USB Wall Charger Global Market Report 2024

The usb wall charger market size has grown strongly in recent years. It will grow from $1.52 billion in 2023 to $1.61 billion in 2024 at a compound annual growth rate (CAGR) of 5.8%. The growth observed in the historical period for USB wall chargers can be attributed to several factors, including the introduction of USB standards that standardized charging methods, the proliferation of portable electronic devices leading to increased demand for charging solutions, the revolution in smartphones driving the need for efficient charging, the shift to lithium-ion batteries in electronic devices, and the popularity of USB-C connectors known for their versatility and faster charging capabilities. These factors collectively contributed to the historical expansion of the USB wall charger market.

The usb wall charger market size is expected to see steady growth in the next few years. It will grow to $1.91 billion in 2028 at a compound annual growth rate (CAGR) of 4.4%. The anticipated growth in the forecast period for USB wall chargers can be attributed to factors such as the continued proliferation of USB Type-C connectors, the expansion of Internet of Things (IoT) devices requiring charging solutions, the increasing trends in travel and mobility leading to a higher demand for portable charging options, the growth of smart homes and integration of electronic devices, and the overall expansion of e-commerce.

The projected increase in the global demand for electronic devices is expected to drive the growth of the USB wall charger market in the coming years. Electronic devices, consisting of components such as transistors, silicon chips, or other hardware elements, play a crucial role in processing information by governing the flow of electrical energy. USB wall chargers, which connect to regular electrical outlets, provide electricity to recharge various gadgets, including cellphones, tablets, recording devices, and other USB-powered devices. These chargers offer a standardized and convenient way to charge devices through USB ports. According to the Japan Electronics and Information Technology Industries Association's data in May 2023, the total electronic device production in Japan amounted to $6.72 billion (¥771,457 million). Furthermore, consumer electronics device production increased from $230.9 million (¥25,268 million) in May 2022 to $280 million (¥32,099 million) in May 2023. This growth in electronic device demand globally is a key driver fueling the USB wall charger market.

Major players in the USB wall charger market are actively focusing on incorporating advanced fast-charge technologies, such as the GaN Charger, to better cater to the needs of their customers. A GaN charger, leveraging gallium nitride semiconductors, offers an efficient and compact design for faster charging of electronic devices. In August 2023, Belkin International Inc., a US-based consumer electronics manufacturer, introduced the BoostCharge Pro 140W 4-Port GaN wall charger. This GaN charger enables users to charge a MacBook Pro at maximum speed or fast-charge an iPad or iPhone while simultaneously charging two other devices. With three USB-C and one USB-A connectors, it is compatible with a broad range of USB-C devices, including tablets, laptops, and smartphones. The charger can power up to four devices simultaneously with 140W of total electrical power, supporting rapid charging for most PD3.1 (EPR) and PD3.0-equipped devices. Additionally, its travel-friendly folding prongs enhance portability.

In March 2021, Eaton Corporation plc, an Ireland-based manufacturing company specializing in USB receptacles and USB wall chargers, acquired Tripp Lite for an undisclosed amount. This strategic acquisition aims to broaden Eaton's edge computing and distributed IT product range while expanding its single-phase UPS business. Tripp Lite, a US-based manufacturing company, is known for its production of single-port and double-port wall chargers.

Major companies operating in the usb wall charger market report are AT&T Inc., Eaton Corporation plc, Koninklijke Philips N.V., Anker Innovations Co. Ltd, GP Batteries International Limited, Otter Products LLC, Belkin International Inc., CyberPower Systems (USA) Inc., Scosche Industries Inc., Aukey Official, Maxwell Technologies Inc., Jasco Products Company LLC, Rayovac Corporation, Prime Wire & Cable Inc., Mizco International Inc., Native Union Design Limited, E-filliate Inc., iLuv Creative Technology, Goal Zero LLC, Incipio LLC, RAVPower Technology Corporation Limited.

Asia-Pacific was the largest region in the USB wall charger market in 2023. The regions covered in the usb wall charger market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the USB wall charger market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The USB wall charger market consists of sales ofadaptive charging USB wall charger, travel USB wall charger, rapid charging USB wall charger, and wireless charging USB wall charger. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

A USB wall charger is a device designed to plug into a wall outlet, providing power for charging electronic devices such as smartphones, tablets, laptops, and other USB-powered devices. It typically consists of an input section that connects to the wall outlet and an output section with one or more USB ports for connecting devices. The primary function of a USB wall charger is to convert the AC power from the wall outlet into DC power suitable for charging the connected electronic devices. This makes it a convenient and widely used accessory for charging various gadgets.

USB wall chargers come in various types, including 1 port, 2 ports, 3 ports, 4 ports, and others, catering to different charging needs. The single-port USB wall charger is a compact device designed for convenient charging of electronic devices. It plugs directly into a standard electrical wall outlet and typically features one USB port for connecting a charging cable. These chargers are integrated with various technologies such as standard charging, quick charge, power delivery, and others, providing different charging capabilities. USB wall chargers are distributed through channels such as online and offline retail. They find applications in various settings, including individual usage and commercial environments, meeting the diverse charging requirements of users.

The USB wall charger research report is one of a series of new reports that provides USB wall charger market statistics, including the USB wall charger industry's global market size, regional shares, competitors with an USB wall charger market share, detailed USB wall charger market segments, market trends and opportunities, and any further data you may need to thrive in the USB wall charger industry. This USB wall charger market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.


This product will be delivered within 3-5 business days.