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The rising usage of USB power switches in the automotive sector is a key factor boosting the product demand. These switches mainly come with the AECQ-100 specification, which implies that they are qualified for use in automotive applications. Also, these switches help in maintaining automotive applications while limiting the over-loaded current, which helps in circuit protection during short-circuiting, which further augments the market growth during the review period.
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Presents a Research Report on USB Power Switches Market The report on the USB Power Switches Market is segmented By Number of Switches (One, Two, Three), By Application (Household, Commercial), and Region - COVID-19 Impact Analysis and Forecast to 2026.This market research report provides in-depth information on trends, dynamics, revenue opportunities, competitive landscape, and recent developments in the global USB power switches market. sales@stratviewresearch.com +1-313-307-4176 www.stratviewresearch.com Market Reports Advisory & Consulting Sourcing Intelligence
The USB Power Switches Market Highlights& Drivers • The rising usage of USB power switches in the automotive sector is a key factor boosting the product demand. These switches mainly come with the AECQ-100 specification, which implies that they are qualified for use in automotive applications. • Also, these switches help in maintaining automotive applications while limiting the over-loaded current, which helps in circuit protection during short-circuiting, which further augments the market growth during the review period. • MarketInsight • By Number: • Based on the number of switches, the USB power switches market is categorized into one, two, and three. The household segment held a significant market share in 2020 and is estimated to register a healthy CAGR during the forecast timeline. • Rapid industrialization, mainly in developing countries, and the growing demand for power & electricity from the residential sectors spur the market growth. Furthermore, a rise in the adoption of USB power with 3 switches to support USB 2.0 and 3.0 standards and to protect from continuous load current, further bolsters the segment growth.
Market Insight & Competitive Insights • By Region: • By region, the Asia Pacific market accounted for a significant share in 2020 and is expected to grow at the highest CAGR in the following years. This is mainly ascribed to the strong presence of consumer electronics and semiconductor companies in South Korea, China, Taiwan, and Japan. • Also, several manufacturers of USB power switches are constantly investing in the development of technologically advanced products to be used in several industry verticals, which further proliferates the regional market growth. • Key Players • Texas Instruments Incorporated (US) • Maxim Integrated (US) • Diodes Incorporated (US) • Microchip Technology Inc. (US) • NXP Semiconductors (Netherlands) • TE Connectivity (Switzerland) • STMicroelectronics (Switzerland) • Richtek Technology Corporation (Taiwan) • RICOH Electronic Devices Co., Ltd. (Japan) • ROHM CO., LTD. (Japan).
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Report Features • This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report: • Market structure: Overview, industry life cycle analysis, supply chain analysis. • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis. • Market trend and forecast analysis. • Market segment trend and forecast. • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc. • Attractive market segments and associated growth opportunities. • Emerging trends. • Strategic growth opportunities for the existing and new players. • Key success factors.
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