USB Type C Market By Application (Industrial Automation, Medical Devices, Accessories & Connectors, Automotive, PCs & Laptops, Smartphones & Tablets, Consumer Electronics & Wearables, Data Centers and Others) – Growth, Future Prospects and Competitive Analysis, 2019 - 2027

"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 2019 to 2027, starting from US$ 380.0 Mn in 2018. 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. 

Market Synopsis

USB Type C Market

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"Asia Pacific to Register the Fastest Growth"

In 2018, 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.

USB Type C Market

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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.

USB Type C Market

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Historical & Forecast Period

This research report presents the analysis of each segment from 2017 to 2027 considering 2018 as the base year for the research. Compounded Annual Growth Rate (CAGR) for each respective segments calculated for the forecast period from 2019 to 2027

Report Scope by Segments

The USB-C 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 global USB-C market based on application and geography. Key segments covered in the report are as follows: 

ATTRIBUTE DETAILS
Research Period  2017-2027
Base Year 2018
Forecast Period  2019-2027
Historical Year  2017
Unit  USD Million
Segmentation

 Application Segment (2017–2027; US$ Mn)
 • Industrial Automation
 • Medical Devices
 • Accessories & Connectors
 • Automotive
 • PCs & Laptops
 • Smartphones & Tablets
 • Consumer Electronics & Wearables
 • Data Centers
 • Others

 Geography Segment (2017–2027; US$ Mn)
 • North America (U.S., Rest of North America)
 • Europe (U.K., Germany, France, Rest of Europe)
 • Asia Pacific (China, Japan, India, Rest of Asia Pacific)
 • Rest of the World (Middle East & Africa, Latin America)

Key questions answered in this report

  • What was the market size of USB type C in 2018 and forecast up to 2027?
  • Which is the largest regional market for USB type C?
  • What are the major trends followed in overall USB type C across different regions?
  • Who are the key USB-C companies leading the market?
  • What are the key strategies adopted by the leading USB type C companies in market? 

Unique data points of this report

  • Statistics on smartphone unit shipment worldwide
  • Recent trends across different regions in terms of adoption of USB-C across various applications
  • Notable developments going on in USB industry
  • Attractive investment proposition for application segment as well as geography
  • Comparative scenario for all the segments for years 2018 (actual) and 2027 (forecast)
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Published Date:  May 2019
Category:  Semiconductor & Electronics
Report ID:   59693
Report Format:   PDF
Pages:   120
Rating:    4.2 (69)
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