Global Smart Plug Market is expected to reach US$ 9.09 Bn. by 2029, at a CAGR of 19.2% during the forecast period. The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.To know about the Research Methodology:-Request Free Sample Report Smart plugs are used to convert ordinary household appliances into smart appliances. The major driving factors of global smart plug market is high demand for remote access to appliances, rapid adoption of home automation technologies, and changing consumer preferences inclining towards smart home applications. The growing need of consumers for a convenient lifestyle, improved energy savings, and advancements in the IoT framework is propelling the smart plug market. Additionally, use of connectivity as a differentiating feature by manufacturers, and the growing demand for energy-efficient appliances. Security concerns associated with smart plugs and IoT is major restring factor of global smart plugs market. The market is segmented into type, application, and region. Further, smart plug market based on type includes Bluetooth and Wi-Fi. In terms of application segment, smart plug market is classified into household use, commercial use, and industrial use. Based on regions, the global smart plug market is divided into five main regions are America, Europe, Asia-pacific, Latin America and Middle East & Africa. In terms of type, Wi-Fi segment dominates the market due to smart plugs are easy to use and very affordable, starting at less than $30 per switch, anyone with a smartphone can get in on the convenience of smart home technology by using Wi-Fi.
In terms of geography, the Americas is one of the fastest growing regions in terms of global smart plug market and continue to grow during the forecasted period. Some of the major factors responsible for the growing adoption of smart plugs in the region is the high acceptance of technologically advanced products among customers and the average disposable income of the population. Key companies in global Market include Belkin International Etekcity, EDIMAX Technology, Insteon, D-Link, BULL, Haier, SDI Technologies, Panasonic, TP-Link, Leviton, iSmartAlarm, and Broadlink. The objective of the report is to present comprehensive analysis of Global Smart Plug Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of industry with dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give clear futuristic view of the industry to the decision makers. The report also helps in understanding Global Smart Plug Market dynamics, structure by analyzing the market segments, and project the Global Smart Plug Market size. Clear representation of competitive analysis of key players by Global Smart Plug Type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Smart Plug Market make the report investor’s guide.
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Global Smart Plug Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US $ 2.66 Bn. Forecast Period 2023 to 2029 CAGR: 19.2% Market Size in 2029: US $ 9.09 Bn. Segments Covered: by Type Bluetooth WI-FI by Application Household Use Commercial Use Industrial Use Global Smart Plug Market, by Region:
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Key Players:
1. Belkin International 2. Etekcity 3. EDIMAX Technology 4. Insteon 5. D-Link 6. BULL 7. Haier 8. SDI Technologies 9. Panasonic 10.TP-Link 11.Leviton 12.iSmartAlarm 13.Broadlink 14.iHome 15.Ankuoo Electronics, Inc. 16.Azpen Innovation 17.Aeon Labs 18.Adesso 19.ITEAD Intelligent Systems 20.SAFEMORE 21.Honeywell International Frequently Asked Questions: 1] What segments are covered in Market report? Ans. The segments covered in Market report are based on Type and Application. 2] Which region is expected to hold the highest share in the global Market? Ans. North America is expected to hold the highest share in the global Market. 3] What is the market size of global Market by 2029? Ans. The market size of global Market by 2029 is US $ 9.09 Bn. 4] Who are the top key players in the global Smart Plug Market? Ans. Belkin International, BULL, iSmartAlarm, Azpen Innovation, and Honeywell International are the top key players in the global Smart Plug Market. 5] What was the market size of global Smart Plug Market in 2022? Ans. The market size of global Market in 2022 was US $ 2.66 Bn.
Global Smart Plug Market
1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 1.4. Key Questions Answered 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations Used 2.3. Research Methodology 3. Executive Summary 3.1. Global Smart Plug Market Size, by Market Value (US$ Bn) and Market, by Region 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.3. Drivers and Restraints Snapshot Analysis 4.3.1. Drivers 4.3.2. Restraints 4.3.3. Opportunities 4.3.4. Porter’s Analysis 4.3.5. Value Chain Analysis 4.3.6. SWOT Analysis 4.4. Global Smart Plug Market Industry Trends 5. Global Smart Plug Market Analysis and Forecast 5.1. Global Smart Plug Market Analysis and Forecast 5.2. Global Smart Plug Market Size& Y-o-Y Growth Analysis 5.2.1. North America 5.2.2. Europe 5.2.3. Asia Pacific 5.2.4. Middle East & Africa 5.2.5. Latin America 6. Global Smart Plug Market Analysis and Forecast, by Type 6.1. Introduction and Definition 6.2. Key Findings 6.3. Global Smart Plug Market Value Share Analysis, by Type 6.4. Global Smart Plug Market Size (US$ Bn) Forecast, by Type 6.5. Global Smart Plug Market Analysis, by Type 6.6. Global Smart Plug Market Attractiveness Analysis, by Type 7. Global Smart Plug Market Analysis and Forecast, by Application 7.1. Introduction and Definition 7.2. Global Smart Plug Market Value Share Analysis, by Application 7.3. Global Smart Plug Market Size (US$ Bn) Forecast, by Application 7.4. Global Smart Plug Market Analysis, by Application 7.5. Global Smart Plug Market Attractiveness Analysis, by Application 8. Global Smart Plug Market Analysis, by Region 8.1. Global Smart Plug Market Value Share Analysis, by Region 8.2. Global Smart Plug Market Size (US$ Bn) Forecast, by Region 8.3. Global Smart Plug Market Attractiveness Analysis, by Region 9. North America Smart Plug Market Analysis 9.1. Key Findings 9.2. North America Smart Plug Market Overview 9.3. North America Smart Plug Market Value Share Analysis, by Type 9.4. North America Smart Plug Market Forecast, by Type 9.4.1. Bluetooth 9.4.2. Wi-Fi 9.5. North America Smart Plug Market Value Share Analysis, by Application 9.6. North America Smart Plug Market Forecast, by Application 9.6.1. Household Use 9.6.2. Commercial Use 9.6.3. Industrial Use 9.7. North America Smart Plug Market Value Share Analysis, by Country 9.8. North America Smart Plug Market Forecast, by Country 9.8.1. U.S. 9.8.2. Canada 9.9. North America Smart Plug Market Analysis, by Country 9.10. U.S. Smart Plug Market Forecast, by Type 9.10.1. Bluetooth 9.10.2. Wi-Fi 9.11. U.S. Smart Plug Market Forecast, by Application 9.11.1. Household Use 9.11.2. Commercial Use 9.11.3. Industrial Use 9.12. Canada Smart Plug Market Forecast, by Type 9.12.1. Bluetooth 9.12.2. Wi-Fi 9.13. Canada Smart Plug Market Forecast, by Application 9.13.1. Household Use 9.13.2. Commercial Use 9.13.3. Industrial Use 9.14. North America Smart Plug Market Attractiveness Analysis 9.14.1. By Type 9.14.2. By Application 9.15. PEST Analysis 10. Europe Smart Plug Market Analysis 10.1. Key Findings 10.2. Europe Smart Plug Market Overview 10.3. Europe Smart Plug Market Value Share Analysis, by Type 10.4. Europe Smart Plug Market Forecast, by Type 10.4.1. Bluetooth 10.4.2. Wi-Fi 10.5. Europe Smart Plug Market Value Share Analysis, by Application 10.6. Europe Smart Plug Market Forecast, by Application 10.6.1. Household Use 10.6.2. Commercial Use 10.6.3. Industrial Use 10.7. Europe Smart Plug Market Value Share Analysis, by Country 10.8. Europe Smart Plug Market Forecast, by Country 10.8.1. Germany 10.8.2. U.K. 10.8.3. France 10.8.4. Italy 10.8.5. Spain 10.8.6. Rest of Europe 10.9. Europe Smart Plug Market Analysis, by Country/ Sub-region 10.10. Germany Smart Plug Market Forecast, by Type 10.10.1. Bluetooth 10.10.2. Wi-Fi 10.11. Germany Smart Plug Market Forecast, by Application 10.11.1. Household Use 10.11.2. Commercial Use 10.11.3. Industrial Use 10.12. U.K. Smart Plug Market Forecast, by Type 10.12.1. Bluetooth 10.12.2. Wi-Fi 10.13. U.K. Smart Plug Market Forecast, by Application 10.13.1. Household Use 10.13.2. Commercial Use 10.13.3. Industrial Use 10.14. France Smart Plug Market Forecast, by Type 10.14.1. Bluetooth 10.14.2. Wi-Fi 10.15. France Smart Plug Market Forecast, by Application 10.15.1. Household Use 10.15.2. Commercial Use 10.15.3. Industrial Use 10.16. Italy Smart Plug Market Forecast, by Type 10.16.1. Bluetooth 10.16.2. Wi-Fi 10.17. Italy Smart Plug Market Forecast, by Application 10.17.1. Household Use 10.17.2. Commercial Use 10.17.3. Industrial Use 10.18. Spain Smart Plug Market Forecast, by Type 10.18.1. Bluetooth 10.18.2. Wi-Fi 10.19. Spain Smart Plug Market Forecast, by Application 10.19.1. Household Use 10.19.2. Commercial Use 10.19.3. Industrial Use 10.20. Rest of Europe Smart Plug Market Forecast, by Type 10.20.1. Bluetooth 10.20.2. Wi-Fi 10.21. Rest of Europe Smart Plug Market Forecast, by Application 10.21.1. Household Use 10.21.2. Commercial Use 10.21.3. Industrial Use 10.22. Europe Smart Plug Market Attractiveness Analysis 10.22.1. By Type 10.22.2. By Application 10.23. PEST Analysis 11. Asia Pacific Smart Plug Market Analysis 11.1. Key Findings 11.2. Asia Pacific Smart Plug Market Overview 11.3. Asia Pacific Smart Plug Market Value Share Analysis, by Type 11.4. Asia Pacific Smart Plug Market Forecast, by Type 11.4.1. Bluetooth 11.4.2. Wi-Fi 11.5. Asia Pacific Smart Plug Market Value Share Analysis, by Application 11.6. Asia Pacific Smart Plug Market Forecast, by Application 11.6.1. Household Use 11.6.2. Commercial Use 11.6.3. Industrial Use 11.7. Asia Pacific Smart Plug Market Value Share Analysis, by Country 11.8. Asia Pacific Smart Plug Market Forecast, by Country 11.8.1. China 11.8.2. India 11.8.3. Japan 11.8.4. ASEAN 11.8.5. Rest of Asia Pacific 11.9. Asia Pacific Smart Plug Market Analysis, by Country/ Sub-region 11.10. China Smart Plug Market Forecast, by Type 11.10.1. Bluetooth 11.10.2. Wi-Fi 11.11. China Smart Plug Market Forecast, by Application 11.11.1. Household Use 11.11.2. Commercial Use 11.11.3. Industrial Use 11.12. India Smart Plug Market Forecast, by Type 11.12.1. Bluetooth 11.12.2. Wi-Fi 11.13. India Smart Plug Market Forecast, by Application 11.13.1. Household Use 11.13.2. Commercial Use 11.13.3. Industrial Use 11.14. Japan Smart Plug Market Forecast, by Type 11.14.1. Bluetooth 11.14.2. Wi-Fi 11.15. Japan Smart Plug Market Forecast, by Application 11.15.1. Household Use 11.15.2. Commercial Use 11.15.3. Industrial Use 11.16. ASEAN Smart Plug Market Forecast, by Type 11.16.1. Bluetooth 11.16.2. Wi-Fi 11.17. ASEAN Smart Plug Market Forecast, by Application 11.17.1. Household Use 11.17.2. Commercial Use 11.17.3. Industrial Use 11.18. Rest of Asia Pacific Smart Plug Market Forecast, by Type 11.19. Bluetooth 11.20. Wi-Fi 11.21. Rest of Asia Pacific Smart Plug Market Forecast, by Application 11.21.1. Household Use 11.21.2. Commercial Use 11.21.3. Industrial Use 11.22. Asia Pacific Smart Plug Market Attractiveness Analysis 11.22.1. By Type 11.22.2. By Application 11.23. PEST Analysis 12. Middle East & Africa Smart Plug Market Analysis 12.1. Key Findings 12.2. Middle East & Africa Smart Plug Market Overview 12.3. Middle East & Africa Smart Plug Market Value Share Analysis, by Type 12.4. Middle East & Africa Smart Plug Market Forecast, by Type 12.4.1. Bluetooth 12.4.2. Wi-Fi 12.5. Middle East & Africa Smart Plug Market Value Share Analysis, by Application 12.6. Middle East & Africa Smart Plug Market Forecast, by Application 12.6.1. Household Use 12.6.2. Commercial Use 12.6.3. Industrial Use 12.7. Middle East & Africa Smart Plug Market Value Share Analysis, by Country 12.8. Middle East & Africa Smart Plug Market Forecast, by Country 12.8.1. GCC 12.8.2. South Africa 12.8.3. Rest of Middle East & Africa 12.9. Middle East & Africa Smart Plug Market Analysis, by Country/ Sub-region 12.10. GCC Smart Plug Market Forecast, by Type 12.10.1. Bluetooth 12.10.2. Wi-Fi 12.11. GCC Smart Plug Market Forecast, by Application 12.11.1. Household Use 12.11.2. Commercial Use 12.11.3. Industrial Use 12.12. South Africa Smart Plug Market Forecast, by Type 12.12.1. Bluetooth 12.12.2. Wi-Fi 12.13. South Africa Smart Plug Market Forecast, by Application 12.13.1. Household Use 12.13.2. Commercial Use 12.13.3. Industrial Use 12.14. Rest of Middle East & Africa Smart Plug Market Forecast, by Type 12.14.1. Bluetooth 12.14.2. Wi-Fi 12.15. Rest of Middle East & Africa Smart Plug Market Forecast, by Application 12.15.1. Household Use 12.15.2. Commercial Use 12.15.3. Industrial Use 12.16. Middle East & Africa Smart Plug Market Attractiveness Analysis 12.16.1. By Type 12.16.2. By Application 12.17. PEST Analysis 13. Latin America Smart Plug Market Analysis 13.1. Key Findings 13.2. Latin America Smart Plug Market Overview 13.3. Latin America Smart Plug Market Value Share Analysis, by Type 13.4. Latin America Smart Plug Market Forecast, by Type 13.4.1. Bluetooth 13.4.2. Wi-Fi 13.5. Latin America Smart Plug Market Value Share Analysis, by Application 13.6. Latin America Smart Plug Market Forecast, by Application 13.6.1. Household Use 13.6.2. Commercial Use 13.6.3. Industrial Use 13.7. Latin America Smart Plug Market Value Share Analysis, by Country 13.8. Latin America Smart Plug Market Forecast, by Country 13.8.1. Brazil 13.8.2. Mexico 13.8.3. Rest of Latin America 13.9. Latin America Smart Plug Market Analysis, by Country/ Sub-region 13.10. Brazil Smart Plug Market Forecast, by Type 13.10.1. Bluetooth 13.10.2. Wi-Fi 13.11. Brazil Smart Plug Market Forecast, by Application 13.11.1. Household Use 13.11.2. Commercial Use 13.11.3. Industrial Use 13.12. Mexico Smart Plug Market Forecast, by Type 13.12.1. Bluetooth 13.12.2. Wi-Fi 13.13. Mexico Smart Plug Market Forecast, by Application 13.13.1. Household Use 13.13.2. Commercial Use 13.13.3. Industrial Use 13.14. Rest of Latin America Smart Plug Market Forecast, by Type 13.14.1. Bluetooth 13.14.2. Wi-Fi 13.15. Rest of Latin America Smart Plug Market Forecast, by Application 13.15.1. Household Use 13.15.2. Commercial Use 13.15.3. Industrial Use 13.16. Latin America Smart Plug Market Attractiveness Analysis 13.16.1. By Type 13.16.2. By Application 13.17. PEST Analysis 14. Company Profiles 14.1. Market Share Analysis, by Company 14.2. Competition Matrix 14.3. Company Profiles: Key Players 14.3.1. Broadlink 14.3.1.1. Company Overview 14.3.1.2. Financial Overview 14.3.1.3. Business Strategy 14.3.1.4. Recent Developments 14.3.1.5. Manufacturing Footprint 14.3.2. Belkin International 14.3.3. Etekcity 14.3.4. EDIMAX Technology 14.3.5. Insteon 14.3.6. D-Link 14.3.7. BULL 14.3.8. Haier 14.3.9. SDI Technologies 14.3.10. Panasonic 14.3.11. TP-Link 14.3.12. Leviton 14.3.13. iSmartAlarm 14.3.14. iHome 14.3.15. Ankuoo Electronics, Inc. 14.3.16. Azpen Innovation 14.3.17. Aeon Labs 14.3.18. Adesso 14.3.19. ITEAD Intelligent Systems 14.3.20. SAFEMORE 14.3.21. Honeywell International 15. Primary Key Insights