India Power Strip Market Size & Outlook, 2024-2030
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India power strip market highlights
- The India power strip market generated a revenue of USD 799.8 million in 2024 and is expected to reach USD 1,272.6 million by 2030.
- The India market is expected to grow at a CAGR of 8% from 2025 to 2030.
- In terms of segment, common power strip was the largest revenue generating type in 2024.
- Common Power Strip is the most lucrative type segment registering the fastest growth during the forecast period.
Power strip market data book summary
| Market revenue in 2024 | USD 799.8 million |
| Market revenue in 2030 | USD 1,272.6 million |
| Growth rate | 8% (CAGR from 2025 to 2030) |
| Largest segment | Common power strip |
| Fastest growing segment | Common Power Strip |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Smart Power Strip, Common Power Strip, Specialized Power Strip |
| Key market players worldwide | Haier, Belkin International, Leviton Manufacturing, Schneider Electric SE, Legrand SA, Koninklijke Philips NV, Siemens AG, ABB Ltd, Panasonic Industry |
Other key industry trends
- In terms of revenue, India accounted for 6.4% of the global power strip market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China power strip market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,272.6 million by 2030.
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Power Strip Market Scope
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 |
India 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 59.43% in 2024. Horizon Databook has segmented the India 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.
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Our clientele includes a mix of power strip market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the India power strip market , including forecasts for subscribers. This country databook contains high-level insights into India power strip market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India power strip market size, by protection type, 2018-2030 (US$M)
India Power Strip Market Outlook Share, 2024 & 2030 (US$M)
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