Smart Power Industry Overview
The Smart power market is moderately fragmented with the firm concentration ratio increasing. Thus, the intensity of competitive rivalry in the market is high. The smart power market comprises various prominent players, such as Belkin International Inc., Nokia Corporation, and Sony Corporation.
- Sept 2020- Samsung Electronics Co. Ltd announced to launch the new Samsung Wireless Charger Trio. The new wireless charger is capable of charging three devices simultaneously. It supports the Qi wireless charging standard and that means this charger can be used to charge up any device that supports the standard, not necessarily the latest in mobile technology from Samsung.
- Jan 2020- Belkin International Inc partnered with Devialet, which has expertise across acoustic architecture, loudspeakers, and signal processing, over 160 patents, and a premium consumer brand developed Soundform ELITE Hi-Fi Smart Speaker and fast wireless charger. The wireless charging is of 10W for impactful bass levels of the speaker
Smart Power Market Leaders
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Samsung Electronics Co. Ltd
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Sony Corporation
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LG Electronics Inc.
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Huawei Technologies Co. Ltd
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Nokia Corporation
- *Disclaimer: Major Players sorted in no particular order
