Global Power Strip Market Size & Outlook, 2024-2030

The global power strip market size was estimated at USD 12,542.4 million in 2024 and is projected to reach USD 17,527.5 million by 2030, growing at a CAGR of 5.7% from 2025 to 2030.
Revenue, 2024 (US$M)
$12,542.4
Forecast, 2030 (US$M)
$17,527.5
CAGR, 2025 - 2030
5.7%
Report Coverage
Worldwide

Global power strip market highlights

  • The global power strip market generated a revenue of USD 12,542.4 million in 2024 and is expected to reach USD 17,527.5 million by 2030.
  • The market is expected to grow at a CAGR (2025 - 2030) of 5.7% by 2030.
  • In terms of segment, common power strip accounted for a revenue of USD 7,106.6 million in 2024.
  • Smart Power Strip is the most lucrative type segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2024.
  • Country-wise, India is expected to register the highest CAGR from 2025 to 2030.

Global data book summary

Market revenue in 2024USD 12,542.4 million
Market revenue in 2030USD 17,527.5 million
Growth rate5.7% (CAGR from 2025 to 2030)
Largest segmentCommon power strip
Fastest growing segmentSmart Power Strip
Historical data covered2018 - 2023
Base year for estimation2024
Forecast period covered2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSmart Power Strip, Common Power Strip, Specialized Power Strip

Other key industry trends

  • In terms of revenue, the North America accounted for 34.3% of the global power strip market in 2024.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, India is the fastest growing regional market and is projected to reach USD 1,272.6 million by 2030.

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Power Strip Market Companies

Name Profile # Employees HQ Website
Panasonic Industry View profile 1001-5000 Ottobrunn, Bayern, Germany, Europe https://www.panasonic-electric-works.co.uk
Haier View profile 10001+ Qingdao Shi, Shandong, China, Asia http://haier.com/in
Legrand SA View profile 33910 128, Avenue de Lattre de Tassigny, Cedex, Limoges, France, 87045 https://www.legrand.com
Leviton Manufacturing View profile 10001+ Melville, New York, United States, North America https://www.leviton.com
Belkin International View profile 5001-10000 Playa Vista, California, United States, North America http://www.belkin.com
Siemens AG View profile 321000 Werner-von-Siemens-Strabe 1, Munich, BY, Germany, 80333 https://www.siemens.com
ABB Ltd View profile 108700 Affolternstrasse 44, Zurich, Switzerland, 8050 https://www.abb.com
Schneider Electric SE View profile 162339 35, rue Joseph Monier - CS 30323, Rueil Malmaison, France, F-92506 https://www.se.com
Koninklijke Philips NV View profile 73712 Philips Center, Amstelplein 2, Amsterdam, Netherlands, 1096 BC https://www.philips.com

Global power strip market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to power strip market will help companies and investors design strategic landscapes.


Common power strip was the largest segment with a revenue share of 56.66% in 2024. Horizon Databook has segmented the Global power strip market based on smart power strip, common power strip, specialized power strip covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Power Strip Type Outlook (Revenue, USD million, 2018-2030)
    • Smart Power Strip
    • Specialized Power Strip
    • Common Power Strip
  • Global Power Strip Protection Type Outlook (Revenue, USD million, 2018-2030)
    • Surge Protection
    • Others
    • Fuse-based Protection
  • Global Power Strip Application Outlook (Revenue, USD million, 2018-2030)
    • Household
    • Commercial
    • Industrial

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Horizon Databook provides a detailed overview of global-level data and insights on the Global power strip market , including forecasts for subscribers. This global databook contains high-level insights into Global power strip market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global power strip market size, by regions, 2018-2030 (US$M)

Top 10 countries: Power strip market size, 2024 (US$M)

Global power strip market share, by type, 2024 & 2030 (%, US$M)

Power strip market: Opportunity assessment by country

Global power strip market, by region, 2024 (US$M)

Global power strip market size, by regions, 2018-2030 (US$M)

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