Global USB Type-C Market - Size, Scope, Forecast to - 2028

Japan, Japan, Tue, 04 Jan 2022 01:46:07 / Comserve Inc. / -- Global USB Type-C Market USB Type-C is a 24-pin USB connector system with a rotationally symmetrical connector. Also known as USB-C, these connectors can be used to transfer data, power, and even video and audio.

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Global USB Type-C Market USB Type-C is a 24-pin USB connector system with a rotationally symmetrical connector. Also known as USB-C, these connectors can be used to transfer data, power, and even video and audio. USB-C cables are also used to transfer power and they're commonly used to charge portable devices, such as smartphones, laptops, and even security cameras. The global USB Type-C market for airline industry is anticipated to grow with a CAGR of 12.2% over the forecast period, i.e., 2020-2028.

Factors such as the rise in the number of passengers travelling worldwide, followed by the increasing number of aircrafts to transport the rising passenger traffic, and the increasing advancements in communications technology are expected to create numerous opportunities for market growth. Moreover, factors such as the increasing adoption of USB Type-C sockets by airline operators for their aircrafts, and the rise in demand for USB Type-C devices are further projected to drive the market growth during the forecast period. The market, which attained a revenue of around USD 10,400.0 thousand in 2019, is further estimated to garner close to USD 17060 thousand by the end of 2028.

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The global USB Type-C market for airline industry is segmented by numerous segments, which include segmentation by port type, aircraft type, application and by region. Based on port type, the market is segmented into USB 2.0, 3.0, 3.1, 3.2, and others. Amongst these segments, the USB 2.0 segment is expected to hold the largest market share throughout the forecast period and further gain a revenue of over USD 11200 thousand by the end of 2028. Factors such as the availability of numerous portable devices that have USB 2.0 connectivity, is one of the major factors anticipated to drive the growth of the segment during the forecast period.

On the basis of geographical analysis, the global USB Type-C market for airline industry is segmented into five major regions comprising of North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa. Amongst these, the market in North America is expected to hold the second leading stance by registering a revenue of USD 5240 thousand approximately by the end of 2028, backed by the rising number of consumer electronic brands, such as Philips, Panasonic, Samsung, and others, who are switching to USB Type-C connectivity in the electronic devices.

Some of the leading players in the global USB Type-C market for airline industry that are mentioned in our report are Astronics Corporation, AAR Corp., Mid-Continent Instrument Co., Inc. (True Blue Power), Imagik Corporation, Appareo Systems, LLC, Burrana, IFPL Group Limited, Inflight Canada, Kid-Systeme GmbH, Eirtech Aviation Services, and others.

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The Final Report will cover the impact analysis of COVID-19 on this industry: Global USB Type-C Market - Size, Scope, Forecast to - 2028

Global USB Type-C Market for Airline Industry TOC

1. Market Definition
1.1 Market Definition
1.2 Market Segmentation
1.3 Assumptions
2. Research Methodology
2.1 Research objective
2.2 Research process
2.3 Market size methodology
3. Executive Summary- Global USB Type-C Market for Airline Industry
4. Analysis of Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
4.4 Trends

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