USB Retimer Market By Type (USB 3.0, USB 3.1, USB 3.2, USB 4, Others), By Application (Servers, Storage Applications, Others) | Valuates Reports

USB Retimer Market

According to a new report published by , titled, "USB Retimer Market," The usb retimer market was valued at $270.96 million in 2021, and is estimated to reach $1.4 billion by 2031, growing at a CAGR of 17.9% from 2022 to 2031.

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The USB retimer market is segmented into type, application and region. On the basis of type, the market is divided into USB 3.0, USB 3.1, USB 3.2, USB 4, and others. The USB 3.2 segment was the highest revenue contributor to the market in 2021.

On the basis of application, it is divided into servers, storage applications, and others. The servers segment was the highest revenue contributor to the market in 2021.

Region-wise, the USB retimer market trends are analyzed across North America (the U.S. and Canada), Europe (UK, Germany, France, and rest of Europe), Asia-Pacific (China, Japan, India, and rest of Asia-Pacific) and LAMEA (Latin America, the Middle East, and Africa). North America, specifically the U.S., remains a significant participant in the global USB retimer market. Major organizations and government institutions in the country are intensely putting resources into the technology.

The USB retimer market share in the Asia-Pacific region is expected to grow at a rapid pace due to recent innovations and market demands. China and Japan are the leading countries in this region, owing to the extensive development of manufacturing units, government support, and increase in R&D. The economic boom in Asian countries, cheap labor, and incorporation of technology led to the growth of the electronics industry in this region. Moreover, the presence of key players also contributes to revenue generation. The availability of raw materials and equipment has also boosted the products sales. The bigger population in this region also plays an integral role as it creates market space for the growth of the USB retimer market share.

Several players in the market are using acquisition strategies to build their business portfolios and strengthen their market position. Partnerships and collaborations are among the common strategies adopted by companies. Key market players are making R&D investments to bring advanced technologies and solutions to the market.

Significant factors that impact the growth of the USB retimer industry positively include increase in demand for ethernet and bandwidth. Moreover, rise in the number of data centers to increase the application of retimers is expected to drive the growth of the market. Increase in integration of retimers in USB4 will also boost the products demand and offer potential growth opportunities for the USB retimer market growth. However, higher data rates might hamper the growth of the market.

By Type
• USB 3.0
• USB 3.1
• USB 3.2
• USB 4

By Application
• Servers
• Storage Applications

Key Players
Astera Labs Inc., Montage Technology, Texas Instruments Inc., Diodes Incorporated, Analogix Semiconductor, Microchip Technology Inc., Parade Technologies Ltd., Kandou Bus SA, NXP Semiconductors, Intel Corporation

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This release was published on openPR.