Global Mobile Charging Cables- Market Overview:
A mobile charging cable is a type of cable used to connect a mobile device, such as a smartphone or tablet, to a power source for charging. These cables typically have connectors on one end that plug into the mobile device's charging port and connectors on the other end that plug into a power source, such as a wall adapter, a USB port on a computer, or a portable charger. Mobile charging cables come in various designs and configurations to accommodate different devices and charging standards. Manufacturers are offering a variety of charging cables with different lengths, materials, colours, and features to cater to diverse consumer preferences and needs. This customization drives sales by appealing to specific segments of the market.
As per latest study released by AMA Research, the Global Mobile Charging Cables- market is expected to see growth rate of 8.5%Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Billion) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Increasing adoption of fast charging technologies such as Quick Charge and proprietary fast charging standards
Market Growth Drivers:
Increasing demand for braided cables with higher durability and The growing integration of quick and efficient charging solutions
Challenges:
Ensuring authenticity and quality control of charging cables is a significant challenge
Restraints:
Ensuring compatibility with various mobile devices that use different charging standards is a significant challenge
Opportunities:
Increasing research and development in fast charging and USB Standards
Competitive Landscape:
As the number of smartphones, tablets, and other mobile devices continues to rise, companies are now entering the mobile charging cable market to meet the growing demand for charging cables. Consumers need additional cables for home, office, travel, and other purposes, prompting manufacturers to offer a variety of options. Mobile charging cables are constantly improving to support faster charging speeds, higher power delivery, and compatibility with various devices and standards, such as USB-C. Manufacturers are leveraging technological advancements to create cables that offer improved performance and convenience for users. With this, the company can strengthen brand loyalty and offer a more complete ecosystem of products to consumers
Some of the key players profiled in the report are Xiaomi (China), Apple Inc. (United States), OnePlus Technology Co., Ltd. (China), Oracura (India), Belkin International, Inc. (United States), VINCI BRANDS LLC (United States), Samsung Electronics Co. Ltd. (South Korea), Amazon.com, Inc. (United States), Imagine Marketing Limited (India) and AT&T (United States). Additionally, following companies can also be profiled that are part of our coverage like Anker Innovations (China), Eaton (Ireland), Ambrane India Pvt Ltd (India), Nothing (China) and Anker(China). Analyst at AMA Research see United States Manufacturers to retain maximum share of Global Mobile Charging Cables- market by 2030. Considering Market by Sales Channel, the sub-segment i.e. Online will boost the Mobile Charging Cables- market. Considering Market by Material, the sub-segment i.e. TPE will boost the Mobile Charging Cables- market.
In June 2023, Nothing, a mobile phone maker launched its new and improved charging cable with a semi-transparent design. The company is planning to establish unique design standards in the market. and In September 2022, Anker unveiled a new series of USB-C charging cables that integrate a proprietary blend of plant-based materials into their manufacturing process. The company has aimed to reduce petroleum-based plastic in product development.
The European Union (EU) has mandated that all mobile device manufacturers must adopt USB-C technology, necessitating a transition from proprietary charging ports.
What Can be Explored with the Mobile Charging Cables- Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Mobile Charging Cables- Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Mobile Charging Cables-
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Mobile Charging Cables- market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Mobile Charging Cables- market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Manufacturers, Suppliers and Sellers, Government Agencies, Regulatory Bodies, Potential Investors, Research and Development Institutes and End User Industry.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.