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USB Type-C Market to Expand by USD 17.35 Billion (2024-2028), Driven by Rising Adoption of Premium Smartphones in Emerging Markets, AI-Powered Market Analysis- Technavio’s

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NEW YORK, Sept. 2, 2024 /PRNewswire/ — Report on how AI is driving market transformation- The global usb type-c market size is estimated to grow by USD 17.35 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  17.1%  during the forecast period. Increasing adoption of premium smartphones in emerging markets is driving market growth, with a trend towards growing penetration of wireless charging outlets. However, fluctuations in prices of raw materials and rising operational costs  poses a challenge. Key market players include AUK, Belkin International Inc., Bright Industries, ByteCable, Cabledo, Diodes Inc., Farreach Electronic Co., Ltd., HIROSE ELECTRIC Co. Ltd., Hon Hai Precision Industry Co. Ltd., Infineon Technologies AG, MediaTek Inc., Microchip Technology Inc., Moke International Group Ltd., NXP Semiconductors NV, ON Semiconductor Corp., Renesas Electronics Corp., Shenzhen STC Cable, Silicon Laboratories Inc., STMicroelectronics International N.V., Texas Instruments Inc., and Wandkey Electronic Co.,Ltd..

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Usb Type-C Market Scope

Report Coverage

Details

Base year

2023

Historic period

–

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 17.1%

Market growth 2024-2028

USD 17350.1 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

12.25

Regional analysis

APAC, North America, Europe, Middle East and Africa, and South America

Performing market contribution

APAC at 46%

Key countries

China, US, India, Germany, and Japan

Key companies profiled

AUK, Belkin International Inc., Bright Industries, ByteCable, Cabledo, Diodes Inc., Farreach Electronic Co., Ltd., HIROSE ELECTRIC Co. Ltd., Hon Hai Precision Industry Co. Ltd., Infineon Technologies AG, MediaTek Inc., Microchip Technology Inc., Moke International Group Ltd., NXP Semiconductors NV, ON Semiconductor Corp., Renesas Electronics Corp., Shenzhen STC Cable, Silicon Laboratories Inc., STMicroelectronics International N.V., Texas Instruments Inc., and Wandkey Electronic Co.,Ltd.

Market Driver

The USB Type-C market is experiencing significant growth due to its versatility and compatibility with various devices. This connector type offers faster data transfer rates and charging capabilities. Major tech companies are integrating USB Type-C ports into their latest products, including laptops, smartphones, and tablets. The market is expected to continue expanding as more manufacturers adopt this technology. USB Type-C’s reversible design and ability to support Power Delivery make it a preferred choice for consumers and businesses alike. 

The USB Type-C market is booming as more and more electronic devices adopt this versatile technology. Smartphones, tablets, laptops, and MacBooks are leading the charge, with USB Type-C ports becoming standard. The trend is driven by the need for faster data transfer and charging capabilities. USB Type-C is also making waves in industries like robotics, aerospace, and automotive, where voltage adjustment and temperature protection are crucial. With increasing internet penetration, USB Type-C devices are finding applications in wireless computing and consumer electronics. Thunderbolt 3, Thunderbolt 4, USB4, and DisplayPort are key specifications that set USB Type-C apart. USB Type-C technology offers voltage compensation and temperature protection, making it ideal for use in commercial and private aircraft, automobiles, medical devices, and USB power adapters and wall chargers. As the USB Type-C industry grows, it’s essential to consider import and export analysis and the environmental impact, including electronic waste management. 

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Market Challenges

The USB Type-C market is experiencing significant growth due to its versatility and compatibility with various devices. This connector type offers faster data transfer speeds and charging capabilities. Major tech companies are integrating USB Type-C ports into their latest devices, driving market demand. The USB Implementers Forum (USB-IF) continues to develop and promote USB Type-C technology, ensuring its widespread adoption.The USB Type-C market is growing rapidly due to its versatility and compatibility with various electronic devices, including automotive infotainment systems, Apple devices, commercial and private aircraft, robots, and personal computers. The USB Type-C industry faces challenges in transferring data at high speeds and providing sufficient power for devices like digital cameras and voltage-hungry laptops. USB Type-C connections in automobiles and medical devices require import-export analysis for regulatory compliance. Thunderbolt 3, Thunderbolt 4, USB4, and DisplayPort specifications are key technologies driving the market. USB Type-C power adapters and wall chargers are essential accessories for this technology. However, managing electronic waste from discarded USB Type-C products is a significant challenge for the industry.

For more insights on driver and challenges – Request a sample report!

Segment Overview 

This usb type-c market report extensively covers market segmentation by  

Product Type1.1 Charger1.2 Cable1.3 Adaptor1.4 Other accessoriesApplication 2.1 Consumer electronics2.2 Automotive2.3 Healthcare2.4 Industrial automation2.5 OthersGeography 3.1 APAC3.2 North America3.3 Europe3.4 Middle East and Africa3.5 South America

1.1 Charger-  The USB Type-C chargers market is projected to expand due to the rising demand for consumer electronics requiring continuous power supply. The consumer base for electronic peripherals is expanding, and the growing popularity of low-cost chargers in developing economies is fueling market growth. E-commerce platforms have made mobile accessories like chargers more accessible, further accelerating segment expansion. Replacement demand for smartphones dominates, but portable chargers and cables’ convenience and government initiatives to reduce electronic waste are influencing market trends. Manufacturers focus on technological innovation for reliable power supply, reducing downtime and enhancing user experience, driving market growth.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2017-2021) – Download a Sample Report

Research Analysis

The USB Type-C market is experiencing significant growth due to its versatility and compatibility with various devices. This advanced technology supports data transfer speeds up to 10Gbps and can be used for charging mobile phones, tablets, laptops, MacBooks, smartphones, and more. USB Type-C connections are not only limited to computing devices but are also being adopted in robotics, aerospace, and automobiles. With the increasing internet penetration and the rise of consumer electronics, the demand for USB Type-C technology is expected to surge. USB Type-C ports offer features like voltage compensation and temperature protection, making them a preferred choice for various industries. USB Type-C market includes USB power adapters, wall chargers, and even DisplayPort alt mode for video output. The USB Type-C market analysis also covers import and export trends, making it an essential topic for technology enthusiasts and industry professionals.

Market Research Overview

The USB Type-C market is experiencing significant growth due to its versatility and widespread adoption in various electronic devices. USB Type-C technology offers fast data transfer speeds, making it ideal for use in mobile phones, tablets, laptops, MacBooks, smartphones, and various consumer electronics. The technology’s ability to support Thunderbolt 3, Thunderbolt 4, USB4, and DisplayPort makes it a popular choice for high-performance applications in robotics, aerospace, and automotive industries. Voltage adjustment and temperature protection features ensure safe and efficient charging of USB Type-C devices, including USB power adapters and wall chargers. The USB Type-C industry is also expanding to include commercial and private aircraft, medical devices, and automobiles. With increasing internet penetration and the growing importance of wireless technology, the USB Type-C market is poised for continued growth. However, concerns over electronic waste and the need for sustainable manufacturing practices are essential considerations for the industry’s future.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

Product TypeChargerCableAdaptorOther AccessoriesApplicationConsumer ElectronicsAutomotiveHealthcareIndustrial AutomationOthersGeographyAPACNorth AmericaEuropeMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Crab2B Makes AsiaWorld-Expo Debut, Connecting Hong Kong’s Mobile Wholesalers with Global Buyers

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HONG KONG, Oct. 18, 2026 /PRNewswire/ — Crab2B, a pioneering B2B trading platform dedicated to mobile devices and digital products, will make its debut at the HKICEC Global Mobile Exchange Pavilion during the Global Sources Hong Kong Shows, opening at AsiaWorld-Expo on October 18, 2026.

Hong Kong has long been a major hub for electronics wholesale trade, but buyers still often rely on fragmented channels to identify suppliers. Crab2B was created to bridge this gap, bringing Hong Kong-based mobile and digital product wholesalers together on one dedicated B2B platform. Headquartered in Hong Kong, Crab2B combines the manufacturing strength of mainland China and the Greater Bay Area’s extensive supply chain capabilities with Hong Kong’s established global trading network. Together, these strengths enable Crab2B to simplify cross-border sourcing, connect buyers directly with suppliers and make international trade more accessible and efficient.

For its first appearance at a major industry trade show, Crab2B is bringing together more than 200 merchants already registered on the platform, marking a significant milestone in its development. The Crab2B booth is expected to attract electronics traders from Southeast Asia, Europe, the Middle East and beyond. Visitors will be able to discover the app’s capabilities through live demonstrations, register on the platform and connect directly with participating merchants to explore business opportunities.

A buyer who experienced the Crab2B app shared: “With Crab2B, we no longer have to search far and wide for reliable suppliers. The platform brings Hong Kong’s mobile phone wholesalers together in one place, giving us greater visibility into available products and sourcing opportunities. Whether I’m at my desk or on the move, I can find products and connect with suppliers whenever I need to. For businesses like ours that source across borders, that kind of access makes a real difference. It saves time, reduces transaction costs and helps us do business more efficiently.”

Crab2B CEO Luo Yaohong said, “We want to be pioneers in cross-border B2B trading for digital products, creating new opportunities for Hong Kong’s wholesale industry. As Hong Kong places greater emphasis on developing digital trade, we’re addressing a longstanding gap in the market with a dedicated digital platform that connects Hong Kong’s electronics suppliers directly with buyers around the world. Our ambition is to make cross-border trading easier, faster and more accessible, while helping Hong Kong businesses reach new markets.”

The platform’s trade show debut is also attracting attention from international merchants, with exhibitors expressing interest in joining Crab2B to expand their reach into overseas markets. Meanwhile, merchants already registered on the platform are looking forward to the launch of its planned online marketplace, which will create further opportunities for sustained collaboration and business growth.

Building on this debut, Crab2B will remain firmly rooted in Hong Kong while expanding its connections with businesses around the world. The company will continue to enhance its platform with smarter sourcing tools, more comprehensive trading capabilities and an increasingly connected network of suppliers and buyers. By making it easier to discover products, establish business relationships and conduct cross-border transactions, Crab2B aims to open new opportunities for merchants of all sizes and help shape the next chapter of Hong Kong’s digital trade industry.

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SOURCE Crab2B

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Canton Fair Buyers Alliance Launched as the 140th Edition Opens

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GUANGZHOU, China, Oct. 17, 2026 /PRNewswire/ — On October 15, the Canton Fair Buyers Alliance was officially launched at the Canton Fair Complex, marking a significant milestone as the fair celebrates the 70th anniversary of its founding.

More than 140 overseas buyers attended the launch ceremony, highlighting the fair’s enduring role as a bridge connecting global commerce with China’s export sector.

Speaking at the ceremony, Luís Vilariça, CEO of Joinco, Import & Export, Ltd., discussed his company’s long-standing relationship with the Canton Fair. Drawing on years of participation, he reflected on the growth opportunities created through cooperation with Chinese suppliers and highlighted the fair’s role in supporting international business development and global trade exchanges.

The ceremony also featured a joint declaration by alliance members. Representatives from five member companies read the statement in their respective native languages, underscoring the international character of the new organization. Additional members sent video congratulatory messages, joining the celebration and witnessing the official launch of the alliance.

The Canton Fair Buyers Alliance represents one of the fair’s key service innovations. Designed primarily for Fortune Global 500 companies, buyers from the world’s top 250 retailers and leading sourcing enterprises across a diverse range of markets, the alliance aims to offer members a platform for information sharing and resource coordination. The first cohort of alliance members includes 58 companies from 32 countries and regions across 5 continents. Through the alliance, members will gain access to a range of priority benefits spanning four major areas: services, events, resources and information.

 For more convenient attendance, please click here for pre-registration:

https://buyer.cantonfair.org.cn/register/buyer/email?source_type=16

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SOURCE Canton Fair

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Bioethanol from human hair – Indian start-up’s solution to rising prices of grains and sugar

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GUJARAT, India, Oct. 17, 2026 /PRNewswire/ — In what could be called the beginning of the 5G (fifth-generation) of bioethanol or non-cellulosic bioethanol or non-sugar-based biofuels, an Indian start-up, Techofest Global, based out of Gujarat, has developed its own, indigenous, and patented technology for the production of bioethanol from waste human hair. Such processes would significantly reduce the employment of sugars, grains, and agricultural residues, which form the classical first- and second-generation bioethanol feedstocks. As a result, the rising fuel-vs.-food/fodder debate is anticipated to reduce, and instead, ethanol produced from municipal/industrial waste, after trials, can supplement the current supply being used as blends with presently retailed fossil fuels (E20, E27, etc.). 

As stated by Dr. Ravi, the founder-CEO of Techofest Global, the strategic priority and the USP of the start-up is industrial symbiosis, which, typically, involves an ecosystem of up-cycling/valorising the effluents of an industry, thereby creating a value-chain for residues often lacking an end-of-life. With more than three decades of experience in designing customized nuclear fusion reactors for international programmes, such as ITER, JET/UKAEA and SST-1, Dr. Ravi, a seasoned mechanical engineer, spearheads the start-up’s patented technologies’ scale-up and commercialization.

Two biochemical engineers, Dr. Navnit – the former CTO, and Dr. Kabilan – the former CEO of Biomakerz, Chennai, are the brains behind the current technology/process portfolio of the joint-venture between Techofest Global and Biomakerz. They have been working on biorefineries’ process intensification for more than a decade. “Having foreseen the fuel-vs-fodder/food competition as early as the year 2015, we began developing techno-economically feasible and viable in-vitro metabolically-engineered bioprocesses for scaling-up ethanol production from municipal waste streams between 2019–2021”, says Navnit. After developing operational technologies for international biofuel organizations, serving process engineer roles with certain biorefineries-related OMC R&D’s of India, Dr. Navnit, presently works for a premier academic institution.

An on-going fermentation trial at the Techofest Global-Biomakerz JV’s R&D facility

Techofest Global has developed and tested, in its R&D JV’s pilot-facility of ~100-L, 3 innovative and cost-effective technologies, such as 5G ethanol production using human hair, used cooking oil (UCO), and enriched bio-methane production from disposed sanitary napkins.

“With massive CapEx and OpEx, 2G ethanol technology is facing a major commercialization bottleneck, owing to competition with food/livestock fodder, requirement of a cost-intensive pre-treatment procedure, and the requirement of cellulolytic cocktails, which have a poor recycle efficiency. The proprietary 5G SAFE process developed for the start-up circumvents the mentioned constraints, and instead, utilizes a single-stage saccharification followed by fermentation, and records over 85–90% biocatalyst recovery. Likewise, the proprietary SIM process for bio-methane production, exclusively developed for the start-up, is 2x faster with improved intermittent feeding cycles and continuous gas harvest”, says Navnit.

“With on-going pre-commercialization trials, the proprietary ethanol and bio-methane processes of ours are soon being commercialized”, says Ms. Bhumika, the co-founder and the corporate advisor of the start-up. Furthermore, Mr. Ronak pilots the organization’s global market entry and commercialization frontier.

Techofest Global’s veteran Principal Technology Advisors include: Dr VS Tripathi, former Joint Director, DRDE Gwalior, Dr B S Munjal, former Director, Structures and Thermal group, SAC/ISRO, Academician and Advisor CIKS-Dharohar, GTU, and Dr AV Santhanababu, former Scientist at Satish Dhawan Space Centre. With on-going R&D activities, Dr. Munjal says, “the start-up is striving to provide a unique solution along the lines of the Atmanirbhar and Viksit Bharat Vision 2047”.

Media Contact: www.techofestglobal.com; e-mail: info@techofestglobal.com; contact person: The PR team of Techofest Global.

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