North America Automotive Chargers and USB Data Hubs Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Media Hub and Charge Port) and Connectivity (Wired and Wireless)
Market Introduction
The US, Canada, and Mexico are the major economies in North America that have witnessed growth in their automotive industry. The region has the largest vehicle industry due to the presence of many car manufacturers. Increased supply of passenger cars and light commercial vehicles is expected to increase the demand of car accessories. North America is witnessing an exponential rise in the vehicle production in past a few years owing to favorable economic conditions and government initiatives to promote safety while driving and reducing road accidents. These factors have helped in improving the economy and increasing disposable income of consumers. Therefore, with the boosted demand for improved performance and luxury cars in North America, the demand for different USB ports and car chargers will grow in coming years. Electric vehicles are projected to play an increasingly important role in North American transportation networks due to falling electric vehicle prices and increased acceptance by the costumers. Studies claim that electric vehicles would account for at least 65% of overall car purchases in the US by 2050. For instance, in 2020, the automobile industry in the US, delivered almost 14.5 million light vehicle units. The rising vehicle sales is a key enabler for the automotive market, especially in the US and Canada. The rising demand for electric cars is expected to create lucrative growth opportunities for the sales of USB ports. Also, growing disposable income of individuals is propelling the demand and supply of car accessories. With the rising penetration of smart features and vehicle connectivity, the scope of wireless charging pads is gaining momentum. Massive production of car units is projected to positively influence the demand of car chargers.
North America is known for the highest rate of adoption of advanced technologies due to favorable government policies to boost innovation and strengthen infrastructure capabilities. As a result, any factor affecting performance of industries in the region hinders its economic growth. Currently, the US is the world's worst-affected country due to the COVID-19 outbreak, which has led the US government to impose several limitations on industrial, commercial, and public activities in the country, to control the spread of infection. The four megatrends of connected autonomous, electrified, and shared driving produce significant technological and business model changes in the automotive sector. The ‘Detroit 3' automakers (and other OEMs) followed suit and halted production in the US, Canada, and Mexico. Due to unprecedented lockdowns of vehicle operations in industries, corporate sectors, and commercial companies, followed by mobility restrictions, the market for automotive chargers and USB data hubs is currently experiencing a demand shortfall. However, with the economic activities regaining their pace, the automotive chargers and USB data hubs market is expected to steadily revive.
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Market Overview and Dynamics
The automotive chargers and USB data hubs market in North America is expected to grow from US$ 27.26 million in 2021 to US$ 34.34 million by 2028; it is estimated to grow at a CAGR of 3.4% from 2021 to 2028. Wireless charging in cars is being touted as a fast-emerging solution for modern automobiles. The popularity and demand for faster in-car wireless charging is expected to grow further in the coming years. The introduction of advanced wireless charging systems with Increased efficiency has resulted in the rise in their acceptance in both luxury and mid-range automobiles. Automakers are implementing in-car wireless charging systems to provide luxurious amenities in automobiles, which were limited to high-end car models earlier. Rise in competitive rivalry among manufacturers has compelled them provide high-end features such as in-car wireless charging systems in their medium-range vehicles to attract a larger number of customers. This is expected to be emerge as a profitable trend in the car chargers and data USB hubs market during the forecast period.
Key Market Segments
The North America automotive chargers and USB data hubs market is segmented on the bases of type, connectivity, and country. Based on type, the market is segmented into media hub and charge point. Charge point segment held the largest market share in 2020. Based on connectivity, the market is segmented into wired and wireless. Wired segment held the largest market share in 2020. Based on country, the North America automotive chargers and USB data hubs market is segmented into US, Canada, and Mexico. US held the largest market share in 2020.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the automotive chargers and USB data hubs market in North America are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Aircharge; Amphenol Tecvox; Harman International; INFINEON TECHNOLOGIES AG; Japan Aviation Electronics Industry, Ltd.; Microchip Technologies, Inc.; Molex, LLC.; and Monolithic Power Systems, Inc.
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- To understand the North America automotive chargers and USB data hubs market landscape and identify market segments that are most likely to guarantee a strong return.
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- Obtain market revenue forecast for market by various segments from 2021-2028 in North America region.
North America Automotive Chargers and USB Data Hubs Market Segmentation
North America Automotive Chargers and USB Data Hubs Market - By Type
- Media Hub
- Charge Port
North America Automotive Chargers and USB Data Hubs Market - By Connectivity
- Wired
- Wireless
North America Automotive Chargers and USB Data Hubs Market - By Country
- US
- Canada
- Mexico
North America Automotive Chargers and USB Data Hubs Market - Company Profiles
- Aircharge
- Amphenol Tecvox
- Harman International
- INFINEON TECHNOLOGIES AG
- Japan Aviation Electronics Industry, Ltd.
- Microchip Technologies, Inc.
- Molex, LLC.
- Monolithic Power Systems, Inc.
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Automotive Chargers and USB Data Hubs Market Landscape
4.1 Market Overview
4.2 North America PEST Analysis
4.2.1 North America PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. North America Automotive Chargers and USB Data Hubs Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Automotive Infotainment Getting Popular
5.1.2 Automotive Production on Rise
5.2 Market Restraints
5.2.1 Issues Related to Current Requirements of Portable Devices
5.3 Market Opportunities
5.3.1 In-Vehicle Smart Chargers Following Device Standards Being Incorporated
5.4 Future Trends
5.4.1 Quick In-Car Wireless Charging
5.5 Impact Analysis
6. Automotive Chargers and USB Data Hubs Market– North America Analysis
6.1 North America Automotive Chargers and USB Data Hubs Market Overview
6.2 North America Automotive Chargers and USB Data Hubs Market Forecast and Analysis
7. North America Automotive Chargers and USB Data Hubs Market Analysis – By Type
7.1 Overview
7.2 North America Automotive Chargers and USB Data Hubs Market Breakdown, by Type, 2020 & 2028
7.3 Media Hub
7.3.1 Overview
7.3.2 North America Media Hub Automotive Chargers and USB Data Hubs Market Revenue Forecast to 2028 (US$ Million)
7.3.2.1 USB 2.0 Overview
7.3.2.1.1 North America USB 2.0 Automotive Chargers and USB Data Hubs Market Revenue Forecast to 2028 (US$ Million)
7.3.2.2 USB type-C Overview
7.3.2.2.1 North America USB type-C Automotive Chargers and USB Data Hubs Market Revenue Forecast to 2028 (US$ Million)
7.3.2.3 Others Overview
7.3.2.3.1 North America Others Automotive Chargers and USB Data Hubs Market Revenue Forecast to 2028 (US$ Million)
7.4 Charge Port
7.4.1 Overview
7.4.2 North America Charge Port Automotive Chargers and USB Data Hubs Market Revenue Forecast to 2028 (US$ Million)
8. North America Automotive Chargers and USB Data Hubs Market Analysis – By Connectivity
8.1 Overview
8.2 North America Automotive Chargers and USB Data Hubs Market Breakdown, by Connectivity, 2020 & 2028
8.3 Wired
8.3.1 Overview
8.3.2 North America Wired Automotive Chargers and USB Data Hubs Market Revenue Forecast to 2028 (US$ Million)
8.4 Wireless
8.4.1 Overview
8.4.2 North America Wireless Automotive Chargers and USB Data Hubs Market Revenue Forecast to 2028 (US$ Million)
9. North America Automotive Chargers and USB Data Hubs Market –Country Analysis
9.1 Overview
9.1.1 North America: Automotive Chargers and USB Data Hubs Market- by Key Country
9.1.1.1 US: Automotive Chargers and USB Data Hubs Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.1.1 US: Automotive Chargers and USB Data Hubs Market- by Type
9.1.1.1.1.1 US: Automotive Chargers and USB Data Hubs Market, By Media Hub
9.1.1.1.2 US: Automotive Chargers and USB Data Hubs Market- By Connectivity
9.1.1.2 Canada: Automotive Chargers and USB Data Hubs Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.2.1.1 Canada: Automotive Chargers and USB Data Hubs Market, By Media Hub
9.1.1.2.2 Canada: Automotive Chargers and USB Data Hubs Market- by Type
9.1.1.2.3 Canada: Automotive Chargers and USB Data Hubs Market- By Connectivity
9.1.1.3 Mexico: Automotive Chargers and USB Data Hubs Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.3.1 Mexico: Automotive Chargers and USB Data Hubs Market- by Type
9.1.1.3.1.1 Mexico: Automotive Chargers and USB Data Hubs Market, By Media Hub
9.1.1.3.2 Mexico: Automotive Chargers and USB Data Hubs Market- By Connectivity
10. North America Automotive Chargers and USB Data Hubs Market- COVID-19 Impact Analysis
10.1 North America
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 Merger and Acquisition
12. Company Profiles
12.1 INFINEON TECHNOLOGIES AG
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Harman International
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Molex, LLC
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Monolithic Power Systems, Inc.
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Japan Aviation Electronics Industry, Ltd.
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Amphenol Tecvox
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Air charge
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Microchip Technologies, Inc.
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary
LIST OF TABLES
Table 1. North America Automotive Chargers and USB Data Hubs Market, Revenue and Forecast to 2028 (US$ Million)
Table 2. US: Automotive Chargers and USB Data Hubs Market- by Type –Revenue and Forecast to 2028 (US$ Million)
Table 3. US: Automotive Chargers and USB Data Hubs Market, By Media Hub –Revenue and Forecast to 2027 (US$ Million)
Table 4. US: Automotive Chargers and USB Data Hubs Market- By Connectivity –Revenue and Forecast to 2028 (US$ Million)
Table 5. Canada: Automotive Chargers and USB Data Hubs Market, By Media Hub – Revenue and Forecast to 2027 (US$ Million)
Table 6. Canada: Automotive Chargers and USB Data Hubs Market- by Type –Revenue and Forecast to 2028 (US$ Million)
Table 7. Canada: Automotive Chargers and USB Data Hubs Market- By Connectivity –Revenue and Forecast to 2028 (US$ Million)
Table 8. Mexico: Automotive Chargers and USB Data Hubs Market- by Type –Revenue and Forecast to 2028 (US$ Million)
Table 9. Mexico: Automotive Chargers and USB Data Hubs Market, By Media Hub – Revenue and Forecast to 2027 (US$ Million)
Table 10. Mexico: Automotive Chargers and USB Data Hubs Market- By Connectivity –Revenue and Forecast to 2028 (US$ Million)
Table 11. Glossary of terms, North America Automotive Chargers and USB Data Hubs Market
LIST OF FIGURES
Figure 1. North America Automotive Chargers and USB Data Hubs Market Segmentation
Figure 2. North America Segmentation of Automotive Chargers and USB Data Hubs Market
Figure 3. North America Automotive Chargers and USB Data Hubs Market Overview
Figure 4. Charge Port Segment Held the Largest Market Share in 2020
Figure 5. Wired Segment Held the Largest Market Share in 2020
Figure 6. North America Automotive Chargers and USB Data Hubs Market, by Country
Figure 7. North America Automotive Chargers and USB Data Hubs Market– Ecosystem Analysis
Figure 8. Impact Analysis of Drivers and Restraints
Figure 9. North America Automotive Chargers and USB Data Hubs Market Forecast and Analysis (US$ Million)
Figure 10. North America Automotive Chargers and USB Data Hubs Market Breakdown, by Type, Value, 2020 & 2028 (%)
Figure 11. North America Media Hub Automotive Chargers and USB Data Hubs Market Revenue Forecast (US$ Million)
Figure 12. North America USB 2.0 Automotive Chargers and USB Data Hubs Market Revenue Forecast (US$ Million)
Figure 13. North America USB type-C Automotive Chargers and USB Data Hubs Market Revenue Forecast (US$ Million)
Figure 14. North America Others Automotive Chargers and USB Data Hubs Market Revenue Forecast (US$ Million)
Figure 15. North America Charge Port Automotive Chargers and USB Data Hubs Market Revenue Forecast (US$ Million)
Figure 16. North America Automotive Chargers and USB Data Hubs Market Breakdown, by Connectivity, Value, 2020 & 2028 (%)
Figure 17. North America Wired Automotive Chargers and USB Data Hubs Market Revenue Forecast (US$ Million)
Figure 18. North America Wireless Automotive Chargers and USB Data Hubs Market Revenue Forecast (US$ Million)
Figure 19. North America: Automotive Chargers and USB Data Hubs Market, by Key Country – Revenue (2020) (US$ Million)
Figure 20. North America: Automotive Chargers and USB Data Hubs Market Revenue Share, by Key Country (2020 and 2028)
Figure 21. US: Automotive Chargers and USB Data Hubs Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. Canada: Automotive Chargers and USB Data Hubs Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. Mexico: Automotive Chargers and USB Data Hubs Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. Impact of COVID-19 Pandemic in North America Countries
- Aircharge
- Amphenol Tecvox
- Harman International
- INFINEON TECHNOLOGIES AG
- Japan Aviation Electronics Industry, Ltd.
- Microchip Technologies, Inc.
- Molex, LLC.
- Monolithic Power Systems, Inc.
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