Press release
Smart Wi-Fi Power Strip Market Booming by Size, Trends, Outlook 2020 | Top Key Players: TP-Link (Kasa Smart), Felion Technologies Company Limited (Vocolinc)
Smart Wi-Fi Power Strip Market
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. 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.
Smart wi-fi power strips are increasingly being used to control and monitor smart home devices and appliances remotely. These devices help ensure the safety and maintenance of smart home devices and decrease the chances of malfunction or damage. These electric strips are Wi-Fi enabled and feature built-in surge protection that keeps sensitive electronic appliances safe during sudden power surges caused by extreme weather conditions. Smart wi-fi power strips are equipped with advanced voice control features, energy monitoring features, and smart outlets with in-built USB ports. These devices are ideal for controlling smart and connected devices at home or in game rooms or home office set-ups.
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Competitive Landscape:
The latest study provides an insightful analysis of the broad competitive landscape of the global Smart Wi-Fi Power Strip market, emphasizing the key market rivals and their company profiles. A wide array of strategic initiatives, such as new business deals, mergers & acquisitions, collaborations, joint ventures, technological upgradation, and recent product launches, undertaken by these companies has been discussed in the report. The report analyzes various elements of the market's competitive scenario, such as the regulatory standards and policies implemented across the industry over recent years. Our team of experts has leveraged several powerful analytical tools, such as Porter's Five Forces analysis and SWOT analysis, to deliver a comprehensive overview of the global Smart Wi-Fi Power Strip market and pinpoint the fundamental growth trends.
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.
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
To Visit Full Report & Table of Contents Smart Wi-Fi Power Strip Market: https://www.emergenresearch.com/industry-report/smart-wifi-power-strip-market
Our market research report covers market share, size, CAGR, industry analysis, go to market strategy, SWOT analysis, sales, revenue , key players, information on products and application, countries and much more
Regional Segmentation:
North America
Latin America
Europe
Middle East & Africa
Asia Pacific
The global Smart Wi-Fi Power Strip Market is carefully researched in the report while largely concentrating on top players and their business tactics, geographical expansion, market segments, competitive landscape, manufacturing, and pricing and cost structures. Each section of the research study is specially prepared to explore key aspects of the Market. For instance, the market dynamics section digs deep into the drivers, restraints, trends, and opportunities of the global Smart Wi-Fi Power Strip Market. With qualitative and quantitative analysis, we help you with thorough and comprehensive research on the global Smart Wi-Fi Power Strip Market. We have also focused on SWOT, PESTLE, and Porter's Five Forces analyses of the global Smart Wi-Fi Power Strip Market.
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Report Highlights:
Besides offering a vivid depiction of the global Smart Wi-Fi Power Strip business sphere and its fundamental operations, the latest report provides the industrial chain analysis and list down the current and future market trends and growth opportunities.
The report includes information on the present and historical market scenarios, which helps forecast the market conditions over the next eight years (2020-2027).
The report scrutinizes the salient factors influencing the growth of the market in the near future.
The strategic marketing recommendations, crucial information related to the new market entrants, and expansion plans of various businesses are poised to provide the reader with a competitive edge in the market.
This is a professional and in-depth study on the current state of the Global Smart Wi-Fi Power Strip Market. The report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Smart Wi-Fi Power Strip Market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status. Development policies and plans are also discussed and manufacturing processes and cost structures analyzed. Smart Wi-Fi Power Strip Market import/export consumption, supply and demand figures and cost price and production value gross margins are also provided.
Thank you for reading our report. Please get in touch with us if you have any query regarding the report or its customization. Our team will ensure the report is best suited to your needs.
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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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