Global Gaming Steering Wheels Market is forecast to grow at 8.0% with factor such as growing gaming culture across world and growing adoption of augmented and virtual reality for racing games can act as a major factor for the growth of the market.
Gaming steering wheels market has shown an exceptional penetration in countries such as China as the growing game streaming culture is changing the gaming scenario across globe. In developing countries, growing demand of gaming wheels for professional training is creating opportunity for the global gaming steering wheels market.
Gaming Steering Wheels Market Scenario
According to Data Bridge Market Research, the market for global gaming steering wheels in Asia-Pacific has the highest market share followed by North America and Europe. Market leader is Endor AG accounts an estimated market share of approximately 50% - 59% in the global market. The company has gained outstanding sale by providing gaming steering wheels products and entering partnerships which strengthens its product portfolio.
For instance,
- In June 2021, Endor AG launched Bentley steering wheel. The key feature of this product was its capability for using it for real time application and virtual application. This racing wheel was designed in partnership with Bentley. This product launch helped the company to improve its portfolio
- In July 2021, Endor AG entered into a partnership with PlayStation Studios. The key intention of this partnership was to develop new peripheral devices licensed for Gran Turismo for racing/driving simulators which includes all the racing equipment for types of gaming consoles. By this partnership both the companies will strengthen its portfolio and will help the companies to expand its market
Trends Impacting the Market
Now the question is which other regions Endor AG, Logitech, and Thrustmaster (A Brand of Guillemot Corporation S.A.) are targeting? Data Bridge Market Research has forecast a large growth in global gaming steering wheels market and the market leaders targeting China and Japan to be their next pocket revenue for 2021.
The gaming steering wheels is becoming more competitive every year with companies Endor AG, Logitech, and Thrustmaster (A Brand of Guillemot Corporation S.A.) as they are the market leaders for gaming steering wheels. The Data Bridge Market Research new reports highlight the major growth factors and opportunities in global gaming steering wheels market.
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Global Gaming Steering Wheels Market Development
- In June 2021, Thrustmaster launched T-GT II. The key feature of this product was its design as this product was designed to support PS3, PS4, PS5 and PC. This product will help the company to improve its gaming simulator wheel and racing wheel portfolio and provide innovative products for professional and casual gamers.
Scope of the Global Gaming Steering Wheels Market
All country based analysis of global gaming steering wheels market is further analysed based on maximum granularity into further segmentation. On the basis of weight, global gaming steering wheels market is segmented into 0-2.0 KG, 2.1-4.0 KG, 4.1-6.0 KG, 6.1-8.0 KG, More than 8.0 KG. On the basis of clutch pedal, global gaming steering wheels market has been segmented into with clutch pedal, without clutch pedal. On the basis of distribution channel, global gaming steering wheels market has been segmented into offline, online. Offline segment is further segmented into supermarkets & hypermarkets, electronics stores, sports goods stores, others. Online segment is further segmented into 3RD party, company-owned.
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Key Pointers Covered in Global Gaming Steering Wheels Market Industry Trends and Forecast to 2028
- Market Size
- Market Standards and Changes
- Market Trials in Different Regions
- Market Requirements in Different Regions
- Market Shares in Different Regions
- Recent Developments for Market Competitors
- Recent Market Value for Different regions
- Sales Data for Market Competitors
- Market Key Vendors and Disruptors Study
Key Market Competitors Covered in the Report
- Endor AG
- Logitech
- Thrustmaster
- NUMSKULL
- HORI CO., LTD.
- FlashFire Accessories, INC.
Above are the key players covered in the report, to know about more and exhaustive list of global gaming steering wheels market, contact us https://www.databridgemarketresearch.com/toc/?dbmr=global-gaming-steering-wheels-market
Research Methodology: Global Gaming Steering Wheels Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Primary Respondents
- Demand Side: Managers, Directors, Game Zone Owners, Online Gamers, Racing Professionals, Esports Professionals, and Arcade Gamers
- Supply Side: Service Providers, Gaming Steering Wheels Companies, Marketing Managers, Logistics Managers and C-Level Executives among others
Related Reports
- Global Racing Games Market - Industry Trends and Forecast to 2028
- Global Driving Simulator Market - Industry Trends and Forecast to 2028
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