The global Mechanical Keyboard Market is estimated to be valued at US$ 2113.16 Mn in 2023 and is expected to exhibit a CAGR of 20.2% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
Mechanical keyboards use mechanical switches instead of membrane sheets or scissor switches found in most wireless or notebook keyboards. Mechanical switches offer better feel and responsiveness over other switch types. They are more durable and require less force to actuate a keypress. Mechanical keys have a satisfying tactile click that enhances typing experience for gamers and professionals.
Market key trends:
One of the key trends driving the growth of the mechanical keyboard market is the rising popularity of gamer-centric switches. Gaming mechanical keyboards are designed for high performance and offer faster response times compared to regular keyboards. They come equipped with RGB backlighting, customizable key mapping, and keys rated for 50-100 million presses. Popular gamer-centric switches include Cherry MX Red, Cherry MX speed silver and Kailh Speed switches. These low-profile and light-touch switches help gamers react quickly without bottoming out the keys. The growing E-sports industry and popularity of multiplayer online games have boosted demand for such feature-rich mechanical gaming keyboards.
Segment Analysis
The mechanical keyboard market is segmented into mechanical switches and distribution channel. Within mechanical switches, the cherry mx switch segment accounts for the largest share as it provides tactile and audible feedback upon pressing a key which enhances overall typing experience. Comparatively, cherry mx switches are more durable than other membrane-based or scissor switch keyboards and they have gained widespread acceptance among regular users as well as gaming enthusiasts.
Key Takeaways
The Global Mechanical Keyboard Market Size is expected to witness high growth, exhibiting a CAGR of 20.2% over the forecast period, due to increasing consumer preference for programmable and customizable keyboards.
The Asia Pacific region dominates the mechanical keyboard market and is expected to grow at the highest CAGR during the forecast period. This can be attributed to the increasing number of PC and laptop gamers as well as proliferating e-sports culture in countries like China, South Korea and India.
Key players operating in the mechanical keyboard market are Huizhou Greetech Electronics Co. Ltd., Kaihua Electronics Co., Ltd. Trantek Electronics Co., Ltd. €“ TTC, OMRON Corporation, Corsair, Razer Inc., Rapoo Corporation, Lenovo, Dell HP Development Company, A4TECH, and SteelSeries. Among these, Razer Inc., Corsair, and Logitech dominate the global market with their wide range of RGB backlit mechanical keyboards catering to both professional as well as gaming communities.
For More Insights, Read: https://www.newsstatix.com/mechanical-keyboard-market-size-share-and-growth-forecast-2023-2030/
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