Press release
Rising Electric Vehicle Adoption Fuels Wired Charging Market: Strengthening the Growth Trajectory of the Wired Charging Market
Wired Charging Market
What Is the Expected CAGR for the Wired Charging Market Through 2025?
In recent times, there has been a consistent expansion in the wired charging market, with its size projected to increase from $14.38 billion in 2024 to $14.99 billion in 2025, at a compound annual growth rate (CAGR) of 4.2%. Factors contributing to this growth through the historic period include smartphone proliferation, accelerated consumer electronics use, the rise of electric vehicle charging, progressive urbanization and mobility, and the integration of wireless charging.
What's the Projected Size of the Global Wired Charging Market by 2029?
A robust expansion is predicted for the sized market of wired charging in upcoming years, with its value projected to reach $18.6 billion by 2029, growing at a Compound Annual Growth Rate (CAGR) of 5.5%. This predicted rise for the forecast period can be linked to the integration of smart homes, swift charging systems, the electrification of transport, green tech initiatives, gaming, and high-functioning devices. Key market trends of the forecast period are quick charging technologies, USB power delivery (USB-PD), USB type-C interfaces, IoT device integration, and multiple device charging capabilities.
View the full report here:
https://www.thebusinessresearchcompany.com/report/wired-charging-global-market-report
Top Growth Drivers in the Wired Charging Industry: What's Accelerating the Market?
The expansion of the wired charging market is fueled by the escalating requirement for the installation of charging units. Wired charging, typically involving a cable, is employed to power various consumer electronics, electric vehicles, and healthcare and personal care items. The escalating environmental consciousness among consumers has increased the preference for electric vehicles. With this increasing demand for electric vehicles comes the need for a substantial charging infrastructure that relies on wired charging at these facilities. For instance, projections by Twilio Inc., a US-based cloud communications platform, suggest that by 2030 there would be 12.9 million publicly available EV charging stations. Hence, this surge in demand for setting up charging stations will likely accelerate the growth of the wired charging marketplace.
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=6692&type=smp
What Trends Will Shape the Wired Charging Market Through 2029 and Beyond?
The increasing prominence of technology improvements and the introduction of cutting-edge products are key emerging trends within the wired charging market. Such advancements involve the debut of superior chargers featuring mobile applications for charging management, along with enhanced capabilities like rapid charging, universal device compatibility, and more. Leading companies are investing their efforts in releasing such advanced chargers to sustain a competitive advantage and appeal to a larger customer base. For example, in October 2022, Palo Alto, an American firm specializing in EV charging software, collaborated with Smartenit, an American IoT (Internet of Things) solutions company for smart energy. They unveiled a smart grid-optimized Level 1 mobile EV cable designed for cost-efficient EV charging, catering to residents of apartments or multi-unit residences (MUDs) without dedicated EV charging stations. The Smart EV cable equips a standard charging connector in the form of a mobile charging cord, which connects to a basic 120v three-pronged outlet for charging. Furthermore, the device's built-in Wi-Fi modem links with the application, offering EV drivers automatic off-peak charging schedules to cut down on charging costs.
What Are the Main Segments in the Wired Charging Market?
The wired charging market covered in this report is segmented -
1) By Type: Type C, Micro USB, Lightning, Other Types
2) By Charging Type: Standard, Fast
3) By Sales Channel: Online, Offline
4) By Application: Automotive, Consumer Electronics, Smartphones, Tablets, Healthcare Devices, Other Applications
Subsegments:
1) By Type C: USB-C Charging Cables, USB-C Fast Chargers
2) By Micro USB: Standard Micro USB Cables, Micro USB Fast Chargers
3) By Lightning: Lightning Charging Cables, Lightning Fast Chargers
4) By Other Types: Mini USB, Proprietary Charging Cables
Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=6692&type=smp
Which Top Companies are Driving Growth in the Wired Charging Market?
Major companies operating in the wired charging market include Apple Inc., Dell Technologies Inc., Delta Electronics Inc., Amazon.com Inc., Anker Innovations Limited, AUKEY, Belkin International Inc., Cable Matters Inc., Griffin Technology LLC, Hama GmbH & Co KG, SDI Technologies Inc., Incipio LLC, Just Wireless, Monoprice Inc., mophie LLC, Native Union Design Limited, Nekteck Inc., Koninklijke Philips N.V., Pisen Electronics Co. Ltd., RAVPower Inc., Samsung Electronics Co. Ltd., Scosche Industries Inc., Sony Corporation, Targus Group International Inc., Ugreen Group Limited, Ventev Innovations LLC, XtremeMac
Which Regions Will Dominate the Wired Charging Market Through 2029?
Asia-Pacific was the largest region in the wired charging market in 2024. The regions covered in the wired charging market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=6692
This Report Supports:
1. Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2. Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3. Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4. Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
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 Rising Electric Vehicle Adoption Fuels Wired Charging Market: Strengthening the Growth Trajectory of the Wired Charging Market here
News-ID: 4083282 • Views: …
More Releases from The Business Research Company
2025 Testing, Inspection, And Certification Market Outlook: Key Indicators Shapi …
Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations.
What Will the Testing, Inspection, And Certification Industry Market Size Be by 2025?
There has been a consistent upward trend in the size of the testing, inspection, and certification market in the past few years. The market value is expected to rise from $227.58 billion in 2024 to $232.39 billion in 2025, exhibiting a…
Key Trends Influencing the Growth of the Wireless Intercom Market in 2025: Techn …
Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations.
What Is the Expected CAGR for the Wireless Intercom Market Through 2025?
There has been a consistent upswing in the scale of the wireless intercom market in recent years. The market, which was valued at $7.53 billion in 2024, is projected to inflate to a value of $7.86 billion in 2025. This is expected…
Top Trends Transforming the Telepsychiatry Market Landscape in 2025: Innovations …
Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations.
What Will the Telepsychiatry Industry Market Size Be by 2025?
In recent times, the size of the telepsychiatry market has seen a considerable increase. The market is set to expand from $12.45 billion in 2024 to an impressive $15.59 billion in 2025, translating to a compound annual growth rate (CAGR) of 25.3%. Several factors…
Rsising Vegan Population Fuels Wheat Protein Market Expansion Emerges as a Core …
Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations.
What Is the Expected CAGR for the Wheat Protein Market Through 2025?
The market size for wheat protein has seen robust growth in the last few years. It is projected to increase from $3.48 billion in 2024 to $3.7 billion in 2025, reflecting a compound annual growth rate (CAGR) of 6.2%. The historical growth…
More Releases for Charging
How Are Wireless Charging Systems Impacting Electric Bus Charging Stations?
The U.S. government is incorporating a large number of electric buses in its transportation system, on account of increasing environmental concerns. For example, transit operators in Los Angeles and Seattle are committed toward replacing their conventional diesel buses with electric buses. These buses are used for public transport, transit services, and military application. Most of the decisions regarding the purchase of electric buses are taken by the federal or state…
Electric Bus Charging Infrastructure Market Forecast to 2028 - COVID-19 Impact a …
In every region, electrification appears as a clear alternative to increase urban growth and to care for the city environment simultaneously, using electric buses. With the right charging technology, the advantages of electric buses can be used, such as the use of renewable energy, less energy consumption, less noise, lower particle emissions, reliable service, and others. The severe emission standards across the globe are expected to drive more electric bus…
Global Automotive Electric Recharging Point Market Size, by Type (Home Charging …
Global Automotive Electric Recharging Point Market research report provides complete intelligence about the global Automotive Electric Recharging Point industry, including market growth factors and prominent competitors in the market. The report also enfolds insightful analysis of competition intensity, segments, environment, trade regulations, and product innovations to render deep comprehension of the complete Automotive Electric Recharging Point market structure. Recent developments, technology diffusion, and important events of the market are also…
EV Charging Infrastructure Market: Robotic and Smart Charging Technology
According to the new research report published by The Insight Partners, titled “EV Charging Infrastructure - Global Analysis and Forecast to 2027”, The Global EV Charging Infrastructure Market is expected to reach US$ 95.98 Billion in 2027, registering a CAGR of 36.8% during the forecast period 2019-2027.
Some of the key players operating in the EV Charging infrastructure market are ABB Ltd., ABM Industries Incorporated, Bosch Automotive Service Solution, ChargePoint, Inc.,…
Electric Vehicle Charging Equipment Market Report 2018: Segmentation by Type (AC …
Global Electric Vehicle Charging Equipment market research report provides company profile for Fortum, Fuji Electric, Leviton, Shell, Qualcomm, Bosch, Schneider Electric, Siemens, ABB, AeroVironment, Chargemaster, ClipperCreek, DBT-CEV, Engie and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018…
Charging Controllers for Charging Stations Market, Charging Controllers for Char …
MarketResearchReports.Biz has recently announced the Latest industry research report on: "Global Charging Controllers for Charging Stations Market" : Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts.
This report presents the worldwide Charging Controllers for Charging Stations market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth…
