In this market research report, Technavio covers the market outlook and growth prospects of the global laptop radiator market for 2017-2021. The market is further categorized into non-gaming laptops and gaming laptops, of which the non-gaming laptops segment accounted for a market share of 95% in 2016.
“The global laptop radiator market will witness declining shipments and declining growth rate during the forecast period as the laptop market has matured and has a penetration of close to 80%. However, the market is sustaining due to the adoption of radiators in gaming laptops,” says Sunil Kumar Singh, a lead construction research expert from Technavio.
Technavio’s research analysts segment the global laptop radiator market into the following regions:
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APAC: presence of a large potential consumer base to boost growth
The market for laptops in APAC is not saturated and accounts for a penetration of around 70%. As the laptop market is reaching saturation, the ASPs of these laptops are declining, thus driving the demand. Also, Chromebooks and netbooks are better options for the consumers as they are less expensive than the traditional or hybrid laptops. Hybrid laptops, owing to their higher ASPs, will generate high revenues, but the OEMs will witness a challenge in targeting its customers because of their high prices.
“One of the primary reasons for the high unit shipments of radiators in this region is the presence of a large potential consumer base, leading to a high demand for notebooks, desktops, and workstations integrated with radiators. APAC will be the fastest-growing region in the global gaming laptop market during the forecast period. One of the major reasons for its high growth prospect is the presence of many gaming laptop vendors in the region,” says Sunil.
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Americas: increasing number of e-sports leagues to boost demand for gaming laptops
This region had the highest adoption of gaming laptops in 2016. One of the major factors driving the demand for gaming laptops in this region is the rapidly increasing number of e-sports leagues. The US spearheaded the e-sports leagues. A high number of gamers from the US and around the globe see gaming as a potential career option. Since 2013, professional gamers in the US are being given the same visa as professional athletes.
The gaming market in South America is also rapidly growing, which will directly influence the gaming laptop market in this region during the forecast period. As a result, the demand for integrated radiators in these laptops is also increasing, thereby contributing to the global laptop radiator market.
EMEA: large number of hardcore console gamers to boost demand for gaming laptops
The market in EMEA is highly saturated, and the socioeconomic factors in the region have not been favorable in recent years. Therefore, the growth rate in EMEA has been low as compared to the other regions. One of the major drivers in this region is the high number of console gamers. EMEA accounts for the highest number of hardcore console gamers who are more likely to buy gaming laptops to pursue their passion for gaming.
Changing demographics of consumers is another major factor that influences market growth in this region. The average age of gamers and the proportion of female gamers is the highest in EMEA. As gaming becomes addictive for individuals of higher age groups, it will result in increased spending on gaming devices such as gaming laptops. This, in turn, will lead to an increased demand for laptop radiators.
The top vendors in the global laptop radiators market as highlighted in this market research analysis are:
- Asia Vital Components
- Corsair Components
- Deepcool Industries
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