The article cited AMA's Global Travel Adapters Market Study explored substantial growth with CAGR of 7.5%. According the report, Increase Demand for USB-A Ports is one of the primary growth factors for the market. Increasing Use of Smartphones
is also expected to contribute significantly to the Travel Adapters market. Overall, Domestic Tourism
applications of Travel Adapters, and the growing awareness of them, is what makes this segment of the industry important to its overall growth.
AMAs Analyst on the Global Travel Adapters market identified that the demand is rising in many different parts of the world as "Strong Opportunity in the United States and United Kingdom Regions, Due To Increasing Travelling Rate". Furthermore, some recent industry insights like "In June 2019, Zendure received more than USD 100,000 on the fifth day after the launch of the GaN Travel Adapter with an auto-resetting fuse." is constantly making the industry dynamic. One of the challenges that industry facing is "increasing the growth of adapters of the market"
The Amps, such as 13 Amps, is boosting the Travel Adapters market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Distribution Channel, such as Online Stores, is boosting the Travel Adapters market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Travel Adapters market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Travel Adapters market and other related sub-markets covered in the study.
o Key & emerging players in the Travel Adapters market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Travel Adapters market size is calculated using market estimation process, the Travel Adapters market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Travel Adapters market size has been validated using both top-down and bottom-up approaches.