What Are the Projected Market Sizes and Growth Rates for the Global Wired Charging Market?
The wired charging market size has seen steady growth in recent years. The market, valued at $14.38 billion in 2024, is expected to grow to $14.99 billion in 2025, amounting to a compound annual growth rate (CAGR) of 4.2%. Key drivers such as the adoption of smartphones, consumer electronics, electric vehicle charging, and the shift towards urbanization and mobility have contributed to this historic growth.
Looking forward, the wired charging market is prepared to see a more significant growth. The market is forecasted to reach $18.6 billion in 2029 at a CAGR of 5.5%. Factors such as smart home integration, fast charging ecosystem, and electrification of transportation are projected to be crucial in propelling this growth. Additionally, trends like USB power delivery and multiple device charging will play a vital role in shaping the industry’s future dynamics.
Get Your Free Sample of The Global Wired Charging Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=6692&type=smp
What are the Factors Driving the Wired Charging Market Growth?
The mounting demand for electric vehicle charging stations is significant in driving the growth of the wired charging market. The rising awareness of environmental protection has moved consumers toward greater adoption of electric vehicles, consequently leading to a demand surge for efficient charging infrastructure. For instance, Twilio Inc., a US-based cloud communications platform, predicted that by 2030, there would be 12.9 million publicly accessible EV charging stations.
Which are the Major Segments in the Wired Charging Market?
The wired charging market covered in this report is segmented as follows:
1) By Type: Type C, Micro USB, Lightning, Other Types
2) By Charging Type: Standard, Fast
3) By Sales Channel: Online, Offline
4) By Application: Automotive, Consumer Electronics, Smartphones, Tablets, Healthcare Devices, Other Applications
Order your report now for swift delivery:
https://www.thebusinessresearchcompany.com/report/wired-charging-global-market-report
Who are the Major Market Players in the Wired Charging Space?
Prominent players in the wired charging market include Apple Inc., Dell Technologies Inc., Delta Electronics Inc., Amazon.com Inc., Anker Innovations Limited, AUKEY, Belkin International Inc., Cable Matters Inc., Griffin Technology LLC, Hama GmbH & Co KG, SDI Technologies Inc., Incipio LLC, Just Wireless, Monoprice Inc., mophie LLC, Native Union Design Limited, Nekteck Inc., Koninklijke Philips N.V., Pisen Electronics Co. Ltd., RAVPower Inc., Samsung Electronics Co. Ltd., Scosche Industries Inc., Sony Corporation, Targus Group International Inc., Ugreen Group Limited, Ventev Innovations LLC, XtremeMac.
What are the Emerging Trends in the Wired Charging Market?
Technological advancements and the launch of highly advanced products are key trends gaining popularity in the wired charging market. Companies are focusing on introducing technologically advanced chargers to gain a competitive edge and acquire more customers. For instance, in October 2022, Palo Alto introduced a smart grid-optimized Level 1 mobile EV cable for low-cost EV charging, in partnership with Smartenit, an IoT solutions company.
Which Region Was the Largest in the Wired Charging Market in 2024?
Asia-Pacific was the largest region in the wired charging market in 2024. The regions covered in this report also include Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
What Does the Wired Charging Market Report 2025 Offer?
The wired charging market characterizes by charging in which a cable plugs into the electronic device being charged and transfers power from the source. It is mostly used to charge various consumer electronic products, electric vehicles, and other electronic products. The Wired Charging Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Purchase the exclusive report now to unlock valuable market insights:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=6692
About The Business Research Company
The Business Research Company, with over 15000+ reports from 27 industries covering 60+ geographies, has built a reputation for offering extensive, data-rich research and insights. Equipped with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can acquire the information you need to stay ahead.
We offer our flagship product, the Global Market Model, which is a premier market intelligence platform delivering comprehensive and updated forecasts to facilitate informed decision-making.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
