The global USB cable market revenue was around US$ 15.3 billion in 2022 and is estimated to reach US$ 80.37 billion by 2031, growing at a compound annual growth rate (CAGR) of 20.24% during the forecast period from 2023 to 2031.
Universal serial bus (USB) is high-speed connectivity and a "plug and play" interface between a computer and peripherals. USB cables are utilised for data transfer and communication, and to provide power supply from computers to electronic devices. It is utilized to connect several electronic devices, such as a mouse, keyboards, scanners, printers, cameras, and others.
Market Driving Factors
Growing data usage and utilization of electronic gadgets drive the market growth. Government support for the production of smartphones is progressively rising. Smartphones imports raise the price of cell phones, preventing their widespread use. Many countries support domestic smartphone production by offering lucrative incentives. Additionally, a lot of good phones with a variety of features have benefited the market.
The introduction of technologically improved products drives the market growth. Leading market players employ the necessary techniques to surge performance and quality from desktops to critical infrastructure by connecting networking hardware, computers, and other electronic devices that serve as the foundation of the digital world. These chargers plug into regular AC outlets and contain USB-C ports for connecting device charging cables.
Changes in the cost of the raw materials hamper the market growth.
Regional Analysis
Asia Pacific dominates the market. This is because acceptance of smart devices in the region. Furthermore, the increase in manufacturing and technology facilities in the region. In addition, the initiatives from the government of India have empowered international companies to establish their manufacturing plants in India.
Segmentation Insights
Type Insight
The type A USB dominates the market. This is because of its broad applications in several peripherals such as networks, keyboards, and CPUs. It is utilised for connecting most devices, such as adaptors, printers, routers, and scanners directly through a cable.
Type C is the fastest-growing segment in the market. It is an ideal option for data transfers owing to its uniformity and higher transfer speed of up to 10GBits/s. Also, the type C cables are compatible with higher power transfer. Furthermore, the EU (European Union) has also mandated that Apple replace its chargers to reduce electronic waste worldwide.
Functionality Insight
The USB 2.0 dominates the market based on its functionality. The broader adoption of the USB 2.0 is the major reason for the segment's growth. In addition, it is extensively utilised in various electronic devices from smart TVs to desktop computers. USB 2.0 has been utilized for quite a long and comes as a standard in several electronic devices.
USB 3.0 is the fastest-growing segment in the market. This is because of its higher transfer speed. It is useful for backing up huge amounts of data. Furthermore, USB 3.0 has nine connector wires compared to USB 2.0, which has 4, which raises the speed to 5Gbits and the bandwidth.
Prominent Companies
Segmentation Outline
The global USB cable market segmentation focuses on Type, Functionality, Product Type, Application, Industry Vertical, Charging Power Delivery, and Region.
By Type
By Functionality
By Product Type
By Application
By Industry Vertical
By Charging Power Delivery
By Region
[TABLE OF CONTENTS]
1 INTRODUCTION OF GLOBAL USB CABLE MARKET
1.1 OVERVIEW OF THE MARKET
1.2 SCOPE OF REPORT
1.3 ASSUMPTIONS
2 EXECUTIVE SUMMARY: USB CABLE MARKET
3 RESEARCH METHODOLOGY
3.1 DATA MINING
3.2 VALIDATION
3.3 PRIMARY INTERVIEWS
3.4 LIST OF DATA SOURCES
3.5 ANALYST TOOLS AND MODELS
4 GLOBAL USB CABLE MARKET OUTLOOK
4.1 OVERVIEW
4.2 MARKET DYNAMICS
4.2.1 DRIVERS
4.2.2 RESTRAINTS
4.2.3 OPPORTUNITIES
4.3 PORTERS FIVE FORCE MODEL
4.4 VALUE CHAIN ANALYSIS
4.5 MARKET GROWTH AND OUTLOOK
4.5.1 PRICE TREND ANALYSIS
4.5.2 OPPORTUNITY SHARE
5 GLOBAL USB CABLE MARKET, BY TYPE
5.1 OVERVIEW
5.2 USB TYPE A
5.3 USB TYPE B
5.4 USB TYPE C
6 GLOBAL USB CABLE MARKET, BY FUNCTIONALITY
6.1 OVERVIEW
6.2 USB 1.X
6.3 USB 2.0
6.4 USB 3.X
6.5 USB 4
7 GLOBAL USB CABLE MARKET, BY PRODUCT TYPE
7.1 OVERVIEW
7.2 USB DATA CABLE
7.3 USB CHARGER
7.4 MULTIFUNCTIONAL USB CABLE
8 GLOBAL USB CABLE MARKET, BY APPLICATION
8.1 OVERVIEW
8.2 SMARTPHONE
8.3 CAMERA
8.4 CAMCORDER
8.5 PRINTER
8.6 SCANNER
8.7 COMPUTER
8.8 TV
8.9 OTHERS
9 GLOBAL USB CABLE MARKET, BY INDUSTRY VERTICAL
9.1 OVERVIEW
9.2 COMMERCIAL
9.3 IT AND TELECOMMUNICATION
9.4 INDUSTRIAL
9.5 AUTOMOTIVE
9.6 HEALTHCARE
9.7 OTHERS
10 GLOBAL USB CABLE MARKET, BY CHARGING POWER DELIVERY
10.1 OVERVIEW
10.2 0.5 TO 15W
10.3 15 TO 27W
10.4 27 TO 45W
10.5 45 TO 100W
10.6 100 TO 240W
11 GLOBAL USB CABLE MARKET, BY GEOGRAPHY
11.1 OVERVIEW
11.2 NORTH AMERICA
11.2.1 NORTH AMERICA MARKET SNAPSHOT
11.2.2 U.S.
11.2.3 CANADA
11.2.4 MEXICO
11.3 EUROPE
11.3.1 EUROPE MARKET SNAPSHOT
11.3.2 WESTERN EUROPE
11.3.2.1 THE UK
11.3.2.2 GERMANY
11.3.2.3 FRANCE
11.3.2.4 ITALY
11.3.2.5 SPAIN
11.3.2.6 REST OF WESTERN EUROPE
11.3.3 EASTERN EUROPE
11.3.3.1 POLAND
11.3.3.2 RUSSIA
11.3.3.3 REST OF EASTERN EUROPE
11.4 ASIA PACIFIC
11.4.1 ASIA PACIFIC MARKET SNAPSHOT
11.4.2 CHINA
11.4.3 JAPAN
11.4.4 INDIA
11.4.5 AUSTRALIA & NEW ZEALAND
11.4.6 ASEAN
11.4.7 REST OF ASIA PACIFIC
11.5 MIDDLE EAST & AFRICA
11.5.1 MIDDLE EAST & AFRICA MARKET SNAPSHOT
11.5.2 UAE
11.5.3 SAUDI ARABIA
11.5.4 SOUTH AFRICA
11.5.5 REST OF MEA
11.6 SOUTH AMERICA
11.6.1 SOUTH AMERICA MARKET SNAPSHOT
11.6.2 BRAZIL
11.6.3 ARGENTINA
11.6.4 REST OF SOUTH AMERICA
12 GLOBAL USB CABLE MARKET COMPETITIVE LANDSCAPE
12.1 OVERVIEW
12.2 COMPANY MARKET RANKING
12.3 KEY DEVELOPMENT STRATEGIES
12.4 COMPETITIVE DASHBOARD
12.5 PRODUCT MAPPING
12.6 TOP PLAYER POSITIONING, 2022
12.7 COMPETITIVE HEATMAP
12.8 TOP WINNING STRATEGIES
13 COMPANY PROFILES
13.1 LUXSHARE PRECISION INDUSTRY CO., LTD
13.1.1 OVERVIEW
13.1.2 FINANCIAL PERFORMANCE
13.1.3 PRODUCT OUTLOOK
13.1.4 KEY DEVELOPMENTS
13.1.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
13.2 SAMSUNG ELECTRONICS CO LTD
13.2.1 OVERVIEW
13.2.2 FINANCIAL PERFORMANCE
13.2.3 PRODUCT OUTLOOK
13.2.4 KEY DEVELOPMENTS
13.2.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
13.3 BOSE CORPORATION
13.3.1 OVERVIEW
13.3.2 FINANCIAL PERFORMANCE
13.3.3 PRODUCT OUTLOOK
13.3.4 KEY DEVELOPMENTS
13.3.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
13.4 ANKER INNOVATIONS TECHNOLOGY CO LTD
13.4.1 OVERVIEW
13.4.2 FINANCIAL PERFORMANCE
13.4.3 PRODUCT OUTLOOK
13.4.4 KEY DEVELOPMENTS
13.4.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
13.5 EATON CORPORATION PLC
13.5.1 OVERVIEW
13.5.2 FINANCIAL PERFORMANCE
13.5.3 PRODUCT OUTLOOK
13.5.4 KEY DEVELOPMENTS
13.5.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
13.6 ADVANCED MICRO DEVICES INC
13.6.1 OVERVIEW
13.6.2 FINANCIAL PERFORMANCE
13.6.3 PRODUCT OUTLOOK
13.6.4 KEY DEVELOPMENTS
13.6.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
13.7 FIT HON TENG LIMITED
13.7.1 OVERVIEW
13.7.2 FINANCIAL PERFORMANCE
13.7.3 PRODUCT OUTLOOK
13.7.4 KEY DEVELOPMENTS
13.7.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
13.8. FUTURE TECHNOLOGY DEVICES INTERNATIONAL LTD
13.8.1 OVERVIEW
13.8.2 FINANCIAL PERFORMANCE
13.8.3 PRODUCT OUTLOOK
13.8.4 KEY DEVELOPMENTS
13.8.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
13.9 PANASONIC CORPORATION
13.9.1 OVERVIEW
13.9.2 FINANCIAL PERFORMANCE
13.9.3 PRODUCT OUTLOOK
13.9.4 KEY DEVELOPMENTS
13.9.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
13.10 NIKON CORPORATION
13.10.1 OVERVIEW
13.10.2 FINANCIAL PERFORMANCE
13.10.3 PRODUCT OUTLOOK
13.10.4 KEY DEVELOPMENTS
13.10.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
13.11 INMUSIC LLC
13.11.1 OVERVIEW
13.11.2 FINANCIAL PERFORMANCE
13.11.3 PRODUCT OUTLOOK
13.11.4 KEY DEVELOPMENTS
13.11.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
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