About Monitor Arms
Monitor arms are supportive brackets or arms designed to hold up a monitor or display screen. It can be moved up and down, rotate, tilt, retract and swivel. It provides the user the ability to control the angle, distance and height of the monitor for optimum viewing. It helps to support a healthier and more economic working posture.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 3.0% |
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth. Analyst at AMA Research estimates that United States and Chinese Vendors will contribute the maximum growth to Global Monitor Arms market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Atdec Pty Ltd (Australia), Ergotron, Inc (United States), Herman Miller, Inc. (United States), HIGHGRADE TECH. CO., LTD. (China), Humanscale Corporation (United States), Innovative Office Products, LLC (United States), Loctek Ergonomic Technology Corp (China), Lumi Legend Corporation (China), Legrand AV (United States) and Modernsolid Industrial Co., Ltd. (China) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Monitor Arms market by Type (Single Monitor Arm and Multiple Monitor Arms), Application (Healthcare, Office, Education and Others) and Region.
On the basis of geography, the market of Monitor Arms has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Chanel, the sub-segment i.e. Online will boost the Monitor Arms market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Demand for Innovative Products
Market Growth Drivers:
Provide Effective Utilization of Space, Increased Demand for Consumer Electronics and Increases Productivity and Performance of the Workers
Challenges:
Lack of Awareness among the Consumers
Restraints:
Fluctuations in the Raw Material Prices
Opportunities:
Growing Demand from the Emerging Countries and Increasing Number of Private and Corporate Offices
Market Leaders and their expansionary development strategies
On June 5, 2023 ZGONIC appointed ergoCentric as its exclusive partner in Canada (Read Here). The addition of the US distribution agreement demonstrates a deepening relationship between ZGONIC and ergoCentric.
In November 2023, Ergotron launched the NX Monitor Arm, an essential monitor arm for home, office, and retail environments with space & budget constraints. In February 2020, Adapt Global Group launched the Flyt touchscreen monitor arm.
Key Target Audience
Monitor Arms Manufacturers, Raw Material Suppliers/ Buyers, Distributors, Government Body & Associations and End-user
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.