USB Type-C Sector: Growth Drivers and Challenges
Growth Drivers
- Growing Demand for USB Type-C Devices – The USB Type-C devices demand is seen to have risen owing to its wide variety of applications in various end-user industries such as robotics, automotive, aerospace, wireless, computing, and consumer electronics. In 2021, globally 11 million units of USB Type-C devices were sold.
- Upsurge in Research & Development - High R&D expenditures and quick advancements in these products' voltage adjustment and temperature protection are anticipated to greatly increase demand for USB type-C and accelerate the expansion of the market. USB Type-C can now be used in aircraft, automotive sectors, smartphones, and tablet devices.
- Technological Advancement in Automotive Infotainment System – Among the end-user industries USB Type-C is expected to gain high sale opportunities in the automotive industry. Recent technological development in the automotive infotainment system is the reason behind the growth of the USB Type-C market in the upcoming years. The technological advancement in automotive infotainment systems has raised the demand of the market by 7% in 2019.
- High Efficiency in Transferring Data – High efficiency and fast transfer of data is one of the significant factors driving the growth of this market. As per the sources, an USB Type-C can solely transfer data at 10Gbps.
Challenges
- USB Type-C port is not available on all Electronic Devices – This port is limited in Apple devices; they are found in very less Apple devices such as MacBooks. This has become a challenge for the market and restricts it to grow in the future.
- Issue with Voltage
- Limited Power Supply in Aircraft
USB Type-C Market: Key Insights
|
Base Year |
2024 |
|
Forecast Year |
2025-2037 |
|
CAGR |
24.6% |
|
Base Year Market Size (2024) |
USD 4.66 billion |
|
Forecast Year Market Size (2037) |
USD 81.31 billion |
|
Regional Scope |
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Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2025, the industry size of USB type-c is assessed at USD 6.67 billion.
The USB type-c market size was valued at USD 4.66 billion in 2024 and is expected to reach USD 81.31 billion by 2037, registering around 24.6% CAGR during the forecast period i.e., between 2025-2037. The growing demand for USB Type-C devices will drive the market growth.
Asia Pacific industry is anticipated to hold largest revenue share by 2037, as China has one of the biggest consumer electronic markets in the world.
The major players in the market 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
