Europe Car Phone Holder Market

Europe Car Phone Holder Market Size (2024 to 2029)

The Europe car phone holder market is estimated to grow at a CAGR of 4.69% from 2024 to 2029 and be worth USD 0.42 billion by 2029 from USD 0.33 billion in 2024.

Car phone holder importance has been significantly growing in today's market because consumers have witnessed the exceptional benefits of having car phone holders, which help them not to distract themselves while driving. The European car phone holder market delivers many advantages to the consumer trend providing a safe place to attend virtual meetings, a guide for tracking maps, and one can juggle various songs with voice modulation while driving a vehicle. In addition, there is a significant increase in productivity by attending important meetings through calls while driving, which is recorded to be helpful for the consumer without getting distracted. 

There is an increase in ownership of mobile phones in today's world, raising the consumer's awareness to use them carefully while driving. In addition, the increase in the number of road accidents while using a mobile phone has substantially increased the market for Europe Car Phone Holder Market. WHO has registered a public health crisis mentioning road traffic accidents in the European Region have killed about 127 thousand people and injured 2.4 million, which has surged the market for car phone holders for the safety of drivers. The consumer places the car phone holder based on their convenience; it is placed in a particular position using various models attaching it through AC vents, and dashboards driving the market for car phone holders, which is efficient and convenient. 

To provide customized car phone holders for customers, companies focused on customizing designs in various sizes and features that can create various growth opportunities for the market. There is a rise in the number of vehicles in the market. It is also anticipated to have a complimentary rise for the car phone holder market, creating opportunities to improve technological advances contributing to consumer safety in the Car Phone Holder Market.

The European car phone holder market causes restraints for the magnetic phone holder mount, inducing a magnetic field to transfer the electricity wirelessly, causing interference and irreversible damage to wireless charging ports. Furthermore, it is also believed that magnetic phone holder mounts cause damage and affect the battery life due to the lack of definitive technology hampering the demand and imposing challenges for the Europe Car Phone Holder Market. There is also a severe threat that has been hindering the growth of the European car phone holder market due to the interference of the black market selling counterfeit and pirated versions of the original car phone holders. Hence, this has adversely impacted the companies producing car phone holders who have lost potential customers to counterfeit products. 

Impact of COVID-19 on European car phone holders market:

The COVID-19 pandemic outbreak has impacted the Europe Car Phone Holder Market, hampering the supply chain, and downward consumer demand has ultimately affected the market. A weak production flow with limited resources was observed during the pandemic halting the supply and demand curve for the car phone holder market. It is anticipated to build its supply and demand curve when the outbreak is controlled.

This research report on the Europe car phone handler market has been segmented and sub-segmented into the following categories.

Europe Car Phone Holder Market - By Product Type:

• Air Vent Mount
• Dashboard Mount
• Windshield Mount

Based on Segmentation by product type, the Air Vent Mount segment has dominated the entire market with the highest revenue share. It is expected to hold its position during the forecast period. The air vent mount is conveniently placed near the driving seat on the air vent of a vehicle which securely holds its optimum position, which is both safer and more suitable for the consumer. The Windshield Mount segment is anticipated to incline its demand as it comes with an automotive double-sided tape mounted on the vehicle's windshield. Hence, this segment makes it easier to mount without causing any damage making its demand ripening during the forecast period.

Europe Car Phone Holder Market - By Category:

• Spring-Loaded 
• Magnetic

On the basis of category, the demand for the spring-loaded segment has the highest market share for the European car phone holder market. Spring-loaded car phone holder is not only used in vehicles such as cars or trucks; they can be used even for two-wheeler vehicles giving extra grip without budging from their position. On the other hand, the Magnetic car phone holder segment is experiencing a break-even point in the market due to the magnetic effects that are believed to be reckoned with the mobile phone and is anticipated to have a stable growth rate during the forecast period.

Europe Car Phone Holder Market - By Price:

• Premium
• Economy

The European car phone holder market has dominated the market entirely by the Economy segment according to the price point. Many consumers prefer a reasonable price with additional benefits surging the market for the economy segment. There is also a significant growth rate for the premium segment as potential customers who prefer premium quality products tend to go for a high-end product boosting the premium segment market.

Europe Car Phone Holder Market - By Distribution Channel:

• Online Retail
• Offline Retail

The Online Retail segment has recently boosted the market owing to the sudden surge of the COVID-19 outbreak, which has tarnished the entire market to depend on online retail. A few perks contribute to the growth of the online retail segment, allowing the consumer to shop from the comfort of their home, and the product reaches through a delivery portal to the customer. This has accounted for the sudden surge in online retail since its emergence. There is also a stipulated growth for the offline retail segment, which is the old and traditional way of purchasing a product that a consumer can touch and feel before consuming. This has accelerated the growth even for offline retail, where buyers can choose through which segment they can consume a product entirely based on their preference.

Europe Car Phone Holder Market - By Country:

• UK
• Germany
• France
• Italy
• Spain
• Netherlands
• Sweden
• Austria
• Poland
• Rest of Europe

The European car phone holder market has escalated its growth drive due to various regulations imposed by the European government to protect the driver. As a result, car Phone Holders have not only become a necessity but also a regulatory in the leading European countries. The UK Car Phone Holder Market has boosted the market's leading demand in Europe. Various mobile phone laws have been implemented in the UK, suggesting Hands-free phone usage by fixating car phone holders without blocking the road view.

The German and France market share will likely hit the dominant growth rate in the coming years. Germany and France have adopted hands-free driving due to the increase in mobile phone usage, and the increase in vehicle owners has been subjected to boost the market for European car Phone Holder Market. The countries of Italy, Spain, Netherlands, Poland, and the rest of Europe are anticipated to further incline the car phone holder market during the forecast period.

KEY MARKET PLAYERS:

Companies playing a noteworthy role in the Europe car phone holder market include Brodit AB, Streetwize, Arkon Resources Inc., Halfords Group Plc and Syncwire.

RECENT HAPPENINGS IN THE MARKET:

• In 2021, a UK-based company Olixar, launched a wireless charging car phone holder mount without needing to plug anything in. This new mount is a way forward in cars and can provide a full battery even in heavy traffic.
• In December 2020, iOttie launched a new car phone holder known as Easy One Touch Connect Pro that comes with built-in Alexa, making it easier to use the phone through voice recognition and for the consumer while driving.