Market revenue in 2022 | USD 9,285.1 million |
Market revenue in 2030 | USD 14,779.3 million |
Growth rate | 6% (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 68.28% in 2022. Horizon Databook has segmented the Europe laptop accessories market based on electronic, non-electronic covering the revenue growth of each sub-segment from 2017 to 2030.
The Europe laptop accessories market is expected to register significant growth over the forecast period owing to the increasing demand for laptops since the start of the COVID-19 pandemic. For instance, according to Future Publishing Limited, the PC demand that gained momentum in 2020 owing to COVID-19 continued into 2021.
In Q1 2021, Western European PC shipments, which includes desktops, notebooks, and workstations. High consumer disposable income, a large base of laptop users, and rising number of tech enthusiasts and early adopters are among the key factors driving the demand for laptop accessories in the region.
The electronic accessories segment is likely to remain in the lead owing to increasing product demand. Manufacturers in the region have been expanding their product portfolios to cater to this demand.
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