About Fast Phone Charger
Fast charging is simply increasing the number of watts that are delivered to a phone’s battery. The growing adoption of fast charging is a response to rising phone usage, with many people having to recharge their phones more than once per day. Increasing phone size needs bigger batteries to keep up with the added power consumption.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Global Fast Phone Charger is a fragmented market due to the presence of various players. The players are investing more in mergers and acquisitions to enhance their market presence. The companies are planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global Fast Phone Charger market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Apple (United States), Samsung (South Korea), Google (United States), OnePlus (China), LG (South Korea), Sony (Japan), Motorola (United States), Huawei (China), Xiaomi (China) and Oppo (China) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Shenzhen Blue Mobo Import & Export Co. (China), Yi jin industrial co .ltd (China), Shunde Light Industrial Products Imp. & Exp. Co., Ltd. (China) and Guangzhou Blue Power Electronic Co., Ltd (China).
Segmentation Overview
AMA Research has segmented the market of Global Fast Phone Charger market by , Application (Android, iOS and Mobile) and Region.
On the basis of geography, the market of Fast Phone Charger has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Watt, the sub-segment i.e. 20W will boost the Fast Phone Charger market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales, the sub-segment i.e. Online will boost the Fast Phone Charger market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Service, the sub-segment i.e. Apple Fast Charging will boost the Fast Phone Charger market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Need for Fast Charging for the Devices
Market Growth Drivers:
Increasing Usage of Mobile Phones
Restraints:
Fast Chargers could leave Significant Damage to Smartphone
Opportunities:
Widespread Adoption of Fast Charging
Market Leaders and their expansionary development strategies
In September 2023, StoreDot and Eve Energy signed a manufacturing agreement to bring StoreDot's innovative extreme fast-charging battery technology to Europe.
In November 2023, Samsung SDI debuted its Gen5 battery with higher nickel content and optimized electrolyte structure, enabling faster charging rates alongside increased range and efficiency.
Key Target Audience
Fast Phone Charger Providers, Regulatory Bodies, Potential Investors, Research and Development Institutes and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.