Product Code: BWC21118
Global USB Hub Market Set to Thrive in a Post-COVID World-Projected to Grow at a CAGR of 7.6% by 2027.
The growth of the IT industry and booming e-sports industry across the globe are the key drivers for the growth of the global USB Hub market. The best way to access multiple connected devices simultaneously is using a USB hub…
A recent study by the strategic consulting and market research firm BlueWeave Consulting, revealed that global USB Hub market was worth USD 596.7 Million in 2020. The study forecasts that the market will grow at a CAGR of 7.6% during the forecast period (2021-2027) to reach a value of USD 977.0 Million by 2027. Growth in the IT industry has been one of the major drivers of the USB hub market worldwide. The study forecasts that the market will grow at a CAGR of 7.6% during the forecast period (2021-2027) to reach a value of USD 977.0 Million by 2027. Growth in the IT industry has been one of the major drivers of the USB hub market worldwide. An USB Hub lets multiple devices connect simultaneously. The global information technology industry is proliferating with emerging technologies, including Big Data, Machine Learning, Artificial Intelligence, and Blockchain. By adopting 5G, Industry 4.0, IoT, and others, the global USB Hub market is expected to grow even more in the coming years.
EU's Decision for a Standard USB Type-C Charger Comes as a Lucrative Opportunity for Market Players
In September of 2021, the European Commission announced that it would make it mandatory for all portable electronic device manufacturers to introduce USB Type-C charging ports and fast charging technology for the EU market. As a result of this announcement, smartphones, tablets, cameras, headphones, portable speakers, and handheld video consoles will have USB Type-C charging ports. According to the European Commission, this decision will allow consumers to buy new devices without having to purchase new chargers. Additionally, it will save them USD 293.0 million per year on unnecessary charger purchases. Further, the Commission reported that European consumers spend more than USD 2.8 billion on standalone chargers, which generate 11,000 tons of e-waste every year. The new decision will ban other types of chargers and is expected to create exciting opportunities for the market players to target and contribute to the growth of the global USB Hub market.
The USB 3.1 is Anticipated to Grow at The Highest CAGR During the Forecast Period
In 2020, the USB 3.1 accounted for a lucrative market share in the global USB Hub market and is expected to reach significant CAGR during the forecast period, i.e., 2021-2027. USB 3.1 is the latest industry standard for data transfer, and it has two versions of transfer speed, i.e., USB 3.1 Gen 1 and USB 3.1 Gen 2. While USB 3.1 Gen 1 has a transfer speed of 5Gbps (SuperSpeed or SS), USB 3.1 Gen 2 has a speed of 10 Gbps and is also known as SuperSpeedPlus or SSP. In terms of power connection, USB 3.1 provides a maximum of 20V/5A 100W power delivery, and it enables high power-consuming devices, like printers, scanners, and others, to draw power directly from computers instead of an external power source.
Global USB Hub Market: Impact of COVID-19
The COVID-19 pandemic has had a substantial influence on various industries across the globe. For some industries, the pandemic served as a boon, and for others, it was a curse. The COVID-19 wave swept through Europe, and announcements of lockdowns from government officials intensified the situation. Since the lockdown was announced by different countries, semiconductor manufacturers had to reduce production in 2020 as they feared the pandemic's aftereffects would dampen the demand for semiconductors. However, the demand for semiconductors surged drastically, and the manufacturers are now struggling to catch up with demand. The pandemic caused havoc in the industry, and the shutting down of the plants and closing of the borders severely disrupted supply chains.
Furthermore, consumer behavior changed suddenly with the emergence of home IT and cloud technologies. Furthermore, manufacturers were unable to predict the behavior change, leading them to reduce semiconductor production. As lockdown reopened and demand surged, the manufacturers could not meet the demand, and the industry has been trying to match the demand ever since.
Competitive Landscape
The leading players in the global USB hub market are: Vaunix Technology Corp., Texas Instruments, Anker Innovations, Sabrent, Foxconn Interconnect Technology Limited, Toshiba Corporation, Panasonic Corporation, Honeywell International, StarTech, Amazon, Dell, HP, Sony Corporation, Aukey, and other prominent players. Players are focusing on new and effective strategic development to proliferate their market position amidst the existing and upcoming players. For instance, Vaunix Technology Corporation is committed to providing quality products, technical assistance, and consultation. This includes discussing problem issues, developing a treatment plan, and providing product information and data for the application.
Don't miss the business opportunity of the global USB hub market. Consult our analysts to gain crucial insights and facilitate your business growth.
The report's in-depth analysis provides information about growth potential, upcoming trends, and the global USB Hub market statistics. It also highlights the factors driving forecasts of total market size. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market. The report promises to provide recent technology trends in the global USB Hub market, along with industry insights, to help decision-makers make sound strategic decisions.
About Us
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Table of Contents
1 Executive Summary
- 1.1 Market Attractiveness
- 1.1.1 Global USB Hubs Market Share, By Type (By Value & Volume)
- 1.1.2 Global USB Hubs Market Share, By End-User
- 1.1.3 Global USB Hubs Market Share, By Region (By Value & Volume)
2 Market Introduction
- 2.1 Definition
- 2.2 Scope of the Study
- 2.3 Key Market Segments
- 2.3.1 Market Estimate and Forecast by Type
- 2.3.2 Market Estimate and Forecast by End-User
- 2.3.3 Market Estimate and Forecast by Region
3 Research Methodology
- 3.1 Qualitative Research
- 3.2 Methodology
- 3.3 Regional Split of Primary & Secondary Research
- 3.4 Secondary Research
- 3.5 Primary Research
- 3.5.1 Breakdown of Primary Research Respondents, By Region
- 3.6 Market Size Estimation
- 3.7 Assumptions for the Study
- 3.8 Market Breakdown & Data Triangulation
4 Market Dynamics
- 4.1 Introduction
- 4.2 Growth Drivers
- 4.2.1 Growth of the IT Industry
- 4.2.2 Booming gaming & eSports Industry
- 4.2.3 Increasing Adoption of Consumer Electronics
- 4.2.4 Driver Impact Analysis
- 4.3 Restraints
- 4.3.1 Emergence of Thunderbolt
- 4.3.2 High-Security Risk
- 4.3.3 Restraint Impact Analysis
- 4.4 Opportunities
- 4.4.1 EU's Decision for a Standard USB Type-C Charger
- 4.4.2 Rising Adoption of IoT devices
- 4.4.3 Opportunity Impact Analysis
- 4.5 Impact Analysis of COVID-19
- 4.5.1 Impact on Semiconductor Manufacturers
- 4.5.1.1 Increased Lead Time
- 4.5.1.2 Availability of Resources
- 4.5.1.3 Regional Impact
- 4.5.2 Impact on Sensor Manufacturers
- 4.5.2.1 Slowdown in Production Capacity
- 4.5.2.2 Increased Lead Time of Passive and Active Models
- 4.5.2.3 Shift in Regular Electronics Supply Chain to Meet Abrupt Demand of Electronic Models
- 4.5.2.4 Decline in Demand from Each End Market
- 4.5.2.5 Geo-Political Factor
- 4.5.3 Impact on Device Manufacturers
- 4.5.3.1 Surging demand of computing devices
- 4.5.3.2 Product Shipping and Logistics & E-Commerce Slowdown
- 4.5.3.3 Consumer Behaviours/Sentiments
- 4.5.3.4 Unstable flow of Sensor from Suppliers
- 4.5.4 COVID-19 Impact on Supply Chain Delays
5 Market Factor Analysis
- 5.1 Supply Chain Analysis
- 5.1.1 Research & Development
- 5.1.2 Raw Material Supply
- 5.1.3 Manufacturing and Production
- 5.1.4 Distribution & Sales
- 5.1.5 End-Users
- 5.2 Porter's Five Forces Model
- 5.2.1 Bargaining Power of Suppliers
- 5.2.2 Bargaining Power of Buyers
- 5.2.3 Threat of New Entrants
- 5.2.4 Threat of Substitutes
- 5.2.5 Competitive Rivalry in The Market
6 Global USB Hubs Market, By Type
- 6.1 Introduction
- 6.1.1 By Value
- 6.1.2 By Volume
- 6.2 USB 2.0
- 6.2.1 Market Estimates & Forecast, 2015-2027
- 6.2.1.1 By Value
- 6.2.1.2 By Volume
- 6.3 USB 3.0
- 6.3.1 Market Estimates & Forecast, 2015-2027
- 6.3.1.1 By Value
- 6.3.1.2 By Volume
- 6.4 USB 3.1
- 6.4.1 Market Estimates & Forecast, 2015-2027
- 6.4.1.1 By Value
- 6.4.1.2 By Volume
7 Global USB Hubs Market by End-User, 2015-2027
- 7.1 Introduction
- 7.2 Residential
- 7.2.1 Market Estimates & Forecast, 2015-2027
- 7.3 Commercial
- 7.3.1 Market Estimates & Forecast, 2015-2027
8 Global USB Hubs Market, By Region
- 8.1 Overview
- 8.1.1 By Value
- 8.1.2 By Volume
- 8.2 North America USB Hubs Market
- 8.2.1 By Value
- 8.2.2 By Volume
- 8.2.3 North America USB Hubs Market by Type, 2015-2027
- 8.2.3.1 By Value
- 8.2.3.2 By Volume
- 8.2.4 North America USB Hubs Market by End-User, 2015-2027
- 8.2.5 North America USB Hubs Market by Country, 2015-2027
- 8.2.5.1 By Value
- 8.2.5.2 By Volume
- 8.2.5.3 U.S.
- 8.2.5.3.1 By Value
- 8.2.5.3.2 By Volume
- 8.2.5.3.3 U.S. USB Hubs Market by Type, 2015-2027
- 8.2.5.3.3.1 By Value
- 8.2.5.3.3.2 By Volume
- 8.2.5.3.4 U.S. USB Hubs Market by End-User, 2015-2027
- 8.2.5.4 Canada
- 8.2.5.4.1 By Value
- 8.2.5.4.2 By Volume
- 8.2.5.4.3 Canada USB Hubs Market by Type, 2015-2027
- 8.2.5.4.3.1 By Value
- 8.2.5.4.3.2 By Volume
- 8.2.5.4.4 Canada USB Hubs Market by End-User, 2015-2027
- 8.2.5.5 Mexico
- 8.2.5.5.1 By Value
- 8.2.5.5.2 By Volume
- 8.2.5.5.3 Mexico USB Hubs Market by Type, 2015-2027
- 8.2.5.5.3.1 By Value
- 8.2.5.5.3.2 By Volume
- 8.2.5.5.4 Mexico USB Hubs Market by End-User, 2015-2027
- 8.3 Europe USB Hubs Market
- 8.3.1 By Value
- 8.3.2 By Volume
- 8.3.3 Europe USB Hubs Market by Type, 2015-2027
- 8.3.3.1 By Value
- 8.3.3.2 By Volume
- 8.3.4 Europe USB Hubs Market by End-User, 2015-2027
- 8.3.5 Europe USB Hubs Market by Country, 2015-2027
- 8.3.5.1 By Value
- 8.3.5.2 By Volume
- 8.3.5.3 Germany
- 8.3.5.3.1 By Value
- 8.3.5.3.2 By Volume
- 8.3.5.3.3 Germany USB Hubs Market by Type, 2015-2027
- 8.3.5.3.3.1 By Value
- 8.3.5.3.3.2 By Volume
- 8.3.5.3.4 Germany USB Hubs Market by End-User, 2015-2027
- 8.3.5.4 U.K.
- 8.3.5.4.1 By Value
- 8.3.5.4.2 By Volume
- 8.3.5.4.3 U.K. USB Hubs Market by Type, 2015-2027
- 8.3.5.4.3.1 By Value
- 8.3.5.4.3.2 By Volume
- 8.3.5.4.4 U.K. USB Hubs Market by End-User, 2015-2027
- 8.3.5.5 France
- 8.3.5.5.1 By Value
- 8.3.5.5.2 By Volume
- 8.3.5.5.3 France USB Hubs Market by Type, 2015-2027
- 8.3.5.5.3.1 By Value
- 8.3.5.5.3.2 By Volume
- 8.3.5.5.4 France USB Hubs Market by End-User, 2015-2027
- 8.3.5.6 Italy
- 8.3.5.6.1 By Value
- 8.3.5.6.2 By Volume
- 8.3.5.6.3 Italy USB Hubs Market by Type, 2015-2027
- 8.3.5.6.3.1 By Value
- 8.3.5.6.3.2 By Volume
- 8.3.5.6.4 Italy USB Hubs Market by End-User, 2015-2027
- 8.3.5.7 Rest of Europe
- 8.3.5.7.1 By Value
- 8.3.5.7.2 By Volume
- 8.3.5.7.3 Rest of Europe USB Hubs Market by Type, 2015-2027
- 8.3.5.7.3.1 By Value
- 8.3.5.7.3.2 By Volume
- 8.3.5.7.4 Rest of Europe USB Hubs Market by End-User, 2015-2027
- 8.4 Asia-Pacific USB Hubs Market
- 8.4.1 By Value
- 8.4.2 By Volume
- 8.4.3 Asia-Pacific USB Hubs Market by Type, 2015-2027
- 8.4.3.1 By Value
- 8.4.3.2 By Volume
- 8.4.4 Asia-Pacific USB Hubs Market by End-User, 2015-2027
- 8.4.5 Asia-Pacific USB Hubs Market by Country, 2015-2027
- 8.4.5.1 By Value
- 8.4.5.2 By Volume
- 8.4.5.3 China
- 8.4.5.3.1 By Value
- 8.4.5.3.2 By Volume
- 8.4.5.3.3 China USB Hubs Market by Type, 2015-2027
- 8.4.5.3.3.1 By Value
- 8.4.5.3.3.2 By Volume
- 8.4.5.3.4 China USB Hubs Market by End-User, 2015-2027
- 8.4.5.4 India
- 8.4.5.4.1 By Value
- 8.4.5.4.2 By Volume
- 8.4.5.4.3 India USB Hubs Market by Type, 2015-2027
- 8.4.5.4.3.1 By Value
- 8.4.5.4.3.2 By Volume
- 8.4.5.4.4 India USB Hubs Market by End-User, 2015-2027
- 8.4.5.5 Japan
- 8.4.5.5.1 By Value
- 8.4.5.5.2 By Volume
- 8.4.5.5.3 Japan USB Hubs Market by Type, 2015-2027
- 8.4.5.5.3.1 By Value
- 8.4.5.5.3.2 By Volume
- 8.4.5.5.4 Japan USB Hubs Market by End-User, 2015-2027
- 8.4.5.6 South Korea
- 8.4.5.6.1 By Value
- 8.4.5.6.2 By Volume
- 8.4.5.6.3 South Korea USB Hubs Market by Type, 2015-2027
- 8.4.5.6.3.1 By Value
- 8.4.5.6.3.2 By Volume
- 8.4.5.6.4 South Korea USB Hubs Market by End-User, 2015-2027
- 8.4.5.7 Rest of Asia-Pacific
- 8.4.5.7.1 By Value
- 8.4.5.7.2 By Volume
- 8.4.5.7.3 Rest of Asia-Pacific USB Hubs Market by Type, 2015-2027
- 8.4.5.7.3.1 By Value
- 8.4.5.7.3.2 By Volume
- 8.4.5.7.4 Rest of Asia-Pacific USB Hubs Market by End-User, 2015-2027
- 8.5 Rest of the World USB Hubs Market
- 8.5.1 By Value
- 8.5.2 By Volume
- 8.5.3 Rest of the World USB Hubs Market by Type, 2015-2027
- 8.5.3.1 By Value
- 8.5.3.2 By Volume
- 8.5.4 Rest of the World USB Hubs Market by End-User, 2015-2027
- 8.5.5 Rest of the World USB Hubs Market by Country, 2015-2027
- 8.5.5.1 By Value
- 8.5.5.2 By Volume
- 8.5.5.3 Middle East & Africa
- 8.5.5.3.1 By Value
- 8.5.5.3.2 By Volume
- 8.5.5.3.3 Middle East & Africa USB Hubs Market by Type, 2015-2027
- 8.5.5.3.3.1 By Value
- 8.5.5.3.3.2 By Volume
- 8.5.5.3.4 Middle East & Africa USB Hubs Market by End-User, 2015-2027
- 8.5.5.4 Central & South America
- 8.5.5.4.1 By Value
- 8.5.5.4.2 By Volume
- 8.5.5.4.3 Central & South America USB Hubs Market by Type, 2015-2027
- 8.5.5.4.3.1 By Value
- 8.5.5.4.3.2 By Volume
- 8.5.5.4.4 Central & South America USB Hubs Market by End-User, 2015-2027
9 Global PC Docks Market Overview
- 9.1 Introduction
- 9.1.1 By Value
- 9.1.2 By Volume
10 Global PC Adapter/Dongle Market Overview
- 10.1 Introduction
- 10.1.1 By Value
- 10.1.2 By Volume
11 Competitive Landscape
- 11.1 Introduction
- 11.2 Competitor Benchmarking, By Operating Parameters
- 11.3 Dashboard: Leading Players in Terms of Number of Developments
- 11.4 Major Growth Strategies in the Global USB Hubs Market
- 11.4.1 Key Developments
- 11.4.1.1 New Product Development
- 11.4.1.2 Mergers & Acquisitions
- 11.4.1.3 Contracts & Agreements
- 11.4.1.4 Expansions & Investments
- 11.5 Market Share Analysis, 2020
- 11.5.1 Anker Innovations
- 11.5.2 Texas Instruments
- 11.5.3 Sabrent
- 11.5.4 Amazon
12 Company Profiles
- 12.1 Vaunix Technology Corporation
- 12.1.1 Company overview
- 12.1.2 Products Offered
- 12.1.3 SWOT Analysis
- 12.1.4 Key Strategies
- 12.2 Texas Instruments
- 12.2.1 Company overview
- 12.2.2 Financial Overview
- 12.2.3 Products Offered
- 12.2.4 Key Development
- 12.2.5 SWOT Analysis
- 12.2.6 Key Strategies
- 12.3 Anker Innovations
- 12.3.1 Company overview
- 12.3.2 Products Offered
- 12.3.3 Key Development
- 12.3.4 SWOT Analysis
- 12.3.5 Key Strategies
- 12.4 Sabrent
- 12.4.1 Company overview
- 12.4.2 Products Offered
- 12.4.3 SWOT Analysis
- 12.4.4 Key Strategies
- 12.5 Foxconn Interconnect Technology
- 12.5.1 Company overview
- 12.5.2 Financial Overview
- 12.5.3 Products Offered
- 12.5.4 Key Development
- 12.5.5 SWOT Analysis
- 12.5.6 Key Strategies
- 12.6 Toshiba Corporation
- 12.6.1 Company overview
- 12.6.2 Financial Overview
- 12.6.3 Products Offered
- 12.6.4 Key Development
- 12.6.5 SWOT Analysis
- 12.6.6 Key Strategies
- 12.7 Panasonic Corporation
- 12.7.1 Company overview
- 12.7.2 Financial Overview
- 12.7.3 Products Offered
- 12.7.4 Key Development
- 12.7.5 SWOT Analysis
- 12.7.6 Key Strategies
- 12.8 Honeywell International Inc
- 12.8.1 Company overview
- 12.8.2 Financial Overview
- 12.8.3 Products Offered
- 12.8.4 Key Development
- 12.8.5 SWOT Analysis
- 12.8.6 Key Strategies
- 12.9 StarTech Ltd
- 12.9.1 Company overview
- 12.9.2 Products Offered
- 12.9.3 SWOT Analysis
- 12.9.4 Key Strategies
- 12.10 Amazon
- 12.10.1 Company overview
- 12.10.2 Financial Overview
- 12.10.3 Products Offered
- 12.10.4 SWOT Analysis
- 12.10.5 Key Strategies
- 12.11 Dell
- 12.11.1 Company overview
- 12.11.2 Financial Overview
- 12.11.3 Products Offered
- 12.11.4 Key Development
- 12.11.5 SWOT Analysis
- 12.11.6 Key Strategies
- 12.12 HP
- 12.12.1 Company overview
- 12.12.2 Financial Overview
- 12.12.3 Products Offered
- 12.12.4 Key Development
- 12.12.5 SWOT Analysis
- 12.12.6 Key Strategies
- 12.13 Sony Global Corporation
- 12.13.1 Company overview
- 12.13.2 Financial Overview
- 12.13.3 Products Offered
- 12.13.4 Key Development
- 12.13.5 SWOT Analysis
- 12.13.6 Key Strategies
- 12.14 Aukey
- 12.14.1 Company overview
- 12.14.2 Products Offered
- 12.14.3 SWOT Analysis
- 12.14.4 Key Strategies
13 Export-Import Analysis, By Country, 2015-2027
- 13.1 Export Analysis, By Country, 2015-2027
- 13.2 Import Analysis, By Country, 2015-2027