Universal Serial Bus (USB) cable is one of the most common interfaces for connecting a variety of peripherals to host device for communication and power supply. USB interfaces are found on computers, laptops, peripheral devices, smartphones, cameras, flash memory sticks, and are simple and effective for providing connectivity and relatively small and local levels of data transfer. USB cable is widely used in the telecommunication sector including data centre as they offer sufficiently fast serial data transfer mechanism at low cost and provide improved power efficiency. USB cables are easy to use with a variety of connector types and size.
MARKET SCOPE
The "Global USB Cable Market Analysis to 2028" is a specialized and in-depth study of the electronics and semiconductors industry with a special focus on the global market trend analysis. The report aims to provide an overview of the USB cable market with detailed market segmentation by type, product type, industry vertical, and geography. The report provides key statistics on the market status of the leading USB cable market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on type, the global USB cable market is segmented into USB Type A, USB Type B, USB Type C
- On the basis of product type, the market is segmented into USB data cable, USB charger, multifunctional USB cable
- On the basis of industry vertical, the market is segmented into commercial, IT and telecommunication industrial, automotive, healthcare, others
MARKET DYNAMICS
Drivers:
- Surge in use of smart portable devices such as smartphones, digital cameras, and gaming consoles requiring data transfer between devices for communication is the major factor that drives the market growth.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The USB cable market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the USB cable market in these regions.
IMPACT OF COVID-19 ON USB CABLE MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the USB cable market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from USB cable market are anticipated to lucrative growth opportunities in the future with the rising demand in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the USB cable market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Tripp Lite
- Nikon Corp.
- Digilent Inc.
- Adafruit Industries
- Amphenol PCD
- Delphi Connection Systems
- Cinch Connectivity Solutions
- Omron Automation and Safety
- Assmann WSW Components,
- Belkin