Global USB Wall Socket Market Overview:
A USB wall socket is a handy way to charge mobile devices and gadgets using a regular USB cord. A USB socket eliminates the need for an adapter for charging. The smart USB charging function is one of the greatest abilities of this socket. When the switch is not in use, the USB wall socket goes into the standby mode and when the cable is inserted into it and plug into the device, the USB wall socket adjusts the charging pattern to suit it. Another advantage of a USB socket is that it leaves electrical sockets free for regular use. Increasing the volume of smartphones and tablets, both of which are USB connected devices. Some of the key players profiled in the study are Panasonic (Japan), Siemens (Germany), Schneider Electric (France), Honeywell (United States), Havells (India), Hubbell Incorporated (United States), WLegrand Electric Limited (United Kingdom), Scolmore International (United Kingdom), Oviitech (China) and Top greener Inc. (United States).
On the basis of geography, the market of USB Wall Socket has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Number of Ports, the sub-segment i.e. One will boost the USB Wall Socket market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by USB Standards, the sub-segment i.e. Type A will boost the USB Wall Socket market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- A Surge in Use of USB Connected Devices Connected
- Rising Demand for Products That Deliver Convenience
- High Cost of Adaptors
- Rise of Smart Homes
Target Audience:USB Wall Socket Manufacturer, USB Wall Socket Distributor & Supplier, USB Wall Socket End-User, Downstream Vendors and Others
Major Objectives Focused through this Study To define, describe, and forecast the Global USB Wall Socket market on the basis of product [Single Gang and Double Gang] , application [Residential Application, Industrial Application and Commercial Application], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the USB Wall Socket market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the USB Wall Socket industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization: Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Manufacturers which are also part of the research are Topele (China), Architonic (Switzerland), Leviton (United States), Eaton (Ireland), Jasco Products (United States), Lutron Electronics (United States) and Maxxima Group (United States).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the USB Wall Socket market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.