Global Smart Plugs Market Growth 2024-2030

Global Smart Plugs Market Growth 2024-2030

Smart plugs transform ordinary appliances into smart appliances.

The global Smart Plugs market size is projected to grow from US$ 3446.4 million in 2023 to US$ 7153.6 million in 2030; it is expected to grow at a CAGR of 11.0% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Smart Plugs Industry Forecast” looks at past sales and reviews total world Smart Plugs sales in 2023, providing a comprehensive analysis by region and market sector of projected Smart Plugs sales for 2024 through 2030. With Smart Plugs sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Smart Plugs industry.

This Insight Report provides a comprehensive analysis of the global Smart Plugs landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Smart Plugs portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Smart Plugs market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Smart Plugs and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Smart Plugs.

In terms of geography, the Americas is one of the fastest growing regions in terms of global smart plug market and will continue to grow during the forecasted period as well. Some of the major factors responsible for the growing adoption of smart plugs in the region is the high acceptance of technologically advanced products among customers and the average disposable income of the population.

This report presents a comprehensive overview, market shares, and growth opportunities of Smart Plugs market by product type, application, key manufacturers and key regions and countries.

Segmentation by type
Bluetooth-Type
Wi-Fi-Type

Segmentation by application
Household Use
Commercial Use
Industrial Use

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Belkin
Etekcity
EDIMAX
Insteon
D-Link
BULL
Haier
Media
Grid Connect(ConnectSense)
SDI Technologies(IHom)
Panasonic
Samsung
TP-Link
Leviton
ISmartAlarm
Broadlink
Koogeek
Wyze
Xiaomi
Nyrius
Konke
Shenzhen Orvibo Electronics

Key Questions Addressed in this Report

What is the 10-year outlook for the global Smart Plugs market?

What factors are driving Smart Plugs market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Smart Plugs market opportunities vary by end market size?

How does Smart Plugs break out type, application?

Please note: The report will take approximately 2 business days to prepare and deliver.