Analytical Study of Gaming Monitors in Western Europe from 2023 to 2033
The sale of gaming monitors in Western Europe is projected to reach US$ 642.6 million in 2023, compared to US$ 606.4 million in 2022. The pace of progress for gaming monitor in Western Europe is promising, projected to exhibit a CAGR of 5.9% over the period from 2023 to 2033. By 2033, the sale of gaming monitor is expected to hit US$ 1,159.1 million.
Attributes
Details
Industry size for Western Europe in 2023
US$ 642.6 million
Expected Industry Size for Western Europe by 2033
US$ 1,159.1 million
Forecasted CAGR between 2023 to 2033
5.9%
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Key Insights for Gaming Monitor in Western Europe
The number of people participating in gaming activities is reaching new heights in Western Europe. The ever-widening scope of games is also increasing the demand for gaming equipment. Consequently, there is a growing demand for gaming monitors in this region.
Games are often at the forefront of the latest technology. Tech-savvy consumers of games are also eager for advancements in gaming monitors. Innovations like 4K technology are boosting the demand for gaming monitors in Western Europe.
Gaming is no longer relegated to being exclusively a personal activity in Western Europe. The rise of platforms like Twitch has turned game streaming into a lucrative business for many. As a result, the increase in professional gaming is leading to a growth in demand for gaming monitors in Western Europe.
Key Trends for Gaming Monitor in Western Europe
Streaming platforms have aided in the rapid development of gaming tournaments, also known as e-sports. As the number of gaming tournaments in Western Europe rises, so does the demand for gaming monitors.
Gamers are seeking comfort while playing games, like for example gaming chairs. Curved monitors are one way through which companies are enhancing the comfort and immersion of the gaming experience.
Concerns over constant screen time affecting eyes are being addressed by producers. Low blue light technology has been introduced as a way to reduce the strain on the eyes of gamers.
Improvements in gameplay, graphic cards, Graphics processing units (GPU) technology, and other segments are aiding the overall gaming industry. Sales of gaming monitor are positively affected too.
Costs of gaming monitors can be prohibitive for many individuals in Western Europe. As the technology improves in gaming monitors, costs are rising too.
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Comparative View of Gaming Monitor in Key Markets
The demand for gaming monitor is analyzed for two regions other than Western Europe, namely Korea and Japan. The progress of gaming monitor in Western Europe is contrasted with the progress in Japan and Korea.
Gaming monitor industry volatile and subject to disruptions
Category-wise Insights
Online Boom Helps Online Stores to be the Leading Retailers of Gaming Monitors in Western Europe
Online stores are the dominant way in which gaming monitors are bought in Western Europe. For 2023, online stores are expected to account for 65.0% of the industry share by sales channel.
Demand for Gaming Monitor in Western Europe Based on Sales Channel
Online Stores
Industry Share in 2023
65.0%
Online stores not only provide convenience to consumers but also facilitate easy comparisons between different products. In a technologically advanced industry like gaming monitors, online-only product launches are common. Thus, the online sector is dominating the sales channel for gaming monitors in Western Europe.
VA Panels Continue to Dominate the Panel Type Segment in Western Europe
VA panels are the preferred panel type in Western Europe. In 2023, VA panels are predicted to hold 55.4% of the industry share by panel type.
Demand for Gaming Monitor in Western Europe Based on Panel Type
VA Panel
Industry Share in 2023
55.4%
Advancements in frame rates are making consumers try out different panels like IPS panels. However, the VA panel remains the prevalent type of panel in Western Europe. VA panels are generally regarded to deal with contrast better and thus Western European consumers are buying VA panel gaming monitors.
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Country-Wise Analysis
Countries
CAGR (2023 to 2033)
United Kingdom
6.9%
Germany
6.4%
France
6.1%
Companies in the United Kingdom are taking the Help of Offers and Discounts to Lure Consumers
The United Kingdom is a highly lucrative place for gaming monitors. During the forecast period, gaming monitor demand in the United Kingdom is set to progress at an encouraging CAGR of 6.9%. Companies in the country are attracting consumers by offering discounts. For instance, the prominent player Currys regularly hosts online sales of gaming monitors at discounted prices
High Number of Hardware Manufacturing Plants Help Gaming Monitors in Germany
Germany is set to see sturdy growth in the gaming monitor industry, with a predicted CAGR of 6.4% for the forecast period. Germany is home to several manufacturing plants from prominent companies. The country hosts several manufacturing plants operated by prominent companies, including Dell Technologies and Cherry Europe. The presence of these manufacturing plants is contributing to the increased sale of gaming monitors in the country.
Exponential Rise in the Number of Gamers is leading to Increasing Demand in France
France is another Western European country where the industry is expected to thrive. For the forecast period, the projected CAGR for the industry in France is a solid 6.1%. In recent times, the number of gamers in France have increased at a rapid pace. It is claimed that about one-third of the population in this country at least plays video games or views gaming content. Thus, gaming monitor sales are going up in France.
Competitive Landscape
The gaming monitor scene in Western Europe is moderately fragmented. While established players with popular products have captured a sizable chunk of the industry, there is plenty of room for small-scale players. Development in technology is the name of the game in Western Europe. As the resolutions and frame rates get better, there is jostling among the players to incorporate newer technology into products.
Recent Developments Observed in Gaming Monitor in Western Europe
In July 2023, Phillips launched its Philips Momentum 500B9C product. It boasts having 4K resolution and a 120Hz refresh rate.
In October 2023, Trust Gaming launched the Trust GXT 325B6D. The gaming monitor has a curved VA panel and built-in speakers.
Some of the Key Players with Gaming Monitor in Western Europe
Samsung Electronics Co. Ltd.
Dell Inc.
AOC Systems Incorporated
LG Electronics
Lenovo Group Limited
Acer Inc.
MICRO-STAR INTERNATIONAL CO. LTD.
Qisda Corporation
SCEPTRE Inc.
ViewSonic Corporation
Gigabyte Technology
Scope of the Report
Attribute
Details
Estimated Industry Size in 2023
US$ 642.6 million
Projected Industry Size in 2033
US$ 1,159.1 million
Anticipated CAGR between 2023 to 2033
5.9% CAGR
Historical Analysis of Demand for Gaming Monitor in Western Europe
2018 to 2022
Demand Forecast for Gaming Monitor in Western Europe
2023 to 2033
Report Coverage
Industry Size, Industry Trends, Key Insights for Gaming Monitor in Western Europe, Insights on Global Players and Leading Industry Strategy in Western Europe, Ecosystem Analysis of Local and Regional Western European Providers
Key Companies Profiled
Samsung Electronics Co. Ltd.
Dell Inc.
AOC Systems Incorporated
LG Electronics
Lenovo Group Limited
Acer Inc.
MICRO-STAR INTERNATIONAL CO. LTD.
Qisda Corporation
SCEPTRE Inc.
ViewSonic Corporation
Gigabyte Technology
Key Countries Profiled
United Kingdom
Germany
France
BENELUX
Sweden
Norway
Denmark
Italy
Spain
Key Segments
By Sales Channel:
Online Stores
Offline Stores
By Panel Type:
IPS Panel
TN Panel
VA Panel
By Country:
United Kingdom
Germany
France
BENELUX
Sweden
Norway
Denmark
Italy
Spain
Frequently Asked Questions
What is the Industry Size of Gaming Monitor in Western Europe?
The industry size of gaming monitor in Western Europe is estimated to be US$ 642.6 million in 2023.
At what Rate is Gaming Monitor Growing in Western Europe?
Gaming monitor is expected to develop at a CAGR of 5.9% over the period from 2023 to 2033 in Western Europe.
What is Driving the Demand for Gaming Monitor in Western Europe?
The rise of streaming and comfort in gaming equipment are two factors driving the demand in Western Europe.
What is the Preferred Panel Type in Gaming Monitor in Western Europe?
VA panels are the preferred panel type in gaming monitors in Western Europe, with an expected industry share of 55.4% in 2023.
What is the Dominant Sales Channel for Gaming Monitor Sales in Western Europe?
Online stores dominate the sales channel segment, with an expected industry share of 65.0% in 2023.
Table of Content
1. Executive Summary
1.1. Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Product Life Cycle Analysis
3.5. Supply Chain Analysis
3.5.1. Supply Side Participants and their Roles
3.5.1.1. Producers
3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
3.5.1.3. Wholesalers and Distributors
3.5.2. Value Added and Value Created at Node in the Supply Chain
3.5.3. List of Raw Material Suppliers
3.5.4. List of Existing and Potential Buyer’s
3.6. Investment Feasibility Matrix
3.7. Value Chain Analysis
3.7.1. Profit Margin Analysis
3.7.2. Wholesalers and Distributors
3.7.3. Retailers
3.8. PESTLE and Porter’s Analysis
3.9. Regulatory Landscape
3.9.1. By Key Regions
3.10. Regional Parent Market Outlook
3.11. Production and Consumption Statistics
3.12. Import and Export Statistics
4. Industry Analysis and Outlook 2018 to 2022 and Forecast, 2023 to 2033
4.1. Historical Market Size Value (US$ Million) & Volume (Unit) Analysis, 2018 to 2022
4.2. Current and Future Market Size Value (US$ Million) & Volume (Unit) Projections, 2023 to 2033
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Panel Type
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) & Volume (Unit) Analysis By Panel Type, 2018 to 2022
5.3. Current and Future Market Size Value (US$ Million) & Volume (Unit) Analysis and Forecast By Panel Type, 2023 to 2033
5.3.1. IPS Panel
5.3.2. TN Panel
5.3.3. VA Panel
5.4. Y-o-Y Growth Trend Analysis By Panel Type, 2018 to 2022
5.5. Absolute $ Opportunity Analysis By Panel Type, 2023 to 2033
6. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Screen Size
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) & Volume (Unit) Analysis By Screen Size, 2018 to 2022
6.3. Current and Future Market Size Value (US$ Million) & Volume (Unit) Analysis and Forecast By Screen Size, 2023 to 2033
6.3.1. Less than 27 inches
6.3.2. 27-32 inches
6.3.3. More than 32 inches
6.4. Y-o-Y Growth Trend Analysis By Screen Size, 2018 to 2022
6.5. Absolute $ Opportunity Analysis By Screen Size, 2023 to 2033
7. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Sales Channel
7.1. Introduction / Key Findings
7.2. Historical Market Size Value (US$ Million) & Volume (Unit) Analysis By Sales Channel, 2018 to 2022
7.3. Current and Future Market Size Value (US$ Million) & Volume (Unit) Analysis and Forecast By Sales Channel, 2023 to 2033
7.3.1. Online Stores
7.3.2. Offline Stores
7.4. Y-o-Y Growth Trend Analysis By Sales Channel, 2018 to 2022
7.5. Absolute $ Opportunity Analysis By Sales Channel, 2023 to 2033
8. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By End-user
8.1. Introduction / Key Findings
8.2. Historical Market Size Value (US$ Million) & Volume (Unit) Analysis By End-user, 2018 to 2022
8.3. Current and Future Market Size Value (US$ Million) & Volume (Unit) Analysis and Forecast By End-user, 2023 to 2033
8.3.1. Consumer
8.3.2. Commercial
8.4. Y-o-Y Growth Trend Analysis By End-user, 2018 to 2022
8.5. Absolute $ Opportunity Analysis By End-user, 2023 to 2033
9. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Country
9.1. Introduction
9.2. Historical Market Size Value (US$ Million) & Volume (Unit) Analysis By Country, 2018 to 2022
9.3. Current Market Size Value (US$ Million) & Volume (Unit) Analysis and Forecast By Country, 2023 to 2033
9.3.1. UK
9.3.2. Germany
9.3.3. Italy
9.3.4. France
9.3.5. Spain
9.3.6. Rest of Western Europe
9.4. Market Attractiveness Analysis By Country
10. UK Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Region
10.1. Historical Market Size Value (US$ Million) & Volume (Unit) Trend Analysis By Market Taxonomy, 2018 to 2022
10.2. Market Size Value (US$ Million) & Volume (Unit) Forecast By Market Taxonomy, 2023 to 2033
10.2.1. By Region
10.2.1.1. England
10.2.1.2. Scotland
10.2.1.3. Wales
10.2.1.4. Northern Ireland
10.2.2. By Panel Type
10.2.3. By Screen Size
10.2.4. By Sales Channel
10.2.5. By End-user
10.3. Market Attractiveness Analysis
10.3.1. By Region
10.3.2. By Panel Type
10.3.3. By Screen Size
10.3.4. By Sales Channel
10.3.5. By End-user
10.4. Key Takeaways
11. Germany Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Region
11.1. Historical Market Size Value (US$ Million) & Volume (Unit) Trend Analysis By Market Taxonomy, 2018 to 2022
11.2. Market Size Value (US$ Million) & Volume (Unit) Forecast By Market Taxonomy, 2023 to 2033
11.2.1. By Region
11.2.1.1. North-east (Germany)
11.2.1.2. North-west (Germany)
11.2.1.3. Central (Germany)
11.2.1.4. South (Germany)
11.2.1.5. Other(Germany)
11.2.2. By Panel Type
11.2.3. By Screen Size
11.2.4. By Sales Channel
11.2.5. By End-user
11.3. Market Attractiveness Analysis
11.3.1. By Region
11.3.2. By Panel Type
11.3.3. By Screen Size
11.3.4. By Sales Channel
11.3.5. By End-user
11.4. Key Takeaways
12. Italy Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Region
12.1. Historical Market Size Value (US$ Million) & Volume (Unit) Trend Analysis By Market Taxonomy, 2018 to 2022
12.2. Market Size Value (US$ Million) & Volume (Unit) Forecast By Market Taxonomy, 2023 to 2033
12.2.1. By Region
12.2.1.1. North (Italy)
12.2.1.2. Central (Italy)
12.2.1.3. South (Italy)
12.2.1.4. Islands (Italy)
12.2.2. By Panel Type
12.2.3. By Screen Size
12.2.4. By Sales Channel
12.2.5. By End-user
12.3. Market Attractiveness Analysis
12.3.1. By Region
12.3.2. By Panel Type
12.3.3. By Screen Size
12.3.4. By Sales Channel
12.3.5. By End-user
12.4. Key Takeaways
13. France Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Region
13.1. Historical Market Size Value (US$ Million) & Volume (Unit) Trend Analysis By Market Taxonomy, 2018 to 2022
13.2. Market Size Value (US$ Million) & Volume (Unit) Forecast By Market Taxonomy, 2023 to 2033
13.2.1. By Region
13.2.1.1. Northern (France)
13.2.1.2. Central (France)
13.2.1.3. Southern (France)
13.2.1.4. Eastern (France)
13.2.2. By Panel Type
13.2.3. By Screen Size
13.2.4. By Sales Channel
13.2.5. By End-user
13.3. Market Attractiveness Analysis
13.3.1. By Region
13.3.2. By Panel Type
13.3.3. By Screen Size
13.3.4. By Sales Channel
13.3.5. By End-user
13.4. Key Takeaways
14. Spain Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Region
14.1. Historical Market Size Value (US$ Million) & Volume (Unit) Trend Analysis By Market Taxonomy, 2018 to 2022
14.2. Market Size Value (US$ Million) & Volume (Unit) Forecast By Market Taxonomy, 2023 to 2033
14.2.1. By Region
14.2.1.1. Basque Country
14.2.1.2. Andalusia
14.2.1.3. Extremadura
14.2.1.4. Catalonia
14.2.1.5. Valencia
14.2.1.6. Rest of Spain
14.2.2. By Panel Type
14.2.3. By Screen Size
14.2.4. By Sales Channel
14.2.5. By End-user
14.3. Market Attractiveness Analysis
14.3.1. By Region
14.3.2. By Panel Type
14.3.3. By Screen Size
14.3.4. By Sales Channel
14.3.5. By End-user
14.4. Key Takeaways
15. Rest of Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033
15.1. Historical Market Size Value (US$ Million) & Volume (Unit) Trend Analysis By Market Taxonomy, 2018 to 2022
15.2. Market Size Value (US$ Million) & Volume (Unit) Forecast By Market Taxonomy, 2023 to 2033
15.2.1. By Panel Type
15.2.2. By Screen Size
15.2.3. By Sales Channel
15.2.4. By End-user
15.3. Market Attractiveness Analysis
15.3.1. By Panel Type
15.3.2. By Screen Size
15.3.3. By Sales Channel
15.3.4. By End-user
15.4. Key Takeaways
16. Market Structure Analysis
16.1. Competition Dashboard
16.2. Competition Benchmarking
16.3. Market Share Analysis of Top Players
16.3.1. By Regional
16.3.2. By Panel Type
16.3.3. By Screen Size
16.3.4. By Sales Channel
16.3.5. By End-user
17. Competition Analysis
17.1. Competition Deep Dive
17.1.1. Samsung Electronics Co. Ltd.
17.1.1.1. Overview
17.1.1.2. Product Portfolio
17.1.1.3. Profitability by Market Segments
17.1.1.4. Sales Footprint
17.1.1.5. Strategy Overview
17.1.1.5.1. Marketing Strategy
17.1.1.5.2. Product Strategy
17.1.1.5.3. Channel Strategy
17.1.2. Dell Inc.
17.1.2.1. Overview
17.1.2.2. Product Portfolio
17.1.2.3. Profitability by Market Segments
17.1.2.4. Sales Footprint
17.1.2.5. Strategy Overview
17.1.2.5.1. Marketing Strategy
17.1.2.5.2. Product Strategy
17.1.2.5.3. Channel Strategy
17.1.3. AOC Systems Incorporated
17.1.3.1. Overview
17.1.3.2. Product Portfolio
17.1.3.3. Profitability by Market Segments
17.1.3.4. Sales Footprint
17.1.3.5. Strategy Overview
17.1.3.5.1. Marketing Strategy
17.1.3.5.2. Product Strategy
17.1.3.5.3. Channel Strategy
17.1.4. LG Electronics
17.1.4.1. Overview
17.1.4.2. Product Portfolio
17.1.4.3. Profitability by Market Segments
17.1.4.4. Sales Footprint
17.1.4.5. Strategy Overview
17.1.4.5.1. Marketing Strategy
17.1.4.5.2. Product Strategy
17.1.4.5.3. Channel Strategy
17.1.5. Lenovo Group Limited
17.1.5.1. Overview
17.1.5.2. Product Portfolio
17.1.5.3. Profitability by Market Segments
17.1.5.4. Sales Footprint
17.1.5.5. Strategy Overview
17.1.5.5.1. Marketing Strategy
17.1.5.5.2. Product Strategy
17.1.5.5.3. Channel Strategy
17.1.6. Acer Inc.
17.1.6.1. Overview
17.1.6.2. Product Portfolio
17.1.6.3. Profitability by Market Segments
17.1.6.4. Sales Footprint
17.1.6.5. Strategy Overview
17.1.6.5.1. Marketing Strategy
17.1.6.5.2. Product Strategy
17.1.6.5.3. Channel Strategy
17.1.7. MICRO-STAR INTERNATIONAL CO. LTD.
17.1.7.1. Overview
17.1.7.2. Product Portfolio
17.1.7.3. Profitability by Market Segments
17.1.7.4. Sales Footprint
17.1.7.5. Strategy Overview
17.1.7.5.1. Marketing Strategy
17.1.7.5.2. Product Strategy
17.1.7.5.3. Channel Strategy
17.1.8. Qisda Corporation
17.1.8.1. Overview
17.1.8.2. Product Portfolio
17.1.8.3. Profitability by Market Segments
17.1.8.4. Sales Footprint
17.1.8.5. Strategy Overview
17.1.8.5.1. Marketing Strategy
17.1.8.5.2. Product Strategy
17.1.8.5.3. Channel Strategy
17.1.9. SCEPTRE Inc.
17.1.9.1. Overview
17.1.9.2. Product Portfolio
17.1.9.3. Profitability by Market Segments
17.1.9.4. Sales Footprint
17.1.9.5. Strategy Overview
17.1.9.5.1. Marketing Strategy
17.1.9.5.2. Product Strategy
17.1.9.5.3. Channel Strategy
17.1.10. ViewSonic Corporation
17.1.10.1. Overview
17.1.10.2. Product Portfolio
17.1.10.3. Profitability by Market Segments
17.1.10.4. Sales Footprint
17.1.10.5. Strategy Overview
17.1.10.5.1. Marketing Strategy
17.1.10.5.2. Product Strategy
17.1.10.5.3. Channel Strategy
17.1.11. Gigabyte Technology
17.1.11.1. Overview
17.1.11.2. Product Portfolio
17.1.11.3. Profitability by Market Segments
17.1.11.4. Sales Footprint
17.1.11.5. Strategy Overview
17.1.11.5.1. Marketing Strategy
17.1.11.5.2. Product Strategy
17.1.11.5.3. Channel Strategy
18. Assumptions & Acronyms Used19. Research Methodology
