Automotive USB power supply market is expected to grow at a CAGR of 18.30% by 2030

Boosting the USB power delivery industry by increasing the use of technological features in cars

New York, USA, Jan. 3, 2023 (GLOBE NEWSWIRE) — According to a comprehensive research report by Market Research Future (MRFR), “Automotive USB Power Supply Market– Information By Type, By Application, By Distribution Channel, And By Region – Market Forecast To 2030, The Global Automotive USB Power Supply Market Is Anticipated To Reach A Considerably Larger Size By The End Of 2030. Reports Further Anticipate That The market will prosper considerably during the evaluation period of 2022 to 2030 at a healthy growth rate of approximately 18.30%.

Overview of Automotive USB Power Supply Market:

The global car USB power supply market has shown great development in recent years. Market development is attributed to aspects such as increased consumer preference for high-quality and genuine electronic components, increased use of USB systems in head units, increased vehicle production, modernization of production methods, and expansion of research and development activities.

Competitive analysis of the automotive USB power supply market

The catalog of major players in the global Automotive USB Power Supply market includes players such as:

• Cypress Semiconductor Corporation (USA)

• Texas Instruments Incorporated (USA)

• Infineon Technologies AG (Germany)

• ON Semiconductor (USA)

• Lattice Semiconductor (US)

• ROHM Semiconductor (Japan)

• NXP Semiconductors (Netherlands)

• ST Microelectronics (Switzerland)

• Renesas Electronics Corporation (Japan)

Get a free sample PDF brochure:

https://www.marketresearchfuture.com/sample_request/7644

Scope of the Automotive USB Power Supply Market Report:

Explore in-depth market research report (110 Pages) on Automotive USB Power Delivery Market:

https://www.marketresearchfuture.com/reports/automotive-usb-power-delivery-system-market-7644

the story continues

Covered USP Market

market indicators

The global car USB power supply market has shown great development in recent years. Market development is attributed to aspects such as increased consumer preference for high-quality and genuine electronic components, increased use of USB systems in head units, increased vehicle production, modernization of production methods, and expansion of research and development activities.

Market restrictions

On the other hand, challenges with heat dissipation and restricted use of USB Type-C may restrict market growth.

Impact of COVID-19

The global automotive USB power supply market has seen several major setbacks during the pandemic. The huge drop in demand for cars globally caused a huge loss of revenue for the automotive USB power supply market. On the other hand, with global activities returning to normal, the market is expected to see considerable development during the assessment period.

Ask the expert:

https://www.marketresearchfuture.com/ask_for_schedule_call/7644

segment analysis

Among all types, the Type-C segment is anticipated to secure the top spot in the global automotive USB power supply market during the evaluation era. USB Type-C interfaces dominated the global automotive USB power delivery market in 2019. They are expected to dominate the global market in terms of revenue, as they enable secure and fast data sharing with a USB Type-C connector.

Among all capacity ranges, the 8,001 mAh-20,000 mAh segment is anticipated to rank first in the global car USB power supply market in the coming years. the main aspect that causes an increase in market performance is extensive digitization. It is also believed that the constant use of the Internet and the insufficient battery capacity of smartphones increase the demand for these power supply systems. In addition, the growing penetration of smartphones has caused an increase in data consumption. In addition, the capability of these delivery systems is also anticipated to enhance market revenue share during the assessment era.

Among all battery types, the lithium-ion segment is anticipated to secure the highest market revenue in the global automotive USB power supply market during the assessment era. Lithium-ion batteries provide several benefits, such as low maintenance, high energy density, and less self-discharge. By contrast, lithium-ion batteries have a high generation price, given the complex preparation processes and high material costs. However, the lithium polymer battery segment is likely to record the maximum growth rate in the coming years. Lithium-polymer batteries are moldable, lightweight and flat in shape, allowing for the production of stylish and compact power banks. Batteries are also progressively chosen as they are considered safe compared to other batteries.

Among all power sources, the electric segment is anticipated to rank first in the global car USB power supply market during the assessment era. They provide advantages such as compactness, light weight, low cost, and easy availability. On the other hand, the solar segment is predicted to exhibit the maximum CAGR during the evaluation period. Global demand for solar power banks is likely to be the main aspect supporting growth in the segment.

Among all distribution channels, the e-commerce segment is anticipated to secure the top spot in the global automotive USB power supply market during the evaluation era. The increasing penetration of the Internet around the world is believed to be the main aspect driving the performance of the segment. Furthermore, the segment is likely to show the maximum growth rate in the coming years. increasing urbanization in developing economies is the main factor driving the development of the segment.

Consult for discount:

https://www.marketresearchfuture.com/check-discount/7644

Regional Analysis

The global Automotive USB Power Supply market is analyzed across five major geographies: Asia-Pacific, Latin America, North America, the Middle East and Africa, and Europe.

MRFR research reports suggest that the Asia-Pacific region is anticipated to secure the top spot in the global automotive USB power supply market in the coming years. The main aspect supporting the development of the regional market is the increase in demand and production of electric vehicles and passenger cars throughout the region. Research reports further state that the increasing use of sophisticated electronic cabin systems in cars across the region and growing consumer awareness of safety features in developing countries are also expected to positively influence development. of the regional market. In addition, aspects such as the increasing use of state-of-the-art electronics and high vehicle output are likely to enhance regional market development during the ethical review era.

The European regional market for automotive USB power delivery is anticipated to show the maximum growth rate in the coming years. The growing presence of major semiconductor producers throughout the region is believed to be the main aspect causing increased regional market performance. The development of the regional market is attributed to the increasing use of augmented and virtual reality technologies in the country, and is also anticipated to catalyze the growth of the regional market in the coming years. In addition, the strict government regulations and standards implemented by the government throughout the region are likely to have a positive impact on the development of the regional market.

Related reports:

Lithium Ion Battery Market Investigation report: information, by type, by power capacity, by voltage, by end user

Automotive Power Electronics Market Information Report by Component, Application, by Electric Vehicle Type, by Vehicle Type and Region | Forecast 2030

Automotive Power Module Market Research Report: Information by Module Type, Vehicle Type, Propulsion, and Region – Global Forecast to 2030

About the future of market research:

Market Research Future (MRFR) is a global market research company that prides itself on its services, offering complete and accurate analysis on various markets and consumers around the world. Market Research Future has the distinguished goal of providing optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users and market players for global, regional and national market segments, enable our clients to see more, know more and do more, helping to answer your most important questions. questions.

follow us: LinkedIn | Twitter

CONTACT: Contact Market Research Future (Part of Wantstats Research and Media Private Limited) 99 Hudson Street, 5Th Floor New York, NY 10013 United States of America +1 628 258 0071 (US) +44 2035 002 764 (UK) Email: sales@marketresearchfuture.com Website: https://www.marketresearchfuture.com