Market Snapshot:
A power strip is also known as a plugboard, extension block, power bar, power board, pivot plug, multiple outlets, multiple sockets, polysocket, and many other variations. It is a block of electrical sockets which attaches to the end of the flexible cable (basically with a mains plug on the other end), allows multiple electrical devices to be powered from the single electrical socket. Power strips are also been used when many electrical devices are in proximity, such as for computer systems, audio, video, appliances, lighting, and power tools.
Market Drivers
- Growing demand for power distribution units
- Continuous growth in the number of smart connected devices
Market Trend
- Development of smart and USB power strips has encouraged the rise of power strips
Restraints
- Occurring of sudden current due to multiple power connection
The key Manufacturers profiled in the report are APC (United States), Belkin (United States), Coleman Cable (United States), CyberPower (West Africa), Fellowes (United States), GE (United States), HP (United States), Leviton (United States), Monoprice (United States) and Monster (United States). Additionally, other players that are part of this comprehensive study are Nortek Security and Control (United States), TrickleStar (Singapore), Tripp Lite (United States) and Wiremold (United States).