The Gaming Steering Wheels Market size is estimated at USD 25.57 billion in 2024, and is expected to reach USD 38.80 billion by 2029, growing at a CAGR of 8.70% during the forecast period (2024-2029).
The global surge in augmented and virtual reality adoption, especially in racing games, alongside the expanding gaming culture, propels the growth of the gaming steering wheel market. Additionally, the global ascent of cloud-based gaming presents another significant growth avenue. Yet, the market faces a hurdle in the form of the high cost associated with gaming steering wheels.
The Gaming Steering Wheels market is consolidated, with a few prominent players such as Logitech Europe SA, Guillemot Corporation SA, Endor AG (Fanatec) and others; to increase market share, corporations continually spend on strategic partnerships or acquisitions and product development. The following are some recent market developments
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