Global USB Wall Charger Market Comprehensive Study: Forecasted Market Size And Growth Rate

The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2221

The Business Research Company offers in-depth market insights through USB Wall Charger Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.

Market Size And Growth Forecast:
The usb wall charger market size has grown strongly in recent years. It will grow from $1.52 billion in 2023 to $1.61 billion in 2024 at a compound annual growth rate (CAGR) of 5.8%. The growth in the historic period can be attributed to introduction of usb standards, proliferation of portable electronic devices, smartphone revolution, shift to lithium-ion batteries, popularity of usb-c connectors.

The usb wall charger market size is expected to see steady growth in the next few years. It will grow to $1.91 billion in 2028 at a compound annual growth rate (CAGR) of 4.4%. The growth in the forecast period can be attributed to proliferation of usb type-c, expansion of iot devices, increasing travel and mobility, smart homes and integration, e-commerce growth. Major trends in the forecast period include fast-charging evolution, integration of gan technology, usb-c dominance, smart charging solutions, green charging initiatives.

Get Free Sample Of This Report-
https://www.thebusinessresearchcompany.com/sample.aspx?id=13751&type=smp

Market Segmentation:
The usb wall charger market covered in this report is segmented -

1) By Type: 1 Port, 2 Ports, 3 Ports, 4 Ports, Other Types
2) By Technology: Standard, Quick Charge, Power Delivery, Other Technologies
3) By Distribution Channel: Online, Offline
4) By Application: Individual, Commercial, Other Applications

Major Driver - Global Surge In Electronic Device Demand Fuels Growth In USB Wall Charger Market
The increasing demand for electronic devices across the globe is expected to propel the growth of the USB wall charger market in the coming years. Electronic devices are hardware elements that govern the flow of electrical energy to process information, and they may have transistors, silicon chips, or other components. USB wall chargers connect to a regular electrical outlet to provide electricity and recharge gadgets such as cellphones, tablets, recording devices, and other USB-powered devices. They provide an easy and standardized way to charge devices using USB ports. For instance, in May 2023, according to the Japan Electronics and Information Technology Industries Association, a Japan-based trade association, the total electronic device production in Japan accounted for $6,722 million (¥771,457 million). In addition, consumer electronics device production reached $280 million (¥ 32,099 million) in May 2023, compared to $230.9 million (¥25,268 million) in May 2022. Therefore, the increasing demand for electronic devices across the globe is driving the USB wall charger market.

Competitive Landscape:
Major companies operating in the usb wall charger market report are AT&T Inc., Eaton Corporation plc, Koninklijke Philips N.V., Anker Innovations Co. Ltd, GP Batteries International Limited, Otter Products LLC, Belkin International Inc., CyberPower Systems (USA) Inc., Scosche Industries Inc., Aukey Official, Maxwell Technologies Inc., Jasco Products Company LLC, Rayovac Corporation, Prime Wire & Cable Inc., Mizco International Inc., Native Union Design Limited, E-filliate Inc., iLuv Creative Technology, Goal Zero LLC, Incipio LLC, RAVPower Technology Corporation Limited

Get Access To The Full Market Report -
https://www.thebusinessresearchcompany.com/report/usb-wall-charger-global-market-report

Top Trend - Embracing Fast-Charge Technologies For Enhanced Consumer Experience
Major companies operating in the USB wall charger market are focusing on advanced fast-charge technologies, such as the GaN Charger, to better meet the needs of their existing consumers. A GaN charger is a power adapter leveraging gallium nitride semiconductors, offering an efficient and compact design for faster charging of electronic devices. For instance, in August 2023, Belkin International Inc., a US-based company that manufactures consumer electronics, launched a BoostCharge Pro 140W 4-Port GaN wall charger. The BoostCharge Pro 140W 4-Port GaN wall charger allows users to charge a MacBook Pro at maximum speed or fast-charge an iPad or iPhone while simultaneously charging two other devices. This powerful GaN charger provides convenient access to its three USB-C and one USB-A connector. It works with a broad range of USB-C devices, including tablets, laptops, and smartphones. It has three USB-C and one USB-A connection and can charge up to four devices at once with 140W of total electrical power. It also enables rapid charging for the majority of PD3.1 (EPR) and PD3.0-equipped devices and comes with travel-friendly folding prongs.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. USB Wall Charger Market Characteristics
3. USB Wall Charger Market Trends And Strategies
4. USB Wall Charger Market - Macro Economic Scenario
5. USB Wall Charger Market Size And Growth
…..
27. USB Wall Charger Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialize in various industries including manufacturing, healthcare, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.

This release was published on openPR.