 41 Germany Power Strip Market, 2016 - 2028 (USD Million)
Table 42 Germany Power strip market, by type, 2016 - 2028 (USD Million)
Table 43 Germany Power strip market, by protection, 2016 - 2028 (USD Million)
Table 44 Germany Power strip market, by application, 2016 - 2028 (USD Million)
Table 45 U.K. Power Strip Market, 2016 - 2028 (USD Million)
Table 46 U.K. Power strip market, by type, 2016 - 2028 (USD Million)
Table 47 U.K. Power strip market, by protection, 2016 - 2028 (USD Million)
Table 48 U.K. Power strip market, by application, 2016 - 2028 (USD Million)
Table 49 France Power Strip Market, 2016 - 2028 (USD Million)
Table 50 France Power strip market, by type, 2016 - 2028 (USD Million)
Table 51 France Power strip market, by protection, 2016 - 2028 (USD Million)
Table 52 France Power strip market, by application, 2016 - 2028 (USD Million)
Table 53 Italy Power Strip Market, 2016 - 2028 (USD Million)
Table 54 Italy Power strip market, by type, 2016 - 2028 (USD Million)
Table 55 Italy Power strip market, by protection, 2016 - 2028 (USD Million)
Table 56 Italy Power strip market, by application, 2016 - 2028 (USD Million)
Table 57 Rest Of Europe Power Strip Market, 2016 - 2028 (USD Million)
Table 58 Rest Of Europe Power strip market, by type, 2016 - 2028 (USD Million)
Table 59 Rest Of Europe Power strip market, by protection, 2016 - 2028 (USD Million)
Table 60 Rest Of Europe Power strip market, by application, 2016 - 2028 (USD Million)
Table 61 Asia Pacific Power Strip Market, 2016 - 2028 (USD Million)
Table 62 Asia Pacific power strip market, by type, 2016 - 2028 (USD Million)
Table 63 Asia Pacific Power strip market, by protection, 2016 - 2028 (USD Million)
Table 64 Asia Pacific Power strip market, by application, 2016 - 2028 (USD Million)
Table 65 China Power Strip Market, 2016 - 2028 (USD Million)
Table 66 China Power strip market, by type, 2016 - 2028 (USD Million)
Table 67 China Power strip market, by protection, 2016 - 2028 (USD Million)
Table 68 China Power strip market, by application, 2016 - 2028 (USD Million)
Table 69 India Power Strip Market, 2016 - 2028 (USD Million)
Table 70 India Power strip market, by type, 2016 - 2028 (USD Million)
Table 71 India Power strip market, by protection, 2016 - 2028 (USD Million)
Table 72 India Power strip market, by application, 2016 - 2028 (USD Million)
Table 73 Japan Power Strip Market, 2016 - 2028 (USD Million)
Table 74 Japan Power strip market, by type, 2016 - 2028 (USD Million)
Table 75 Japan Power strip market, by protection, 2016 - 2028 (USD Million)
Table 76 Japan Power strip market, by application, 2016 - 2028 (USD Million)
Table 77 Rest Of Asia Pacific Power Strip Market, 2016 - 2028 (USD Million)
Table 78 Rest Of Asia Pacific Power strip market, by type, 2016 - 2028 (USD Million)
Table 79 Rest Of Asia Pacific Power strip market, by protection, 2016 - 2028 (USD Million)
Table 80 Rest Of Asia Pacific Power strip market, by application, 2016 - 2028 (USD Million)
Table 81 Latin America Power Strip Market, 2016 - 2028 (USD Million)
Table 82 Latin America Power strip market, by type, 2016 - 2028 (USD Million)
Table 83 Latin America Power strip market, by protection, 2016 - 2028 (USD Million)
Table 84 Latin America Power strip market, by application, 2016 - 2028 (USD Million)
Table 85 Brazil Power Strip Market, 2016 - 2028 (USD Million)
Table 86 Brazil Power strip market, by type, 2016 - 2028 (USD Million)
Table 87 Brazil Power strip market, by protection, 2016 - 2028 (USD Million)
Table 88 Brazil Power strip market, by application, 2016 - 2028 (USD Million)
Table 89 Mexico Power Strip Market, 2016 - 2028 (USD Million)
Table 90 Mexico Power strip market, by type, 2016 - 2028 (USD Million)
Table 91 Mexico Power strip market, by protection, 2016 - 2028 (USD Million)
Table 92 Mexico Power strip market, by application, 2016 - 2028 (USD Million)
Table 93 Rest Of Latin America Power Strip Market, 2016 - 2028 (USD Million)
Table 94 Rest Of Latin America Power strip market, by type, 2016 - 2028 (USD Million)
Table 95 Rest Of Latin America Power strip market, by protection, 2016 - 2028 (USD Million)
Table 96 Rest Of Latin America Power strip market, by application, 2016 - 2028 (USD Million)
Table 97 MEA Power Strip Market, 2016 - 2028 (USD Million)
Table 98 MEA Power strip market, by type, 2016 - 2028 (USD Million)
Table 99 MEA Power strip market, by protection, 2016 - 2028 (USD Million)
Table 100 MEA Power strip market, by application, 2016 - 2028 (USD Million)
Table 101 South Africa Power Strip Market, 2016 - 2028 (USD Million)
Table 102 South Africa Power strip market, by type, 2016 - 2028 (USD Million)
Table 103 South Africa Power strip market, by protection, 2016 - 2028 (USD Million)
Table 104 South Africa Power strip market, by application, 2016 - 2028 (USD Million)
Table 105 Rest Of Middle East & Africa Power Strip Market, 2016 - 2028 (USD Million)
Table 106 Rest Of Middle East & Africa Power strip market, by type, 2016 - 2028 (USD Million)
Table 107 Rest Of Middle East & Africa Power strip market, by protection, 2016 - 2028 (USD Million)
Table 108 Rest Of Middle East & Africa Power strip market, by application, 2016 - 2028 (USD Million)
List of Figures
Fig. 1 Market segmentation and scope
FIG. 2 Power strip market - Market dynamics
FIG. 3 Power strip market - Key market driver impact
FIG. 4 Power strip market - Key market challenge impact
FIG. 5 Power strip market - Porter’s five forces analysis
FIG. 6 Power strip market - PESTEL analysis
FIG. 7 Power strip market, by type, 2020
FIG. 8 Power strip market, by protection, 2020
FIG. 9 Power strip market, by application, 2020
FIG. 10 Power strip market, by region, 2020
FIG. 11 Power strip market - Regional takeaways
FIG. 12 North America power strip market - Key takeaways
FIG. 13 Europe power strip market - Key takeaways
FIG. 14 Asia Pacific power strip market - Key takeaways
FIG. 15 Latin America power strip market - Key takeaways
FIG. 16 MEA power strip market - Key takeaways
FIG. 17 Power strip market - Company market position analysis, 2020

Companies Mentioned

  • General Electric
  • Belkin
  • Leviton
  • Schneider
  • Legrand
  • Philips
  • Siemens
  • ABB
  • Panasonic
  • Cyberpower
  • Delixi Electric
  • Falconer Electronics

Methodology

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