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Leading Element Driving Change in the Mobile Phone Power Accessories Market in 2025: Rising Smartphone Adoption Fuels Growth In Mobile Phone Power Accessories Market Driver
Mobile Phone Power Accessories
The growing adoption of smartphones is expected to fuel the mobile phone power accessories market. Smartphone usage is increasing due to enhanced user experiences, affordability, and internet access. As smartphones become essential for daily activities, the demand for power accessories that extend battery life is also growing. According to Uswitch Limited, the UK saw a 3.8% rise in mobile connections in 2023, and by 2025, 95% of the population is expected to own smartphones, thus driving the mobile phone power accessories market.
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What growth opportunities are expected to drive the mobile phone power accessories market's CAGR through 2034?
The mobile phone power accessories market has seen steady growth, rising from $37.48 billion in 2024 to $40.34 billion in 2025 at a CAGR of 7.6%. This growth is attributed to increased smartphone penetration, technological advancements, rising disposable income, the proliferation of e-commerce, and growing mobile usage.
The mobile phone power accessories market will grow to $53.63 billion in 2029 at a CAGR of 7.4%, fueled by 5G rollout, sustainability trends, and IoT expansion. Trends include wireless charging, eco-friendly products, smart power management, and fast-charging solutions.
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What are the emerging trends shaping the future of the mobile phone power accessories market?
Companies in the mobile phone power accessories market are focusing on developing charging devices to offer faster and more efficient charging. For example, in February 2022, Oppo, a China-based company, launched its 150W SUPERVOOC high-speed flash charging technology, capable of charging a 4,500mAh battery to 50% in 5 minutes and fully in 15 minutes, while also extending battery life.
Which growth-oriented segments of the mobile phone power accessories market are leading the industry's development?
The mobile phone power accessories market covered in this report is segmented -
1) By Product Type: Power Banks, Wireless Chargers, Battery Cases, Portable Chargers
2) By Charging Capacity: Below 5,000 mAh, 5,000 to 10,000 mAh, Above 10,000 mAh
3) By Distribution Channel: Online Retail, Offline Retail
Subsegments:
1) By Power Banks: Standard Power Banks, Fast Charging Power Banks, Solar Power Banks
2) By Wireless Chargers: Qi Wireless Chargers, Fast Wireless Chargers, Multi-Device Wireless Chargers
3) By Battery Cases: iPhone Battery Cases, Samsung Battery Cases, Universal Battery Cases
4) By Portable Chargers: USB Portable Chargers, AC Portable Chargers, Car Portable Chargers
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Which regions are key players in the growth of the mobile phone power accessories market?
Asia-Pacific was the largest region in the mobile phone power accessories market in 2024. The regions covered in the mobile phone power accessories market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What companies are at the forefront of innovation in the mobile phone power accessories market?
Major companies operating in the mobile phone power accessories market are Apple Inc., Samsung Electronics Co. Ltd., Huawei Technologies Co. Ltd., Sony Corporation, Lenovo Group Limited, Panasonic Corporation, LG Electronics Inc., Xiaomi Corporation, Energizer Holdings Inc., Anker Innovations Technology Co. Ltd., OnePlus Technology Co. Ltd., Realme, ZAGG Inc, Belkin International Inc., Spigen Inc, Scosche Industries Inc., AUKEY Official, Baseus, Ambrane India Pvt. Ltd., RAVPower Technology Co. Ltd., iOttie Inc., Satechi Corporation, Griffin Technology, America Ugreen Limited, Power Practical LLC
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What Is Covered In The Mobile Phone Power Accessories Global Market Report?
•Market Size Forecast: Examine the mobile phone power accessories market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the mobile phone power accessories market for a structured understanding.
•Key Players Overview: Analyze major players in the mobile phone power accessories market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the mobile phone power accessories market.
•Segment Contributions: Evaluate how different segments drive overall growth in the mobile phone power accessories market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the mobile phone power accessories market.
•Industry Challenges: Identify potential risks and obstacles affecting the mobile phone power accessories market.
•Competitive Landscape: Review strategic developments in the mobile phone power accessories market, including expansions, agreements, and new product launches.
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