Technavio has been monitoring the gaming chair market and it is poised to grow by USD 71.3 mn during 2020-2024, progressing at a CAGR of about 6% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Technavio has announced its latest market research report titled Global Gaming Chair Market 2020-2024 (Graphic: Business Wire)
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Frequently Asked Questions:
What are the major trends in the market?
Growing demand for PC games and gaming consoles is a major trend driving the market growth.
At what rate is the market projected to grow?
The year-over-year growth for 2020 is estimated at about 5.23% and the incremental growth of the market is anticipated to be USD 71.3 mn.
Who are the top players in the market?
AKRacing America Inc., Arozzi North America, Corsair Components Inc., DXRacer USA LLC, GT Omega Racing Ltd., Impakt SA, Raidmax, Shenzhen MARK Technology Co.Ltd., Thermaltake Technology Co. Ltd., and ThunderX3, are some of the major market participants.
What is the key market driver?
The introduction of VR and motion gaming is driving the growth of the market.
How big is the APAC market?
The APAC region will contribute 46% of the market share.
The market is concentrated, and the degree of concentration will accelerate during the forecast period. AKRacing America Inc., Arozzi North America, Corsair Components Inc., DXRacer USA LLC, GT Omega Racing Ltd., Impakt SA, Raidmax, Shenzhen MARK Technology Co.Ltd., Thermaltake Technology Co. Ltd., and ThunderX3 are some of the major market participants. The introduction of VR and motion gaming will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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Gaming Chair Market 2020-2024: Segmentation
Gaming Chair Market is segmented as below:
- Mid Range
- Low Range
- High Range
- North America
- South America
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Gaming Chair Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The gaming chair market report covers the following areas:
- Gaming Chair Market Size
- Gaming Chair Market Trends
- Gaming Chair Market Industry Analysis
This study identifies the growing demand for PC games and gaming consoles as one of the prime reasons driving the gaming chair market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Gaming Chair Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist gaming chair market growth during the next five years
- Estimation of the gaming chair market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the gaming chair market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of gaming chair market, vendors
Table of Contents:
- Market Overview
- Market ecosystem
- Value chain analysis
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 – 2024
Five Forces Analysis
- Five Forces Summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Type
- Market segments
- Comparison by Type placement
- Table – Market size and forecast 2019-2024
- Hybrid – Market size and forecast 2019-2024
- Platform – Market size and forecast 2019-2024
- Market opportunity by Type
Market Segmentation by Price
- Market segments
- Comparison by Price placement
- Mid range – Market size and forecast 2019-2024
- Low range – Market size and forecast 2019-2024
- High range – Market size and forecast 2019-2024
- Market opportunity by Price
- Geographic segmentation
- Geographic comparison
- APAC – Market size and forecast 2019-2024
- North America – Market size and forecast 2019-2024
- Europe – Market size and forecast 2019-2024
- South America – Market size and forecast 2019-2024
- MEA – Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
Drivers, Challenges, and Trends
- Market drivers
- Volume driver – Demand led growth
- Volume driver – Supply led growth
- Volume driver – External factors
- Volume driver – Demand shift in adjacent markets
- Price driver – Inflation
- Price driver – Shift from lower to higher priced units
- Market challenges
- Market trends
- Vendor landscape
- Landscape disruption
- Vendors covered
- Market positioning of vendors
- AKRacing America Inc.
- Arozzi North America
- Corsair Components Inc.
- DXRacer USA LLC
- GT Omega Racing Ltd.
- Impakt SA
- Shenzhen MARK Technology Co.Ltd.
- Thermaltake Technology Co. Ltd.
- Scope of the report
- Currency conversion rates for US$
- Research methodology
List of abbreviations
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