USB Wall Charger Market Prophesied to Grow at a Faster Pace by 2027

Posted by Jack Martin on December 16th, 2019

Fact.MR’s report on Global USB Wall Charger Market

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. According to the report, the USB wall charger market is projected to grow at 6.2% CAGR through 2027.

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In a recent business intelligence study, Fact.MR presents the nitty-gritty of the global USB Wall Charger market considering 2013-2017 as the historic year and 2018–2027 as the stipulated timeframe. The business report highlights the drivers, restraints, opportunities and trends affecting market growth. Further, all the market shares associated with the market as well as the segments are expressed in terms of value and volume.

The USB Wall Charger market study outlines the key regions – North America, Latin America, Europe, Japan, APEJ and Middle East & Africa – along with the countries contributing the most in the respective regions.

The report presents detailed insights about each market player, including SWOT analysis, main market information, market share, revenue, pricing and gross margin.

Prominent players covered in this research are Belkin International, Inc. and Foxconn Interconnect Technology Limited (FIT), Jasco Products Company, LLC, Anker Technology Co. Limited, Scosche Industries, Inc., oweradd, Intex Technologies (India) Ltd., iClever, Koninklijke Philips N.V., Aukey, and 360 Electrical, LLC.

The USB Wall Charger market report addresses the below-mentioned queries:

• Why are vendors shifting away from traditional methods of manufacturing USB Wall Charger?
• How does the global USB Wall Charger market looks like in the next five years?
• Which end use industry is expected to surpass segment by the end of 2027?
• What innovative products are being introduced by the players in the global USB Wall Charger market?
• Which regions are showing the fastest market growth?

Global USB Wall Charger Market Segmentations Analysis:

On the basis of Type, the USB Wall Charger market study consists of

• 1 port
• 2 ports
• 3 ports
• 4 ports
• Others

 On the basis of Application Type, the USB Wall Charger market study incorporates:

• Individual
• Commercial
• Others

Crucial insights in the USB Wall Charger market research:

• Underlying macro- and microeconomic factors impacting the growth of the USB Wall Charger market.
• Basic overview of the USB Wall Charger, including market definition, classification, and applications.
• Scrutinization of each USB Wall Charger market player based on mergers & acquisitions, R&D projects, and product launches.
• Adoption trend of USB Wall Charger across various industries.
• Important regions and countries offering lucrative opportunities to USB Wall Charger market stakeholders.

Reasons to choose Fact.MR:

• Exhaustive research regarding the market to offer A to Z information.
• Digital technologies to provide innovative business solutions to the clients.
• 24/7 availability of services.
• Interaction with suppliers, vendors, and service providers for precise market landscape.
• Reports tailored as per the requirements of the clients.

And many more …