Global Magnetic Charging Cable Market to reach USD XX billion by 2027.Global Magnetic Charging Cable Market is valued approximately USD XX billion in 2020 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2021-2027. Magnetic charging cable allows for safer phone use while charging, as it prevents charger cord from fraying due to accidental pulls Also, magnetic charging cables can charge device faster and enable quick data transfer as compared to normal charging cables. The tech-savvy millennial age is much more attracted to technological advancement such as magnetic charging cables, and thus, the market is projected to grow in the forecasted period. Another reason that is expected to boost magnetic charging cable sales is the better durability of nylon braided magnetic charging cables. In addition to that, its ability to support all types of ports, including iPhone, Android, and USB type-C connectors, is likely to boost market acceptance. During the forecast period, all of the above product-related attributes are projected to fuel growth in magnetic charging cable sales. However, high cost of magnetic charging cable as compared to other charging cables may impede the growth of the market over the forecast period of 2021-2027. Also, growing smartphone users globally will increase the demand for mobile phone accessories such as magnetic charging cable, thus affecting the market positively during the forecast period.

The regional analysis of global Magnetic Charging Cable market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is a significant region across the world in terms of market share owing to technological advancements in this region, particularly in the USA.. Whereas, Asia-Pacific is also anticipated to exhibit the highest growth rate over the forecast period 2021-2027. Factors such as growing population and enhanced standard of living. Magnetic charging cable sales are anticipated to increase in this region, providing lucrative growth opportunities for the Magnetic Charging Cable market in the Asia-Pacific region.

Major market player included in this report are:
FlashWire USA
TekDeals
Chargeasap Company
TOPK
Volta Charging LLC
Apple, Inc
Voltreton
Hoco Technology (HK) Co. Ltd
Kanex Company
Terasako


The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By String Length:
Below 0.5 meters
0.5 - 1 meter
1 - 2 meters
Above 2 maters
By Price Range:
Below USD 10
USD 10 - USD 50
Above USD 50
By Sales Channel:
Convenience Stores
Specialty Stores
Wholesalers & Distributors
Online Retail
Other

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027

Target Audience of the Global Magnetic Charging Cable Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors