Reports
Global Laptop Cooling Pads Market Size, Share, Growth: By Product Type: Active Cooling Pad, Passive Cooling Pad; By Sales Channel: Organised, Unorganised; By End Use: Residential, Commercial, Industrial, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; 2024-2032
Global Laptop Cooling Pads Market Outlook
The global laptop cooling pads market reached a value of USD 358.83 million in 2023. The industry is further expected to grow at a CAGR of 5.8% in the forecast period of 2024-2032 to reach a value of around USD 554.04 million by 2032.
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North America to be a Significant Regional Market for Laptop Cooling Pads
The global market for laptop cooling pads is being significantly aided by the growth of the industry in North America. The region is witnessing a rising demand for the product. North America is likely to account for a significant share of the market for laptop cooling pads during the forecast period due to the WFH mechanisms in place across a wide range of organisations, especially for the duration of the COVID-19 pandemic. The booming sales of laptops in Europe and the Asia Pacific are also creating tremendous growth opportunities for the market growth due to the large-scale growth in the demand for laptop cooling pads in these regions.
Laptop Cooling Pads: Market Segmentation
Laptops are now not limited to privileges but have become part and parcel of almost everyone's life. The influence of desktops has almost diminished, and a large population now prefers laptops for work, gaming, and entertainment purposes. With advancements in laptop technology, high-temperature GPUs and CPUs have become a common concern. Therefore, to avoid this from occurring, laptop cooling pads are used on a wide scale.
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The product types in the market can be categorised as follows:
- Active Cooling Pad
- Passive Cooling Pad
The sales channel in the industry can be divided into organised and unorganised.
Laptop cooling pads find their end-uses in the following sectors:
- Residential
- Commercial
- Industrial
- Others
The regional markets for laptop cooling pads can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Favourable Government Initiatives to Bolster the Market Growth of Laptop Cooling Pads
The growth of the industry is being driven by factors like rising adoption of preventive steps to avoid premature failure of laptops, rising import and export of electronic products, and continuous usage of laptops in a range of vertical industry sectors. The increased adoption of gaming laptops, combined with a boom in the gaming industry, and the growing adoption of laptop accessories are also boosting the growth of the industry. The implementation of government initiatives to help the manufacturing sector is an important factor propelling the market growth. Other factors include rising population, rising urbanisation, and the increased disposable income of the consumers are further catalysing the market growth.
Key Industry Players in the Global Laptop Cooling Pads Market
The report gives a detailed analysis of the following key players in the global laptop cooling pads market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Targus Europe Limited
- Belkin International, Inc.
- Cooler Master Technology Inc.
- Honeywell International Inc.
- Logitech Inc.
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Product Type, Sales Channel, End Use, Region |
| Breakup by Product Type | Active Cooling Pad, Passive Cooling Pad |
| Breakup by Sales Channel | Organised, Unorganised |
| Breakup by End Use | Residential, Commercial, Industrial, Others |
| Breakup by Region | North America, Latin America, Europe, Middle East and Africa, Asia Pacific |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Targus Europe Limited, Belkin International, Inc., Cooler Master Technology Inc., Honeywell International Inc., Logitech Inc., Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Laptop Cooling Pads Market Analysis
8.1 Key Industry Highlights
8.2 Global Laptop Cooling Pads Historical Market (2018-2023)
8.3 Global Laptop Cooling Pads Market Forecast (2024-2032)
8.4 Global Laptop Cooling Pads Market by Product Type
8.4.1 Active Cooling Pad
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Passive Cooling Pad
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.5 Global Laptop Cooling Pads Market by Sales Channel
8.5.1 Organised
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Unorganised
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.6 Global Laptop Cooling Pads Market by End Use
8.6.1 Residential
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Commercial
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Industrial
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Others
8.7 Global Laptop Cooling Pads Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2023)
8.7.5.2 Forecast Trend (2024-2032)
9 North America Laptop Cooling Pads Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Laptop Cooling Pads Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Laptop Cooling Pads Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Laptop Cooling Pads Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Laptop Cooling Pads Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Targus Europe Limited
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Belkin International, Inc.
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Cooler Master Technology Inc.
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Honeywell International Inc.
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Logitech Inc.
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Laptop Cooling Pads Market: Key Industry Highlights, 2016 and 2026
2. Global Laptop Cooling Pads Historical Market: Breakup by Product Type (USD Million), 2018-2023
3. Global Laptop Cooling Pads Market Forecast: Breakup by Product Type (USD Million), 2024-2032
4. Global Laptop Cooling Pads Historical Market: Breakup by Sales Channel (USD Million), 2018-2023
5. Global Laptop Cooling Pads Market Forecast: Breakup by Sales Channel (USD Million), 2024-2032
6. Global Laptop Cooling Pads Historical Market: Breakup by End Use (USD Million), 2018-2023
7. Global Laptop Cooling Pads Market Forecast: Breakup by End Use (USD Million), 2024-2032
8. Global Laptop Cooling Pads Historical Market: Breakup by Region (USD Million), 2018-2023
9. Global Laptop Cooling Pads Market Forecast: Breakup by Region (USD Million), 2024-2032
10. North America Laptop Cooling Pads Historical Market: Breakup by Country (USD Million), 2018-2023
11. North America Laptop Cooling Pads Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Europe Laptop Cooling Pads Historical Market: Breakup by Country (USD Million), 2018-2023
13. Europe Laptop Cooling Pads Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Asia Pacific Laptop Cooling Pads Historical Market: Breakup by Country (USD Million), 2018-2023
15. Asia Pacific Laptop Cooling Pads Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Latin America Laptop Cooling Pads Historical Market: Breakup by Country (USD Million), 2018-2023
17. Latin America Laptop Cooling Pads Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Middle East and Africa Laptop Cooling Pads Historical Market: Breakup by Country (USD Million), 2018-2023
19. Middle East and Africa Laptop Cooling Pads Market Forecast: Breakup by Country (USD Million), 2024-2032
20. Global Laptop Cooling Pads Market Structure
Key Questions Answered in the Report
In 2023, the global laptop cooling pads market attained a value of nearly USD 358.83 million.
The market is projected to grow at a CAGR of 5.8% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 554.04 million by 2032.
The major drivers of the market include rapid urbanisation, growing import and export of electronic products, rising adoption of gaming laptops, and the increasing disposable income of consumers.
The key trends guiding the market development include the introduction of favourable government initiatives aimed at boosting the manufacturing of electronic products, the increasing adoption of preventative measures to avoid premature failure of laptops, and the rising trend of remote work.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The leading product types of laptop cooling pads in the market are active cooling pad and passive cooling pad.
The major sales channels in the market are organised and unorganised.
The significant end uses of laptop cooling pads are residential, commercial, and industrial, among others.
The major players in the market are Targus Europe Limited, Belkin International, Inc., Cooler Master Technology Inc., Honeywell International Inc., and Logitech Inc., among others.
Analyst Review
The global laptop cooling pads market attained a value of USD 358.83 million in 2023, driven by the rising import and export of electronic products. Aided by the increasing adoption of gaming laptops, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 5.8%. The market is projected to reach USD 554.04 million by 2032.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on product types, the market is segmented into active cooling pad and passive cooling pad. On the basis of sales channel, the industry is bifurcated into organised and unorganised. By end use, the market is divided into residential, commercial, and industrial, among others. The major regional markets for laptop cooling pads are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Targus Europe Limited, Belkin International, Inc., Cooler Master Technology Inc., Honeywell International Inc., and Logitech Inc., among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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