Mechanical Keyboard Market 2020 Global Key Players Analysis: Rapoo Corporation, Lenovo, Logitech, SteelSeries, Corsair, Razer, ROCCAT GmBH, A4TECH

Market Research Future published a research report on “Mechanical Keyboard Market Research Report – Forecast to 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.

Market Scenario

The global mechanical keyboard market is expected to exhibit a strong 12.1% CAGR over the forecast period from 2017 to 2023, according to the latest research report from Market Research Future (MRFR). The global mechanical keyboard market was valued at USD 705.4 million in 2017 and is expected to rise to a valuation of USD 1.3 billion by 2023, according to the MRFR report. The report presents a comprehensive evaluation of the global mechanical keyboard market, including a detailed look at the major drivers and restraints affecting the global mechanical keyboard market and a detailed look at the historical and present growth trajectory of the market. The competitive landscape of the global mechanical keyboard market is also profiled in detail in the report. The major players in the global mechanical keyboard market are profiled in the report. The impact of the COVID-19 pandemic on the global mechanical keyboard market is also assessed in the report.

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Mechanical keyboards are a legacy equipment used in computers to enter textual input. Mechanical keyboards have been a part of the computing sector for a long time and have attained an iconic status in the field. Mechanical keyboards are fairly immune from being replaced by digital keyboards, as only highly affluent clients can afford digital keyboard systems and the vast majority of keyboard users utilize mechanical keyboards. This has led to a widespread adoption of mechanical keyboards all over the world. The growing adoption of computing equipment in developing countries is likely to be a major driver for the global mechanical keyboard market over the forecast period. While households in developed countries often have a computer, many households in developing countries don’t have computers, as computers are seen as a luxury that is not attainable financially. Many consumers in developing countries are purchasing their first computers in the 21st century, leading to a growing demand for mechanical keyboards in recent years. The growing use of personal computers in developing countries is likely to remain a major driver for the global Mechanical Keyboard Market over the forecast period.

The growing demand for mechanical keyboards from gaming enthusiasts is also likely to remain a major driver for the global mechanical keyboard market over the forecast period. Gaming has become a major part of the media and entertainment industry in recent years, with many hardware manufacturers developing special gaming-oriented versions of mice and keyboards that allow gaming enthusiasts to play their favorite games with the most comfortable ergonomics. This is likely to remain a major driver for the global mechanical keyboard market over the forecast period.

Key Players

Some of the key players of Mechanical Keyboard Market include Logitech (Switzerland), Corsair Components (U.S.), Razer Inc. (U.S.), SteelSeries (Denmark), Roccat Studios (Germany), A4Tech Co. Ltd. (Taiwan), OMRON Corporation(Japan), Rapoo Corporation (China), ZF Friedrichshafen AG (Germany), Kaihua Electronics Co. Ltd (China) and Huizhou Greetech Electronics Co. Ltd (China).

Segmentation

The global mechanical keyboard market is segmented on the basis of product type, technology, application, and region.

• By Product Type, the global mechanical keyboard market is segmented into tactile switches, clicky switches, and linear switches. The tactile switches segment held the largest share in the global mechanical keyboard market in 2017 and is likely to exhibit the highest growth rate over the forecast period till 2023. Tactile switches offer an accurate tactile response to the users, making them the preferred option for a majority of keyboard users.
• By Technology, the global mechanical keyboard market is segmented into wired and wireless. The wired mechanical keyboard segment accounts for the highest share in the global mechanical keyboard market and is expected to exhibit the highest growth rate over the forecast period. Gaming enthusiasts, a major consumer demographic for the mechanical keyboard market, often prefer wired keyboards, as this way they can eliminate the risk of the battery running out during a gaming session.
• By Application, the global mechanical keyboard market is segmented into professional gamers, commercial, and residential.

Regional Analysis

Geographically, the mechanical keyboard market is segmented into four different regions namely North America, Asia Pacific, Europe, and The Rest of World.

North America is presumed to have significant growth in the Mechanical Keyboard market. The United States and Canada are leading countries in the region. The market growth is due to surging demand for mechanical keyboards for gaming purposes. Asia Pacific is also anticipated to be the fastest growing region in the mechanical keyboard market over the forecast period. South Korea, India, Japan, and China are the leading countries in the mechanical keyboard market. This growth pattern is attributed to the presence of a large number of semiconductor vendors which eventually decreases the costs of components needed to manufacture mechanical keyboards.

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Target audience

• Raw material suppliers
• Electronic design automation (EDA) & design tool vendors
• Fabrication, wafer, & foundry process equipment vendors
• Various Mechanical Keyboard manufacturing companies
• Research and development organizations
• Technology providers and investors
• Associations working on Mechanical Keyboard

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