How big is the Charging Cable Market | nnovation & Opportunity 2025

Code: MTA4943

Publication Date: Jul 2025

How big is the Charging Cable Market?

According to 6Wresearch internal database and industry insights, the charging cable market was valued at approximately USD 8.2 billion in 2024 and is projected to reach USD 13.7 billion by 2031, growing at a CAGR of 7.8% during the forecast period. This growth is fueled by the proliferation of smartphones, tablets, electric vehicles (EVs), and IoT devices that require fast and versatile charging solutions.

Key Growth Drivers of the Charging Cable Market

More products supporting type C and rapid charging will adopt the standards in the realm of consumer electronics
New electric vehicle chargers and home infrastructure being built quickly
The increased usage of data capable cables in syncing and connecting devices
Increasing lifecycle of replacements because of wear of cable and increasing quality demands
Increase in demand of the braided, strong and certified accessories

Charging Cable Market Trends

Charging cable market is witnessing strong demand for multi-protocol cables compatible with USBMicro. Quick charging such as Quick Charge and PD are becoming the norm in high-end gadgets, which is following a push towards cable updates. There is an increasing demand of sustainable materials, such as recycled plastics and PTE. Portable cable Portable cables are becoming popular in the form of coiled, retractable and length-adjustable cables. Additionally, branding tie and premium packaging are influencing purchasing decisions in retail channels.

Emerging Developments in the Charging Cable Market

Emerging developments include the launch of smart cables with embedded LED charge-status indicators and temperature sensors to prevent overheating. Cable makers are integrating chipsets for in-line authentication and data encryption to enhance device safety. Wireless charging mats that integrate data connectivity are under development. Companies are researching biodegradable and compostable cable jackets to reduce e-waste. Further innovations include magnetic breakaway connectors and modular cable systems to extend product lifespan.