Car Phone Holders Market Size, Share, and Analysis, By Product Category (Magnetic and Spring-loaded), By Type (Vent Mount, Dashboard Mount, Windshield Mount), and Regional Forecast, 2024-2032

The increasing sale of smartphones has surged the consumption of car phone holders as vehicle users require accessing important information, including Google maps, music playlists, phone calls, and others.

• For instance, according to the Economic Times data in September 2021, as per the stated report by Gartner Inc., global smartphone sales have totaled USD 328.8 million in the second quarter of F.Y. 2021. Also, there is a 10.8 year-over-year increase in the sales of smartphones globally.

The growing number of organized retail stores and shops has played a key role in the purchase behavior as these stores stock different brands under one platform. Also, e-commerce platforms have ignited customers' mindset in buying mobile phone holders for regular commute.

The promotional activities undertaken by the market players to pitch their launch of new products attract new buyers, which has played a crucial role in bringing new growth opportunities for the car phone holders market growth.

• In March 2021, VentGripz, the strongest mobile phone supplier mount, has listed its new magnetic car phone holders in Kickstarted, a crowd-funding platform to launch its new magnetic phone mount.

Moreover, prominent market players' advanced product offerings to match the changing customer requirements have escalated the demand for car phone holders.

Impact of COVID-19 on the Car Phone Holders Market

The COVID-19 crisis has drastically impacted the market and resulted in slow growth in the demand for car phone holders. Stringent government rules across the globe have led to the closure of marketplaces, which has directly affected car accessories and other electronic sales growth, as these products were treated as non-essential in the COVID-19 situation.

However, in the post-COVID-19 phase, the car phone holders market is expected to withstand optimal growth as the markets are gradually in the open phase. The purchase of such items is expected to gradually increase as travel restrictions are lifted while the commercial rental car services and private vehicles are escalating the demand for car phone holders.

Key Insights

The report will cover the following key insights:

• The increasing sale of smartphones has surged the consumption of car phone holders


• The growing number of organized retail stores and shops for the car phone holders market


• Overview of the car phone holders market


• Key manufacturers’ advanced product offerings


• Promotional activities undertaken by the market players to pitch their launch of new products for the car phone holders market


• Impact of COVID-19 on the car phone holders market

Analysis by Product Category

The spring-loaded segment is expected to lead the overall share of the global car phone holders market as spring-loaded phone holders are sturdy and can support a wide range of smartphones of any weight. They are superior to magnetic ones in terms of longevity and support the phone during bumpy off-road travels due to their spring-loaded suspension, slim design, and durable nature.

Analysis by Type

The dashboard mount segment is estimated to exhibit the largest share of the global car phone holders market as these car phone holders can be adjusted to the dashboard of a vehicle. These phone mounts can be installed easily on dashboards due to their adequate surface area, and the dashboards offer a better gripping facility to load heavy smartphones. The convenience of placing in dashboards and running for a long time without detachment makes the users opt for dashboard-mounted phone holders.

Regional Analysis

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The North America region is expected to exhibit the largest car phone holders market share. The region has a strong foothold in-car accessory and smartphone consumption, creating a robust revenue share for car phone holders and products. The North American people have a greater spending power for high-end electronics and better knowledge of the products, making the market opportunistic for the penetrated market players, which resulted in the region's dominance over the forecast period.

Key Players Covered

The report includes key players such as Belkin International Inc., TechMatte Inc., MPOW Innovations Limited, iOttie Inc., Shenzhen DIVI Technology Co. Ltd., Arkon Resources Inc., Mirakase International Limited, Scosche Industies Inc., Spigen Inc. and others.

Segmentation

Key Industry Developments

• In April 2021, Nokia Mobile planned to release branded accessories for its Nokia phones. The brand aims to add new stuff for convenience to the users. The collection of branded Nokia accessories will include a car phone holder, a 1000mAh charger, and a protective case.


• In May 2021, Inbase, a leading portable digital product manufacturer, unveiled the latest car mounts and holders in the Indian market. The car mount and holders are designed and manufactured using durable silicone material to withstand in the long run.