Fast Charging Drives 80% Of Global Smartphone Sales In Q1: Report

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Fast Charging Drives 80% Of Global Smartphone Sales In Q1: Report


New Delhi: The gross sales of quick charging-based (over 10 watts) smartphones accounted for nearly 80 p.c of the worldwide smartphone market within the first quarter (Q2) of 2023, in comparison with 74 p.c in Q1 2022 and 29 p.c in Q1 2018, a brand new report confirmed on Thursday.

According to Counterpoint Research, the growing adoption of quick charging-capable smartphones is attributed to rising smartphone utilization and steady developments in {hardware}. (Also Read: SBI Special FD Scheme: Double Your Money By Investing In This Fixed Deposit)

Chinese smartphone manufacturers are main this pattern by introducing higher-wattage charging throughout completely different worth factors. (Also Read: Best Headphones Deals In July 2023)

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“Chinese brands are leveraging fast charging as a selling point to attract consumers. For instance, realme and Xiaomi offer smartphones with power capabilities exceeding 200W. Furthermore, Xiaomi and OPPO recently showcased smartphones with an impressive 300W fast charging capability. These brands aim to provide extremely fast charging speeds, enabling users to charge their phones within a few minutes,” stated Senior Analyst Karn Chauhan.

Moreover, the report talked about that smartphone manufacturers are specializing in making fast-charging know-how reasonably priced.

“Smartphone brands are embedding fast charging into their lower-priced models as a differentiating factor. While fast charging has already become a standard feature in the >$200 price segment, smartphone brands are now focusing on providing higher-power charging in this segment to achieve the fastest charging speeds,” stated Chauhan.

In Q1 2023, the typical energy for fast-charging smartphones globally reached 34W, in comparison with 30W in Q1 2022 and 18W in Q1 2018.

Smartphones with greater than 30W of energy can cost a very depleted telephone in about an hour. Charging a smartphone in an hour could be a robust promoting level for smartphone producers, the report stated.

Chinese smartphone producers are main this pattern by introducing higher-wattage charging at varied worth factors, significantly within the Chinese market, the place the typical energy is 50W. Brands equivalent to Apple and Samsung, alternatively, have prioritised battery security and total efficiency over pushing for higher-power chargers.





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