With the increasing popularity of various electronic products on the market, mobile power has become one of the necessities of our daily life. In daily life, mobile power has been widely used in smart terminals and other devices as a backup power source, which can charge smart phones, tablet personal computers, laptops, wearable devices, digital cameras and other electronic devices. EXSENSE Electronics Technology Co., Ltd. focuses on the development and production of highly-reliability NTC thermistors for mobile power, our thermistors play the role of temperature monitoring and temperature controlling in the mobile power, so that mobile power can operate safely in the working process.
The global mobile power market is expected to grow from nearly $10.7 billion in 2019 to $17.9 billion in 2024, with a compound annual growth rate of 10.8% during the period. This is mainly due to the expansion of shipments of smart wearable devices, tablets and other mobile terminals as well as the gradual increase of market penetration rate of mobile power market. Despite the current decline in global smart phone shipments, but with the improvement of battery capacity of single battery and the high power consumption of 5G chips in the future, the requirements for battery capacity will be further improved. Meanwhile, the sales of wearable devices such as bracelets, TWS (True Wireless Stereo) headphones have grown rapidly in recent years, bringing new growth momentum to the battery market in the 3C field. It is estimated that the global shipments of mobile power will exceed 12 million units in 2020. In addition, the gradual increase of battery capacity of mobile power is also one of the important reasons leading to the doubling of mobile power market size, which makes the utilization rate of NTC thermistors in mobile power also increase synchronously. Smart devices such as smart earphones, smart bracelets and smart watches are low-current devices, and the charging current is usually less than 0.1A. Adding high-reliability thermistor to the mobile power can effectively extend the battery life and reduce the damage of electronic components.
There are more than 5,000 enterprises in China's mobile power industry, which is in the stage of rapid development, and a large number of enterprises are entering or preparing to enter the production and sales of mobile power industry. Judging from the current competition pattern of the whole market, there is still no brand of mobile power with monopoly power. From the perspective of market geographical distribution, Asia-pacific region, North America and Europe are the major markets for mobile power. In 2018, Asia-pacific region, North America and Europe were worth $4.22 billion, $1.38 billion and $1.64 billion respectively. Therefore, NTC thermistors in the mobile power market share will also increase, and show the trend of gradual growth.