Mobile Phone Power Accessory Market Trends and Forecast
The future of the global mobile phone power accessory market looks promising with opportunities in the online and offline markets. The global mobile phone power accessory market is expected to grow with a CAGR of 6.3% from 2025 to 2031. The major drivers for this market are the increasing demand for fast charging devices, the rising adoption of wireless charging technology, and the growing smartphone user base worldwide.
• Lucintel forecasts that, within the component category, charger is expected to witness the highest growth over the forecast period.
• Within the sales channel category, online is expected to witness higher growth.
• In terms of region, APAC is expected to witness the highest growth over the forecast period.
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Emerging Trends in the Mobile Phone Power Accessory Market
The mobile phone power accessory market is currently undergoing a dynamic transformation, fueled by the ever-increasing usage of smartphones and the quest for seamless power solutions. Emerging trends are focused on enhancing convenience, speed, and the overall user experience in keeping devices charged.
• Wireless Charging Ecosystem Expansion: Wireless charging technology is moving beyond just pads, with integration into furniture, cars, and public spaces. This expansion aims to provide more ubiquitous and convenient charging options, reducing reliance on cables and offering a cleaner aesthetic in various environments.
• GaN Technology Adoption: Gallium Nitride chargers are becoming increasingly popular due to their ability to deliver higher power and efficiency in a significantly smaller and lighter form factor compared to traditional silicon-based chargers, enhancing portability without compromising charging speed.
• Multi-Device Charging Solutions: With users owning multiple mobile devices, there’s a growing demand for accessories that can charge several devices simultaneously, such as multi-port wall chargers and power banks with multiple output options, streamlining the charging process.
• Fast Charging Standardization and Advancement: The push for faster charging speeds continues, with advancements in technologies like USB Power Delivery (PD) and proprietary fast-charging protocols, aiming to significantly reduce the time it takes to fully charge devices, improving user convenience and device uptime.
• Sustainable and Eco-Friendly Accessories: There’s a rising consumer awareness and demand for power accessories made from sustainable materials and with eco-friendly packaging, reflecting a broader environmental consciousness influencing purchasing decisions in the market.
Conclusion: These emerging trends—the expansion of wireless charging, the adoption of GaN technology, the rise of multi-device charging, advancements in fast charging, and the focus on sustainability—are collectively reshaping the mobile phone power accessory market towards greater convenience, efficiency, and environmental responsibility.
Recent Development in the Mobile Phone Power Accessory Market
Recent years have witnessed notable advancements in the mobile phone power accessory market, driven by the need to keep pace with the increasing capabilities and power demands of smartphones. These developments are changing how users charge and power their devices.
• Widespread Adoption of USB-C: The increasing adoption of USB-C as a universal port is streamlining charging and data transfer, leading to more versatile chargers and power banks compatible with a wider range of devices, simplifying the accessory landscape for consumers.
• Integration of Higher Capacity Batteries in Power Banks: Power banks are now commonly available with significantly higher battery capacities, allowing users to charge their phones multiple times or power larger devices like tablets, addressing the need for extended power on the go.
• Development of Smart Charging Technologies: Accessories are incorporating smart features that can detect the connected device and deliver the optimal charging speed, protecting the battery health and ensuring efficient power delivery, enhancing the lifespan of both the accessory and the phone.
• Miniaturization of Power Adapters: Thanks to technologies like GaN, wall chargers are becoming smaller and more portable without sacrificing power output, making it easier for users to carry them and charge their devices quickly.
• Combination Accessories: We’re seeing a rise in accessories that combine power with other functionalities, such as wireless charging stands with built-in Bluetooth speakers or power banks that also serve as phone grips, offering added value to consumers.
These key developments—the prevalence of USB-C, higher capacity power banks, smart charging, miniaturized adapters, and combination accessories—are impacting the mobile phone power accessory market by providing more efficient, versatile, and convenient power solutions for smartphone users.
Strategic Growth Opportunities in the Mobile Phone Power Accessory Market
The mobile phone power accessory market offers significant potential for strategic growth by focusing on the diverse ways consumers use their mobile devices and the corresponding power needs. Tailoring accessories to these applications can unlock new market segments.
• Outdoor and Travel Enthusiasts: Developing rugged and high-capacity power banks with solar charging capabilities or multiple device charging ports caters to the needs of users who spend time outdoors or travel frequently, ensuring their devices remain powered in various conditions.
• Gamers and Heavy Users: Offering power accessories with ultra-fast charging and extended battery life specifically designed for gaming phones and users who heavily consume media ensures uninterrupted usage and caters to a demanding user base.
• Remote Workers and Professionals: Providing portable power solutions like compact GaN chargers and versatile docking stations with charging capabilities addresses the needs of professionals who work remotely and require efficient power for their smartphones and other devices.
• Emergency Preparedness: Designing durable, high-capacity power banks with features like LED flashlights and SOS signals caters to the growing need for reliable power sources during emergencies or power outages.
• Automotive Integration: Developing wireless car chargers and multi-port car adapters that seamlessly integrate with vehicle interiors provides convenient charging solutions for users on the go, enhancing the in-car mobile experience.
These strategic growth opportunities across outdoor/travel, gaming/heavy use, remote work, emergency preparedness, and automotive integration highlight the potential for the mobile phone power accessory market to expand by addressing the specific power needs associated with different mobile phone applications.
Mobile Phone Power Accessory Market Driver and Challenges
The mobile phone power accessory market’s dynamics are influenced by various technological, economic, and user-related factors that act as both catalysts for expansion and potential obstacles. Understanding these drivers and challenges is crucial for stakeholders in the market.
The factors responsible for driving the mobile phone power accessory market include:
1. Increasing Smartphone Usage: The ever-growing reliance on smartphones for communication, entertainment, and productivity fuels the demand for power accessories to keep these devices operational throughout the day.
2. Advancements in Battery Technology: While smartphone battery technology is improving, it often doesn’t keep pace with usage, driving the need for external power solutions like power banks and faster chargers.
3. Growing Adoption of Wireless Charging: The increasing integration of wireless charging capabilities in smartphones is driving demand for wireless chargers, offering a more convenient charging method.
4. Portability and On-the-Go Lifestyle: Modern lifestyles often require users to be mobile, increasing the need for portable power accessories like power banks and car chargers to keep devices charged while away from traditional power outlets.
5. Proliferation of USB-C Standard: The move towards USB-C as a universal charging port simplifies the ecosystem and drives demand for compatible chargers and power banks.
Challenges in the mobile phone power accessory market are:
1. Counterfeit and Low-Quality Products: The market is often flooded with counterfeit and low-quality power accessories that can pose safety risks and damage devices, impacting consumer trust.
2. Compatibility Issues: While USB-C is becoming more common, variations in fast-charging protocols can lead to compatibility issues between accessories and phones, frustrating consumers.
3. E-waste Concerns: The increasing consumption of electronic accessories contributes to e-waste, raising environmental concerns and the need for more sustainable product lifecycles.
The mobile phone power accessory market is primarily driven by increasing smartphone usage, battery limitations, the adoption of wireless charging, the need for portability, and the standardization of USB-C. However, it faces challenges related to counterfeit products, compatibility issues, and e-waste. Addressing these challenges will be key to the market’s sustainable growth.
List of Mobile Phone Power Accessory Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies mobile phone power accessory companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the mobile phone power accessory companies profiled in this report include-
• Anker Innovations
• Apple
• Aukey
• BBK Electronics
• Belkin International
• Google
• Huawei Technology
• Samsung Electronics
• Xiaomi Corporation
• Ventev
Mobile Phone Power Accessory Market by Segment
The study includes a forecast for the global mobile phone power accessory market by component, sales channel, and region.
Mobile Phone Power Accessory Market by Component [Value from 2019 to 2031]:
• Power Bank
• Chargers
• Power Cables
Mobile Phone Power Accessory Market by Sales Channel [Value from 2019 to 2031]:
• Online
• Offline
Mobile Phone Power Accessory Market by Region [Value from 2019 to 2031]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
Country Wise Outlook for the Mobile Phone Power Accessory Market
The mobile phone power accessory market is experiencing continuous innovation, driven by the increasing reliance on smartphones and the demand for convenient charging solutions. Recent developments highlight advancements in wireless charging technologies, the integration of fast-charging capabilities, and a growing focus on portability and multi-device charging solutions across major global markets.
• United States: The US market shows a strong adoption of wireless charging pads and portable power banks with fast-charging capabilities. Recent developments include the rise of GaN (Gallium Nitride) chargers offering higher power in smaller sizes and a growing demand for eco-friendly and sustainably sourced accessories.
• China: China’s market is characterized by a vast array of power accessories, with a strong emphasis on fast charging and affordable power banks. Recent developments include the widespread integration of proprietary fast-changing technologies and the increasing popularity of multi-functional accessories that combine charging with other features.
• Germany: In Germany, recent developments focus on high-quality and reliable power accessories, with a growing interest in wireless charging solutions that adhere to safety standards. There’s also an increasing demand for power banks designed for outdoor use and accessories that complement premium smartphone brands.
• India: India’s mobile power accessory market is driven by affordability and the increasing adoption of smartphones. Recent developments include the popularity of high-capacity power banks and the growing availability of locally manufactured chargers and cables, catering to a price-sensitive consumer base.
• Japan: Japan’s market emphasizes safety and design, with a preference for compact and efficient charging solutions. Recent developments include the adoption of USB-C PD (Power Delivery) for faster charging and a focus on aesthetically pleasing wireless charging docks and power banks.
Features of the Global Mobile Phone Power Accessory Market
Market Size Estimates: Mobile phone power accessory market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2019 to 2024) and forecast (2025 to 2031) by various segments and regions.
Segmentation Analysis: Mobile phone power accessory market size by component, sales channel, and region in terms of value ($B).
Regional Analysis: Mobile phone power accessory market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different components, sales channels, and regions for the mobile phone power accessory market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the mobile phone power accessory market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for mobile phone power accessory market?
Answer: The global mobile phone power accessory market is expected to grow with a CAGR of 6.3% from 2025 to 2031.
Q2. What are the major drivers influencing the growth of the mobile phone power accessory market?
Answer: The major drivers for this market are the increasing demand for fast charging devices, the rising adoption of wireless charging technology, and the growing smartphone user base worldwide.
Q3. What are the major segments for mobile phone power accessory market?
Answer: The future of the mobile phone power accessory market looks promising with opportunities in the online and offline markets.
Q4. Who are the key mobile phone power accessory market companies?
Answer: Some of the key mobile phone power accessory companies are as follows:
• Anker Innovations
• Apple
• Aukey
• BBK Electronics
• Belkin International
• Google
• Huawei Technology
• Samsung Electronics
• Xiaomi Corporation
• Ventev
Q5. Which mobile phone power accessory market segment will be the largest in future?
Answer: Lucintel forecasts that, within the component category, charger is expected to witness the highest growth over the forecast period.
Q6. In mobile phone power accessory market, which region is expected to be the largest in next 5 years?
Answer: In terms of region, APAC is expected to witness the highest growth over the forecast period.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the mobile phone power accessory market by component (power bank, chargers, and power cables), sales channel (online and offline), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Mobile Phone Power Accessory Market, Mobile Phone Power Accessory Market Size, Mobile Phone Power Accessory Market Growth, Mobile Phone Power Accessory Market Analysis, Mobile Phone Power Accessory Market Report, Mobile Phone Power Accessory Market Share, Mobile Phone Power Accessory Market Trends, Mobile Phone Power Accessory Market Forecast, Mobile Phone Power Accessory Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.