Global USB Type-C to Type-C cables Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global USB Type-C to Type-C cables Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

The USB Type-C specification brings a new paradigm that will set the interface technology market on its head. USB Type-C, part of the USB 3.1 specification, includes a new combination of cable and connector that incorporates faster data transmission, as well as accommodating competing interface specifications through different alternative modes. Moreover, it offers power delivery of up to 100 watts, giving device vendors the option of having a single cable to deliver data, audio, video and power.

Furthermore, USB Type-C to Type-C Cables is ideal for charging and powering USB Type-C enabled devices, as well as syncing data, photos and music. USB Type-C to Type-C Cables enabled devices-like a MacBook, Chromebook Pixel, Galaxy Note 7 and more-to other USB Type-C devices and accessories such as a smartphone, car/wall charger or multi-port adapter. In addition, the USB Type-C to Type-C Cables provides a USB Type-C connector at both ends for quick and easy data transfers. USB Type-C to Type-C Cables offers a user-friendly reversible design that makes it possible to easily connect the cable to a device. No more wondering which way faces up when plugging it in.

Market Overview:

The latest research study on the global USB Type-C to Type-C cables market finds that the global USB Type-C to Type-C cables market reached a value of USD 3801.45 million in 2022. It’s expected that the market will achieve USD 11349.38 million by 2028, exhibiting a CAGR of 20.0% during the forecast period.

Marketing channel sales will be affected differently

The COVID-19 Outbreak has led to a decline in offline passenger flow, and the advantages of e-commerce companies have become prominent. During the epidemic prevention and control period, some USB Type-C to Type-C Cables enterprises did not carry out internet marketing and promotion for their business, so they encountered great resistance in undertaking business. For enterprises that fail to make good use of network promotion means, there is almost no market development during the epidemic period, and the original offline market development plan is disrupted, and the epidemic will face fierce market homogenization competition, which is expected to have a great impact on the company's business throughout the year.

Marketing channel sales will be affected differently

The COVID-19 Outbreak has led to a decline in offline passenger flow, and the advantages of e-commerce companies have become prominent. During the epidemic prevention and control period, some USB Type-C to Type-C Cables enterprises did not carry out internet marketing and promotion for their business, so they encountered great resistance in undertaking business. For enterprises that fail to make good use of network promotion means, there is almost no market development during the epidemic period, and the original offline market development plan is disrupted, and the epidemic will face fierce market homogenization competition, which is expected to have a great impact on the company's business throughout the year.

Strength

As the consumer electronics industry is moving rapidly toward device miniaturization and high performance, USB Type-C to Type-C Cables connectors are expected to gain momentum in the coming years. These are reversible connectors that are easy to use and allow users to connect their devices without worrying about orientation (unlike conventional USB connectors). USB-C is a truly universal standard and can be used across a wide range of devices, irrespective of their operating system. So far, USB-C has been used in automotive, consumer electronics, IT equipment, medical devices and other industries, making it more versatile and promising than conventional USB types. In recent period, there is remarkable growth in the use of various consumer devices such as smartphones, laptops, and tablets. This factor is stimulating demand opportunities for vendors working in the global USB Type-C to Type-C Cables market. USB Type-C to Type-C Cables interfaces are gaining popularity in all worldwide locations as they allow for speedy as well as safer data sharing using a USB Type-C to Type-C Cables port. The global USB Type-C to Type-C Cables market is growing on the back of increased demand for products from this market from various end-use industries. USB Type-C to Type-C Cables finds application in various sectors including wireless, computing, automotive, consumer electronics, and robotics. Owing to this scenario, the global USB Type-C to Type-C Cables market is expected to grow at rapid pace in the forthcoming years.

Weakness

The USB Type-C to Type-C Cables technologies have largely become mainstream, and are expected to become the primary USB format in most end use industries through the end of the forecast period. However, in terms of consumer electronics, the use of USB Type-C to Type-C Cables remains limited in Apple devices, many of which continue to operate on the company’s proprietary Lightening connector format.

Region Overview:

In 2021, the share of the USB Type-C to Type-C cables market in North America stood at 36.84%.

Company Overview:

Samsung is one of the major players operating in the USB Type-C to Type-C cables market, holding a share of 44.87% in 2021.

Samsung

The Samsung Group is a South Korean multinational conglomerate headquartered in Samsung Town, Seoul. It comprises numerous affiliated businesses, most of them united under the Samsung brand

Apple

Apple was founded by Steve Jobs, Steve Wozniak, and Ronald Wayne in 1976 to develop and sell Wozniak's Apple I personal computer. Apple Inc. is an American multinational technology company that specializes in consumer electronics, computer software, and online services.

Segmentation Overview:

As for product types, the 60W and Below segment held the largest market share in 2021.

Application Overview:

By application, the 480Mbps segment occupied the biggest share from 2017 to 2022.

Key Companies in the global USB Type-C to Type-C cables market covered in Chapter 3:

Belkin
Anker
Oneplus
Foxlink
Samsung
Aukey
UGREEN
Apple
ACON
Luxshare

In Chapter 4 and Chapter 14.2, on the basis of types, the USB Type-C to Type-C cables market from 2018 to 2029 is primarily split into:

60W and Below
100W

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the USB Type-C to Type-C cables market from 2018 to 2029 covers:

480Mbps
5Gbps
10Gbps
20Gbps
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)