China Smart Plug Market Size & Outlook, 2022-2030

The smart plug market in China is expected to reach a projected revenue of US$ 285.5 million by 2030. A compound annual growth rate of 33.4% is expected of China smart plug market from 2023 to 2030.
Revenue, 2022 (US$M)
$28.4
Forecast, 2030 (US$M)
$285.5
CAGR, 2023 - 2030
33.4%
Report Coverage
China

China smart plug market highlights

  • The China smart plug market generated a revenue of USD 28.4 million in 2022 and is expected to reach USD 285.5 million by 2030.
  • The China market is expected to grow at a CAGR of 33.4% from 2023 to 2030.
  • In terms of segment, wi-fi was the largest revenue generating product support in 2022.
  • Wi-Fi is the most lucrative product support segment registering the fastest growth during the forecast period.


Smart plug market data book summary

Market revenue in 2022USD 28.4 million
Market revenue in 2030USD 285.5 million
Growth rate33.4% (CAGR from 2022 to 2030)
Largest segmentWi-fi
Fastest growing segmentWi-Fi
Historical data2017 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationWi-Fi, Bluetooth
Key market players worldwidePanasonic Holdings Corp, Vesync Co Ltd, Xiaomi Corp Class B, Lenovo Group Ltd, D-Link, Belkin International, Edimax technology, Insteon, Leviton Manufacturing, SDI Technologies, TP-Link, Ankuoo, Satechi, ConnectSense


Other key industry trends

  • In terms of revenue, China accounted for 10.6% of the global smart plug market in 2022.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China smart plug market is projected to lead the regional market in terms of revenue in 2030.
  • Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 178.6 million by 2030.

No credit card required*

Horizon in a snapshot

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more

Smart Plug Market Companies

Name Profile # Employees HQ Website

China smart plug 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 smart plug market will help companies and investors design strategic landscapes.


Wi-fi was the largest segment with a revenue share of 85.21% in 2022. Horizon Databook has segmented the China smart plug market based on wi-fi, bluetooth covering the revenue growth of each sub-segment from 2017 to 2030.


Reasons to subscribe to China smart plug market databook:

  • Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
  • Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
  • Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
  • Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
  • Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.

Target buyers of China smart plug market databook

  • Our clientele includes a mix of smart plug market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of country-level data and insights on the China smart plug market , including forecasts for subscribers. This country databook contains high-level insights into China smart plug market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

Partial client list

  • logo

China smart plug market size, by product support, 2017-2030 (US$M)

China Smart Plug Market Outlook Share, 2022 & 2030 (US$M)

China smart plug market size, by product support, 2017-2030 (US$M)

Sign up - it's easy, and free!

Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our free plan indefinitely.

Explore all plans

Included in Horizon account

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more