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Smart Plug - Global Market Outlook (2020-2028)

May 2021 | 150 pages | ID: S9A08B32330FEN
Stratistics Market Research Consulting

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According to Stratistics MRC, the Global Smart Plug Market is accounted for $3,237.08 million in 2020 and is expected to reach $8,130.10 million by 2028 growing at a CAGR of 12.2% during the forecast period. Rising technological advancements, increasing preference for smart homes, and high demand for remote access to appliances are the major factors propelling the market growth. However, security concerns associated with smart plugs and IoT is hampering the market growth.

Controlled remotely by a mobile app or smart home automation hub, a smart plug allows users to turn on and off any device that plugs into a standard wall outlet. Certain outlets can even be programmed to be able to turn on or off automatically at particular times or according to certain events. Smart plugs track energy usage and can represent the data on a mobile device. They are a cost-efficient way to convert any ordinary home appliances such as air conditioners, television, cable box, lamp, a coffee machine, fan, and others into a smart appliance enabling smart features accessible from mobile devices. Smart plugs, which have a myriad of uses, can form versatile building blocks for smart homes.

Based on end user, the household segment is going to have a lucrative growth during the forecast period owing to the large acceptance of technologically advanced products amongst householders and the average disposable income of the population. The concept of controlling all the electronic components of a home is gaining increasing attention, and vendors are developing smart plugs to cater to this demand. Smart plugs allow homeowners to operate and monitor all connected appliances via a smartphone.

By geography, Asia Pacific is going to have a lucrative growth during the forecast period due to the rising economies in the nations such as China, Japan, and India. In addition to this, rising middle-class population and the growing demand for digital services and solutions are some of the key factors that are likely to encourage the market growth in the near future.

Some of the key players profiled in the Smart Plug Market include Belkin International Inc., Broadlink, D-Link Corp., EDIMAX Technology Co. Ltd., Etekcity Corp., Haier, Insteon, iSmart Alarm Inc., Konke, Leviton Manufacturing Co. Inc., Panasonic Corp., Samsung, SDI Technologies Inc., TP-Link Technologies Co. Ltd., and Xiaomiw.

Platforms Covered:
  • Bluetooth
  • Wi-Fi
  • Zigbee or Z-Wave
Products Covered:
  • Metering Smart Plug
  • Timing Smart Plug
Types Covered:
  • Two-hole Plug
  • Three-hole Plug
  • Porous Plug
Technologies Covered:
  • Early Majority
  • Early Adopters
  • Innovator
Distribution Channels Covered:
  • Offline
  • Online
End Users Covered:
  • Commercial (Restaurant & Hotel)
  • Household
  • Industrial
Regions Covered:
  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • Italy
    • France
    • Spain
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • India
    • Australia
    • New Zealand
    • South Korea
    • Rest of Asia Pacific
  • South America
    • Argentina
    • Brazil
    • Chile
    • Rest of South America
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Qatar
    • South Africa
    • Rest of Middle East & Africa
What our report offers:
  • Market share assessments for the regional and country-level segments
  • Strategic recommendations for the new entrants
  • Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
  • Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements
Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:
  • Company Profiling
        • Comprehensive profiling of additional market players (up to 3)
        • SWOT Analysis of key players (up to 3)
  • Regional Segmentation
    • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
  • Competitive Benchmarking
    • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
1 EXECUTIVE SUMMARY

2 PREFACE

2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
  2.4.1 Data Mining
  2.4.2 Data Analysis
  2.4.3 Data Validation
  2.4.4 Research Approach
2.5 Research Sources
  2.5.1 Primary Research Sources
  2.5.2 Secondary Research Sources
  2.5.3 Assumptions

3 MARKET TREND ANALYSIS

3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Technology Analysis
3.8 End User Analysis
3.9 Emerging Markets
3.10 Impact of Covid-19

4 PORTERS FIVE FORCE ANALYSIS

4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry

5 GLOBAL SMART PLUG MARKET, BY PLATFORM

5.1 Introduction
5.2 Bluetooth
5.3 Wi-Fi
5.4 Zigbee or Z-Wave

6 GLOBAL SMART PLUG MARKET, BY PRODUCT

6.1 Introduction
6.2 Metering Smart Plug
6.3 Timing Smart Plug

7 GLOBAL SMART PLUG MARKET, BY TYPE

7.1 Introduction
7.2 Two-hole Plug
7.3 Three-hole Plug
7.4 Porous Plug

8 GLOBAL SMART PLUG MARKET, BY TECHNOLOGY

8.1 Introduction
8.2 Early Majority
8.3 Early Adopters
8.4 Innovator

9 GLOBAL SMART PLUG MARKET, BY DISTRIBUTION CHANNEL

9.1 Introduction
9.2 Offline
9.3 Online

10 GLOBAL SMART PLUG MARKET, BY END USER

10.1 Introduction
10.2 Commercial (Restaurant & Hotel)
10.3 Household
10.4 Industrial

11 GLOBAL SMART PLUG MARKET, BY GEOGRAPHY

11.1 Introduction
11.2 North America
  11.2.1 US
  11.2.2 Canada
  11.2.3 Mexico
11.3 Europe
  11.3.1 Germany
  11.3.2 UK
  11.3.3 Italy
  11.3.4 France
  11.3.5 Spain
  11.3.6 Rest of Europe
11.4 Asia Pacific
  11.4.1 Japan
  11.4.2 China
  11.4.3 India
  11.4.4 Australia
  11.4.5 New Zealand
  11.4.6 South Korea
  11.4.7 Rest of Asia Pacific
11.5 South America
  11.5.1 Argentina
  11.5.2 Brazil
  11.5.3 Chile
  11.5.4 Rest of South America
11.6 Middle East & Africa
  11.6.1 Saudi Arabia
  11.6.2 UAE
  11.6.3 Qatar
  11.6.4 South Africa
  11.6.5 Rest of Middle East & Africa

12 KEY DEVELOPMENTS

12.1 Agreements, Partnerships, Collaborations and Joint Ventures
12.2 Acquisitions & Mergers
12.3 New Product Launch
12.4 Expansions
12.5 Other Key Strategies

13 COMPANY PROFILING

13.1 Belkin International Inc.
13.2 Broadlink
13.3 D-Link Corp.
13.4 EDIMAX Technology Co. Ltd.
13.5 Etekcity Corp.
13.6 Haier
13.7 Insteon
13.8 iSmart Alarm Inc.
13.9 Konke
13.10 Leviton Manufacturing Co. Inc.
13.11 Panasonic Corp.
13.12 Samsung
13.13 SDI Technologies Inc.
13.14 TP-Link Technologies Co. Ltd.
13.15 Xiaomi

LIST OF TABLES

Table 1 Global Smart Plug Market Outlook, By Region (2019-2028) ($MN)
Table 2 Global Smart Plug Market Outlook, By Platform (2019-2028) ($MN)
Table 3 Global Smart Plug Market Outlook, By Bluetooth (2019-2028) ($MN)
Table 4 Global Smart Plug Market Outlook, By Wi-Fi (2019-2028) ($MN)
Table 5 Global Smart Plug Market Outlook, By Zigbee or Z-Wave (2019-2028) ($MN)
Table 6 Global Smart Plug Market Outlook, By Product (2019-2028) ($MN)
Table 7 Global Smart Plug Market Outlook, By Metering Smart Plug (2019-2028) ($MN)
Table 8 Global Smart Plug Market Outlook, By Timing Smart Plug (2019-2028) ($MN)
Table 9 Global Smart Plug Market Outlook, By Type (2019-2028) ($MN)
Table 10 Global Smart Plug Market Outlook, By Two-hole Plug (2019-2028) ($MN)
Table 11 Global Smart Plug Market Outlook, By Three-hole Plug (2019-2028) ($MN)
Table 12 Global Smart Plug Market Outlook, By Porous Plug (2019-2028) ($MN)
Table 13 Global Smart Plug Market Outlook, By Technology (2019-2028) ($MN)
Table 14 Global Smart Plug Market Outlook, By Early Majority (2019-2028) ($MN)
Table 15 Global Smart Plug Market Outlook, By Early Adopters (2019-2028) ($MN)
Table 16 Global Smart Plug Market Outlook, By Innovator (2019-2028) ($MN)
Table 17 Global Smart Plug Market Outlook, By Distribution Channel (2019-2028) ($MN)
Table 18 Global Smart Plug Market Outlook, By Offline (2019-2028) ($MN)
Table 19 Global Smart Plug Market Outlook, By Online (2019-2028) ($MN)
Table 20 Global Smart Plug Market Outlook, By End User (2019-2028) ($MN)
Table 21 Global Smart Plug Market Outlook, By Commercial (Restaurant & Hotel) (2019-2028) ($MN)
Table 22 Global Smart Plug Market Outlook, By Household (2019-2028) ($MN)
Table 23 Global Smart Plug Market Outlook, By Industrial (2019-2028) ($MN)
Table 24 North America Smart Plug Market Outlook, By Country (2019-2028) ($MN)
Table 25 North America Smart Plug Market Outlook, By Platform (2019-2028) ($MN)
Table 26 North America Smart Plug Market Outlook, By Bluetooth (2019-2028) ($MN)
Table 27 North America Smart Plug Market Outlook, By Wi-Fi (2019-2028) ($MN)
Table 28 North America Smart Plug Market Outlook, By Zigbee or Z-Wave (2019-2028) ($MN)
Table 29 North America Smart Plug Market Outlook, By Product (2019-2028) ($MN)
Table 30 North America Smart Plug Market Outlook, By Metering Smart Plug (2019-2028) ($MN)
Table 31 North America Smart Plug Market Outlook, By Timing Smart Plug (2019-2028) ($MN)
Table 32 North America Smart Plug Market Outlook, By Type (2019-2028) ($MN)
Table 33 North America Smart Plug Market Outlook, By Two-hole Plug (2019-2028) ($MN)
Table 34 North America Smart Plug Market Outlook, By Three-hole Plug (2019-2028) ($MN)
Table 35 North America Smart Plug Market Outlook, By Porous Plug (2019-2028) ($MN)
Table 36 North America Smart Plug Market Outlook, By Technology (2019-2028) ($MN)
Table 37 North America Smart Plug Market Outlook, By Early Majority (2019-2028) ($MN)
Table 38 North America Smart Plug Market Outlook, By Early Adopters (2019-2028) ($MN)
Table 39 North America Smart Plug Market Outlook, By Innovator (2019-2028) ($MN)
Table 40 North America Smart Plug Market Outlook, By Distribution Channel (2019-2028) ($MN)
Table 41 North America Smart Plug Market Outlook, By Offline (2019-2028) ($MN)
Table 42 North America Smart Plug Market Outlook, By Online (2019-2028) ($MN)
Table 43 North America Smart Plug Market Outlook, By End User (2019-2028) ($MN)
Table 44 North America Smart Plug Market Outlook, By Commercial (Restaurant & Hotel) (2019-2028) ($MN)
Table 45 North America Smart Plug Market Outlook, By Household (2019-2028) ($MN)
Table 46 North America Smart Plug Market Outlook, By Industrial (2019-2028) ($MN)
Table 47 Europe Smart Plug Market Outlook, By Country (2019-2028) ($MN)
Table 48 Europe Smart Plug Market Outlook, By Platform (2019-2028) ($MN)
Table 49 Europe Smart Plug Market Outlook, By Bluetooth (2019-2028) ($MN)
Table 50 Europe Smart Plug Market Outlook, By Wi-Fi (2019-2028) ($MN)
Table 51 Europe Smart Plug Market Outlook, By Zigbee or Z-Wave (2019-2028) ($MN)
Table 52 Europe Smart Plug Market Outlook, By Product (2019-2028) ($MN)
Table 53 Europe Smart Plug Market Outlook, By Metering Smart Plug (2019-2028) ($MN)
Table 54 Europe Smart Plug Market Outlook, By Timing Smart Plug (2019-2028) ($MN)
Table 55 Europe Smart Plug Market Outlook, By Type (2019-2028) ($MN)
Table 56 Europe Smart Plug Market Outlook, By Two-hole Plug (2019-2028) ($MN)
Table 57 Europe Smart Plug Market Outlook, By Three-hole Plug (2019-2028) ($MN)
Table 58 Europe Smart Plug Market Outlook, By Porous Plug (2019-2028) ($MN)
Table 59 Europe Smart Plug Market Outlook, By Technology (2019-2028) ($MN)
Table 60 Europe Smart Plug Market Outlook, By Early Majority (2019-2028) ($MN)
Table 61 Europe Smart Plug Market Outlook, By Early Adopters (2019-2028) ($MN)
Table 62 Europe Smart Plug Market Outlook, By Innovator (2019-2028) ($MN)
Table 63 Europe Smart Plug Market Outlook, By Distribution Channel (2019-2028) ($MN)
Table 64 Europe Smart Plug Market Outlook, By Offline (2019-2028) ($MN)
Table 65 Europe Smart Plug Market Outlook, By Online (2019-2028) ($MN)
Table 66 Europe Smart Plug Market Outlook, By End User (2019-2028) ($MN)
Table 67 Europe Smart Plug Market Outlook, By Commercial (Restaurant & Hotel) (2019-2028) ($MN)
Table 68 Europe Smart Plug Market Outlook, By Household (2019-2028) ($MN)
Table 69 Europe Smart Plug Market Outlook, By Industrial (2019-2028) ($MN)
Table 70 Asia Pacific Smart Plug Market Outlook, By Country (2019-2028) ($MN)
Table 71 Asia Pacific Smart Plug Market Outlook, By Platform (2019-2028) ($MN)
Table 72 Asia Pacific Smart Plug Market Outlook, By Bluetooth (2019-2028) ($MN)
Table 73 Asia Pacific Smart Plug Market Outlook, By Wi-Fi (2019-2028) ($MN)
Table 74 Asia Pacific Smart Plug Market Outlook, By Zigbee or Z-Wave (2019-2028) ($MN)
Table 75 Asia Pacific Smart Plug Market Outlook, By Product (2019-2028) ($MN)
Table 76 Asia Pacific Smart Plug Market Outlook, By Metering Smart Plug (2019-2028) ($MN)
Table 77 Asia Pacific Smart Plug Market Outlook, By Timing Smart Plug (2019-2028) ($MN)
Table 78 Asia Pacific Smart Plug Market Outlook, By Type (2019-2028) ($MN)
Table 79 Asia Pacific Smart Plug Market Outlook, By Two-hole Plug (2019-2028) ($MN)
Table 80 Asia Pacific Smart Plug Market Outlook, By Three-hole Plug (2019-2028) ($MN)
Table 81 Asia Pacific Smart Plug Market Outlook, By Porous Plug (2019-2028) ($MN)
Table 82 Asia Pacific Smart Plug Market Outlook, By Technology (2019-2028) ($MN)
Table 83 Asia Pacific Smart Plug Market Outlook, By Early Majority (2019-2028) ($MN)
Table 84 Asia Pacific Smart Plug Market Outlook, By Early Adopters (2019-2028) ($MN)
Table 85 Asia Pacific Smart Plug Market Outlook, By Innovator (2019-2028) ($MN)
Table 86 Asia Pacific Smart Plug Market Outlook, By Distribution Channel (2019-2028) ($MN)
Table 87 Asia Pacific Smart Plug Market Outlook, By Offline (2019-2028) ($MN)
Table 88 Asia Pacific Smart Plug Market Outlook, By Online (2019-2028) ($MN)
Table 89 Asia Pacific Smart Plug Market Outlook, By End User (2019-2028) ($MN)
Table 90 Asia Pacific Smart Plug Market Outlook, By Commercial (Restaurant & Hotel) (2019-2028) ($MN)
Table 91 Asia Pacific Smart Plug Market Outlook, By Household (2019-2028) ($MN)
Table 92 Asia Pacific Smart Plug Market Outlook, By Industrial (2019-2028) ($MN)
Table 93 South America Smart Plug Market Outlook, By Country (2019-2028) ($MN)
Table 94 South America Smart Plug Market Outlook, By Platform (2019-2028) ($MN)
Table 95 South America Smart Plug Market Outlook, By Bluetooth (2019-2028) ($MN)
Table 96 South America Smart Plug Market Outlook, By Wi-Fi (2019-2028) ($MN)
Table 97 South America Smart Plug Market Outlook, By Zigbee or Z-Wave (2019-2028) ($MN)
Table 98 South America Smart Plug Market Outlook, By Product (2019-2028) ($MN)
Table 99 South America Smart Plug Market Outlook, By Metering Smart Plug (2019-2028) ($MN)
Table 100 South America Smart Plug Market Outlook, By Timing Smart Plug (2019-2028) ($MN)
Table 101 South America Smart Plug Market Outlook, By Type (2019-2028) ($MN)
Table 102 South America Smart Plug Market Outlook, By Two-hole Plug (2019-2028) ($MN)
Table 103 South America Smart Plug Market Outlook, By Three-hole Plug (2019-2028) ($MN)
Table 104 South America Smart Plug Market Outlook, By Porous Plug (2019-2028) ($MN)
Table 105 South America Smart Plug Market Outlook, By Technology (2019-2028) ($MN)
Table 106 South America Smart Plug Market Outlook, By Early Majority (2019-2028) ($MN)
Table 107 South America Smart Plug Market Outlook, By Early Adopters (2019-2028) ($MN)
Table 108 South America Smart Plug Market Outlook, By Innovator (2019-2028) ($MN)
Table 109 South America Smart Plug Market Outlook, By Distribution Channel (2019-2028) ($MN)
Table 110 South America Smart Plug Market Outlook, By Offline (2019-2028) ($MN)
Table 111 South America Smart Plug Market Outlook, By Online (2019-2028) ($MN)
Table 112 South America Smart Plug Market Outlook, By End User (2019-2028) ($MN)
Table 113 South America Smart Plug Market Outlook, By Commercial (Restaurant & Hotel) (2019-2028) ($MN)
Table 114 South America Smart Plug Market Outlook, By Household (2019-2028) ($MN)
Table 115 South America Smart Plug Market Outlook, By Industrial (2019-2028) ($MN)
Table 116 Middle East & Africa Smart Plug Market Outlook, By Country (2019-2028) ($MN)
Table 117 Middle East & Africa Smart Plug Market Outlook, By Platform (2019-2028) ($MN)
Table 118 Middle East & Africa Smart Plug Market Outlook, By Bluetooth (2019-2028) ($MN)
Table 119 Middle East & Africa Smart Plug Market Outlook, By Wi-Fi (2019-2028) ($MN)
Table 120 Middle East & Africa Smart Plug Market Outlook, By Zigbee or Z-Wave (2019-2028) ($MN)
Table 121 Middle East & Africa Smart Plug Market Outlook, By Product (2019-2028) ($MN)
Table 122 Middle East & Africa Smart Plug Market Outlook, By Metering Smart Plug (2019-2028) ($MN)
Table 123 Middle East & Africa Smart Plug Market Outlook, By Timing Smart Plug (2019-2028) ($MN)
Table 124 Middle East & Africa Smart Plug Market Outlook, By Type (2019-2028) ($MN)
Table 125 Middle East & Africa Smart Plug Market Outlook, By Two-hole Plug (2019-2028) ($MN)
Table 126 Middle East & Africa Smart Plug Market Outlook, By Three-hole Plug (2019-2028) ($MN)
Table 127 Middle East & Africa Smart Plug Market Outlook, By Porous Plug (2019-2028) ($MN)
Table 128 Middle East & Africa Smart Plug Market Outlook, By Technology (2019-2028) ($MN)
Table 129 Middle East & Africa Smart Plug Market Outlook, By Early Majority (2019-2028) ($MN)
Table 130 Middle East & Africa Smart Plug Market Outlook, By Early Adopters (2019-2028) ($MN)
Table 131 Middle East & Africa Smart Plug Market Outlook, By Innovator (2019-2028) ($MN)
Table 132 Middle East & Africa Smart Plug Market Outlook, By Distribution Channel (2019-2028) ($MN)
Table 133 Middle East & Africa Smart Plug Market Outlook, By Offline (2019-2028) ($MN)
Table 134 Middle East & Africa Smart Plug Market Outlook, By Online (2019-2028) ($MN)
Table 135 Middle East & Africa Smart Plug Market Outlook, By End User (2019-2028) ($MN)
Table 136 Middle East & Africa Smart Plug Market Outlook, By Commercial (Restaurant & Hotel) (2019-2028) ($MN)
Table 137 Middle East & Africa Smart Plug Market Outlook, By Household (2019-2028) ($MN)
Table 138 Middle East & Africa Smart Plug Market Outlook, By Industrial (2019-2028) ($MN)


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