FMCG

Request for TOC Request for Sample
BUY NOW

Global Racing Chairs Market Size, Share, and Trends Analysis Report – Industry Overview and Forecast to 2031

FMCG | Upcoming Report | Sep 2024 | Global | 350 Pages | No of Tables: 220 | No of Figures: 60

Report Description

Global Racing Chairs Market Segmentation, By Electronics Attachment (Without Electronics Attachment and With Electronics Attachment), Wheel Type (With Wheel and Without Wheel), Material (Polyurethane Leather, Polyvinyl Chloride Leather, and Others), Weight (Less than 60 Lbs, 60 to 70 Lbs, and More than 70 Lbs), Price (Mid-Range (151-300 USD), High Range (Above 301 USD), and Low Range (Below 150 USD)), End User (Residential and Commercial) – Industry Trends and Forecast to 2031.


Racing Chairs Market Analysis

The racing chairs market is experiencing significant growth driven by advancements in ergonomic design and technology. The latest method in racing chairs involves incorporating adaptive lumbar support and advanced reclining mechanisms. These innovations enhance user comfort during extended gaming or driving sessions, addressing issues such as back pain and posture. The integration of high-density foam and breathable fabrics further boosts ergonomics, while customizable features such as adjustable armrests and seat height cater to individual preferences.

Technology advancements include the integration of smart features such as built-in speakers, vibration motors, and even heating functions. These enhancements offer a more immersive experience by synchronizing with gaming consoles or PCs. The rise of esports and virtual racing is also fueling market expansion, as enthusiasts seek professional-grade equipment to enhance their performance and enjoyment.

Growth in the racing chairs market is robust, driven by increasing demand from gamers and racing simulation enthusiasts. The market is projected to expand significantly, with a rising trend towards high-end, customizable chairs offering both comfort and technological sophistication.

Racing Chairs Market Size

The global racing chairs market size was valued at USD 1.80 billion in 2023 and is projected to reach USD 3.01 billion by 2031, with a CAGR of 6.6% during the forecast period of 2024 to 2031. 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, pricing analysis, brand share analysis, consumer survey, demography analysis, supply chain analysis, value chain analysis, raw material/consumables overview, vendor selection criteria, PESTLE Analysis, Porter Analysis, and regulatory framework.

Racing Chairs Market Trends

“Growing Demand for Ergonomic Design”

The racing chairs market is experiencing significant growth due to the increasing demand for ergonomic design. Consumers, particularly gamers and office workers, are seeking chairs that offer better support and comfort during extended periods of sitting. For instance, brands such as Secretlab and DXRacer have gained popularity by incorporating adjustable lumbar support, high-density foam padding, and reclining features into their racing chairs. This trend aligns with the broader emphasis on health and well-being, as ergonomic chairs help prevent posture-related issues and discomfort. The focus on customized ergonomic solutions is thus driving the expansion of the racing chair market globally.

Report Scope and Racing Chairs Market Segmentation        

Attributes

Racing Chairs Key Market Insights

Segments Covered

  • By Electronics Attachment: Without Electronics Attachment and With Electronics Attachment
  •  By Wheel Type: With Wheel and Without Wheel
  • By Material: Polyurethane Leather, Polyvinyl Chloride Leather, and Others
  •  By Weight: Less than 60 Lbs, 60 to 70 Lbs, and More than 70 Lbs
  • By Price: Mid-Range (151-300 USD), High Range (Above 301 USD), and Low Range (Below 150 USD)
  • By End User: Residential and Commercial

Countries Covered

U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America

Key Market Players

A-dec Inc. (U.S.), Craftmaster Contour Equipment Inc. (U.S.), Danaher (U.S.), Henry Schein, Inc. (U.S.), Tecnodent S.R.L (Italy), Confidental Equipment Pvt Ltd (India), PROMPT ENGINEERING WORKS (India), Ace Casual Furniture (U.S.), CORSAIR (U.S.), GT OMEGA (U.K.), DXRacer USA LLC (U.S.), ThunderX3 (Taiwan), Arozzi North America (U.S.), Secretlab (Singapore), Herman Miller, Inc. (U.S.), Clutch Chairz US (U.S.), Raidmax (U.S.), GENESIS (Poland), Karnox (Taiwan), VERTAGEAR (Taiwan), NITRO CONCEPTS (Germany), Playseat (Netherlands), and AKRacing (Taiwan)

Market Opportunities

  • Expanding Online Retail Channels
  • Influence of Professional Gamers and Influencers

Value Added Data Infosets

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, pricing analysis, brand share analysis, consumer survey, demography analysis, supply chain analysis, value chain analysis, raw material/consumables overview, vendor selection criteria, PESTLE Analysis, Porter Analysis, and regulatory framework.

Racing Chairs Market Definition

Racing chairs, also known as gaming chairs, are specialized seating designed for comfort and ergonomic support during long hours of gaming or working. Inspired by the design of sports car seats, they often feature adjustable components such as lumbar support, armrests, and reclining mechanisms. Built with high-density foam and durable upholstery, racing chairs offer enhanced posture alignment and comfort. Key features include a reclining backrest, adjustable height, and a sturdy base with smooth-rolling casters. They cater to both gaming enthusiasts and professionals seeking improved ergonomics and aesthetic appeal in their workspace or gaming setup.

Racing Chairs Market Dynamics

Drivers

  • Increased Popularity of eSports

The increasing popularity of eSports has significantly boosted the demand for racing chairs, as gamers prioritize comfort and support for long gaming sessions. With eSports tournaments such as "The International" for Dota 2 and "League of Legends World Championship" gaining immense viewership, gamers are investing in ergonomic racing chairs to enhance their gaming experience. For instance, brands such as Secretlab and DXRacer have seen substantial growth in sales, driven by gamers seeking chairs that provide optimal lumbar support, adjustable features, and immersive design. This trend underscores the direct link between eSports popularity and the rising demand for specialized gaming chairs.

  • Growing Interest in Sim Racing

The surge in sim racing as both a hobby and competitive sport has significantly boosted the demand for specialized racing chairs. These chairs provide a more immersive and realistic driving experience, which is essential for both casual gamers and professional racers. For instance, the popularity of platforms such as iRacing and the increasing number of sim racing leagues have led enthusiasts to invest in high-quality racing chairs with features such as adjustable seating positions and force-feedback systems. This trend underscores the market's expansion, as enthusiasts seek to replicate real-life driving experiences at home.

Opportunities

  • Expanding Online Retail Channels

The growth of e-commerce platforms has significantly expanded market opportunities for racing chairs. Online retail giants such as Amazon and specialized gaming stores such as Newegg now offer extensive selections of racing chairs, making them easily accessible to a global audience. For instance, Amazon’s extensive inventory and customer reviews help consumers make informed purchasing decisions, driving higher sales. Additionally, platforms such as eBay and dedicated gaming chair retailers allow for competitive pricing and a variety of customization options. This broadens consumer reach and enhances market growth by catering to diverse preferences and increasing overall visibility.

  • Influence of Professional Gamers and Influencers

Endorsements and recommendations from professional gamers and social media influencers significantly boost consumer interest in racing chairs. For instance, popular streamers such as Shroud and Ninja have frequently showcased high-quality racing chairs during their streams, highlighting their comfort and features. Their endorsement not only raises awareness but also validates the product's quality to their large audiences, driving sales. Additionally, influencers often share personal reviews and experiences on platforms such as YouTube and Instagram, creating trust and credibility among potential buyers. This trend creates a lucrative opportunity for brands to leverage influencer partnerships for increased market reach and consumer engagement.

Restraints/Challenges

  • High Cost of Premium Models

Racing chairs are typically priced higher due to advanced ergonomic features and premium materials. This elevated cost restricts their accessibility to a wider audience, particularly those who are budget-conscious or unfamiliar with racing chairs. As a result, the high price point can deter potential buyers and limit market expansion. This challenge is exacerbated for consumers who might prioritize affordability over specialized features, potentially hindering the overall growth and reach of the racing chair market.

  • Competition from Alternative Seating Solutions

The racing chair market faces significant competition from alternative seating solutions, such as ergonomic and gaming chairs that offer comparable benefits. These alternatives often come at lower price points, attracting budget-conscious consumers. This competition can dilute the market share of racing chairs by presenting more affordable or versatile options. As a result, racing chairs may struggle to maintain their market dominance, especially if competing products meet similar ergonomic or aesthetic needs at a reduced cost, ultimately hindering the growth of the racing chair market.

This market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, 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 market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Racing Chairs Market Scope

The market is segmented on the basis of electronics attachment, wheel type, material, weight, price and end user. The growth amongst these segments will help you analyze 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.

Electronics Attachment

  • Without Electronics Attachment
  • With Electronics Attachment

 Wheel Type

  • With Wheel
  • Without Wheel

 Material

 Weight

  • Less than 60 Lbs
  • 60 to 70 Lbs
  • More than 70 Lbs

 Price

  • Mid-Range (151-300 USD)
  • High Range (Above 301 USD)
  • Low Range (Below 150 USD)

 End User

  • Residential
  • Commercial

Racing Chairs Market Regional Analysis

The market is analyzed and market size insights and trends are provided by electronics attachment, wheel type, material, weight, price and end user as referenced above.

The countries covered in the market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, U.A.E, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).

Asia-Pacific is projected to dominate the racing chairs market due to the increasing popularity of eSports and gaming among its population. The region's robust gaming culture and high adoption rates of advanced personal computers and smart devices, including mobile phones and tablets, are driving the demand for racing chairs in the forecast period.

North America is projected to be the fastest-growing region in the racing chairs market. This growth is driven by advanced technologies and significant consumer purchasing power. As new innovations and premium options emerge, the region's expanding interest in gaming and motorsports continues to boost demand for high-quality racing chairs.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points such as down-stream 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 global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Racing Chairs Market Share

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

Racing Chairs Market Leaders Operating in the Market Are:

  • A-dec Inc. (U.S.)
  • Craftmaster Contour Equipment Inc. (U.S.)
  • Danaher (U.S.)
  • Henry Schein, Inc. (U.S.)
  • Tecnodent S.R.L (Italy)
  • Confidental Equipment Pvt Ltd (India)
  • PROMPT ENGINEERING WORKS (India)
  • Ace Casual Furniture (U.S.)
  • CORSAIR (U.S.)
  • GT OMEGA (U.K.)
  • DXRacer USA LLC (U.S.)
  • ThunderX3 (Taiwan)
  • Arozzi North America (U.S.)
  • Secretlab (Singapore)
  • Herman Miller, Inc. (U.S.)
  • Clutch Chairz US (U.S.)
  • Raidmax (U.S.)
  • GENESIS (Poland)
  • Karnox (Taiwan)
  • VERTAGEAR (Taiwan)
  • NITRO CONCEPTS (Germany)
  • Playseat (Netherlands)
  • AKRacing (Taiwan)

Latest Developments in Racing Chairs Market

  • In August 2022, Cybeart, a Canadian leader in premium gaming accessories, unveiled the world’s first Lord of the Rings Chair. This new product, part of their ongoing partnership with Warner Bros., extends their collection of officially licensed merchandise. It promises to combine high-quality gaming comfort with iconic design elements from the beloved franchise
  • In June 2022, CORSAIR, renowned for its PC gaming peripherals, introduced the TC200 Fabric and TC200 Leatherette Gaming Chairs. These new additions to their gaming furniture line feature a racing-inspired design, with a broad seat surface and an extended height range. This ensures a comfortable and customizable sitting experience for gamers of all sizes


SKU-

Table of Content

Please fill in the below form for detailed Table of Content

First name is required
Last name is required
Please enter Contact No.
Email is required
Please enter job tital
Please enter company name
Please select country

List of Table

Please fill in the below form for detailed List of Table

First name is required
Last name is required
Please enter Contact No.
Email is required
Please enter job tital
Please enter company name
Please select country

List of Figure

Please fill in the below form for detailed List of Figure

First name is required
Last name is required
Please enter Contact No.
Email is required
Please enter job tital
Please enter company name
Please select country

View Infographics

Please fill in the below form for detailed Infographics

First name is required
Last name is required
Please enter Contact No.
Email is required
Please enter job tital
Please enter company name
Please select country
CHOOSE LICENCE TYPE
  • 7000.00
  • 4800.00
  • 3200.00
  • 8000.00
  • 15000.00
Why Choose Us
Unlocking New Opportunities on this Report Post Covid-19