Global USB Charger Market is segmented by product (Wall Chargers, Power Bank, Car Charger), by port (One, Two, Three, and Four), by distribution channel (Online and Offline) and by region (North America, Europe, Asia Pacific, Middle East & Africa and Latin America) is anticipated to reach US$47.5 Bn by 2026 at a CAGR of 6.14 % during a forecast.
Rising demand for enhanced functions in smartphones supports growth of USB charger market. Increasing power consumption of electronic gadgets and dropped cost of charger are the key drivers of the USB charger market. Use of these devices has significantly increased in the recent years, due to the availability of internet-based application and games. Increased use of digital gadgets has boosted the USB charger market growth. Durability, portability, multiple sockets, fast charging, low cost, etc. Also 4G networks and consistent use of internet services have made gadgets less efficient in terms of power consumption. Availability of fake products hamper growth of USB charger market
Wall charger segment of USB charger market is dominating globally.
Wall charger charges fast. Wall chargers supply up to 600 amps meaning that it will take shorter time to charge your cell phone. Wall charger charges the phone fast without damaging the cell phone battery. Wall charger are more convenient and durable.
Online distribution channel to grow at high CAGR.
Online segment is predicted to attain a high growth rate owing to its convenience, easy access discounts and offers offered. Busy time schedule, digitalization and attractive discount offered, convenience of online shopping, purchasing comfort, time saving, money saving are lucrative factor to buy online drives the USB charger market.
Asia Pacific is expected to hold the largest size of USB charger market in a forecast.
Increase in usage of smartphone holders and new applications has increased USB charger demand in the Asia Pacific. Portable media devices such as laptops and camera have a significant user base in the Asia-Pacific region.
This report includes a study of marketing and development strategies, along with the product portfolios of leading companies. It includes the profiles of leading manufacturers such as Monster Products, MyCharge, Native Union, NCC Corp., Petra Industries, LLC, PowerBurst, Prime Wire & Cable, Inc., Qmadix, S2DIO, LLC, SDI Technologies, Sprint Corporation, The Douglas Stewart Co., T-Mobile, Tronsmart, TYLT, Tzumi (Pocket Juice), Verizon Communications, Inc., VOXX International Corp., Wal-Mart Stores, Inc., and Xentris Wireless Corporate, AT&T Inc., Baccus Global LLC, Bello Digital, Cyber Power Systems, Inc., DB Power Limited, Eaton Corporation Plc., E-Filliate, Goal Zero, Honeycomb, IKEA Systems B.V., Insignia, Just Wireless, Kaijet Technology International (J5 Create), Klein Electronics (Sharp Brand), MIZCO International Inc..
Maximize market research, a global market research firm with dedicated USB chargerm of specialists and data has carried out extensive research about the global USB charger market. Report encompasses the market by different segments and region, providing the in-depth analysis of overall industry ecosystem, useful for taking informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics, and future opportunities that might exist in the global USB charger market. The driving forces as well as considerable restraints have been explained in depth. In addition to this, competitive landscape describing about the strategic growth of the competitors have been taken into consideration for enhancing market know-how of our clients and at the same time explain global USB charger market positioning of competitors.
Browse the market data Tables and Figures spread through a comprehensive research report and in-depth TOC on “Global USB charger Market”.
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