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Market Overview:

The global automotive USB-C market is estimated to grow during the forecast period. The Market is expected to generate significant revenue and grow at a CAGR of 31.94% from 2023 to 2035. Market is expected to generate absolute $ opportunity of nearly ~ USD XX million over the forecast period.

USB-C, also known as USB Type C, is the latest connector developed by the USB Implementers ’Forum (USB-IF) - a group of leading electronics companies such as Apple, Intel, Dell and Belkin. Since many of the world's best known manufacturers support this new technology, it is already being used everywhere. The growth of the market is attributed to the rising technological development. Recently launched smarts phone are compatible for USB-C types of cable 

In addition to this, advancements in automobile equipped with additional devices coupled with consumer preference are the factors expected to substantially contribute to the market growth. 

Segmentation Attractiveness Evaluation:

The market is segregated by application into head units, rear seat entertainment, rear seat chargers, laptops, smartphones., and the smartphone segment is expected to hold the largest share in the global USB-C automotive market. Smartphone is accounted for nearly USD XX million $ opportunity value over the forecast period 2023-2035. 

This can be linked to the growing trend of USB-C cables in tablets and smartphones as the development of thinner phones becomes more and more important. Furthermore, a sizable portion of the market is anticipated to be accounted by the rear seat entertainment category during the course of the projected year. This is because top producers of display components have stepped up their efforts to create image-driven car applications. 

Additionally, by distribution channel offline and online both appears to offer equal opportunities in the market. Distribution has mixed opportunities depending of accessibility and consumer buying behaviour patterns.

Feature Insights:

Report investigated key feature analysis mapping across various aspects: 

  • Splash proof protection: New USB Type-C splash proof brings new functionality to the market
  • Greater flexibility
  • Enhanced design
  • Backward compatibility

 Market Trends

Transition from multiple USB and HDMI connector types to a single USB Type-C connector

Future Strategic Gain

  • USB-C will gradually likely to replace the previous USB types, i.e. USB-A, USB-B and USB Mini-B. Transition to USB Type-C connectors is underway 
  • Expected by 2025 84% of all USB types will be USB Type-C

Market Segmentation: 

Our in-depth analysis of the Global Automotive USB-C Market includes the following segments:

Global automotive USB-C Market
Base Year:2022Forecast Period:2024-2035
Historical Data:2022Market Size in 2023:USD XX Million
Forecast Period 2024-35 CAGR:31.94%Market Size in 2035:USD XX Million
Segments Covered:By Application

 

  • Head Units
  • Rear-Seat Entertainment
  • Rear-Seat Chargers
  • Laptops
  • Smartphones
  • Others
By Distribution Channel
  • Online
  • Offline
By Region
  • North America (U.S., Canada)
  • Europe (United Kingdom, Germany, France, Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, South Korea, Rest of APAC)
  • Middle East & Africa (Saudi Arabia, Israel, UAE, South Africa, Rest of MEA)
  • South America (Brazil, Mexico, Argentina, Rest of South America)
Key Market Drivers:
  • Growing Technological Developments in Automotive Infotainment Systems
  • Rising Number of Shipments of Type-C USB Worldwide
  • Device compatibility factors
Key Market Restraints:
  • Strict Regulations Associated with E-Waste in Developing Nations
  • Product recall
Key Trends:
  • Government initiatives for embracing electric vehicles
Companies Covered in the Report:
  • Microchip Technology Inc.
  • Infineon Technologies AG
  • Texas Instruments Incorporated
  • Parade Technologies, Ltd.
  • Monolithic Power Systems, Inc. 
  • TE Connectivity
  • STMicroelectronics
  • Fujitsu Technology Solutions GmbH
  • Anixter International
  • Belkin International Inc.
  • Diodes Incorporated
  • Analogix Semiconductor Inc.
  • Texas Instruments Incorporated
  • Analog Devices Inc.
  • Richtek Technology Corporation
  • Hirose Electric Group
  • Semiconductor Components Industries, LLC
  • Renesas Electronics Corporation
  • Molex
  • Injoinic Corp.
  • Other Major Players

Recent Developments in the Market:

  • November 2018- Richtek, the global leader in analog IC design, launched RTQ7880, which is a USB type-C power delivery car charging solution for the new generation 100 watts high power car chargers.

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