Global USB Type-c Market 2024-2028
USB Type-C Market 2024-2028
The USB Type-C market is forecasted to grow by USD 17350.1 mn during 2023-2028, accelerating at a CAGR of 17.1% during the forecast period. The report on the USB Type-C market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing adoption of premium smartphones in emerging markets, high availability of USB Type-C cables and accessories on online channels, and increasing demand for smart wearables and IoT devices.
Technavio's USB Type-C market is segmented as below:
- By Product Type
- Charger
- Cable
- Adaptor
- Other accessories
- By Application
- Consumer electronics
- Automotive
- Healthcare
- Industrial automation
- Others
- By Geographical Landscape
- APAC
- North America
- Europe
- Middle East and Africa
- South America
This study identifies the growing penetration of wireless charging outlets as one of the prime reasons driving the USB Type-C market growth during the next few years. Also, introduction of innovative mobile phone accessories and increasing government support for adoption of USB Type-C ports will lead to sizable demand in the market.
The report on the USB Type-C market covers the following areas:
- USB Type-C market sizing
- USB Type-C market forecast
- USB Type-C market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading USB Type-C market vendors that include AUK, Belkin International Inc., Bright Industries, ByteCable, Cabledo, Diodes Inc., Farreach Electronic Co., Ltd., HIROSE ELECTRIC Co. Ltd., Hon Hai Precision Industry Co. Ltd., Infineon Technologies AG, MediaTek Inc., Microchip Technology Inc., Moke International Group Ltd., NXP Semiconductors NV, ON Semiconductor Corp., Renesas Electronics Corp., Shenzhen STC Cable, Silicon Laboratories Inc., STMicroelectronics International N.V., Texas Instruments Inc., and Wandkey Electronic Co.,Ltd.. Also, the USB Type-C market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.