U.S. Power Strip Market Size & Outlook, 2021-2028

The power strip market in the United States is expected to reach a projected revenue of US$ 3,786.4 million by 2028. A compound annual growth rate of 4% is expected of the United States power strip market from 2022 to 2028.
Revenue, 2021 (US$M)
$2,878.4
Forecast, 2028 (US$M)
$3,786.4
CAGR, 2022 - 2028
4%
Report Coverage
U.S.

U.S. power strip market highlights

  • The U.S. power strip market generated a revenue of USD 2,878.4 million in 2021 and is expected to reach USD 3,786.4 million by 2028.
  • The U.S. market is expected to grow at a CAGR of 4% from 2022 to 2028.
  • In terms of segment, common power strip was the largest revenue generating type in 2021.
  • Smart 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 2,878.4 million
Market revenue in 2028USD 3,786.4 million
Growth rate4% (CAGR from 2021 to 2028)
Largest segmentCommon power strip
Fastest growing segmentSmart 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, U.S. accounted for 27.0% 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 North America, U.S. power strip market is projected to lead the regional market in terms of revenue in 2028.
  • Canada is the fastest growing regional market in North America and is projected to reach USD 1,039.5 million by 2028.

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Power Strip Market Companies

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U.S. 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 55.42% in 2021. Horizon Databook has segmented the U.S. 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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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. power strip market , including forecasts for subscribers. This country databook contains high-level insights into U.S. power strip market from 2017 to 2028, including revenue numbers, major trends, and company profiles.

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U.S. power strip market size, by type, 2017-2028 (US$M)

U.S. Power Strip Market Outlook Share, 2021 & 2028 (US$M)

U.S. power strip market size, by type, 2017-2028 (US$M)

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