Market Overview:
The global USB plug socket market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for USB charging ports in residential, industrial, and commercial applications. Additionally, the growing trend of smart homes is also contributing to the growth of this market. On the basis of type, the global USB plug socket market can be segmented into 1 port, 2 ports, and others. The 2 ports segment is expected to account for a major share of this market during the forecast period owing to its high demand from residential and commercial applications. On the basis of application, this market can be divided into residential application, industrial application, and commercial application.
Product Definition:
a socket on a computer, phone, or other electronic device into which a USB plug can be inserted to provide power.
1 Port:
1 port is a small USB device that has one end wired to the system and the other end is usually connected to a USB plug. It allows charging of devices such as mobile phones, tablets, and others by plugging it into any free USB port. The 1-port product segment accounted for more than 50% of the global revenue in 2015 owing to its widespread use across various verticals such as consumer electronics & accessories, IT & telecom, automotive industry among others.
2 Ports:
2 Ports and it's usage in USB Plug Socket is a device that allows two devices to be charged at the same time from an automobile outlet. It has two USB ports on its body which means that it can charge two devices at the same time using an automobile plug. The 2 Ports and it's usage in USB Plug Socket is available in white color only, as there are no other difference between this product and standard sockets.
Application Insights:
The commercial application segment dominated the global USB plug socket market in 2017. This can be attributed to the increasing number of cafes, hotels and restaurants across the globe. These establishments require a high number of sockets for their establishment as it is where people go to relax and socialize with friends or family. As such, they need convenient power points that offer stable & secure connections for all devices attached thereon without any lags or drops which is why this segment is expected to continue leading over the forecast period.
The residential application segment accounted for a significant share in 2017 owing to growing demand from consumers globally who are increasingly adopting smart home technology products such as smart lighting, security systems etcetera thereby requiring more sockets at homes and apartments along with other electronic appliances like smartphones chargers etcetera connected thereon thus offering an entire solution in one box which will eventually drive growth over the coming years.
Regional Analysis:
Asia Pacific region is anticipated to witness the highest CAGR of XX% from 2018 to 2030. The increasing number of manufacturing facilities and commercial buildings in developing countries such as China, India, and South Korea are expected to drive the market growth. Moreover, rising disposable income levels in these regions will also have a positive impact on market development. Furthermore, an increase in travel and tourism activities has led to an increased demand for electronic devices such as laptops and mobiles which will further propel industry expansion over the forecast period.
The North American regional market accounted for more than 25% share of global revenue in 2017 owing to high product adoption by residential application segment due mainly to growing internet connectivity rates along with enhanced 4G/LTE network coverage across U.S.
Growth Factors:
- Increasing demand for USB charging in portable devices
- Rapid adoption of USB Type-C in consumer electronics
- Proliferation of wireless charging technologies
- Growing demand for smart home and IoT applications
- Rising popularity of fast-charging technologies
Scope Of The Report
Report Attributes
Report Details
Report Title
USB Plug Socket Market Research Report
By Type
1 Port, 2 Ports, Others
By Application
Residential Application, Industrial Application, Commercial Application
By Companies
Leviton, Legrand, Eaton, Hubbell, Jasco Products, Lutron Electronics, TopGreener, NewerTech, Maxxima, Xtreme Cables, Accell
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global USB Plug Socket Market Report Segments:
The global USB Plug Socket market is segmented on the basis of:
Types
1 Port, 2 Ports, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential Application, Industrial Application, Commercial Application
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Leviton
- Legrand
- Eaton
- Hubbell
- Jasco Products
- Lutron Electronics
- TopGreener
- NewerTech
- Maxxima
- Xtreme Cables
- Accell
Highlights of The USB Plug Socket Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 1 Port
- 2 Ports
- Others
- By Application:
- Residential Application
- Industrial Application
- Commercial Application
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the USB Plug Socket Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
USB Plug Socket is a type of USB port that can be used to charge devices such as phones and tablets.
Some of the key players operating in the usb plug socket market are Leviton, Legrand, Eaton, Hubbell, Jasco Products, Lutron Electronics, TopGreener, NewerTech, Maxxima, Xtreme Cables, Accell.
The usb plug socket market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 USB Plug Socket Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 USB Plug Socket Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 USB Plug Socket Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the USB Plug Socket Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global USB Plug Socket Market Size & Forecast, 2020-2028
4.5.1 USB Plug Socket Market Size and Y-o-Y Growth
4.5.2 USB Plug Socket Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 1 Port
5.2.2 2 Ports
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Residential Application
6.2.2 Industrial Application
6.2.3 Commercial Application
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global USB Plug Socket Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 USB Plug Socket Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 1 Port
9.6.2 2 Ports
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Residential Application
9.10.2 Industrial Application
9.10.3 Commercial Application
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 1 Port
10.6.2 2 Ports
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Residential Application
10.10.2 Industrial Application
10.10.3 Commercial Application
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 1 Port
11.6.2 2 Ports
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Residential Application
11.10.2 Industrial Application
11.10.3 Commercial Application
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 1 Port
12.6.2 2 Ports
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Residential Application
12.10.2 Industrial Application
12.10.3 Commercial Application
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 1 Port
13.6.2 2 Ports
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Residential Application
13.10.2 Industrial Application
13.10.3 Commercial Application
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 USB Plug Socket Market: Competitive Dashboard
14.2 Global USB Plug Socket Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Leviton
14.3.2 Legrand
14.3.3 Eaton
14.3.4 Hubbell
14.3.5 Jasco Products
14.3.6 Lutron Electronics
14.3.7 TopGreener
14.3.8 NewerTech
14.3.9 Maxxima
14.3.10 Xtreme Cables
14.3.11 Accell
