Global USB Charger Market Size study & Forecast, by Product Type (USB Type A, USB Type B and USB Type C, With PD, Without PD), by Charger Type (Wall Charger, Portable Power Banks/Docking System/ Alarm Clock and Car Charger), by Port (One, Two, Three, Four and Multi-port, Multi-Port with Fixed Power, Multi-Port with Fluctuation Power, Same Port with Fluctuation Power, Different Port with Fluctuation Power), by Power (30W – 45W, 45W – 60W, 60W – 75W and Above 75W), by Application (Smartphone, Tablet, Laptop, Desktop, Others), by Distribution Channel (Online, Offline, Organized, Unorganized) and Regional Analysis, 2023-2030
Global USB Charger Market is valued at approximately USD 27.11 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 6.63% over the forecast period 2023-2030. USB is charger is used to charger electronic devices such as smartphones, Wireless earphones, laptops and more. It is also used of transferring of files. The USB Charger Market is expanding because of factors such as the increasing popularity of smartphones and other portable electronic devices and the popularity of multi-port USB chargers. However, the presence of duplicate USB chargers and cheap USB chargers which are risky and tends to lower the market.
The increase in people buying smartphones have resulted in an increase in the market of USB charger. Smartphone shipments globally added up to around 1.2 billion units in 2022 according to Statista 2023. In 2021, the number of mobile devices operating globally stood at almost 15 billion. Additionally, revenue in the Consumer Electronics market amounts to USD 1,028.00 billion in 2023. and the market is expected to grow annually by 2.32% CAGR for forecast period. Many consumer electronics are chargeable and needs a USB charger for its charging such as smartphones, tablets, laptops and more. So increase in electronics market results in increase of USB Charger Market. Superfast charging helps the individual to save time and the rise in the number of products innovations in USB Charger Market results as an opportunity for this market.
The key regions considered for the Global USB Charger Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia Pacific dominated the market in 2022 owing to the growing demand for consumer electronics and rising disposable income among people of this region. According to Statista 2023, in 2020, the market size of the consumer electronics Market in the Asia-Pacific region amounted to USD 257 billion. North America is expected to grow significantly over the forecast period, owing to factors such as increase in demand of virtual reality and consumer electronics among population. Moreover, availability of key players in the market leads to growth of consumer electronics market in this region.
Major market player included in this report are:
Just Wireless
Cyber Power Systems, Inc.
Huntkey
Baccus Global LLC.
Inter IKEA Systems B.V.
Eaton (Ireland)
E-filliate, Inc
Xiaomi (China)
MIZCO International Inc.
Best Buy
Recent Developments in the Market:
In February 2021, Just Wireless launched a line of Kevlar reinforced ultra-strength charging cables. These charging cables use Kevlar fibers, which maintain the cable's durability over an extended length of time and under intense pressure.
In August 2023, Cyber Power Systems (USA), Inc., a power management solution, announced the relaunch of its Smart App Sinewave UPS (uninterruptible power supply) product line. This includes enhanced LCD features to provide greater reliability, convenience, and efficiency for protecting and powering of electronics. This includes built-in cloud monitoring.
In May 2020, Huntkey introduced its new model of USB-C charger that features a US plug and a USB-C port to support fast charging. The charger gives a maximum 30W power output intelligently and with great energy efficiency as it is labeled with VI energy level, and it can deliver 5V3A, 9V3A, 12V2.5A, or 15V2A power outputs to various charging devices. It complies with the PD2.0 charging standard, which allows for a rather quick charging rate. It is certified by the CB, FCC, and UL organizations and has a two-year warranty to guarantee safety.
Global USB Charger Market Report Scope:
Historical Data – 2020 – 2021
Base Year for Estimation – 2022
Forecast period – 2023-2030
Report Coverage – Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered – Product Type, Charger Type, Port, Power, Application, Distribution Channel, Region
Regional Scope – North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope – Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product Type:
USB Type A
USB Type B
USB Type C
With PD
Without PD
By Charger Type:
Wall Charger
Portable Power Banks/Docking System/ Alarm Clock
Car Charger
By Port:
One
Two
Three
Four
Multi-port
Multi-Port with Fixed Power
Multi-Port with Fluctuation Power
Same Port with Fluctuation Power
Different Port with Fluctuation Power
By Power:
30W – 45W
45W – 60W
60W – 75W
Above 75W
By Application:
Smartphone
Tablet
Laptop
Desktop
Others
By Distribution Channel:
Online
Offline
Organized
Unorganized
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa
Companies Mentioned
Just Wireless
Cyber Power Systems, Inc.
Huntkey
Baccus Global LLC.
Inter IKEA Systems B.V.
Eaton (Ireland)
E-filliate, Inc
Xiaomi (China)
MIZCO International Inc.
Best Buy
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