USB Retimer Market Research, 2031
The global USB retimer market was valued at $270.96 million in 2021, and is projected to reach $1.4 billion by 2031, growing at a CAGR of 17.9% from 2022 to 2031.
Retimer (redriver) is a mixed digital device that helps in recovering data, cleaning the noises or jitters in the signal, and improving the signal quality. Retimer and redriver provide a cost-effective option to provide high-speed internet access to all. Retimer is often termed as the best performance single conditioner. It is beneficial in canceling all unwanted noise and compensating for the channel loss. The growth of wireless communication and the telecom industry and the evolution of ethernet are aiding the growth of the retimer market.
Segment Overview
The USB retimer market is segmented into type, application and region. On the basis of type, the market is divided into USB 3.0, USB 3.1, USB 3.2, USB 4, and others. The USB 3.2 segment was the highest revenue contributor to the market in 2021.
On the basis of application, it is divided into servers, storage applications, and others. The servers segment was the highest revenue contributor to the market in 2021.
Region-wise, the USB retimer market trends are analyzed across North America (the U.S. and Canada), Europe (UK, Germany, France, and rest of Europe), Asia-Pacific (China, Japan, India, and rest of Asia-Pacific) and LAMEA (Latin America, the Middle East, and Africa). North America, specifically the U.S., remains a significant participant in the global USB retimer market. Major organizations and government institutions in the country are intensely putting resources into the technology.
The USB retimer market share in the Asia-Pacific region is expected to grow at a rapid pace due to recent innovations and market demands. China and Japan are the leading countries in this region, owing to the extensive development of manufacturing units, government support, and increase in R&D. The economic boom in Asian countries, cheap labor, and incorporation of technology led to the growth of the electronics industry in this region. Moreover, the presence of key players also contributes to revenue generation. The availability of raw materials and equipment has also boosted the products sales. The bigger population in this region also plays an integral role as it creates market space for the growth of the USB retimer market share.
Several players in the market are using acquisition strategies to build their business portfolios and strengthen their market position. Partnerships and collaborations are among the common strategies adopted by companies. Key market players are making R&D investments to bring advanced technologies and solutions to the market.
Significant factors that impact the growth of the USB retimer industry positively include increase in demand for ethernet and bandwidth. Moreover, rise in the number of data centers to increase the application of retimers is expected to drive the growth of the market. Increase in integration of retimers in USB4 will also boost the products demand and offer potential growth opportunities for the USB retimer market growth. However, higher data rates might hamper the growth of the market.
Competitive Analysis
Competitive analysis and profiles of the major market players, such as Parade Technologies Ltd., Texas Instruments Inc., Intel Corporation, Diodes Incorporated, NXP Semiconductors, Microchip Technology Inc., Kandou Bus SA, Astera Labs Inc., Montage Technology, and Analogix Semiconductor are provided in this report.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the USB retimer market analysis from 2021 to 2031 to identify the prevailing USB retimer market opportunity.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the USB retimer market assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global market trends, key players, market segments, application areas, USB retimer market forecast and market growth strategies.
USB Retimer Market Report Highlights
Aspects | Details |
Market Size By 2031 | USD 1.4 billion |
Growth Rate | CAGR of 17.9% |
Forecast period | 2021 - 2031 |
Report Pages | 195 |
By LAMEA |
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By Type |
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By Application |
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By North America |
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By Europe |
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By Asia-Pacific |
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Key Market Players | NXP Semiconductors, Kandou Bus SA, Microchip Technology Inc., Texas Instruments Inc., Parade Technologies Ltd., Astera Labs Inc., Intel Corporation, Montage Technology, Analogix Semiconductor, Diodes Incorporated |
Analyst Review
The USB retimer market is expected to to grow at a significant rate owing to its rapid adoption in IT & telecommunication and consumer electronics industries. The current business scenario has witnessed an increase in demand for retimers, particularly in developing regions, owing to rising adoption of USB retimers in data centers. Companies in this industry have adopted various innovative techniques such as mergers and acquisitions to strengthen their business position in the competitive matrix.
The USB retimer market has steadily gained traction, owing to rise in demand for enhanced technologies in telecommunication across industries and integration of IoT and AI in different industrial applications, including servers, storage applications, and others.
Apart from USB retimer manufacturing companies operating in the market, service providers are also key participants and contribute toward the growth of the overall USB retimer market. Service providers use different technologies and materials to provide customized USB retimer products. Key players profiled in the report include USB retimer market players, such as Parade Technologies, Ltd., Texas Instruments Inc., Intel Corporation, Diodes Incorporated, NXP Semiconductors, Microchip Technology Inc., Kandou Bus SA, Astera Labs, Inc., Montage Technology, and Analogix Semiconductor.
The USB Retimer Market is expected to grow at a CAGR of 17.87% during the forecasted period.
Major applications of the USB Retimer are in servers, storage applications and others.
North America is estimated to be the largest regional market for USB Retimer in 2021.
The industry size of the global USB retimer market was valued at $271.0 million in 2021
The major players in the USB Retimer Market include Parade Technologies, Ltd., Texas Instruments Inc., Intel Corporation, Diodes Incorporated, NXP Semiconductors and others.
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