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Global Automotive USB Power Delivery System Market is predicted to grow at more than 15.71% by 2027 :

Pune, India, April, 2019 /MRFR Press Release/- Market Research Future published a half-cooked research report on global automotive USB power delivery system market. The automotive USB power delivery system market is expected to expand at 15.71% CAGR during the period 2018 to 2023.


Market Highlights


USB technology provides a single cable solution for data transfer, power, audio, and video applications. The assembly of combination and type C USB devices comprises a cable and connector combination, which provides faster data transfer speed and supports varied interface specifications through several alternate modes, such as wired audio-video interface and wired-data interface. Type C USB systems are used in phones, wireless devices, laptops, and tablets. There has been a gradual increase in their applications in passenger and commercial vehicles. Furthermore, USB devices offer a power delivery up to 100 watts.


On the basis of type, the market is divided into combination and type C. The combination segment is estimated to dominate the market during the forecast period. Combination USBs have different automotive applications, such as charging, playing music, data transfer, and storage in head units. These types of USBs are cheaper and can be integrated into any automotive electronic device. The Type A USB power delivery system helps drivers and passengers connect their mobiles, laptops, and tablets to their automobiles and increase the speed of charging, without facing any compatibility issues. The increase in infotainment applications in vehicles is expected to increase the demand for type A and other USB power delivery system types in global automotive USB power delivery system market during the forecast period.


On the basis of distribution, the global automotive USB power delivery system market is divided into online and offline. Online segment is currently the largest segment on the basis of distribution. The growing consumer preference for genuine and high-quality electronic components and easy delivery have increased the demand for USB power delivery systems through the online distribution channel.


On the basis of application, the market is segmented into head units, rear-seat entertainment, and rear-seat chargers. The head units segment is estimated to dominate the market during the forecast period.


On the basis of vehicle type, the market is segmented as passenger cars and commercial vehicle. Passenger cars segment is estimated to dominate the market during the forecast period. The increasing demand for advanced charging systems in passenger cars and the increasing adoption of USB systems in head units, rear seat entertainment, and other electronic system is expected to drive the demand for USB power delivery systems in this segment.


The global automotive USB power delivery system market is expected to grow at 15.71% CAGR during the forecast period.


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Drivers


automotive USB power delivery system market Drivers


Market Research Analysis


Europe held the largest market share in the global automotive USB power delivery system market.


Region-wise, in 2017, Europe held the largest market share of the global automotive USB power delivery system market, owing to the world-class R&D infrastructure and industrial value chain integration of the electronic and mechanical engineering sectors into the automotive industry. This creates an internationally peerless industry and investment atmosphere for the global players working on the automotive electronics in the region. It is estimated that Asia-Pacific would be the fastest growing market during the forecast period, mainly due to the presence of major market players in Asia-Pacific who are constantly spending on research and development to come up with the innovative specifications for power delivery systems. For instance, in 2015, Japan Aviation Electronics Industry, Ltd., a Japanese corporation specializing in the manufacture and sales of electrical connectors, introduced a full line of USB type C connectors, JAE DX07 to offer high-speed data transmission at 10 gigabits per second (Gbps). The persistence in the development of innovative technologies for automotive USB power delivery systems in the region is anticipated to attract the global players to invest in the region during the forecast period.


Global Automotive USB Power Delivery System Market 2018–2023

Automotive USB Power Delivery System Market 2018–2023


CAR ~ 15.71%


Scope of the Report


This report provides an in-depth analysis of the global automotive USB power delivery system market, tracking one market segments across five geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, and share for North America, Asia-Pacific (APAC), Europe, and the rest of the world (RoW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the automotive USB power delivery system market by type, distribution, application, vehicle type, and region.


Type


  • Combination

  • Type C


Application


  • Head units

  • Rear-Seat Entertainment

  • Rear-Seat Chargers


Distribution


  • Online

  • Offline


Vehicle Type


  • Passenger Car

  • Commercial Vehicle


By Region


  • North America 

  • Asia-Pacific 

  • Europe

  • Rest of the World (RoW)


Key Players


The key players operating in the global automotive USB power delivery system market are Cypress Semiconductor Corporation (US), Infineon Technologies AG (Germany), Lattice Semiconductor (US), NXP Semiconductors (Netherlands), Renesas Electronics Corporation (Japan), Texas Instruments Incorporated (US), ON Semiconductor (US), ROHM Semiconductor (Japan), and STMicroelectronics (Switzerland).