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How big is the fast charging market?
2022-12-10      Views:45

People often ask how big is the fast charging market? Today we will talk about this topic. As early as 2015, OPPO first proposed the "5 minutes charging and 2 hours talking" Slogan on smartphones, which became a familiar classic advertising slogan. In the same year, Apple released the first laptop new MacBook that supported USB PD fast charging, which was also the first time fast charging entered the notebook market. In the following years, in the OPPO, Huawei, Xiaomi, Vivo, Meizu and many other manufacturers together to promote fast charging in the consumer power market quickly into the fast lane of development, the market capacity is rapidly growing.


The popularity of fast charging is further aided by the unification of USB-C type connectors, using a common interface, thus reducing the number of proprietary interfaces and dedicated adapters, and also reducing the generation of electronic waste when the device is phased out, saving energy and protecting the environment. The market for fast charging is more than what we see, and there are more applications that we need to explore to expand and popularize fast charging to make our lives easier.


Fast charging technology is the first to find a breakthrough in the market is the cell phone, charging fast to bring the convenience has been deeply rooted in the people. From cell phones, it has gradually covered seven major markets, including tablets, laptops, monitors, new energy vehicles, power tools, and IoT devices.


Through the analysis of the overall shipment data of these seven markets can be seen, smart phones account for the largest proportion, followed by IoT devices, the number of these two terminals each year a total of more than 2 billion units, it can be seen in the era of Internet of everything, but also the need to charge everything. Fast charging will soon cover the market, such as power tools, display volume is also very large, the cumulative size of more than 500 million units, especially the power tool market, the future should not be underestimated.


Here new energy vehicle shipments are only in the millions of units, and so far it has not yet crossed into the volume of 10 million. It is still in the early stages of development, and will also become the main application scenario for fast charging in the future. After all, home, car and office are the three points of life, of which the car is the hub. It should not be overlooked that this is only one year of statistics in 2020, not including the past data before that, so the stock market will also continue to play the residual heat.


The latest data released by authoritative market research agency IDC shows that the global smartphone shipments reached 1.29 billion units in 2020. The top three brands in terms of shipment volume are Samsung, Apple and Huawei, with 266.7 million, 206.1 million and 189 million units shipped respectively. Xiaomi and OPPO also reached 147.8 million and 111.2 million shipments, respectively.


It is understood that Apple has now released 14 iPhone models supporting fast charging since the launch of the iPhone 8 series of phones in 2017. Among them, the iPhone 12 series launched in 2020 is the groundbreaking elimination of the standard charger; this model alone has added hundreds of millions of USB PD fast charging devices to the market and released the market for multi-billion scale PD fast charging accessories.


In the Android cell phone camp, Huawei, Xiaomi, Samsung, OPPO, Vivo, OnePlus, Meizu, Nubia and other cell phone brands have become the second most common fast charging standard outside of the private protocols of each cell phone brand, and released a variety of USB-C interface-based PD fast charging chargers, mobile power and other accessories for this purpose, allowing the versatility of fast charging to be enhanced and accelerating the USB PD & Type-C popularity.


The annual tablet shipments have reached about 160 million units in 2020, with Apple's tablet shipments estimated at 58.8 million units, up 24% from 2019. Samsung's shipments are estimated at 31 million, followed by Huawei and Amazon with 16.3 million and 15.9 million, respectively.


In terms of the iPad product line, Apple has now launched eight iPads that support USB PD fast charging, three of which come standard with 5V non-fast chargers with charging power ranging from 10-12W, and four others with 18W fast chargers and one with 20W fast chargers. And these Apple iPads that support PD fast charging generally have a fast charging power between 25W-30W. In other words, it is necessary to use a PD fast charging charger with a power greater than 30W in order for the iPad to achieve the fastest charging speed. The market retention of the iPad is also invariably stimulating the market demand for higher power fast charging accessories.


The use of fast charging technology in each industry is too much, here not to expand one by one. In short, the future of smart home devices to popularize fast charging, is also a major trend.
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