Market Leaders - Mechanical Keyboard Industry

Feb, 2023 - by CMI

Market Leaders - Mechanical Keyboard Industry

Increasing PC gaming popularity and the availability of upgraded functionalities over membrane-based keyboards are likely to drive the worldwide mechanical keyboard market development over the forecast period. Integration of numerous devices and other features to improve functionality might give profitable growth prospects in the global mechanical keyboard market. Keyboard makers are increasingly making switches in-house, and there is a greater emphasis on enhancing the functionality of individual keys. R&D operations might lead to significant commercial prospects in the global mechanical keyboard market. High mechanical keyboard prices and declining PC sales globally are projected to stymie expansion in the global mechanical keyboard market over the forecast period.

According to Coherent Market insights, the global Mechanical Keyboard Market is estimated to be valued at US$ 1,462.59 million in 2021 and is expected to exhibit a CAGR of 20.2% over the forecast period (2021-2028).

Leading Companies in the Mechanical Keyboard Industry:

1. ZF Friedrichshafen AG – Cherry

Cherry AG manufactures and sells computer input devices in Germany. It offers office and home office products, such as mice, keyboards, desktop sets, and equipment; switches for mechanical keyboards; gaming products comprising mice, keyboards, and accessories; security related products; and USB terminals, card readers, accessories, and other products. The company sells its products through distributors, resellers, representatives, and partners. Cherry AG was founded in 1953 and is headquartered in Auerbach, Germany.

2. Huizhou Greetech Electronics Co. Ltd. – Greetech

Huizhou China Eagle Electronic Technology Co., Ltd. researches and develops, produces, and sells printed circuit boards in China and internationally. The company's products include offers rigid and flexible circuit, multilayer, HDI, and aluminum substrate boards. Its products are used in consumer electronics, network communications, automotive electronics, security, LED displays, medical equipment, AI, IOT, AR/VR, and drones, etc. The company was founded in 2000 and is headquartered in Huizhou, China.

3. OMRON Corporation

OMRON Corporation engages in industrial automation, device and module solutions, social systems, and healthcare businesses worldwide.  OMRON Corporation was founded in 1933 and is headquartered in Kyoto, Japan.

4. Corsair

Corsair Gaming, Inc., together with its subsidiaries, designs, markets, and distributes gaming and streaming peripherals, components and systems in the Americas, Europe, the Middle East, and the Asia Pacific. The company offers gamer and creator peripherals, including gaming keyboards, mice, headsets, and controllers, as well as capture cards, stream decks, USB microphones, studio accessories, and EpocCam software.  The company was incorporated in 1994 and is headquartered in Fremont, California. On July 2022, company launched Corsair’s K70 Pro Mini Wireless, the company’s first mechanical keyboard to feature hot-swappable switches, which means you can easily remove and replace them with an included tool — no soldering required.

5. Rapoo Corporation

Shenzhen Rapoo Technology Co., Ltd. researches, develops, designs, manufactures, and sells wired and wireless peripheral products worldwide. The company offers its products under the Rapoo brand. The company was founded in 2002 and is based in Shenzhen, China. Shenzhen Rapoo Technology Co., Ltd. was a former subsidiary of MLK Electronics Limited.  In November 2019, Rapoo corporation introduced Rapoo 8900O wireless mouse and keyboard combo.

6. Lenovo

Lenovo Group Limited, an investment holding company, develops, manufactures, and markets technology products and services. It operates through Intelligent Devices Group, Infrastructure Solutions Group, and Solutions and Services Group segments. t operates in China, the Asia Pacific, Europe, the Middle East, Africa, and the Americas. Lenovo Group Limited was founded in 1984 and is based in Quarry Bay, Hong Kong.

7. Dell HP Development Company

Dell Technologies Inc. designs, develops, manufactures, markets, sells, and supports various comprehensive and integrated solutions, products, and services in the Americas, Europe, the Middle East, Asia, and internationally.  Dell Technologies Inc. was founded in 1984 and is headquartered in Round Rock, Texas. In March 2021, Dell Adds Cherry MX Mechanical Keyboard to Alienware m17 R4, Alienware m15 R4 Gaming Laptops Lineup. In November 2019, HP Development Company, L.P. Cherry MX switches for mechanical gaming keyboard. These switches come in a sprawling array of different configurations, allowing you to choose and control the way in which you interact with your keyboard. Boasting a lifespan of over 50 million operations, Cherry MX switches provide unmatched levels of performance, durability, and comfort.

8. A4TECH

Provider of big data transfer services designed to offer patent-pending data transfer technologies. The company's big data transfer services include data migration and replication software and appliances for clouds and on-premises that is user-friendly and has command-line interface which gives in-depth data transfer visibility and analytics, enabling clients to save in total cost and time for data transfer and migration. Headquartered in U.S., founded in 2013.  

9. SteelSeries

Founded in 2001, headquartered in Denmark, Manufacturer of gaming peripherals intended to create innovative new products, designed for eSports enthusiasts and competitive gaming professionals. The company offers headsets, mice, keyboards, mousepads, consoles, controllers and gaming accessories, tested by in-house engineers, thereby enhancing the user experience through its inventive functionality. On May 28, 2019 SteelSeries announced the world’s most customizable mechanical gaming keyboards with fully adjustable actuation switches – the Apex Pro and Apex Pro TKL. On July 2021, Gaming peripherals-maker SteelSeries is being purchased by GN, the owner of audio equipment company Jabra. 

*Definition- Mechanical keyboards are those that have high-quality plastic key switches beneath each keycap. A mechanical keyboard sends typing/keystroke impulses through switches.