What is Laptop Accessories Market Scope?
Laptops being a rapidly growing consumer electronics product is positively influencing the growth of the laptop accessories market. Moreover, the short life period of the laptop accessories supports their growth in terms of volume as customers need to buy laptop accessories in an average time period of 3-5 years. On the other hand, innovation pertaining to laptop, accessories are encouraging the customers to purchase the new product which in turn significantly boosts the growth of the market. Due to urbanization, the laptop accessories like screen protectors, replacement keyboards, laptop batteries, etc have become a vital component of our lives. They are meant to protect and leverage a device’s capabilities. These accessories make the laptop work effectively and faster. They make the laptop more useful. The accessories like wireless keyboard, external hard drive, USB Hub, Port Replicator are essential components to increase the efficiency of the laptop. In order to reduce data traffic in the laptop, pen drives are widely used and they are considered to be the necessary component of laptops. All these factors contribute to the growth of the laptop accessories market.
Influencing Trend:
Ease In Availability of The Laptop Accessories at Department Stores, Increasing Company Spending on Advertisement of The Laptop Accessories Through Social Media Networks and Increasing The Battery Storage Features, Fast Charging Features in Laptop Chargers and Quality Enhancement
Market Growth Drivers:
The Growth in Sales of Consumer Electronics Products, Increasing Purchasing Power in Developing Countries, Increasing Sales of The Laptop and Increasing Number of Corporate Offices Across the Globe
Challenges:
The Increasing Availability of Low-Cost Counterfeit Products
Restraints:
The Premium Price Associated with The Products
Opportunities:
Increase In Urbanization, Disposable Income, and E-Commerce Penetration and Rise In Product Innovation with Cost-Effectiveness
The Laptop Accessories market study is being classified by Type (Electronic Laptop Accessories [Laptop Charger, Laptop Battery, Audio accessories, Touchpads, External Hard Drive, Others] and Non-Electronic Laptop Accessories [Laptop Cases, Laptop Stand and Lap Desk, Screen Guard, Others]), by Application and major geographies with country level break-up.
The companies are exploring the market by adopting expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain a competitive advantage through combined collaborations. Analysts at AMA predicts that Manufacturers from United States will contribute to the maximum growth of Global Laptop Accessories market throughout the predicted period.
Fellowes Brands (United States), Hama GmbH & Co KG. (Germany), Bourns Inc. (United States), Panduit (United States), Sovella Inc. (United States), Tripp Lite (United States), Keysight Technologies (United States) and Fluke Corporation (United States) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are Bartec USA LLC (United States) and RS Pro (United Kingdom).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Laptop Accessories market by Type, Application and Region.
On the basis of geography, the market of Laptop Accessories has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Influencers and their Development Strategies
In February 2022, UpScalio, the firm has acquired majority ownership in four new companies in the electronics accessories, laptop bags, and kitchenware areas. With this addition, UpScalio now has a total of 13 brands in its portfolio.
In October 2022, leading laptop accessories brand Xebec™, creator of the original award-winning Tri-Screen, launched three products to further its mission to equip anyone to work from anywhere: The Keyboard, The Mouse, and The Power Bank.
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Providers of Laptop Accessories, Government Regulatory and Research Organizations and End-Use Industries
Laptop Accessories Market Study: Important Years
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Major Highlights of Market Study
Demand Determinants: Identifying top-notch application and business segments that seek high growth potentials in Laptop Accessories Market.
Key Strategic Developments: To target untapped regions more aggressively by focusing on product/service developments, innovation and R & D, new launches, Merger & acquisitions, JVs & partnerships.
Forces & Market Dynamics: Growth drivers, restraints & opportunities available in Laptop Accessories industry is examined with reference relevant market sectors and sub-sectors.
Customization available in this Study:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also includes significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets, To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.