Gaming Chair Market: Company Strategy, Product Portfolio and Recent Developments For 2018

A Gaming chair is especially designed for video game players. These chairs come with head cushion and lumbar support to provide comfort to the gamer while gaming. A gaming chair is essential for professional and hard core gamers. These chairs come in a variety of sizes, colors, and range. Gaming chairs are important for gamers who spend an average of six hours on gaming every day.

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Numerous factors such as technological advancement, availability of high speed internet connectivity, efficient hardware compatibility, and introduction of new games has led to the growth of online gaming. The growing popularity of PC games is expected to increase the demand for gaming chairs during the forecast period. Increasing popularity of social media and free business models resulting in development of e-games is likely to increase the demand for gaming chairs. The gaming market has progressed from board games to high-end video games resulting in commercialization of games. Increasing popularity of electronic devices are making people get more attracted toward PC and video games as gaming is a premium form of entertainment. Increasing adoption of by teenagers is expected to fuel the demand of gaming chair during the forecast period. Increasing number of game cafes is resulting in growing demand for gaming chairs. The major trend in the gaming chair market is development and manufacturing of ergonomic chairs as the use of conventional gaming chairs can cause pain in back muscles and hands. Ergonomic gaming chairs offer full-size lumbar support which encourages professional gamer to purchase it. This is expected to enhance the demand for gaming chairs during the forecast period. These chairs enable the gamer to improve posture which allows them to play games for a longer period. Increasing trend of using VR with gaming chairs and the popularity of e-sports is expected to offer significant growth opportunities to gaming chair manufacturers.

High cost of these gaming chairs is hampering the growth of the market. Increasing concerns of people regarding health and fitness is encouraging them to move to outdoor games, which is likely to hamper the growth of the gaming chair market during the forecast period.

The gaming chair market is segmented based on product type, application, and geography. In terms of product type, the gaming chair market is segmented into table gaming chair, hybrid gaming chair, and platform gaming chair. Among all, table gaming chair is expected to dominate the market due to increasing demand for high end PCs and increasing trend of e-sports. On the basis of application, the gaming chair market is segmented into internet cafes and residential. Residential sector is expected to have major share in the market due to rising disposable income of people and their desire to have smart gadgets and devices.

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In terms of geography, the gaming chair market is bifurcated into North America, Europe, Asia Pacific, Middle East & Africa, and South America. Asia Pacific is anticipated to dominate the market in terms of growth rate due to increasing popularity of internet games and growing demand for PCs and smart devices such as mobile phones, tablets etc. North America and Europe are projected to lead the gaming chair market due to modern technologies and purchasing power of people.

The major players in the gaming chair market are Ace Casual Furniture, DXRacer, ThunderX3, Vertagear, SecretLab, Playseat, Arozzi etc. The market is highly fragmented due to presence of key players such as Arozzi and Corsair, which is restricting the entry of new players. The major strategy adopted by these players is new product development to remain competitive in the market.

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