Global Smart Plug Market was valued US$ 1.38 Bn in 2017 and is expected to reach US$ 18.86 Bn by 2026, at a CAGR of 38.38 % during a forecast period.
The smart plug market is segmented into type, application, and region.
Further, smart plug market based on type includes Bluetooth and wi-fi. In terms of application segment, smart plug market is classified into household use, commercial use, and industrial use.
Based on regions, the global smart plug market is divided into five main regions are America, Europe, Asia-pacific, Latin America and Middle East & Africa.
Smart plugs are used to convert ordinary household appliances into smart appliances.
In terms of type, Wi-Fi segment dominates the market due to smart plugs are easy to use and very affordable, starting at less than $30 per switch, anyone with a smartphone can get in on the convenience of smart home technology by using wi-fi.
The major driving factor of global smart plug market is high demand for remote access to appliances, rapid adoption of home automation technologies, and changing consumer preferences inclining towards smart home applications. The growing need of consumers for a convenient lifestyle, improved energy savings, and advancements in the IoT framework is propelling the smart plug market. Additionally, use of connectivity as a differentiating feature by manufacturers, and the growing demand for energy-efficient appliances.
Security concerns associated with smart plugs and IoT is major restring factor of global smart plugs market.
In terms of geography, the Americas is one of the fastest growing regions in terms of global smart plug market and continue to grow during the forecasted period as well. Some of the major factors responsible for the growing adoption of smart plugs in the region is the high acceptance of technologically advanced products among customers and the average disposable income of the population.
Key companies in global Smart Plug Market include Belkin International Etekcity, EDIMAX Technology, Insteon, D-Link, BULL, Haier, SDI Technologies, Panasonic, TP-Link, Leviton, iSmartAlarm, and Broadlink.
Scope of Global Smart Plug Market:
Global Smart Plug Market, by Type:
• Bluetooth
• WI-FI
Global Smart Plug Market, by Application:
• Household Use
• Commercial Use
• Industrial Use
Global Smart Plug Market, by Region:
• North America
• Europe
• Middle East & Africa
• Asia Pacific
• Latin America
Key players operated in Global Smart Plug Market:
• Belkin International
• Etekcity
• EDIMAX Technology
• Insteon
• D-Link
• BULL
• Haier
• SDI Technologies
• Panasonic
• TP-Link
• Leviton
• iSmartAlarm
• Broadlink
1. Preface
1.1. Report Scope and Market Segmentation
1.2. Research Highlights
1.3. Research Objectives
1.4. Key Questions Answered
2. Assumptions and Research Methodology
2.1. Report Assumptions
2.2. Abbreviations Used
2.3. Research Methodology
3. Executive Summary
3.1. Global Smart Plug Market Size, by Market Value (US$ Bn) and Market, by Region
4. Market Overview
4.1. Introduction
4.2. Market Indicator
4.3. Drivers and Restraints Snapshot Analysis
4.3.1. Drivers
4.3.2. Restraints
4.3.3. Opportunities
4.3.4. Porter’s Analysis
4.3.5. Value Chain Analysis
4.3.6. SWOT Analysis
4.4. Global Smart Plug Market Industry Trends and Emerging Technologies
5. Global Smart Plug Market Analysis and Forecast
5.1. Global Smart Plug Market Analysis and Forecast
5.2. Global Smart Plug Market Size& Y-o-Y Growth Analysis
5.2.1. North America
5.2.2. Europe
5.2.3. Asia Pacific
5.2.4. Middle East & Africa
5.2.5. Latin America
6. Global Smart Plug Market Analysis and Forecast, by Type
6.1. Introduction and Definition
6.2. Key Findings
6.3. Global Smart Plug Market Value Share Analysis, by Type
6.4. Global Smart Plug Market Size (US$ Bn) Forecast, by Type
6.5. Global Smart Plug Market Analysis, by Type
6.6. Global Smart Plug Market Attractiveness Analysis, by Type
7. Global Smart Plug Market Analysis and Forecast, by Application
7.1. Introduction and Definition
7.2. Global Smart Plug Market Value Share Analysis, by Application
7.3. Global Smart Plug Market Size (US$ Bn) Forecast, by Application
7.4. Global Smart Plug Market Analysis, by Application
7.5. Global Smart Plug Market Attractiveness Analysis, by Application
8. Global Smart Plug Market Analysis, by Region
8.1. Global Smart Plug Market Value Share Analysis, by Region
8.2. Global Smart Plug Market Size (US$ Bn) Forecast, by Region
8.3. Global Smart Plug Market Attractiveness Analysis, by Region
9. North America Smart Plug Market Analysis
9.1. Key Findings
9.2. North America Smart Plug Market Overview
9.3. North America Smart Plug Market Value Share Analysis, by Type
9.4. North America Smart Plug Market Forecast, by Type
9.4.1. Bluetooth
9.4.2. Wi-Fi
9.5. North America Smart Plug Market Value Share Analysis, by Application
9.6. North America Smart Plug Market Forecast, by Application
9.6.1. Household Use
9.6.2. Commercial Use
9.6.3. Industrial Use
9.7. North America Smart Plug Market Value Share Analysis, by Country
9.8. North America Smart Plug Market Forecast, by Country
9.8.1. U.S.
9.8.2. Canada
9.9. North America Smart Plug Market Analysis, by Country
9.10. U.S. Smart Plug Market Forecast, by Type
9.10.1. Bluetooth
9.10.2. Wi-Fi
9.11. U.S. Smart Plug Market Forecast, by Application
9.11.1. Household Use
9.11.2. Commercial Use
9.11.3. Industrial Use
9.12. Canada Smart Plug Market Forecast, by Type
9.12.1. Bluetooth
9.12.2. Wi-Fi
9.13. Canada Smart Plug Market Forecast, by Application
9.13.1. Household Use
9.13.2. Commercial Use
9.13.3. Industrial Use
9.14. North America Smart Plug Market Attractiveness Analysis
9.14.1. By Type
9.14.2. By Application
9.15. PEST Analysis
10. Europe Smart Plug Market Analysis
10.1. Key Findings
10.2. Europe Smart Plug Market Overview
10.3. Europe Smart Plug Market Value Share Analysis, by Type
10.4. Europe Smart Plug Market Forecast, by Type
10.4.1. Bluetooth
10.4.2. Wi-Fi
10.5. Europe Smart Plug Market Value Share Analysis, by Application
10.6. Europe Smart Plug Market Forecast, by Application
10.6.1. Household Use
10.6.2. Commercial Use
10.6.3. Industrial Use
10.7. Europe Smart Plug Market Value Share Analysis, by Country
10.8. Europe Smart Plug Market Forecast, by Country
10.8.1. Germany
10.8.2. U.K.
10.8.3. France
10.8.4. Italy
10.8.5. Spain
10.8.6. Rest of Europe
10.9. Europe Smart Plug Market Analysis, by Country/ Sub-region
10.10. Germany Smart Plug Market Forecast, by Type
10.10.1. Bluetooth
10.10.2. Wi-Fi
10.11. Germany Smart Plug Market Forecast, by Application
10.11.1. Household Use
10.11.2. Commercial Use
10.11.3. Industrial Use
10.12. U.K. Smart Plug Market Forecast, by Type
10.12.1. Bluetooth
10.12.2. Wi-Fi
10.13. U.K. Smart Plug Market Forecast, by Application
10.13.1. Household Use
10.13.2. Commercial Use
10.13.3. Industrial Use
10.14. France Smart Plug Market Forecast, by Type
10.14.1. Bluetooth
10.14.2. Wi-Fi
10.15. France Smart Plug Market Forecast, by Application
10.15.1. Household Use
10.15.2. Commercial Use
10.15.3. Industrial Use
10.16. Italy Smart Plug Market Forecast, by Type
10.16.1. Bluetooth
10.16.2. Wi-Fi
10.17. Italy Smart Plug Market Forecast, by Application
10.17.1. Household Use
10.17.2. Commercial Use
10.17.3. Industrial Use
10.18. Spain Smart Plug Market Forecast, by Type
10.18.1. Bluetooth
10.18.2. Wi-Fi
10.19. Spain Smart Plug Market Forecast, by Application
10.19.1. Household Use
10.19.2. Commercial Use
10.19.3. Industrial Use
10.20. Rest of Europe Smart Plug Market Forecast, by Type
10.20.1. Bluetooth
10.20.2. Wi-Fi
10.21. Rest of Europe Smart Plug Market Forecast, by Application
10.21.1. Household Use
10.21.2. Commercial Use
10.21.3. Industrial Use
10.22. Europe Smart Plug Market Attractiveness Analysis
10.22.1. By Type
10.22.2. By Application
10.23. PEST Analysis
11. Asia Pacific Smart Plug Market Analysis
11.1. Key Findings
11.2. Asia Pacific Smart Plug Market Overview
11.3. Asia Pacific Smart Plug Market Value Share Analysis, by Type
11.4. Asia Pacific Smart Plug Market Forecast, by Type
11.4.1. Bluetooth
11.4.2. Wi-Fi
11.5. Asia Pacific Smart Plug Market Value Share Analysis, by Application
11.6. Asia Pacific Smart Plug Market Forecast, by Application
11.6.1. Household Use
11.6.2. Commercial Use
11.6.3. Industrial Use
11.7. Asia Pacific Smart Plug Market Value Share Analysis, by Country
11.8. Asia Pacific Smart Plug Market Forecast, by Country
11.8.1. China
11.8.2. India
11.8.3. Japan
11.8.4. ASEAN
11.8.5. Rest of Asia Pacific
11.9. Asia Pacific Smart Plug Market Analysis, by Country/ Sub-region
11.10. China Smart Plug Market Forecast, by Type
11.10.1. Bluetooth
11.10.2. Wi-Fi
11.11. China Smart Plug Market Forecast, by Application
11.11.1. Household Use
11.11.2. Commercial Use
11.11.3. Industrial Use
11.12. India Smart Plug Market Forecast, by Type
11.12.1. Bluetooth
11.12.2. Wi-Fi
11.13. India Smart Plug Market Forecast, by Application
11.13.1. Household Use
11.13.2. Commercial Use
11.13.3. Industrial Use
11.14. Japan Smart Plug Market Forecast, by Type
11.14.1. Bluetooth
11.14.2. Wi-Fi
11.15. Japan Smart Plug Market Forecast, by Application
11.15.1. Household Use
11.15.2. Commercial Use
11.15.3. Industrial Use
11.16. ASEAN Smart Plug Market Forecast, by Type
11.16.1. Bluetooth
11.16.2. Wi-Fi
11.17. ASEAN Smart Plug Market Forecast, by Application
11.17.1. Household Use
11.17.2. Commercial Use
11.17.3. Industrial Use
11.18. Rest of Asia Pacific Smart Plug Market Forecast, by Type
11.19. Bluetooth
11.20. Wi-Fi
11.21. Rest of Asia Pacific Smart Plug Market Forecast, by Application
11.21.1. Household Use
11.21.2. Commercial Use
11.21.3. Industrial Use
11.22. Asia Pacific Smart Plug Market Attractiveness Analysis
11.22.1. By Type
11.22.2. By Application
11.23. PEST Analysis
12. Middle East & Africa Smart Plug Market Analysis
12.1. Key Findings
12.2. Middle East & Africa Smart Plug Market Overview
12.3. Middle East & Africa Smart Plug Market Value Share Analysis, by Type
12.4. Middle East & Africa Smart Plug Market Forecast, by Type
12.4.1. Bluetooth
12.4.2. Wi-Fi
12.5. Middle East & Africa Smart Plug Market Value Share Analysis, by Application
12.6. Middle East & Africa Smart Plug Market Forecast, by Application
12.6.1. Household Use
12.6.2. Commercial Use
12.6.3. Industrial Use
12.7. Middle East & Africa Smart Plug Market Value Share Analysis, by Country
12.8. Middle East & Africa Smart Plug Market Forecast, by Country
12.8.1. GCC
12.8.2. South Africa
12.8.3. Rest of Middle East & Africa
12.9. Middle East & Africa Smart Plug Market Analysis, by Country/ Sub-region
12.10. GCC Smart Plug Market Forecast, by Type
12.10.1. Bluetooth
12.10.2. Wi-Fi
12.11. GCC Smart Plug Market Forecast, by Application
12.11.1. Household Use
12.11.2. Commercial Use
12.11.3. Industrial Use
12.12. South Africa Smart Plug Market Forecast, by Type
12.12.1. Bluetooth
12.12.2. Wi-Fi
12.13. South Africa Smart Plug Market Forecast, by Application
12.13.1. Household Use
12.13.2. Commercial Use
12.13.3. Industrial Use
12.14. Rest of Middle East & Africa Smart Plug Market Forecast, by Type
12.14.1. Bluetooth
12.14.2. Wi-Fi
12.15. Rest of Middle East & Africa Smart Plug Market Forecast, by Application
12.15.1. Household Use
12.15.2. Commercial Use
12.15.3. Industrial Use
12.16. Middle East & Africa Smart Plug Market Attractiveness Analysis
12.16.1. By Type
12.16.2. By Application
12.17. PEST Analysis
13. Latin America Smart Plug Market Analysis
13.1. Key Findings
13.2. Latin America Smart Plug Market Overview
13.3. Latin America Smart Plug Market Value Share Analysis, by Type
13.4. Latin America Smart Plug Market Forecast, by Type
13.4.1. Bluetooth
13.4.2. Wi-Fi
13.5. Latin America Smart Plug Market Value Share Analysis, by Application
13.6. Latin America Smart Plug Market Forecast, by Application
13.6.1. Household Use
13.6.2. Commercial Use
13.6.3. Industrial Use
13.7. Latin America Smart Plug Market Value Share Analysis, by Country
13.8. Latin America Smart Plug Market Forecast, by Country
13.8.1. Brazil
13.8.2. Mexico
13.8.3. Rest of Latin America
13.9. Latin America Smart Plug Market Analysis, by Country/ Sub-region
13.10. Brazil Smart Plug Market Forecast, by Type
13.10.1. Bluetooth
13.10.2. Wi-Fi
13.11. Brazil Smart Plug Market Forecast, by Application
13.11.1. Household Use
13.11.2. Commercial Use
13.11.3. Industrial Use
13.12. Mexico Smart Plug Market Forecast, by Type
13.12.1. Bluetooth
13.12.2. Wi-Fi
13.13. Mexico Smart Plug Market Forecast, by Application
13.13.1. Household Use
13.13.2. Commercial Use
13.13.3. Industrial Use
13.14. Rest of Latin America Smart Plug Market Forecast, by Type
13.14.1. Bluetooth
13.14.2. Wi-Fi
13.15. Rest of Latin America Smart Plug Market Forecast, by Application
13.15.1. Household Use
13.15.2. Commercial Use
13.15.3. Industrial Use
13.16. Latin America Smart Plug Market Attractiveness Analysis
13.16.1. By Type
13.16.2. By Application
13.17. PEST Analysis
14. Company Profiles
14.1. Market Share Analysis, by Company
14.2. Competition Matrix
14.3. Company Profiles: Key Players
14.3.1. Broadlink
14.3.1.1. Company Overview
14.3.1.2. Financial Overview
14.3.1.3. Business Strategy
14.3.1.4. Recent Developments
14.3.1.5. Manufacturing Footprint
14.3.2. Belkin International
14.3.3. Etekcity
14.3.4. EDIMAX Technology
14.3.5. Insteon
14.3.6. D-Link
14.3.7. BULL
14.3.8. Haier
14.3.9. SDI Technologies
14.3.10. Panasonic
14.3.11. TP-Link
14.3.12. Leviton
14.3.13. iSmartAlarm
15. Primary Key Insights
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