People often ask about how big the fast-charging market is. 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 the first time fast charging entered the notebook market.
The popularity of fast charging is more thanks to the unification of USB-C type connectors, using a common interface, thus reducing the number of proprietary interfaces and special adapters, but also in the device out of time, reducing the generation of electronic waste, energy saving and environmental protection.
The market for fast charging is more than what we see, there are more applications that we need to explore to expand and popularize fast charging to facilitate our lives.
Fast charging technology is the first to find a breakthrough in the market is the cell phone, charging fast to bring convenience has been deeply rooted in the people. From cell phones, it has gradually covered seven markets, including tablets, laptops, monitors, new energy vehicles, power tools, and IoT devices.
We searched the Internet for some large data analysis institutions’ statistics related to 2020, it should not be ignored that this is only a year of statistics in 2020, does not include this before the past data, so the stock market will also continue to be hot.
Smartphones
The latest data released by IDC, an authoritative market research firm, shows that global smartphone shipments reached 1.29 billion units in 2020. The top three brands in terms of shipments are Samsung, Apple and Huawei, with 266.7 million, 206.1 million and 189 million units shipped respectively.
Among them, Apple’s iPhone 12 series launched in 2020 is a pioneering move to eliminate the standard charger; this model alone has added hundreds of millions of USB PD fast charging devices to the market and unleashed a multi-billion dollar scale market for PD fast charging accessories.
Tablet
Data from Canalys shows that full-year 2020 tablet shipments have reached about 160 million units, with Apple’s tablet shipments estimated at 58.8 million units, up 24 percent from 2019.
In terms of the iPad product line, Apple has launched eight iPads that support USB PD fast charging, and their fast charging power is generally 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.
Laptop
According to Canalys statistics, global computer sales reached 297 million units in 2020, with 235.1 million laptops shipped and about 6,190 desktops.
In the notebook computer shipments, there are several series of products that will be USB Type-C as the standard charging / data interface, equivalent to at least a hundred million units each year to support USB PD fast charging laptop products into the market, with the matching fast charging accessories market prospects have become very promising. Since the notebook support USB PD power supply, mobile power began to support high-power output. Before is for cell phone charging, now mobile power output power has reached 100W, reaching the upper limit of the output power of USB PD, to meet notebook and tablet charging is naturally no problem.
Monitor
With the popularity of USB Type-C, projectors and monitors have also joined the USB-C interface support. Audio and video signals are transmitted through USB Type-C cables, and the audio and video signals are sent to the monitor through the USB-C port of the computer to output the audio and video signals, and the portable monitor can also be powered through the USB port.
With the growing number of notebook shipments, and notebooks using external displays to expand the number of users, consumers are more and more cognizant of the convenience of the display for notebook power. It is only a matter of time before PD fast charging becomes popular for monitors.
The top five PC monitor manufacturers in 2020 are Dell with 26.434 million units and 19.3% market share, TPV with 19.248 million units and 14.1% market share, HP with 18.5 million units and 13.5% market share, Lenovo with 14.361 million units and 10.5% market share and Samsung with 11.754 million units and 8.6% market share. total PC monitors for the year 136 million units were shipped.
Due to the impact of the epidemic, the number of home office, telecommuting and online education users is rapidly increasing worldwide, leading to a more urgent demand for productivity tools from consumers. In addition to purchasing PCs, monitors can also enhance work efficiency and improve the work experience. Not to mention that in certain fields, such as design, creative or gaming entertainment, a great screen is essential.
New Energy Vehicles
In the past two years, the advantages of USB Type-C & USB PD have been gradually explored, and now they have been successively supported by many top automotive electronics manufacturers and started to be used in automotive front-end systems.
According to Sweden’s EV volumes, 3.24 million new energy vehicles will be sold worldwide in 2020, compared to 2.26 million in the same period last year, an increase of 43.36 percent. 2020 saw a 20 percent year-on-year decline in the European car market, but nearly 1.4 million new energy vehicles were registered, an increase of 137 percent over 2019.
Electric tool
Research institute EVTank and Ivey Institute of Economic Research, in conjunction with the China Battery Industry Research Institute, released data on power tool shipments in 2020, with statistics showing that global power tool shipments reached 490 million units in 2020, up 5.3% year-on-year.
With the development trend of miniaturization and convenience of power tools in recent years, the penetration rate of cordless class rechargeable power tools is increasing. Among them, lithium batteries with its high energy density, long cycle life and other advantages in power tools are more and more widely used
IOT Equipment
IDC forecasts smart home device shipments to reach 854 million units in 2020, achieving 4.1 percent year-over-year growth. In the long term, IDC expects global shipments to exceed 1.4 billion units in 2024, representing a five-year compound annual growth rate of 14 percent. IDC says this growth will come from people spending more and continuing to invest in home automation devices and services.
Smart home devices cover a wide range of aspects, not only pointing to a single device or appliance but a collective term for many smart appliances. It covers common smart TVs, smart routers, smart speakers, smart door locks, and lighting devices in daily life, and also includes personal care products, such as razors, electric toothbrushes, beauty instruments, facial cleansers, and even small fans on your desktop. So, by analyzing some of the above data, we should have a preliminary understanding of the volume of the fast-charging market. I also hope that the above analysis can give you a little help.
