The latest USB innovations are driving the market to unprecedented highs
USB cables are about as ubiquitous as any connecting medium can be. There are several USB standards with varying connector types, including Standard A, Standard B, Micro A, Mini B, Micro AB, and Micro B. Standard A is the most common, found in most PCs, while Standard B is for large peripherals, like scanners and printers. Micro and Mini adapters are generally used for small portable devices, such as mobile handsets and digital cameras.
Super speed USB cables are expected to drive the global cable market over the next few years. This latest technology offers enhanced speed and performance, from 480 Mbits/s to 10 Gbits/s and up. Moreover, features like improved power efficiency and power-supply interoperability are expected to further drive the global market. In addition, Type C USB cable is starting to replace traditional USB cables.
The USB cable market by type has been further segmented, adding USB 2.0 male and female, USB 3.0 male and female, and 30-pin technology. The list of applications now includes portable smart computing devices, digital cameras, USB chargers, keyboards, mice, printers, scanners, and lots more. In terms of revenue, in 2015, Micro USB cable accounted for the largest market share, as the portable devices they’re typically connected to have seen explosive growth, with no end in sight. USB 2.0 (female) accounted for the send largest market share in 2015.
Geographically, the global market can be broadly segmented into Asia Pacific, Rest of World (RoW), North America, and Europe. North America accounted for the largest market share in 2015 owing to wide adoption and market penetration of smart computing devices. Asia Pacific is next, thanks to high-volume markets like China, India, and Singapore. The key USB suppliers includes Tripp Lite, Nikon, Digilent, Samsung, Xiling, Future Technology Devices, Belkin, Sony, Digtus, Hardwaresecrets, ION Audio, Bose, and Panasonic Corporation.
Khusro Khan is an SEO specialist at Transparency Market Research.