A Future Perspective With its analysis of the global industry from 2014 to 2018 and its forecast for the years 2019 to 2029, a fresh market research study by Future Market Insights on the mechanical keyboard market offers important information.
According to the research, the mechanical keyboard industry generated $881 million in worldwide sales in 2018. In addition, a number of factors, such as the growing popularity of PC games, the replacement of outmoded PC peripherals, and superior features of membrane-based keyboards, are anticipated to drive the global mechanical keyboard market to noticeable expansion over the course of the forecasted period.
According to a market survey report, a mechanical keyboard offers the responsiveness and tactile feel that professionals and gamers require. These factors are boosting the demand for mechanical keyboards in the gaming sector. Another significant development in the global mechanical keyboard market is manufacturers’ emphasis on improving the performance of specific keys.
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Both in industrialized and emerging nations, the usage of wireless ergonomic keyboards and keyboards compatible with several platforms is growing. These elements ought to result in favorable market prospects for manufacturers of mechanical keyboards.
Mechanical Keyboard Market – Key Research Findings
In 2018, the market for mechanical keyboards was estimated to be worth US$ 881 million.
During the projected period of 2019–2029, the mechanical keyboard market is anticipated to expand at a CAGR of 10%.
The gaming industry’s explosive growth, rising wireless keyboard use, and rising demand for keyboards that work on numerous platforms have all been drivers in the mechanical keyboard market’s expansion.
The mechanical keyboard market is dominated by North America, which held a 34 percent market share in 2018. But throughout the projection period, the mechanical keyboard market in APEJ (Asia Pacific Excluding Japan) is anticipated to rise rapidly and emerge as the most important market for mechanical keyboards.
The non-tactile linear switches are expected to create additional potential for the mechanical keyboard market in the amount of US$ 757 Mn between 2019 and 2029, according to research by Future Market Insight. The desire for an ergonomic gaming keyboard is also expected to increase the market for tactile non-click switches throughout the projected period. Additionally, the availability of synchronization methods that make it simple for mechanical keyboards to link with mice and headsets is significantly increasing around the world.
Mechanical Keyboard Market Structure Analysis
In order to pursue a stronger worldwide presence, the majority of the leading competitors in the competitive mechanical keyboard market are keeping a strategic focus on collaborations and new product advancements.
Mechanical keyboard manufacturers have differentiated their products and pursued growth strategies as a result of the expanding range of uses for mechanical keyboards and the competitive market. These elements offer the intended end-use industry a competitive edge and strengthen its market share.
Approximately 40% of the market is accounted for by Tier-1 energy and power quality meter providers. Some of the biggest and most seasoned vendors in the market, like Dell Inc., Razer Inc., and Logitech International S.A., have an extensive regional presence across the world.
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Mechanical Keyboard Market: Segmentation
Product
- Non-Tactile Linear Switches
- Tactile Non-Click Switches
- Tactile Click Switches
Connectivity
- Wired Keyboards
- Wireless Keyboards
Application
- Gaming
- Office/Industrial
Region
- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia Pacific Excluding Japan
- Japan
- Middle East & Africa
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About Future Market Insights, Inc.
Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization, and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel, and End Use over the next 10 years.
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