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Global Mobile Phone Turbo Chargers Market Driven by Growing Use of Smartphones and Mobile Devices

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Published on : Apr 13, 2017

Albany, New York, April 13, 2017: The report covers the current situation of the market in terms of influential factors, leading player standing, and regional diversities and similarities. The report then moves into a forecast analysis of the global mobile phone turbo chargers market for the given forecast period.

According to the report, the global mobile phone turbo chargers market is expected to expand at a CAGR of 9.31% within a forecast period from 2017 to 2021. One of the key drivers covered in the report is increasing popularity of mobile technologies. The growing number of mobile devices, coupled with their potential to run increasingly complex programs and applications, is creating a heavy demand for both larger battery capacities, as well as faster charging speeds. The market for batteries is currently developing at a slower rate, thereby putting more focus and demand volume of improved charging methods, including turbo charging.

The global mobile phone turbo chargers market is, however, currently being restrained by factors such as the use of mobile accessories as a style statement, rather than their use to run heavier battery-usage applications. One of the key trends being observed in the global mobile phone turbo chargers market at the moment is the increasing penetration of mobile devices healthcare and educational sectors. In healthcare, mobile devices are increasingly being used to replace paper files in terms of patient diagnostics, monitoring, and treatment administration. The education sector is also implementing a greater number of mobile devices due to the ease and greater scope of learning that they impart to a conventional classroom.

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The overall demand for mobile devices has increased on a global scale over the recent past, thanks to the massive usage and dependence of individuals and companies in the Internet, along with the increase in capability of manufacturing companies to provide bigger shipments of tablets, smartphones, and other mobile devices. Improving data services in terms of 3G and even LTE are also giving rise to a greater demand for compatible devices, especially in emerging economies. The average user of consumer electronics and mobile devices runs multiple applications on their multiple devices, thereby considerably increasing the power usage of these devices. This directly is giving rise to a greater demand for methods that will allow users to charge their devices faster so that they can be used as frequently as possible.

The leading players in the global mobile phone turbo chargers market currently, include ASUS, HP, HTC, LG, Samsung, Sony, and Xiaomi. Other popular vendors in the market have been APE Tech, AUKEY, Capdase International, Shenzhen DBK Electronics, FUJITSU, OnePlus, TCL Communication Technology, Xpower, and ZTE.

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