U.S Mobile Phone Charging Market - Forecast(2024 - 2030)

U.S Mobile Phone Charging Market Overview

The U.S Mobile Phone Charging market size in 2021 is estimated to be $2.9 billion and is projected to reach $5.3 Billion in 2027 at a CAGR of 10.5% during the forecast period 2022-2027. A Mobile Phone Charger is generally powered by a stable power supply with the required constant current control circuit pressure limit, limit, etc., in order to provide energy supply to mobile devices like smartphones and laptops. Growing demand for high-end smartphones, increased emphasis on fast charging, shift towards wireless charging technologies and so on have been significantly attributing to the demand for mobile phone chargers in the U.S market. Factors attributing to the market growth include shift towards wireless and fast charging technologies, increased penetration of internet services by smartphone users, growing demand for new high-end smartphones, and many others.

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U.S Mobile Phone Charging Market Report Coverage

The report: “U.S Mobile Phone Charging Market – Forecast (2022-2027)”, by IndustryARC covers an in-depth analysis of the following segments of the U.S Mobile Phone Charging industry.

By Technology: Wired (USB, Mini-USB, Micro USB and Others), Wireless (Inductive Coupling, Magnetic Resonance, Radio Wave, Microwave and Others)

By Functionality: Silicon Battery Charger, GAN Charger, PD Charger, PPS Charger and Others

By Adapter Type: Wall Charger, Car Charger, Power Bank and Portable Power Station

By Number of Ports: Single Port, 2 Ports, 3 Ports and More than 3 Ports

By Wattage: Upto 20W, 20-30W, 30-50W, 50-80W, 80-100W and Above 100W

By Sales Channel: Direct (Online, Offline), Indirect (Online, Offline)

By Application Area: Smartphones, Smartphones and Laptops (Dual Chargers)

By Branding: Branded, Unbranded

By Range: Short Range, Medium Range, Long Range

Key Takeaways

• Different regulatory requirements such as UL Certification and California Proposition 65 which regulates usage of substances that might cause cancer, birth defects, and other reproductive harm in all consumer products, including power banks apply to devices depending upon whether they are classified as Radio Equipment or Industrial Scientific Medical (ISM). It regulates emission of RF Energy emission form wireless chargers in specific frequency band assigned from ISM.
• The Federal Aviation Administration (FAA) issued guidance on portable rechargers or power banks containing a lithium ion battery that those must be packed in carry-on bags. These device such as power adapter, and other in-box accessories have demonstrated Electromagnetic Compatibility (EMC) compliance under conditions that included the use of compliant peripheral devices and shielded cables between system components.
• USB-C is the most used charging technology till date that launched back in 2014, and the promising demand for the smart phones has increased the demand for mobile phone chargers. USB- C based chargers are much faster than old USB-A chargers models and can work with both i-phones and android phones.
• Presently, the wireless chargers have become popular among tech-savvy millennial to charge their smart phone without adding cord to their lives. The cost of basic wireless chargers is less than $25 but some with advanced features can be around in the range of $25 to $60.
• Owing to major crisis over the global economy by covid-19 pandemic, the US Mobile Phone Charging market has experienced some slowdown. The market got disrupted due to the stagnant supply chains, as well as shutting down of several manufacturing plants. However, the imposed lockdown worldwide influenced consumers to increase usage of mobile phones for business and personal purposes which has severely impacted the prospective growth of the market in 2021.

U.S Mobile Phone Charging Market, By Technology

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U.S Mobile Phone Charging Market Segment Analysis – By Technology

Wired segment held the major market share in 2021, with a market size of $2,311.29 million, and estimated to reach $2,880.91 million, with a CAGR of 3.74% during the forecast period. Wireless segment is anticipated to witness the fastest growth of around 24.55% during 2022-2027 in the U.S Mobile Phone Charging Market. This market growth can be driven by factors including technological advancement towards portable charging accessories, high investments on wireless charging accessories from major market players overtime and so on. In September 2020, PNY Technologies had revealed about the launch of dual wireless charging base and a wireless charging stand, as an addition to its growing portfolio. These charging accessories were developed to provide optimal wireless charging for Samsung, LG, Sony, iPhone X, iPhone 8/8 Plus and other Qi-compatible devices. In October 2020, Belkin announced about the launch of its most powerful mobile accessory for optimization of iPhone 12 models, BOOST CHARGE PRO MagSafe 3-in-1 wireless charger. Designed to offer ultra-convenience and ultra-fast wireless charging power upto 15W, this charger supports iPhone 12 mini, iPhone 12, iPhone 12 Pro as well as iPhone 12 Pro Max.

U.S Mobile Phone Charging Market Segment Analysis – By Number of Ports

Single port segment held the major market share in 2021, with a market size of $1613.57 million, and estimated to reach $2883.24 million, with a CAGR of around 10.55% during the forecast period. However, 2 ports is anticipated to account as the fastest growing segment in the U.S mobile phone charging market, with a CAGR of 12.03% during 2022-2027. In July 2021, Satechi had launched 3-port compact powerful USB-C wall chargers within its GaN lineup. Coupled with easy portability and 66W/108 W output, these were designed to an ideal choice for customers having MacBook Air with iPhone, iPad and so on. In June 2020, PNY Technologies had introduced its all-in-one USB-C mini portable dock with nine connection ports, including USB, USB-C, VGA, HDMI, RJ45 inputs and outputs, with SD or microSD slots. This charger was designed to provide a flexible and portable multi-connection with user’s devices or peripherals like Mac or Windows compatible laptops, ensuring workspace optimization and productivity. In May 2019, RAVPower had launched the smallest GaN wall charger, PD Pioneer 61W. This single-port ultra-compact and lightweight charger is capable of charging at unprecedented speeds, through backward compatibility with all USB charged devices like smartphones, laptops, tablets and many others.

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U.S Mobile Phone Charging Market Drivers?

Technological advancement in smartphones towards wireless charging technologies

Growing advancement or technological shift towards wireless charging have eventually helped in transforming smartphone charging processes with much more convenience, reliability, portability, easy integration, and other related benefits. Adoption of wireless chargers for mobile phones help the users to eliminate the need for messy cords, charging plugs or cables, alongside reducing wear and tear of the data interface caused during frequent plugging and unplugging of the charging cable. In September 2020, a U.S based consumer electronics and data storage company, PNY Technologies announced about the launch of two products, dual wireless charging base and a wireless charging stand, as a part of expanding its growing portfolio. Development of dual wireless charging base, was meant to help users charge two devices simultaneously and wireless charging stand for charging smartphones even while on use. As these phone accessories help in offering optimal wireless charging for iPhone X, iPhone 8/8 Plus, Samsung, LG, Sony, and many other Qi-compatible devices with three charging modes, these developments have been eventually helped in boosting the growth of wireless charging in U.S markets.?

In November 2020, one of the leading mobile phone charging market players based in California, Belkin had revealed about its launch of two accessories, namely Boost Charge TrueFreedom Pro wireless charger and Boost Charge UV Sanitizer + Wireless Charger. The Boost Charge TrueFreedom Pro wireless charger act as an elongated flat pad designed to offer 10W of full-surface charging for two Qi-enabled handsets simultaneously, while the UV Sanitizer + Wireless Charger is capable of offering sanitisation with 99.99% bacteria removal with wireless charging services. In July 2021, Apple Inc. announced about the launch of MagSafe battery pack, in order to provide on-the-go wireless charging for its latest iPhone models, iPhone 12 series. This development was done to provide an additional battery life, as it offers automatic wireless charging due to being magnetically attached to the back of the iPhones, while eliminating the need for users to press a button to turn it on. Such factors can be considered highly essential in boosting the growth of wireless mobile phone charging technologies within U.S in the long run.

Growing penetration of smartphones with increased usage of internet connectivity services coupled with smartphone shipment or manufacturing operations?

Growing penetration of smartphones with increased usage of internet connectivity services coupled with smartphone shipment or manufacturing operations act as a major factor boosting the growth of U.S mobile phone charging. Continuous mobile phone usage with connectivity through Wi-Fi, Broadband, Bluetooth and others, causes faster battery drain, which in turn is driving the demand for faster and efficient charging accessories. In May 2020, a nationwide phone service provider, Twigby had revealed about its survey which was conducted in order to analyse phone usage of about 2200 U.S based mobile phone users during the COVID-19 pandemic. This survey report resulted in large increase in app usage, texting, calling and related use cases, attributed to rise in remote learning and work from home trends, with around 39% participants being relied on phones more due to social distancing, alongside 12% planning on purchasing new phone models.?

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According to Canalys’s report, one of the global smartphone manufacturers, Apple had shipped approximately 15 million iPhones in the United States during the second quarter of 2020, a 10% rise compared to Q2 2019. This report showed up Apple and Samsung as the top two smartphones vendors within the country, together accounting for seven out of every ten devices being sold. According to a survey conducted by Pew Research Center, smartphone ownership and home broadband subscriptions have increased among American adults from 81% and 73% in 2019 to 85% and 77% in 2021 respectively. Rising smartphone dependency on internet services like broadband connectivity, have been eventually impacting the market growth of mobile charging in the U.S markets. In October 2021, Google announced about the launch of new smartphones in Pixel series, namely Pixel 6 and Pixel 6 Pro, integrated with Tensor chipset having AI functionalities. Incorporated with powerful camera setup, 12 MP ultra-wide camera, 48 MP telephoto camera, these developments can prove vital in meeting growing smartphone demands within the country.

U.S Mobile Phone Charging Market Challenges

High costs associated with smart mobile phone charging accessories and removal of in-box chargers from some leading smartphone players

With growing adoption of fast charging speed, various manufacturers have started investing on developing such power adapters or cords to drive customer satisfaction. However, based on advanced and smart wireless technologies, manufacturing costs highly impacts its purchasing costs for the end use consumers, thereby slowing down its adoptability. Due to high costs and additional expenses on smart charging products, consumers tend to have a greater preference towards traditional charging for smartphones, irrespective of non-mobility and portability features. Moreover, global smartphone manufacturing companies including Samsung, Apple and others have already showcased their plans on minimizing production costs and reducing e-wastage, by removing chargers. This in turn , has been raising emphasis on reusing of old power cords or adapters, adversely impacting the market growth of new mobile phone chargers.

In July 2020, according to a MacRumors report, Apple had revealed its plans to end offering in-box chargers for the upcoming iPhone lineup. In addition, the company also anticipated to terminate the production of its existing 5W and 18W power adapters, with addition of 20W fast charger to sell separately. Following this, as per a report from Korean news site, ET news, Samsung have been also planning to end its in-box charger offering for some smartphones, starting from next year onwards. As per Apple Store website, the average price of MagSafe charger series ranges $60.55 to $180.03, while iPhone 11 smart battery cases is priced around $173.6. With such pricing, and the need for additional expense on power chargers, various consumers tend to opt for reusing their old power adapters, in place of purchasing new ones.

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