Base Year
Historical Year
Forecast Year
The global laptop cooling pads market reached a value of USD 379.64 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 630.59 million by 2032.
| Global Laptop Cooling Pads Market Report Summary | Description | Value |
| Base Year | USD Million | 2023 |
| Historical Period | USD Million | 2018-2023 |
| Forecast Period | USD Million | 2024-2032 |
| Market Size 2023 | USD Million | 379.64 |
| Market Size 2032 | USD Million | 630.59 |
| CAGR 2018-2023 | Percentage | XX% |
| CAGR 2024-2032 | Percentage | 5.8% |
| CAGR 2024-2032 - Market by Region | Middle East and Africa | 6.3% |
| CAGR 2024-2032 - Market by Country | India | 7.7% |
| CAGR 2024-2032 - Market by Country | Saudi Arabia | 6.6% |
| CAGR 2024-2032 - Market by Sales Channel | Organised | 6.4% |
| CAGR 2024-2032 - Market by End Use | Residential | 6.3% |
| Market Share by Country 2023 | India | 4.3% |
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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.
| 2023 Market Share by | Country |
| India | 4.3% |
| USA | XX% |
| Canada | XX% |
| UK | XX% |
| CAGR 2024-2032 - Market by | Country |
| India | 7.7% |
| Saudi Arabia | 6.6% |
| China | 6.4% |
| USA | 5.2% |
| Germany | 4.8% |
| Canada | XX% |
| UK | XX% |
| France | XX% |
| Italy | 4.1% |
| Japan | XX% |
| Australia | XX% |
| Brazil | XX% |
| Mexico | XX% |
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:
The sales channel in the industry can be divided into organised and unorganised.
| CAGR 2024-2032 - Market by | Sales Channel |
| Organised | 6.4% |
| Unorganised | XX% |
Laptop cooling pads find their end-uses in the following sectors:
| CAGR 2024-2032 - Market by | End Use |
| Residential | 6.3% |
| Commercial | 6.1% |
| Industrial | XX% |
| Others | XX% |
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.
| CAGR 2024-2032 - Market by | Region |
| Middle East and Africa | 6.3% |
| North America | 5.3% |
| Europe | XX% |
| Asia Pacific | XX% |
| Latin America | XX% |
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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.
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:
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.
| 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:
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| Breakup by Product Type |
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| Breakup by Sales Channel |
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| Breakup by End Use |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| 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. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the global laptop cooling pads market attained a value of nearly USD 379.64 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 630.59 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.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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