Mobile Charger Connector Market Outlook - 2030
A mobile charger connector is a cable used to charge a smartphone or other portable device. The cable has to plug in into the socket of a USB charger at one end, it has a device connector on the other to which device needs to be connect. There are different types of USB cables, which are used for charging devices and transferring the data. These cables can be used with computers and power outlets. These USB cables has the advantage of directly connecting to the devices. There are different types of cables used for charger connector such as USB Type A, USB Type B, USB C, Mini USB, Micro USB. USB has been selected as the standard charging format for many mobile phones, reducing the proliferation of proprietary chargers.
The global mobile charger connector market is segmented on the basis of type, application and region. Based on type, the market is divided into USB A, USB B, micro, type C cable. In terms of application, the market is categorized into smartphones, MP3 players, cameras, laptops and others. Geographically, the market is analyzed across several regions such as North America, Europe, Asia-Pacific, and Latin America, Middle East & Africa (LAMEA).
Key players operating in the global mobile charger connector industry include TE Connectivity, LS Mtron, Molex, Amphenol, JAE, Hirose Electric, Acon, Shanghai Laimu Electronic, Electric Connector Technology, and Alps Electric.. These companies have adopted several strategies such as product launches, partnerships, collaborations, mergers & acquisitions, and joint ventures to strengthen their foothold in the global mobile charger connector market.
COVID-19 Scenario Analysis
- COVID-19 has affected the mobile charger connector market share in terms of production capability, supply chain, and others
- The outbreak of COVID-19 has led to announce the lockdowns in countries which has restricted the import and exports of material and required electrical components.
- Many smartphone manufacturers have facilities in China and rely on the country to supply components, and have therefore faced delays due to the coronavirus pandemic.
- The smartphone industry has seen production disruptions as well as substantial changes in usage patterns which in turn also affecting the mobile charger connector market size.
- The global coronavirus pandemic is impacting the smartphone industry in many ways including mobile charger connector market forecast and while it is creating challenges for manufacturers and service providers, it’s also creating new opportunities as consumers look for ways to stay occupied and keep in touch with family and friends.
Top Impacting Factors
Rise in demand for enhanced functionality in smartphones supports the growth of the market. Increase in power consumption of electronic gadgets and decreased cost of charger are the key drivers of the mobile charger connector market growth. The use of these devices has been increased in recent years due to the availability of internet-based application and games. Durability, portability, multiple sockets, fast charging, and low cost are the factors driving the growth of the market forecast. Also 4G networks and consistent use of internet services have made gadgets less efficient in terms of power consumption. This created a huge demand for USB charger across the globe thereby fuelling the mobile charger connector market analysis. However, developments in wireless charging, and high cost of charging cables hamper the mobile charger connector market opportunity.
New Product Launches to Flourish the Market
New products that contain improved capabilities have been launched by the leading market players. They have taken necessary steps to improve accuracy of devices and overall functionality as well. Xiaomi has launched a new micro-USB cable in India with support for fast charging. Some of the new launches in market are: Amazon basics USB Type-C to USB-A 2.0 Male capable, RSC Power+ compatible dash data sync fast charging cable, Mi 2-in-1 USB Cable, Boat indestructible USB Type-C, pTron solero swing 3 in 1fast charging 2A cable.
Key Benefits of the Report
- This study presents the analytical depiction of the global mobile charger connector industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global mobile charger connector market trends.
- The current market is quantitatively analyzed to highlight the mobile charger connector market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed global mobile charger connector market analysis based on competitive intensity and how the competition will take shape in coming years.
Questions Answered in the Mobile Charger Connector Market Research Report
- What are the leading market players active in the market?
- What the current trends will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities in the market?
- What are the projections for the future that would help in taking further strategic steps?
Mobile Charger Connector Market Report Highlights
| Aspects | Details |
 By Type |
|
 By Application |
|
 By Region |
|
 Key Market Players | Amphenol, TE Connectivity, Acon, Molex, LS Mtron, Shanghai Laimu Electronic, JAE, Hirose Electric, Electric Connector Technology, Alps Electric. |
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