Product Code: MRFR/E&P/10795-CR
Market Overview
Power Strip Market is expected to register a CAGR of 4.3% during the review period. A power strip is also known as an expansion block, power board, power bar, plug board, or multi-attachment additional line, is a gadget that permits different electrical gadgets to be associated with a solitary power source. It regularly comprises of a plastic or metal lodging with numerous power plugs (attachments) into which you can plug different electronic or electrical gadgets.
One of the essential drivers of the power strip market is the rising number of electronic gadgets in homes and working environments. With the expansion of cell phones, PCs, tablets, brilliant televisions, gaming consoles, and other electronic contraptions, the requirement for extra power outlets has developed considerably. Purchasers and organizations depend on power strips to advantageously charge and power various gadgets at the same time, driving the interest in power strips with different outlets and USB charging ports. As shopper hardware become more reasonable and open, individuals are claiming and utilizing a more noteworthy number of gadgets. This incorporates cell phones, workstations, tablets, tablets, smartwatches, and different other compact contraptions. Moreover, the expansion of savvy home gadgets like voice partners, indoor regulators, and surveillance cameras adds to the developing number of electronic gadgets in families. With restricted wall power source accessible, power strips give a functional answer for charging and working various gadgets at the same time.
Market Segmentation
The Power Strip Market based on type is classified into common power strip, smart power strip, and specialized power strip.
Based on protection type, the market is divided into surge protection and fuse-based protection.
In terms of application, the market is categorized as household, commercial, and industrial.
Regional Insights
The sizable power strip industry in North America is probably going to make the region the biggest extending worldwide market for power strip. North America has one of the greatest reception paces of electronic gadgets on the planet. The region has an enormous populace of educated customers who own many electronic devices, including cell phones, workstations, tablets, gaming consoles, savvy televisions, and that's only the tip of the iceberg. As the quantity of gadgets per family keeps on expanding, the interest in power strips with different outlets and USB charging ports develops, driving market development. North America has seen a critical shift towards remote work, even before the Coronavirus pandemic sped up this pattern. The continuous reception of remote work has prompted a flood in workspaces and the requirement for power strips to oblige the power necessities of PCs, monitors, printers, and other office gear. With a significant part of the North American labor force currently working from a distance or in half breed plans, the interest in power strips stays high.
Major Players
The major players operating in the market are ABB Ltd, (Switzerland), Siemens AG (Munich), Schneider Electric SE (Paris), Delixi Electric Ltd (China), General Electric (US), Belkin International Inc. (US), Falconer Electronics (US), Panasonic Corporation (Japan), Legrand SA (France), and Cyber Power Systems Inc. (US).
TABLE OF CONTENTS
TABLE OF CONTENTS
1 EXECUTIVE SUMMARY
- 1.1 GLOBAL POWER STRIP MARKET, BY TYPE
- 1.2 GLOBAL POWER STRIP MARKET, BY PROTECTION TYPE
- 1.3 GLOBAL POWER STRIP MARKET, BY APPLICATION
2 MARKET INTRODUCTION
- 2.1 DEFINITION
- 2.2 SCOPE OF THE STUDY
- 2.3 RESEARCH OBJECTIVE
- 2.4 MARKET STRUCTURE
3 RESEARCH METHODOLOGY
- 3.1 RESEARCH PROCESS
- 3.2 PRIMARY RESEARCH
- 3.3 SECONDARY RESEARCH
- 3.4 MARKET SIZE ESTIMATION
- 3.5 FORECAST MODEL
- 3.6 LIST OF ASSUMPTIONS
4 MARKET DYNAMICS
- 4.1 INTRODUCTION
- 4.2 DRIVERS
- 4.2.1 INCREASING USE OF ELECTRONIC DEVICES
- 4.2.2 INCREASING DEMAND FOR NEW RESIDENTIAL BUILDINGS
- 4.2.3 DRIVERS IMPACT ANALYSIS
- 4.3 RESTRAINTS
- 4.3.1 LACK OF STANDARDIZATION
- 4.3.2 RESTRAINTS IMPACT ANALYSIS
- 4.4 OPPORTUNITIES
- 4.4.1 ADOPTION OF NEW TECHNOLOGY
- 4.5 IMPACT ANALYSIS OF COVID-19
- 4.5.1 IMPACT ON OVERALL ENERGY INDUSTRY
- 4.5.2 IMPACT ON THE POWER STRIP MARKET
- 4.5.3 IMPACT ON SUPPLY CHAIN OF POWER STRIP MARKET
- 4.5.3.1 PRICE VARIATION OF KEY RAW MATERIALS
- 4.5.3.2 PRODUCTION SHUTDOWN
- 4.5.3.3 CASH FLOW CONSTRAINTS
- 4.5.3.4 IMPACT ON IMPORT/EXPORT
- 4.5.4 IMPACT ON THE MARKET DEMAND FOR POWER STRIP
- 4.5.4.1 IMPACT DUE TO RESTRICTIONS/LOCKDOWN
- 4.5.4.2 CONSUMER SENTIMENTS
- 4.5.5 IMPACT ON PRICING OF POWER STRIP
5 MARKET FACTOR ANALYSIS
- 5.1 SUPPLY CHAIN ANALYSIS
- 5.1.1 RAW MATERIAL SUPPLY
- 5.1.2 MANUFACTURE
- 5.1.3 DISTRIBUTION
- 5.1.4 END-USE
- 5.2 PORTER'S FIVE FORCES MODEL
- 5.2.1 THREAT OF NEW ENTRANTS
- 5.2.2 BARGAINING POWER OF SUPPLIERS
- 5.2.3 THREAT OF SUBSTITUTES
- 5.2.4 BARGAINING POWER OF BUYERS
- 5.2.5 INTENSITY OF RIVALRY
6 GLOBAL POWER STRIP MARKET, BY TYPE
- 6.1 OVERVIEW
- 6.1.1 COMMON POWER STRIP
- 6.1.2 SMART POWER STRIP
- 6.1.3 SPECIALIZED POWER STRIP
7 GLOBAL POWER STRIP MARKET, BY PROTECTION TYPE
- 7.1 OVERVIEW
- 7.1.1 SURGE PROTECTION
- 7.1.2 FUSE BASED PROTECTION
8 GLOBAL POWER STRIP MARKET, BY APPLICATION
- 8.1 OVERVIEW
- 8.1.1 HOUSEHOLD
- 8.1.2 COMMERCIAL
- 8.1.3 INDUSTRIAL
9 GLOBAL POWER STRIP MARKET, BY REGION
- 9.1 OVERVIEW
- 9.1.1 GLOBAL POWER STRIP MARKET, BY REGION, 2018-2027
- 9.2 EUROPE
- 9.2.1 EUROPE: POWER STRIP MARKET, BY COUNTRY, 2018-2027
- 9.2.2 EUROPE: POWER STRIP MARKET, BY TYPE, 2018-2027
- 9.2.2.1 EUROPE: POWER STRIP MARKET, BY PROTECTION TYPE, 2018-2027
- 9.2.3 EUROPE: POWER STRIP MARKET, BY APPLICATION, 2018-2027
- 9.2.4 GERMANY
- 9.2.4.1 GERMANY: POWER STRIP MARKET, BY TYPE, 2018-2027
- 9.2.4.2 GERMANY: POWER STRIP MARKET, BY PROTECTION TYPE, 2018-2027
- 9.2.4.3 GERMANY: POWER STRIP MARKET, BY APPLICATION, 2018-2027
- 9.2.5 FRANCE
- 9.2.5.1 FRANCE: POWER STRIP MARKET, BY TYPE, 2018-2027
- 9.2.5.2 FRANCE: POWER STRIP MARKET, BY PROTECTION TYPE, 2018-2027
- 9.2.5.3 FRANCE: POWER STRIP MARKET, BY APPLICATION, 2018-2027
- 9.2.6 UK
- 9.2.6.1 UK: POWER STRIP MARKET, BY TYPE, 2018-2027
- 9.2.6.2 UK: POWER STRIP MARKET, BY PROTECTION TYPE, 2018-2027
- 9.2.6.3 UK: POWER STRIP MARKET, BY APPLICATION, 2018-2027
- 9.2.7 ITALY
- 9.2.7.1 ITALY: POWER STRIP MARKET, BY TYPE, 2018-2027
- 9.2.7.2 ITALY: POWER STRIP MARKET, BY PROTECTION TYPE, 2018-2027
- 9.2.7.3 ITALY: POWER STRIP MARKET, BY APPLICATION, 2018-2027
- 9.2.8 REST OF EUROPE
- 9.2.8.1 REST OF EUROPE: POWER STRIP MARKET, BY TYPE, 2018-2027
- 9.2.8.2 REST OF EUROPE: POWER STRIP MARKET, BY PROTECTION TYPE, 2018-2027
- 9.2.8.3 REST OF EUROPE: POWER STRIP MARKET, BY APPLICATION, 2018-2027
- 9.3 NORTH AMERICA
- 9.3.1 NORTH AMERICA: POWER STRIP MARKET, BY COUNTRY, 2018-2027
- 9.3.2 NORTH AMERICA: POWER STRIP MARKET, BY TYPE, 2018-2027
- 9.3.2.1 NORTH AMERICA: POWER STRIP MARKET, BY PROTECTION TYPE, 2018-2027
- 9.3.3 NORTH AMERICA: POWER STRIP MARKET, BY APPLICATION, 2018-2027
- 9.3.4 US
- 9.3.4.1 US: POWER STRIP MARKET, BY TYPE, 2018-2027
- 9.3.4.2 US: POWER STRIP MARKET, BY PROTECTION TYPE, 2018-2027
- 9.3.4.3 US: POWER STRIP MARKET, BY APPLICATION, 2018-2027
- 9.3.5 CANADA
- 9.3.5.1 CANADA: POWER STRIP MARKET, BY TYPE, 2018-2027
- 9.3.5.2 CANADA: POWER STRIP MARKET, BY PROTECTION TYPE, 2018-2027
- 9.3.5.3 CANADA: POWER STRIP MARKET, BY APPLICATION, 2018-2027
- 9.3.6 MEXICO
- 9.3.6.1 MEXICO: POWER STRIP MARKET, BY TYPE, 2018-2027
- 9.3.6.2 MEXICO: POWER STRIP MARKET, BY PROTECTION TYPE, 2018-2027
- 9.3.6.3 MEXICO: POWER STRIP MARKET, BY APPLICATION, 2018-2027
- 9.4 ASIA-PACIFIC
- 9.4.1 ASIA-PACIFIC: POWER STRIP MARKET, BY COUNTRY, 2018-2027 (USD MILLION)
- 9.4.2 ASIA-PACIFIC: POWER STRIP MARKET, BY TYPE, 2018-2027
- 9.4.2.1 ASIA PACIFIC: POWER STRIP MARKET, BY PROTECTION TYPE, 2018-2027
- 9.4.3 ASIA-PACIFIC: POWER STRIP MARKET, BY APPLICATION, 2018-2027
- 9.4.4 CHINA
- 9.4.4.1 CHINA: POWER STRIP MARKET, BY TYPE, 2018-2027
- 9.4.4.2 . CHINA: POWER STRIP MARKET, BY PROTECTION TYPE, 2018-2027
- 9.4.4.3 CHINA: POWER STRIP MARKET, BY APPLICATION, 2018-2027
- 9.4.5 JAPAN
- 9.4.5.1 JAPAN: POWER STRIP MARKET, BY TYPE, 2018-2027
- 9.4.5.2 JAPAN: POWER STRIP MARKET, BY PROTECTION TYPE, 2018-2027
- 9.4.5.3 JAPAN: POWER STRIP MARKET, BY APPLICATION, 2018-2027
- 9.4.6 INDIA
- 9.4.6.1 INDIA: POWER STRIP MARKET, BY TYPE, 2018-2027
- 9.4.6.2 INDIA: POWER STRIP MARKET, BY PROTECTION TYPE, 2018-2027
- 9.4.6.3 INDIA: POWER STRIP MARKET, BY APPLICATION, 2018-2027
- 9.4.7 REST OF ASIA PACIFIC
- 9.4.7.1 REST OF ASIA-PACIFIC: POWER STRIP MARKET, BY TYPE, 2018-2027
- 9.4.7.2 REST OF ASIA-PACIFIC: POWER STRIP MARKET, BY PROTECTION TYPE, 2018-2027
- 9.4.7.3 REST OF ASIA-PACIFIC: POWER STRIP MARKET, BY APPLICATION, 2018-2027
- 9.5 SOUTH AMERICA
- 9.5.1 SOUTH AMERICA: POWER STRIP MARKET, BY TYPE, 2018-2027
- 9.5.2 SOUTH AMERICA: POWER STRIP MARKET, BY PROTECTION TYPE, 2018-2027
- 9.5.3 SOUTH AMERICA: POWER STRIP MARKET, BY APPLICATION, 2018-2027
- 9.6 MIDDLE EAST & AFRICA
- 9.6.1 MIDDLE EAST & AFRICA: POWER STRIP MARKET, BY TYPE, 2018-2027
- 9.6.2 MIDDLE EAST & AFRICA: POWER STRIP MARKET, BY PROTECTION TYPE, 2018-2027
- 9.6.3 MIDDLE EAST & AFRICA: POWER STRIP MARKET, BY APPLICATION, 2018-2027
10 COMPETITIVE LANDSCAPE
- 10.1 OVERVIEW
- 10.2 COMPETITIVE BENCHMARKING
- 10.3 MARKET SHARE ANALYSIS
- 10.4 KEY DEVELOPMENTS IN THE GLOBAL POWER STRIP MARKET
- 10.4.1 PRODUCT LAUNCH
- 10.4.2 ACQUISITION
- 10.4.3 COLLABORATION
- 10.4.4 PARTNERSHIP
11 COMPANY PROFILES
- 11.1 ABB LTD
- 11.1.1 COMPANY OVERVIEW
- 11.1.2 FINANCIAL OVERVIEW
- 11.1.3 PRODUCTS OFFERED
- 11.1.4 KEY DEVELOPMENTS
- 11.1.5 SWOT ANALYSIS
- 11.1.6 KEY STRATEGIES
- 11.2 SIEMENS AG
- 11.2.1 COMPANY OVERVIEW
- 11.2.2 FINANCIAL OVERVIEW
- 11.2.3 PRODUCTS OFFERED
- 11.2.4 KEY DEVELOPMENTS
- 11.2.5 SWOT ANALYSIS
- 11.2.6 KEY STRATEGIES
- 11.3 SCHNEIDER ELECTRIC SE
- 11.3.1 COMPANY OVERVIEW
- 11.3.2 FINANCIAL OVERVIEW
- 11.3.3 PRODUCTS OFFERED
- 11.3.4 KEY DEVELOPMENTS
- 11.3.5 SWOT ANALYSIS
- 11.3.6 KEY STRATEGIES
- 11.4 DELIXI ELECTRIC LTD
- 11.4.1 COMPANY OVERVIEW
- 11.4.2 FINANCIAL OVERVIEW
- 11.4.3 PRODUCTS OFFERED
- 11.4.4 KEY DEVELOPMENTS
- 11.4.5 KEY STRATEGIES
- 11.5 GENERAL ELECTRIC
- 11.5.1 COMPANY OVERVIEW
- 11.5.2 FINANCIAL OVERVIEW
- 11.5.3 PRODUCTS OFFERED
- 11.5.4 KEY DEVELOPMENTS
- 11.5.5 SWOT ANALYSIS
- 11.5.6 KEY STRATEGIES
- 11.6 BELKIN INTERNATIONAL INC.
- 11.6.1 COMPANY OVERVIEW
- 11.6.2 FINANCIAL OVERVIEW
- 11.6.3 PRODUCTS OFFERED
- 11.6.4 KEY DEVELOPMENTS
- 11.6.5 SWOT ANALYSIS
- 11.6.6 KEY STRATEGIES
- 11.7 FALCONER ELECTRONICS
- 11.7.1 COMPANY OVERVIEW
- 11.7.2 FINANCIAL OVERVIEW
- 11.7.3 PRODUCTS OFFERED
- 11.7.4 KEY DEVELOPMENTS
- 11.7.5 SWOT ANALYSIS
- 11.7.6 KEY STRATEGIES
- 11.8 PANASONIC CORPORATION
- 11.8.1 COMPANY OVERVIEW
- 11.8.2 FINANCIAL OVERVIEW
- 11.8.3 PRODUCTS OFFERED
- 11.8.4 KEY DEVELOPMENTS
- 11.8.5 SWOT ANALYSIS
- 11.8.6 KEY STRATEGIES
- 11.9 LEGRAND SA
- 11.9.1 COMPANY OVERVIEW
- 11.9.2 FINANCIAL OVERVIEW
- 11.9.3 PRODUCTS OFFERED
- 11.9.4 KEY DEVELOPMENTS
- 11.9.5 SWOT ANALYSIS
- 11.9.6 KEY STRATEGIES
- 11.10 CYBER POWER SYSTEMS INC.
- 11.10.1 COMPANY OVERVIEW
- 11.10.2 FINANCIAL OVERVIEW
- 11.10.3 PRODUCTS OFFERED
- 11.10.4 KEY DEVELOPMENTS
- 11.10.5 SWOT ANALYSIS
- 11.10.6 KEY STRATEGIES