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Report Overview
The global USB charger market, valued at USD 31.00 Billion in 2024, has experienced significant growth, driven by features like built-in safety mechanisms, including overcurrent protection, temperature control, and short-circuit prevention. The market is forecast to grow at a compound annual growth rate (CAGR) of 6.80% from 2025 to 2034, potentially reaching USD 59.85 Billion by 2034. USB chargers are compatible with various devices, such as smartphones, laptops, and tablets, reducing the need for multiple chargers.
2024
Base Year
2018-2024
Historical Year
2025-2034
Forecast Year
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The China Internet Network Information Center reported that mobile internet users in China increased from 1,046.59 million in June 2022 to 1,076.19 million in June 2023, driving higher demand for USB chargers, especially for mobile charging solutions. The surge in mobile usage has significantly raised the need for efficient, portable chargers, fuelling market growth.
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According to industry reports, Canada’s mobile subscriber base reached 36.5 million by December 2023, creating a sharp rise in demand for high-quality, fast-charging USB solutions. This growth reflects a heightened demand for reliable and efficient mobile charging accessories, thus boosting the USB charger market for consumer electronics and mobile devices.
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ABS data reveals that Australia's laptop industry contributed about USD 162 billion annually and roughly 10% of the nation's GDP in 2022/23, playing a crucial role in the USB charger market. With the continued growth in laptop use, the demand for compatible chargers, especially multi-port and fast-charging options, is also increasing.
Competitive Landscape
The USB charger market key players offer a variety of products, including portable chargers, power banks, USB cables, wireless chargers, and smart home devices. These companies are recognised for their commitment to innovation, high-quality products, and customer satisfaction, making them popular choices among consumers globally. They are especially known for their fast-charging technologies and power delivery solutions, providing reliable and efficient products for a broad range of electronic devices.
Key Industry Players
Anker Innovations Limited: Headquartered in Shenzhen, China, Anker Innovations Limited was established in 2011. The company is renowned for its consumer electronics, primarily focusing on portable chargers, power banks, USB cables, and smart home devices. Anker has built a reputation for high-quality, reliable, and affordable charging solutions worldwide.
AT&T Inc.: AT&T Inc., founded in 1983, is an American multinational telecommunications conglomerate headquartered in Texas, United States. The company provides a wide range of services including wireless communication, broadband, digital TV, and entertainment services. AT&T is a key player in the global telecom industry, serving millions of customers across various sectors.
Cyber Power Systems (USA), Inc.: Cyber Power Systems (USA), Inc., founded in 1997, is headquartered in Minnesota, United States. The company specialises in providing reliable power protection solutions, including uninterruptible power supplies (UPS), power distribution units, surge protectors, and other energy-saving products. Cyber Power is known for offering innovative and efficient power solutions globally.
GP Batteries International Ltd.: Founded in 1964 and headquartered in Hong Kong, GP Batteries International Ltd. is a leading global supplier of battery products. The company offers a wide range of rechargeable batteries, battery chargers, and other energy storage solutions for consumers and businesses. GP Batteries is recognised for its innovation in energy storage technology.
Another key player in the USB charger market report is Apple Inc, Prime Wire & Cable, Inc., EasyAcc.com, Inc., and Mophie, Inc, among others.
USB Charger Market Report Snapshots
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2024, the USB charger market reached an approximate value of USD 31.00 Billion.
The industry is being driven by the growing demand for smartphones and other electronic devices, increasing competition among manufacturers, rapid urbanisation, digitalisation, technological improvements, and increasing spending on consumer electronics.
The increasing diversity in smartphones and USB chargers and the growing availability of smartphones and their functionalities are the key trends propelling the industry’s expansion.
The major regions in the industry are North America, Latin America, Europe, Middle East and Africa, and Asia Pacific.
The types of USBs in the industry are USB Type A, USB Type B, and USB Type C.
The various type of chargers in the industry are wall charger, portable power banks/ docking system/ alarm clock, and car chargers.
The different types of ports are one, two, three, and four, among others.
30W – 45W, 45W – 60W, 60W – 75W, and above 75W are the various power segments of the product.
Smartphone, tablet, laptop, and desktop, among others are the various application sectors in the industry.
Online and offline are the major distribution channels in the industry.
The industry can be segmented into multi-port with fixed power and multi-port with fluctuation power.
The major players in the industry are Anker Innovations Limited, AT&T Inc., Cyber Power Systems (USA), Inc, GP Batteries International Ltd., Apple Inc, Prime Wire & Cable, Inc., EasyAcc.com, Inc., Mophie, Inc and Others.
The market is assessed to grow at a CAGR of 6.80% between 2025 and 2034.
The market is estimated to witness healthy growth in the forecast period of 2025-2034 to reach a value of around USD 59.85 Billion by 2034.
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