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Asia Pacific Power Strip Market By Type, By Protection, By Application, By Country, Growth Potential, COVID-19 Impact Analysis Report and Forecast, 2021 - 2027

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    Report

  • 94 Pages
  • August 2021
  • Region: Asia Pacific
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5448371

The Asia Pacific Power Strip Market is expected to witness market growth of 6.5% CAGR during the forecast period (2021-2027).

Power strips have evolved a lot in the past few years. The accelerating economic growth in emerging countries and expanding population are contributing to the increasing demand for electronic items. Owing to the increasing disposable income of the consumers and the growing industrialization, the living standard of consumers has enhanced in the past few years. Thus, the expenditure and adoption of electronic devices have also significantly increased. Several organizations are introducing their innovative products to meet the growing customer requirements. At present, smart power strips were manufactured to make them compatible with Alexa and Google assistant. For example, the Syska SSK-EBW-0304 Smart extension board is well suited with Google Assistant and Alexa. This extension can manage all the sockets or every socket has voice commands

The increasing disposable income of consumers across various emerging nations like India and China is encouraging consumers to buy more advanced electronic devices, which is estimated to spur the regional growth of the power strip market over the forecast period. Additionally, the huge consumer base in this region is attracting companies towards this region to expand their business.

Moreover, the rapid adoption of any new product in this region is high, which is expected to support the growth of the regional power strip market in the coming years. The rising awareness among the consumers about using power-saving appliances is expected to boost the demand for power strips in the regional market. The availability of cheap labor and resources across various developing nations of this region is encouraging power strip manufacturers to expand their business in this region and propel the regional growth of the power strip market.

The China market dominated the Asia Pacific Household Power Strip Market by Country 2020, thereby, achieving a market value of $369.6 million by 2027. The Japan market is showcasing a CAGR of 5.6% during (2021 - 2027). Additionally, The India market is anticipated to witness a CAGR of 6.9% during (2021 - 2027).

Based on Type, the market is segmented into Common, Smart and Specialized. Based on Protection, the market is segmented into Surge Protection, Fuse-based Protection and Others. Based on Application, the market is segmented into Commercial, Household and Industrial. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.



The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include ABB Group, General Electric (GE) Co., Siemens AG, Schneider Electric SE, Panasonic Corporation, Koninklijke Philips N.V., Legrand S.A. (Raritan, Inc.), CyberPower Systems (USA), Inc., Leviton Manufacturing Co., Inc. and Hon Hai Precision Industry Co., Ltd. (Belkin International, Inc.).



Scope of the Study

Market Segments Covered in the Report:


By Type

  • Common
  • Smart
  • Specialized

By Protection

  • Surge Protection
  • Fuse-based Protection
  • Others

By Application

  • Commercial
  • Household
  • Industrial

By Country

  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific

Key Market Players

List of Companies Profiled in the Report:

  • ABB Group
  • General Electric (GE) Co.
  • Siemens AG
  • Schneider Electric SE
  • Panasonic Corporation
  • Koninklijke Philips N.V.
  • Legrand S.A. (Raritan, Inc.)
  • CyberPower Systems (USA), Inc.
  • Leviton Manufacturing Co., Inc.
  • Hon Hai Precision Industry Co., Ltd. (Belkin International, Inc.)

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  • Exhaustive coverage
  • The highest number of market tables and figures
  • Subscription-based model available
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  • Assured post sales research support with 10% customization free

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Power Strip Market, by Type
1.4.2 Asia Pacific Power Strip Market, by Protection
1.4.3 Asia Pacific Power Strip Market, by Application
1.4.4 Asia Pacific Power Strip Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 COVID-19 Impact
2.1.1.2 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Asia Pacific Power Strip Market by Protection
3.1 Asia Pacific Surge Protection Power Strip Market by Country
3.2 Asia Pacific Fuse-based Protection Power Strip Market by Country
3.3 Asia Pacific Other Protection Power Strip Market by Country
Chapter 4. Asia Pacific Power Strip Market by Type
4.1 Asia Pacific Power Strip Common Market by Country
4.2 Asia Pacific Power Strip Smart Market by Country
4.3 Asia Pacific Power Strip Specialized Market by Country
Chapter 5. Asia Pacific Power Strip Market by Application
5.1 Asia Pacific Commercial Power Strip Market by Country
5.2 Asia Pacific Household Power Strip Market by Country
5.3 Asia Pacific Industrial Power Strip Market by Country
Chapter 6. Asia Pacific Power Strip Market by Country
6.1 China Power Strip Market
6.1.1 China Power Strip Market by Protection
6.1.2 China Power Strip Market by Type
6.1.3 China Power Strip Market by Application
6.2 Japan Power Strip Market
6.2.1 Japan Power Strip Market by Protection
6.2.2 Japan Power Strip Market by Type
6.2.3 Japan Power Strip Market by Application
6.3 India Power Strip Market
6.3.1 India Power Strip Market by Protection
6.3.2 India Power Strip Market by Type
6.3.3 India Power Strip Market by Application
6.4 South Korea Power Strip Market
6.4.1 South Korea Power Strip Market by Protection
6.4.2 South Korea Power Strip Market by Type
6.4.3 South Korea Power Strip Market by Application
6.5 Singapore Power Strip Market
6.5.1 Singapore Power Strip Market by Protection
6.5.2 Singapore Power Strip Market by Type
6.5.3 Singapore Power Strip Market by Application
6.6 Malaysia Power Strip Market
6.6.1 Malaysia Power Strip Market by Protection
6.6.2 Malaysia Power Strip Market by Type
6.6.3 Malaysia Power Strip Market by Application
6.7 Rest of Asia Pacific Power Strip Market
6.7.1 Rest of Asia Pacific Power Strip Market by Protection
6.7.2 Rest of Asia Pacific Power Strip Market by Type
6.7.3 Rest of Asia Pacific Power Strip Market by Application
Chapter 7. Company Profiles
7.1 ABB Group
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expense
7.1.5 SWOT Analysis
7.2 General Electric (GE) Co.
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expense
7.2.5 SWOT Analysis
7.3 Siemens AG
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expense
7.3.5 SWOT Analysis
7.4 Schneider Electric SE
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental And Regional Analysis
7.4.4 Research & Development Expense
7.4.5 SWOT Analysis
7.5 Panasonic Corporation
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expense
7.5.5 Recent strategies and developments:
7.5.5.1 Product Launches and Product Expansions:
7.5.6 SWOT Analysis
7.6 Koninklijke Philips N.V.
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Research & Development Expense
7.7 Legrand S.A. (Raritan, Inc.)
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Regional Analysis
7.7.4 Research & Development Expense
7.7.5 Recent strategies and developments:
7.7.5.1 Acquisition and Mergers:
7.8 CyberPower Systems (USA), Inc.
7.8.1 Company Overview
7.8.2 Recent strategies and developments:
7.8.2.1 Partnerships, Collaborations, and Agreements:
7.8.2.2 Product Launches and Product Expansions:
7.9 Leviton Manufacturing Co., Inc.
7.9.1 Company Overview
7.9.2 Recent strategies and developments:
7.9.2.1 Product Launches and Product Expansions:
7.10. Hon Hai Precision Industry Co., Ltd.
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Regional Analysis
7.10.4 Research & Development Expense

Companies Mentioned

  • ABB Group
  • General Electric (GE) Co.
  • Siemens AG
  • Schneider Electric SE
  • Panasonic Corporation
  • Koninklijke Philips N.V.
  • Legrand S.A. (Raritan, Inc.)
  • CyberPower Systems (USA), Inc.
  • Leviton Manufacturing Co., Inc.
  • Hon Hai Precision Industry Co., Ltd. (Belkin International, Inc.)

Methodology

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