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The report covers a forecast and an analysis of the USB connectors market on a global and regional level. The study provides historical data from 2013 to 2018 and a forecast from 2019 to 2027 based on revenue (USD Million). The study includes drivers and restraints of the USB connectors market along with their impact on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the USB connectors market on a global level.
In order to give the users of this report a comprehensive view of the USB connectors market, we have included a competitive landscape and an analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.
The report provides company market share analysis to give a broader overview of the key market players. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the market on a global and regional basis.
The study provides a decisive view of the USB connectors market by segmenting it based on type, connector type, application, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2027. The regional segment includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
The most significant growth factor driving the USB connectors market is the easy to use, reliability, low cost, and low power consumption of USB connectors. USBs are multipurpose in nature and high in demand due to their cheap manufacturing cost. This, in turn, decreases the cost of components, connector, and cables. USB devices usually work on +5V and consume current in milliampere. During Suspend mode, the peripheral device consumes around 500 microamperes or less for USB 2.0 and 2.5 milliampere or less for USB 3.0. The single interface for multiple devices, auto-configuration, easy to expand, compact size is driving the demand for USB connectors, which will fuel the USB connectors market in the years ahead.
By type, the market is categorized into USB charger, USB dongle, and USB data cable. Based on connector type, the market is sectored into USB A, USB B, and USB C. On the basis of USB charger, the market is classified into power adapters and USB hubs. The application segment includes computer, camera, TV, cellphone, and others.
Key players operating in the USB connectors market are Shenzhen yilink Electronics, Tripp Lite, Shenzhen STC Cable Manufacturer, BizLink Group, Switchcraft, TE Connectivity, HDMI Licensing Administrator, Renhotec Group, Amphenol ICC, Molex, and Belkin International, among others.
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