USB Car Charger Market to Grow by USD 95.35 Million During 2020-2024, Amazon.com Inc. and Apple Inc. Emerge as Key Contributors to Market Growth | Technavio
Technavio has been monitoring the USB car charger market and it is poised to grow by USD 95.35 million during 2020-2024, progressing at a CAGR of almost 2% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Technavio has announced its latest market research report titled Global USB Car Charger Market 2020-2024 (Graphic: Business Wire)
Impact of COVID-19
The COVID-19 pandemic continues to transform the growth of various industries. However, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have a low impact on the USB car charger market. The market growth in 2020 is likely to decrease compared to the market growth in 2019.
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Global Smart Carry-on Bags Market: The smart carry-on bags market size has the potential to grow by USD 258.56 million during 2020-2024, and the market's growth momentum will accelerate during the forecast period. To get extensive research insights: Click and Get FREE Sample Report in Minutes!
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Amazon.com Inc., Apple Inc., Belkin International Inc., Fujitsu Ltd., Huawei Investment & Holding Co. Ltd., Koninklijke Philips (News - Alert) NV, Samsung Electronics Co. Ltd., Sony Corp., Targus Inc., and Xiaomi Corp. are some of the major market participants. The penetration of smartphones & access to the internet will offer immense growth opportunities. In a bid to help players strengthen their market foothold, this USB car charger market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies.
Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.
USB Car Charger Market 2020-2024: Segmentation
USB Car Charger Market is segmented as below:
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USB Car Charger Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The USB car charger market report covers the following areas:
This study identifies the increasing demand for smart wearables and IoT devices as one of the prime reasons driving the USB car charger market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports.
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USB Car Charger Market 2020-2024: Key Highlights
Table of Contents:
Five Forces Analysis
Market Segmentation by Product
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