A smart plug is a power receptacle that plugs into a traditional electrical outlet and integrates it into your smart home network, allowing you to control whatever you plug into it from an app on your smartphone or with your voice through a virtual assistant.
Belkin International, Inc began to promote Smart Outlet at 2013. Due to the existence of time buffers accepted by the audience, Smart Outlet was introduced to the market at 2016. Although a number of enterprises have sprung up in the market, there are a lot of players developing Smart Outlet. With the development of smart homes systems, The rate of growth is very fast in recent years. However, considering the factors of market capacity and update rate, we predict that the overall growth rate will decline in the future.
Global giant manufactures mainly distributed in North America, Europe and Asia. They have unshakable status in this field. The key product markets also locate at North America, Europe and Asia.
The market is not only influenced by the price, but also influenced by the product performance. The leading companies own the advantages on better performance, more abundant product’s Sales Channels, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market.
According to this study, over the next five years the Smart Outlet market will register a 25.2% CAGR in terms of revenue, the global market size will reach US$ 510 million by 2024, from US$ 130 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Smart Outlet business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Smart Outlet market by product type, application, key manufacturers and key regions and countries.
This study considers the Smart Outlet value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Off-line
Online
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Household Use
Commercial Use
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Belkin International, Inc
Insteon
Etekcity
Edimax
Xiaomi
BroadLink
Shenzhen Orvibo Electronics
Samsung
Konke
Nyrius
Media
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Smart Outlet consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Smart Outlet market by identifying its various subsegments.
Focuses on the key global Smart Outlet manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Smart Outlet with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Smart Outlet submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Smart Outlet. Industry analysis & Market Report on Smart Outlet is a syndicated market report, published as Global Smart Outlet Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Smart Outlet market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.