The article cited AMA's Global GaN powered Chargers Market Study explored substantial growth with CAGR of 24.8%. According the report, Increasing Adoption for Charging Smartphones & Tablets and Laptop Devices Due To Their High Efficiency and High Energy Density
is one of the primary growth factors for the market. The Rising Demand for Fast Charging Speed
is also expected to contribute significantly to the GaN powered Chargers market. Overall, Smartphones & Tablets
applications of GaN powered Chargers, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as Xiaomi Corporation (China), Koninklijke Philips N.V. (Netherlands), Belkin International, Inc. (United States), GaN Systems Inc. (Canada), Baseus (Shenzhen Times Innovation Technology Co. Ltd.) (China), RAVPower (Sunvalley Group) (China) and Anker Innovations Technology (China) may see astonishing sales in this Market and certainly improve revenue growth.
The Distribution Channel, such as Online, is boosting the GaN powered Chargers market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Power Output, such as 25W GaN Chargers, is boosting the GaN powered Chargers market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global GaN powered Chargers market identified that the demand is rising in many different parts of the world as "The Integration of Technologies Such As the Internet of Things (IoT), Machine Learning, Artificial Intelligence (AI), and Others
". Furthermore, some recent industry insights like "In November 2020, GaN Systems expanded the power market with evaluation kits for GaN power modules such as the 100 V driver GaN DC / DC power stage module, the 650 V 150 A half-bridge IPM, the 650 V 150 A full-bridge module, and the driver and the 650-V-300-A-3-phase driver module and driver. GaN modules fill common areas with superior system performance." is constantly making the industry dynamic. One of the challenges that industry facing is "Lack of Standardization Regarding the Technology and Components and Quality Concerns Regarding Packaging of High-Temperature Electronics"
The report provides an in-depth analysis and forecast about the industry covering the following key features:
Detailed Overview of GaN powered Chargers market will help deliver clients and businesses making strategies. Influencing factors that thriving demand and latest trend running in the market What is the market concentration? Is it fragmented or highly concentrated? What trends, challenges and barriers will impact the development and sizing of GaN powered Chargers market SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights. What growth momentum or downgrade market may carry during the forecast period? Which region may tap highest market share in coming era? What focused approach and constraints are holding the GaN powered Chargers market tight? Which application/end-user category or Product Type [] may seek incremental growth prospects? What would be the market share of key countries like Germany, USA, France, China etc.?
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the GaN powered Chargers market and other related sub-markets covered in the study.
o Key & emerging players in the GaN powered Chargers market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall GaN powered Chargers market size is calculated using market estimation process, the GaN powered Chargers market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global GaN powered Chargers market size has been validated using both top-down and bottom-up approaches.