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Wired Charging Market 2023 - By Size, Share, Price, Trends, Growth, Analysis, Report And Forecast 2032
Wired Charging Market
The Business Research Company's Wired Charging Global Market Report 2023 identifies growing demand for the installation of charging stations as the major driver for the Wired Charging market's growth in the forecast period. Wired charging is usually done with a cable and is used to charge various consumer electronics, electric vehicles, healthcare products, and personal care products. The increasing awareness of protecting the environment has made consumers prefer electric vehicles more. As the demand for electric vehicles grows, there will be a significant need for charging infrastructure which needs wired charging to be employed at these stations.
The global wired charging market size grew from $13.09 billion in 2022 to $13.85 billion in 2023 at a compound annual growth rate (CAGR) of 5.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of global wired charging is expected to grow to $17.32 billion in 2027 at a CAGR of 5.7%.
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Major competitors in the Wired Charging market are ABB, AOYAMA Elevator Co Ltd., Apple Inc., Dell Technologies Inc., Delta Electronics Inc.
A key trend in the Wired Charging market includes technological advancements. Technological advancements include the launch of advanced chargers with a mobile application to manage the charging alongside improved features such as fast charging, compatibility with any devices, and more. Key players are focusing on launching technologically advanced chargers to gain a competitive edge in the market and acquire more customers. For instance, in October 2022, Palo Alto, a US-based company operating in EV charging software partnered with Smartenit, a US-based company for IoT (Internet of Things) solutions for smart energy, introduced a smart grid-optimized Level 1 mobile EV cable for low-cost EV charging for residents of apartment buildings or multi-unit dwellings (MUDs) who lack dedicated EV charging stations.
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https://www.thebusinessresearchcompany.com/report/wired-charging-global-market-report
The Wired Charging market is segmented -
• By Type: Type C, Micro USB, Lightning, Other Types
• By Charging Type: Standard, Fast
• By Sales Channel: Online, Offline
• By Application: Automotive, Consumer Electronics, Smartphones, Tablets, Healthcare Devices, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Wired Charging market.
The Business Research Company's "Global Wired Charging Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Wired Charging Market Include:
1. Executive Summary
2. Wired Charging Market Characteristics
3. Wired Charging Market Trends And Strategies
4. Wired Charging Market - Macro Economic Scenario
5. Wired Charging Market Size And Growth
…………………………………..
26. Africa Wired Charging Market
27. Wired Charging Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Wired Charging Market
29. Wired Charging Market Future Outlook and Potential Analysis
30. Appendix
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