Global USB Charger Market: Snapshot
With the significant rise in the number of smartphone users, the demand for USB chargers has augmented substantially. The increasing need for improved functionality in smartphones, which drain out battery too soon, is fueling the demand for these chargers remarkably and is expected to continue doing so over the next few years. The global market for USB chargers is projected to rise at a CAGR 5.80% during the period from 2017 to 2025 and reach US$37.89 bn by 2025 end.
Demand for Type C Chargers to Remain Strong
The global market for USB chargers are majorly analyzed on four fronts: The product, type of charger, port, and the distribution channel. Based on the product, the market is classified into type A, type B, and type C. Among these, the type C chargers are experiencing a comparatively higher demand and are expected to remain doing so in the years to come. Wall charger, portable power bank/docking system/alarm clock, and car charger have surfaced as the key types of USB chargers available across the world. Among these, Portable power bank/docking system/alarm clock chargers are reporting a higher demand and are projected to continue like this over the next few years.
Based on the port, the market is categorized into one-, two-, three-, and four-port chargers. By the distribution channel, the market is bifurcated into online and offline. Hitherto, offline channels have the dominance over this market; however, with the increasing penetration of Internet, online distribution channels will also have a smooth way to success in the near future.
Asia Pacific to Maintain Supremacy
Regionally, the worldwide market for USB chargers is spread across Europe, the Middle East and Africa, South America, North America, and Asia Pacific. Asia Pacific, with the increasing number of people with high disposable income, capable to spend of luxury consumer goods, dominated this market in 2016. Over the coming years, this regional market is expected to remain on the top, thanks to the significant increase in the technological advancements in consumer products. The soaring demand for consumer products, which are safe and have the benefit of fast and convenient charging, is predicted to contribute substantially to the growth of the market for USB chargers in Asia Pacific over the forthcoming years.
Owing to the presence of numerous players, this market demonstrates a highly fragmented business landscape. AT&T Inc., Baccus Global LLC, Bello Digital, Cyber Power Systems, Inc., DB Power Limited, Eaton Corporation Plc., E-Filliate, Goal Zero, Honeycomb, IKEA Systems B.V., Insignia, Just Wireless, Kaijet Technology International (J5 Create), Klein Electronics (Sharp Brand), MIZCO International Inc., (Tough Tested), Monster Products, MyCharge, Native Union, NCC Corp., Petra Industries, LLC, PowerBurst, Prime Wire & Cable, Inc., Qmadix, S2DIO, LLC, SDI Technologies, Sprint Corporation, The Douglas Stewart Co., T-Mobile, Tronsmart, TYLT, Tzumi (Pocket Juice), Verizon Communications, Inc., VOXX International Corp., Wal-Mart Stores, Inc., and Xentris Wireless Corporate are some of the key participants in this market.
Global USB Charger Market: Overview
The USB charger market report provides analysis for the period 2015–2025, wherein the period from 2017 to 2025 is the forecast period and 2016 is the base year. The report covers all the major trends and services playing a key role in USB charger market growth over the forecast period. It also highlights the drivers, restraints, and opportunities expected to influence market’s growth during the said period. The study provides a holistic perspective on the USB charger market’s growth throughout the above mentioned forecast period in terms of revenue (in US$ Mn) and Volume (Mn Units), across different geographies, including Asia Pacific, South America, North America, Europe, and Middle East & Africa (MEA).
The market overview section of the report demonstrates the market dynamics and trends, such as the drivers, restraints, and opportunities that influence the current nature and future status of this market. An attractiveness analysis has also been provided for every geographic region in the report, in order to give a thorough analysis of the overall competitive scenario of the USB charger market, globally. A key trend analysis, price trend analysis, has been provided across regions in the report. Moreover, the report provides an overview of the various strategies of key players present in the market. Market definition and introduction chapter helps in understanding different USB charger along with their types and application which are included in the report.
Global USB Charger Market: Segmentation
The report segments the global USB charger market on the basis of product type, port, distribution channel, and charger type. Wherein, product type segment is further classified into USA A type, USB B type and USB C type. The further cross segmentation these segments is also provided across the report. By port, the market has been classified into one, two, three and four ports USB charger. Moreover, distribution channel segment is cross segmented as online channels and offline channels. Furthermore, the report also provide analysis of charger type segment into wall charger, Portable Power bank and car charger. Thus, the report provides in-depth cross-segment analysis of the USB charger market region wise and classifies it into various levels, thereby providing valuable insights at the macro as well as micro levels.
On the basis of country, North American market is divided into The U.S., Canada, and rest of North America. Similarly, Europe market is divided into Germany, U.K., France, and Rest of Europe. Asia Pacific has been segmented into China, Japan, India, Southeast Asia, and Rest of Asia Pacific. Middle East and Africa covers the G.C.C. Countries, South Africa and Rest of Middle East and Africa. Similarly, South America region includes Brazil, and Rest of South America. This report provides all the essential information required to understand the USB charger and its types and application. Also, the report provides insights related to the product type, charger type, and various distribution channels according to the various geographical regions mentioned above.
The report also focus on regulatory framework influencing the USB charger market across domestic and international market. Furthermore, porter’s five forces analysis explains the factors which are currently affecting the USB charger market. This report also provides the value chain analysis for the USB charger which explains the participants of the value chain.
Companies Mentioned in the Report
The report also highlights the competitive landscape of the USB charger market, thereby positioning all the major players according to their geographic presence and recent key developments. The comprehensive USB charger market estimates are the result of our in-depth secondary research, primary interviews, and in-house expert panel reviews. These market estimates have been analyzed by taking into account the impact of different political, social, economic, technological, and legal factors along with the current market dynamics affecting the USB charger market’s growth.
AT&T Inc., Baccus Global LLC, Bello Digital, Cyber Power Systems, Inc., DB Power Limited, Eaton Corporation Plc., E-Filliate, Goal Zero, Honeycomb, IKEA Systems B.V., Insignia, Just Wireless, Kaijet Technology International (J5 Create), Klein Electronics (Sharp Brand), MIZCO International Inc., (Tough Tested), Monster Products, MyCharge, Native Union, NCC Corp., Petra Industries, LLC, PowerBurst, Prime Wire & Cable, Inc., Qmadix, S2DIO, LLC, SDI Technologies, Sprint Corporation, The Douglas Stewart Co., T-Mobile, Tronsmart, TYLT, Tzumi (Pocket Juice), Verizon Communications, Inc., VOXX International Corp., Wal-Mart Stores Inc., and Xentris Wireless Corporate among others, are some of the major players operating within the global USB charger market profiled in this study. Details such as financials, business strategies, and other such strategic information pertaining to these players have been duly provided as part of company profiling.
The USB Charger market is segmented as below.
By Product Type
- USB A Type
- Micro USB A
- USB 3.0 A Type
- USB B Type
- USB Mini B (5 Pin)
- USB Mini B (4 Pin)
- Micro USB B
- USB 3.0 B Type
- USB 3.0 Micro B
- USB C Type
By Charger Type
- Wall Chargers
- Portable Power Bank/Docking System/Alarm Clock
- Car Charger
By Distribution Channel
- North America
- Rest of North America
- The U.K.
- Rest of Europe
- Asia Pacific
- Rest of Asia Pacific
- Middle East and Africa (MEA)
- South Africa
- Rest of MEA
- South America
- Rest of South America