U.S. Racing Chair Market, By Application (Household, Commercial), Distribution Channel (Online, Offline) Industry Trends and Forecast to 2029.
Market Analysis and Insights: U.S. Racing Chair Market
The U.S. racing chair market is expected to grow in the forecast period of 2022 to 2029. Data Bridge Market Research analyses that the market is growing with a CAGR of 6.4% in the forecast period of 2022 to 2029 and is expected to reach USD 77,737.99 thousand by 2029.
A racing chair is commonly designed in racer-style gaming, with a tall winged back, bucket seat, and raised seat edges. Gamers often usually find lumbar and head support cushions included, with armrests that can be adjusted in at least three directions. Racing chairs are specially designed to provide comfort to the gamers and support their sitting position in long hours of racing. The racing chairs are quite identical to the executive or office chairs with adjustable backrests and armrests.
The chair's angle is also adjustable and can be tilted up to 90 degrees in the case of some chairs. Some racing chairs also include built-in electronic equipment such as speakers, vibration, RGB lighting, and others. The integration of electronic equipment helps the player increase its efficiency of playing games by providing the racing gears well within reach.
Some racing chairs do not have any wheelbase or base at such; the chair is directly kept on the floor and provides high comfort. However, these chairs do not provide an armrest, making it highly difficult for gamers. The chairs use cold foam for comfort and leather covering for the elite look and high durability. Companies are also providing them with a steel structure for high strength, and they are focusing on ergonomics for providing better comfort to the players.
However, the high price of these racing gaming chairs may hamper the growth of the market. Moreover, increasing issues of people regarding fitness and health are encouraging them to move to outdoor games, which may restrain the growth of the U.S. racing chair market.
This racing chair market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographical expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
U.S. Racing Chair Market Scope and Market Size
The U.S. racing chair market is segmented into two notable segments based on application and distribution channel.
- Based on application, the U.S. racing chair market is segmented into household and commercial. In 2022, the commercial segment is expected to dominate the overall market with the largest market share as most of the chairs commercial used with emerging trends of online PC gaming.
- Based on distribution channel, the U.S. racing chair market is segmented into offline and online. In 2022, the online segment is expected to dominate the overall market with the largest market share as most online distribution companies offer their bestselling chairs in a low price range.
Rising Gaming Centers Provide Better Gaming and Entertainment Experience
Racing chair market also provides you with detailed market analysis for every country growth in installed base of different kind of products, impact of technology using life line curves and changes regulatory scenarios and their impact on the racing chair market. The data is available for the historic year 2020.
Competitive Landscape and Racing Chair Market Share Analysis
Racing chair market competitive landscape provides details by a competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, clinical trials pipelines, brand analysis, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to racing chair market.
Some of the major players operating in the U.S. racing chair market are Playseat, Next Level Racing, OpenWheeler, CXC SIMULATIONS, vevor, VOLAIR SIM, Trak Racer, RACETECH MANUFACTURING LIMITED, GTR Simulator, GT OMEGA, OMP Racing, Sim Seats, and SPARCO, among others. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
For instance,
- In June 2021, Trak Racer announced the partnership with Simucube from Granite Devices to launch a direct drive force feedback controller. This partnership has helped the company to deliver the best quality gaming experience without breaking the bank and diversify the product portfolio
- In March 2021, CXC SIMULATIONS featured at Henry Ford Museum, showcasing its advanced racing simulators for home and personal use, and was selected for the Driven to Win exhibit. This has helped the company to showcase its products easily to customers and can attract new customers without traditional advertisements and marketing strategies
Partnership, joint ventures and other strategies enhances the company market share with increased coverage and presence. It also benefits the organisation to improve their offering for racing chair market through an expanded product range.
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