As per MRFR analysis, the North America Power Strip Market Size was estimated at 4.02 (USD Billion) in 2023. The North America Power Strip Market Industry is expected to grow from 4.1(USD Billion) in 2024 to 6.7 (USD Billion) by 2035. The North America Power Strip Market CAGR (growth rate) is expected to be around 4.566% during the forecast period (2025 - 2035).
In North America, the power strip market is experiencing significant growth driven by the increasing demand for electrical devices and consumer electronics. This rise is primarily fueled by the growing trend of smart homes and the integration of advanced technologies, where multiple devices need to be connected simultaneously. Energy efficiency is becoming a key focus for many consumers, leading to a demand for power strips that offer features such as surge protection and energy-saving capabilities.
The emergence of USB ports integrated into power strips is also gaining traction as consumers seek convenient solutions for charging multiple devices without needing additional adapters, showcasing a trend toward multifunctional designs.There are chances to increase the customer base by adding new and innovative features such as load monitoring and control smart power strips, which can be interacted with via mobile apps.
Moreover, promoting sustainable designs and eco-friendly materials in the manufacturing of power strips can target a more environmentally friendly consumer base. Also, since remote work continues to be common in North America, the demand for dependable and multi-functional power sources in home office setups is on the rise, which offers more potential for growth in this segment. Recent studies suggest a growing focus on dual-purpose residential and commercial-grade products tailored to achieve compliance with safety regulations set by applicable legislation.
This change aligns with consumer preferences leaning towards high-quality products that ensure safety while providing adequate power supply. Retailers are also adapting to this demand by expanding their product offerings both in stores and online to accommodate the changing purchasing behavior of consumers who are now more inclined to shop for electrical accessories digitally. Overall, the North America power strip market is evolving with changing consumer preferences and technological advancements, creating numerous avenues for growth and innovation.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
The rising trend of smart home devices and technologies is a significant driver of growth in the North America Power Strip Market Industry. With an estimated 35% increase in smart home device penetration in North America, according to the Consumer Technology Association, consumers are looking for efficient ways to manage their devices. Power strips that include smart features, such as energy monitoring and remote access through mobile applications, are becoming increasingly popular.Companies like Belkin and TP-Link are capitalizing on this trend by developing smart power strips compatible with popular home automation systems.
This demand not only expands the market for power strips but also encourages innovation in the design and functionality of these products. As smart home integration continues, the need for versatile and high-quality power strips is anticipated to grow accordingly, further propelling the North America Power Strip Market towards its projected growth as households and businesses expand their use of intelligent home technologies.
There is a growing awareness regarding energy consumption and sustainability across North America, leading to an increased demand for energy-efficient power solutions. The U.S. Department of Energy has reported that appliances and electronics account for about 30% of a home’s energy bill, driving consumers to seek products that minimize energy waste.
Eco-friendly power strips equipped with features like surge protection and automatic shut-off functions are gaining popularity.Companies such as Eaton are responding to this demand by offering power strips that help users monitor and reduce their energy consumption. This focus on sustainable practices contributes positively to the growth of the North America Power Strip Market as businesses reflect on corporate responsibility and consumers become more environmentally conscious.
The increasing investment in residential and commercial infrastructure projects in North America is driving the demand for power strips. The American Society of Civil Engineers has indicated that the U.S. requires over USD 4 trillion in infrastructure investment by 2025. As new buildings are developed and existing structures are upgraded, the requirement for durable power solutions that can support multiple electronic devices rises.
This trend creates a substantial market for power strips, as contractors and electricians turn to established brands such as Tripp Lite for reliable solutions that meet building codes and electrical specifications.Consequently, the North America Power Strip Market is expected to flourish as infrastructure growth creates further opportunities for power strip deployment.
Power Strip Market Type Insights
The North America Power Strip Market, particularly the Type segment, encompasses various categories such as Common Power Strips, Smart Power Strips, and Specialized Power Strips, each catering to specific consumer needs and preferences. The Common Power Strip is widely utilized in homes and offices for its basic functionality, allowing multiple devices to connect to a single outlet, thereby providing convenience and essential power management.
It usually dominates the market due to its affordability and straightforward design, appealing to a broad demographic seeking reliable performance without additional features.Conversely, Smart Power Strips have gained significant traction in recent years, driven by the increasing demand for smart home innovations and energy efficiency. These strips often incorporate features like app control, energy monitoring, and surge protection, making them appealing to tech-savvy consumers and environmentally conscious individuals.
Additionally, the rise in Internet of Things (IoT) devices has further contributed to the relevance of Smart Power Strips, as they facilitate seamless integration with other smart home systems. On the other hand, Specialized Power Strips serve niche markets by offering tailored features for specific applications.These may include strips designed for outdoor use, high-voltage applications, or equipment that requires specific types of power outlets, addressing unique customer requirements effectively.
Collectively, these segments within the Type classification of the North America Power Strip Market showcase diverse consumer preferences and emerging technological trends focused on enhancing user experience and safety in power management solutions. Factors such as increased device dependence, the shift towards sustainable energy solutions, and the growing trend of home automation continue to shape this segment, offering opportunities for innovation and expansion within the industry.The evolving landscape of consumer electronics also plays a critical role in the North America Power Strip Market data, emphasizing the importance of adaptability and versatility in product offerings to meet changing demands.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Power Strip Market Protection Type Insights
The North America Power Strip Market is substantially divided based on Protection Type, which plays a crucial role in both consumer safety and equipment longevity. Surge Protection is increasingly vital as electronic devices become more sensitive to voltage fluctuations; this segment helps in mitigating risks associated with power surges, enhancing device lifespan and reliability. Additionally, Fuse Based Protection offers a reliable mechanism to prevent overloads and short circuits, ensuring the safety of both residential and commercial electrical systems.
As technology evolves, demand for these protection types is expected to grow, driven by heightened awareness of electrical safety and an uptick in electronic device usage across North America. Notably, regulations concerning electrical safety standards are shaping market dynamics, promoting the adoption of advanced protection mechanisms. Both Protection Types hold significant importance in the North America Power Strip Market, as they provide essential safeguarding features that resonate well with safety-conscious consumers and businesses alike.
Power Strip Market Application Insights
The Application segment of the North America Power Strip Market is crucial for understanding the diverse needs of different consumer bases, such as Household, Commercial, and Industrial. Each of these areas presents unique requirements and potential for expansion. In households, the rise in smart devices and home automation trends is driving demand for versatile and safe power solutions. The commercial sector, which includes offices, retail spaces, and various service industries, prefers power strips that offer surge protection and multiple outlets for efficient energy use while maintaining aesthetics.
Meanwhile, the industrial application showcases a demand for robust, heavy-duty power strips designed for demanding environments, focusing on safety standards and durability. With the increasing awareness of energy efficiency and the implementation of smart technologies, the market growth is reinforced by the evolving landscape in all these segments, catering to specific safety and functionality requirements, ultimately contributing to the overall North America Power Strip Market revenue and dynamics.
Power Strip Market Regional Insights
The North America Power Strip Market exhibits notable growth driven by increasing consumer demand for energy-efficient and multi-outlet solutions in both residential and commercial spaces. The US dominates this market due to its large population and a rising number of electronic devices, making power strips essential for efficient power management. Meanwhile, Canada shows significant market potential, supported by ongoing urbanization and a focus on smart home technology. The market segmentation reveals that advanced technologies and growing awareness of safety features play vital roles in shaping consumer preferences in these regions.
The emphasis on environmentally friendly products also aligns with the growing trend of sustainable living, reinforcing the need for innovative power strips that cater to diverse consumer needs. Additionally, both regions experience challenges such as regulatory compliance and market saturation, creating opportunities for manufacturers to differentiate their products and expand their market share by focusing on durability and enhanced functionalities. Overall, the North America Power Strip Market illustrates a dynamic landscape fueled by technological advancements and evolving consumer behavior, positioning it for steady growth in the coming years.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
North America Power Strip Market Key Players and Competitive Insights:
The North America Power Strip Market is characterized by a landscape of diverse competitors that are constantly striving to secure a significant market share amidst evolving consumer preferences and technological advancements. This market is marked by increasing demand for power distribution devices due to the rising number of electronic gadgets in households and offices. The surge in remote work and online education has further propelled the need for power strips, emphasizing attributes such as safety features, energy efficiency, and compact designs. Companies in this sector are focusing on innovation, differentiating themselves through product quality, customer service, and strategic partnerships.
Additionally, they are addressing regulatory standards and enhancing their supply chain efficiencies to improve product availability and pricing strategies. Tripp Lite stands as a prominent player within the North America Power Strip Market, recognized for its strong reputation in manufacturing reliable power protection and connectivity solutions. The company boasts a robust product portfolio that includes a wide range of power strips tailored to meet the needs of both residential and commercial customers. Tripp Lite emphasizes quality and safety, ensuring that their power strips comply with stringent industry standards.
Their presence in the market is backed by a commitment to innovation, with continual improvements and variations in design that cater to an array of applications, enhancing overall user experience. The company leverages an established distribution network and strong relationships with retailers, which contribute to its competitive edge in this dynamic market. Belkin International has solidified its presence in the North America Power Strip Market by offering a diverse range of products that include surge protectors, smart power strips, and specialized charging solutions.
Known for its innovative approach, Belkin focuses on consumer-driven design, integrating technology to enhance the usability and functionality of its power strips. The company's strengths lie in its ability to quickly adapt to market trends and its commitment to quality. Belkin has also engaged in strategic partnerships, expanding its footprint through mergers and acquisitions that align with its growth strategy. Such collaborations have allowed them to broaden their product range and enhance their market competitiveness.
The strong brand recognition that Belkin enjoys, combined with ongoing improvements in their product offerings, positions the company favorably within the North American market, ensuring that it remains a key player in the evolving landscape of power distribution solutions.
The North America Power Strip Market has seen significant developments in recent months, particularly with companies such as Tripp Lite, Belkin International, and AmazonBasics focusing on innovations in product safety and energy efficiency. Eaton Corporation and TPLink have made strides in expanding their product lines to include smart power strips, which respond to the growing consumer demand for Internet of Things (IoT) compatible devices. In August 2023, Leviton Manufacturing announced the launch of its latest energy-efficient power strip series, reflecting the growing trend towards sustainability.
Additionally, in July 2023, CyberPower Systems expanded its market presence by acquiring Sabrent, enhancing its portfolio with innovative charging solutions. Such mergers and acquisitions signal a drive toward diversification and increased market share in the competitive landscape. The North America Power Strip Market has experienced substantial growth, valued at approximately 2.5 billion USD in 2022, with projections indicating a continuous uptrend. Notably, major companies like Honeywell and APC by Schneider Electric are investing heavily in Research and Development to enhance product safety features amidst increased regulatory scrutiny on electronic safety standards. Overall, market dynamics suggest an ongoing evolution focused on quality, performance, and consumer needs.
| Report Attribute/Metric Source: | Details |
| MARKET SIZE 2023 | 4.02(USD Billion) |
| MARKET SIZE 2024 | 4.1(USD Billion) |
| MARKET SIZE 2035 | 6.7(USD Billion) |
| COMPOUND ANNUAL GROWTH RATE (CAGR) | 4.566% (2025 - 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 Billion |
| KEY COMPANIES PROFILED | Tripp Lite, Belkin International, AmazonBasics, Eaton Corporation, TPLink, Leviton Manufacturing, Maximm, Sabrent, Honeywell, ZeeVee, APC by Schneider Electric, StarTech, Siemens, CyberPower Systems |
| SEGMENTS COVERED | Type, Protection Type, Application, Regional |
| KEY MARKET OPPORTUNITIES | Smart power strip integration, Eco-friendly materials demand, Increased home office setups, Compact and multi-port designs, Rising electronic gadget usage |
| KEY MARKET DYNAMICS | rising demand for smart technology, increasing consumer electronics usage, focus on energy efficiency, growth in residential construction, expansion of e-commerce platforms |
| COUNTRIES COVERED | US, Canada |
Frequently Asked Questions (FAQ) :
The North America Power Strip Market is expected to be valued at 4.1 USD Billion in 2024.
By 2035, the North America Power Strip Market is projected to reach 6.7 USD Billion.
The expected CAGR for the North America Power Strip Market from 2025 to 2035 is 4.566%.
The United States holds a dominant share in the North America Power Strip Market.
The common power strip segment is estimated to be valued at 1.8 USD Billion in 2024.
The smart power strip segment is expected to reach 2.5 USD Billion by 2035.
Key players in the North America Power Strip Market include Tripp Lite, Belkin International, and Eaton Corporation.
In 2024, the market size for Canada in the North America Power Strip Market is expected to be 1.6 USD Billion.
Projected growth drivers include increasing electronic device usage and the growing demand for smart home solutions.
The specialized power strip segment is expected to reach 1.5 USD Billion by 2035.
Leading companies partner with us for data-driven Insights.
Kindly complete the form below to receive a free sample of this Report
Assistant Manager - Research High acumen in analyzing complex macro & micro markets with more than 6 years of work experience in the field of market research. by implementing her analytical skills in forecasting and estimation into market research reports, she has expertise in packaging, construction, and equipment domains. she handles a team size of 20-25 resources and ensures smooth running of the projects, associated marketing activities, and client servicing.
Get in Touch
© 2025 Market Research Future ® (Part of WantStats Reasearch And Media Pvt. Ltd.)
