Lucintel Forecasts the Global Steering Wheel Market is expected to grow with a CAGR of 8.1% from 2024 to 2030
Lucintel Forecasts the Global Steering Wheel Market is expected to grow with a CAGR of 8.1% from 2024 to 2030
Blog Article
According to a market report by Lucintel, the future of the global steering wheel market looks promising with opportunities in the online and offline markets. The global steering wheel market is expected to grow with a CAGR of 8.1% from 2024 to 2030. The major drivers for this market are growing worldwide gaming culture and the use of augmented and virtual reality in racing games, growth of online gaming worldwide, and incorporation of cutting-edge technology.
A more than 150 – page report is developed to understand Trends, opportunity and forecast in steering wheel market to 2030 by type (gear-driven wheel, belt-driven wheel, direct drive wheel, and hybrid wheel), clutch pedal (with clutch pedal and without clutch pedal), distribution channel (online and offline), and region (North America, Europe, Asia Pacific, and the Rest of the World).
In this market, gear-driven wheel, belt-driven wheel, direct-drive wheel, and hybrid wheel are the major segments of steering wheel market by type. Lucintel forecasts that belt-driven wheels is expected to witness the highest growth over the forecast period because of using a system of belts and pulleys to increase the internal motors' output and give more consistent force input.
Within this market, online is expected to witness the higher growth.
Download sample by clicking on steering wheel market
Europe will remain the largest region over the forecast period because it is home to prominent academic institutions, research centers, and tech firms that carry out cutting edge work in integrated circuit and photonics technologies.
Thrustmaster, Fanatec, Hori, SteelSeries, Mad Catz, Razer, Trustmaste, Next Level Racing, Guillemot Corporation, and SimXperience are the major suppliers in the steering wheel market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1 972.636.5056
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