Quick Charge Devices/Adapters Market – Overview
Quick charge devices are used for charging powered devices,
mainly mobile phones. Compared to typical devices that have 5 volts and 2 amps
specifications, quick charge devices are used to charge devices more quickly
and efficiently. New versions of quick chargers or adapters, such as Quick
Charge 1.0, Quick Charge 2.0, Quick Charge 3.0, Quick Charge 4.0, and Quick
Charge 4.0+ developed by Qualcomm are in high demand across applications. Fast
charging is the trend of the day; therefore, equipment providers are developing
devices with the capability to quickly charge mobile phones or other devices.
Quick charge devices or adapters are also deployed in electric vehicles.
Major vendors operating in the quick
charge devices/adapters market include:
Qualcomm Incorporated, Zendure, Charge Method Technology, Inc., Anker, Huawei
Technologies Co., Ltd., AT&T, Murata Manufacturing Co., Ltd., and Motorola.
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Earlier, mobile phones had smaller display screens, and
their battery used to last for ten times the duration than that of modern
smartphones. With technological advancement, size of the battery in smartphone
has increased to about triple the size of the battery in older phones.
Smartphones need efficient supply of power for their bigger screens and
multiple applications that run with GPS and Internet connection. Quick charge
devices thus are mainly used to charge smartphones.
Quick Charge Devices/Adapters Market – Trends and
Opportunities
Rise in the trend of fast charging technology and increase
in the use of smartphones across the world are the key drivers of the quick
charge devices/adpaters market. The higher the number of mobile and web
applications we use in our phone in tandem, the harder the phone’s processor has
to work, draining the battery very fast. Manufacturers are enhancing the
devices to provide faster charging speed. Qualcomm developed Quick Charge 4.0
and 4+ that deliver up to 28W of power. More powerful and faster processors are
being developed and added to mobile devices; however, the Lithium Ion batteries
traditionally used to supply power have remained unchanged. Researchers are
working on new types of batteries that are able to handle the strain of
increased processing power, but this is yet to be achieved. So until there is a
breakthrough in the technology, the need to charge devices quickly will always
be there. Furthermore, use of smartphones is projected to rise with growth of
technology. Companies across the globe are investing huge amount of money in
smartphone technology. Attractive subsidy plans from telecom operators, along
with better-designed data and voice packages for different categories of users,
has promoted the use of smartphone. In addition, strong competition among
component manufacturers and handset vendors has also resulted in affordable and
broad range of smartphone models in the market. The marketing of products
invented by companies is also a key restraint. Marketing plays a vital role for
every company as there is lot of competition within the vendors. Quick charge
devices/adapters have significant growth opportunities in the electric vehicles
market.
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