Global Gaming Chair Market 2017-2021
About Gaming Chair
Gaming chairs come with lumbar support and a head cushion to provide gamers comfort while gaming. The comfort offered by gaming chairs elevates the gaming experience for players. Gaming chairs are a necessity for professional and hardcore gamers. The gaming market has progressed from board games to high-end video games. It has led to the development and commercialization of gaming and the increased popularity of electronic devices, such as PCs and gaming-specific consoles. Consumers are looking for interactive entertainment options. Gaming is one of the premium forms of entertainment. Games have various genres across a wide variety of platforms. With the increase in popularity of e-sports in the gaming market and rise in the number of gamers aspiring to be professional gamers, gaming chairs are becoming more of a need than a luxury. Gamers are investing heavily in gaming peripherals, such as mouses, keyboards, and headphones. Investing in a gaming chair is considered a more expensive proposition. Consumers should invest in gaming chairs depending on the amount of time they spend on gaming. A gaming chair is a requirement for a gamer that spends more than six hours a day gaming.
Technavio’s analysts forecast the global gaming chair market to grow at a CAGR of 6.58% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global gaming chair market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of gaming chairs. It also presents the vendor landscape of the top four vendors in the market and lists the other prominent vendors.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Gaming Chair Market 2017-2021
Technavio recognizes the following companies as the key players in the global gaming chair market: Arozzi, DXRacer, ThunderX3, and Vertagear.
Other Prominent Vendors in the market are: Ace Bayou, Corsair, N.Seat, Playseat, Repose, Subsonic, SecretLab, and StemPilot.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Introduction of VR and motion gaming. The introduction of virtual reality (VR) and motion gaming is likely to revolutionize the global gaming industry during the forecast period. High-end technological advances have changed the 2D gaming environment to a more comprehensive and immersive gaming environment, allowing users to explore the virtual world. Interactive gaming is gaining prominence in the global gaming industry. It is expected to positively influence the gaming chair market. Head-mounted displays, tracking devices, motion controllers, and gaming gloves are some of the products that are used to provide a VR experience. With rapid advances in technology, these products are expected to be integrated with gaming chairs to provide gamers with an immersive, comfortable, and exciting gaming experience.”
According to the report, one of the major drivers for this market is Increase in demand for sophisticated gaming techniques. With the increase in sophisticated and complex games, gaming techniques have evolved to a considerable extent as of 2017. The level of sophistication varies based on the target audience, which is highly diverse. There are several reasons for consumers to engage in gaming. While some consumers consider gaming as a source of entertainment, many consider it as an escape from reality. Some individuals play games to relieve stress. The sophistication in gaming varies with changing consumer interests. The demand for more sophisticated games such as interactive games, especially in the adult gaming segment, has been increasing significantly and is likely to continue to grow during the forecast period.
Further, the report states that one of the major factors hindering the growth of this market is High prices and maintenance costs. The high price of gaming chairs may not be a problem for enthusiasts. However, it may pose a challenge for a large number of average gamers that do not prefer buying gaming chairs because they are expensive. Gaming chairs are prone to damage, and their maintenance can be a tedious job for users. The majority of the gaming chairs available in the market come with built-in radio receivers, headphones, or subwoofers. Many gaming chairs, especially racing gaming chairs, are further equipped with components such as pedals and control buttons. The continuous use of these chairs leads to wear and tear of these components. This increases the maintenance cost of these chairs.
Arozzi, DXRacer, ThunderX3, Vertagear, Ace Bayou, Corsair, N.Seat, Playseat, Repose, Subsonic, SecretLab, and StemPilot.
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