According to MarkNtel Advisors study the US USB Charger Market size is valued at around USD 10.88 billion in 2023 and is estimated to grow at a CAGR of about 7.2% during the forecast period, i.e., 2024-30.
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Key Findings of the Study: US USB Charger market
The US USB Charger Market Driver:
Smartphone Proliferation to Influence the Soaring Demand for USB Chargers in the United States – The proliferation of smartphones and portable devices has had a profound impact on the US USB Charger Market. In recent years, there has been a remarkable surge in the usage of smartphones, tablets, smartwatches, and various other portable electronic devices across the United States. For instance, according to the GSMA report of North America 2022, around 85% of the total US population is using smartphones. This surge is indicative of a rapidly evolving digital landscape, where these devices have become indispensable in daily life for communication, entertainment, productivity, and more. As a result, the demand for USB chargers has experienced a considerable upswing.
Consumers require efficient and versatile charging solutions to keep their devices powered up and ready for use, contributing to the US USB charger Markets. Additionally, the ongoing development of fast-changing technologies and eco-friendly charging options aligns with evolving consumer preferences, further underscoring the market's potential for sustained growth in the coming years.
The US USB Charger Market Challenge:
Counterfeit USB Chargers Threat to Safety, Reputation, and Market Integrity – The proliferation of counterfeit products in the US USB Charger Market is a pressing concern that resonates with consumers, manufacturers, and regulatory bodies. This issue has grown more pronounced alongside the surging demand for electronic devices and their associated accessories. The manufacture and distribution of electronic accessories, including USB chargers, often occur in regions with limited regulatory oversight and enforcement.
This regulatory void presents an enticing opportunity for counterfeiters to infiltrate the market. Furthermore, counterfeit products tarnish the reputation and brand image of legitimate companies. These imitation chargers frequently lack essential safety features, thereby increasing the risk of electrical accidents, overheating, fires, and even electric shocks.
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Scope of the Report and US USB Charger Market Segmentation:
By Product
- USB A- Market Size & Forecast 2019-2030F, USD Million
- USB B- Market Size & Forecast 2019-2030F, USD Million
- USB C- Market Size & Forecast 2019-2030F, USD Million
- With Power Delivery- Market Size & Forecast 2019-2030F, USD Million
- Without Power Delivery- Market Size & Forecast 2019-2030F, USD Million
By Charger Type
- Wall Charger- Market Size & Forecast 2019-2030F, USD Million
- Portable Power Banks/Docking System/Alarm Clock- Market Size & Forecast 2019-2030F, USD Million
- Car Charger- Market Size & Forecast 2019-2030F, USD Million
By Port Type
- One- Market Size & Forecast 2019-2030F, USD Million
- Two- Market Size & Forecast 2019-2030F, USD Million
- Others (Three, Four, etc.)- Market Size & Forecast 2019-2030F, USD Million
By Power
- Up to 30W- Market Size & Forecast 2019-2030F, USD Million
- 31W – 45W- Market Size & Forecast 2019-2030F, USD Million
- 46W – 60W- Market Size & Forecast 2019-2030F, USD Million
- 61W – 75 W- Market Size & Forecast 2019-2030F, USD Million
- Above 75W- Market Size & Forecast 2019-2030F, USD Million
By Application
- Smartphone- Market Size & Forecast 2019-2030F, USD Million
- Laptop- Market Size & Forecast 2019-2030F, USD Million
- Tablet- Market Size & Forecast 2019-2030F, USD Million
- Desktop- Market Size & Forecast 2019-2030F, USD Million
- Others (Camera, Speaker, etc.)- Market Size & Forecast 2019-2030F, USD Million
By Multiport
- Multi-Port with Fixed Power- Market Size & Forecast 2019-2030F, USD Million
- Multi-Port with Fluctuation Power- Market Size & Forecast 2019-2030F, USD Million
- Same Port with Fluctuation Power- Market Size & Forecast 2019-2030F, USD Million
- Different Port with Fluctuation Power- Market Size & Forecast 2019-2030F, USD Million
By Distribution Channel
- Online- Market Size & Forecast 2019-2030F, USD Million
- Offline- Market Size & Forecast 2019-2030F, USD Million
- Organized- Market Size & Forecast 2019-2030F, USD Million
- Unorganized- Market Size & Forecast 2019-2030F, USD Million
USB C captures the highest share of the US USB Charger Market. It is highly versatile, offering a reversible connector design that simplifies the user experience.
US USB Charger Market Development:
- 2023: Belkin introduces innovative qi2 chargers, high-powered USB-C solutions, across its power, audio and connectivity categories.
- 2023: Apple Inc. introduces new AirPods Pro (2nd generation) with USB?C charging capabilities. To use a single cable to charge Mac, iPad, AirPods, and the iPhone 15 lineup.
Geographical Analysis:
By Region
- Northeast
- South
- Midwest
- West
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