Gaming Chair Market Analysis Highlights the Impact of COVID-19 (2020-2024) | Introduction Of VR And Motion Gaming to boost the Market Growth | Technavio

Technavio has announced its latest market research report titled Global Gaming Chair Market 2020-2024 (Graphic: Business Wire)

LONDON--()--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.

Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report on COVID-19 Impacts

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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Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.

Gaming Chair Market 2020-2024: Segmentation

Gaming Chair Market is segmented as below:

  • Type
    • Table
    • Hybrid
    • Platform
  • Price
    • Mid Range
    • Low Range
    • High Range
  • Geographic Landscape
    • APAC
    • Europe
    • MEA
    • North America
    • South America

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR41073

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:

Executive Summary

  • Market Overview

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • 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

Customer Landscape

  • Overview

Geographic Landscape

  • 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

  • Overview
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • 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.
  • ThunderX3

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

     

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Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

Release Summary

The Global Gaming Chair Market will grow by USD 71.3 mn during 2020-2024

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/