Press release
Keycaps Global Market Report 2024 - By Report, Trends, Share, Growth, Forecast To 2033
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.
Market Overview -
Keycaps refer to removable components that cover the keys of a computer keyboard or similar input device, such as a typewriter or a mechanical keyboard. Keycaps serve the dual purpose of identifying the function or character of individual keys while providing protection.
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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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