The computer keyboards market comprises the mechanical and membrane keyboards used widely in laptops, desktops, and workstations. Mechanical keyboards provide higher level of durability with individual keys that can withstand over 50 million keystrokes owing to their hardwearing construction. They are preferred among gamers and programmers due to their tactile feel and feedback. On the other hand, membrane keyboards are thinner and cheaper as compared to their mechanical counterparts and are suitable for general computing tasks. The rising popularity of ergonomic keyboards among users prone to typing injuries like carpal tunnel syndrome is expected to drive the market growth over the forecast period.
The Global Computer Keyboards Market is estimated to be valued at US$ 5.86 Mn in 2024 and is expected to exhibit a CAGR of 9.9% over the forecast period 2024 to 2031.
Key Takeaways
Key players operating in the computer keyboards market include Logitech, Razer, Corsair Components, Roccat Studios, SteelSeries, Riitek, HP Development, A4Tech, and Lenovo among others. Logitech being a long-standing player dominates nearly 25% of the overall market share.
The increasing number of knowledge workers involved in data entry, coding and continuous computer usage has propelled the demand for ergonomic keyboards globally. Various studies have shown that ergonomic keyboards help reduce stress on hands, wrists and forearms leading to better productivity with fewer typing injuries.
Key players are expanding their manufacturing and distribution networks globally especially in Asia Pacific and Latin America where computer usage is growing rapidly. Logitech, Corsair and Razer have partnered with several e-commerce marketplaces and retailers across countries to strengthen their foothold. The growing emphasis on work-from-home amid COVID-19 is expected to further fuel the global expansion of the Computer Keyboards Market Size over the coming years.
Market Drivers
One of the key drivers for the computer keyboards market is the rising prominence of ergonomic keyboard designs. Extensive computer usage leads to repetitive stress injuries like carpal tunnel syndrome if a standard keyboard is used for long hours continuously. Ergonomic keyboards are designed to reduce muscle strain on fingers, wrists, elbows and shoulders. They encourage natural postures to prevent injuries through split, vertical and wrist-rest styles. With growing health consciousness, ergonomic keyboards specially suited for programming and coding are gaining widespread adoption.
With the ongoing geopolitical tensions across several regions of the world, the global computer keyboards market is facing challenges in its growth trajectory. Several trade restrictions and sanctions imposed between major trading nations are disrupting supply chains and hampering easy access to key raw materials and components used in manufacturing computer keyboards. Rise in economic nationalism and protectionist policies adopted by many countries aimed at improving local manufacturing are also impacting international trade dynamics.
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