Market revenue in 2022 | USD 15,432.3 million |
Market revenue in 2030 | USD 26,371.2 million |
Growth rate | 6.9% (CAGR from 2022 to 2030) |
Largest segment | Electronic |
Fastest growing segment | Non-electronic |
Historical data covered | 2017 - 2021 |
Base year for estimation | 2022 |
Forecast period covered | 2023 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Electronic, Non-electronic |
Key market players worldwide | Logitech International SA, Western Digital Corp, HP Inc, Asustek Computer Inc GDR, Dell Technologies Inc Ordinary Shares - Class C, Seagate Technology Holdings PLC, Microsoft Corp, Gigabyte Technology, Hama, Kingston |
Electronic was the largest segment with a revenue share of 64.09% in 2022. Horizon Databook has segmented the Asia Pacific laptop accessories market based on electronic, non-electronic covering the revenue growth of each sub-segment from 2017 to 2030.
The electronics industry has greatly benefitted from the Association of Southeast Asian Nations (ASEAN) integrated production networks, which foster improved trade with larger Asian economies like China and Japan. According to a blog in The ASEAN, a political and economic union of 10 member states, the electronics sector accounts for 20% to 50% of the total value of exports of most countries in Asia.
High quantities of the world’s consumer electronics, like televisions, radios, computers, laptops, and cellular phones, come from the ASEAN region. More than 80% of the world’s hard drives are made in counties such as China, South Korea, Malaysia, and India. The increasing production and demand for laptops are expected to propel the laptop accessories market+ growth over the forecast period.
Asia is a global hub for the production and exports of technical consumer goods (TCG), among which various consumer electronics such as cellular phones, laptops and computers, adapters, keyboards, audio sets, radio sets, and sound systems, among others as well as other essential electronic parts, small and big domestic appliances.
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