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    US Power Strip Market

    ID: MRFR/E&P/11566-CR
    100 Pages
    Garvit Vyas
    December 2023

    US Power Strip Market Research Report Information By Type (Common Power Strip, Smart Power Strip, and Specialized Power Strip), By Protection Type (Surge Protection and Fuse Based Protection), By Application (Household, Commercial, and Industrial), and By Region - Global Forecast to 2035

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    US Power Strip Market Infographic
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    US Power Strip Market Summary

    As per MRFR analysis, the US power strip market size was estimated at 3145.7 USD Million in 2024. The US power strip market is projected to grow from 3280.97 USD Million in 2025 to 4998.56 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 4.3% during the forecast period 2025 - 2035.

    Key Market Trends & Highlights

    The US power strip market is experiencing a transformative shift towards smart technology and enhanced safety features.

    • The rise of smart power strips indicates a growing consumer preference for connectivity and automation in home and office environments.
    • Increased focus on safety features suggests that manufacturers are prioritizing consumer protection against electrical hazards.
    • Sustainability and energy efficiency trends reflect a broader societal shift towards eco-friendly products and practices.
    • Growing demand for home office solutions and rising awareness of electrical safety are key drivers propelling market expansion.

    Market Size & Forecast

    2024 Market Size 3145.7 (USD Million)
    2035 Market Size 4998.56 (USD Million)

    Major Players

    Schneider Electric (FR), Belkin International (US), Tripp Lite (US), CyberPower Systems (TW), Eaton Corporation (IE), APC by Schneider Electric (FR), Legrand (FR), GE (US)

    US Power Strip Market Trends

    The power strip market is currently experiencing notable shifts driven by evolving consumer preferences and technological advancements. As households and businesses increasingly rely on multiple electronic devices, the demand for power strips that offer enhanced functionality is on the rise. This trend is characterized by a growing interest in smart power strips, which provide features such as energy monitoring, surge protection, and remote control capabilities. Additionally, the emphasis on energy efficiency is prompting manufacturers to innovate, leading to the development of products that minimize energy waste while maximizing convenience. Moreover, safety concerns are becoming paramount in the power strip market. Consumers are more aware of the risks associated with electrical overloads and are seeking products that incorporate advanced safety features. This includes surge protection, child safety locks, and thermal fuses, which are designed to prevent accidents and ensure reliable performance. As a result, manufacturers are focusing on compliance with safety standards and certifications, which may enhance consumer trust and drive sales. Overall, the power strip market is poised for growth as it adapts to the changing landscape of technology and consumer expectations.

    Rise of Smart Power Strips

    The emergence of smart power strips is reshaping the market landscape. These devices offer features such as remote access, energy monitoring, and integration with smart home systems, appealing to tech-savvy consumers.

    Increased Focus on Safety Features

    Safety remains a critical concern for consumers, leading to a heightened demand for power strips equipped with advanced safety mechanisms. Features like surge protection and child safety locks are becoming standard.

    Sustainability and Energy Efficiency

    The push for sustainability is influencing product design in the power strip market. Manufacturers are prioritizing energy-efficient models that reduce power consumption and promote environmentally friendly practices.

    US Power Strip Market Drivers

    Shift Towards Eco-Friendly Products

    The power strip market is increasingly influenced by the shift towards eco-friendly products as consumers become more environmentally conscious. In 2025, it is projected that around 25% of consumers actively seek out sustainable power solutions. This trend is prompting manufacturers to explore materials that are recyclable and energy-efficient. Additionally, the demand for power strips that minimize energy consumption during standby mode is on the rise, as consumers aim to reduce their carbon footprint. The power strip market is thus adapting by offering eco-friendly options that align with consumer values, potentially leading to a competitive advantage in a market that is becoming more focused on sustainability.

    Rising Awareness of Electrical Safety

    The power strip market is significantly influenced by the growing awareness of electrical safety among consumers. With an increase in the number of electrical fires and accidents attributed to faulty power strips, there is a heightened demand for products that prioritize safety features. In 2025, it is estimated that nearly 40% of consumers consider safety features as a primary factor when purchasing power strips. This trend has prompted manufacturers to innovate by incorporating features such as overload protection, circuit breakers, and flame-resistant materials. Consequently, the power strip market is responding to these safety concerns by developing products that not only meet regulatory standards but also provide peace of mind to consumers.

    Growing Demand for Home Office Solutions

    The power strip market is experiencing a notable surge in demand due to the increasing prevalence of home office setups. As more individuals work remotely, the need for reliable power solutions has intensified. In 2025, it is estimated that approximately 30% of the workforce in the US is engaged in remote work, leading to a heightened requirement for power strips that can accommodate multiple devices. This trend is further supported by the rise in electronic devices per household, with an average of 10 devices requiring power. Consequently, the power strip market is adapting to meet these needs by offering products that provide enhanced functionality, such as USB ports and surge protection, ensuring that consumers have access to safe and efficient power solutions.

    Expansion of E-Commerce and Online Retail

    The power strip market is experiencing a transformation due to the expansion of e-commerce and online retail platforms. As consumers increasingly prefer the convenience of online shopping, the accessibility of power strips through various digital channels is enhancing market growth. In 2025, it is estimated that online sales of power strips will account for approximately 35% of total sales in the industry. This shift is encouraging manufacturers to optimize their online presence and engage in targeted marketing strategies to reach a broader audience. Consequently, the power strip market is likely to benefit from this trend, as consumers seek out competitive pricing and product variety available through online platforms.

    Technological Advancements in Power Strip Design

    The power strip market is witnessing significant innovation driven by advancements in technology. Manufacturers are increasingly integrating smart features into power strips, allowing users to control their devices remotely via smartphone applications. This trend is indicative of a broader shift towards smart home technology, which is projected to grow at a CAGR of 25% through 2026. Additionally, the incorporation of energy monitoring capabilities in power strips is becoming more prevalent, enabling consumers to track their energy usage and reduce costs. As a result, the power strip market is evolving to offer products that not only provide power but also enhance user experience and energy efficiency.

    Market Segment Insights

    By Type: Common Power Strip (Largest) vs. Smart Power Strip (Fastest-Growing)

    In the US power strip market, the Common Power Strip holds the largest market share, reflecting its traditional usage and widespread acceptance among consumers and businesses alike. This segment has garnered a significant consumer base due to its reliability and cost-effectiveness. On the other hand, the Smart Power Strip is rapidly gaining traction, fueled by the increasing demand for smart home devices and energy efficiency solutions. This growth indicates a shifting trend towards more technologically advanced products that offer additional features and connectivity. The growth trends in this segment reveal a clear transition towards automation and smart technology. The Smart Power Strip is set to outpace the Common Power Strip as consumers prioritize convenience and energy management in their electrical devices. Drivers of this segment growth include advancements in IoT, consumer preference for integrated home solutions, and a growing awareness of energy efficiency. These factors suggest that while the Common Power Strip remains dominant, the Smart Power Strip is establishing itself as an essential component of modern electrical solutions in homes and offices.

    Power Strips: Common (Dominant) vs. Smart (Emerging)

    The Common Power Strip is characterized by its simple design and universal functionality, catering to basic electrical needs in various settings such as homes, offices, and industrial applications. Its widespread usage is primarily due to affordability and ease of access. In contrast, the Smart Power Strip, marked as an emerging product, features advanced functionalities such as remote control, energy monitoring, and compatibility with smart home ecosystems. This segment attracts tech-savvy consumers, offering them modern solutions for energy management and device connectivity. As innovation and consumer preferences shift, the Smart Power Strip's growth mirrors the evolving landscape of electrical appliances, indicating a potential future where smart technology predominates over traditional options.

    By Protection Type: Surge Protection (Largest) vs. Fuse Based Protection (Fastest-Growing)

    In the US power strip market, surge protection dominates the protection type segment, capturing a significant market share. This segment's popularity is driven by the increasing need for safeguarding electronic devices from sudden voltage spikes. On the other hand, fuse based protection holds a smaller market share but is experiencing rapid growth due to rising consumer awareness about electrical safety and the increasing demand for cost-effective solutions that prevent damage to home appliances. The growth trends in the protection type segment are heavily influenced by advancements in technology and increased regulatory standards for electrical safety. Surge protection remains crucial as consumers invest in high-value electronics, while the fuse based protection segment benefits from its simplicity and affordability. As more households seek reliable and economically viable solutions, the fuse based protection segment is projected to expand quickly in the coming years.

    Surge Protection (Dominant) vs. Fuse Based Protection (Emerging)

    Surge protection is characterized by its capacity to shield electrical devices from voltage spikes, making it the dominant choice among consumers in the market. Its effectiveness in preserving sensitive equipment has solidified its reputation, leading to widespread adoption in households and offices alike. Conversely, fuse based protection is emerging as a viable alternative, particularly for budget-conscious consumers. This protection type offers basic functionality at an affordable price point, appealing to a segment of the market that prioritizes value. Companies are increasingly innovating within this space to enhance the appeal of fuse based products, ensuring it continues to gain traction as an emerging segment in the overall market.

    By Application: Household (Largest) vs. Commercial (Fastest-Growing)

    The US power strip market exhibits a diverse landscape, with the household segment commanding a significant share due to increased consumer reliance on electronic devices and home appliances. This segment benefits from the growing trend of home offices and a greater number of devices requiring power. In contrast, the commercial application is witnessing rising demand, spurred by the expansion of businesses and the need for efficient power solutions in workplaces. As the market evolves, the commercial segment is projected to grow at an accelerated pace, driven by the surge in digitalization and smart technologies integrated into office settings. Additionally, sustainability initiatives are pushing businesses to adopt energy-efficient power strips, creating new opportunities for growth. With these trends, the industrial segment remains stable but may not grow as rapidly as the commercial sector.

    Household (Dominant) vs. Commercial (Emerging)

    The household segment in the US power strip market is characterized by a vast range of consumer-oriented products that cater to everyday needs for connectivity and safety. With an increasing number of household electronics, the demand for power strips that offer surge protection and multiple outlets continues to be strong. Conversely, the commercial segment is emerging as a crucial player, especially with the rise of remote work and hybrid office models. Commercial power strips focus on advanced features like smart technology, which allows for better energy management and convenience, positioning them strongly against traditional household options.

    Get more detailed insights about US Power Strip Market

    Key Players and Competitive Insights

    The power strip market in the US exhibits a competitive landscape characterized by a blend of innovation, strategic partnerships, and a focus on sustainability. Key players such as Schneider Electric (FR), Belkin International (US), and Tripp Lite (US) are actively shaping the market dynamics. Schneider Electric (FR) emphasizes digital transformation and energy efficiency, positioning itself as a leader in smart power solutions. Belkin International (US) focuses on consumer electronics, leveraging its brand reputation to enhance product offerings. Tripp Lite (US) adopts a strategy centered on reliability and customer service, catering to both residential and commercial sectors. Collectively, these strategies foster a competitive environment that prioritizes technological advancement and customer-centric solutions.

    In terms of business tactics, companies are increasingly localizing manufacturing to mitigate supply chain disruptions and optimize logistics. The market structure appears moderately fragmented, with several players vying for market share. This fragmentation allows for diverse product offerings, yet the influence of major companies remains substantial, as they set trends and standards that smaller firms often follow.

    In October 2025, Schneider Electric (FR) announced a partnership with a leading tech firm to develop AI-driven power management systems. This strategic move is likely to enhance their product portfolio, enabling smarter energy consumption and positioning them favorably in the growing market for intelligent home solutions. The integration of AI into power management could significantly improve efficiency and user experience, aligning with current consumer demands for smart home technologies.

    In September 2025, Belkin International (US) launched a new line of eco-friendly power strips designed to reduce energy consumption. This initiative not only reflects a commitment to sustainability but also caters to the increasing consumer preference for environmentally responsible products. By focusing on eco-friendly solutions, Belkin may strengthen its market position and appeal to a broader audience concerned about environmental impact.

    In August 2025, Tripp Lite (US) expanded its product range by introducing a series of surge protectors with advanced safety features. This expansion is indicative of the company's strategy to enhance product reliability and safety, which are critical factors for consumers in both residential and commercial markets. By prioritizing safety, Tripp Lite could potentially capture a larger share of the market, particularly among safety-conscious consumers.

    As of November 2025, the competitive trends in the power strip market are increasingly defined by digitalization, sustainability, and the integration of advanced technologies such as AI. Strategic alliances are becoming more prevalent, as companies seek to leverage each other's strengths to enhance product offerings and market reach. The competitive differentiation is likely to evolve from traditional price-based competition towards a focus on innovation, technology integration, and supply chain reliability. This shift suggests that companies that prioritize these aspects will be better positioned to thrive in the dynamic landscape of the power strip market.

    Key Companies in the US Power Strip Market market include

    Future Outlook

    US Power Strip Market Future Outlook

    The power strip market is projected to grow at a 4.3% CAGR from 2024 to 2035, driven by increasing demand for smart home devices and energy-efficient solutions.

    New opportunities lie in:

    • Development of smart power strips with IoT integration for energy management.
    • Expansion into e-commerce platforms for direct consumer sales.
    • Partnerships with renewable energy companies for eco-friendly power solutions.

    By 2035, the market is expected to achieve robust growth, driven by innovation and strategic partnerships.

    Market Segmentation

    US Power Strip Market Type Outlook

    • Common Power Strip
    • Smart Power Strip
    • Specialized Power Strip

    US Power Strip Market Application Outlook

    • Household
    • Commercial
    • Industrial

    US Power Strip Market Protection Type Outlook

    • Surge Protection
    • Fuse Based Protection

    Report Scope

    MARKET SIZE 2024 3145.7(USD Million)
    MARKET SIZE 2025 3280.97(USD Million)
    MARKET SIZE 2035 4998.56(USD Million)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 4.3% (2024 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    Market Forecast Period 2025 - 2035
    Historical Data 2019 - 2024
    Market Forecast Units USD Million
    Key Companies Profiled Schneider Electric (FR), Belkin International (US), Tripp Lite (US), CyberPower Systems (TW), Eaton Corporation (IE), APC by Schneider Electric (FR), Legrand (FR), GE (US)
    Segments Covered Type, Protection Type, Application
    Key Market Opportunities Integration of smart technology and energy efficiency features in the power strip market.
    Key Market Dynamics Rising demand for smart power strips driven by consumer preference for energy efficiency and advanced technology features.
    Countries Covered US

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    FAQs

    What is the expected market size of the US Power Strip Market in 2024?

    The US Power Strip Market is expected to be valued at 2.6 billion USD in 2024.

    What will be the market value of Common Power Strips in 2035?

    In 2035, the Common Power Strip segment is projected to reach a value of 1.8 billion USD.

    What is the expected compound annual growth rate (CAGR) for the US Power Strip Market from 2025 to 2035?

    The market is anticipated to grow at a CAGR of 5.113% during the period from 2025 to 2035.

    Which type of power strip will have the highest market value in 2024?

    The Common Power Strip will have the highest market value at 1.1 billion USD in 2024.

    What is the projected market size for Smart Power Strips in 2035?

    The Smart Power Strip market segment is expected to grow to 1.5 billion USD by 2035.

    What are the major players in the US Power Strip Market?

    Key players include GE, Emerson Electric, Targus, APC, Eaton, and Belkin International.

    How much is the Specialized Power Strip segment expected to be valued in 2024?

    The Specialized Power Strip segment is expected to be valued at 0.6 billion USD in 2024.

    What will be the overall market value of US Power Strip Market in 2035?

    The overall market is projected to reach a value of 4.5 billion USD by 2035.

    What growth opportunities exist within the US Power Strip Market?

    There are significant growth opportunities in the smart power strip segment due to increasing demand for energy-efficient solutions.

    What impact do current global trends have on the US Power Strip Market?

    Current global trends are driving innovation in smart and specialized power strips, enhancing market growth potentials.

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