South Korea 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 Industr

South Korea 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

South Korea GaN Charger Market size was valued at USD 41.39 million in 2023, and is predicted to reach USD 132.13 million by 2030, with a CAGR of 16.8% from 2024 to 2030.

The global giant Samsung Electronics in South Korea highlights the country's technological prowess and innovation in electronics. As a critical player in the global tech industry, Samsung's influence can impact the GAN charger market by contributing to the development and adoption of cutting-edge charging technologies.

For instance, in October 2023, Samsung launched a new 25W charger featuring a slimmer and more compact design incorporating GaN technology, contributing to the growth of the GaN charger market in South Korea. Samsung's adoption of GaN technology signifies an advancement in charging efficiency and portability compared to traditional silicon-based chargers. Introducing such innovative and high-performance chargers by a global tech leader, including Samsung, will stimulate increased interest and demand for GaN chargers in the South Korean market.

However, the GaN charger market faces a challenge due to the high costs associated with this advanced technology. While GaN chargers offer faster charging and improved energy efficiency, their initial investment differs significantly from the budget-friendly nature of traditional charging solutions.

The higher costs associated with GaN chargers present a notable challenge, especially in markets where consumer preferences heavily prioritize affordability. This financial consideration becomes a pivotal factor influencing the adoption trajectory, potentially slowing the acceptance of GaN chargers among a broader consumer base.

On the other hand, integrating GaN chargers with wireless charging technology is a significant future opportunity for the GaN charger market. This fusion holds the potential to redefine charging solutions by combining the efficiency and compact design features of GaN chargers with the convenience and cable-free experience offered by wireless charging. As the demand for wireless charging continues to grow, the convergence of GaN and wireless charging technologies presents a promising avenue for manufacturers to tap into evolving consumer preferences and offer versatile, high-performance charging solutions for an array of electronic devices.

For instance, ESR introduced its revolutionary 100W Apple-certified 6-in-1 charging station. The 6-in-1 charger has three distinct magnetic wireless charging modules dedicated to the iPhone, Apple Watch, and AirPods. This comprehensive charging station enables users to charge all their portable Apple devices, providing an optimal solution to eliminate cable clutter and streamline their daily charging rituals.

Segment Overview

The South Korea GaN charger industry is segmented on the basis of number of ports, power output, and sales channel.
• By number of ports, the market is segmented into single port gan charger and multi-port gan charger.
• By power output, the market is divided up to 30W, 31W to 65W, 66W to 100W and above 100W.
• By sales channel, the market is classified into online and offline.

Key Market Players

The key players in the South Korea GaN charger market research include companies such as:
• Anker Innovations
• Apple Inc.
• Samsung Electronics
• Belkin International Inc.
• Xiaomi Corporation
• Zagg Inc.
• Energizer Holding Inc.
• Baseus
• Eaton
• Ugreen Group Limited

KEY BENEFITS
• The South Korea 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 market 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 South Korea GaN charger market is provided in the report.
• The competitive analysis of the market players along with their market share in the South Korea 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.