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Europe Power Strip Market

ID: MRFR/EnP/53096-HCR
200 Pages
Snehal Singh
October 2025

Europe Power Strip Market Research Report By Type (Common Power Strip, Smart Power Strip, Specialized Power Strip), By Protection Type (Surge Protection, Fuse Based Protection), By Application (Household, Commercial, Industrial), andBy Regional (Germany, UK, France, Russia, Italy, Spain, Rest of Europe)- Forecast to 2035

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Europe Power Strip Market Summary

As per MRFR analysis, the Europe power strip market Size was estimated at 3495.22 USD Million in 2024. The Europe power strip market is projected to grow from 3675.57 USD Million in 2025 to 6076.45 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 5.16% during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The Europe power strip market is experiencing a notable shift towards smart and energy-efficient solutions.

  • Germany remains the largest market for power strips, driven by a robust consumer electronics sector.
  • The UK is emerging as the fastest-growing region, reflecting a rising demand for home office solutions.
  • There is a marked increase in the adoption of smart power strips, emphasizing enhanced safety features and energy efficiency.
  • Key market drivers include the rising consumer electronics usage and a heightened focus on sustainability and eco-friendly products.

Market Size & Forecast

2024 Market Size 3495.22 (USD Million)
2035 Market Size 6076.45 (USD Million)

Major Players

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

Europe Power Strip Market Trends

The power strip market is currently experiencing notable growth, driven by increasing demand for electrical devices and the need for efficient power management solutions. As households and businesses continue to expand their reliance on technology, the necessity for reliable power distribution systems becomes more pronounced. This trend is particularly evident in urban areas, where the proliferation of electronic gadgets necessitates the use of power strips to accommodate multiple devices simultaneously. Furthermore, the rising awareness of energy efficiency and safety standards is influencing consumer preferences, leading to a shift towards advanced power strips that offer features such as surge protection and smart technology integration. In addition, the regulatory landscape in Europe is evolving, with stricter guidelines aimed at enhancing electrical safety and reducing energy consumption. This regulatory push is likely to encourage manufacturers to innovate and develop products that align with these standards. As a result, the power strip market is poised for transformation, with an emphasis on sustainability and user-friendly designs. The combination of technological advancements and regulatory compliance is expected to shape the future of this market, making it an area of keen interest for stakeholders and consumers alike.

Increased Demand for Smart Power Strips

The trend towards smart power strips is gaining traction, as consumers seek devices that offer enhanced functionality. These power strips often include features such as USB ports, energy monitoring, and remote control capabilities. This shift reflects a broader movement towards smart home technology, where convenience and efficiency are paramount.

Focus on Energy Efficiency

There is a growing emphasis on energy-efficient power strips, driven by both consumer awareness and regulatory requirements. Products that minimize energy consumption while providing reliable power distribution are becoming increasingly popular. This trend aligns with broader sustainability goals and the push for greener technologies.

Enhanced Safety Features

Safety remains a critical concern in the power strip market, leading to innovations in design and functionality. Manufacturers are incorporating features such as surge protection, child safety locks, and thermal fuses to address these concerns. This focus on safety not only meets consumer expectations but also complies with stringent safety regulations.

Europe Power Strip Market Drivers

Rising Consumer Electronics Usage

The increasing reliance on consumer electronics in Europe appears to be a primary driver for the power strip market. As households and businesses integrate more devices, the demand for power strips has surged. In 2025, it is estimated that the average household owns approximately 10 electronic devices, necessitating multiple power outlets. This trend indicates a growing need for power strips that can accommodate various devices simultaneously. Furthermore, the proliferation of smart home technologies is likely to further boost this demand, as these systems often require additional power sources. Consequently, the power strip market is experiencing a notable expansion, with projections suggesting a growth rate of around 6% annually over the next five years.

Increased Focus on Home Office Solutions

The shift towards remote work in Europe has led to a heightened demand for efficient home office solutions, significantly impacting the power strip market. As more individuals set up home offices, the need for reliable power sources has become paramount. Power strips that offer multiple outlets, USB ports, and surge protection are increasingly sought after. In 2025, it is estimated that nearly 30% of the European workforce is engaged in remote work, further driving the need for versatile power solutions. This trend suggests that manufacturers may need to innovate and adapt their product offerings to meet the evolving needs of remote workers, thereby enhancing their market presence.

Sustainability and Eco-Friendly Products

The growing awareness of environmental issues in Europe is driving the demand for sustainable and eco-friendly products within the power strip market. Consumers are increasingly seeking power strips made from recyclable materials and those that promote energy efficiency. In 2025, it is projected that around 40% of consumers are willing to pay a premium for eco-friendly products. This trend suggests that manufacturers may need to adapt their production processes to align with sustainability goals, potentially leading to innovations in design and functionality. As a result, the power strip market could see a shift towards greener alternatives, appealing to environmentally conscious consumers.

Regulatory Standards for Electrical Safety

The implementation of stringent regulatory standards for electrical safety in Europe is likely to influence the power strip market significantly. Compliance with these regulations ensures that power strips meet safety requirements, reducing the risk of electrical hazards. In 2025, it is anticipated that approximately 70% of consumers prioritize safety certifications when purchasing electrical products. This focus on safety may compel manufacturers to invest in higher-quality materials and advanced technologies, potentially increasing production costs. However, the long-term benefits of enhanced safety features could lead to increased consumer trust and loyalty, ultimately benefiting the power strip market.

Technological Advancements in Power Management

Technological advancements in power management systems are poised to reshape the power strip market in Europe. Innovations such as smart power strips, which allow users to control devices remotely and monitor energy consumption, are gaining traction. In 2025, it is estimated that the market for smart power strips will grow by approximately 15%, driven by consumer interest in energy management solutions. These advancements not only enhance convenience but also contribute to energy savings, aligning with the broader trend of energy efficiency. As technology continues to evolve, the power strip market may witness a surge in demand for intelligent solutions that cater to the needs of modern consumers.

Market Segment Insights

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

In the power strip market, Common Power Strips hold a significant portion of the market share, catering to general usage across households and offices. They are preferred for their reliability and straightforward design, making them an essential component in everyday electrical setups. In contrast, Smart Power Strips are gaining traction, representing a rapidly growing segment as consumers increasingly seek innovative solutions for energy management and automation. The growth in Smart Power Strips is driven by the rising demand for smart home technology and the growing awareness of energy efficiency. Factors such as the increasing adoption of IoT devices and sustainability initiatives are propelling this segment forward. As users prioritize integrated solutions that offer convenience and cost savings, Smart Power Strips are poised to capture more market share rapidly, appealing especially to tech-savvy consumers and environmentally conscious individuals.

Common Power Strip (Dominant) vs. Smart Power Strip (Emerging)

Common Power Strips dominate the market due to their affordability and functionality, catering to diverse consumer needs for power distribution. They are versatile, suitable for both residential and commercial use, and are widely available in various configurations. On the other hand, Smart Power Strips are emerging as an innovative alternative, integrating technology that allows users to control power remotely, monitor energy usage, and optimize electrical consumption. This segment appeals particularly to young consumers and those looking for modern home solutions, positioning Smart Power Strips as a compelling choice for the future, despite their current smaller market share. The combination of innovation and practicality ensures both segments will remain relevant in the evolving power strip landscape.

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

In the power strip market, surge protection holds a significant share, primarily due to its widespread application in safeguarding electrical devices against voltage spikes. This protective type is preferred by consumers and businesses alike, owing to its reliability and effectiveness in preventing equipment damage. On the other hand, fuse-based protection, while smaller in overall market share, is gaining traction as users seek cost-effective solutions, especially in less critical applications. The growth trends indicate a robust increase in demand for fuse-based protection systems, driven by rising consumer awareness regarding electrical safety and the need for affordable protection mechanisms. Factors such as increasing home automation and the proliferation of electronic devices are encouraging manufacturers to innovate and expand their offerings in the fuse protection domain, making it an emerging segment that is likely to witness accelerated growth in the coming years.

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

Surge protection serves as the dominant form of safeguarding mechanisms for power strips, providing essential protection for sensitive electronic equipment from spikes and surges in electricity. Its robust engineering and effectiveness make it a preferred choice for both residential and commercial users, ensuring the longevity of devices. Conversely, fuse-based protection represents an emerging segment that attracts customers looking for more economical alternatives. While it may not offer the comprehensive safeguarding that surge protection provides, it fulfills a vital role in basic circuit protection and has begun to witness enhanced interest as users become more budget-conscious. Both protection types are crucial to the market, catering to diverse consumer needs.

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

In the Europe power strip market, the application segment is primarily dominated by the household sector, which holds a significant share due to the rising number of electrical appliances in homes. This segment benefits from increasing consumer awareness about energy efficiency and safety, propelling the demand for advanced power strips that offer multiple sockets and surge protection. On the other hand, the commercial segment is gaining traction, driven by the expansion of businesses and the growing need for reliable power distribution in offices and retail spaces. Growth trends indicate that while the household application remains robust, the commercial sector is witnessing the fastest growth influenced by the investment in infrastructure and the influx of technology in work environments. The shift towards smart office solutions and devices that require enhanced power management is further boosting the commercial power strip market. Emerging trends such as wireless charging capabilities and IoT integration are also enhancing the appeal of power strips in commercial applications.

Household (Dominant) vs. Commercial (Emerging)

The household application segment in the Europe power strip market is characterized by a strong presence of consumer-focused products designed for residential use. These power strips typically feature multiple outlets, surge protection, and energy-efficient designs, catering to the needs of modern households. In contrast, the commercial application segment is emerging rapidly, driven by the increasing reliance on technology in office and retail settings. Commercial power strips often incorporate advanced features such as USB charging ports, smart technology for energy management, and robust safety certifications. While households remain a dominant force, the potential for innovation in commercial power strips is high, with companies focusing on enhancing functionality and integrating smart features to meet the demands of a tech-savvy workforce.

Get more detailed insights about Europe Power Strip Market

Regional Insights

Germany : Strong Demand and Innovation Drive Growth

Germany holds a commanding market share of 31.5% in the European power strip market, valued at €950.0 million. Key growth drivers include the increasing adoption of smart home technologies and stringent safety regulations. The demand for energy-efficient solutions is rising, supported by government initiatives promoting sustainable energy use. Infrastructure development, particularly in urban areas, is enhancing distribution channels and accessibility for consumers.

UK : Technological Advancements Fuel Market Expansion

The UK power strip market is valued at €700.0 million, accounting for 23.5% of the European market. Growth is driven by the rise in remote working and the need for reliable power solutions in home offices. Consumer preferences are shifting towards multi-functional power strips with USB ports. Regulatory policies are increasingly focusing on safety standards, which further boosts demand for compliant products.

France : Innovation and Sustainability at Forefront

France's power strip market is valued at €600.0 million, representing 20% of the European market. The growth is propelled by a surge in e-commerce and the demand for energy-efficient products. Government initiatives aimed at reducing carbon footprints are influencing consumer choices. The market is characterized by a mix of traditional and smart power strips, catering to various consumer needs.

Russia : Infrastructure Development Drives Demand

Russia's power strip market is valued at €400.0 million, making up 13.5% of the European market. Key growth drivers include urbanization and increased investments in infrastructure. The demand for power strips is rising in both residential and commercial sectors, particularly in major cities like Moscow and St. Petersburg. Regulatory frameworks are evolving to enhance product safety and efficiency.

Italy : Consumer Awareness and Safety Regulations

Italy's power strip market is valued at €350.0 million, accounting for 11.5% of the European market. Growth is driven by increasing consumer awareness regarding electrical safety and energy efficiency. The market is witnessing a shift towards smart power strips, supported by government initiatives promoting energy conservation. Local manufacturers are also innovating to meet safety standards.

Spain : Technological Integration in Power Strips

Spain's power strip market is valued at €300.0 million, representing 10% of the European market. The growth is fueled by the rising trend of smart home devices and the need for versatile power solutions. Regulatory policies are increasingly focusing on energy efficiency, encouraging consumers to opt for advanced power strips. Major cities like Madrid and Barcelona are key markets driving this trend.

Rest of Europe : Varied Demand Across Sub-regions

The Rest of Europe power strip market is valued at €495.22 million, accounting for 16.5% of the total market. This segment includes a mix of developed and developing markets, each with unique demands. Growth is driven by varying consumer preferences and regulatory environments. Countries like Sweden and the Netherlands are leading in adopting energy-efficient solutions, while Eastern European nations are catching up.

Europe Power Strip Market Regional Image

Key Players and Competitive Insights

The power strip market in Europe is characterized by a competitive landscape that is increasingly shaped by innovation, sustainability, and digital transformation. Key players such as Schneider Electric (FR), Belkin International (US), and Legrand (FR) are actively pursuing strategies that emphasize technological advancement and environmental responsibility. Schneider Electric (FR), for instance, focuses on integrating smart technology into its products, enhancing energy efficiency and user convenience. Meanwhile, Belkin International (US) is leveraging its strong brand presence to expand its product offerings, particularly in the smart home segment, which appears to be a significant growth driver. Legrand (FR) is also positioning itself as a leader in sustainable solutions, aligning its operations with the growing demand for eco-friendly products, thereby influencing the competitive dynamics of the market.

The business tactics employed by these companies reflect a nuanced understanding of the market's structure, which is moderately fragmented. Localizing manufacturing and optimizing supply chains are common strategies that enhance operational efficiency and reduce costs. This fragmentation allows for a diverse range of products and innovations, yet the collective influence of major players like Schneider Electric (FR) and Legrand (FR) is substantial, as they set benchmarks for quality and sustainability that smaller competitors strive to meet.

In September 2025, Schneider Electric (FR) announced a partnership with a leading tech firm to develop a new line of smart power strips that integrate AI technology for energy management. This strategic move not only reinforces Schneider's commitment to innovation but also positions it to capture a growing segment of environmentally conscious consumers who prioritize energy efficiency. The integration of AI into power management systems could potentially revolutionize how consumers interact with their electrical devices, suggesting a shift towards more intelligent home environments.

In October 2025, Legrand (FR) launched a new range of eco-friendly power strips designed to minimize energy consumption. This initiative aligns with the European Union's stringent regulations on energy efficiency and reflects Legrand's proactive approach to sustainability. By focusing on environmentally friendly products, Legrand is likely to enhance its market share among consumers who are increasingly prioritizing green solutions, thereby reinforcing its competitive edge.

In August 2025, Belkin International (US) expanded its distribution network across Europe, aiming to increase its market penetration. This strategic expansion is indicative of Belkin's intent to capitalize on the growing demand for smart home devices, which often include power strips as essential components. By enhancing its distribution capabilities, Belkin may improve its responsiveness to market trends and consumer preferences, thereby solidifying its position in the competitive landscape.

As of November 2025, the power strip market is witnessing trends that emphasize digitalization, sustainability, and the integration of advanced technologies such as AI. Strategic alliances among key players are increasingly shaping the competitive environment, fostering innovation and enhancing product offerings. The shift from price-based competition to a focus on technological differentiation and supply chain reliability is evident, suggesting that companies that prioritize innovation and sustainability will likely emerge as leaders in this evolving market.

Key Companies in the Europe Power Strip Market market include

Industry Developments

The Europe Power Strip Market has seen notable developments recently, with increased demand for smart power strips and surge protectors driven by the rise in remote work and digital devices. Companies like Legrand and Tripp Lite are enhancing their product lines to include smart technology, enabling users to manage energy consumption more efficiently. In September 2023, Schneider Electric announced its strategic collaboration with Hama to innovate energy management solutions, further emphasizing sustainability in the power strip segment.

Additionally, major players such as APC and CyberPower are actively investing in Research and Development to offer advanced features, including USB charging ports and energy monitoring capabilities. The market has grown significantly over the past two years, with estimates indicating a valuation increase attributed to heightened consumer awareness of power efficiency. Noteworthy, in 2022, Belkin acquired significant assets from Brennenstuhl, increasing its footprint in the European market.

The current shift towards environmentally friendly products is influencing many manufacturers' strategies, pushing companies like Eaton and Siemens to comply with strict EU regulations and sustainability goals, marking a pivotal change in the competitive landscape of the power strip market in Europe.

Future Outlook

Europe Power Strip Market Future Outlook

The power strip market is projected to grow at 5.16% 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 renewable energy sectors with solar-compatible power strips.
  • Partnerships with e-commerce platforms for direct-to-consumer sales strategies.

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

Market Segmentation

Europe Power Strip Market Type Outlook

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

Europe Power Strip Market Application Outlook

  • Household
  • Commercial
  • Industrial

Europe Power Strip Market Protection Type Outlook

  • Surge Protection
  • Fuse Based Protection

Report Scope

MARKET SIZE 20243495.22(USD Million)
MARKET SIZE 20253675.57(USD Million)
MARKET SIZE 20356076.45(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR)5.16% (2024 - 2035)
REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR2024
Market Forecast Period2025 - 2035
Historical Data2019 - 2024
Market Forecast UnitsUSD Million
Key Companies Profiled["Schneider Electric (FR)", "Belkin International (US)", "Tripp Lite (US)", "CyberPower Systems (TW)", "Eaton Corporation (US)", "APC by Schneider Electric (US)", "Legrand (FR)", "GE (US)"]
Segments CoveredType, Protection Type, Application
Key Market OpportunitiesIntegration of smart technology in power strips enhances energy efficiency and consumer convenience.
Key Market DynamicsRising demand for energy-efficient power strips driven by stringent European energy regulations and consumer sustainability preferences.
Countries CoveredGermany, UK, France, Russia, Italy, Spain, Rest of Europe

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FAQs

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

The Europe Power Strip Market is expected to be valued at 3.4 USD Billion in 2024.

What is the projected market size for the Europe Power Strip Market in 2035?

In 2035, the Europe Power Strip Market is anticipated to grow to 5.54 USD Billion.

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

The CAGR for the Europe Power Strip Market from 2025 to 2035 is expected to be 4.538%.

Which region is expected to hold the largest market share in the Europe Power Strip Market?

Germany is projected to hold the largest market share in the Europe Power Strip Market in 2024.

What are the estimated market values for common power strips in 2024 and 2035?

The market for common power strips is valued at 1.5 USD Billion in 2024 and is expected to reach 2.35 USD Billion in 2035.

What will be the market value of smart power strips in 2035?

The market value for smart power strips is expected to reach 2.0 USD Billion in 2035.

Which key players are leading the Europe Power Strip Market?

Major players in the Europe Power Strip Market include Legrand, Tripp Lite, Belkin, and Schneider Electric.

What is the expected market size of power strips in the UK for 2024?

In 2024, the market size for power strips in the UK is expected to be valued at 0.75 USD Billion.

What are the anticipated market values for specialized power strips in 2024 and 2035?

The specialized power strip market is valued at 0.7 USD Billion in 2024 and is expected to grow to 1.19 USD Billion in 2035.

What challenges are shaping the growth of the Europe Power Strip Market?

Challenges in the Europe Power Strip Market include regulatory compliance and increasing competition among key players.

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