×
Request Free Sample ×

Kindly complete the form below to receive a free sample of this Report

Leading companies partner with us for data-driven Insights

clients tt-cursor
Hero Background

North America Power Strip Market

ID: MRFR/EnP/53092-HCR
200 Pages
Snehal Singh
October 2025

North America 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 (US, Canada)- Forecast to 2035

Share:
Download PDF ×

We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

North America Power Strip Market Infographic
Purchase Options

North America Power Strip Market Summary

As per MRFR analysis, the North America power strip market Size was estimated at 4194.27 USD Million in 2024. The North America power strip market is projected to grow from 4374.62 USD Million in 2025 to 6664.75 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 North America power strip market is experiencing a transformative shift towards smart technology and sustainability.

  • The US remains the largest market for power strips, driven by a high demand for electronics and home office setups.
  • Canada is emerging as the fastest-growing region, reflecting a rising consumer interest in energy-efficient solutions.
  • Smart power strips are gaining traction, as consumers increasingly prioritize enhanced safety features and sustainability initiatives.
  • The growth of home office spaces and the rising focus on energy efficiency are key drivers propelling market expansion.

Market Size & Forecast

2024 Market Size 4194.27 (USD Million)
2035 Market Size 6664.75 (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)

North America Power Strip Market Trends

The power strip market in North America is currently experiencing a notable transformation, driven by the increasing demand for efficient energy management solutions. As consumers and businesses alike become more conscious of energy consumption, the need for advanced power strips that offer features such as surge protection, energy monitoring, and smart technology integration is on the rise. This shift is further influenced by the growing trend of remote work and the proliferation of electronic devices, which necessitate reliable power solutions. Manufacturers are responding to these demands by innovating their product lines, focusing on enhanced safety features and user-friendly designs. Moreover, sustainability is becoming a pivotal factor in purchasing decisions within the power strip market. Consumers are increasingly seeking eco-friendly options that minimize energy waste and promote responsible usage. This trend is likely to encourage manufacturers to adopt greener practices in production and design, aligning with broader environmental goals. As the market evolves, it appears that the integration of technology and sustainability will play crucial roles in shaping future offerings, ensuring that power strips not only meet current needs but also contribute positively to energy conservation efforts.

Smart Power Strips

The emergence of smart power strips is reshaping the market landscape. These devices allow users to control power usage remotely, monitor energy consumption, and schedule operations through mobile applications. This trend aligns with the growing interest in home automation and energy efficiency.

Sustainability Initiatives

Sustainability is becoming increasingly important in the power strip market. Manufacturers are focusing on creating eco-friendly products that reduce energy consumption and utilize recyclable materials. This shift reflects a broader commitment to environmental responsibility among consumers.

Enhanced Safety Features

Safety remains a top priority in the power strip market. Innovations such as surge protection, child safety locks, and fire-resistant materials are gaining traction. These enhancements are designed to address consumer concerns about electrical hazards and ensure safer usage in homes and workplaces.

North America Power Strip Market Drivers

Growth of Home Office Spaces

The shift towards remote work has significantly influenced the power strip market in North America. As more individuals establish home offices, the demand for reliable power solutions has escalated. In 2025, it is projected that over 30% of the workforce will continue to work remotely, necessitating the use of power strips to accommodate multiple devices such as computers, printers, and monitors. This trend has prompted manufacturers to develop power strips with features tailored for home office environments, including surge protection and USB ports. Consequently, the power strip market is poised for growth as it adapts to the evolving needs of remote workers.

Rising Demand for Electronics

The increasing reliance on electronic devices in North America is a primary driver for the power strip market. As households and businesses adopt more gadgets, the need for efficient power management solutions becomes critical. In 2025, it is estimated that the average household owns over 10 electronic devices, leading to a surge in demand for power strips. This trend is particularly pronounced in urban areas, where space constraints necessitate the use of power strips to maximize outlet availability. The power strip market is likely to benefit from this growing consumer behavior, as manufacturers innovate to provide versatile and user-friendly products that cater to diverse electronic needs.

Regulatory Standards and Compliance

Regulatory standards play a crucial role in shaping the power strip market in North America. As safety regulations become more stringent, manufacturers are compelled to enhance the quality and safety features of their products. Compliance with these standards is essential for market entry and consumer trust. In 2025, it is anticipated that adherence to safety regulations will drive innovation, leading to the development of power strips with improved surge protection and child safety features. This focus on compliance not only ensures consumer safety but also positions the power strip market for sustainable growth as it meets evolving regulatory requirements.

Increased Focus on Energy Efficiency

Energy efficiency is becoming a paramount concern for consumers and businesses alike, driving innovation within the power strip market. With rising energy costs and environmental awareness, there is a growing preference for power strips that offer energy-saving features. In 2025, it is anticipated that energy-efficient power strips will account for approximately 25% of total sales in the market. These products often include timers and smart technology that help reduce energy consumption when devices are not in use. As a result, the power strip market is likely to see a shift towards more sustainable product offerings that align with consumer values.

Technological Advancements in Power Management

The power strip market is experiencing a transformation due to technological advancements in power management solutions. Innovations such as smart power strips, which allow users to control devices remotely via smartphone applications, are gaining traction. In 2025, it is expected that smart power strips will represent a significant portion of the market, driven by consumer demand for convenience and automation. These products not only enhance user experience but also contribute to energy savings. As technology continues to evolve, the power strip market is likely to witness further developments that integrate advanced features, appealing to tech-savvy consumers.

Market Segment Insights

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

The market for power strips is primarily dominated by Common Power Strips, which hold the largest market share due to their widespread usage in residential and commercial setups. They cater to basic power requirements, making them a staple in most households and offices, thus significantly contributing to their market presence. Smart Power Strips, while less prevalent, are gaining traction as consumers increasingly look for energy-efficient and technology-integrated solutions. Their market share is gradually growing as awareness of smart home technology increases. In terms of growth trends, Smart Power Strips are identified as the fastest-growing segment, driven by the rising adoption of smart home devices and energy management systems. The shift towards sustainability and energy efficiency is fostering innovation within this segment, attracting environmentally-conscious consumers. As technology advances, both segments are likely to evolve, but the focus on connectivity and smart features places Smart Power Strips at the forefront of market growth.

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

Common Power Strips are widely recognized as the dominant force in the market, characterized by their basic functionalities that cater to a variety of electronic devices. Their affordability and ease of use make them a prevalent choice among consumers, leading to consistent demand in both residential and commercial sectors. On the other hand, Smart Power Strips are emerging as a significant player due to their advanced features, such as remote control and energy monitoring. These strips appeal to tech-savvy consumers looking for convenience and efficiency in their energy consumption. The growing trend towards smart home integration positions Smart Power Strips as an innovative solution that meets modern consumer needs, suggesting a dynamic shift in market preferences.

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

In the North America power strip market, the protection type segment is largely dominated by surge protection, which captures the majority of market share due to its essential role in safeguarding electronic devices from voltage spikes. Fuse based protection, while smaller in market share, plays a crucial role as consumers continue to seek affordable and efficient solutions for basic electrical safety. This segmentation highlights the balance between advanced protection technology and traditional safety methods. Looking ahead, the market is witnessing significant growth in both surge and fuse based protection types driven by increasing consumer awareness regarding electrical safety. The surge protection segment is benefiting from the proliferation of electronic devices, creating a robust demand for protective solutions. Conversely, fuse based protection is emerging as a cost-effective option for budget-conscious consumers, fueling its rapid growth in the market.

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

Surge protection is characterized by its capacity to protect sensitive electronics from transient voltage spikes, making it the dominant force in the market. This segment appeals to consumers who are investing in high-end electronics and are aware of the potential risks associated with power surges. On the other hand, fuse based protection offers a more traditional approach to electrical safety, appealing to those looking for simpler, more affordable solutions. As homeowners increasingly prioritize electrical safety in their purchasing decisions, fuse based protection is emerging as a practical choice, particularly among budget-conscious consumers seeking essential protections without additional costs. This balance between dominance and emergence speaks to the diverse needs of consumers in the market.

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

In the North America power strip market, the application segment is primarily dominated by household usage, which holds the largest market share due to the increasing number of household electronics and the growing trend of smart home devices. This segment's popularity is further fueled by the demand for multi-outlet solutions that cater to various electronic needs in homes. In contrast, the commercial segment is experiencing rapid growth, driven by the expansion of businesses that require power strips for office equipment, display setups, and other electronic devices. The shift towards more technology-savvy workplaces is contributing to this growth, enhancing the utility of power strips in commercial settings. Growth trends in the application segment indicate a significant increase in the demand for power strips in industrial applications as well, though this segment trails behind in market share compared to household and commercial. The rise of automation and machinery in industrial settings is expected to bolster demand for specialized power strips tailored for heavy-duty applications. Additionally, sustainability concerns are driving manufacturers to innovate with energy-efficient designs that appeal both to households and commercial businesses, marking a shift in consumer preferences towards eco-friendly options.

Household: Dominant vs. Commercial: Emerging

The household application segment is characterized by its substantial market presence, primarily due to the reliance on multiple electrical devices and the trend towards smart home technology. Households are increasingly seeking power strips that offer features like surge protection, energy monitoring, and USB ports, making them versatile solutions for everyday use. On the other hand, the commercial segment, while emerging, is rapidly gaining traction as businesses adopt advanced technology and require reliable power solutions. With the growth of remote work and electronic device usage in commercial spaces, power strips are becoming essential tools. The differences in these segments highlight the contrasting needs of consumers and businesses, leading to tailored product offerings that cater to each application.

Get more detailed insights about North America Power Strip Market

Regional Insights

US : Robust Demand and Innovation Drive Growth

The US power strip market is valued at $3,670.0 million, representing a significant share of approximately 87.5% of North America's total market. Key growth drivers include the increasing adoption of smart home technologies and the rise in electronic device usage. Regulatory policies promoting energy efficiency and safety standards further bolster market demand. Additionally, infrastructure development in urban areas enhances distribution channels, facilitating greater access to consumers.

Canada : Sustainable Practices Shape Consumer Choices

Canada's power strip market is valued at $524.27 million, accounting for about 12.5% of North America's market share. Growth is driven by increasing awareness of energy conservation and the adoption of eco-friendly products. Demand trends indicate a shift towards multi-functional power strips that offer surge protection and USB ports. Government initiatives promoting green technology and energy-efficient appliances are also influencing consumer preferences.

North America Power Strip Market Regional Image

Key Players and Competitive Insights

The power strip market in North America is characterized by a competitive landscape that is both dynamic and multifaceted. Key growth drivers include the increasing demand for energy-efficient solutions, the proliferation of electronic devices, and the rising awareness of safety standards. Major players such as Schneider Electric (FR), Belkin International (US), and Tripp Lite (US) are strategically positioned to leverage these trends. Schneider Electric (FR) focuses on innovation and sustainability, emphasizing smart power management solutions. Belkin International (US) has carved a niche in consumer electronics, prioritizing user-friendly designs and connectivity features. Tripp Lite (US) emphasizes reliability and safety, catering to both residential and commercial markets. Collectively, these strategies foster a competitive environment that is increasingly oriented towards technological advancement and customer-centric solutions.

Key business tactics within this market include localizing manufacturing and optimizing supply chains to enhance responsiveness to market demands. The competitive structure appears moderately fragmented, with several players vying for market share while also collaborating through strategic partnerships. This fragmentation allows for a diverse range of products and innovations, although the influence of key players remains substantial, shaping market trends and consumer preferences.

In October 2025, Schneider Electric (FR) announced a partnership with a leading tech firm to develop smart power strips that integrate with home automation systems. This strategic move is likely to enhance their product offerings, aligning with the growing trend of smart home technology. By focusing on interoperability and user experience, Schneider Electric (FR) positions itself to capture a larger share of the tech-savvy consumer market.

In September 2025, Belkin International (US) launched a new line of eco-friendly power strips made from recycled materials. This initiative not only addresses the increasing consumer demand for sustainable products but also reinforces Belkin's commitment to environmental responsibility. The strategic importance of this launch lies in its potential to attract environmentally conscious consumers, thereby differentiating Belkin in a crowded marketplace.

In August 2025, Tripp Lite (US) expanded its product line to include surge protectors specifically designed for gaming setups. This targeted approach reflects an understanding of niche markets and the growing gaming industry. By catering to this demographic, Tripp Lite (US) enhances its brand visibility and relevance among younger consumers, which could lead to increased market penetration.

As of November 2025, current competitive trends are heavily influenced by digitalization, sustainability, and the integration of AI technologies. Strategic alliances are increasingly shaping the landscape, enabling companies to pool resources and expertise to innovate more effectively. Looking ahead, competitive differentiation is likely to evolve from traditional price-based competition towards a focus on innovation, technological advancements, and supply chain reliability. This shift suggests that companies that prioritize these areas will be better positioned to thrive in an increasingly competitive environment.

Key Companies in the North America Power Strip Market market include

Industry Developments

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.

Future Outlook

North America 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 commercial sectors with customized power solutions.
  • Partnerships with e-commerce platforms for direct-to-consumer sales.

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

Market Segmentation

North America Power Strip Market Type Outlook

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

North America Power Strip Market Application Outlook

  • Household
  • Commercial
  • Industrial

North America Power Strip Market Protection Type Outlook

  • Surge Protection
  • Fuse Based Protection

Report Scope

MARKET SIZE 20244194.27(USD Million)
MARKET SIZE 20254374.62(USD Million)
MARKET SIZE 20356664.75(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR)4.3% (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 (IE)", "APC by Schneider Electric (FR)", "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 smart power strips driven by consumer preference for energy efficiency and advanced technology features.
Countries CoveredUS, Canada

Leave a Comment

FAQs

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

The North America Power Strip Market is expected to be valued at 4.1 USD Billion in 2024.

What is the projected market value for the North America Power Strip Market by 2035?

By 2035, the North America Power Strip Market is projected to reach 6.7 USD Billion.

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

The expected CAGR for the North America Power Strip Market from 2025 to 2035 is 4.566%.

Which region holds the dominant share in the North America Power Strip Market?

The United States holds a dominant share in the North America Power Strip Market.

What is the estimated market value of the common power strip segment in 2024?

The common power strip segment is estimated to be valued at 1.8 USD Billion in 2024.

What is the market value of the smart power strip segment expected to be in 2035?

The smart power strip segment is expected to reach 2.5 USD Billion by 2035.

Who are the key players in the North America Power Strip Market?

Key players in the North America Power Strip Market include Tripp Lite, Belkin International, and Eaton Corporation.

What is the market size for Canada in the North America Power Strip Market in 2024?

In 2024, the market size for Canada in the North America Power Strip Market is expected to be 1.6 USD Billion.

What are the projected growth drivers for the North America Power Strip Market?

Projected growth drivers include increasing electronic device usage and the growing demand for smart home solutions.

What is the estimated value of the specialized power strip segment in 2035?

The specialized power strip segment is expected to reach 1.5 USD Billion by 2035.

Download Free Sample

Kindly complete the form below to receive a free sample of this Report

Compare Licence

×
Features License Type
Single User Multiuser License Enterprise User
Price $4,950 $5,950 $7,250
Maximum User Access Limit 1 User Upto 10 Users Unrestricted Access Throughout the Organization
Free Customization
Direct Access to Analyst
Deliverable Format
Platform Access
Discount on Next Purchase 10% 15% 15%
Printable Versions