Global Smart Power Strips market cagr 11.5%

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Smart Power Strips Market

Smart Power Strips Market Scope: Industry Analysis,

Market Size, Growth, Trends Till 2031

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Smart Power Strips Market Size and Growth

The Smart Power Strips market is experiencing significant growth, driven by increasing energy efficiency awareness and technology adoption. As of 2023, the market is valued at approximately $1.2 billion, with a projected CAGR of 10% over the next five years, reflecting heightened consumer demand for smart home solutions and energy management.

Companies Covered

(Covid 19 Impact Covered)

◍ Fujitsu

◍ TP-Link

◍ Kasa

◍ Gosund

◍ TrickleStar

◍ Revogi

◍ Lexsong

◍ Homeflow

◍ Lasco

◍ Manzoku

◍ Heyvalue

◍ Teckin

◍ Shenzhen Posher Electric Co

The Smart Power Strips Market features companies like Fujitsu, TP-Link, and Kasa, leveraging IoT technology for energy efficiency. They enhance market growth through innovative features and partnerships. Companies like TrickleStar and Revogi focus on eco-friendly designs, boosting sales. Sales figures include TP-Link at approximately $4.5 billion annually.

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Market Segmentation

By Application

Household

Commercial

Industrial

By Product

◍ Price, < 30 USD

Price, 31-50 USD

Price, > 50 USD

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Market Growth

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$ X Billion USD

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