GaN Charger Market by Number of Ports (Single Port GaN Charger and Multi-port GaN Charger), by Power Output (Upto 30W, 31W to 65W, 66W to 100W, and Above 100W), and by Sales Channel (Online and Offline)– Global Opportunity Analysis and Industry Forecast, 2024–2030
GaN Charger Market was valued at USD 1.10 billion in 2023, and is slated to reach USD 4.22 billion by 2030, due to rising smartphone adoption globally.
The GaN Charger Market size was valued at USD 1.10 billion with 20,089 thousand units in 2023, and is predicted to reach USD 4.22 billion with 96,776 thousand units by 2030, with a CAGR of 15.6% from 2024 to 2030.
The rapidly growing smartphone and laptop adoption across the globe is the major factor driving the growth of the GaN charger market. As smartphones become indispensable tools for communication, productivity, and entertainment, users increasingly demand charging solutions that can effectively cater to the advanced specifications and resource-intensive functionalities of these devices. GaN chargers, with their ability to deliver higher power outputs and facilitate faster and more efficient charging, positioning it as a major contributor to the continually expanding smartphone ecosystem.
Moreover, the global rise in disposable income is leading to increased spending on essential electronic devices such as smartphones, tablets, and laptops. This financial growth is driving a preference for high-end gadgets that enhance productivity and connectivity, consequently boosting the demand for Gallium Nitride (GaN) chargers. GaN chargers, known for their efficiency and rapid charging capabilities, appeal to users seeking quick and reliable charging solutions for their devices. The growing adoption of smartphones and laptops, fueled by higher disposable income, plays a crucial role in propelling the GaN charger market. As consumers prioritize convenience and efficiency in their electronic devices, the demand for GaN chargers is anticipated to rise in the years to come.
However, the high cost of Gallium Nitride (GaN) stands as the primary restraint for the GaN charger market. Manufacturing GaN-based semiconductors involves high upfront cost as compared to traditional silicon-based alternatives. This heightened production cost leads to higher retail prices for GaN chargers, limiting their accessibility to a wider consumer base.
On the contrary, the integration of GaN chargers with wireless charging technology presents a promising future opportunity for the GaN charger market. The addition of wireless charging technology not only enhances the convenience factor by eliminating physical cables but also caters to the growing consumer preference for streamlined and hassle-free charging experiences. As the global demand for wireless charging solutions continues to rise, the integration of GaN and wireless charging technologies is anticipated to create lucrative opportunities for the the wire-free lifestyle, positioning it as a promising avenue for future market growth and innovation.
Segment Overview
The global GaN charger market is segmented on the basis of by number of ports, power output, sales channel, and geography.
• By Number of Ports, the market is divided into single port GaN charger and multi-port GaN charger.
• By Power Output, the market is classified into Upto 30W, 31W to 65W, 66W to 100W, and Above 100W.
• By Sales Channel, the market is divided into Online and Offline sales channels.
• Region-wise, the market is segmented into North America, Europe, Asia-Pacific, and rest of the world (RoW).
Asia-Pacific dominates the GaN charger market
The GaN charger market is witnessing substantial growth in Asia-Pacfic, fueled by the increasing prevalence of smartphones, tablets, and laptops, particularly in countries such as India, China, and Thailand. According to the recent report from the Global System for Mobile Communications Association (GSMA), the smartphone adoption rate in the Asia-Pacific region is projected to increase significantly from 76% in 2022 to an anticipated 94% in 2030. As more individuals incorporate smartphones and laptops into their daily routines in this region, the demand for efficient and rapid charging solutions is expected to rise, thereby propelling the growth of GaN chargers in the market in this region.
Moreover, the growth of the GaN charger market is propelled by the presence of key players such as Ugreen Group Ltd., Anker Innovations, and Samsung Electronics in this region. These industry leaders contribute significantly to the market's expansion through focused research and development efforts aimed at advancing high-performance charging solutions. Their commitment to innovation plays a pivotal role in meeting the increasing demand for efficient and advanced GaN chargers, shaping the overall market landscape.
For instance, In November 2022, Anker launched its new generation Gallium Nitride (GaN) charger, named GaNPrime. The charger is designed to offer users a safer, faster, and more sustainable charging experience, compatible with a wide array of devices, catering to the diverse charging needs of consumers. Beyond its versatile compatibility, Anker emphasizes its commitment to sustainability by addressing the issue of electronic waste. Through this launch, Anker aims to enhance charging efficiency while also contributing towards an eco-friendly consumer electronics environment.
Key Market Players
The key players in the GaN charger market include:
• Anker Innovations
• Apple Inc
• Samsung Electronics
• Belkin International, Inc
• Xiaomi Corporation
• Zagg Inc
• Energizer Holding Inc
• Baseus
• Eaton
• Ugreen Group Limited
Recent Developments
September 2023
Ugreen entered into a partnership with Navitas Semiconductor to introduce Ugreen Nexode 300W Desktop Charger. This charger features first 5-port 300W Gallium Nitride (GaN) desktop charger with the capability of fast charging up to five devices simultaneously, featuring four USB-C ports and one USB-A port, aiming to meet consumer needs for efficient and powerful charging solutions.
May 2022
Zagg (Mophie) launched its new series of wall chargers called speedport, powered by Gallium Nitride (GaN) technology. This series of chargers comprises four models including speedport 30, speedport 45, speedport 67, and speedport 120. Each model is designed to deliver varying levels of fast charging power, with capacities of up to 30W, 45W, 67W, and an impressive 120W, respectively, offering consumers a range of efficient and high-powered charging options to meet their diverse needs.
KEY BENEFITS
• The GaN charger market report provides a quantitative analysis of the current market and estimations from 2024 to 2030. This analysis assists in identifying the prevailing market opportunities.
• The study comprises a comprehensive analysis of the GaN charger trends, including current and future trends for depicting prevalent investment pockets in the market.
• The information related to key drivers, restraints, and opportunities and their impact on the GaN charger market is provided in the report.
• The competitive analysis of the market players along with their market share in the GaN charger market is provided in the report.
• The SWOT analysis and Porter’s Five Forces model are elaborated in the study.
• The value chain analysis in the market study provides a clear picture of the role of stakeholders.
- 1. Introduction
- 1.1. Report Description
- 1.2. Who Should Read This Report
- 1.3. Key Market Segments
- 1.4. Research Methodology
- 1.4.1 Market Size Estimation Methodology
- 1.4.1.1. Top-down And Bottom-up Approach
- 1.4.1.2. Demand And Supply Side Analysis
- 1.4.1.3. Macro-indicator Approach
- 1.4.2 Data Collection Approach
- 1.4.2.1. Primary Data Collection
- 1.4.2.2. Secondary Data Collection
- 1.4.3 Secondary Data Sources
- 1.4.4 Forecasting
- 2. Market Definition & Scope
- 2.1. Definition
- 2.2. Scope
- 3. Impact Of Russia-ukraine War On The Gan Charger Market
- 4. Reason Behind The Exclusion Of Connector Type In Gan Charger Market Analysis
- 5. Gan Charger Market – Executive Summary
- 5.1. Market Snapshot, 2022 - 2030, Million Usd
- 6. Market Overview
- 6.1. Market Dynamics
- 6.1.1 Drivers
- 6.1.1.1. Increasing Demand For High-performance Electronic Devices
- 6.1.1.2. Rising Disposable Income Worldwide Is Further Fueling The Market Growth
- 6.1.2 Restraints
- 6.1.2.1. High Costs Associated With Gan Chargers
- 6.1.3 Opportunities
- 6.1.3.1. Integration Of Gan Chargers With Wireless Charging Technology
- 7. Market Share Analysis
- 7.1. Market Share Analysis Of Top Gan Charger Providers, 2022
- 8. Global Gan Charger Market, By Number Of Ports
- 8.1. Overview
- 8.2. Single Port Gan Charger
- 8.2.1 Single Port Gan Charger Market, By Region
- 8.3. Multi-port Gan Charger
- 8.3.1 Multi-port Gan Charger Market, By Region
- 9. Global Gan Charger Market, By Power Output
- 9.1. Overview
- 9.2. Upto 30w
- 9.2.1 Upto 30w Market, By Region
- 9.3. 31w To 65w
- 9.3.1w To 65w Market, By Region
- 9.4. 66w To 100w
- 9.4.1w To 100w Market, By Region
- 9.5. Above 100w
- 9.5.1 Above 100w Market, By Region
- 10. Global Gan Charger Market, By Sales Channel
- 10.1. Overview
- 10.2. Online
- 10.2.1 Online Market, By Region
- 10.3. Offline
- 10.3.1 Offline Market, By Region
- 11. Global Gan Charger Market, By Region
- 11.1. Overview
- 11.2. North America
- 11.2.1 North America Gan Charger Market, By Number Of Ports
- 11.2.2 North America Gan Charger Market, By Power Output
- 11.2.3 North America Gan Charger Market, By Sales Channel
- 11.2.4 North America Gan Charger Market, By Country
- 11.2.4.1. U.S.
- 11.2.4.1.1. U.S. Gan Charger Market, By Number Of Ports
- 11.2.4.1.2. U.S. Gan Charger Market, By Power Output
- 11.2.4.1.3. U.S. Gan Charger Market, By Sales Channel
- 11.2.4.2. Canada
- 11.2.4.2.1. Canada Gan Charger Market, By Number Of Ports
- 11.2.4.2.2. Canada Gan Charger Market, By Power Output
- 11.2.4.2.3. Canada Gan Charger Market, By Sales Channel
- 11.2.4.3. Mexico
- 11.2.4.3.1. Mexico Gan Charger Market, By Number Of Ports
- 11.2.4.3.2. Mexico Gan Charger Market, By Power Output
- 11.2.4.3.3. Mexico Gan Charger Market, By Sales Channel
- 11.3. Europe
- 11.3.1 Europe Gan Charger Market, By Number Of Ports
- 11.3.2 Europe Gan Charger Market, By Power Output
- 11.3.3 Europe Gan Charger Market, By Sales Channel
- 11.3.4 Europe Gan Charger Market, By Country
- 11.3.4.1. Uk
- 11.3.4.1.1. Uk Gan Charger Market, By Number Of Ports
- 11.3.4.1.2. Uk Gan Charger Market, By Power Output
- 11.3.4.1.3. Uk Gan Charger Market, By Sales Channel
- 11.3.4.2. Germany
- 11.3.4.2.1. Germany Gan Charger Market, By Number Of Ports
- 11.3.4.2.2. Germany Gan Charger Market, By Power Output
- 11.3.4.2.3. Germany Gan Charger Market, By Sales Channel
- 11.3.4.3. France
- 11.3.4.3.1. France Gan Charger Market, By Number Of Ports
- 11.3.4.3.2. France Gan Charger Market, By Power Output
- 11.3.4.3.3. France Gan Charger Market, By Sales Channel
- 11.3.4.4. Italy
- 11.3.4.4.1. Italy Gan Charger Market, By Number Of Ports
- 11.3.4.4.2. Italy Gan Charger Market, By Power Output
- 11.3.4.4.3. Italy Gan Charger Market, By Sales Channel
- 11.3.4.5. Spain
- 11.3.4.5.1. Spain Gan Charger Market, By Number Of Ports
- 11.3.4.5.2. Spain Gan Charger Market, By Power Output
- 11.3.4.5.3. Spain Gan Charger Market, By Sales Channel
- 11.3.4.6. Denmark
- 11.3.4.6.1. Denmark Gan Charger Market, By Number Of Ports
- 11.3.4.6.2. Denmark Gan Charger Market, By Power Output
- 11.3.4.6.3. Denmark Gan Charger Market, By Sales Channel
- 11.3.4.7. Netherlands
- 11.3.4.7.1. Netherlands Gan Charger Market, By Number Of Ports
- 11.3.4.7.2. Netherlands Gan Charger Market, By Power Output
- 11.3.4.7.3. Netherlands Gan Charger Market, By Sales Channel
- 11.3.4.8. Finland
- 11.3.4.8.1. Finland Gan Charger Market, By Number Of Ports
- 11.3.4.8.2. Finland Gan Charger Market, By Power Output
- 11.3.4.8.3. Finland Gan Charger Market, By Sales Channel
- 11.3.4.9. Poland
- 11.3.4.9.1. Poland Gan Charger Market, By Number Of Ports
- 11.3.4.9.2. Poland Gan Charger Market, By Power Output
- 11.3.4.9.3. Poland Gan Charger Market, By Sales Channel
- 11.3.4.10. Sweden
- 11.3.4.10.1. Sweden Gan Charger Market, By Number Of Ports
- 11.3.4.10.2. Sweden Gan Charger Market, By Power Output
- 11.3.4.10.3. Sweden Gan Charger Market, By Sales Channel
- 11.3.4.11. Norway
- 11.3.4.11.1. Norway Gan Charger Market, By Number Of Ports
- 11.3.4.11.2. Norway Gan Charger Market, By Power Output
- 11.3.4.11.3. Norway Gan Charger Market, By Sales Channel
- 11.3.4.12. Russia
- 11.3.4.12.1. Russia Gan Charger Market, By Number Of Ports
- 11.3.4.12.2. Russia Gan Charger Market, By Power Output
- 11.3.4.12.3. Russia Gan Charger Market, By Sales Channel
- 11.3.4.13. Rest Of Europe
- 11.3.4.13.1. Rest Of Europe Gan Charger Market, By Number Of Ports
- 11.3.4.13.2. Rest Of Europe Gan Charger Market, By Power Output
- 11.3.4.13.3. Rest Of Europe Gan Charger Market, By Sales Channel
- 11.4. Asia-pacific
- 11.4.1 Asia-pacific Gan Charger Market, By Number Of Ports
- 11.4.2 Asia-pacific Gan Charger Market, By Power Output
- 11.4.3 Asia-pacific Gan Charger Market, By Sales Channel
- 11.4.4 Asia-pacific Gan Charger Market, By Country
- 11.4.4.1. China
- 11.4.4.1.1. China Gan Charger Market, By Number Of Ports
- 11.4.4.1.2. China Gan Charger Market, By Power Output
- 11.4.4.1.3. China Gan Charger Market, By Sales Channel
- 11.4.4.2. Japan
- 11.4.4.2.1. Japan Gan Charger Market, By Number Of Ports
- 11.4.4.2.2. Japan Gan Charger Market, By Power Output
- 11.4.4.2.3. Japan Gan Charger Market, By Sales Channel
- 11.4.4.3. India
- 11.4.4.3.1. India Gan Charger Market, By Number Of Ports
- 11.4.4.3.2. India Gan Charger Market, By Power Output
- 11.4.4.3.3. India Gan Charger Market, By Sales Channel
- 11.4.4.4. South Korea
- 11.4.4.4.1. South Korea Gan Charger Market, By Number Of Ports
- 11.4.4.4.2. South Korea Gan Charger Market, By Power Output
- 11.4.4.4.3. South Korea Gan Charger Market, By Sales Channel
- 11.4.4.5. Australia
- 11.4.4.5.1. Australia Gan Charger Market, By Number Of Ports
- 11.4.4.5.2. Australia Gan Charger Market, By Power Output
- 11.4.4.5.3. Australia Gan Charger Market, By Sales Channel
- 11.4.4.6. Indonesia
- 11.4.4.6.1. Indonesia Gan Charger Market, By Number Of Ports
- 11.4.4.6.2. Indonesia Gan Charger Market, By Power Output
- 11.4.4.6.3. Indonesia Gan Charger Market, By Sales Channel
- 11.4.4.7. Singapore
- 11.4.4.7.1. Singapore Gan Charger Market, By Number Of Ports
- 11.4.4.7.2. Singapore Gan Charger Market, By Power Output
- 11.4.4.7.3. Singapore Gan Charger Market, By Sales Channel
- 11.4.4.8. Taiwan
- 11.4.4.8.1. Taiwan Gan Charger Market, By Number Of Ports
- 11.4.4.8.2. Taiwan Gan Charger Market, By Power Output
- 11.4.4.8.3. Taiwan Gan Charger Market, By Sales Channel
- 11.4.4.9. Thailand
- 11.4.4.9.1. Thailand Gan Charger Market, By Number Of Ports
- 11.4.4.9.2. Thailand Gan Charger Market, By Power Output
- 11.4.4.9.3. Thailand Gan Charger Market, By Sales Channel
- 11.4.4.10. Rest Of Asia-pacific
- 11.4.4.10.1. Rest Of Asia-pacific Gan Charger Market, By Number Of Ports
- 11.4.4.10.2. Rest Of Asia-pacific Gan Charger Market, By Power Output
- 11.4.4.10.3. Rest Of Asia-pacific Gan Charger Market, By Sales Channel
- 11.5. Rest Of World
- 11.5.1 Rest Of World Gan Charger Market, By Number Of Ports
- 11.5.2 Rest Of World Gan Charger Market, By Power Output
- 11.5.3 Rest Of World Gan Charger Market, By Sales Channel
- 11.5.4 Rest Of World Gan Charger Market, By Country
- 11.5.4.1. Latin America
- 11.5.4.1.1. Latin America Gan Charger Market, By Number Of Ports
- 11.5.4.1.2. Latin America Gan Charger Market, By Power Output
- 11.5.4.1.3. Latin America Gan Charger Market, By Sales Channel
- 11.5.4.2. Middle East
- 11.5.4.2.1. Middle East Gan Charger Market, By Number Of Ports
- 11.5.4.2.2. Middle East Gan Charger Market, By Power Output
- 11.5.4.2.3. Middle East Gan Charger Market, By Sales Channel
- 11.5.4.3. Africa
- 11.5.4.3.1. Africa Gan Charger Market, By Number Of Ports
- 11.5.4.3.2. Africa Gan Charger Market, By Power Output
- 11.5.4.3.3. Africa Gan Charger Market, By Sales Channel
- 12. Company Profiles
- 12.1. Anker Innovation Technology Co., Ltd
- 12.1.1 Company Overview
- 12.1.2 Company Snapshot
- 12.1.3 Operating Business Segments
- 12.1.4 Product Portfolio
- 12.1.5 Business Performance
- 12.1.6 Sales By Business Segment
- 12.1.7 Key Strategic Moves & Developments
- 12.1.8 Primary Market Competitors
- 12.2. Xiaomi Corporation
- 12.2.1 Company Overview
- 12.2.2 Company Snapshot
- 12.2.3 Operating Business Segments
- 12.2.4 Product Portfolio
- 12.2.5 Business Performance
- 12.2.6 Sales By Business Segment
- 12.2.7 Sales By Geographic Segment
- 12.2.8 Key Strategic Moves & Developments
- 12.2.9 Primary Market Competitors
- 12.3. Apple Inc.
- 12.3.1 Company Overview
- 12.3.2 Company Snapshot
- 12.3.3 Operating Business Segments
- 12.3.4 Product Portfolio
- 12.3.5 Business Performance
- 12.3.6 Sales By Business Segment
- 12.3.7 Sales By Geographic Segment
- 12.3.8 Key Strategic Moves & Developments
- 12.3.9 Primary Market Competitors
- 12.4. Ugreen Group Limited
- 12.4.1 Company Overview
- 12.4.2 Company Snapshot
- 12.4.3 Product Portfolio
- 12.4.4 Key Strategic Moves & Developments
- 12.4.5 Primary Market Competitors
- 12.5. Eaton Corporation
- 12.5.1 Company Overview
- 12.5.2 Company Snapshot
- 12.5.3 Operating Business Segments
- 12.5.4 Product Portfolio
- 12.5.5 Business Performance
- 12.5.6 Sales By Business Segment
- 12.5.7 Sales By Geographic Segment
- 12.5.8 Key Strategic Moves & Developments
- 12.5.9 Primary Market Competitors
- 12.6. Energizer Holdings, Inc.
- 12.6.1 Company Overview
- 12.6.2 Company Snapshot
- 12.6.3 Operating Business Segments
- 12.6.4 Product Portfolio
- 12.6.5 Business Performance
- 12.6.6 Sales By Business Segment
- 12.6.7 Sales By Geographic Segment
- 12.6.8 Key Strategic Moves & Developments
- 12.6.9 Primary Market Competitors
- 12.7. Samsung Electronics
- 12.7.1 Company Overview
- 12.7.2 Company Snapshot
- 12.7.3 Operating Business Segments
- 12.7.4 Product Portfolio
- 12.7.5 Business Performance
- 12.7.6 Sales By Business Segment
- 12.7.7 Sales By Geographic Segment
- 12.7.8 Key Strategic Moves & Developments
- 12.7.9 Primary Market Competitors
- 12.8. Zagg Inc.
- 12.8.1 Company Overview
- 12.8.2 Company Snapshot
- 12.8.3 Product Portfolio
- 12.8.4 Key Strategic Moves & Developments
- 12.8.5 Primary Market Competitors
- 12.9. Belkin International, Inc.
- 12.9.1 Company Overview
- 12.9.2 Company Snapshot
- 12.9.3 Product Portfolio
- 12.9.4 Key Strategic Moves & Developments
- 12.9.5 Primary Market Competitors
- 12.10. Baseus
- 12.10.1 Company Overview
- 12.10.2 Company Snapshot
- 12.10.3 Product Portfolio
- 12.10.4 Key Strategic Moves & Developments
- 12.10.5 Primary Market Competitors
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