The Future Market Insight With its analysis of the global industry from 2014 to 2018 and its projection for the period from 2019 to 2029, a new market research report by Future Market Insights on the mechanical keyboard market offers insightful information.
According to the report, $881 million in sales were generated by the mechanical keyboard industry globally in 2018. In addition, a number of factors, such as the growing popularity of PC games, the replacement of outdated PC peripherals, and better features in comparison to membrane-based keyboards, are anticipated to drive the global mechanical keyboard market to remarkable expansion throughout the anticipated period.
According to a market research report, a mechanical keyboard delivers better performance in terms of response speed and tactility needed by professionals and gamers. These factors are driving the demand for mechanical keyboards in the gaming industry. Another one of the significant trends in the global mechanical keyboard market is the focus of manufacturers on improving the performance of individual keys.
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The use of wireless ergonomic keyboards and keyboards compatible with several platforms is expanding in both developing and developed countries. These factors should lead to promising prospects for the market for mechanical keyboard producers.
Mechanical Keyboard Market – Key Research Findings
In 2018, the market for mechanical keyboards was estimated to be worth US$ 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 an additional potential for the mechanical keyboard market in the amount of US$ 757 Mn between 2019 and 2029, according to a 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 synchronisation 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 their market share.
Approximately 40% of the market is accounted for by Tier-1 energy and power quality metre providers. Some of the biggest and most seasoned vendors in the market, like Dell Inc., Razer Inc., and Logitech International S.A., have 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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