Power Strips Market, By Product Type (Indoor Power Strip, Outdoor Power Strip), Application (Household, Commercial, Industrial), Distribution Channel (Online, Offline) and Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America)
Market Overview
Global Power Strips market is anticipated to reach USD 9.4 billion in 2021 growing at a CAGR of 6.4% during the forecasting period, 2021–2028.
Power Strip popularly known as extension lead is a rectangular box with multiple electric socket which are connected to a flexible wire in the end. Its used when multiple electric devices are to be used in proximity with each other. The power strip are majorly used against electric power surge. This protection is provided by surge protector or EMI/RFI filters which come inbuilt in multiple power strips. The common style of Power Strip include strip, rack-mount, and under-monitor and direct plug-in and have house hold usage.
With an advancement in technology along with the remote monitoring of office electronics are some of the factors that have supported long-term expansion for Power Strips industry.
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Key Findings in the Report:
Global Power Strips market is segmented into Product Type, Application, Distribution Channel and geography.
Product Type segment is segmented into Indoor Power Strip, Outdoor Power Strip
Application segment is segmented into Household, Commercial, Industrial
Distribution Channel segment is segmented into Online, Offline
Geographically, global Power Strips market is sub segmented into North America, Europe, Asia-Pacific, Middle East and Africa and South America and insights are provided for each region and major countries within the regions
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Key players in global Power Strips market are:
D-Link,
Aracky,
TP-Link,
Belkin,
Acme,
Xergy,
myLumii,
Lanberg,
Teckin, and
Gosund
Reasons to Acquire
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• In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns
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The Power Strips Market report answers a number of crucial questions, including:
Which companies dominate the Power Strips Market?
What current trends will influence the market over the next few years?
What are the market’s opportunities, obstacles, and driving forces?
What predictions for the future can help with strategic decision-making?
What advantages does market research offer businesses?
Which particular market segments should industry players focus on in order to take advantage of the most recent technical advancements?
What is the anticipated growth rate for the market economy globally?
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