Industry Background:
A USB plug socket is model for charging portable devices such as a smartphone or tablet whilst still being able to utilise socket outlets. They are easy to retrofit into current systems without the need for additional wiring. A socket with USB is offered with one or multiple USB connections so that many devices can be connected simultaneously. The USB sockets can be put on walls, surface and on desk.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Leviton (United States), Legrand (France), Eaton Corporation (Ireland), Hubbell Incorporated (United States), Jasco Products (United States), Lutron Electronics (United States), TopGreener (United States), Maxxima (United States), Accell (Netherlands), Doug Mockett (United States) and VIMAR (Italy) |
This growth is primarily driven by Increasing Adoption of USB Wall Chargers and Growing Population and Increasing Construction.
Globally, a noticeable market trend is evident Rising Demand of USB based Home products Major Manufacturers, such as Leviton (United States), Legrand (France), Eaton Corporation (Ireland), Hubbell Incorporated (United States), Jasco Products (United States), Lutron Electronics (United States), TopGreener (United States), Maxxima (United States), Accell (Netherlands), Doug Mockett (United States) and VIMAR (Italy), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
On Feb. 19, 2019- Leviton announced has launched Dual Type-C with Power Delivery (PD) USB Charger Receptacle, the most advanced USB in-wall charger on the market. The device delivers up to 30 watts of power on a single port and offers up to 2X the charging power when paired with PD-enabled devices for high-speed, efficient charging.
Influencing Trend:
Rising Demand of USB based Home products
Market Growth Drivers:
Increasing Adoption of USB Wall Chargers and Growing Population and Increasing Construction
Challenges:
High Price of USB Sockets as Compare to Other Sockets
Restraints:
High Initial and Maintenance Cost
Opportunities:
Invention of New Technology including IOT and Cloud Computing and Growing Infrastructural Development in Developing Countries
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Manufacturers landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in USB Sockets Market
- Analysis about New Entrants in USB Sockets Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, USB Sockets Study Sheds Light on
The USB Sockets Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the USB Sockets industry Manufacturers. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where USB Sockets industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Manufacturers can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.