Take a look at this schematic, especially on the USB OTG part of it.
It uses a SY6280 "5.5V, 2A Low Loss Power Distribution Switch" as a means to control the 5V USB-bus power.
I was wondering if it would be a good idea to implement this sort of thing on all my peripherals, in order to enable them or disable them according to my power requirements e.g SD card, sensors, relays etc.
My design features a 18650 battery to power the device when AC mains is out, like a UPS. Would you consider this approach effective as a means of power management during lost AC mains, in order to power only the necessary blocks of my design?