Global Joysticks Market to Reach $1.5 Billion by 2030
The global market for Joysticks estimated at US$885.9 Million in the year 2023, is expected to reach US$1.5 Billion by 2030, growing at a CAGR of 7.4% over the period 2023-2030. Wired Joysticks, one of the segments analyzed in the report, is expected to record 7.2% CAGR and reach US$830.7 Million by the end of the analysis period. Growth in the Wireless Joysticks segment is estimated at 7.8% CAGR for the next 7-year period.
The U.S. Market is Estimated at $232.7 Million, While China is Forecast to Grow at 11.2% CAGR
The Joysticks market in the U.S. is estimated at US$232.7 Million in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$361 Million by the year 2030 trailing a CAGR of 11.2% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.4% and 6.5% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 4.3% CAGR.
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