As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
The growing demand for multifunctional and versatile USB chargers is expected to drive the global USB charger market growth. A multifunctional USB charger is equipped with one USB-C port rated 3A, and three USB-A ports rated 2.4A each. In addition, chargers with different power rates from two ports have proved to be a valuable tool for consumers. The surge in demand for USB type C charger owing to its fast-charging technology is propelling the growth of the overall USB charger market.
Due to the increased penetration of smartphones in the Asia Pacific, the region is expected to be a significant market for USB chargers over the forecast period. North America and Europe are also major markets for the product owing to the high demand for state-of-the-art technology and smartphones and increasing disposable incomes in the regions.
Anker Technology Co. Limited., Mophie Inc., EasyAcc.com Inc., Cyber Power Systems, Inc., and AT&T Inc. (NYSE: T) are some of the key players in the USB charger market. While leading players control a significant share of the global market, it is estimated that new entrants will enter the market and expand their share in the industry. For instance, China's smartphone giant Meizu claims that its 'Super mCharge' technology, which was officially launched in 2018, can recharge batteries seamlessly in just 20 minutes. Such developments are expected to aid the industry growth over the forecast period.
Market Breakup by USB Type, Charger Type, Port, Power, Application, Distribution Channel, Multi-Port, and Region:
Key Findings of the Report:
Key Offerings of the Report:
The major players in the global USB charger market are Anker Technology Co. Ltd, AT&T, Inc., Cyber Power System, Inc., EasyAcc.com, Inc., GP Batteries International Ltd, Mophie, Inc., and Prime Wire & Cable, Inc., among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
Expert Market Research (EMR) is a leading market research and business intelligence companies, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and evergrowing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.
EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.
Expert Market Research
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.