USB Charger Market Size, Share, Price, Analysis, Report And Forecast 2023-2028

The new report by Expert Market Research titled, ‘Global USB Charger Market Report and Forecast 2023-2028’, gives an in-depth analysis of the global USB charger industry analysis, assessing the market based on its segments like USB types, charger types, ports, power, applications, distribution channels, multi-ports, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models. The key highlights of the report include: Market Overview (2018-2028)

• Historical Market Size (2022): About USD 27.18 Billion
• Forecast CAGR (2023-2028): 6.8%
• Forecast Market Size (2028): Nearly USD 40.33 Billion

The increasing adoption of smart electronic devices such as mobile, laptop, and tablet, among others, is driving the demand for chargers. In addition to this, the increasing penetration of electronic gears in enterprises, in order to boost the operational efficiency, is further propelling the USB charger market. Get a Free Sample Report with Table of Contents@ https://www.expertmarketresearch.com/reports/usb-charger-market/requestsample Over the forecast period, the heightened adoption of electronic gadgets in various end-use industries such as BFSI, and healthcare, among others, is likely to accelerate the demand for USB chargers. In terms of region, the Asia Pacific region accounts for a significant share in the market owing to the large population base in emerging economies such as India and China.

USB Charger Industry Definition and Major Segments

USB charger, also known as universal serial bus charger, is defined as a portable power adapter which generates a current varying from .07A to 2.4A through 5 volt standard DC. These types of chargers are connected through a USB socket and are known to charge different electronic gears. Read Full Report with Table of Contents@ https://www.expertmarketresearch.com/reports/usb-charger-market On the basis of USB type, the market can be segmented into:

• USB Type A
• USB Type B
• USB Type C

The significant charger types included in the market are as follows:

• Wall Charger
• Portable Power Banks/ Docking System/ Alarm Clock
• Car Chargers
• Others

The market can be broadly categorised based on port into:

• One
• Two
• Three
• Four
• Others

On the basis of power, the market has been divided into:

• 30W – 45W
• 45W – 60W
• 60W – 75W
• Above 75W

The significant applications of the product include:

• Smartphone
• Tablet
• Laptop
• Desktop
• Others

By distribution channel, the market can be bifurcated into:

• Online
• Offline

Based on multi-port, the market has been divided into:

• Multi-Port with Fixed Power
• Multi-Port with Fluctuation Power

The regional markets for USB charger include:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

USB Charger Market Trends

The key trends in the USB charger market include the growing research and development activities by the major charger manufacturers to meet the growing demand for fast charging systems. The anticipated increase in adoption of smartphones in the emerging economies owing to the rising disposable income, rapid urbanisation, and growing dependence on mobile applications are likely to be the crucial trends in the market. Moreover, USB chargers are compatible with the environment and allows the users to charge in personal vehicles, airports, or hotels, among others. This factor is anticipated to accelerate the demand for USB chargers in the coming years.

Key Market Players

The major players in the market are Anker Innovations Limited, AT&T Inc., Cyber Power Systems (USA), Inc., GP Batteries International Ltd., Apple Inc., and Prime Wire & Cable, Inc., among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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