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.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.
Each section of the research study is explicitly prepared to explore crucial fragments of the global Smart wi-fi power strip market. For instance, the market dynamics section in the report gives an in-depth analysis of the drivers, restraints, trends, and opportunities in the global Smart wi-fi power strip market. With both qualitative and quantitative analysis, we provide you with thorough and comprehensive information on the global Smart wi-fi power strip market.
Read More@: https://www.emergenresearch.com/industry-report/smart-wifi-power-strip-market
Research Methodology
Data triangulation and market breakdown
Research assumptions Research data including primary and secondary data
Primary data includes breakdown of primaries and key industry insights
Secondary data includes key data from secondary sources
Some Key Highlights of the Report:
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.
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.
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.
Key questions answered in the report
What will be the market size in terms of value and volume in the next five years?
Which segment is currently leading the market?
In which region will the market find its highest growth?
Which players will take the lead in the market?
What are the key drivers and restraints of the market’s growth?
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)
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.
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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In fact, they are good places to start looking for opportunities to save substantial energy.That said, it's also important not to overlook the electrical consumption of various electronics around the house.
When using an electricity monitor, some people found that their particular TV and cable box combination consumed more energy than their refrigerator.
Therefore, seemingly small electronic equipment can generate surprises in terms of energy consumption.
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