Harrisburg, NC -- (SBWIRE) -- 02/26/2019 -- Global Smart Plug Market Insights, Forecast to 2025: The Smart Plug Market is anticipated to witness growth primarily owing to the 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 will boost the smart plug market.
Smart devices are becoming increasingly popular offer numerous benefits such as remote monitoring, remote control, and other features enabling cost savings and convenience for the consumer. Smart plugs are a cost efficient way to convert any ordinary home appliances such as air conditioners, television, cable box, lamp, a coffee machine, fan, and others into a smart appliance enabling smart features accessible from mobile devices.
The Global Smart Plug market is anticipated to grow rapidly and post a CAGR of close to 38% during the forecast period.
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Top Leading Companies are: Belkin,Panasonic,Broadlink,IHOME,D-Link,Ankuoo,Satechi,Blackloud,Etekcity,Revogi,InPlug,BULL,Haier
Smart plugs can turn on and turn off the power supply to the devices remotely through mobile phone applications. It can enable scheduling for devices that ensure the power consumption by devices only during the predefined time intervals. These aforementioned features help in improving the energy rating of the devices and effectively conserve energy.
Smart plugs track the energy usage and can represent the data on a mobile device. The desire to reduce efforts to manually control devices and achieving synchronisation with variety of devices such as smart energy meters, smart lightings and security systems installed in the home at affordable prices, is expected to drive the demand for smart plugs over the forecast period.
Contents of the 15 Chapters for This Smart Plug Market Study:-
Chapter 1, to describe Smart Plug Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Smart Plug , with sales, revenue, and price of Smart Plug , in 2017 and 2019;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2017 and 2019;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Smart Plug, for each region, from 2013 to 2019;
Chapter 5, 6, 7, 8 and 9, to analyze the key regions, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2019;
Chapter 12, Smart Plug market forecast, by regions, type and application, with sales and revenue, from 2019 to 2025;
Chapter 13, 14 and 15, to describe Smart Plug sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.
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Smart Plug Market, by Type:
Metering Smart Plug
Timing Smart Plug
Smart Plug Market, by Applications:
Household
Restaurant & Hotel
Other
The North American smart plugs market is expected to hold the largest market share in 2017, owing to the presence of key established market players and the fast paced adoption of emerging home automation technologies. However, emerging economies in Asia Pacific such as India, Japan and China are likely to experience tremendous growth over the forecast period. This can be attributed to the widening base of middle-class population, changing consumer preferences and surging demand digital solutions and services. The global smart plug market is highly competitive and diversified owing to the numerous vendors investing in R&D activities to develop advanced home automation solutions, and offering a myriad of products fostering the market growth.
The report will make detailed analysis mainly on the development environment, Market size, development trends, operation situation and future development trends of Smart Plug Market on the basis of current situation of the industry in 2019 so as to make full comprehension and judgment on the competitive situation of Smart Plug Market Carrier and assist manufacturers and investment organization to better grasp the development course of Smart Plug Market.
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Important attributes of the report:
The 360-degree Smart Plug overview based on a global and regional level.
Market share, value, volume, and production capacity is analyzed on global, regional and country level.
A complete and useful guide for new market aspirants.
Forecast information will drive strategic, innovative and profitable business plans.
SWOT analysis of players will pave the way for growth opportunities, risk analysis, investment feasibility and recommendations.
Lastly, the research methodology and data sources are offered in this report.
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