The global market for household smart sockets was valued at $1,478 million in 2024 and is expected to grow to $3,681 million by 2031, with a 14.3% annual growth rate (CAGR) from 2025 to 2031.
What’s Driving the Growth?
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More Demand for Smart Home Devices – People want better control over their electrical appliances.
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Different Types of Smart Sockets – Includes metering sockets (which track electricity usage) and remote control sockets (which can be controlled via smartphone apps).
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Wide Usage – Used in homes, businesses, and industries to improve convenience and energy efficiency.
Market Breakdown
By Product Type
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Metering Socket – Measures electricity consumption.
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Remote Control Socket – Can be controlled remotely.
By Application
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Residential – Used in homes for smart automation.
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Business – Helps manage office power usage.
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Industry – Used in factories for efficient power control.
By Sales Channel
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Direct Sales – Sold directly to customers.
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Distributors – Sold through retailers or online marketplaces.
Key Players in the Market
Companies leading the market include:
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Thuse Elektronics Private Limited
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Kasa Smart
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TechRadar
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Ambrane India Private Limited
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PCMag
(And more! The full list is available in the report.)
Regional Market Segments
Smart sockets are being sold worldwide, with key markets in:
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North America (USA, Canada, Mexico)
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Europe (UK, Germany, France, etc.)
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Asia-Pacific (China, India, Japan, etc.)
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South America (Brazil, Argentina, etc.)
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Middle East & Africa (UAE, Saudi Arabia, etc.)
Competitive Analysis
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The report provides insights into company strategies, pricing trends, and competition in the market.
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Companies are working on new features, expanding their reach, and improving efficiency to stay ahead.
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A SWOT analysis (Strengths, Weaknesses, Opportunities, and Threats) helps understand each company’s position.
What’s Next?
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More smart homes and businesses will adopt these sockets.
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Companies will introduce new features to improve energy savings and automation.
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Market competition will grow, with brands offering better pricing and technology.
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