Smart Wi-Fi Power Strip Market Growth, Regional Outlook, Top Key Players and Outlook 2028

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The global Smart Wi-Fi Power Strip market size is expected to reach USD 4.95 billion by 2028 at a CAGR of 19.8%, according to a new report by Emergen Research.

This report on the global Smart wi-fi power strip market gives a thorough study that is primarily focused on top players and their business stratagem, geographical extent, market segments, competitive landscape, manufacturing, and pricing and cost structures. In terms of application.

These devices help ensure the safety and maintenance of smart home devices and decrease the chances of malfunction or damage. Substantial increase in market revenue can be attributed to growing adoption of smart homes and home automation devices, increasing compatibility of power strips with virtual assistants such as Alexa, Cortana, Siri, or Google Assistant, improved Wi-Fi connectivity for home and office settings, and rising focus on safety of smart home appliances.

Read More@: https://www.emergenresearch.com/industry-report/smart-wifi-power-strip-market

Some Key Highlights of the Report:

TP-Link (Kasa Smart), Felion Technologies Company Limited (Vocolinc), D-Link Corporation, ConnectSense, Aracky, Belkin, Lasco, Lanberg, Teckin, Acme, Gosund, myLumii, Lexsong, and LeFun are some of the top companies operating in the global smart wi-fi power strip market.

North America was the leading regional market in the global smart wi-fi power strip market in 2020. Increasing adoption of smart homes and high disposable incomes of consumers in the region are key factors driving the North America market growth to a major extent.

The smart wi-fi power strip market in Asia Pacific is projected to register the highest revenue growth rate during the forecast period, owing to many favorable factors. Changing lifestyles, increasing purchasing power of consumers, particularly in the developing countries like China and India, growing adoption of home automation devices, and rising demand for high-end and high-performance electronic devices are the major factors driving the Asia Pacific market growth.

In terms of application, the global smart wi-fi power strip market is segmented into household, commercial, industrial, and others. The commercial segment is projected to register the highest revenue growth rate in the coming years. Factors contributing to the growth of this segment are increasing commercial applications of smart wi-fi power strips including use in workplaces and offices, and rising demand for these devices due to various advantages such as greater convenience, reduced power consumption, and remote access.

For the purpose of this report, the global smart wi-fi power strip market is segmented on the basis of product type, application, distribution channel, and region:

Product Type Outlook (Revenue, USD Billion; 2018-2028)

Indoor power strip

Outdoor power strip

Application Outlook (Revenue, USD Billion; 2018-2028)

Household

Commercial

Industrial

Others

Distribution Channel Outlook (Revenue, USD Billion; 2018-2028)

Online channels

Offline Stores

Regional Outlook: (Revenue, USD Billion; 2018-2028)

North America (U.S.) (Canada) (Mexico)Europe (Germany) (UK) (France) (BENELUX) (Rest of Europe)

Asia Pacific (China) (Japan) (South Korea) (Rest of APAC)

Latin America (Brazil) (Rest of LATAM)

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Table of Content

Chapter 1. Methodology Sources

1.1. Market Definition

1.2. Research Scope

1.3. Methodology

1.4. Research Sources

1.4.1. Primary

1.4.2. Secondary

1.4.3. Paid Sources

1.5. Market Estimation Technique

Chapter 2. Executive Summary

2.1. Summary Snapshot, 2020-2028

Chapter 3. Key Insights

Chapter 4. Smart Wi-Fi Power Strip Market Segmentation Impact Analysis

4.1. Smart Wi-Fi Power Strip Market Material Segmentation Analysis

4.2. Industrial Outlook

4.2.1. Market indicators analysis

4.2.2. Market drivers analysis

4.2.2.1. Remote monitoring of household/office electronics

4.2.2.2. Advancement in technology

4.2.3. Market restraints analysis

4.2.3.1. Power detection challenge

4.3. Technological Insights

4.4. Regulatory Framework

4.5. Porter’s Five Forces Analysis

4.6. Competitive Metric Space Analysis

4.7. Price trend Analysis

4.8. Covid-19 Impact Analysis

Chapter 5. Smart Wi-Fi Power Strip Market By Product Type Insights Trends, Revenue (USD Billion)

Chapter 6. Smart Wi-Fi Power Strip Market By Application Insights Trends, Revenue (USD Billion)

Chapter 7. Smart Wi-Fi Power Strip Market By Distribution Channel Insights Trends Revenue (USD Billion)

Chapter 8. Smart Wi-Fi Power Strip Market Regional Outlook

Chapter 9. Competitive Landscape

Chapter 10. Company Profiles

Continue…

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