Mobile Phone Charger Market May Set a New Growth Story | Samsung Group, PNY Technologies, Hosiden
Updated · May 17, 2023
Published Via 11Press : Mobile Phone Charger MarketBackground: The prevalence of mobile phones is rising. Mobile use is ubiquitous. It’s becoming more frequent for our cell phone to run out of battery in the middle of an important conversation or, worse, while we’re travelling or in a remote outdoor location where there isn’t a charging facility available. This is due to the increase in mobile internet browsing, gaming, and testing. The demand for portable electronics when there are no power outlets available, such when travelling, on playgrounds, during power outages, at concert halls, etc., charging might be a problem. To solve this issue, this study will employ a novel Compact and Portable Mobile Phone Charging System. When there is no available power source, this gadget may charge your mobile phone anywhere, at any time.
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The global market for mobile phone chargers is anticipated to grow at a CAGR of 8.76% from 2017 to 2029, according to HTF Market Intelligence.
Mobile Phone Charger Market Report Highlights:
|Volume Unit||K Units|
|Value Unit||USD (Million)|
|Dominating Type||Fast Charger|
|Dominating Type % Share||81.84%|
|Customization in Scope||Purchase the Mobile Phone Charger Market research and receive customization. According to practicality, you may include or modify a nation, or area, or acquire a more detailed segmentation in the final output.|
Major players such as:
- Samsung Group
- Spectrum Brands Holdings
- PNY Technologies
- MC Power Companies
- Shenzhen Siyoteam Technology
- Scud Battery
- Shenzhen Yoobao Technology
- MOMAX Technology LTD
Market Major Segments:
- Fast Charger
- Superfast Charger
- Wall Mounted
By Port Type:
- Micro USB
- Type C
By Number of Port:
By Sales Channel:
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- At its core, fast charging is a clever system architecture. This system includes batteries, wires, PMIC integrated power management circuits, charging adapters, and other parts.
- Upgrading the power adapter’s output is insufficient.
- Various manufacturers have already worked on power adapters to increase the charging pace due to technological limitations.
- However, further research and development is needed when quick charging rates increase to 65W or possibly more than 100W.
- If no advancement is achieved, it’s feasible that a device capable of 100W will only be able to charge at 15W.
- Inductive charging is a widespread method for wirelessly charging consumer electronics and electric vehicles.
- The effectiveness of wireless charging is determined by the power available to charge the device with the wireless transmitter’s power.
- Magnetic resonance increases efficiency by allowing power transmission across larger distances between the receiver and the transmitter.
- Rapid urbanisation, digitization, technical improvements, and increased consumer electronics spending are some of the key factors influencing the USB charger market.
- A huge battery that can last all day is required for improved functioning in cell phones with continual Internet connectivity.
- The availability of Internet-based services has boosted electronic device power consumption as a result of growing disposable income in European nations.
Market Growth Drivers:
- Modern USB-C ports are intelligent creatures that have many charging levels. Before the addition of the producers’ own distinctive characteristics, too.
- To start, all USB ports enable charging to some extent at 5V and up to 500mA; more contemporary ports support 5V and 900mA; however, this is based on legacy compatibility, and charging anything but the lowest-power devices is incredibly sluggish.
- Although quicker than current fast-charging standards, USB-C ports may be set with 5V 1.5A and 3A for up to 15W of power, which is still sluggish.
- Before, it was thought that once a smartphone supported high-power charging, that was it.
- High power is no longer required for fast charging. Most smartphones now support the 200W charging rate, which has increased from 20W in just seven years.
- The industry is presently working on 200W, and we are at the “peak” of high-power charging.
- This doesn’t mean there won’t be more rises; they will just be gradual. The focus of competitiveness in the fast-charging business is shifting away from being only a race of speed.
- There will now be a battle to enhance consumers’ charging experiences.
- In addition to the changes described above, a lot of business analysts think wireless charging is taking off.
- In the long run, it may take the place of cable charging if the attention is kept on it.
- The charging pad is incompatible with devices that do not support the Qi wireless charging standard, although wireless charging is handy for devices that accept it.
- Since these devices need external wireless charging, accessory businesses are marketing such choices.
- Compatibility issues arise because different wireless chargers, such as charging pads, charging bowls, and charging boxes, are needed for various devices.
- In instruction to accommodate different objects, a user is forced to buy a great number of wireless chargers.
- Despite the availability of multi-device wireless chargers from some manufacturers, it is anticipated that non-Qi device compatibility would ultimately limit the use of wireless charging technology.
- The manufacturers improved low-impedance fuses, electronic switches made of gallium nitride (GaN), internal series double cells, sandwich safety batteries, and more.
- A few manufacturers are currently emerging new skills to make fast charging safer.
- The sandwich safety battery guards in contradiction of outside pressures that can harm the battery’s internal short circuit.
- The term “sandwich safety battery” refers to the use of cutting-edge technology to plate two layers of aluminium to create a “sandwich” assembly with a coating on both sides.
- All of this will be contained within a five-layer safety protection structure, which will include a cover safety protection layer.
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Data Sources of Mobile Phone Charger Market Study:
- With the help of HTF Market Intelligence Services, it is possible to assess important market trends across a number of international areas.
- Additionally, in order to provide clients and businesses with the possibility to succeed in specialist industries and expand in emerging marketplaces throughout the world, our professionals assume detailed examinations of certain global regions.
- This updated market research study also demonstrates how individuals’ impulsively changing undercurrents impact the market’s growth.
- Our market researchers also carefully review the products and services offered by numerous companies that are fighting for market supremacy.
Against this Stimulating Background, Mobile Phone Charger Market Study on:
— Current conditions and essential features of the mobile phone charger market. HTF Market Intelligence analysts prepared and conducted inspections of the companies in the mobile phone charger corporate to put an end to this. The final picture provides a foundation for understanding and how the mobile phone charger market is anticipated to change.
— Where the trade for mobile phone chargers is profitable. Financial analysis, surveys and expert meetings are used to glean insights.
— How can each business in this broad group of participants negotiate the new reasonable landscape and choose a tactic that positions them to maintain the value they now assert or grab the fresh addressable opportunity?
Craig Francis (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Phone: +1 434 322 0091
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