Global PC Racing Wheel Market Research Report 2023

The global PC Racing Wheel market was valued at US$ million in 2022 and is anticipated to reach US$ million by 2029, witnessing a CAGR of % during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

North American market for PC Racing Wheel is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.

Asia-Pacific market for PC Racing Wheel is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.

The key global manufacturers of PC Racing Wheel include Fanatec, Thrustmaster, Logitech, KETENG, PXD, Microsoft, MOZA and ART COCKPIT, etc. in 2022, the world's top three vendors accounted for approximately % of the revenue.

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The PC racing wheel market refers to the industry involved in the manufacturing, distribution, and sales of racing wheels designed specifically for use with personal computers (PCs). PC racing wheels are input devices used in racing simulation games to provide a more immersive and realistic driving experience.

PC racing wheels typically consist of a steering wheel, pedals (accelerator, brake, and sometimes clutch), and additional features such as gear shifters and force feedback. These wheels are connected to a PC via USB or other compatible interfaces, allowing users to control the virtual vehicle's steering, acceleration, and braking with greater precision and realism compared to traditional keyboard or gamepad controls.

The PC racing wheel market has witnessed growth alongside the popularity of racing simulation games, which have gained a significant following among gaming enthusiasts and motorsport fans. The market caters to a wide range of users, including casual gamers, professional sim racers, and eSports competitors.

The demand for PC racing wheels is driven by factors such as the desire for a more immersive gaming experience, the growing popularity of eSports racing competitions, and the advancements in gaming technology that allow for realistic physics and graphics in racing games. PC racing wheels offer a more intuitive and immersive control mechanism, mimicking the experience of driving a real vehicle and enhancing the overall gameplay experience.

Key features that customers consider when selecting PC racing wheels include wheel diameter, rotation angle, force feedback capabilities, pedal quality and adjustability, button and control layout, compatibility with popular racing games and platforms, and build quality.

Prominent players in the PC racing wheel market include renowned gaming peripheral manufacturers such as Logitech, Thrustmaster, Fanatec, and Hori. These companies offer a range of PC racing wheels with varying features, performance levels, and price points to cater to different user preferences and budgets.

Additionally, the PC racing wheel market also benefits from the modding and customization community, with enthusiasts often modifying or upgrading their wheels with aftermarket accessories and modifications to enhance performance or aesthetics.

Segment by Type
Gear
Belt
Others

Segment by Application
Online
Offline

Consumption by Region
North America (United States, Canada)
Europe (Germany, France, UK, Italy, Russia)
Asia-Pacific (China, Japan, South Korea, Taiwan)
Southeast Asia (India)
Latin America (Mexico, Brazil)

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This release was published on openPR.