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USB Controllers Market By Type (Type A, Type B, Type C), By Application (Data Storage, Data Transfer, Others), By End User (Automotive, Consumer Electronics, Healthcare, Industrial, Others) - Growth, Future Prospects, And Competitive Analysis, 2019 - 2027

Technological Advancements to Ensure Rapid Growth in the USB Controller Market

Globally, the USB controller market is expected to grow at a CAGR of 15.5% during the forecast period from 2019 to 2027. USB controllers are devices that support communication between a computer and a USB device. These devices are largely adopted across the globe as the demand for external data storage devices and data transfer systems are increasing. The major factors fueling the growth of the USB controller market are technological advancements, increasing research and development investments to produce and launch new and innovative next-generation controllers, and increasing demand for flexible and easy-to-handle devices.

Furthermore, customers also look to adopt products that consume less power and can be operated easily without obstructions, which provides the key players with significant growth opportunities in the industry. These and many other factors are currently stimulating the growth of the USB controller market. However, a lack of technical knowledge, the high cost of modern devices, and a lack of support services in case of damage or technical issues are likely to hamper the growth of this market during the forecast period.

Type C USB controllers are likely to witness the fastest growth during the forecast perio

By type, the USB controller market is segmented into Type A, Type B, and Type C. Type A and Type B have been available in the industry for many years and have established a good market share in the global market. However, companies are now developing and launching Type C controllers, an advanced version of Type A and B. This segment is projected to witness a growth of around 40% during the forecast period. Its advanced features, such as problem-solving capability, high speed, easy connection, small size, and low power consumption, are primarily driving the attention of the customers and fueling the growth of this market segment. Companies such as Cypress, Microchip, Zhaoxin, and many others are launching Type C USB controllers and contributing to the high growth rate of this market segment.

North America Dominates the Market by Region

The USB controller market is led by North America due to the presence of various key players in the region. As North America is considered a technological hub, a large number of advanced products are developed and adopted in this region. In the North American market, the US holds the largest market share, followed by Canada and Mexico. However, the Asia-Pacific region is expected to be the fastest-growing market due to the increasing adoption of advanced technologies, the expansion of key players in this high-growth regional segment, and the rapidly growing information technology industry. Countries such as China and India offer lucrative growth opportunities to the key players operating in the global USB controller market.

Some of the prominent players operating in the USB Controller market include Cypress Semiconductor, Molex Woodhead, Microchip, ABB, Exar, Maxim, Texas Instruments, Eaton, Silicon Labs, Crouzet Automation, FTDI Chip, Diodes Inc., Panasonic Corporation, Omron Automation, and Fairchild Semiconductor, among others.

Historical and Forecast Period

This research report presents the analysis of each segment from 2017 to 2027, considering 2018 as the base year for the research. The compound annual growth rate (CAGR) for each respective segment is calculated for the forecast period from 2019 to 2027.

Report Scope by Segments

The USB Controller market report provides market size and estimates based on market dynamics and key trends observed in the industry. The report provides a holistic view of the global USB controller market based on type, application, end-user, and geography. Key segments covered in the report are as follows:

Key questions are answered in this report

  • What was the market size of USB controllers in 2018, and what is the forecast up to 2027?
  • Which is the largest regional market for automotive industry applications?
  • What are the major trends followed in the USB controller market across different regions?
  • Who are the key USB controller companies leading the market?
  • What are the key strategies adopted by the leading USB controller companies in the market?

Unique data points of this report

  • Statistics on USB controller penetration and spending worldwide
  • Recent trends across different regions in terms of the adoption of USB controllers for various vehicles
  • Notable developments are going on in the type C USB controller market.
  • Attractive investment propositions for segments as well as geography
  • Comparative scenario for all the segments for years 2018 (actual) and 2027 (forecast)

Frequently Asked Questions:

The market for USB Controllers Market is expected to reach US$ XX Bn by 2027

The USB Controllers Market is expected to see significant CAGR growth over the coming years, at 15.5%.

The report is forecasted from 2019-2027.

The base year of this report is 2018.

Cypress Semiconductor, Molex Woodhead, Microchip, ABB, Exar, Maxim, Texas Instruments, Eaton, Silicon Labs, Crouzet Automation, FTDI Chip, Diodes Inc., Panasonic Corporation, Omron Automation, and Fairchild Semiconductor are some of the major players in the global market.

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Godaddy
Published Date:  Jul 2019
Category:  Semiconductor & Electronics
Report ID:   59814
Report Format:   PDF
Pages:   120
Rating:    4.4 (58)
Delivery Time: 24 Hours to 48 Hours   
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