USB Charger Market Entry Strategies, Countermeasures of Economic Impact and Marketing Channels to 2027

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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