USB Wall Charger Market Is Growing At A CAGR Of 6.3% From 2022 To 2032
The USB Wall Charger Market research encompasses an exhaustive analysis of the market outlook, framework, and socio-economic impacts. The report covers the accurate investigation of the market size, share, product footprint, revenue, and progress rate. Driven by primary and secondary researches, the USB Wall Charger Market study offers reliable and authentic projections regarding the technical jargon.
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Backed by modest sales of over 76 thousand units, the USB wall charger market grew at 5.3% y-o-y in 2018, reveals Fact.MR’s new study. According to Fact.MR’s study, the USB wall charger market is witnessing a shift from USB-A type to USB-C type charger. While a handful of manufacturers have implemented the type C USB functions in their devices, the advantages that this technology offers are yet to be fully recognized.
Amid the consequential uncertainties of an unregulated state of USB C type chargers, recently released specifications for type C connectors by USB-IF are likely to streamline the manufacturing which can further leverage full potential of this new USB interface.
Primarily, an exponential rise in smartphone adoption has fuelled the revenues of USB wall charger market in past decades. USB charging has become an indispensable requirement in commercial, residential as well as public infrastructures.
Global USB Wall Chargers Market by Category
By Product Type, Global USB Wall Chargers Market is segmented as:
- USB Type A
- USB Type B
- USB Type C
- With PD
- Without PD
By Charger Type, Global USB Wall Chargers Market is segmented as:
- Wall Charger
- Portable Power Banks/Docking System/ Alarm Clock
- Car Charger
By Port Type, Global USB Wall Chargers Market is segmented as:
By Power Type, Global USB Wall Chargers Market is segmented as:
- 30W – 45W
- 45W – 60W
- 60W – 75W
- Above 75W
By Application, Global USB Wall Chargers Market is segmented as:
- Others (Speaker, Camera, etc.)
By Region, Global USB Wall Chargers Market is segmented as:
- North America
- Latin America
- East Asia
- South Asia
- Middle East Africa
USB wall charger manufacturers are exploring new technologies focusing on ease of use to end-consumers. Key manufacturers are acquiring companies to enhance their market presence and expand their operations via online channels. For instance,
- A Gallium Nitride (GaN) II technology inclusive Nano II series charger was introduced by Anker Innovations in 2021 which comprise 30, 65 & 45 Watt chargers with fast charging capabilities.
- A 30 W USB-C & USB-A integrated wall socket launched by BG Electrical in 2021 guarantees fast charging for smart phones, tablets and laptops.