NEW YORK, Oct. 13, 2023 /PRNewswire/ -- The car phone holder market is estimated to grow by USD 317.8 million from 2022 to 2027, growing at a CAGR of 5.29%. The car phone holder market is fragmented owing to the presence of many global and regional companies. A few prominent companies that offer car phone holder market are AMBRANE India Pvt. Ltd., Amkette, Arkon Resources Inc., Baseus Technology US Inc., Belkin International Inc., Bestrix LLC, Brodit AB, Canadian Tire Corp. Ltd., Encased Products Inc, Exizzle Line Co. Ltd., Halfords Group Plc, Hiratek, iOttie Inc., Mobile Fun Ltd., Portronics Digital Pvt. Ltd., ProClip USA LLC, Scosche Industries, SKYVIK, ZAAP Technologies, and Kenu. For details on companies and their offerings – Buy the report!
Company Offering:
- Amkette - The company offers car phone holder products such as iGrip Telescopic car phone holder, iGrip Easy view car phone holder, iGrip Tuff Pro car phone holder and iGrip Magnetic one touch dashboard, and windshield car mount.
- Arkon Resources Inc. - The company offers car phone holder products such as Mobile Grip 2 phone car mount for iPhone 12, 11, XS, XR, Galaxy Note 20, 10, S20, S10, and RoadVise car mount sticky suction Windshield and Dashboard mount.
- Baseus Technology US Inc. - The company offers car phone holder products such as Baseus C02 Magnetic phone holder car mount.
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By Geography, the market is classified as North America, APAC, Europe, South America, and Middle East and Africa. North America will have the largest share of the market.
- North America is estimated to account for 34% of the global market growth during the forecast period. The widespread use of smartphones in the region is one of the major factors that is significantly contributing to the growth of the global car phone holder market in North America. This growing use of smartphones with increasing internet penetration has generated a huge market for accessories including car phone holders that improve smartphone integration into daily life, including while driving.
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- Impactful driver- Rising smartphone adoption
- Key Trend - Emergence of wireless charging
- Major Challenges - The presence of counterfeit products
Market Segmentation
- The magnetic segment is estimated to witness significant growth during the forecast period. Magnetic car phone holder segments can be referred to as accessories designed to securely attach smartphones to a vehicle's dashboard, windshield, or air vent using magnetic force. This segment includes two major components such as magnetic plate and magnetic force.
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Car Phone Holder Market Scope |
|
Report Coverage |
Details |
Historic period |
2017-2021 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5.29% |
YoY growth 2022-2023 (%) |
5.15 |
Regional analysis |
North America, APAC, Europe, South America, and Middle East and Africa |
Key countries |
US, China, Germany, France, and UK |
TOC:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
About US
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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SOURCE Technavio
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