Mexico Power Strip Market Size & Outlook, 2021-2028

The power strip market in Mexico is expected to reach a projected revenue of US$ 293.9 million by 2028. A compound annual growth rate of 6.3% is expected of Mexico power strip market from 2022 to 2028.
Revenue, 2021 (US$M)
$192.1
Forecast, 2028 (US$M)
$293.9
CAGR, 2022 - 2028
6.3%
Report Coverage
Mexico

Mexico power strip market highlights

  • The Mexico power strip market generated a revenue of USD 192.1 million in 2021 and is expected to reach USD 293.9 million by 2028.
  • The Mexico market is expected to grow at a CAGR of 6.3% from 2022 to 2028.
  • In terms of segment, common power strip was the largest revenue generating type in 2021.
  • 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 2021USD 192.1 million
Market revenue in 2028USD 293.9 million
Growth rate6.3% (CAGR from 2021 to 2028)
Largest segmentCommon power strip
Fastest growing segmentCommon Power Strip
Historical data2017 - 2020
Base year2021
Forecast period2022 - 2028
Quantitative unitsRevenue in USD million
Market segmentationSmart Power Strip, Common Power Strip, Specialized Power Strip
Key market players worldwideHaier, 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, Mexico accounted for 1.8% of the global power strip market in 2021.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
  • In Latin America, Brazil power strip market is projected to lead the regional market in terms of revenue in 2028.
  • Mexico is the fastest growing regional market in Latin America and is projected to reach USD 293.9 million by 2028.

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Power Strip Market Companies

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Mexico 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 59.24% in 2021. Horizon Databook has segmented the Mexico power strip market based on smart power strip, common power strip, specialized power strip covering the revenue growth of each sub-segment from 2017 to 2028.


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  • Our clientele includes a mix of power strip market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico power strip market , including forecasts for subscribers. This country databook contains high-level insights into Mexico power strip market from 2017 to 2028, including revenue numbers, major trends, and company profiles.

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Mexico power strip market size, by type, 2017-2028 (US$M)

Mexico Power Strip Market Outlook Share, 2021 & 2028 (US$M)

Mexico power strip market size, by type, 2017-2028 (US$M)

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