diff --git a/share/qtcreator/qmldesigner/assetsLibraryQmlSources/AssetDelegate.qml b/share/qtcreator/qmldesigner/assetsLibraryQmlSources/AssetDelegate.qml
index 29443f654d3..0cd6595fecc 100644
--- a/share/qtcreator/qmldesigner/assetsLibraryQmlSources/AssetDelegate.qml
+++ b/share/qtcreator/qmldesigner/assetsLibraryQmlSources/AssetDelegate.qml
@@ -171,11 +171,16 @@ TreeViewDelegate {
         onReleased: (mouse) => {
             mouseArea.allowTooltip = true
 
+            if (root.__isDirectory)
+                return
+
             if (mouse.button === Qt.LeftButton) {
                 if (!(mouse.modifiers & Qt.ControlModifier))
                     root.assetsView.selectedAssets = {}
                 root.assetsView.selectedAssets[root.__itemPath] = root.currFileSelected
                 root.assetsView.selectedAssetsChanged()
+
+                root.assetsView.currentFilePath = root.__itemPath
             }
         }
 
diff --git a/share/qtcreator/qmldesigner/assetsLibraryQmlSources/AssetsView.qml b/share/qtcreator/qmldesigner/assetsLibraryQmlSources/AssetsView.qml
index 276dd2e2aef..ad51a960cb8 100644
--- a/share/qtcreator/qmldesigner/assetsLibraryQmlSources/AssetsView.qml
+++ b/share/qtcreator/qmldesigner/assetsLibraryQmlSources/AssetsView.qml
@@ -24,6 +24,8 @@ TreeView {
     property alias verticalScrollBar: verticalScrollBar
 
     property var selectedAssets: ({})
+    // the latest file that was clicked, or changed to via Up or Down keys
+    property string currentFilePath: ""
 
     // used to see if the op requested is to expand or to collapse.
     property int lastRowCount: -1
@@ -34,6 +36,7 @@ TreeView {
     property int rootPathRow: 0
     // i.e. first child of the root path
     readonly property int firstRow: root.rootPathRow + 1
+    readonly property int lastRow: root.rows - 1
     property var __createdDirectories: []
 
     rowHeightProvider: (row) => {
@@ -78,6 +81,19 @@ TreeView {
 
             updateRowsTimer.restart()
         }
+
+        function onDeleteSelectedAssetsRequested()
+        {
+            let selectedPaths = root.selectedPathsAsList()
+            if (!selectedPaths.length)
+                return
+
+            let deleted = assetsModel.requestDeleteFiles(selectedPaths)
+            if (!deleted) {
+                confirmDeleteFiles.files = selectedPaths
+                confirmDeleteFiles.open()
+            }
+        }
     }
 
     Connections {
@@ -319,6 +335,73 @@ TreeView {
             return root.modelIndex(row, 0)
     }
 
+    function __selectRow(row: int)
+    {
+        let index = root.__modelIndex(row)
+        if (assetsModel.isDirectory(index))
+            return
+
+        let filePath = assetsModel.filePath(index)
+
+        root.clearSelectedAssets()
+        root.setAssetSelected(filePath, true)
+        root.currentFilePath = filePath
+    }
+
+    Keys.enabled: true
+
+    Keys.onUpPressed: {
+        if (!root.currentFilePath)
+            return
+
+        let index = assetsModel.indexForPath(root.currentFilePath)
+        let row = root.rowAtIndex(index)
+        let nextRow = row
+        let nextIndex = index
+
+        do {
+            if (nextRow <= root.firstRow)
+                return // don't select hidden rows
+
+            nextRow--
+            nextIndex = root.__modelIndex(nextRow)
+        } while (assetsModel.isDirectory(nextIndex))
+
+        root.__selectRow(nextRow)
+        root.positionViewAtRow(nextRow, TableView.Contain)
+    }
+
+    Keys.onDownPressed: {
+        if (!root.currentFilePath)
+            return
+
+        let index = assetsModel.indexForPath(root.currentFilePath)
+        let row = root.rowAtIndex(index)
+
+        let nextRow = row
+        let nextIndex = index
+
+        do {
+            if (nextRow >= root.lastRow)
+                return // don't select hidden rows
+
+            nextRow++
+            nextIndex = root.__modelIndex(nextRow)
+        } while (assetsModel.isDirectory(nextIndex))
+
+        root.__selectRow(nextRow)
+        root.positionViewAtRow(nextRow, TableView.Contain)
+    }
+
+    ConfirmDeleteFilesDialog {
+        id: confirmDeleteFiles
+        parent: root
+        files: []
+
+        onAccepted: root.clearSelectedAssets()
+        onClosed: confirmDeleteFiles.files = []
+    }
+
     DropArea {
         id: dropArea
         enabled: true
diff --git a/src/plugins/qmldesigner/components/assetslibrary/assetslibraryview.cpp b/src/plugins/qmldesigner/components/assetslibrary/assetslibraryview.cpp
index 3ed096689e5..cb978d183fd 100644
--- a/src/plugins/qmldesigner/components/assetslibrary/assetslibraryview.cpp
+++ b/src/plugins/qmldesigner/components/assetslibrary/assetslibraryview.cpp
@@ -5,6 +5,7 @@
 
 #include "assetslibrarywidget.h"
 #include "createtexture.h"
+#include "designmodecontext.h"
 #include "qmldesignerplugin.h"
 
 #include <asynchronousimagecache.h>
@@ -61,7 +62,11 @@ WidgetInfo AssetsLibraryView::widgetInfo()
 {
     if (m_widget.isNull()) {
         m_widget = new AssetsLibraryWidget{imageCacheData()->asynchronousFontImageCache,
-                                           imageCacheData()->synchronousFontImageCache};
+                                           imageCacheData()->synchronousFontImageCache,
+                                           this};
+
+        auto context = new Internal::AssetsLibraryContext(m_widget.data());
+        Core::ICore::addContextObject(context);
 
         connect(m_widget, &AssetsLibraryWidget::addTexturesRequested, this,
         [&] (const QStringList &filePaths, AddTextureMode mode) {
@@ -84,6 +89,15 @@ WidgetInfo AssetsLibraryView::widgetInfo()
     return createWidgetInfo(m_widget.data(), "Assets", WidgetInfo::LeftPane, 0, tr("Assets"));
 }
 
+void AssetsLibraryView::customNotification(const AbstractView *view,
+                                           const QString &identifier,
+                                           const QList<ModelNode> &nodeList,
+                                           const QList<QVariant> &data)
+{
+    if (identifier == "delete_selected_assets")
+        m_widget->deleteSelectedAssets();
+}
+
 void AssetsLibraryView::modelAttached(Model *model)
 {
     AbstractView::modelAttached(model);
@@ -113,7 +127,8 @@ void AssetsLibraryView::setResourcePath(const QString &resourcePath)
 
     if (m_widget.isNull()) {
         m_widget = new AssetsLibraryWidget{imageCacheData()->asynchronousFontImageCache,
-                                           imageCacheData()->synchronousFontImageCache};
+                                           imageCacheData()->synchronousFontImageCache,
+                                           this};
     }
 
     m_widget->setResourcePath(resourcePath);
diff --git a/src/plugins/qmldesigner/components/assetslibrary/assetslibraryview.h b/src/plugins/qmldesigner/components/assetslibrary/assetslibraryview.h
index 95a4c868d52..374a9f730ef 100644
--- a/src/plugins/qmldesigner/components/assetslibrary/assetslibraryview.h
+++ b/src/plugins/qmldesigner/components/assetslibrary/assetslibraryview.h
@@ -37,6 +37,9 @@ private:
     class ImageCacheData;
     ImageCacheData *imageCacheData();
 
+    void customNotification(const AbstractView *view, const QString &identifier,
+                            const QList<ModelNode> &nodeList, const QList<QVariant> &data) override;
+
     std::once_flag imageCacheFlag;
     std::unique_ptr<ImageCacheData> m_imageCacheData;
     QPointer<AssetsLibraryWidget> m_widget;
diff --git a/src/plugins/qmldesigner/components/assetslibrary/assetslibrarywidget.cpp b/src/plugins/qmldesigner/components/assetslibrary/assetslibrarywidget.cpp
index 8778cd77895..578b70e50dd 100644
--- a/src/plugins/qmldesigner/components/assetslibrary/assetslibrarywidget.cpp
+++ b/src/plugins/qmldesigner/components/assetslibrary/assetslibrarywidget.cpp
@@ -7,7 +7,8 @@
 #include "assetslibraryiconprovider.h"
 #include "assetslibrarymodel.h"
 #include "designeractionmanager.h"
-#include "model.h"
+#include "assetslibraryview.h"
+
 #include "modelnodeoperations.h"
 #include "qmldesignerconstants.h"
 #include "qmldesignerplugin.h"
@@ -84,11 +85,13 @@ bool AssetsLibraryWidget::eventFilter(QObject *obj, QEvent *event)
 }
 
 AssetsLibraryWidget::AssetsLibraryWidget(AsynchronousImageCache &asynchronousFontImageCache,
-                                         SynchronousImageCache &synchronousFontImageCache)
+                                         SynchronousImageCache &synchronousFontImageCache,
+                                         AssetsLibraryView *view)
     : m_itemIconSize{24, 24}
     , m_fontImageCache{synchronousFontImageCache}
     , m_assetsIconProvider{new AssetsLibraryIconProvider(synchronousFontImageCache)}
     , m_assetsModel{new AssetsLibraryModel(this)}
+    , m_assetsView{view}
     , m_assetsWidget{new StudioQuickWidget(this)}
 {
     setWindowTitle(tr("Assets Library", "Title of assets library widget"));
@@ -150,6 +153,19 @@ AssetsLibraryWidget::AssetsLibraryWidget(AsynchronousImageCache &asynchronousFon
     reloadQmlSource();
 }
 
+void AssetsLibraryWidget::contextHelp(const Core::IContext::HelpCallback &callback) const
+{
+    if (m_assetsView)
+        QmlDesignerPlugin::contextHelp(callback, m_assetsView->contextHelpId());
+    else
+        callback({});
+}
+
+void AssetsLibraryWidget::deleteSelectedAssets()
+{
+    emit deleteSelectedAssetsRequested();
+}
+
 QString AssetsLibraryWidget::getUniqueEffectPath(const QString &parentFolder, const QString &effectName)
 {
     auto genEffectPath = [&parentFolder](const QString &name) {
diff --git a/src/plugins/qmldesigner/components/assetslibrary/assetslibrarywidget.h b/src/plugins/qmldesigner/components/assetslibrary/assetslibrarywidget.h
index 3221d24a80a..8ac9ab792cf 100644
--- a/src/plugins/qmldesigner/components/assetslibrary/assetslibrarywidget.h
+++ b/src/plugins/qmldesigner/components/assetslibrary/assetslibrarywidget.h
@@ -3,8 +3,10 @@
 
 #pragma once
 
+#include <coreplugin/icontext.h>
+#include <previewtooltip/previewtooltipbackend.h>
+
 #include "createtexture.h"
-#include "previewtooltipbackend.h"
 
 #include <QFrame>
 #include <QQmlPropertyMap>
@@ -31,6 +33,7 @@ class Model;
 
 class AssetsLibraryIconProvider;
 class AssetsLibraryModel;
+class AssetsLibraryView;
 class SynchronousImageCache;
 class AsynchronousImageCache;
 class ImageCacheCollector;
@@ -46,10 +49,11 @@ class AssetsLibraryWidget : public QFrame
 
 public:
     AssetsLibraryWidget(AsynchronousImageCache &asynchronousFontImageCache,
-                        SynchronousImageCache &synchronousFontImageCache);
+                        SynchronousImageCache &synchronousFontImageCache, AssetsLibraryView *view);
     ~AssetsLibraryWidget() = default;
 
     QList<QToolButton *> createToolBarWidgets();
+    void contextHelp(const Core::IContext::HelpCallback &callback) const;
 
     static QString qmlSourcesPath();
     void clearSearchFilter();
@@ -64,6 +68,8 @@ public:
     bool hasMaterialLibrary() const;
     void setHasMaterialLibrary(bool enable);
 
+    void deleteSelectedAssets();
+
     Q_INVOKABLE void startDragAsset(const QStringList &assetPaths, const QPointF &mousePos);
     Q_INVOKABLE void handleAddAsset();
     Q_INVOKABLE void handleSearchFilterChanged(const QString &filterText);
@@ -107,6 +113,7 @@ signals:
     void hasMaterialLibraryChanged();
     void isDraggingChanged();
     void endDrag();
+    void deleteSelectedAssetsRequested();
 
 protected:
     bool eventFilter(QObject *obj, QEvent *event) override;
@@ -124,6 +131,7 @@ private:
 
     AssetsLibraryIconProvider *m_assetsIconProvider = nullptr;
     AssetsLibraryModel *m_assetsModel = nullptr;
+    AssetsLibraryView *m_assetsView = nullptr;
 
     QScopedPointer<StudioQuickWidget> m_assetsWidget;
     std::unique_ptr<PreviewTooltipBackend> m_fontPreviewTooltipBackend;
diff --git a/src/plugins/qmldesigner/components/componentcore/designeractionmanager.cpp b/src/plugins/qmldesigner/components/componentcore/designeractionmanager.cpp
index 8a691cd6223..66862e37267 100644
--- a/src/plugins/qmldesigner/components/componentcore/designeractionmanager.cpp
+++ b/src/plugins/qmldesigner/components/componentcore/designeractionmanager.cpp
@@ -114,12 +114,14 @@ void DesignerActionManager::polishActions() const
     Core::Context qmlDesignerEditor3DContext(Constants::C_QMLEDITOR3D);
     Core::Context qmlDesignerNavigatorContext(Constants::C_QMLNAVIGATOR);
     Core::Context qmlDesignerMaterialBrowserContext(Constants::C_QMLMATERIALBROWSER);
+    Core::Context qmlDesignerAssetsLibraryContext(Constants::C_QMLASSETSLIBRARY);
 
     Core::Context qmlDesignerUIContext;
     qmlDesignerUIContext.add(qmlDesignerFormEditorContext);
     qmlDesignerUIContext.add(qmlDesignerEditor3DContext);
     qmlDesignerUIContext.add(qmlDesignerNavigatorContext);
     qmlDesignerUIContext.add(qmlDesignerMaterialBrowserContext);
+    qmlDesignerUIContext.add(qmlDesignerAssetsLibraryContext);
 
     for (auto *action : actions) {
         if (!action->menuId().isEmpty()) {
diff --git a/src/plugins/qmldesigner/designmodecontext.cpp b/src/plugins/qmldesigner/designmodecontext.cpp
index d046c594038..d0a2db8f54c 100644
--- a/src/plugins/qmldesigner/designmodecontext.cpp
+++ b/src/plugins/qmldesigner/designmodecontext.cpp
@@ -2,12 +2,13 @@
 // SPDX-License-Identifier: LicenseRef-Qt-Commercial OR GPL-3.0+ OR GPL-3.0 WITH Qt-GPL-exception-1.0
 
 #include "designmodecontext.h"
-#include "qmldesignerconstants.h"
+#include "assetslibrarywidget.h"
 #include "designmodewidget.h"
-#include "formeditorwidget.h"
 #include "edit3dwidget.h"
+#include "formeditorwidget.h"
 #include "materialbrowserwidget.h"
 #include "navigatorwidget.h"
+#include "qmldesignerconstants.h"
 #include "texteditorwidget.h"
 
 namespace QmlDesigner {
@@ -61,6 +62,18 @@ void MaterialBrowserContext::contextHelp(const HelpCallback &callback) const
     qobject_cast<MaterialBrowserWidget *>(m_widget)->contextHelp(callback);
 }
 
+AssetsLibraryContext::AssetsLibraryContext(QWidget *widget)
+    : IContext(widget)
+{
+    setWidget(widget);
+    setContext(Core::Context(Constants::C_QMLASSETSLIBRARY, Constants::C_QT_QUICK_TOOLS_MENU));
+}
+
+void AssetsLibraryContext::contextHelp(const HelpCallback &callback) const
+{
+    qobject_cast<AssetsLibraryWidget *>(m_widget)->contextHelp(callback);
+}
+
 NavigatorContext::NavigatorContext(QWidget *widget)
   : IContext(widget)
 {
diff --git a/src/plugins/qmldesigner/designmodecontext.h b/src/plugins/qmldesigner/designmodecontext.h
index 6a04d8ea70e..6645c4a3605 100644
--- a/src/plugins/qmldesigner/designmodecontext.h
+++ b/src/plugins/qmldesigner/designmodecontext.h
@@ -47,6 +47,15 @@ public:
     void contextHelp(const Core::IContext::HelpCallback &callback) const override;
 };
 
+class AssetsLibraryContext : public Core::IContext
+{
+    Q_OBJECT
+
+public:
+    AssetsLibraryContext(QWidget *widget);
+    void contextHelp(const Core::IContext::HelpCallback &callback) const override;
+};
+
 class NavigatorContext : public Core::IContext
 {
     Q_OBJECT
diff --git a/src/plugins/qmldesigner/qmldesignerconstants.h b/src/plugins/qmldesigner/qmldesignerconstants.h
index 3a29dcad037..f94cf219376 100644
--- a/src/plugins/qmldesigner/qmldesignerconstants.h
+++ b/src/plugins/qmldesigner/qmldesignerconstants.h
@@ -17,6 +17,7 @@ const char C_QMLEDITOR3D[]        = "QmlDesigner::Editor3D";
 const char C_QMLNAVIGATOR[]       = "QmlDesigner::Navigator";
 const char C_QMLTEXTEDITOR[]      = "QmlDesigner::TextEditor";
 const char C_QMLMATERIALBROWSER[] = "QmlDesigner::MaterialBrowser";
+const char C_QMLASSETSLIBRARY[]   = "QmlDesigner::AssetsLibrary";
 
 // Special context for preview menu, shared b/w designer and text editor
 const char C_QT_QUICK_TOOLS_MENU[] = "QmlDesigner::ToolsMenu";
diff --git a/src/plugins/qmldesigner/qmldesignerplugin.cpp b/src/plugins/qmldesigner/qmldesignerplugin.cpp
index f0a686deeeb..3b51d9147ea 100644
--- a/src/plugins/qmldesigner/qmldesignerplugin.cpp
+++ b/src/plugins/qmldesigner/qmldesignerplugin.cpp
@@ -398,17 +398,18 @@ void QmlDesignerPlugin::integrateIntoQtCreator(QWidget *modeWidget)
     Core::Context qmlDesignerEditor3dContext(Constants::C_QMLEDITOR3D);
     Core::Context qmlDesignerNavigatorContext(Constants::C_QMLNAVIGATOR);
     Core::Context qmlDesignerMaterialBrowserContext(Constants::C_QMLMATERIALBROWSER);
+    Core::Context qmlDesignerAssetsLibraryContext(Constants::C_QMLASSETSLIBRARY);
 
     context->context().add(qmlDesignerMainContext);
     context->context().add(qmlDesignerFormEditorContext);
     context->context().add(qmlDesignerEditor3dContext);
     context->context().add(qmlDesignerNavigatorContext);
     context->context().add(qmlDesignerMaterialBrowserContext);
+    context->context().add(qmlDesignerAssetsLibraryContext);
     context->context().add(ProjectExplorer::Constants::QMLJS_LANGUAGE_ID);
 
     d->shortCutManager.registerActions(qmlDesignerMainContext, qmlDesignerFormEditorContext,
-                                       qmlDesignerEditor3dContext, qmlDesignerNavigatorContext,
-                                       qmlDesignerMaterialBrowserContext);
+                                       qmlDesignerEditor3dContext, qmlDesignerNavigatorContext);
 
     const QStringList mimeTypes = { QmlJSTools::Constants::QML_MIMETYPE,
                                     QmlJSTools::Constants::QMLUI_MIMETYPE };
diff --git a/src/plugins/qmldesigner/shortcutmanager.cpp b/src/plugins/qmldesigner/shortcutmanager.cpp
index 7528490e0a9..71d37ba2f98 100644
--- a/src/plugins/qmldesigner/shortcutmanager.cpp
+++ b/src/plugins/qmldesigner/shortcutmanager.cpp
@@ -61,11 +61,8 @@ ShortCutManager::ShortCutManager()
 void ShortCutManager::registerActions(const Core::Context &qmlDesignerMainContext,
                                       const Core::Context &qmlDesignerFormEditorContext,
                                       const Core::Context &qmlDesignerEditor3DContext,
-                                      const Core::Context &qmlDesignerNavigatorContext,
-                                      const Core::Context &qmlDesignerMaterialBrowserContext)
+                                      const Core::Context &qmlDesignerNavigatorContext)
 {
-    Q_UNUSED(qmlDesignerMaterialBrowserContext)
-
     Core::ActionContainer *editMenu = Core::ActionManager::actionContainer(Core::Constants::M_EDIT);
 
     connect(&m_undoAction, &QAction::triggered, this, &ShortCutManager::undo);
@@ -205,10 +202,11 @@ void ShortCutManager::registerActions(const Core::Context &qmlDesignerMainContex
 
     connect(Core::ICore::instance(), &Core::ICore::contextChanged, this, [&](const Core::Context &context) {
         isMatBrowserActive = context.contains(Constants::C_QMLMATERIALBROWSER);
+        isAssetsLibraryActive = context.contains(Constants::C_QMLASSETSLIBRARY);
 
         if (!context.contains(Constants::C_QMLFORMEDITOR) && !context.contains(Constants::C_QMLEDITOR3D)
          && !context.contains(Constants::C_QMLNAVIGATOR)) {
-            m_deleteAction.setEnabled(isMatBrowserActive);
+            m_deleteAction.setEnabled(isMatBrowserActive || isAssetsLibraryActive);
             m_cutAction.setEnabled(false);
             m_copyAction.setEnabled(false);
             m_pasteAction.setEnabled(false);
@@ -263,6 +261,9 @@ void ShortCutManager::deleteSelected()
    if (isMatBrowserActive) {
        DesignerActionManager &designerActionManager = QmlDesignerPlugin::instance()->viewManager().designerActionManager();
        designerActionManager.view()->emitCustomNotification("delete_selected_material");
+   } else if (isAssetsLibraryActive) {
+       DesignerActionManager &designerActionManager = QmlDesignerPlugin::instance()->viewManager().designerActionManager();
+       designerActionManager.view()->emitCustomNotification("delete_selected_assets");
    } else if (currentDesignDocument()) {
         currentDesignDocument()->deleteSelected();
    }
diff --git a/src/plugins/qmldesigner/shortcutmanager.h b/src/plugins/qmldesigner/shortcutmanager.h
index 63c724934c2..a7aad507138 100644
--- a/src/plugins/qmldesigner/shortcutmanager.h
+++ b/src/plugins/qmldesigner/shortcutmanager.h
@@ -25,8 +25,7 @@ public:
     void registerActions(const Core::Context &qmlDesignerMainContext,
                          const Core::Context &qmlDesignerFormEditorContext,
                          const Core::Context &qmlDesignerEditor3DContext,
-                         const Core::Context &qmlDesignerNavigatorContext,
-                         const Core::Context &qmlDesignerMaterialBrowserContext);
+                         const Core::Context &qmlDesignerNavigatorContext);
 
     void connectUndoActions(DesignDocument *designDocument);
     void disconnectUndoActions(DesignDocument *designDocument);
@@ -67,6 +66,7 @@ private:
     QAction m_escapeAction;
 
     bool isMatBrowserActive = false;
+    bool isAssetsLibraryActive = false;
 };
 
 } // namespace QmlDesigner