Product Code: 138704-08-22
USB Type C Set to Gradually Replace the Previous USB Types
The USB type C market worldwide is expected to grow with a CAGR of 25.7% during the forecast period from 2021 to 2029, starting from US$ 575.3 Mn in 2020. USB Type-C connectors are designed to help manufacturers provide a sleek & slim design for mobile devices and enable robust enough connections for industrial applications. These connectors have reversible interface and can accept a plug from any direction. This offers easy and reliable connection to electronic appliances and devices. USB-C supports wide range of different protocols and is rearward compatible to HDMI, DisplayPort, VGA and various others with the help of adapters. The market growth is highly driven by superior performance features of USB-C over conventional USB types. USB-C are highly convenient to use, offer faster charging & data transfer and compatible with wide range of devices and protocols. Subsequently, USB-C is expected to soon replace the existing USB types, thereby propelling rapid market growth.
Asia Pacific to Register the Fastest Growth
In 2020, Asia Pacific led the USB-C market worldwide with more than 1/3rd of the global market revenue. Majority of the Asian companies have embraced USB-C standard in their premium as well as mid-range phones. Since Asia Pacific is the largest market for smartphones, USB-C has witnessed substantial penetration in smartphones sector in the region. Considering the consistently growing smartphones & tablets industry in Asia Pacific, the region would retain its dominant position in the market, exhibiting highest CAGR through the forecast period.
Some of the prominent players operating in the USB type C market include: TE Connectivity Ltd., Belkin International, Inc., ON Semiconductor Corporation, Diodes, Inc., STMicroelectronics NV, Texas Instruments, Inc., Analog Devices, Inc., NXP Semiconductors N.V., Infineon Technologies AG and Microchip Technology, Inc. among others.
Historical & Forecast Period
This study report represents analysis of each segment from 2020 to 2030 considering 2021 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2022 to 2030.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of USB Type C market are as follows:
- Research and development budgets of manufacturers and government spending
- Revenues of key companies in the market segment
- Number of end users and consumption volume, price and value.
Geographical revenues generate by countries considered in the report:
Micro and macro environment factors that are currently influencing the USB Type C market and their expected impact during the forecast period.
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
Market Segmentation
Application
- Industrial Automation
- Medical Devices
- Accessories & Connectors
- Automotive
- PCs & Laptops
- Smartphones & Tablets
- Consumer Electronics & Wearables
- Data Centers
- Others
Region Segment (2020-2030; US$ Million)
- North America
- U.S.
- Canada
- Rest of North America
- UK and European Union
- UK
- Germany
- Spain
- Italy
- France
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East and Africa
- GCC
- Africa
- Rest of Middle East and Africa
Global Impact of COVID-19 Segment (2020-2021; US$ Million )
- Pre COVID-19 situation
- Post COVID-19 situation
Key questions answered in this report:
- What are the key micro and macro environmental factors that are impacting the growth of USB Type C market?
- What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
- Estimated forecast and market projections up to 2030.
- Which segment accounts for the fastest CAGR during the forecast period?
- Which market segment holds a larger market share and why?
- Are low and middle-income economies investing in the USB Type C market?
- Which is the largest regional market for USB Type C market?
- What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
- Which are the key trends driving USB Type C market growth?
- Who are the key competitors and what are their key strategies to enhance their market presence in the USB Type C market worldwide?
Table of Contents
1. Preface
- 1.1. Report Description
- 1.1.1. Purpose of the Report
- 1.1.2. Target Audience
- 1.1.3. Key Offerings
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.3.1. Phase I - Secondary Research
- 1.3.2. Phase II - Primary Research
- 1.3.3. Phase III - Expert Panel Review
- 1.3.4. Assumptions
- 1.3.5. Approach Adopted
2. Executive Summary
- 2.1. Market Snapshot: Global USB Type C Market
- 2.2. Global USB Type C Market, By Application, 2021 (US$ Million)
- 2.3. Global USB Type C Market, By Geography, 2021 (US$ Million)
- 2.4. Impact of Covid 19
- 2.5. Attractive Investment Proposition by Geography, 2021
- 2.6. Competitive Analysis
- 2.6.1. Market Positioning of Key USB Type C Market Vendors
- 2.6.2. Strategies Adopted by USB Type C Market Vendors
- 2.6.3. Key Industry Strategies
3. USB Type C Market: Business Outlook & Market Dynamics
- 3.1. Introduction
- 3.2. Global USB Type C Market Value, 2020 - 2030, (US$ Million)
- 3.3. Market Dynamics
- 3.3.1. Market Drivers
- 3.3.2. Market Restraints
- 3.3.3. Key Challenges
- 3.3.4. Key Opportunities
- 3.4. Impact Analysis of Drivers and Restraints
- 3.5. See-Saw Analysis
- 3.6. Porter's Five Force Model
- 3.6.1. Supplier Power
- 3.6.2. Buyer Power
- 3.6.3. Threat Of Substitutes
- 3.6.4. Threat Of New Entrants
- 3.6.5. Competitive Rivalry
- 3.7. PESTEL Analysis
- 3.7.1. Political Landscape
- 3.7.2. Economic Landscape
- 3.7.3. Technology Landscape
- 3.7.4. Legal Landscape
- 3.7.5. Social Landscape
4. USB Type C Market: By Application, 2020-2030, USD (Million)
- 4.1. Market Overview
- 4.2. Growth & Revenue Analysis: 2021 Versus 2030
- 4.3. Market Segmentation
- 4.3.1. Industrial Automation
- 4.3.2. Medical Devices
- 4.3.3. Accessories & Connectors
- 4.3.4. Automotive
- 4.3.5. PCs & Laptops
- 4.3.6. Smartphones & Tablets
- 4.3.7. Consumer Electronics & Wearables
- 4.3.8. Data Centers
- 4.3.9. Others
5. North America USB Type C Market, 2020-2030, USD (Million)
- 5.1. Market Overview
- 5.2. USB Type C Market: By Application, 2020-2030, USD (Million)
- 5.3.USB Type C Market: By Region, 2020-2030, USD (Million)
- 5.3.1.North America
- 5.3.1.1. U.S.
- 5.3.1.2. Canada
- 5.3.1.3. Rest of North America
6. UK and European Union USB Type C Market, 2020-2030, USD (Million)
- 6.1. Market Overview
- 6.2. USB Type C Market: By Application, 2020-2030, USD (Million)
- 6.3.USB Type C Market: By Region, 2020-2030, USD (Million)
- 6.3.1.UK and European Union
- 6.3.1.1. UK
- 6.3.1.2. Germany
- 6.3.1.3. Spain
- 6.3.1.4. Italy
- 6.3.1.5. France
- 6.3.1.6. Rest of Europe
7. Asia Pacific USB Type C Market, 2020-2030, USD (Million)
- 7.1. Market Overview
- 7.2. USB Type C Market: By Application, 2020-2030, USD (Million)
- 7.3.USB Type C Market: By Region, 2020-2030, USD (Million)
- 7.3.1.Asia Pacific
- 7.3.1.1. China
- 7.3.1.2. Japan
- 7.3.1.3. India
- 7.3.1.4. Australia
- 7.3.1.5. South Korea
- 7.3.1.6. Rest of Asia Pacific
8. Latin America USB Type C Market, 2020-2030, USD (Million)
- 8.1. Market Overview
- 8.2. USB Type C Market: By Application, 2020-2030, USD (Million)
- 8.3.USB Type C Market: By Region, 2020-2030, USD (Million)
- 8.3.1.Latin America
- 8.3.1.1. Brazil
- 8.3.1.2. Mexico
- 8.3.1.3. Rest of Latin America
9. Middle East and Africa USB Type C Market, 2020-2030, USD (Million)
- 9.1. Market Overview
- 9.2. USB Type C Market: By Application, 2020-2030, USD (Million)
- 9.3.USB Type C Market: By Region, 2020-2030, USD (Million)
- 9.3.1.Middle East and Africa
- 9.3.1.1. GCC
- 9.3.1.2. Africa
- 9.3.1.3. Rest of Middle East and Africa
10. Company Profile
- 10.1. Analog Devices, Inc.
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Portfolio
- 10.1.4. Strategic Initiatives
- 10.2. Belkin International, Inc.
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Portfolio
- 10.2.4. Strategic Initiatives
- 10.3. Diodes, Inc.
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Portfolio
- 10.3.4. Strategic Initiatives
- 10.4. Infineon Technologies AG
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Portfolio
- 10.4.4. Strategic Initiatives
- 10.5. Microchip Technology, Inc.
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Portfolio
- 10.5.4. Strategic Initiatives
- 10.6. NXP Semiconductors N.V.
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Portfolio
- 10.6.4. Strategic Initiatives
- 10.7. ON Semiconductor Corporation
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Portfolio
- 10.7.4. Strategic Initiatives
- 10.8. STMicroelectronics NV
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Portfolio
- 10.8.4. Strategic Initiatives
- 10.9. TE Connectivity Ltd.
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Portfolio
- 10.9.4. Strategic Initiatives
- 10.10. Texas Instruments, Inc.
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Portfolio
- 10.10.4. Strategic Initiatives