USB & Firewire Cables Market Scope
IEEE 1394 cables, DV cables, or Firewire cables were developed to connect personal computers, digital cameras, televisions, DVD players, printers, and other home electronics devices. Firewire cables are a type of serial technology that is used to connect a computer to a peripheral device or to link devices to one another using a specific cable design assembly. USB, like FireWire, allows many devices to be connected to a single port on the back of our computers. However, USB is intended to be a simpler, slower, and less expensive to produce interface. Because of the widespread use of USB & firewire cables in a variety of applications, the consumer electronics market is projected to develop significantly over the projection period.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | Phoenix Contact (I) Pvt. Ltd. (India), CnC Tech, LLC (United States), Molex (United States), Bulgin (United States), Tripp Lite (United States), Luxshare Precision Industry Co., Ltd. (China), TE Connectivity Ltd. (Switzerland), Cablek industries (Canada), Apple Inc. (United States) and Cables Direct Limited (United Kingdom) |
CAGR | 25.8% |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA estimates that United States Manufacturers will contribute to the maximum growth of Global USB & Firewire Cables market throughout the predicted period.
Phoenix Contact (I) Pvt. Ltd. (India), CnC Tech, LLC (United States), Molex (United States), Bulgin (United States), Tripp Lite (United States), Luxshare Precision Industry Co., Ltd. (China), TE Connectivity Ltd. (Switzerland), Cablek industries (Canada), Apple Inc. (United States) and Cables Direct Limited (United Kingdom) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research are C2G (United States), Finolex Cables Ltd (India), RR Kabel Limited (India) and Johnson Components and Equipment Co., Ltd (Taiwan).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global USB & Firewire Cables market by Type and Region with country level break-up.
On the basis of geography, the market of USB & Firewire Cables has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2023.
Market Leaders and their expansionary development strategies
In September, 2018 TPG (United States Based Leading Private Equity Firm) Acquired Minority Stake in RR Kabel, an Indian Wire Manufacturer that Operates in Over 80 Regions. The Deal Combines TPG’s Expertise with RR Kabel’s Strong Regional Presence to Serve Wider Range of Consumers.
In
United Kingdom; Wiring Regulations 18th edition (BS 7671:2018) – Provides a List of Regulations that Relating to Design, Erection and Verification of Electrical installations along with new additions or Removals of Installations.
Influencing Trend:
Growing Usage of Outdoor Equipment
Market Growth Drivers:
Growing Demand for Electricity and Increasing Sales Across Consumer Electronics Sector
Challenges:
Fierce Competitive Pressure and Wire Breakdown
Restraints:
Chances of Short Circuit and Fire
Opportunities:
Growing Usage across Multiple Industry Verticals
Key Target Audience
USB & Firewire Cables Manufactures, New Entrants and Investors, USB & Firewire Cables Distributors and Suppliers, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others