Gaming Steering Wheels Market Report 2026

The gaming steering wheels market size has grown strongly in recent years. It will grow from $24.17 billion in 2025 to $26.21 billion in 2026 at a compound annual growth rate (CAGR) of 8.4%. The growth in the historic period can be attributed to growth of console and pc gaming, rising popularity of racing video games, advancement of force feedback technologies, increased consumer spending on gaming peripherals, expansion of home gaming setups.

The gaming steering wheels market size is expected to see strong growth in the next few years. It will grow to $34.94 billion in 2030 at a compound annual growth rate (CAGR) of 7.5%. The growth in the forecast period can be attributed to growth of sim racing esports tournaments, increasing demand for immersive gaming experiences, rising adoption of vr compatible racing systems, expansion of online multiplayer racing platforms, advancements in haptic feedback technologies. Major trends in the forecast period include growing demand for high fidelity force feedback steering wheels, rising adoption of direct drive and high torque wheel systems, increasing integration of multi platform compatibility, expansion of esports and professional racing simulators, growing focus on premium build quality and realistic materials.

The gaming steering wheel market is set to grow due to the increasing popularity of e-sport competitions. These events involve organized multiplayer video game contests, often streamed live and attracting professional players and teams competing for prizes and recognition. E-sports' expansion is driven by factors such as widespread high-speed internet access, cultural acceptance, and active engagement on social media. Gaming steering wheels play a crucial role in e-sport competitions by offering an immersive and authentic driving experience, enhancing the realism of virtual racing simulations. For example, in May 2024, Esports News UK reported a significant 140% year-on-year increase in revenues from UK gaming events and venues, reaching £10.3 million in 2023 compared to £4.35 million in 2022. This growth underscores the rising influence of e-sport competitions in driving the demand for gaming steering wheels.

Major companies in the gaming steering wheel market are concentrating on developing innovative solutions, such as multi-platform direct drive steering wheels, to satisfy the increasing demand for immersive and realistic racing experiences among professional sim racers and gaming enthusiasts. Direct drive steering wheels, which link the motor directly to the steering shaft, provide superior torque response, precision, and feedback compared to traditional gear- or belt-driven systems. For instance, in July 2024, Guangzhou MOZA Intelligent Technology Co., Ltd., a China-based sim racing hardware developer, launched the Vision GS Steering Wheel, a direct drive-compatible device engineered to deliver ultra-realistic force feedback for racing simulators. The Vision GS features a 300mm GT-style rim, seven high-quality mechanical buttons, customizable RGB lighting, and a full-color digital dashboard, enhancing both control and visual immersion. It is compatible with multiple platforms, including PC and leading racing simulators, catering to casual gamers as well as esports professionals. This product underscores the market’s trend toward high-performance, customizable, and cross-platform racing peripherals that closely replicate real-world motorsport experiences.

In September 2024, Logitech Europe S.A., a Switzerland-based technology company, partnered with MOMO Srl. The collaboration between Logitech G and MOMO aims to combine MOMO’s iconic motorsports heritage and craftsmanship with Logitech G's advanced sim racing technology to establish a new standard for premium, high-performance sim racing wheels. MOMO Srl, based in Italy, specializes in designing and manufacturing automotive accessories such as alloy wheels, tires, and steering wheels.

Major companies operating in the gaming steering wheels market are Logitech, Turtle Beach, Mad Catz, Thrustmaster, Endor AG, Asetek Inc., VENOM UK LTD, GTR Simulator, Ascher Racing, NiTHO, SimXperience, Cube Controls S.R.L., SimCraft, Turn Racing, VELOCE LTD., Precision Sim Engineering Ltd., Grid Engineering, Simagic, mozaracing.com, JCL Simulator.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs on electronic components, motors, sensors, and precision mechanical parts have increased production costs and supply chain complexity in the gaming steering wheels market. Direct drive and high end force feedback wheels are most affected, particularly in Asia Pacific, North America, and Europe where cross border sourcing of motors and electronics is common. These tariffs have led to higher retail prices for premium gaming peripherals. However, they are also encouraging localized assembly, supplier diversification, and modular product designs to improve cost efficiency and long term market resilience.

The gaming steering wheels market research report is one of a series of new reports that provides gaming steering wheels market statistics, including gaming steering wheels industry global market size, regional shares, competitors with a gaming steering wheels market share, detailed gaming steering wheels market segments, market trends and opportunities, and any further data you may need to thrive in the gaming steering wheels industry. This gaming steering wheels market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Gaming steering wheels are specialized input devices designed to simulate the experience of driving a vehicle in racing and simulation video games. These devices enhance immersion by replicating real-world steering wheels, enabling players to engage more deeply with the game.

The primary types of gaming steering wheels include gear-driven, belt-driven, direct-drive, and hybrid models. Gear-driven wheels employ force feedback mechanisms to mimic the resistance and handling of actual vehicle steering systems. They come in various configurations, with options for clutch pedals and different weight categories ranging from 0-2 kg, 2.1-4 kg, 4.1-6 kg, 6.1-8 kg, and over 8 kg. These wheels are available through multiple distribution channels, both online and offline, catering to platforms such as personal computers (PCs), PlayStation 3 (PS3), PlayStation 4 (PS4), and Xbox.North America was the largest region in the gaming steering wheels market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the gaming steering wheels market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the gaming steering wheels market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The gaming steering wheels market consists of sales of friction-based wheels, force feedback wheels, handheld steering wheels, and servo-based wheels. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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