Press release
Mechanical Keyboard Market , Statistics, Industry Growth and Demand Analysis Research Report by 2028
The global mechanical keyboard market size reached USD 1.04 Billion in 2020 and is expected to register a CAGR of 11.3% during the forecast period. Increasing gaming industry worldwide is expected to drive revenue growth of market over the forecast period. People are staying at home due to countrywide lockdown, and are preferring gaming platforms to spend free time. In terms of internet traffic, such platforms are generating millions of new users. Cloud gaming has become a reality because of recent developments in advanced cloud technology. In cloud gaming, all computational activity, such as game scene rendering, game logic processing, video encoding, and video streaming, is done by server, which stores all of the games, which is rising demand for games and gaming advanced keyboard required for better gaming experience, which is expected to boost market growth.According to Emergen Research, the global mechanical keyboard market size was USD 1.04 billion in 2020 and is expected to reach USD 2.44 billion in 2028 and register a revenue CAGR of 11.3% during the forecast period, 2021-2028.
mechanical keyboard market Report published by Emergen Research has been formulated by analysis of key business details and extensive geographical spread of the industry. The study offers comprehensive coverage of the qualitative and quantitative analysis of the along with crucial statistical data mechanical keyboard market The research study provides historical data from 2017 to 2019 and offers accurate forecast estimation until 2028. The report also profiles established and emerging players of the market, covering the business overview, product portfolio, strategic alliances, and business expansion strategies
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Market Dynamics:
Major factors providing impetus to the global mechanical keyboard market revenue growth are increasing personal and professional applications of mechanical keyboards, technological advancements in mechanical keyboards, and increasing demand for mechanical keyboards due to several advantages over traditional membrane keyboards, such as accurate typing, extended key life, improved typing experience, easy replacement repair of switches, cost-effectiveness, and enhanced functionality.
Mechanical keyboards are computer keyboards with switches under every single key, unlike the rubber membranes used in traditional keyboards. The physical switches in these keyboards give the user a 'mushy' feel and each keypress is clearly felt. Mechanical keyboards are ideal for fast and accurate typing, and their growing popularity among touch typists, gamers, programmers, and others is a major factor contributing to revenue growth of this market. Growing demand for wireless mechanical keyboards, rise of the gaming industry, increasing demand among professional gamers, and growing use of e-learning institutes are some other important factors driving the global mechanical keyboard market revenue growth.
COVID-19 Impact Analysis:
Social distancing and restrictions severely disrupted businesses and operations
Lockdowns caused disruptions in transportation and logistics
Impacted manufacturing activities and mining operations globally
Took a toll on economy of various countries
Caused sudden and drastic downturn in economic activity
Disrupted agriculture, fisheries, dairy, and other sectors
Caused loss of employment and financial crisis
Supply impacts were further compounded owing to reduced disposable income
Emergence of variants continue to cause concerns and impact normal routines
Linear Switches Segment to Account for Fastest Revenue CAGR:
The linear switches segment dominated other segments in terms of revenue share in the global market in 2020. Significantly growing demand for mechanical keyboards with linear switches among professional gamers is a key factor expected to contribute to revenue growth of this segment. Linear switches provide faster and more precise key control in gaming and produce smooth and constant actuation.
North America Accounted for Largest Revenue Share in 2020:
Among regional markets, the North America mechanical keyboard market accounted for the largest revenue share in the global market in 2020. Growing demand for mechanical keyboards due to many advantages such as accurate typing, improved typing experience, and extended key life, rising popularity of these keyboards among gamers, programmers, and touch typists, increasing demand for wireless mechanical keyboards, thriving gaming industry in the region, and increasing number of professional gamers are major factors driving the North America market revenue growth.
Major Companies in the Global Mechanical Keyboard Market Include:
Lenovo
Dell
HP
A4TECH
SteelSeries
Logitech international
Corsair Components Inc.
Rapoo Corporation
Steel Series ApS.
Razer Inc.
Roccat Studios Inc.
OMRON Corporation
Rantek Electronics Co. Ltd.
Das Keyboard
ZF Friedrichshafen AG
Huizhou Greetech Electronics Co. Ltd.
Kaihua Electronics Co., Ltd.
Based on regional analysis, the market is segmented into the following regions: North America, Latin America, Europe, Asia Pacific, and Middle East Africa. The market is expected to be dominated by North American nations closely followed by European countries. Asia Pacific is expected to show significant growth owing to recent advancements and rising investments in the RD sector.
For the purpose of this report, Emergen Research has segmented the global mechanical keyboard market based on product type, technology, application, end-use, and region:
Product Type Outlook (Revenue, USD Billion; 2018-2028)
Clicky Switches
Linear Switches
Non-clicky /Tactile Switches
Technology Outlook (Revenue, USD Billion; 2018-2028)
Wireless
Wired
Application Outlook (Revenue, USD Billion; 2018-2028)
Typing
Gaming
Others
End-use Outlook (Revenue, USD Billion; 2018-2028)
Household PCs
Professional Gaming
E-learning Institutes
Internet Cafes
Others
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Radical Highlights of the mechanical keyboard market Report:
Comprehensive overview of mechanical keyboard market along with analysis of the changing dynamics of the market
Growth Assessment of various market segments throughout the forecast period
regional and global analysis of the market players, including their market share and global position
Growth strategies adopted by key market players to combat the impact of the COVID-19 pandemic on the market
Impact of the technological developments and RD advancements cool roof coating market information about profit-making strategies and developmental strategies of major companies and manufacturers
Insightful information for the new entrants willing to enter the market
Details and insights about business expansion strategies, product launches, and other collaborations
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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research
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