The report “Europe USB Type C market” evaluates the market according to country, protocol, end users, and application. The report includes trend analysis and historical market data. This report includes market share analysis, sales by top players, competition overview, and strategic imperatives. It also provides an overview of the annual revenue figures, growth avenues, production overview, and competition assessment for target players.
Market Overview & Dynamics: The penetration of USB Type C will rise in the Forecast Period
Europe’s USB Type-C market will grow at around 20% CAGR over the 2022-2028 forecast period. Multiple lucrative opportunities are being created by the deployment of new power supply technology and USB Type C connector technologies.
Europe’s USB Type-C market will experience strong growth over the next six years. This is largely due to technological advances and government mandates. Some Macbooks are now equipped with a USB Type C port, which will help boost the market’s growth.
Germany has a large market share in EU markets. The country’s market growth is due to the increasing sales of consumer electronics and the supportive regulations by the government that require USB Type-C use in smartphones, other devices, such as tablets, laptops, mouse, headsets, handheld consoles for video games, and portable speakers.
Key Segmentation
- HDMI protocols are growing in popularity based on protocol. This is due to the prominent display manufacturers and low-cost high-definition media applications of HDMI.
- According to end users, the telecommunications and automotive sectors are significantly affected by the growing adoption and use of portable electronics and the ability for them to charge their devices in their cars.
- Based on region, Western Europe will dominate the region’s USB Type-C market. Although the EU stated that most consumer electronics will use USB Type C ports for charging, the UK is not following their lead and demands that smartphone manufacturers like Apple include a common charging cable.Competition Analysis
The Europe USB Type-C market is set to observe intense competition as a result of the presence of a prominent number of established players in the global market. Product innovations, launches, and partnerships are the identified industry trend in the Europe USB Type-C market. Significant consolidation is expected in the global market during the assessed period 2022-2028.
- In June 2022, European Union mandated the use of USB Type-C for all wired charging systems in electronic devices by 2024. The new rules mean that consumers will only need to use a common USB Type-C cable for small and medium-sized electronic devices.
- In April 2020, Parade Technologies acquired Fresco Logic to expand its high-speed USB Type C connectivity portfolio.
Some of the prominent players operating in the Europe USB Type-C market include Apple Inc., Texas Instruments, Diodes Incorporated, Silicon Laboratories, Richtek Technology Corporation, Belkin International, Inc, Microchip Technology Inc, NXP Semiconductor Corporation, Infineon Technologies AG, Analogix Semiconductor Inc., and Hirose Electric Group among others.
RationalStat has segmented the Europe USB Type-C market on the basis of, application, protocol, end user, and region.
- By Application
- Smartphones & Tablets
- Personal Computers & Laptops
- Digital Cameras
- Printers & Scanners
- TVs
- Others (Automobiles, Chargers & Adapters etc.)
- By Protocol
- DisplayPort
- HDMI
- MHL
- Thunderbolt
- USB Audio over USB Type-C
- By End User
- Consumer Electronics
- Media & Entertainment
- IT & Telecommunications
- Healthcare
- Others (Automotive etc.)
- By Region
- Western Europe
- Germany
- UK
- France
- Spain
- Italy
- Austria
- Benelux
- Nordic
- Rest of Western Europe
- Eastern Europe
- Russia
- Poland
- Hungary
- Ukraine
- Rest of Eastern Europe
- Western Europe
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