Smart plugs are power receptacle devices that plug into traditional electrical outlet and integrate into smart home. Rise in disposable income of customers and change in lifestyle are further projected to accelerate the global smart plug market in coming years. Increase in adoption of energy efficient home appliances and innovative product in smart homes will drive the market growth.
Increase in technological advancements and investments by prominent players are the key driving factors which are expected to boost the global smart plug market growth. Furthermore, growing need of consumers for a convenient lifestyle, advancements in the IoT framework, and improved energy saving will have the positive impact on market growth. Moreover, smart devices are becoming popular due to benefits such as remote control, remote monitoring, and other features enabling cost savings and convenience will propel the market growth during this forecast period. Also, implementation of smart homes due to government initiatives to enhance standard of living, will significantly grow global smart plug market.
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However, security concerns associated with smart plugs are the major restraining factors which are expected to hamper the global smart plug market growth.
Global Smart Plug Market is segmented into technology such as Bluetooth, and Wi-Fi. Further, market is segmented into end user such as Automotive, Healthcare, Aerospace & Defense, Power & Energy, Consumer Electronics, IT & Telecommunication, Industrial, and Others.
Also, Global Smart Plug Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Various key players are discussed in this report such as Panasonic, Belkin International, Insteon, Leviton, TP-Link, D-Link, Etekcity, SDI Technologies, iSmartAlarm, and EDIMAX Technology.
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5.1 Y-o-Y Growth Comparison, By Technology
5.2 Global Smart Plug Market Share Analysis, By Technology
5.3 Global Smart Plug Market Size and Forecast, By Technology
5.3.1 Bluetooth 5.3.2Wi-Fi
6.1 Y-o-Y Growth Comparison, By End User
6.2 Global Smart Plug Market Share Analysis, By End User
6.3 Global Smart Plug Market Size and Forecast, By End User
6.3.1 Automotive
6.3.2 Healthcare
6.3.3 Aerospace & Defence
6.3.4Power & Energy
6.3.5Consumer Electronics
6.3.6IT & Telecommunication
6.3.7Industrial
6.3.8 Others
7.1 Global Smart Plug Market Share Analysis, By Region
7.2 Global Smart Plug Market Share Analysis, By Region
7.3 Global Smart Plug Market Size and Forecast, By Region
8.1 Introduction
8.2 North America Smart Plug Market Share Analysis, By Technology
8.3 North America Smart Plug Market Size and Forecast, By End User
8.4 North America Smart Plug Market Size and Forecast, By Country
8.4.1 U.S
8.4.2 Canada
8.4.3 Mexico
9.1 Introduction
9.2 Europe Smart Plug Market Share Analysis, By Technology
9.3 Europe Smart Plug Market Size and Forecast, By End User
9.4 Europe Smart Plug Market Size and Forecast, By Country
9.4.1 Germany
9.4.2 France
9.4.3 UK
9.4.4. Rest of Europe
10.1 Introduction
10.2 Asia Pacific Smart Plug Market Share Analysis, By Technology
10.3 Asia Pacific Smart Plug Market Size and Forecast, By End User
10.4 Asia Pacific Smart Plug Market Size and Forecast, By Country
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4. Rest of Asia Pacific
11.1 Introduction
11.2 Latin America Smart Plug Market Share Analysis, By Technology
11.3 Latin America Smart Plug Market Size and Forecast, By End User
11.4 Latin America Smart Plug Market Size and Forecast, By Country
12.1 Introduction
12.2 Middle East Smart Plug Market Share Analysis, By Technology
12.3 Middle East Smart Plug Market Size and Forecast, By End User
12.4 Middle East Smart Plug Market Size and Forecast, By Country
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Belkin International
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 Insteon
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Leviton
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 TP-Link
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 D-Link
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Etekcity
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 SDI Technologies
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 iSmartAlarm
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 EDIMAX Technology
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies