The global smart connected power plug socket market is expected to grow at a CAGR of around 12.5% during the forecast period, from 2021 to 2030. The market is driven by factors such as increasing demand for energy efficiency and cost-effectiveness, growing need for automation in the industry, and rising demand for IoT devices.
The global smart connected power plug socket market is segmented on the basis of type into WFi and Bluetooth; on the basis of application into offline distribution channel and online distribution channel; and on the basis of region into North America, Latin America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA). The APAC region accounted for a major share in terms of revenue in 2018 owing to high adoption rates among consumers in this region.
Some Of The Growth Factors Of This Market:
- The increasing demand for energy efficient products and the need to reduce carbon emissions are some of the factors driving the growth of this market.
- The increasing penetration of IoT devices in homes is also driving this market, as these devices require power supply and hence, more power sockets are required in homes.
- Increasing awareness about energy efficiency and sustainability among consumers is also driving this market, as it encourages them to buy smart-connected power plug sockets that can help them save on their electricity bills by automatically switching off when not in use or when there is an outage in electricity supply due to natural disasters or other reasons such as blackouts or brownouts etc, which helps reduce carbon emissions too.
Industry Growth Insights published a new data on “Smart-Connected Power Plug Socket Market”. The research report is titled “Smart-Connected Power Plug Socket Market research by Types (Wi-Fi, Bluetooth), By Applications (Offline Distribution Channel, Online Distribution Channel), By Players/Companies Honeywell International, Belkin International, D-Link Systems, Aeon Labs, Azpen Innovation, ADESSO, Safemore, BroadLink, ITEAD Intelligent Systems, Leviton Manufacturing”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Smart-Connected Power Plug Socket Market Research Report
By Type
Wi-Fi, Bluetooth
By Application
Offline Distribution Channel, Online Distribution Channel
By Companies
Honeywell International, Belkin International, D-Link Systems, Aeon Labs, Azpen Innovation, ADESSO, Safemore, BroadLink, ITEAD Intelligent Systems, Leviton Manufacturing
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Smart-Connected Power Plug Socket Market Report Segments:
The global Smart-Connected Power Plug Socket market is segmented on the basis of:
Types
Wi-Fi, Bluetooth
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Offline Distribution Channel, Online Distribution Channel
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Honeywell International
- Belkin International
- D-Link Systems
- Aeon Labs
- Azpen Innovation
- ADESSO
- Safemore
- BroadLink
- ITEAD Intelligent Systems
- Leviton Manufacturing
Highlights of The Smart-Connected Power Plug Socket Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Wi-Fi
- Bluetooth
- By Application:
- Offline Distribution Channel
- Online Distribution Channel
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Smart-Connected Power Plug Socket Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A Smart-Connected Power Plug Socket is a power outlet that can be controlled using a smartphone app. The app allows users to control the power usage of their devices, as well as receive notifications when there is an issue with the socket.
Some of the major players in the smart-connected power plug socket market are Honeywell International, Belkin International, D-Link Systems, Aeon Labs, Azpen Innovation, ADESSO, Safemore, BroadLink, ITEAD Intelligent Systems, Leviton Manufacturing.
The smart-connected power plug socket market is expected to register a CAGR of 12.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Smart-Connected Power Plug Socket Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Smart-Connected Power Plug Socket Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Smart-Connected Power Plug Socket Market - Supply Chain
4.5. Global Smart-Connected Power Plug Socket Market Forecast
4.5.1. Smart-Connected Power Plug Socket Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Smart-Connected Power Plug Socket Market Size (000 Units) and Y-o-Y Growth
4.5.3. Smart-Connected Power Plug Socket Market Absolute $ Opportunity
5. Global Smart-Connected Power Plug Socket Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Smart-Connected Power Plug Socket Market Size and Volume Forecast by Type
5.3.1. Wi-Fi
5.3.2. Bluetooth
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Smart-Connected Power Plug Socket Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Smart-Connected Power Plug Socket Market Size and Volume Forecast by Application
6.3.1. Offline Distribution Channel
6.3.2. Online Distribution Channel
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Smart-Connected Power Plug Socket Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Smart-Connected Power Plug Socket Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Smart-Connected Power Plug Socket Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Smart-Connected Power Plug Socket Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Smart-Connected Power Plug Socket Demand Share Forecast, 2019-2026
9. North America Smart-Connected Power Plug Socket Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Smart-Connected Power Plug Socket Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Smart-Connected Power Plug Socket Market Size and Volume Forecast by Application
9.4.1. Offline Distribution Channel
9.4.2. Online Distribution Channel
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Smart-Connected Power Plug Socket Market Size and Volume Forecast by Type
9.7.1. Wi-Fi
9.7.2. Bluetooth
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Smart-Connected Power Plug Socket Demand Share Forecast, 2019-2026
10. Latin America Smart-Connected Power Plug Socket Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Smart-Connected Power Plug Socket Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Smart-Connected Power Plug Socket Market Size and Volume Forecast by Application
10.4.1. Offline Distribution Channel
10.4.2. Online Distribution Channel
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Smart-Connected Power Plug Socket Market Size and Volume Forecast by Type
10.7.1. Wi-Fi
10.7.2. Bluetooth
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Smart-Connected Power Plug Socket Demand Share Forecast, 2019-2026
11. Europe Smart-Connected Power Plug Socket Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Smart-Connected Power Plug Socket Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Smart-Connected Power Plug Socket Market Size and Volume Forecast by Application
11.4.1. Offline Distribution Channel
11.4.2. Online Distribution Channel
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Smart-Connected Power Plug Socket Market Size and Volume Forecast by Type
11.7.1. Wi-Fi
11.7.2. Bluetooth
11.8. Basis Point Sare (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Smart-Connected Power Plug Socket Demand Share, 2019-2026
12. Asia Pacific Smart-Connected Power Plug Socket Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Smart-Connected Power Plug Socket Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Smart-Connected Power Plug Socket Market Size and Volume Forecast by Application
12.4.1. Offline Distribution Channel
12.4.2. Online Distribution Channel
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Smart-Connected Power Plug Socket Market Size and Volume Forecast by Type
12.7.1. Wi-Fi
12.7.2. Bluetooth
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Smart-Connected Power Plug Socket Demand Share, 2019-2026
13. Middle East & Africa Smart-Connected Power Plug Socket Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Smart-Connected Power Plug Socket Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Smart-Connected Power Plug Socket Market Size and Volume Forecast by Application
13.4.1. Offline Distribution Channel
13.4.2. Online Distribution Channel
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Smart-Connected Power Plug Socket Market Size and Volume Forecast by Type
13.7.1. Wi-Fi
13.7.2. Bluetooth
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Smart-Connected Power Plug Socket Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Smart-Connected Power Plug Socket Market: Market Share Analysis
14.2. Smart-Connected Power Plug Socket Distributors and Customers
14.3. Smart-Connected Power Plug Socket Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Honeywell International
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Belkin International
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. D-Link Systems
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Aeon Labs
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Azpen Innovation
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. ADESSO
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Safemore
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. BroadLink
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. ITEAD Intelligent Systems
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Leviton Manufacturing
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
