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USB Type-C Market for Airline Industry Segmentation by Port Type (USB 2.0, USB 3.0, USB 3.1, USB 3.2, and Others); by Application (Charging, and Entertainment); and by Aircraft Type (Commercial Aircraft, Private, and Others) – Global Demand Analysis & Opportunity Outlook 2019-2028

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Extensive insights into the Growth of USB Type-C Market amidst COVID-19

Before we witness the stabilization of economic growth in Europe and North America, Asia Pacific is estimated to bounce back progressively with countries such as China, India, South Korea and Japan witnessing more opportunities to recover from the losses sustained during COVID-19.

Being the biggest market in Eastern Europe, Russia is estimated to take the lowest hit, offering a sigh of relief to the businesses operating in the country. Whereas, GCC is estimated to observe low investments due to the sliding prices of crude oil.

We evaluate the strategies and commitment of the Giant Players in the market towards creating products and services that customers value and rely on.

In an attempt to control and eliminate the surge of coronavirus cases and meet the demand for required medical devices along with providing efficient medical services, there is a drastic shift of investments from authoritative bodies towards the healthcare sector. Where the aftermath of this pandemic may take years to be measured, Research Nester estimates notable expansion of e-health, gaming, and media and entertainment industries till the whole situation is contained and the plan of action for the recovery process is determined. There is an estimated probability of the growth in businesses going back a year if the condition is controlled in the next 2-3 months.                                                         Request Insights

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IN THE NEWS

  • In March 2020, Bell Textron Inc. signed a contract with Astronics Corporation, announcing that Astronics will provide their CorePower airframe electrical generation and power distribution systems to support Bell Textron's Future Long-Range Assault Aircraft (FLRAA) and Future Attack Reconnaissance Aircraft (FARA) programs.

  • In December 2020, AAR Corp. extended its agreement with Viasat to provide logistics, repair, and aftermarket management services for the latter’s in-flight connectivity products.

  • In June 2020, Burrana unveiled its new RISE platform, which is an in-flight entertainment (IFE) platform that can be configured to incorporate any combination of the wireless, seatback, and overhead systems along with the in-seat power, depending upon the requirement of the airlines. Burrana further announced that its RISE seatback display would feature 4K ultra high-definition (UHD) resolution, along with Bluetooth, near field communication, and USB-C or USB-A in-seat power systems.

Global USB Type-C Market for Airline Industry Highlights 2019-2028

The global USB Type-C market for airline industry attained revenue of USD 10,440.0 thousand in 2019 and is further estimated to garner USD 17064.4 thousand by the end of 2028 by growing at a CAGR of 12.2% over the forecast period i.e., 2020-2028. The USB Type-C socket installation in aircraft seats and cabins is increasing owing to the growing availability of USB Type-C enabled devices such as tablets, smartphones, laptops, wearables, and other wireless devices, and for the growing shift in preferences amongst consumers towards USB Type-C enabled devices.  The USB Type-C connectors have multiple technical functionalities such as fast charging and high data transfer rate, enabling passengers to work, communicate, and access wireless inflight entertainment. In-seat Type-C socket introduced in the aircraft provides a voltage range between 5V and 20V with a rate of 3A, which enables fast charging. CLICK TO DOWNLOAD SAMPLE REPORT

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Global USB Type-C Market for Airline Industry Regional Synopsis

Regionally, the global USB Type-C market for airline industry is segmented into five major regions comprising of North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa. Among the markets in these regions, the market in the Asia Pacific is anticipated to hold the largest share and further attain a revenue of USD 5460.7 thousand by the end of 2028. The market in the region is also expected to grow with the highest CAGR of 13.5% during the forecast period. The market is further segmented by country into China, India, Japan, South Korea, Vietnam, Singapore, Australia, and Rest of Asia Pacific. Out of these, the market in China is expected to hold the largest share of 46.02% by the end of 2028 and further gain a revenue of USD 2513 thousand in the same year. The market in Vietnam, on the other hand, is expected to grow with the highest CAGR of 15.2% during the forecast period. Further, the market in North America is expected to hold the second leading stance by registering a revenue of USD 5242.5 thousand by the end of 2028. The growth of the market in the region can be attributed to the increasing number of consumer electronic brands, such as Philips, Panasonic, Samsung, and others, who are switching to USB Type-C connectivity in the electronic devices.

Growth Drivers and Challenges Impacting the Growth of the Global USB Type-C Market for Airline Industry

Growth Drivers

  • Growing Demand for USB Type-C Devices

Challenges

  • Limited Power Supply in Aircrafts

Global USB Type-C Market for Airline Industry Segmentation Synopsis

The global USB Type-C market for airline industry is segmented by port type into USB 2.0, 3.0, 3.1, 3.2, and others, out of which, the USB 2.0 segment is expected to hold the largest market share throughout the forecast period and further gain a revenue of USD 11238.5 thousand by the end of 2028. The growth of the segment can primarily be attributed to the presence of a large number of devices in the market that are equipped with USB 2.0 technology. Alternatively, the USB 3.2 segment is expected to grow with a significant CAGR of 29.1% during the forecast period. The USB 3.2 is the updated version of the previously launched USB 3.1, and it offers data transfer speed of up to 10Gbps. The market is further segmented by aircraft type into commercial aircraft, private, and others. Amongst these segments, the commercial aircraft segment is expected to hold the largest market share and attain a revenue of USD 13516.4 thousand by the end of 2028. The growth of the segment can primarily be attributed to the rise in the number of commercial aircrafts worldwide, backed by the need to transport the increasing number of passengers. According to the statistics by the International Civil Aviation Organization (ICAO), the total number of passengers carried on scheduled services grew by 3.6% between 2018 and 2019 to reach 4.5 billion in the year 2019. The statistics also stated that the number of departures witnessed growth by 1.7% between the same period. Based on application, the market is segmented into charging and entertainment, out of which, the charging segment is expected to hold the largest market share and further grow with the highest CAGR of 12.3% during the forecast period.

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Key Players Dominating the Market

Our report has covered detailed company profiling comprising company overview, business strategies, key product offerings, financial performance, key performance indicators, risk analysis, recent developments, regional presence, and SWOT analysis among other notable indicators for competitive positioning. Some of the prominent industry leaders in the global USB Type-C market for airline industry that are included in our report 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.

Key Reasons to Buy Our Report

  • The report covers detailed analysis comprising market share attained by each market segment and its sub-segments.
  • It covers market dynamics including growth drivers, trends, potential opportunities, price trend analysis and challenges that impact the market growth.
  • The report includes detailed company profiles of the major players dominating the market.
  • We use effective research methodologies to calculate the market numbers and provide value-added assessment for overall growth.
  • We provide customized reports as per the clients’ requirement helping them to see possible and unexpected challenges and unforeseen opportunities in order to help them reach their goal.

 

FREQUENTLY ASKED QUESTIONS

Global USB Type-C Market for Airline Industry TOC

  1. Market Definition
    1. Market Definition
    2. Market Segmentation
    3. Assumptions
  2. Research Methodology
    1. Research objective
    2. Research process
    3. Market size methodology
  3. Executive Summary- Global USB Type-C Market for Airline Industry
  4. Analysis of Market Dynamics
    1. Drivers
    2. Restraints
    3. Opportunities
    4. Trends
  5. Industry Analysis
    1. Industry Value Chain Analysis
    2. Covid-19 Impact Analysis
    3. Airline Industry Analysis
    4. Air Passenger Analysis
  6. Global USB Type-C Market for Airline Industry Outlook
    1. Global USB Type-C Market for Airline Industry Overview and Segmentation by:
      1. Port type, 2019-2028F (in USD Million)
      2. Aircraft type, 2019-2028F (in USD Million)
      3. Application, 2019-2028F (in USD Million)
      4. Region, 2019-2028F (in USD Million)
  7. North America USB Type-C Market for Airline Industry Outlook
    1. Port type, 2019-2028F (in USD Million)
    2. Aircraft type, 2019-2028F (in USD Million)
    3. Application, 2019-2028F (in USD Million)
    4. Country-wise USB Type-C Market for Airline Industry
  8. Europe USB Type-C Market for Airline Industry Outlook
    1. Port type, 2019-2028F (in USD Million)
    2. Aircraft type, 2019-2028F (in USD Million)
    3. Application, 2019-2028F (in USD Million)
    4. Country-wise USB Type-C Market for Airline Industry
  9. Asia Pacific USB Type-C Market for Airline Industry Outlook
    1. Port type, 2019-2028F (in USD Million)
    2. Aircraft type, 2019-2028F (in USD Million)
    3. Application, 2019-2028F (in USD Million)
    4. Country-wise USB Type-C Market for Airline Industry
  10. Latin America USB Type-C Market for Airline Industry Outlook
    1. Port type, 2019-2028F (in USD Million)
    2. Aircraft type, 2019-2028F (in USD Million)
    3. Application, 2019-2028F (in USD Million)
    4. Country-wise USB Type-C Market for Airline Industry
  11. Middle East & Africa USB Type-C Market for Airline Industry Outlook
    1. Port type, 2019-2028F (in USD Million)
    2. Aircraft type, 2019-2028F (in USD Million)
    3. Application, 2019-2028F (in USD Million)
    4. Country-wise USB Type-C Market for Airline Industry
  12. Competitive Structure
    1. Astronics Corporation
    2. AAR Corp.
    3. Mid-Continent Instrument Co., Inc. (True Blue Power)
    4. Imagik Corporation
    5. Appareo Systems, LLC
    6. Burrana
    7. IFPL Group Limited
    8. Inflight Canada
    9. Kid-Systeme GmbH
    10. Eirtech Aviation Services
  13. Analyst Recommendation

 


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