USB Charger Market — Key Players Focus on Product Innovation to Consolidate Position

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.

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.
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.

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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.

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