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Keycaps Market Outlook 2024: Exclusive Report By The Business Research Company | Logitech S.A , Etsy Inc., Razer Inc., Corsair Gaming Inc., WASD Keyboards, Cherry Corporation, SteelSeries ApS
Keycaps Market Characteristics
The Business Research Company offers in-depth market insights through Keycaps Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The keycaps market size has grown strongly in recent years. It will grow from $7.86 billion in 2023 to $8.36 billion in 2024 at a compound annual growth rate (CAGR) of 6.3%. The growth in the historic period can be attributed to mechanical keyboard adoption, customization trends, gaming industry growth, rise in diy keyboard building, increased attention to typing comfort, .
The keycaps market size is expected to see strong growth in the next few years. It will grow to $10.2 billion in 2028 at a compound annual growth rate (CAGR) of 5.1%. The growth in the forecast period can be attributed to continued mechanical keyboard popularity, rise in remote work culture, growing niche markets, environmental sustainability, global supply chain resilience. Major trends in the forecast period include increased collaboration and licensing, rapid technological advancements, material innovation, extended compatibility and layout options, customization and personalization.
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Market Segmentation:
The main types of keycaps are mahogany, resin, metal and others. Mahogany refers to a type of hardwood that comes from several species of tropical trees in the genus swietenia and other related genera. The various cover type involved are abs material, pom material and pbt material which consists of applications such as individuals and families use and enterprise use.
Major Driver - Surging Gamer Demand Propels Growth In The Keycaps Market
The growing number of gamers is expected to propel the growth of the keycaps market going forward. Gamers refer to individuals who actively engage in playing video games as a form of entertainment, leisure, or competition. Keycaps are primarily used in gaming to provide easy and comfortable movement for gamers while operating the keyboard to avoid the high lifting of fingers to press keys. For instance, in July 2022, according to the World Economic Forum, the PC gaming industry generated approximately $35.2 billion in revenue, showing an increase from the $33.7 billion earned in 2021. Therefore, the growing number of gamers is driving the growth of the keycaps market going forward.
Competitive Landscape:
Major companies operating in the keycaps market report are Logitech S.A , Etsy Inc., Razer Inc., Corsair Gaming Inc., WASD Keyboards, Cherry Corporation, SteelSeries ApS, Hammer Corp , Georg Mahr Konstruktion, Filco Keycaps, HyperX, Unicomp Inc., A4Tech Co. Ltd., Keychron, Shenzhen Hexianguanli Technology Co. Ltd., Max Keyboard Inc., Shenzhen Mistel Electronic Co. Ltd., Shenzhen KBDfans Technology Co. Ltd., DuckyChannel International Co. Ltd., Signature Plastics LLC, JTK Group, Infinikey, NovelKeys LLC, Signature Plastics LLC, Tai-Hao Keycap Enterprise Co. Ltd., Happy Balls Keycaps, RWH PTY LTD
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Top Trend - Major Companies Drive Profitability With Innovative Products Like Hyperx Liquid Blue Limited Edition Keycap In The Keycap Market
Major companies operating in the keycap market are focusing on product development and innovation, such as blue limited edition keycap, to increase their profitability in the market. The blue limited edition keycap is integrated with the next-generation color 3D printing technology that enhances keycap customization. For instance, in July 2023, HyperX, a US-based manufacturer of gaming products, launched the HyperX liquid blue limited edition keycap. The latest liquid-blue limited edition keycap modifies the look of keyboards by adding an extra element of personalization. These innovative keycaps help to enhance gaming setups and desk setups by adding color printing skills to gaming. Keycap number four in HyperX's HX3D 3D printed lineup, it was released as a limited edition item for 48 hours.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Keycaps Market Characteristics
3. Keycaps Market Trends And Strategies
4. Keycaps Market - Macro Economic Scenario
5. Keycaps Market Size And Growth
…..
27. Keycaps Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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