Market Share of Gaming Steering Wheels Industry
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
- In May 2024, Corsair is in talks to acquire Endor AG, the parent company of the renowned sim racing brand Fanatec. The potential acquisition promises a much-needed financial boost for Endor AG, grappling with a hefty EUR 70 million (USD 75.78 million) debt. The success of this deal hinges on approval from German regulatory bodies. Fanatec, known for its top-tier offerings, boasts a dedicated fan base and a diverse product lineup, spanning from mid-range to high-end direct drive bases, wheels, pedals, shifters, and cockpits.
- In January 2024, Turtle Beach, known for its gaming peripherals, expands its simulation hardware lineup with the VelocityOne Race, its first wheel and pedal system tailored for racing simulators. This release follows the success of its inaugural gaming simulation hardware, the VelocityOne Flight, introduced in 2021. The VelocityOne Race boasts a direct drive system, offering heightened torque for a more immersive experience than traditional belt-driven models. Compatible with Windows PC, Xbox One, and the latest Xbox Series X / S consoles, users can further personalize their experience through the VelocityOne Race Tuner companion app. This app, available on Xbox, PC, iOS, and Android platforms, allows for tailored control mappings and adjustable force feedback levels.
Gaming Steering Wheels Market Leaders
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Logitech Europe SA
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Guillemot Corporation SA
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Endor AG (Fanatec)
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GTR Simulator
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SimXperience
*Disclaimer: Major Players sorted in no particular order
