Gaming Chair Market Expoler Future Growth With Top Key Players
Posted by Rajkumar on February 20th, 2023
The gaming chair market has experienced significant growth in recent years, driven by the increasing popularity of gaming and esports. Gaming chairs are designed to provide a comfortable and ergonomic seating experience for gamers, with features such as adjustable armrests, lumbar support, and reclining backrests.
The global gaming chair market size was valued at USD 4.7 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 7.2% from 2021 to 2028, according to a report by Grand View Research. North America is the largest market for gaming chairs, followed by Europe and Asia Pacific.
Major players in the gaming chair market include DXRacer, Secretlab, AKRacing, GT Racing, RESPAWN, Cougar, Arozzi, Noblechairs, Vertagear, and AndaSeat. These companies offer a range of gaming chairs in various sizes, styles, and price points to cater to different preferences and budgets.
The COVID-19 pandemic has further boosted the demand for gaming chairs, as more people have been spending time at home and engaging in gaming and other forms of digital entertainment. With the ongoing growth of the gaming industry, the gaming chair market is expected to continue expanding in the coming years.
The global gaming chair market was valued at US$ 1126.36 Mn in 2021 and is forecast to reach a value of US$ 2034 Mn by 2030 at a CAGR of 7.80% between 2022 and 2030.
Growing number of cafes across developing countries is projected to offer significant growth opportunities for the market players over the forecast period. Moreover, advancement in the entertainment sector coupled with the growing number of professional gamers are other major factor fostering market growth.
Currently, major key players are introducing innovative variants with additional accessories such as retractable footrests, speakers, built-in massage units, and red, green, and blue (RGB) lighting systems, in a wide range of colours and designs retractable footrests. This is again expected to provide significant market growth opportunities over the forecast period.
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About the AuthorRajkumar
Joined: February 13th, 2019
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