openPR Logo
Press release

USB Wall Charger Market to Witness Exponential Growth, Expected to Hit US$ 3.09 Billion by 2033 at 6.3% CAGR

04-18-2024 08:32 AM CET | Consumer Goods & Retail

Press release from: Fact.MR

USB Wall Charger Market to Witness Exponential Growth, Expected

As of 2023, the USB wall chargers market was valued at US$ 1.68 billion worldwide. By the end of 2033, the global market for USB wall chargers is expected to be valued US$ 3.09 billion, growing at a compound annual growth rate of 6.3%.

The rapid spread of the Internet throughout different locations is credited with creating growth potential in the global industry. It is also anticipated that the significant power consumption of a number of electronic devices will increase demand for USB wall chargers.

Download a Sample Copy Of Report:
https://www.factmr.com/connectus/sample?flag=S&rep_id=2471

The market for USB wall chargers is seeing a spike in demand due to the increasing number of electronic gadgets we use on a daily basis. As computers, tablets, cellphones, and other devices become indispensable travel companions, there is an increasing need for dependable and effective charging options. With the help of USB wall chargers, users can quickly and easily charge their devices from any normal electrical outlet, providing convenience and adaptability.

Key Companies Profiled:
• AUKEY
• Eaton Corporation PLC
• AT&T Inc.
• Mophie, Inc.
• Anker Technology Co. Limited
• Mizco International Inc.
• Monster Store
• GP Batteries International Ltd.
• Cyber Power Systems, Inc.
• Maxell Holdings Ltd.
• Prime Wire & Cable, Inc.
• Native Union
• E-fillitate
• HGD
• MyCharge
• Goal Zero
• EasyAcc.com, Inc.
• Insignia
• Just Wireless
• RavPower
• JS Create

There are multiple factors propelling the market expansion for USB wall chargers. First and foremost, a major factor is the growing global penetration of mobile devices. The need for USB wall chargers to keep smartphones and tablets charged is growing as more people rely on these gadgets for productivity, entertainment, and communication. Furthermore, as consumers look for effective ways to charge an increasing number of connected devices, the expansion of the market is being aided by the rise of the Internet of Things (IoT) and smart home appliances.

The market for USB wall chargers is mostly driven by innovation, as producers are always looking for new ways to improve charging efficiency, speed, and safety. Fast-charging technologies, including Qualcomm Quick Charge and USB Power Delivery (PD), are transforming the way people charge their devices by enabling them to refuel their batteries far faster than they could with traditional chargers.

Read More: https://www.factmr.com/report/2471/usb-wall-charger-market

There is fierce rivalry in the USB wall charger industry from both long-standing competitors and recent arrivals. Prominent technological corporations such as Apple, Samsung, Anker, and Belkin consistently innovate their product lines to maintain a competitive edge in the market. Furthermore, an increasing number of startups and specialty manufacturers are joining the fight and offering cutting-edge charging solutions catered to certain customer requirements, like wireless charging pads, multi-port chargers, and chargers that are portable.

Looking ahead, the market for USB wall chargers is anticipated to grow rapidly due to the proliferation of IoT devices, continued technological advancements, and rising demand for mobile devices. Fast and dependable charging options will become increasingly important as 5G technology advances and battery technology advances. Furthermore, we could anticipate seeing a stronger focus on energy-efficient technologies and environmentally friendly charging options as sustainability issues gain more attention.

Segmentation of USB Wall Charger Industry Research
• By Product :
o Mini USBs
o Micro USBs
o USB-A
o USB-C
o Lightning
• By Charger Type :
o Wall Chargers
o Portable Power Banks/Docking Systems/Alarm Clocks
o Car Chargers
• By Port :
o Single Port with Single Power Output
o Multiport with Single Power Output
o Multiport with Multiport Power Output
• By Power :
o 30 W to 45 W
o 46 W to 60 W
o 61 W to 75 W
o Above 75 W
• By Application :
o Smartphones
o Tablets
o Laptops
o Desktops
• By Region :
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East & Africa

In conclusion, there will be a lot of innovation and growth in the USB wall charger industry in the upcoming years. As smartphones, tablets, laptops, and other electronic devices become more widely used, there is a greater need than ever for effective and dependable charging solutions. Manufacturers compete fiercely in this sector, which propels improvements in efficiency, design, and technology.

Contact:
US Sales Office
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583, +353-1-4434-232
Email: sales@factmr.com

About Fact.MR
We are a trusted research partner of 80% of fortune 1000 companies across the globe. We are consistently growing in the field of market research with more than 1000 reports published every year. The dedicated team of 400-plus analysts and consultants is committed to achieving the utmost level of our client's satisfaction.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release USB Wall Charger Market to Witness Exponential Growth, Expected to Hit US$ 3.09 Billion by 2033 at 6.3% CAGR here

News-ID: 3468297 • Views:

More Releases from Fact.MR

Craft Spirit Market Anticipates $ 59.47 Billion Valuation by 2034, Driven by 29% CAGR
05-21-2024 | Food & Beverage
Fact.MR
Craft Spirit Market Anticipates $ 59.47 Billion Valuation by 2034, Driven by 29% …
According to the most recent market analysis conducted by knowledgeable analysts at Fact.MR, the size of the worldwide craft spirit market is estimated to be worth US$ 20.5 billion in 2023 and is expected to grow at a CAGR of 29% to reach a valuation of US$ 230 billion by the end of 2033. Craft spirits are growing in popularity because of their exceptional flavor, quality, and distinctiveness. The craft spirits
Bank Kiosk Market Forecasted to Expand Rapidly, Projecting US$ 80 Billion Value by 2033, with 15% CAGR
Bank Kiosk Market Forecasted to Expand Rapidly, Projecting US$ 80 Billion Value …
A recent analysis by knowledgeable experts at Fact.MR values the worldwide bank kiosk market at US$ 18.5 billion in 2023 and projects it will grow at a CAGR of 15% to reach US$ 80 billion by the end of 2033. An automated self-service device called a bank kiosk offers customers a range of banking services without the need for human support. A vital component of the contemporary banking infrastructure, bank kiosks
Smart Badges Market To Witness Exponential Growth, Expected to Hit US$ 50 Billion by 2033 at 9% CAGR
Smart Badges Market To Witness Exponential Growth, Expected to Hit US$ 50 Billio …
The smart badge market is expected to grow at a remarkable compound annual growth rate (CAGR) of 9% from 2023 to 2033, from its estimated valuation of US$ 21 billion in 2023 to US$ 50 billion by 2033. An electrical gadget with an embedded memory or microcontroller in the shape of a touch pad is called a smart badge. It establishes a connection with a reader by short-range wireless connectivity or
Pod Vapes Market Is Forecasted To Increase At A CAGR Of 12.5% By 2033: Fact.MR Report
Pod Vapes Market Is Forecasted To Increase At A CAGR Of 12.5% By 2033: Fact.MR R …
The global pod vape market, valued at USD 2.52 billion in 2023, is projected to grow significantly, reaching USD 8.18 billion by 2033. This expansion represents a compound annual growth rate (CAGR) of 12.5% over the decade. The Pod Vape Industry sales study offers a comprehensive analysis on diverse features including production capacities, Pod Vape demand, product developments, sales revenue generation and Pod Vape market outlook across the globe. market research report

All 5 Releases


More Releases for USB

USB Power Adapters Market Display Significant Growth by 2028(On the basis of USB …
USB Power Adapters Universal Serial Bus is an industrial standard term that portrays connectors, cables and other correspondence protocols that enable power supply and trade of data between gadgets and equipment, such as personal computers and smartphones. USB Power Adapters are designed to re-arrange and improve the electric energy supplied and the interface. Modern USB Power Adapters sense if they are connected to PCs or smartphones, and adjust the power output
USB Cable Market is driven by Innovation Of Super Speed USB Cables
Universal Serial Bus (USB) cable are used for the purpose of connecting a USB device with a host device which may include wide range of computing devices, gaming consoles and others. There are several types of universal serial bus standards which include USB cables which are acquiescent with USB 1.1 specification and this would match with universal serial bus 2.0 technology and vice versa. The universal serial bus cable may
USB-PIO-OEM: Digital Control and Acquisition via USB
Maisach (Munich) / Germany. BMC Messsysteme GmbH (bmcm) introduces a highly-integrated OEM version of the versatile I/O module USB-PIO. The USB-PIO-OEM can be used to equip devices with a modern and powerful USB interface. The USB-PIO of BMC Messsysteme GmbH (bmcm), longtime specialist for PC measurement technology "made in Germany", looks back on an impressive success story. Regarding its use, customers again and again prove to be amazingly creative. Whether as
ECB approve the NV9 USB & NV10 USB
Innovative Technology Ltd is pleased to announce the NV9 USB & NV10 USB bank note validators have both received European Central Bank (ECB) approval for their ability to recognise Euro Note counterfeits. The European Central Bank, test banknote authentication devices on their ability to recognise genuine Euro notes and identity counterfeits. The results, published on-line, are available to assist banknote users when selecting appropriate counterfeit detection equipment. Marketing Executive, Dayna Patterson
Data acquisition systems USB-AD, USB-PIO: Where is the measurement device?
What some might consider as an incomplete delivery is the real clou: Customers, who order a USB device at bmcm for analog or digital measurement data acquisition, receive a red USB cable with an attached 25- or 37-pole Sub-D connector. That's supposed to be all? No, of course not! A "Software Collection" CD is included as well. Everybody who is not discouraged until now, and connects the USB cable to
Keyspan USB Print Server and USB Extender Shares USB Devices on a Network
Keyspan is now shipping its new USB 2.0 Server. The server combines the functionality of a USB print server and USB extender. It allows PC and Mac clients to access two Hi-Speed USB 2.0 devices over Ethernet or WiFi. Keyspan\'s USB 2.0 Server lets multiple users share USB devices on a network and extends a USB connection--between a host PC and the USB device--over any distance. The USB 2.0 Server eliminates