All updated as on -
The market for wired charging was estimated to be worth $11.10 billion globally in 2023, and it is anticipated to increase to $15.9 billion by 2030, with a CAGR of 4.9% between 2023 and 2030.
The majority of consumer electronics, including mobile phones, laptops, tablets, and other devices, as well as many other items utilized in the healthcare, energy, and power sectors, are charged via wired methods. Given that charged devices are ubiquitous, wired charging is essential to people's daily life. The primary driver driving the market in this decade has been the rise in demand for wired chargers as a result of the rise in demand for mobile and laptop devices. Additionally, the need for cable charging is increasing along with the demand for electric vehicles.
Throughout the forecast, the expansion of the wired charging market in Japan has been significantly attributed to the rise in demand for portable electronics and laptop chargers over the past ten years. Additionally, there is a greater demand for cable charging due to the rise in electric vehicle sales. Furthermore, the Japanese market is significant for wired charging since, after China and the United States, Japan is currently the third-largest market for light-duty plug-in vehicles. In order for Japan to reach carbon neutrality by 2050, the government also anticipates that all new cars will be powered by electricity; the need for electric vehicles in Japan has grown significantly. Japan is a major emitter of greenhouse gases, with cars playing a significant part.
The wired charging business in Japan was further helped by the Japanese government's significant expected investments in electric vehicle charging facilities. The expansion of Japan's wired charging industry is also anticipated to be aided by expanding electronics and consumer adoption rates as well as increased installation demand for charging stations. The growth of the wired charging business in Japan has also been aided by the development of rapid charging and USB type charging.
As technology becomes more disruptive, there is a growing demand for more dependable technology, particularly wireless charging devices. Since this technology tends to be more adaptable than traditional cable charging technology, the market for wired charging is finding it difficult to expand. All of these issues are limiting the growth of the Japanese wired charging market.
Additionally, the insufficient coordination among the current charging providers might be enhanced to provide clients with better charging services. As part of its economic strategy for fiscal year 2013, the government proposed subsidies worth $0.89 billion for the construction of charging facilities in an effort to boost the usage of electric vehicles and hasten the development of the charging infrastructure. With such strong backing, it is predicted that automakers will cooperate to install the chargers in Japan, such as the joint venture of Toyota, Nissan, Honda, and Mitsubishi. Before, each automaker independently evaluated potential sites for charging stations. They have now decided to collaborate with the understanding that improving the charging infrastructure should happen rapidly while the limited time that the subsidies are available and that it has public benefit.
On the basis of type, charging type, application, sales channel, and region, the wired charging market is divided. The market is divided into Type C, Micro USB, lightning, and other types based on type. There are two types of charging: regular charging and fast charging. It is divided into categories for personal care, consumer electronics, cars, energy & power, healthcare, and other applications. Online and offline sales channels are separated under this heading. It is divided into North America, Europe, Asia-Pacific, and LAMEA in terms of regions.
Report Coverage
Global Wired Charging research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Wired Charging report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Wired Charging competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Wired Charging market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Wired Charging market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Wired Charging market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
DELL TECHNOLOGIES INC., ABB, DELTA ELECTRONICS, INC., SAMSUNG ELECTRONICS CO., LTD., APPLE INC., TESLA, HUAWEI TECHNOLOGY CO., LTD., AOYAMA ELEVATOR CO., LTD, WEBASTO GROUP, SUNVALLEY GROUP, Panasonic Corporation, Toshiba Corporation, Philips, Sony, Canon, Nikon, Casio, Furukawa Wired Charging Co., Ltd., NGK Insulators Ltd., FDK Corporation, ELIIY-Power, KYOCERA, Hitachi, Ltd., NEC Corporation, Murata, GS Yuasa International Ltd.
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Wired Charging market based on the below-mentioned segments:
Global Wired Charging Market, By Type
Type C
Micro USB
Lightning
Others
Global Wired Charging market, By Application
Personal Care
Consumer Electronics
Automotive
Energy & Power
Healthcare
others
Global Wired Charging Market, By Sales Channel
Online
Offline
Global Wired Charging market, Regional Analysis
The majority of consumer electronics, including mobile phones, laptops, tablets, and other devices, as well as many other items utilized in the healthcare, energy, and power sectors, are charged via wired methods. Given that charged devices are ubiquitous, wired charging is essential to people's daily life. The primary driver driving the market in this decade has been the rise in demand for wired chargers as a result of the rise in demand for mobile and laptop devices. Additionally, the need for cable charging is increasing along with the demand for electric vehicles.
Throughout the forecast, the expansion of the wired charging market in Japan has been significantly attributed to the rise in demand for portable electronics and laptop chargers over the past ten years. Additionally, there is a greater demand for cable charging due to the rise in electric vehicle sales. Furthermore, the Japanese market is significant for wired charging since, after China and the United States, Japan is currently the third-largest market for light-duty plug-in vehicles. In order for Japan to reach carbon neutrality by 2050, the government also anticipates that all new cars will be powered by electricity; the need for electric vehicles in Japan has grown significantly. Japan is a major emitter of greenhouse gases, with cars playing a significant part.
The wired charging business in Japan was further helped by the Japanese government's significant expected investments in electric vehicle charging facilities. The expansion of Japan's wired charging industry is also anticipated to be aided by expanding electronics and consumer adoption rates as well as increased installation demand for charging stations. The growth of the wired charging business in Japan has also been aided by the development of rapid charging and USB type charging.
As technology becomes more disruptive, there is a growing demand for more dependable technology, particularly wireless charging devices. Since this technology tends to be more adaptable than traditional cable charging technology, the market for wired charging is finding it difficult to expand. All of these issues are limiting the growth of the Japanese wired charging market.
Additionally, the insufficient coordination among the current charging providers might be enhanced to provide clients with better charging services. As part of its economic strategy for fiscal year 2013, the government proposed subsidies worth $0.89 billion for the construction of charging facilities in an effort to boost the usage of electric vehicles and hasten the development of the charging infrastructure. With such strong backing, it is predicted that automakers will cooperate to install the chargers in Japan, such as the joint venture of Toyota, Nissan, Honda, and Mitsubishi. Before, each automaker independently evaluated potential sites for charging stations. They have now decided to collaborate with the understanding that improving the charging infrastructure should happen rapidly while the limited time that the subsidies are available and that it has public benefit.
On the basis of type, charging type, application, sales channel, and region, the wired charging market is divided. The market is divided into Type C, Micro USB, lightning, and other types based on type. There are two types of charging: regular charging and fast charging. It is divided into categories for personal care, consumer electronics, cars, energy & power, healthcare, and other applications. Online and offline sales channels are separated under this heading. It is divided into North America, Europe, Asia-Pacific, and LAMEA in terms of regions.
Report Coverage
Global Wired Charging research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Wired Charging report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Wired Charging competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Wired Charging market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | DELL TECHNOLOGIES INC., ABB, DELTA ELECTRONICS, INC., SAMSUNG ELECTRONICS CO., LTD., APPLE INC., TESLA, HUAWEI TECHNOLOGY CO., LTD., AOYAMA ELEVATOR CO., LTD, WEBASTO GROUP, SUNVALLEY GROUP, Panasonic Corporation, Toshiba Corporation, Philips, Sony, Canon, Nikon, Casio, Furukawa Wired Charging Co., Ltd., NGK Insulators Ltd., FDK Corporation, ELIIY-Power, KYOCERA, Hitachi, Ltd., NEC Corporation, Murata, GS Yuasa International Ltd. |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Wired Charging Market from 2021 to 2030.
- Market Forecast for Wired Charging Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Wired Charging competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Wired Charging
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Wired Charging market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Wired Charging market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
DELL TECHNOLOGIES INC., ABB, DELTA ELECTRONICS, INC., SAMSUNG ELECTRONICS CO., LTD., APPLE INC., TESLA, HUAWEI TECHNOLOGY CO., LTD., AOYAMA ELEVATOR CO., LTD, WEBASTO GROUP, SUNVALLEY GROUP, Panasonic Corporation, Toshiba Corporation, Philips, Sony, Canon, Nikon, Casio, Furukawa Wired Charging Co., Ltd., NGK Insulators Ltd., FDK Corporation, ELIIY-Power, KYOCERA, Hitachi, Ltd., NEC Corporation, Murata, GS Yuasa International Ltd.
Primary Target Market
- Market Players of Wired Charging
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Wired Charging market based on the below-mentioned segments:
Global Wired Charging Market, By Type
Type C
Micro USB
Lightning
Others
Global Wired Charging market, By Application
Personal Care
Consumer Electronics
Automotive
Energy & Power
Healthcare
others
Global Wired Charging Market, By Sales Channel
Online
Offline
Global Wired Charging market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
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