Report ID: UCMIG45I2118
Report ID:
UCMIG45I2118 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
In 2019, the global monitor arm market reached a significant value of USD 1.3 billion. Looking ahead, it is expected to experience a steady growth trajectory, with a compound annual growth rate (CAGR) based on revenue of 2.7% from 2020 to 2027. This market growth can be attributed to several factors, including the increasing adoption of ergonomic office furniture and the growing trend of flexible workspaces. Monitor arms offer enhanced ergonomics by allowing users to adjust the position and height of their monitors, reducing strain and promoting productivity. With the rise of remote work and the emphasis on employee well-being, the demand for monitor arms is expected to remain strong in the coming years.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Technology Hardware, Storage & Peripherals by segment aggregation, the contribution of the Technology Hardware, Storage & Peripherals in Technology Hardware & Equipment and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
Our industry expert will work with you to provide you with customized data in a short amount of time.
REQUEST FREE CUSTOMIZATIONThe market for Monitor Arm was estimated to be valued at US$ XX Mn in 2021.
The Monitor Arm Market is estimated to grow at a CAGR of XX% by 2028.
The Monitor Arm Market is segmented on the basis of Application, Regional.
Based on region, the Monitor Arm Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.
The key players operating in the Monitor Arm Market are Legrand AV Inc., Eastern Corporation, Herman Miller, Inc., Ergotron, Inc., Loctek Ergonomic Technology Corp..
Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.
Report ID: UCMIG45I2118