The analysts forecast global gaming chair market to grow at a CAGR of 6.58% during the period 2017-2021.
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Commenting on the global gaming chair market report the latest trend gaining momentum in the market is Introduction of VR and motion gaming.
The introduction of virtual reality (VR) and motion gaming is likely to revolutionize the global gaming industry during the forecast period. High-end technological advances have changed the 2D gaming environment to a more comprehensive and immersive gaming environment, allowing users to explore the virtual world.
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Interactive gaming is gaining prominence in the global gaming industry. It is expected to positively influence the gaming chair market.
Head-mounted displays, tracking devices, motion controllers, and gaming gloves are some of the products that are used to provide a VR experience. With rapid advances in technology, these products are expected to be integrated with gaming chairs to provide gamers with an immersive, comfortable, and exciting gaming experience.
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According to the gaming chair market report, one of the major drivers for this market is Increase in demand for sophisticated gaming techniques. With the increase in sophisticated and complex games, gaming techniques have evolved to a considerable extent as of 2017.
The level of sophistication varies based on the target audience, which is highly diverse. There are several reasons for consumers to engage in gaming.
While some consumers consider gaming as a source of entertainment, many consider it as an escape from reality. Some individuals play games to relieve stress.
The sophistication in gaming varies with changing consumer interests. The demand for more sophisticated games such as interactive games, especially in the adult gaming segment, has been increasing significantly and is likely to continue to grow during the forecast period.
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Key players in the global gaming chair market: Arozzi, DXRacer, ThunderX3, Vertagear, Ace Bayou, Corsair, N.Seat, Playseat, Repose, Subsonic, SecretLab and StemPilot
Further, the gaming chair market report states that one of the major factors hindering the growth of this market is High prices and maintenance costs. The high price of gaming chairs may not be a problem for enthusiasts.
However, it may pose a challenge for a large number of average gamers that do not prefer buying gaming chairs because they are expensive. Gaming chairs are prone to damage, and their maintenance can be a tedious job for users.
The majority of the gaming chairs available in the market come with built-in radio receivers, headphones, or subwoofers. Many gaming chairs, especially racing gaming chairs, are further equipped with components such as pedals and control buttons.
The continuous use of these chairs leads to wear and tear of these components. This increases the maintenance cost of these chairs.
Major Points from Table of Contents Provided in Global Gaming Chair Market Report:
1: Executive Summary
2: Scope of The Report
3: Research Methodology
5: Market Landscape
6: Market Segmentation By Type
7: Market Segmentation By Pricing
8: Regional Landscape
9: Decision Framework
10: Drivers and Challenges
11: Market Trends
12: Vendor Landscape