The usb-c charging cable global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
USB-C Charging Cable Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size -
The usb-c
charging cable market size has grown rapidly in recent years. It will
grow from $2.97 billion in 2023 to $3.5 billion in 2024 at a compound
annual growth rate (CAGR) of 17.8%. The growth in the historic period
can be attributed to transition to usb-c standard, rising device
compatibility, increased data transfer speed, enhanced power delivery,
industry standardization.
The usb-c charging cable market size is expected to see rapid growth in the next few years. It will grow to $6.33 billion in 2028 at a compound annual growth rate (CAGR) of 16.0%. The growth in the forecast period can be attributed to continued device proliferation, e-commerce growth, increasing connectivity needs, rising consumer expectations, slimmer design and reversible connecto. Major trends in the forecast period include advancements in charging technologies, increased device adoption, fast charging technology, universal compatibility, durability and longevity.
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Scope Of USB-C Charging Cable Market
The Business Research Company's reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market's historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
USB-C Charging Cable Market Overview
Market Drivers -
The
rise in consumer electronics is expected to propel the growth of the
USB-C charging cable market going forward. Consumer electronics refer to
electronic devices and gadgets designed for everyday use by
individuals, primarily for entertainment, communication, and
productivity purposes. USB-C cables are used to charge and transfer data
between various consumer electronic devices that have a USB-C port,
including laptops, smartphones, tablets, and gaming consoles. For
instance, in May 2023, according to the Japan Electronics and
Information Technology Industries Association, a Japan-based trade
association, the total electronic equipment production in the country
amounted to $52,365,535 million. Furthermore, the production of consumer
electronics in May 2023 rose to $2,178,430 million, showcasing an
increase from $1,714,724 million reported in May 2022. Therefore, the
rise in consumer electronics is driving the growth of the USB-C charging
cable market.
Market Trends -
Major companies operating in the
USB-C charging cable market are increasing their focus on developing
innovative products, such as bio-based USB-C charging cables, to gain a
competitive edge in the market. Bio-based USB-C charging cables are a
new type of cable that is made with plant-based materials, such as corn
and sugarcane, instead of traditional petroleum-based plastics. For
instance, in September 2022, Anker Innovations Co Ltd., a China-based
manufacturer of electronics, launched Bio-based USB-C Charging Cables.
Anker's Bio-based USB-C Cables cater to various needs, offering two
sizes (3ft and 6ft) and compatibility with different devices through
USB-C to USB-C and USB-C to Lightning variants. Anker's Bio-based USB-C
cables support fast charging, ensuring devices get powered up quickly
and efficiently.
The usb-c charging cable market covered in this report is segmented –
1) By Port Type: USB 2.0, USB 3.0, USB 3.1, USB 3.2, Other Port
2) By Protocols: DisplayPort, HDMI, MHL, Thunderbolt
3) By Industries: Consumer Electronics, Automotive Media And Entertainment, Telecommunications, Healthcare
4)
By Application: Smartphones And Tablets, Personal Computers And
Laptops, Digital Cameras, Chargers And Adapters, Media Players, TV
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Regional Insights -
North
America was the largest region in the usb-c charging cable market in
2023. Asia-Pacific is expected to be the fastest-growing region in the
forecast period. The regions covered in the usb-c charging cable market
report are Asia-Pacific, Western Europe, Eastern Europe, North America,
South America, Middle East, Africa.
Key Companies -
Major
companies operating in the usb-c charging cable market report are Apple
Inc., Samsung Electronics Co., Ltd., Huawei Technologies Co. Ltd.,
Lenovo Group Limited, IKEA Systems B.V., Xiaomi Corporation, Luxshare
Precision Industry Co. Ltd., Richtek Technology Corporation, Texas
Instruments Incorporated, Koninklijke Philips N.V., STMicroelectronics,
Infineon Technologies AG, NXP Semiconductors N.V., Analog Devices Inc.,
ON Semiconductor, Microchip Technology Inc., ROHM Semiconductor, Anker
Innovations Limited, Diodes Incorporated, Hirose Electric Group, OnePlus
Technology (Shenzhen) Co., Ltd., Silicon Laboratories Inc., Belkin
International Inc., Aukey Technology Co. Ltd., Pisen Electronics Co.
Ltd., Analogix Semiconductor Inc., Ugreen Group Limited, Satechi
Corporation , AmazonBasics, PYS Enterpris
Table of Contents
1. Executive Summary
2. USB-C Charging Cable Market Report Structure
3. USB-C Charging Cable Market Trends And Strategies
4. USB-C Charging Cable Market – Macro Economic Scenario
5. USB-C Charging Cable Market Size And Growth
…..
27. USB-C Charging Cable Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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