• Wed. May 11th, 2022

The global USB Type-C market for the airline industry to grow with

New York, November 08, 2021 (GLOBE NEWSWIRE) – According to statistics from the International Civil Aviation Organization (ICAO), the total number of passengers carried by air transport increased from 1.674 billion in 2000 to 4.397 billion in 2019. Moreover, in other statistics from the World Bank, the registered air carrier worldwide departures increased from 22,008,658 in 2000 to 37,461,913,819 in 2019. On the other hand, according to statistics from the General Aviation Manufacturers Association (GAMA), the total number of aircraft shipments (year-to-date) increased from 2,020 units in 2010 to 2,658 units in 2019.

Research Nester recently published a report on Global USB Type-C Market for the Airline Industry, which includes detailed qualitative and quantitative analysis for the period 2019 to 2028. In addition, the extensive information provided in the report gives its readers a better idea of ​​the overall market view. In addition to this, the report also contains a detailed analysis of the key strategies adopted by the major players operating in the market.

Aircraft sales over the years have increased dramatically, along with an increase in the number of air passengers around the world. Moreover, the increase in the number of smartphones released in recent years with the ability to be charged with USB Type-C, has seen a massive increase, which is also expected to drive the market growth in the coming years. For example, between 2015 and 2020, the share of smartphones with USB Type-C capability increased from around 5% in 2015 to nearly 75% in 2020. The global USB Type-C market for l The airline industry generated revenue of USD 10,440,000 in 2019 and further is expected to reach USD 17,064.4 thousand in 2028, increasing with a CAGR of 12.2% during the forecast period, i.e. 2020-2028.

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The market is segmented by region into North America, Europe, Asia-Pacific, Latin America, Middle East and Africa. Among these, the market in North America recorded revenue of $ 3,236.4 thousand in 2019, while the Asia-Pacific market reached $ 3,027.6 thousand in the same year and is expected to grow. besides generating the largest market revenues by the end of 2028 by registering a value of 5460.7 thousand USD. The Asia-Pacific region market is also expected to grow with the highest CAGR of 13.5% during the forecast period. The market in North America is segmented by country to United States and Canada, among which the United States market is expected to hold the largest market share and continue to grow with the highest CAGR of 12.2% throughout the forecast period. On the other hand, in Asia-Pacific, the market is segmented into China, India, Japan, South Korea, Vietnam, Singapore, Australia and the rest of Asia-Pacific. Of these, the Chinese market is expected to generate the largest market revenue of $ 2,513,000 by the end of 2028, compared to a revenue of $ 1,332.1,000 in 2019. The Vietnamese market, in contrast, is expected to grow. with the highest CAGR of 15.2% during the forecast period.

Get sample PDF of USB Type-C Market Report for Airline Industry

The study further incorporates YOY ​​growth, demand and supply, and prospects for future opportunities in North America (United States, Canada), Europe (United Kingdom, Germany, France, Italy, Spain, Hungary, Belgium, Netherlands and Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, rest of Europe), Latin America (Brazil, Mexico, Argentina, rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia , Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, CCG [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of the Middle East and Africa).

The global USB Type-C market for the airline industry is segmented by port type into USB 2.0, USB 3.0, USB 3.1, USB 3.2, and others. Among these, the USB 2.0 segment is expected to gain the largest market share throughout the forecast period. The segment had revenue of $ 8,352,000 in 2019 and is further expected to reach $ 11,238.5,000 by the end of 2028. The USB 3.2 segment, on the other hand, is expected to grow by a CAGR notably by 29.1% over the forecast. period.

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The market is also segmented by aircraft type into commercial, private and other aircraft. Among these, the commercial aircraft segment is expected to hold the largest revenues throughout the forecast period and reach market revenue of $ 13,516.4 thousand by the end of 2028, from a figure sales of $ 7,966.5 thousand in 2019 growing at the highest CAGR. by 12.7%.

The global USB Type-C market for the airline industry is also segmented by application.

Global USB Type-C for Airline Industry Market Segmentation By Application

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Some of the major players in the global USB Type-C for the airline industry market are Astronics Corporation, AAR Corp., Mid-Continent Instrument Co., Inc. (True Blue Power), Imagik Corporation, Appareo Systems, LLC, Burrana, IFPL Group Limited, Inflight Canada, Kid-Systeme GmbH, Eirtech Aviation Services and others.

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