Global Power Strip Market Size Study & Forecast, by Type (Smart Power Strip and Common Power Strip), Protection Type (Surge Protection and Fuse-based Protection), Application (Household, Commercial, Industrial) and Regional Forecasts 2025-2035

Description

The Global Power Strip Market, valued at approximately USD 12.5 billion in 2024, is projected to expand at a CAGR of around 5.70% over the forecast period of 2025-2035. Power strips, often overlooked yet profoundly essential electrical accessories, have evolved from simple multi-socket extensions into sophisticated energy-management tools that anchor modern digital lifestyles and industrial operations. Whether integrated into bustling corporate workspaces, smart homes, or industrial control systems, today's power strips are engineered to provide convenience, safety, and energy efficiency. The swift rise in connected devices, the global transition toward smart homes, and heightened awareness surrounding electrical protection are collectively stimulating demand. With households adopting more plug-and-play technologies and businesses continuously upgrading their electrical infrastructures, power strips are becoming indispensable across all sectors.

Moreover, the increasing emphasis on safeguarding electronic assets from voltage spikes and electrical disturbances has magnified demand for advanced, surge-protected power strips. As consumers become more digitally dependent-using computers, gaming systems, high-end appliances, and IoT devices-the need to secure these gadgets from unpredictable grid fluctuations becomes crucial. The commercial and industrial sectors are also upgrading their power distribution frameworks, especially as automation, data centers, and high-load equipment become central to their operations. Despite the market's upward momentum, challenges emerge from lower-cost, non-certified alternatives flooding the market, as well as tightening energy-efficiency regulations. However, ongoing innovation in smart energy monitoring and remote-control functionalities presents substantial growth opportunities through 2035.

The detailed segments and sub-segments included in the report are:

By Type:

Smart Power Strip
Common Power Strip

By Protection Type:

Surge Protection
Fuse-based Protection

By Application:

Household
Commercial
Industrial

By Region:

North America

U.S.
Canada

Europe

UK
Germany
France
Spain
Italy
Rest of Europe

Asia Pacific

China
India
Japan
Australia
South Korea
Rest of Asia Pacific

Latin America

Brazil
Mexico

Middle East & Africa

UAE
Saudi Arabia
South Africa
Rest of Middle East & Africa

Smart power strips are expected to dominate the market through the forecast period, supported by their role in optimizing energy consumption and enhancing convenience in digitally enabled environments. These intelligent devices, equipped with features such as remote access, automated shut-off, real-time monitoring, and voice-assistant compatibility, are progressively transforming the way households and businesses manage power usage. Their demand has been accelerated by the expansion of the smart home ecosystem, where consumers increasingly seek interconnected and energy-conscious solutions. Meanwhile, common power strips retain strong relevance due to their affordability and widespread availability across residential and commercial outlets. Although smart power strips are poised to lead, the simplicity and cost-effectiveness of common units ensure they remain a fundamental choice in emerging markets.

When analyzing revenue contribution, surge-protected power strips currently represent the largest share of the market. Their ability to shield sensitive electronics-ranging from personal devices to mission-critical business equipment-has positioned them as the preferred choice across households, IT offices, and data-intensive industries. The rising frequency of electrical disturbances, coupled with heightened dependency on electronic appliances, continues to bolster adoption. Fuse-based protection, although more traditional, remains relevant in specific industrial settings, where durability and predictable cutoff mechanisms are prioritized. While surge-protected units lead present revenues, fuse-based types still maintain a niche presence among cost-sensitive users and legacy systems.

Regionally, North America held the largest market share in 2025, driven by its strong penetration of consumer electronics, rapid adoption of smart home technologies, and heightened emphasis on electrical safety standards. The region's commercial and industrial sectors continue to upgrade their electrical networks to accommodate expanding digital infrastructures, further elevating demand. Asia Pacific, however, is projected to witness the fastest growth through 2035. With surging urbanization, rising disposable incomes, expanding consumer electronics demand, and accelerated digitalization in nations like China, India, and South Korea, the region is rapidly becoming the engine of global market expansion. Europe maintains a solid presence as well, attributed to its strict regulatory frameworks, widespread adoption of high-efficiency devices, and increasing integration of smart solutions in residential and enterprise environments. Latin America and the Middle East & Africa are gradually bolstering their market shares through modernization efforts, expanding retail electronics sectors, and growing household electrification.

Major market players included in this report are:

Belkin International Inc.
Schneider Electric
CyberPower Systems
Eaton Corporation
Siemens AG
Legrand SA
Honeywell International Inc.
Panamax
Koninklijke Philips N.V.
Tripp Lite
APC by Schneider Electric
Huntkey
Acco Brands
Xiaomi Corporation
Amazon Basics

Global Power Strip Market Report Scope:

Historical Data - 2023, 2024
Base Year for Estimation - 2024
Forecast period - 2025-2035
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope - Free report customization (equivalent to up to 8 analysts' working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments and countries in recent years and forecast their values for the upcoming decade. The report incorporates both qualitative and quantitative insights, capturing the industry's underlying dynamics, pivotal growth drivers, emerging challenges, and evolving market opportunities. It also identifies high-potential micro-markets for investors while evaluating competitive strategies and product portfolios of leading market participants. The detailed segmentation of the market and its sub-categories is provided below.

Key Takeaways:

Market Estimates & Forecast for 10 years from 2025 to 2035.
Annualized revenues and regional-level analysis for each market segment.
Detailed analysis of the geographical landscape with country-level insights.
Competitive landscape featuring profiles of major market players.
Evaluation of core business strategies and strategic recommendations for future growth.
Insights into the competitive structure of the industry.
Comprehensive demand-side and supply-side market analysis.

Chapter 1. Global Power Strip Market Report Scope & Methodology

1.1. Research Objective
1.2. Research Methodology
- 1.2.1. Forecast Model
- 1.2.2. Desk Research
- 1.2.3. Top Down and Bottom-Up Approach
1.3. Research Attributes
1.4. Scope of the Study
- 1.4.1. Market Definition
- 1.4.2. Market Segmentation
1.5. Research Assumption
- 1.5.1. Inclusion & Exclusion
- 1.5.2. Limitations
- 1.5.3. Years Considered for the Study

Chapter 2. Executive Summary

2.1. CEO/CXO Standpoint
2.2. Strategic Insights
2.3. ESG Analysis
2.4. key Findings

Chapter 3. Global Power Strip Market Forces Analysis

3.1. Market Forces Shaping The Global Power Strip Market (2024-2035)
3.2. Drivers
- 3.2.1. swift rise in connected devices
- 3.2.2. global transition toward smart homes
3.3. Restraints
- 3.3.1. lower-cost and non-certified alternatives flooding the market
3.4. Opportunities
- 3.4.1. heightened awareness surrounding electrical protection

Chapter 4. Global Power Strip Industry Analysis

4.1. Porter's 5 Forces Model
- 4.1.1. Bargaining Power of Buyer
- 4.1.2. Bargaining Power of Supplier
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Forecast Model (2024-2035)
4.3. PESTEL Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top Investment Opportunities
4.5. Top Winning Strategies (2025)
4.6. Market Share Analysis (2024-2025)
4.7. Global Pricing Analysis And Trends 2025
4.8. Analyst Recommendation & Conclusion

Chapter 5. Global Power Strip Market Size & Forecasts by Type 2025-2035

5.1. Market Overview
5.2. Global Power Strip Market Performance - Potential Analysis (2025)
5.3. Smart Power Strip
- 5.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.3.2. Market size analysis, by region, 2025-2035
5.4. Common Power Strip
- 5.4.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.4.2. Market size analysis, by region, 2025-2035

Chapter 6. Global Power Strip Market Size & Forecasts by Protection Type 2025-2035

6.1. Market Overview
6.2. Global Power Strip Market Performance - Potential Analysis (2025)
6.3. Surge Protection
- 6.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 6.3.2. Market size analysis, by region, 2025-2035
6.4. Fuse-based Protection
- 6.4.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 6.4.2. Market size analysis, by region, 2025-2035

Chapter 7. Global Power Strip Market Size & Forecasts by Application 2025-2035

7.1. Market Overview
7.2. Global Power Strip Market Performance - Potential Analysis (2025)
7.3. Household
- 7.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 7.3.2. Market size analysis, by region, 2025-2035
7.4. Commercial
- 7.4.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 7.4.2. Market size analysis, by region, 2025-2035
7.5. Industrial
- 7.5.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 7.5.2. Market size analysis, by region, 2025-2035

Chapter 8. Global Power Strip Market Size & Forecasts by Region 2025-2035

8.1. Growth Power Strip Market, Regional Market Snapshot
8.2. Top Leading & Emerging Countries
8.3. North America Power Strip Market
- 8.3.1. U.S. Power Strip Market
  - 8.3.1.1. Type breakdown size & forecasts, 2025-2035
  - 8.3.1.2. Protection type breakdown size & forecasts, 2025-2035
  - 8.3.1.3. Application breakdown size & forecasts, 2025-2035
- 8.3.2. Canada Power Strip Market
  - 8.3.2.1. Type breakdown size & forecasts, 2025-2035
  - 8.3.2.2. Protection type breakdown size & forecasts, 2025-2035
  - 8.3.2.3. Application breakdown size & forecasts, 2025-2035
8.4. Europe Power Strip Market
- 8.4.1. UK Power Strip Market
  - 8.4.1.1. Type breakdown size & forecasts, 2025-2035
  - 8.4.1.2. Protection type breakdown size & forecasts, 2025-2035
  - 8.4.1.3. Application breakdown size & forecasts, 2025-2035
- 8.4.2. Germany Power Strip Market
  - 8.4.2.1. Type breakdown size & forecasts, 2025-2035
  - 8.4.2.2. Protection type breakdown size & forecasts, 2025-2035
  - 8.4.2.3. Application breakdown size & forecasts, 2025-2035
- 8.4.3. France Power Strip Market
  - 8.4.3.1. Type breakdown size & forecasts, 2025-2035
  - 8.4.3.2. Protection type breakdown size & forecasts, 2025-2035
  - 8.4.3.3. Application breakdown size & forecasts, 2025-2035
- 8.4.4. Spain Power Strip Market
  - 8.4.4.1. Type breakdown size & forecasts, 2025-2035
  - 8.4.4.2. Protection type breakdown size & forecasts, 2025-2035
  - 8.4.4.3. Application breakdown size & forecasts, 2025-2035
- 8.4.5. Italy Power Strip Market
  - 8.4.5.1. Type breakdown size & forecasts, 2025-2035
  - 8.4.5.2. Protection type breakdown size & forecasts, 2025-2035
  - 8.4.5.3. Application breakdown size & forecasts, 2025-2035
- 8.4.6. Rest of Europe Power Strip Market
  - 8.4.6.1. Type breakdown size & forecasts, 2025-2035
  - 8.4.6.2. Protection type breakdown size & forecasts, 2025-2035
  - 8.4.6.3. Application breakdown size & forecasts, 2025-2035
8.5. Asia Pacific Power Strip Market
- 8.5.1. China Power Strip Market
  - 8.5.1.1. Type breakdown size & forecasts, 2025-2035
  - 8.5.1.2. Protection type breakdown size & forecasts, 2025-2035
  - 8.5.1.3. Application breakdown size & forecasts, 2025-2035
- 8.5.2. India Power Strip Market
  - 8.5.2.1. Type breakdown size & forecasts, 2025-2035
  - 8.5.2.2. Protection type breakdown size & forecasts, 2025-2035
  - 8.5.2.3. Application breakdown size & forecasts, 2025-2035
- 8.5.3. Japan Power Strip Market
  - 8.5.3.1. Type breakdown size & forecasts, 2025-2035
  - 8.5.3.2. Protection type breakdown size & forecasts, 2025-2035
  - 8.5.3.3. Application breakdown size & forecasts, 2025-2035
- 8.5.4. Australia Power Strip Market
  - 8.5.4.1. Type breakdown size & forecasts, 2025-2035
  - 8.5.4.2. Protection type breakdown size & forecasts, 2025-2035
  - 8.5.4.3. Application breakdown size & forecasts, 2025-2035
- 8.5.5. South Korea Power Strip Market
  - 8.5.5.1. Type breakdown size & forecasts, 2025-2035
  - 8.5.5.2. Protection type breakdown size & forecasts, 2025-2035
  - 8.5.5.3. Application breakdown size & forecasts, 2025-2035
- 8.5.6. Rest of APAC Power Strip Market
  - 8.5.6.1. Type breakdown size & forecasts, 2025-2035
  - 8.5.6.2. Protection type breakdown size & forecasts, 2025-2035
  - 8.5.6.3. Application breakdown size & forecasts, 2025-2035
8.6. Latin America Power Strip Market
- 8.6.1. Brazil Power Strip Market
  - 8.6.1.1. Type breakdown size & forecasts, 2025-2035
  - 8.6.1.2. Protection type breakdown size & forecasts, 2025-2035
  - 8.6.1.3. Application breakdown size & forecasts, 2025-2035
- 8.6.2. Mexico Power Strip Market
  - 8.6.2.1. Type breakdown size & forecasts, 2025-2035
  - 8.6.2.2. Protection type breakdown size & forecasts, 2025-2035
  - 8.6.2.3. Application breakdown size & forecasts, 2025-2035
8.7. Middle East and Africa Power Strip Market
- 8.7.1. UAE Power Strip Market
  - 8.7.1.1. Type breakdown size & forecasts, 2025-2035
  - 8.7.1.2. Protection type breakdown size & forecasts, 2025-2035
  - 8.7.1.3. Application breakdown size & forecasts, 2025-2035
- 8.7.2. Saudi Arabia (KSA) Power Strip Market
  - 8.7.2.1. Type breakdown size & forecasts, 2025-2035
  - 8.7.2.2. Protection type breakdown size & forecasts, 2025-2035
  - 8.7.2.3. Application breakdown size & forecasts, 2025-2035
- 8.7.3. South Africa Power Strip Market
  - 8.7.3.1. Type breakdown size & forecasts, 2025-2035
  - 8.7.3.2. Protection type breakdown size & forecasts, 2025-2035
  - 8.7.3.3. Application breakdown size & forecasts, 2025-2035

Chapter 9. Competitive Intelligence

9.1. Top Market Strategies
9.2. Belkin International Inc.
- 9.2.1. Company Overview
- 9.2.2. Key Executives
- 9.2.3. Company Snapshot
- 9.2.4. Financial Performance (Subject to Data Availability)
- 9.2.5. Product/Services Port
- 9.2.6. Recent Development
- 9.2.7. Market Strategies
- 9.2.8. SWOT Analysis
9.3. Schneider Electric
9.4. CyberPower Systems
9.5. Eaton Corporation
9.6. Siemens AG
9.7. Legrand SA
9.8. Honeywell International Inc.
9.9. Panamax
9.10. Koninklijke Philips N.V.
9.11. Tripp Lite
9.12. APC by Schneider Electric
9.13. Huntkey
9.14. Acco Brands
9.15. Xiaomi Corporation
9.16. Amazon Basics