Wall Charger Market Size, Share, By Type (Port, Multi Ports, and Wire-chargers), By Application (Smartphone, Feature Phone, Tablet, Smart Watch, and Other), and By Region - Trends, Analysis and Forecast till 2034

Report Code: PMI125819 | Publish Date: April 2024 | No. of Pages: 170

Global Wall Charger Market By Overview

Wall Charger Market was valued at USD 1.8 Billion in 2024 and is projected to grow at a CAGR of 6.20% to reach USD 3.3 Billion by 2034.

Wall chargers are used to charge various electronics devices such as smartphones, smart watches, tablets, power banks, and Bluetooth speakers. The wall charger market is expected to surge due to increased internet penetration and power consumption of electronic gadgets. Increase in demand of smartphones, laptops and other electronic devices strengthens the product reach in the market. Further, growing digitization along with the urbanization is also expected to support the wall charger market in the near future. 

Global Wall Charger Market By Drivers & Restraints

Rising Digitalization overall the globe

Wall chargers are utilized to charge different electronic gadgets, for example, cell phones, smartwatches, tablets, power banks, and Bluetooth speakers. A wall charger normally changes over AC supply of the power source into DC, and afterward gives the particular voltage to the gadget. Charging gadgets, for example, cell phones and tablets, among others, from a wall power source is essentially quicker than charging such gadgets through a USB port of PC of PC, among others. Demand for wall chargers has remained somewhat high since the coming of AC-DC chargers for different gadgets. Rising adoption of gadgets and innovations, accessibility of strong Internet availability, and online advanced content and web based of sound, music, recordings, and films are a few main considerations driving utilization of wall chargers.

Furthermore, advancement in technology and online entertainment stages has expanded fundamentally throughout the course of recent many years. Steady use of associated gadgets as well as need for keeping up with consistent connection with the pinnacle requires power. Gadget batteries should be re-energized all the more habitually or at standard spans. Chargers likewise have a life expectancy and steady use brings about warming and mileage.

Technological progressions in charging frameworks, more compelling charging when contrasted with USB charging, and expanding interests in innovative work of upgraded items with contraption wellbeing are different variables supporting business sector development. Also, steady change from wire chargers to multi-port chargers is one more variable expected to keep on driving worldwide market development.

Global Wall Charger Market By Segmentations & Regional Insights

The Wall Charger Market is segmented based on Type, Application, and Region.

On the basis of type, the Wall Charger Market is segmented into Port, Multi-ports and Wire-chargers. Among which multi-port is expected to exhibit highest CAGR over the forecast period. Due to constant requirement of charging multiple device as a average single person atleast carries minimum 2 devices along them. 

On the basis of application, the target market is classified into Smartphones, Feature phone, Tablet, Smart Watch and Other. Smartphones are expected to dominate the market with the largest revenue as it is an indispensable part of every individual’s daily routine.

Regional Insights:

On region the Wall Charger Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific market is expected to dominate the Wall Charger Market, due to growing electronics industry along with rise in disposable income. Wherein, China is the largest manufactures of wall charger, supporting the dominant position of Asia pacific.

Wall Charging Market Report Scope:

Attribute

Details

Base year for estimation

2023

Forecast period

2024 – 2034

Market representation

Revenue in USD Billion & CAGR from 2024 to 2034

Market Segmentation

By Type – Port, Multi Ports and Wire-Chargers

By Application – Smartphone, Feature Phone, Tablet, Smart Watch, and Other  

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study, has segmented the Wall Charger Market report based on test, application, and region:

Wall Charger Market, By Type:

  • Port
  • Multi Ports
  • Wire-chargers

Wall Charger Market, By Application:

  • Smartphone
  • Feature Phone
  • Tablet
  • Smart Watch
  • Others  

Wall Charger Market, By Region:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • Israel
    • South Africa
    • Rest of Middle East & Africa

Global Wall Charger Market By Competitive Landscape & Key Players

The key players operating the Wall Charger Market includes, BYD Company Limited, Salcomp Oyj, Shenzhen Huntkey Electronics Co. Ltd., Flex Ltd., Jiangsu Chenyang Electronics Co. Ltd., Dong Yang E&P Vietnam Co., Ltd, Sunlin Electronics.Co., Ltd., Phihong Technology Co., Ltd., and PI Electronics Corp..

Global Wall Charger Market By Company Profile

  • BYD Compnay Limited
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Salcomp Oyj
  • Shenzhen Huntkey Electronics Co. Ltd.
  • Flex Ltd.
  • Jiangsu Chenyang Electronics Co. Ltd.
  • Dong Yang E&P Vietnam Co., Ltd
  • Sunlin Electronics.Co., Ltd. 
  • Phihong Technology Co., Ltd.
  • PI Electronics Corp.

 “*” marked represents similar segmentation in other categories in the respective section.

FAQs

Wall Charger Market report segments the market on the basis into type, application, and region.

Demand for wall chargers is relatively high since the advent of AC-DC chargers for various devices.

The Market in Asia Pacific is expected to account for largest revenue share in the global wall charger market owing to high usage of wall chargers for various devices such as smartphones, tablets, power banks, and smartwatches.

The leading players operating in the Global Wall Charger Market includes BYD Company Limited, Salcomp Oyj, Shenzhen Huntkey Electronics Co. Ltd., Flex Ltd., Jiangsu Chenyang Electronics Co. Ltd., Dong Yang E&P Vietnam Co., Ltd, Sunlin Electronics.Co., Ltd. , Phihong Technology Co., Ltd., and PI Electronics Corp..