Industry Background:
The travel charger is used to convert the power and set the appropriate range for the mobile phones to get charge conveniently without heating up. The output is divided into AC and DC types. They are specially designed to work in a lower voltage, 110 volts and at 240 volts too, it provides proper protection against overcharging and overheating. Usually, the ravel chargers consist of at least two ports that can charge the phone and Bluetooth side by side which is actually very important for travelers. The advancement and innovation in charging technology the global travel charger market is growing. However, its effects on the environment and stringent regulatory compliance might be the hindrance to the market.This growth is primarily driven by Growing Number of Travellers and Tourists Across the World and Need for Protecting the Mobile Phone from Overheating and Ensuring Electrical Safety.
Globally, a noticeable market trend is evident The Advent of Travel Chargers with Clever Design and Slim Body
. Major Vendors, such as Koninklijke Philips N.V. (Netherlands), Belkin International, Inc. (United States), HicBest Technology Co. Ltd. (China), Baseus (Hong Kong), RAVPower (United States), Zendure (United States), Satechi (United States), SWISSTEN (Czech Republic), Shenzhen Super Eagle Technology Co. Ltd (China) and Guangzhou BWOO Electronic Co. Limited (China) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Regulatory Insights:
"The United States, the Transportation Security Administration, and the Federal Aviation Administration (FAA) went into precise details about taking power banks on planes: any battery that you take on board should not exceed 100 Wh. External chargers or power banks are also considered to be a battery, and should not surpass a capacity of 27,000 mAh, or in other words, 100 Wh. They also specify that batteries between 101 Wh and 160 Wh need airline approval, and anything above 160 Wh is forbidden on the plane."
Market Drivers
- Growing Number of Travellers and Tourists Across the World
- Need for Protecting the Mobile Phone from Overheating and Ensuring Electrical Safety
Market Trend
- The Advent of Travel Chargers with Clever Design and Slim Body
- Adoption of GaN Technology as a Semiconductor in Travel Chargers
Restraints
- Stringent Regulatory Standards Associated with Travel Chargers
- Adverse Effects of Chargers on Environment
Opportunities
Advancement in Charging Technology will Boost the Market and Rising Online Marketplace will Increase the Travel Charger Market
Challenges
Lack of Electrical Safety Associated with Low-Quality Travel Chargers and The Entry of Many Substitute Players in the Market
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Travel Charger Study Sheds Light on
The Travel Charger Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Travel Charger industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Travel Charger industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.