The market for Mechanical Keyboard Market growing with the expansion of this Industry Sector Worldwide. Market Research Report Search Engine (MRRSE) has added a new report titled “Mechanical Keyboard Market: Global Industry Analysis and Opportunity Assessment 2016 – 2026”which offer details about the current trends as well as scope for the near future. This research study also covers information about the production and market share based on different active regions. Furthermore, an anticipated growth at a double-digit CAGR for the concerned Mechanical Keyboard Market is highlighted in the report which indicates a prosperous future.
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In terms of value, the global mechanical keyboard market is anticipated to expand at a CAGR of 17.9% during the forecast period, and is expected to account for US$ 1,231.6 Mn by 2020 end. Among all product segments in the global keyboard market, mechanical keyboards is projected to register significantly high revenue growth as compared to other types of keyboards over the forecast period (2016–2020). Growth of this segment is attributed to rising demand for mechanical keyboards in the global gaming sector. In terms of volume in 2015, the gaming sector accounted for over 50% of globally consumed mechanical keyboards.
North America Largest Market for Mechanical Keyboards
The market in North America accounted for 40% revenue share of the global mechanical keyboard market in 2015. Revenue contribution of the segment to the North America mechanical keyboard market is expected to increase at a CAGR of 19% from 2016 to 2020. Market share of the gaming segment in Europe is expected to increase from 67.1% in 2015 to 70.4% in 2020, owing to manufacturers in countries in the region adopting and offering new and advanced technologies in their products. In terms of value, the gaming segment in APAC region accounted for 36.3% share in 2015. Demand for mechanical keyboards is increasing primarily due to various additional components that enable high degree of responsiveness, tactility and enhanced gaming experience.
Mechanical Keyboards Market: Key Trends
Mechanical keyboards are comparatively costlier than membrane keyboards. Development and launch of new and innovative PC games in the global market is expected to further drive demand for mechanical keyboards. In addition, factors such increasing demand for additional features, enhanced technology offering better user experience and increased durability are expected to drive market growth.
The market in the U.S. accounted for majority revenue share at approximately 90% in the global market in 2015. Global consumption of mechanical keyboards stood at 4,492 thousand units in 2015. Global mechanical keyboard consumption is expected to increase at a CAGR of 16.9% over 2016–2020.In terms of application, the gaming segment in the global mechanical keyboard is estimated to be valued at US$ 321.5 Mn in 2016, and projected to witness two-fold growth to reach US$ 656 Mn by 2020.
Key Segments Covered
- By Application
- Office & Industrial
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On the basis of application, the global mechanical keyboard market has been segmented into gaming and office & industrial. In terms of revenue, gaming segment is expected to dominate the global mechanical keyboard market during the forecast period. A detailed analysis has been provided for each segment in terms of market size analysis for mechanical keyboards across the globe.
In addition, it is imperative to note that in an ever-fluctuating global economy, we not only conduct forecasts in terms of CAGR, but also analyse on the basis of key parameters such as Year-on-Year (Y-o-Y) growth to understand the predictability of the market and identify the right opportunities.
Another key feature of this report is the analysis of all key segments in terms of absolute dollar. This is usually overlooked, while forecasting the market. However, absolute dollar opportunity is critical in assessing the level of opportunity that a provider can look to achieve, as well as to identify potential resources from a sales and delivery perspective in the global mechanical keyboard market.
Key Regions/Countries Covered
- North America
- Asia Pacific and China (APAC)
- Australia and New Zealand
- Rest of APAC
- Rest of the World
- Latin America
- Middle East and Africa (MEA)
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