USB Cable Market 2023 Future Trends and Forecast 2028 | Adafruit, MikroElektronika, Phoenix Contract

The USB Cables Market was valued at $12.73 billion in 2021, and it is anticipated that it will increase to $69.86 billion by 2031, with a CAGR of 20.25% between 2023 and 2028. High-speed communication and a "plug and play" interface between a computer and peripherals are provided via the Universal Serial Bus (USB). USB cables are used to connect electrical devices to computers, transport data, and deliver power. Keyboards, mice, printers, scanners, cameras, and other electronic devices are connected via it. Due to the serial and parallel connectors being replaced by USB ports, the market for USB cables is likewise expanding quickly. The forecasted expansion of the USB cable market is mostly driven by the spike in demand for consumer devices. Furthermore, the market for USB cables is growing quickly due to the increased penetration of gadgets for video conferencing, gaming, and home security. Additionally, the expansion of data centers presents a potential opportunity for the industry.

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The Key companies profiled in the USB Cable Market:
The study examines the USB Cable Market's competitive landscape and includes data on 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 & Others.

Global USB Cable Market Split by Product Type and Applications

This report segments the USB Cable Market on the basis of Types:
USB Data Cable
USB Chargers

On the basis of Application, the USB Cable Market is segmented into:
Computers
Cell Phones
Cameras
TVs
Others

Due to a significant impact on key participants in the supply chain, the COVID-19 outbreak will have a significant influence on the growth of the USB Cable market in 2021. However, one of the key reasons driving the market expansion during the COVID-19 pandemic was the increase in commercial and automotive spending internationally. Instead, the COVID-19 epidemic caused a number of challenges for the market, including a shortage of competent workers and delays or cancellations of projects owing to partial or total lockdowns, internationally. Additionally, the rise in data center construction and consumer electronics demand is boosting the worldwide market for USB cables post-COVID-19.

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In terms of geography, North America dominates the world market for USB cables. Due to the existence of large market participants and the greater rate of technological adoption in the area, the U.S. now retains the lion's share of the industry. Due to the widespread use of video on demand, video conferencing, gaming, and home security systems, Asia-Pacific is a crucial market for the adoption of USB cables. Obtaining raw materials is one of the top objectives for market participants, with time and transportation costs being the two key determinants.

Key Features Included in the Offering and Highlights of the USB Cable Market Reports:
1.Comprehensive overview of the USB Cable Market
2.Analysis of evolving business market dynamics
3.In-depth market segmentation based on type, application, etc.
4.Historical, present, and projected market size in terms of volume and value
5.Recent trends and advancements in the industry
6.Competitive landscape of the USB Cable Market
7.Key companies and their product strategies
8.Identification of potential niche segments/regions exhibiting promising growth.

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The spike in consumer electronics demand, the increased penetration of video in demand, video conferencing, gaming, and home security devices, as well as the growth in data centers, which is advantageous for market expansion, are some of the key drivers of the USB cable sector. In light of these elements, it is predicted that the USB cable industry would expand quickly in the next years. Security concerns with USBs, however, are a significant impediment to the market's expansion for USB cables. During the projection period, there are likely to be abundant chances for market expansion brought on by potential opportunities in the automotive industry and the introduction of USB Type C.

Major Point of Table of Contents:
Chapter 1 Industry Overview
Chapter 2 Global USB Cable Competition by Types, Applications, and Top Regions and Countries
Chapter 3 Production Market Analysis
Chapter 4 Global USB Cable Sales, Consumption, Export, Import by Regions (2017-2022)
Chapter 5 North America USB Cable Market Analysis
Chapter 6 East Asia USB Cable Market Analysis
Chapter 7 Europe USB Cable Market Analysis
Chapter 8 South Asia USB Cable Market Analysis
Chapter 9 Southeast Asia USB Cable Market Analysis
Chapter 10 Middle East USB Cable Market Analysis
Chapter 11 Africa USB Cable Market Analysis
Chapter 12 Oceania USB Cable Market Analysis
Chapter 13 South America USB Cable Market Analysis
Chapter 14 Company Profiles and Key Figures in USB Cable Business
Chapter 15 Global USB Cable Market Forecast (2023-2028)
Chapter 16 Conclusions
Research Methodology...

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