Power Strip Market SWOT Analysis, Trends and Growth Forecast by 2032
In 2022, the global size for power strips market amounted to USD 11.35 billion. According to the most recent report by Reports and Data, it is anticipated to demonstrate a revenue compound annual growth rate (CAGR) of 6% throughout the projected period.
The increased use of electronic devices has propelled the popularity of power strips due to their efficient capability to manage and distribute power to multiple devices simultaneously.
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