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Global Laptop Cooling Pads Market: By Product Type: Active Cooling Pad, Passive Cooling Pad; By Sales Channel: Organised, Unorganised; By End Use: Residential, Commercial, Industrial, Others; Regional Analysis; Historical Market and Forecast (2016-2026); Competitive Landscape; Industry Events and Developments

Global Laptop Cooling Pads Market Outlook

The global laptop cooling pads market reached a value of USD 320.57 million in 2020. The industry is further expected to grow at a CAGR of 5.8% in the forecast period of 2021-2026 to reach a value of around USD 494.96 million by 2026.

 

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: Industry Definition and 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.

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.

 

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 industry based on the Porter's five forces model along with giving a SWOT analysis.

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    Industry Opportunities and Challenges
8    Global Laptop Cooling Pads Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Laptop Cooling Pads Historical Market (2016-2020) 
    8.3    Global Laptop Cooling Pads Market Forecast (2021-2026)
    8.4    Global Laptop Cooling Pads Market by Product Type
        8.4.1    Active Cooling Pad
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2016-2020)
            8.4.1.3    Forecast Trend (2021-2026)
        8.4.2    Passive Cooling Pad
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2016-2020)
            8.4.2.3    Forecast Trend (2021-2026)
    8.5    Global Laptop Cooling Pads Market by Sales Channel
        8.5.1    Organised
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2016-2020)
            8.5.1.3    Forecast Trend (2021-2026)
        8.5.2    Unorganised
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2016-2020)
            8.5.2.3    Forecast Trend (2021-2026)
    8.6    Global Laptop Cooling Pads Market by End Use
        8.6.1    Residential
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2016-2020)
            8.6.1.3    Forecast Trend (2021-2026)
        8.6.2    Commercial
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2016-2020)
            8.6.2.3    Forecast Trend (2021-2026)
        8.6.3    Industrial
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2016-2020)
            8.6.3.3    Forecast Trend (2021-2026)
        8.6.4    Others
    8.7    Global Laptop Cooling Pads Market by Region
        8.7.1    Market Share
            8.7.1.1    North America
            8.7.1.2    Europe
            8.7.1.3    Asia Pacific
            8.7.1.4    Latin America
            8.7.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2016-2020)
        9.1.2    Forecast Trend (2021-2026)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2016-2020)
        9.2.2    Forecast Trend (2021-2026)
        9.2.3    Breakup by Country
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2016-2020)
        9.3.2    Forecast Trend (2021-2026)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2016-2020)
        9.4.2    Forecast Trend (2021-2026)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2016-2020)
        9.5.2    Forecast Trend (2021-2026)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Value Chain Analysis
12    Competitive Landscape

    12.1    Market Structure
    12.2    Company Profiles
        12.2.1    Targus Europe Limited
            12.2.1.1    Company Overview
            12.2.1.2    Product Portfolio
            12.2.1.3    Demographic Reach and Achievements
            12.2.1.4    Certifications
        12.2.2    Belkin International, Inc.
            12.2.2.1    Company Overview
            12.2.2.2    Product Portfolio
            12.2.2.3    Demographic Reach and Achievements
            12.2.2.4    Certifications
        12.2.3    Cooler Master Technology Inc.
            12.2.3.1    Company Overview
            12.2.3.2    Product Portfolio
            12.2.3.3    Demographic Reach and Achievements
            12.2.3.4    Certifications
        12.2.4    Honeywell International Inc.
            12.2.4.1    Company Overview
            12.2.4.2    Product Portfolio
            12.2.4.3    Demographic Reach and Achievements
            12.2.4.4    Certifications
        12.2.5    Logitech Inc.
            12.2.5.1    Company Overview
            12.2.5.2    Product Portfolio
            12.2.5.3    Demographic Reach and Achievements
            12.2.5.4    Certifications
        12.2.6    Others
13    Industry Events and Developments

 

List of 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), 2016-2020
3.    Global Laptop Cooling Pads Market Forecast: Breakup by Product Type (USD Million), 2021-2026
4.    Global Laptop Cooling Pads Historical Market: Breakup by Sales Channel (USD Million), 2016-2020
5.    Global Laptop Cooling Pads Market Forecast: Breakup by Sales Channel (USD Million), 2021-2026
6.    Global Laptop Cooling Pads Historical Market: Breakup by End Use (USD Million), 2016-2020
7.    Global Laptop Cooling Pads Market Forecast: Breakup by End Use (USD Million), 2021-2026
8.    Global Laptop Cooling Pads Historical Market: Breakup by Region (USD Million), 2016-2020
9.    Global Laptop Cooling Pads Market Forecast: Breakup by Region (USD Million), 2021-2026
10.    North America Laptop Cooling Pads Historical Market: Breakup by Country (USD Million), 2016-2020
11.    North America Laptop Cooling Pads Market Forecast: Breakup by Country (USD Million), 2021-2026
12.    Europe Laptop Cooling Pads Historical Market: Breakup by Country (USD Million), 2016-2020
13.    Europe Laptop Cooling Pads Market Forecast: Breakup by Country (USD Million), 2021-2026
14.    Asia Pacific Laptop Cooling Pads Historical Market: Breakup by Country (USD Million), 2016-2020
15.    Asia Pacific Laptop Cooling Pads Market Forecast: Breakup by Country (USD Million), 2021-2026
16.    Latin America Laptop Cooling Pads Historical Market: Breakup by Country (USD Million), 2016-2020
17.    Latin America Laptop Cooling Pads Market Forecast: Breakup by Country (USD Million), 2021-2026
18.    Middle East and Africa Laptop Cooling Pads Historical Market: Breakup by Country (USD Million), 2016-2020
19.    Middle East and Africa Laptop Cooling Pads Market Forecast: Breakup by Country (USD Million), 2021-2026
20.    Global Laptop Cooling Pads Market Structure

Key Questions Answered in the Report

In 2020, the global laptop cooling pads market attained a value of nearly USD 320.57 million.

The market is projected to grow at a CAGR of 5.8% between 2021 and 2026.

The market is estimated to witness a healthy growth in the forecast period of 2021-2026 to reach about USD 494.96 million by 2026.

The major market drivers include rising population, rising urbanisation, growing import and export of electronic products, rising adoption of gaming laptops, and the increased disposable income of the consumers.

The rising initiatives by the government to boost the manufacturing sector is an important trend propelling the growth of the market.

The major regions in the industry 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 industry are organised and unorganised.

The significant end use sectors in the market are residential, commercial, and industrial, among others.

The major players in the industry 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 320.57 million in 2020, 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 2021-2026, growing at a CAGR of 5.8%. The market is projected to reach USD 494.96 million by 2026.

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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