North America Gaming Steering Wheels Market – Industry Trends and Forecast to 2030

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North America Gaming Steering Wheels Market Analysis and Size

The North America gaming steering wheels market is segmented on the basis of weight, clutch pedal and distribution channel. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

Data Bridge Market Research analyses that the North America gaming steering wheels market which was USD 427.29 million in 2022, would rocket up to USD 745.06 million by 2030, and is expected to undergo a CAGR of 8.4% during the forecast period. This indicates the market value. “With Clutch Pedal” dominates the type segment of the North America Gaming Steering Wheels market due to The inclusion of a clutch pedal in a gaming steering wheel, providing a more immersive and realistic driving experience. Gamers who enjoy racing or simulation games may prefer this segment as it allows them to replicate the feeling of operating a real vehicle with a manual transmission. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

North America Gaming Steering Wheels Market Scope and Segmentation

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Market Definition

The North America gaming steering wheel market refers to the industry that encompasses the manufacturing, distribution, and sale of gaming peripherals specifically designed for simulating steering wheel controls in video games. Gaming steering wheels are input devices that allow gamers to have a more immersive and realistic driving experience by providing physical steering control, force feedback, and additional features such as pedals, buttons, and gear shifters. The market includes various types of gaming steering wheels, ranging from entry-level models to high-end, professional-grade options, catering to the diverse needs and preferences of gamers in the North American region.

North America Gaming Steering Wheels Market Dynamics

Drivers

• Growing eSports and Competitive Gaming

The rise of eSports and competitive gaming in North America has led to a higher demand for professional-grade gaming peripherals, including steering wheels. Competitive gamers and eSports enthusiasts often prefer gaming steering wheels to gain a competitive edge and improve their performance in racing and driving game titles.

• Increasing Consumer Disposable Income

The growth of disposable income among consumers in North America allows for greater spending on gaming accessories. Gaming steering wheels are considered a premium peripheral, and as the purchasing power of gamers increases, the demand for high-quality and feature-rich gaming steering wheels is expected to rise.

• Cross-Platform Compatibility

Gaming steering wheels that offer compatibility with multiple platforms, including PC, Xbox, PlayStation, and Nintendo, appeal to a wider consumer base. With gamers using different gaming systems, the ability to use a single steering wheel across various platforms is a significant driver for market growth.

Opportunities

• Increasing Popularity of Racing and Simulation Games

The growing popularity of racing and simulation games among gamers in North America provides a significant opportunity for the gaming steering wheel market. As more gamers seek an immersive and realistic driving experience, the demand for high-quality steering wheels is expected to rise.

Restraints

• High Costs of Gaming Steering Wheels

Gaming steering wheels, particularly high-end models with advanced features, can be relatively expensive. The high cost of gaming steering wheels can limit their accessibility to a broader consumer base, especially budget-conscious gamers who may opt for more affordable alternatives or stick to traditional gaming controllers.

Challenges

• Competition from Alternative Gaming Controllers

The gaming steering wheel market faces competition from alternative gaming controllers, such as gamepads, joysticks, and motion-based controllers. These alternative input devices offer different gaming experiences and may attract gamers who prefer diverse gaming genres beyond racing and simulation games.

This North America gaming steering wheels market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the variable frequency drive market contact Data Bridge Market Research for an Analyst Brief, our team will help you make an informed market decision to achieve market growth.

Recent Developments

• In August 2021, Thrustmaster, a leading player in the steering wheel peripheral market, is gearing up to regain its competitive edge with the launch of new devices. These upcoming releases include a Racing Pedals Set for PC, PlayStation, and Xbox, a Hybrid Drive Wheel bundle for PC, PS4, PS5, and Xbox, and a Direct Drive Racing Wheel Base for PC. Thrustmaster aims to cater to a wide range of gamers and enhance their racing simulation experiences with these new offerings.
• In November 2020, Logitech introduced the G923, which is an upgraded version of the popular G920 steering wheel featuring leather upholstery and polished metal pedals. The standout feature is the Trueforce force feedback system, delivering realistic responses through sound and vibration. Equipped with gear levers and a speed limit indicator, the G923 aims to enhance immersion, while its progressive brake pedals further contribute to a lifelike driving experience. Logitech's latest offering caters to gamers seeking heightened realism and performance in their racing simulations.

North America Gaming Steering Wheels Market Scope

The North America gaming steering wheels market is segmented on the basis of weight, clutch pedal, and distribution channel. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Weight

• 2.1-4.0 kg
• 4.1-6.0 kg
• 6.1-8.0 kg
• 0-2.0 kg
• More Than 8.0 Kg

Clutch Pedal

• With Clutch Pedal
• Without Clutch Pedal

Distribution Channel

• Online
• Offline

North America Gaming Steering Wheels Market Country Analysis/Insights

The North America gaming steering wheels market is analyzed, and market size insights and trends are provided by country, weight, clutch pedal, and distribution channel, as referenced above.

The countries covered in the North America Gaming Steering Wheels market report are U.S., Canada and Mexico.

The U.S. is expected to dominate the North America gaming steering wheels market because the United States has a robust gaming industry with a large base of avid gamers. The country is home to numerous gaming enthusiasts who actively participate in a wide range of gaming genres, including racing and simulation games that often require gaming steering wheels. Canada is the fastest growing country in the North America gaming steering wheels market due to Canada has a growing population of gaming enthusiasts who are actively engaged in various gaming platforms. The rising popularity of gaming in the country creates a conducive environment for the growth of the gaming steering wheel market.

The country section of the report also provides individual market-impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points like downstream and upstream value chain analysis, technical trends, and Porter’s five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of North America brands and the challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and North America Gaming Steering Wheels Market Share Analysis

The North America gaming steering wheels market competitive landscape provides details of competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, North America presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points provided are only related to the companies' focus related to the North America gaming steering wheels market.

Some of the major players operating in the North America gaming steering wheels market are:

• Logitech (Switzerland)
• Thrustmaster (France)
• Fanatec (Germany)
• Hori (Japan)
• Mad Catz (United States)
• SteelSeries (Denmark)
• Guillemot Corporation (France)
• Razer (United States)
• PDP Gaming (United States)
• Nacon (France)
• Subsonic (France)
• Gioteck (United Kingdom)
• HORI USA (United States)
• Speedlink (Germany)
• CronusMax (United States)

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