New Delhi: Sales of fast-charging-based (more than 10 watts) smartphones accounted for nearly 80 percent of the global smartphone market in the first quarter (Q2) of 2023, compared with 74 percent in the first quarter of 2022 and 29 percent in the first quarter of 2018, a new report showed on Thursday.
According to Counterpoint Research, the growing adoption of fast charging-capable smartphones is attributed to the increasing use of smartphones and the continuous advancement of hardware. (Also Read: SBI Special FD Scheme: Double Your Money By Investing In This Fixed Deposit)
Chinese smartphone brands are leading the trend by introducing high-wattage charging across a range of price points. (Also Read: Best Headphone Deals in July 2023)
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“Chinese brands are using fast charging as a selling point to attract customers. For example, Realme and Xiaomi offer smartphones with more than 200W power. Additionally, Xiaomi and OPPO have recently showcased smartphones with an impressive 300W fast charging capacity. These brands are making their phones faster. Aiming for fast charging within minutes of charging, says Saint Karn Chouhan.
Furthermore, the report notes that smartphone brands are focusing on making fast-charging technology affordable.
“Smartphone brands are embedding fast charging in their low-cost 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 high-capacity charging in this segment to achieve the fastest charging speeds,” said Chauhan
In Q1 2023, the average power of fast-charging smartphones worldwide reached 34W, compared to 30W in Q1 2022 and 18W in Q1 2018.
Smartphones with more than 30W of power can charge a fully depleted phone in about an hour. Charging a smartphone in an hour could be a strong selling point for smartphone makers, the report said.
Chinese smartphone manufacturers are leading the trend by introducing high-wattage charging at various price points, especially in the Chinese market, where the average power is 50W. Brands like Apple and Samsung, on the other hand, have prioritized battery protection and overall performance over pushing for high-capacity chargers.
