India GAN Chargers Market Report and Forecast 2024-2032

India GAN Chargers Market Outlook

The India GAN chargers market size reached approximately USD 31.93 million in 2023. The market is estimated to grow at a CAGR of 23% between 2024 and 2032, reaching a value of around USD 207.55 million by 2032.

Key Trends in the Market

GAN chargers are an alternative to traditional silicon-based chargers that utilises gallium nitride semiconductors. GaN is a crystal-like tough material with the capability to conduct high voltage powers. It features a wide-bandgap semiconductor material with excellent mechanical stability, along with high heat capacity and thermal conductivity.

• The India GAN chargers market demand is expected to grow during the forecast period owing to the rising adoption of the product from smartphone manufacturers. Major smartphone manufacturers are recognising the benefits of GaN chargers and adding them to their product offerings.

• E-commerce platforms have played a significant role in propelling the India GAN chargers market growth. The availability of GaN chargers on these platforms, along with promotional activities and competitive pricing, is making it easier for consumers to access and purchase GaN chargers. Moreover, with the rising number of smartphone users, sales from e-commerce are likely to significantly surge in the coming years.

• The Indian government has been actively promoting digitalisation and the adoption of electronic devices through initiatives like Digital India and Make in India. Hence, one of the major India GAN chargers market trends is the increasing usage of electronic devices. Additionally, there is a shift from Si to GaN chargers as the operating frequency of electronic devices increases and their charging time, weight, and cost decrease.

Market Analysis

Based on the port, the market is segmented into a single port, dual port, and three ports. On the basis of origin, the market can be bifurcated into domestic and import. The India GAN chargers market segmentation, based on output, includes 65 W, 45 W, 161 W, and 100 W, among others. Based on application, the market is divided into mobile, laptop, and tablets, among others.

The market, based on sales channel, is segmented into offline-multi brand, offline-exclusive, e-commerce, and direct. The major regional markets for GAN chargers are East India, West India, South India, and North India.

The comprehensive EMR report provides an in-depth assessment of the market based on Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the India GAN chargers market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments, and expansion plans.

• Xiaomi India

• Spigen India

• Shenzen Kubisheng Technology Co, Ltd (Chipofy)

• Imagine Marketing Limited (Boat)

• Portronics Digital Private Limited

• Belkin India Pvt Ltd

• Artis

• SFT Technologies

• Oraimo

• Stuffcool-Nissan Enterprises Ltd

• Others

Market Share by Output

According to the India GAN chargers market analysis, 65W GAN chargers are anticipated to register significant growth during the forecast period. The development of the segment can be attributed to the compact size and lightweight design of the product. In addition, 65W energy output is becoming a staple point for chargers among smartphone manufacturers as it provides sufficient power for rapid charging of smartphones.

Market Share by Application

Mobiles and tablets are expected to hold a large portion of the India GAN chargers market share. GaN chargers are increasingly adopted by companies as they are lightweight and tough, making them easier to pack and ship. The chargers also provide fast charging capabilities and surge the usability of devices, increasing their appeal among consumers.

Competitive Landscape

Xiaomi India is the Indian branch of Xiaomi Corporation., a consumer electronic designer and manufacturer based in China. The company was founded in the year 2010 and has made multiple innovations in the field of smart devices. It has developed a wide array of products, ranging from phones to smart homes and lifestyles.

Spigen India is one of the largest and most well-known manufacturers of smartphone accessories, cases, and screen protective products. The company was founded in the year 2008 and it has committed itself to providing high-quality and innovative products that offer protection and style for various smartphone models.

Imagine Marketing Limited (Boat) is established as the parent company of the audio and wearable device designer and manufacturer, boAt. The company was incorporated in the year 2013 and since then has been ranked among the top-performing companies in India. The brand has developed an omnichannel distribution of its products in the online and offline channels.

Other India GAN chargers market players include Shenzen Kubisheng Technology Co, Ltd (Chopify), Portronics Digital Private Limited, Belkin India Pvt Ltd, Artis, SFT Technologies, Oraimo, and Stuffcool-Nissan Enterprises Ltd, among others.

Key Highlights of the Report

India GAN Chargers Market Report Snapshots

India GAN Chargers Market Size

India GAN Chargers Market Trends

India GAN Chargers Market Analysis

India GAN Chargers Companies