- USB power switches are employed to charge electronic devices. They are also called power management devices. Electronic devices can be charged on electronic USB ports on multiple devices including docking stations and computers.
- USB power switches keep tabs on the device current. When the current is below the permissible limit, the device latch gets switched off.
- USB power switches come with different safety features such as internal protection from thermal overload. They are primarily used to control both temperature of the junction and power dissipation at a safe level. Furthermore, USB power switches also help in safeguarding the input supply from the overload of power supply.
Growing Use of USB Power Switches in Automotive Industry Boosting Global USB Power Switches Market
- USB power switches generally come with the AECQ-100 specification, which implies that they are qualified for use in automotive applications
- USB power switches help in managing automotive applications while limiting the overloaded current. This helps in circuit protection during short circuiting.
- USB power switches hold importance, as USB is a key industry standard that defines various communication protocols. These protocols are used in managing the communication between various electronic devices. Moreover, in the automotive industry, USBs handle data transmission around a vehicle.
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Asia Pacific to Lead Global USB Power Switches Market
- In terms of region, the global USB power switches market can be divided into North America, Europe, Asia Pacific, South America, and Middle East & Africa
- Asia Pacific is anticipated to dominate the global USB power switches market throughout the forecast period, as several manufacturers of USB power switches operate in the region and they are constantly investing in the development of technologically advanced products to be used in several industry verticals, especially automotive and consumer electronics. Moreover, Asia Pacific is home to a large number of well-established players operating in the USB power switches Countries such as China, Japan, South Korea, and India hold a major share of the market in the region. Furthermore, expanding presence of players in the consumer electronics sector and steady growth of consumer electronics and automotive industries in the region, especially in China, are factors expected to boost the market for USB power switches in Asia Pacific during the forecast period.
- The USB power switches market in North America and Europe is expected to expand at a substantial rate during the forecast period. The market is these regions is propelled by increasing adoption of industrial automation and emergence of smart vehicles in countries such as the U.S., Germany, France, and the U.K. On the other hand, the market in Middle East & Africa and South America is estimated to expand at a moderate rate during the forecast period.
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Key Players Operating in Global Market
The global USB power switches market was highly fragmented in 2018. Major players operating in the global market are focusing on technological advancements and development of new products to meet the risen demand for USB power switches.
Key players operating in the global USB power switches market are:
- Texas Instruments Incorporated
- Maxim Integrated
- Diodes Incorporated
- Microchip Technology Inc.
- NXP Semiconductors
- TE Connectivity
- STMicroelectronics
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