USB Cable Market Size - By Product Type, By Industry Vertical, By Type, By Functionality, By Charging Power Delivery, By Application - Regional Outlook, Competitive Strategies and Segment Forecasts to 2032

USB Cable Market Size - By Product Type, By Industry Vertical, By Type, By Functionality, By Charging Power Delivery, By Application - Regional Outlook, Competitive Strategies and Segment Forecasts to 2032

Global USB Cable Market Overview:

According to SPER Market Research, the Global USB Cable Market is estimated to reach USD 82.71 billion by 2032 with a CAGR of 20.58%.

USB cables, sometimes referred to as Universal Serial Bus cables are typically used to link computers to peripheral devices like cameras, camcorders, printers, scanners, and more. Both communications and electricity can be carried via it. To make it simple to distinguish between the plugs that go into the computer and the plugs that go into peripheral devices, it is built with a variety of various connector types. The rise in consumer electronics demand, the increased penetration of video in demand, video conferencing, gaming, and home security devices, as well as the rise in data centre numbers, are significant drivers influencing the growth of the USB cable market.

However, the security risks USB presents limit industry expansion. On the other hand, throughout the projection period, profitable chances for USB cables are presented by prospective growth in the automotive industry and the introduction of USB type C is the biggest factor in this. Product type, industry vertical, type, functionality, charging power delivery, and application are the several market segments for USB cables. It is divided into USB type A, USB type B, and USB type C according to type. The market is divided into USB 1.x, USB 2.0, USB 3.x, and USB 4 based on functionality. The USB data cable, USB charger, and multipurpose USB cable segments of the market are based on product type. The market is divided into a smartphone, cameras, camcorders, printers, scanners, computers, TV, and others based on application. The market is divided into commercial, IT & telecommunication, industrial, automotive, healthcare, and others based on industry vertical.

Impact of COVID-19 on the Global USB Cable Market

Due to the incidence of lockdowns in several nations throughout the world, the COVID-19 pandemic had a detrimental effect on the expansion of the worldwide USB cable business. The lockout caused a number of industrial plants, notably those that made consumer electronics and USB cables, to close, which had a negative impact on market demand and expansion. The workforce has also decreased as a result of regulations set by governments from different nations throughout the world. The government set these limitations to stop the virus's spread during the outbreak. The lack of raw materials as a result of limitations on the import and export of various goods also had a negative influence on the market.

Scope of the Report:

Report Metric Details
Market size available for years 2019-2032
Base year considered 2021
Forecast period 2022-2032

Segments covered By Product Type, By Industry Vertical, By Type, By Functionality, By Charging Power Delivery, By Application

Geographies covered North America, Europe, Asia Pacific, Latin America, Middle East and Africa

Companies Covered Belkin, Bose Corporation, Digilent Inc., Digtus, Future Technology Devices International Ltd., Hardware Secrets, ION Audio, Nikon Corporation, Panasonic Corporation, Samsung Electronics Company, Tripp Lite, X ilinc Inc.

Global USB Cable Market Segmentation:

By Product Type: Global USB Cable Market is segmented as; Multifunctional USB Cable, USB Charger, USB Data Cable.

By Industry Vertical: Based on the Industry Vertical, Global USB Cable Market is segmented as; Commercial, Health Care, Industrial, IT & Telecom, and Motor Vehicle.

By Type: Based on the Type, Global USB Cable Market is segmented as; USB Type A, USB Type B, USB Type C.

By Functionality: Based on the Functionality, Global USB Cable Market is segmented as; USB 1.x, USB 2.0, USB 3.x, USB 4.

By Charging Power Delivery: Based on the Charging Power Delivery, Global USB Cable Market is segmented as; 0.5 to 15W, 15 to 27W, 27 to 45W, 45 to 100W, 100 to 240W.

By Application: Based on the Application, Global USB Cable Market is segmented as; Camcorder, Camera, Computer, Photographer, Printer, Smart Phones, TV.

By Region: The largest portion of this market is owned by North America. The rise in consumer electronics demand, the increased penetration of video in demand, video conferencing, gaming, and home security devices, as well as the rise in data centre numbers, are significant drivers influencing the growth of the USB cable market. However, the security risks USB presents limit industry expansion. On the other hand, throughout the projection period, profitable chances for USB cable are presented by prospective growth in the automotive industry and the introduction of USB type C.According to SPER Market Research, the Global USB Cable Market is estimated to reach USD 82.71 billion by 2032 with a CAGR of 20.58%.