Rockville, MD -- (SBWIRE) -- 07/31/2018 -- USB Power Adapters
Universal Serial Bus is an industrial standard term that portrays connectors, cables and other correspondence protocols that enable power supply and trade of data between gadgets and equipment, such as personal computers and smartphones. USB Power Adapters are designed to re-arrange and improve the electric energy supplied and the interface. Modern USB Power Adapters sense if they are connected to PCs or smartphones, and adjust the power output and its power consumption, accordingly.
In order to accommodate the connection of more than one device, manufacturers have launched USB Power Adapters with multiple (up to 4) USB ports. Also, the up-gradation of USB Power Adapters to facilitate faster charging capacity is another trend in the global USB Power Adapters market.
USB Power Adapters Market: Drivers & Challenges
USB Power Adapters are gaining popularity among various device applications, such as audio systems and smartphones, owing to their enhanced durability and high efficiency. Some USB Power Adapters also offer turbo charging feature, enabling faster charging of electronic devices. The constant usage of gadgets, combined with the acceleration in development of large, battery consuming smartphone and computer applications are some factors driving the Global USB Power Adapters market. Rise in demand for consumer electronic devices is estimated to offer huge opportunities during the forecast period, thus driving the global USB Power Adapters market.
However, factors, such as breakage and current leakage, challenge the growth of the global USB Power Adapters market. Also, availability of low-priced, but low quality, USB Power Adapters puts a restraint on the growth of the USB Power Adapters market on a global scale. The USB cables and connectors provided with the USB Power Adapters are delicate, and routine usage can result in wear and tear.
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USB Power Adapters Market: Regional Outlook
Among all the regions, North America holds the largest market share of the global USB Power Adapters market and is anticipated to maintain a balanced growth rate over the forecast period. The growth of the USB Power Adapters market in North America is attributed to the ever-rising adoption of consumer electronics, such as smartphones and integrated speakers. The high presence of input signal amplification services and solution providers drives the USB Power Adapters market in the region.
During the forecast period, SEA and other APAC, China and Japan are expected to grow the fastest as compared to other regions in the USB Power Adapters market. This growth in the USB Power Adapters market is attributed to the rising need for efficient charging and equipment connecting solutions and the reliability factor of USB Power Adapters.
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USB Power Adapters Market: Key Players
Few of the major players operating in the Global USB Power Adapters Market include Xentris Wireless Corporate; VOXX International Corp.; Verizon Communications, Inc.; Tzumi (Pocket Juice); TYLT; Tronsmart; T-Mobile; The Douglas Stewart Co.; Sprint Corporation; SDI Technologies; S2DIO,LLC; Qmadix; Prime Wire & Cable, Inc.; PowerBurst; Petra Industries, LLC and NCC Corp, among others.