Global USB Charger Market: Overview
- The
global USB
charger market is expected to be valued at more than
US$ 30,000 Mn in 2019. The global USB charger market is expected to grow
at a CAGR of more than 7% from 2019 to 2027. The global USB charger market
is expanding significantly in terms of size and value, due to the increase
in electronic devices containing latest technologies, which is expected to
boost the global market of USB chargers in the near future.
- The
Asia Pacific USB charger market holds a substantial share of the global
USB charger market, followed by North America. Key players largely rely on
strong distribution channels such as multi-brand distributors, OEM
websites, and retailers of mobile accessories in order to better cater to
customer demand and gain a competitive advantage in the USB charger
market, which has propelled the demand for USB chargers in these regions.
Major Key Players of
the USB Charger Market are:
AT&T Inc., Goal Zero, Bello Digital, Insignia, Cyber Power Systems,
Inc., Just Wireless, Eaton Corporation Plc., Kaijet Technology International
Limited, Inc. (J5 Create), E-Filliate, Mizco International Inc. (Tough Tested),
Monster Store, MyCharge, Native Union,
AUKEY, Prime Wire & Cable, Inc., Mophie, Inc., Anker Technology Co.
Limited,EasyAcc.com, Inc., RavPower, Maxell Holdings, Ltd., GP Batteries International
Ltd.
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Global USB Charger Market: Driving Factors
- USB-C
power delivery is a new protocol specification that allows for rapid and
more flexible charging. These factors are expected to drive the USB
charger market during the forecast period.
- Evolving
domain of omni channel distribution strategy in the global USB charger
market.
- Furthermore,
the high demand for products that are safe and that can be charged fast
and conveniently is boosting the USB charger market in Asia Pacific.
- Modern
USB chargers contain upgraded technologies and sensors, which offer
several features that make charging more convenient. Expansion of the USB
charger market in emerging economies due to rising income and changing
consumer preference toward e-Commerce are driving the business expansion
of USB charger manufacturers, which, in turn, is boosting the USB charger
market.
Global USB Charger Market: Key Market Segments
The global USB charger market has been segmented based on
product type, charger type, port, power, application, distribution channel, and
region.
- Product
Type:
- In
terms of product type, the USB charger market has been segmented into USB
type A, USB type B, and USB type C. The USB type C segment has been
further divided into with PD and without PD.
- Charger
Type:
- In
terms of charger type, the USB charger market has been classified into
wall chargers, portable power banks/docking systems/ alarm clocks, and
car chargers. Additionally, the wall chargers segment has been
sub-segmented into type C and type A. The portable power banks/docking
systems/ alarm clocks segment has been further split into type C and type
A. Also, the car chargers segment has been further bifurcated into type C
and type A.
- Port:
- In
terms of port, the USB charger market has been classified into one, two,
three, four, and others.
- Power:
- In
terms of power, the USB charger market has been divided into 30W – 45W,
45W – 60W, 60W – 75W, and above 75W.
- Application:
- In
terms of application, the USB charger market has been split into
smartphones, tablets, laptops, desktops, and others (speakers, cameras,
etc.).
- Distribution
Channel:
- In
terms of distribution channel, the USB charger market has been bifurcated
into online and offline. The offline segment has been further
sub-segmented into organized and unorganized.
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