Global USB Charger Market is Thriving with Rising Latest Trends by 2027 | Top Players- Just Wireless; AT&T Intellectual Property; Cyber Power Systems (USA), Inc.; Huntkey

Global USB Charger Market document lends a hand with industry to divulge the best market opportunities and look after proficient information to efficiently climb the ladder of success. The report aids in understanding the future outlook and prospects for the industry. Market segmentation has also been performed in detail based on various parameters that include applications, verticals, deployment model, end user, and geography. In the report, the information regarding the industry are taken from trustworthy sources such as websites, annual reports of the companies, journals, and others and were checked and validated by the market experts.

Market Analysis: Global USB Charger Market

Global USB Charger Market is expected to rise from its initial estimated value of USD 24.81 billion in 2018 to an estimated value of USD 40.43 billion by 2026, registering a CAGR of 6.29% in the forecast period of 2019-2026. This rise in market value can be attributed to the increased usage of smartphones for different functions which result in quicker drainage of battery requiring a variety of chargers adaptable in different conditions.Few of the major competitors currently working in the USB charger market are Just Wireless; AT&T Intellectual Property; Cyber Power Systems (USA), Inc.; Huntkey; Baccus Global LLC; Inter IKEA Systems B.V.; Eaton; Twin-Star International; E-filliate, Inc.; Xiaomi; MIZCO International Inc.; S2DIO; Best Buy; Verizon; Monster Store; Goal Zero; j5 create; NATIVE UNION; Klein Electronics; VOXX International Corp.; myCharge; The Douglas Stewart Company; XENTRIS WIRELESS, LLC; Petra Industries, LLC; Prime Wire & Cable, Inc.; Tzumi.com; Qmadix; SDI Technologies, Inc.; Walmart Inc.; Sprint.com; T-Mobile USA, INC. and TYLT.

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Global USB Charger Market By Product Type (USB A Type, USB B Type, USB C Type), Charger Type (Wall Chargers, Portable Power Bank/Docking System/Alarm Clock, Car Charger), Port (One, Two, Three, Four), Distribution Channel (Online, Offline), Application (Home Use, Car Use, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) - Industry Trends and Forecast to 2026

Competitive Analysis: Global USB Charger Market

Global USB charger market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of USB charger market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Market Definition: Global USB Charger Market

USB charger is a type of electronic device that is used for charging other consumer electronic devices, with it providing 5 volt DC standard output, whereas the amperage of the device varies from 0.7A to 2.4A. The charger is usually used with an AC power outlet and a USB cable is inserted at one end which provides the transfer of energy. The USB chargers can sense when they are connected to an AC unit and when they are connected to a computer system, through which they regulate drawing power.

Market Drivers:

Significant rise in usage and adoption of smartphones globally is expected to positively affect the growth of the market
Increasing purchasing power resulting in rise of adoption of consumer electronics is expected to positively affect the growth of the market

Market Restraint:

Presence of fake and counterfeit products in the market is expected to result in the restraint of the market growth

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Segmentation: Global USB Charger Market

By Product Type

USB A Type
Micro USB A
USB 3.0 A Type
USB B Type
USB Mini B (5 Pin)
USB Mini B (4 Pin)
Micro USB B
USB 3.0 B Type
USB 3.0 Micro B
USB C Type

By Charger Type

Wall Chargers
Portable Power Bank/Docking System/Alarm Clock
Car Charger

By Port

One
Two
Three
Four

By Distribution Channel

Online
Offline

By Application

Home Use
Car Use
Others

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Key Developments in the Market:

In January 2019, Xiaomi announced the launch of "Mi Micro USB Braided Cable" in India, and will be available commercially from 18th January, 2019 through their website. The product has features like tangle-free design, supports 2A fast charging and the product comes equipped with a Micro-USB interface which makes it capable of working with Type C phone jacks. The sturdy and durable cable will only be available in red color variant
In August 2018, Huntkey announced the launch of an American Standard power strip series "SMC" with USB chargers on the Amazon US site. The power strips equipped with the highest quality of components provides flame retardant products and copper interior design promoting the conductivity of electricity in the design

Key Insights in the report:

Competitive analysis of key competitors involved in the market
Complete analysis of market segmentation and which segments are set to flourish in the forecast period of 2019 to 2026
Market drivers and restraints analysis along with the analysis of the market structure

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