Global Wireless Smart Plug Market 2023-2030

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    GLOBAL WIRELESS SMART PLUG MARKET

     

    INTRODUCTION

    A smart plug is a compact Wi-Fi-enabled power adaptor that plugs into a standard wall outlet and regulates the flow of power to connected devices. They can control a smart plug using a companion app on their phone or tablet, as well as a smart speaker or display, once it is set up.

     

    Connect the smart plug to their Wi-Fi network using the suitable app on their smartphone or tablet after plugging it into an outlet. Once connected, simply plug an appliance, such as a light or a fan, into their smart plug and control it via the app or their voice. 

     

    GLOBAL WIRELESS SMART PLUG MARKET SIZE AND FORECAST

     

    Infographic: Wireless Smart Plug Market, Wireless Smart Plug Market Size, Wireless Smart Plug Market Trends, Wireless Smart Plug Market Forecast, Wireless Smart Plug Market Risks, Wireless Smart Plug Market Report, Wireless Smart Plug Market Share

     

    The Global Wireless Smart Plug market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.

     

    NEW PRODUCT LAUNCH

    In India, Portronics introduces two Wi-Fi Smart Plugs. In India, Portronics has introduced two new low-cost Wi-Fi Smart Plugs, the Splug 10 and Splug 16. The Splug 10 and Splug 16 have been created to provide consumers with an unique smart home experience that includes an intelligent energy-monitoring system.

     

    According to the company, adding these Wi-Fi smart plugs will allow you to add intelligence to your appliances and operate them on the move, even with Alexa and Google Assistant enable voice control features.The smart plugs are made of Polycarbonate, which makes them both fire-resistant and long-lasting. 

     

    These Wi-Fi smart plugs are very simple to operate. Simply plug them into a wall outlet, link them to a Wi-Fi network, and pair them with any device using the Portronics Smart Home Mobile Application. Energy conservation is now a big concern among consumers who seek to control their household energy consumption.

     

    They frequently forget to turn off the lights and other home appliances, resulting in excessive electricity bills. To address these consumer concerns, Portronics has developed these smart plugs, a low-cost solution for transforming their house into a smart hub.

     

    “Without the trouble of installing new wiring or new configuration, users can now turn any gadget into a smart device by simply putting a smart Wi-Fi plug into a socket,” explained Portronics.

     

    COMPANY PROFILE

     

    THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

    1. How many Wireless Smart Plug are manufactured per annum globally? Who are the sub-component suppliers in different regions?
    2. Cost breakup of a Global Wireless Smart Plug and key vendor selection criteria
    3. Where is the Wireless Smart Plug manufactured? What is the average margin per unit?
    4. Market share of Global Wireless Smart Plug market manufacturers and their upcoming products
    5. Cost advantage for OEMs who manufacture Global Wireless Smart Plug in-house
    6. key predictions for next 5 years in Global Wireless Smart Plug market
    7. Average B-2-B Wireless Smart Plug market price in all segments
    8. Latest trends in Wireless Smart Plug market, by every market segment
    9. The market size (both volume and value) of the Wireless Smart Plug market in 2023-2030 and every year in between?
    10. Production breakup of Wireless Smart Plug market, by suppliers and their OEM relationship

     

    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2023-2030
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030
    19 Market Segmentation, Dynamics and Forecast by Application, 2023-2030
    20 Market Segmentation, Dynamics and Forecast by End use, 2023-2030
    21 Product installation rate by OEM, 2023
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2023
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix
     
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