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Global Gaming Steering Wheels Market Size, Share Analysis, Trends, Scope And Growth
Gaming Steering Wheels Market
As per the report, the gaming steering wheel market size has grown strongly in recent years. It will grow from $20.57 billion in 2023 to $22.28 billion in 2024 at a compound annual growth rate (CAGR) of 8.3%. The gaming steering wheel market size is expected to see strong growth in the next few years. It will grow to $30.86 billion in 2028 at a compound annual growth rate (CAGR) of 8.5%.
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What Is Driving The Growth Of The Global Gaming Steering Wheels Market?
Rising E-Sport Competitions Driving Gaming Steering Wheel Market Growth
A growing number of e-sport competitions is expected to propel the growth of the gaming steering wheel market going forward. E-sport competitions refer to organized, multiplayer video game contests, often held in front of live audiences and streamed online, where professional players or teams compete for prizes and recognition. The growth in e-sports is attributed to popularity, availability of high-speed internet, cultural acceptance, and social media engagement. Esports competitions utilize game steering wheels to provide an immersive, authentic representation of driving skills. E-sport competitions attract sponsorships from hardware manufacturers, who promote their products to a dedicated audience of gamers and enthusiasts
What Is The Key Trend In The Global Gaming Steering Wheels Market?
Innovation In Professional-Grade Racing Setups Enhances Realism And Immersion In Sim Racing Experiences
Major companies operating in the gaming steering wheel market are focused on developing advanced professional-grade racing setups to deliver the most realistic and immersive racing experience possible. A professional-grade racing setup is a high-end, realistic simulation system that closely mimics the experience of real-world racing, allowing drivers to prepare for races and analyze data to enhance their skills.
How Is The Global Gaming Steering Wheels Market Segmented?
The gaming steering wheels market covered in this report is segmented -
1) By Type: Gear-Driven Wheel, Belt-Driven Wheel, Direct Drive Wheel, Hybrid Wheel
2) By Clutch Pedal: With Clutch Pedal, Without Clutch Pedal
3) By Weight: 0-2.0 kilogram (kg), 2.1- 4.0 kilogram (kg), 4.1- 6.0 kilogram (kg), 6.1-8.0 kilogram (kg), More Than 8.0 kilogram (kg)
4) By Distribution Channel: Online, Offline
5) By Application: Personal Computer (PC), PlayStation 3 (PS3), PlayStation 4 (PS4), XBOX
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How Is The Competitive Landscape Of The Global Gaming Steering Wheels Market?
Major companies operating in the gaming steering wheels market are Logitech, Turtle Beach, Mad Catz, Thrustmaster , Endor AG , Asetek Inc., VENOM UK LTD, GTR Simulator, Ascher Racing, NiTHO, SimXperience, Cube Controls S.R.L., SimCraft, Turn Racing, VELOCE LTD., Precision Sim Engineering Ltd., Grid Engineering, Simagic , mozaracing.com , JCL Simulator
Contents Of The Global Gaming Steering Wheels Market
1. Executive Summary
2. Gaming Steering Wheels Market Report Structure
3. Gaming Steering Wheels Market Trends And Strategies
4. Gaming Steering Wheels Market - Macro Economic Scenario
5. Gaming Steering Wheels Market Size And Growth
…..
27. Gaming Steering Wheels Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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