The USB-C Charging Cable Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s USB-C Charging Cable Global Market Report 2024, 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.
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.
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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
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 report table of contents includes:
- Executive Summary
- USB-C Charging Cable Market Characteristics
- USB-C Charging Cable Market Trends And Strategies
- USB-C Charging Cable Market - Macro Economic Scenario
- Global USB-C Charging Cable Market Size and Growth
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- Global USB-C Charging Cable Market Competitive Benchmarking
- Global USB-C Charging Cable Market Competitive Dashboard
- Key Mergers And Acquisitions In USB-C Charging Cable Market
- USB-C Charging Cable Market Future Outlook and Potential Analysis
- Appendix
Top Major Players :
- Apple Inc.
- Samsung Electronics Co.
- Huawei Technologies Co. Ltd.
- Lenovo Group Limited
- IKEA Systems B.V.
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Magnetic Charging Cable Market report published by Value Market Research, which studies the future outlook of the market.
It includes the size, share, growth, trends, key players, segments and regional analysis in detail during the study year 2020-2027.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the magnetic charging cable market include TekDeals, TOPK, VOLTA Charging, Apple, Inc., HOCO Technology (HK) Co. Ltd., Voltreton, Kanex Company, MegaBoltand.
This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Magnetic Charging Cable Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/magnetic-charging-cable-market/download-sampleMarket DynamicsRising penetration of rechargeable devices like smartphones, tablets, earphones, headphones, smartwatches, and superior properties of magnetic charging cable over other outdated and conventional chargers drive the global magnetic charging cable market.
Magnetic charging cable’s features like outstanding durability, fast charging, flexibility, ease of use, and data transfer between phone and laptop have attracted consumers and resulted in its comprehensive purchase.
Meanwhile, the availability of counterfeit products at low prices is hindering the global mobile phone charger market.The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis.
The global USB Cable Market research report, published by Value Market Research, is designed to offer various market framework such as market size, portion, trends, growth path, value and factors that impact the current market dynamics over the forecast period 2020-2027.
Most importantly, this report also provides the latest significant strategies adopted by major players along with their market share.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the usb cable market include Adafruit Industries, Cinch Connectivity Solutions AIM-Cambridge, Delphi Connection Systems/Specialty Electronic, MikroElektronika, Amphenol PCD, Bulgin, Assmann WSW Components, Cicoil, Tripp Lite, FCI, GC Electronics, Molex, Omron Automation and Safety, Harting, 3M, Hirose Electric, Parallax, Samtec, Switchcraft, TE Connectivity, Tensility International Corp, Wurth Electronics, SparkFun Electronics, Norcomp, Qualtek Red Lion Controls, FTDI, Futrure Technology Devices International, Molex Connector Corporation, EDAC, Phoenix Contact.
This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global USB Cable Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/usb-cable-market/download-sampleMarket DynamicsThe surge in consumer electronics demand is the primary factor driving the USB cable industry's growth.
Other factors like better power efficiency and power supply compatibility are also predicted to drive the global universal serial bus (USB) cable market in the coming years.
Internal alternatives, like the Type C USB cable, have supplanted old USB cables.
