The USB Type-C market refers to the market for devices and accessories that use the USB Type-C connector, which is a new universal standard for USB connectivity. USB Type-C is designed to replace the current array of different USB connectors with a single, reversible connector that can be used for both data transfer and charging.
The USB Type-C market is growing rapidly as more and more devices adopt this new standard. This includes smartphones, laptops, tablets, and other devices that require connectivity and charging. In addition to its reversible design, USB Type-C also supports faster data transfer speeds and higher power delivery compared to previous USB standards.
Leading players in the USB Type-C market include major tech companies such as Apple, Samsung, and Google, as well as accessory manufacturers such as Belkin and Anker. The market is expected to continue to grow as more devices adopt USB Type-C and as consumers continue to demand the convenience and improved performance offered by this new standard.
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The market for USB Type-C is expected to reach US$ 127.2 Billion by 2030, growing at an astonishing CAGR of 29.7% from its current worth of US$ 15.9 Billion in 2022.
On the back of standardised trends in consumer electronics charging devices, applications for USB power converters and USB wall chargers are predicted to increase more quickly. 37% of the market for USB devices worldwide are USB Type-C devices.
Competitive Landscape
USB Type-C product manufacturers are focusing on investments in product development in terms of energy efficiency and faster charging for portable devices.
Market players are also pushing for capacity and geographic expansions to keep up with the trends of standardization, and the massive demand for related devices.
Key Companies Profiled
- Anixter International
- STMicroelectronics
- NXP Semiconductors
- Texas Instruments
- Belkin International Inc.
- Microchip Technology Inc.
- Silicon Laboratories
- ON Semiconductor
- Hirose Electric Group
- Analogix Semiconductor Inc.
- Analog Devices Inc.
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USB Type-C Industry Survey
USB Type-C Market by Protocol:
- DisplayPort
- HDMI
- MHL
- Thunderbolt
- USB Audio over USB Type-C
USB Type-C Market by Application:
- Smartphones & Tablets
- Personal Computers & Laptops
- Digital Cameras
- TVs
- Chargers & Adapters
- Media Players
- Others
USB Type-C Market by Industry:
- Consumer Electronics
- Automotive
- Media & Entertainment
- Telecommunications
- Healthcare
- Others
USB Type-C Market by Region:
- North America USB Type-C Market
- Latin America USB Type-C Market
- Europe USB Type-C Market
- East Asia USB Type-C Market
- South Asia & Pacific USB Type-C Market
- Middle East & Africa (MEA) USB Type-C Market
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Table of Content
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand Side Trends
1.3. Supply Side Trends
1.4. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Key Market Trends
3.1. Key Trends Impacting the Market
3.2. Innovation / Development Trends
3.3. Key Success Factors
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