Global USB Charger Market growing at a CAGR of 9.8% from 2023 to 2030
Category : Semiconductor And Electronics | Published Date : Jun 2023 | Type : Press Release
Key Market Overview
The global USB Chargers market was valued at USD 27,395.08 Million in 2022. The market is expected to register a compound annual growth rate of 9.8% and is anticipated to reach USD 56,803.55 Million in 2030.
The report highlights the growing demand for consumer electronics as key factor driving the adoption of USB Chargers. Consegic Business Intelligence provides an inclusive research report on the USB Chargers market that evaluates multiple factors, such as market size, value, supply chain, regulatory environment, and trends.
Global USB Chargers Market By Overview
The report analyses significant segments type, charger type, port, power, application, sales channel, and region, to identify emerging trends and potential opportunities. The product type segment is expected to grow due to the increasing demand for USB Type A, USB Type B, and USB Type in smartphone application. The increasing demand reliable and convenient charging systems is accelerating the growth of this segment. Moreover, the increasing adoption of USB Chargers to for laptops & tablets charging is propelling the growth of the market.
Get Free SampleMarket Dynamics
Driver:
- The growing consumer electronics industry is fueling the adoption of USB chargers.
- Increasing demand for multi-port UCB chargers is driving the market growth.
Restraints:
- The presence of alternative in the form of wireless charging is restraining the market growth.
Market Segmentation:
| Report Attributes | Report Details |
| By Product Type | USB Type A, USB Type B, and USB Type C |
| By Charger Type | Wall Charger, Portable Charger, and Car Charger |
| By Port | One, Two, Three, Four, and Others |
| By Power | 30W - 45W, 45W - 60W, 60W - 75W, and Above 75W |
| By Application | Smartphone, Tablet, Laptop, Portable Speakers, and Others |
| By Sales Channel | Online and Offline |
| By Region | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
Competitive Landscape :
The global USB Chargers market is highly competitive due to the presence of major players such as Just Wireless, Huntkey, Petra Industries, LLC, Baccus Global LLC, Xiaomi, operating in the global market. The market players are adopting new ways through product innovations, mergers and acquisitions, and business strategies to remain hold strong market position. Thus, evolving research and developments in USB Chargers are expected to help market players adopt innovative ways of product creation to cater to the growing needs of various industries.
- Just Wireless
- Huntkey
- Petra Industries, LLC
- Baccus Global LLC
- Xiaomi
- Verizon
- Eaton
- Inter IKEA Systems BV
- NCC Corp
- SDI Technologies
- AT&T Inc
- DB Power Limited
