PUBLISHER: Polaris Market Research | PRODUCT CODE: 1424075
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1424075
Monitor Arm Market Share, Size, Trends, Industry Analysis Report, By Application (Healthcare, Office, Education, Others), By Region, And Segment Forecasts, 2024 - 2032
The global monitor arm market size is expected to reach USD 1.95 billion by 2032, according to a new study by Polaris Market Research. The report "Monitor Arm Market Share, Size, Trends, Industry Analysis Report, By Application (Healthcare, Office, Education, Others), By Region, And Segment Forecasts, 2024 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
Monitor arms are specifically crafted to provide support for various display screens, including computer monitors, TVs, and notebooks. These arms empower users to conveniently adjust the positioning of their monitor screens according to their preferences. The increasing market growth is propelled by a rising demand for computers in residential settings.
According to the International Telecommunication Union (ITU), there was a notable increase in computer ownership, with approximately 48% of households worldwide having computers in 2018, compared to 46% in 2015. This surge is particularly attributed to the growing adoption of computers for residential purposes in developing nations such as China and India. Furthermore, the anticipation of a heightened demand for computers in the coming years is fueled by the increasing popularity of curved monitors.
Monitor arms play a crucial role in mounting televisions on walls and ceilings in a variety of commercial and residential settings. The growing demand for television sets is poised to drive an increased need for monitor arms. For instance, according to data released by the India Brand Equity Foundation (IBEF) in December 2019, the television market in India reached a size of USD 10.2 billion in 2019 and is projected to reach USD 14.7 billion by 2022. Additionally, the surge in disposable income along with a rising number of internet users is expected to contribute to an increased demand for desktop computers and laptops, consequently fostering market growth.
It was also noted that, International Telecommunication Union (ITU), there was a sharp increase in global internet access, with 49.0% of the world's population having internet access in 2017, compared to 41.5% in 2015. This upward trend is expected to continue in the coming years, driven by various initiatives implemented by the governments of developing economies to promote digitalization.
Increasing investments in healthcare infrastructure are expected to have a positive influence on the demand for monitor arms. Within the healthcare sector, there is a preference for wall mount and ceiling mount monitor arms due to their ability to enhance performance and efficiency. Manufacturers in this industry are strategically focusing on delivering high-quality products that not only guarantee superior performance but also streamline the installation process, ensuring smooth handling.
Manufacturers recognize the importance of minimizing installation efforts, as this contributes to overall efficiency and effectiveness within healthcare settings. Monitor arms designed for healthcare environments often come with added features, such as hidden cable arrangements. This not only helps maintain a tidy and organized workspace but also reduces the risk of cable entanglements, ensuring a safe and functional environment for medical professionals.
Monitor Arm Market Report Highlights
Healthcare segment will grow with rapid pace, owing to rising need of for multi-display monitors during surgeries
Office segment held the largest share, for multi-tasking and to increase the productivity of employees
Asia pacific is expected to grow with substantial pace, owing to strong demand from small and mid-tier cities
The key market players include Atdec, Ergotron, Herman Miller, Highgrade Tech, Humanscale, Innovative Office Products, Legrand & LUMI LEGEND.
Polaris Market Research has segmented the monitor arm market report based on application, and region:
Monitor Arm, Application Outlook (Revenue - USD Billion, 2019 - 2032)
- Healthcare
- Office
- Education
- Others
Monitor Arm, Regional Outlook (Revenue - USD Billion, 2019 - 2032)
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Netherlands
- Asia Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Malaysia
- Latin America
- Argentina
- Brazil
- Mexico
- Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
- 2.1. Market Highlights
3. Research Methodology
- 3.1. Overview
- 3.1.1. Data Mining
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Monitor Arm Market Insights
- 4.1. Monitor Arm Market - Industry Snapshot
- 4.2. Monitor Arm Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Gaming and Entertainment Industry Growth
- 4.2.1.2. Increased Adoption of Ergonomics
- 4.2.2. Restraints and Challenges
- 4.2.2.1. Limited Awareness
- 4.2.1. Drivers and Opportunities
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTLE Analysis
- 4.5. Value Chain Analysis
- 4.6. Monitor Arm Industry trends
- 4.7. COVID-19 Impact Analysis
5. Global Monitor Arm Market, by Application
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Monitor Arm Market, by Application, 2019-2032 (USD Billion)
- 5.3. Healthcare
- 5.3.1. Global Monitor Arm Market, by Healthcare, by Region, 2019-2032 (USD Billion)
- 5.4. Office
- 5.4.1. Global Monitor Arm Market, by Office, by Region, 2019-2032 (USD Billion)
- 5.5. Education
- 5.5.1. Global Monitor Arm Market, by Education, by Region, 2019-2032 (USD Billion)
- 5.6. Others
- 5.6.1. Global Monitor Arm Market, by Others, by Region, 2019-2032 (USD Billion)
6. Global Monitor Arm Market, by Geography
- 6.1. Key findings
- 6.2. Introduction
- 6.2.1. Monitor Arm Market Assessment, By Geography, 2019-2032 (USD Billion)
- 6.3. Monitor Arm Market - North America
- 6.3.1. North America: Monitor Arm Market, by Application, 2019-2032 (USD Billion)
- 6.3.2. Monitor Arm Market - U.S.
- 6.3.2.1. U.S.: Monitor Arm Market, by Application, 2019-2032 (USD Billion)
- 6.3.3. Monitor Arm Market - Canada
- 6.3.3.1. Canada: Monitor Arm Market, by Application, 2019-2032 (USD Billion)
- 6.4. Monitor Arm Market - Europe
- 6.4.1. Europe: Monitor Arm Market, by Application, 2019-2032 (USD Billion)
- 6.4.2. Monitor Arm Market - UK
- 6.4.2.1. UK: Monitor Arm Market, by Application, 2019-2032 (USD Billion)
- 6.4.3. Monitor Arm Market - France
- 6.4.3.1. France: Monitor Arm Market, by Application, 2019-2032 (USD Billion)
- 6.4.4. Monitor Arm Market - Germany
- 6.4.4.1. Germany: Monitor Arm Market, by Application, 2019-2032 (USD Billion)
- 6.4.5. Monitor Arm Market - Italy
- 6.4.5.1. Italy: Monitor Arm Market, by Application, 2019-2032 (USD Billion)
- 6.4.6. Monitor Arm Market - Spain
- 6.4.6.1. Spain: Monitor Arm Market, by Application, 2019-2032 (USD Billion)
- 6.4.7. Monitor Arm Market - Netherlands
- 6.4.7.1. Netherlands: Monitor Arm Market, by Application, 2019-2032 (USD Billion)
- 6.4.8. Monitor Arm Market - Austria
- 6.4.8.1. Austria: Monitor Arm Market, by Application, 2019-2032 (USD Billion)
- 6.5. Monitor Arm Market - Asia Pacific
- 6.5.1. Asia Pacific: Monitor Arm Market, by Application, 2019-2032 (USD Billion)
- 6.5.2. Monitor Arm Market - China
- 6.5.2.1. China: Monitor Arm Market, by Application, 2019-2032 (USD Billion)
- 6.5.3. Monitor Arm Market - India
- 6.5.3.1. India: Monitor Arm Market, by Application, 2019-2032 (USD Billion)
- 6.5.4. Monitor Arm Market - Malaysia
- 6.5.4.1. Malaysia: Monitor Arm Market, by Application, 2019-2032 (USD Billion)
- 6.5.5. Monitor Arm Market - Japan
- 6.5.5.1. Japan: Monitor Arm Market, by Application, 2019-2032 (USD Billion)
- 6.5.6. Monitor Arm Market - Indonesia
- 6.5.6.1. Indonesia: Monitor Arm Market, by Application, 2019-2032 (USD Billion)
- 6.5.7. Monitor Arm Market - South Korea
- 6.5.7.1. South Korea: Monitor Arm Market, by Application, 2019-2032 (USD Billion)
- 6.6. Monitor Arm Market - Middle East & Africa
- 6.6.1. Middle East & Africa: Monitor Arm Market, by Application, 2019-2032 (USD Billion)
- 6.6.2. Monitor Arm Market - Saudi Arabia
- 6.6.2.1. Saudi Arabia: Monitor Arm Market, by Application, 2019-2032 (USD Billion)
- 6.6.3. Monitor Arm Market - UAE
- 6.6.3.1. UAE: Monitor Arm Market, by Application, 2019-2032 (USD Billion)
- 6.6.4. Monitor Arm Market - Israel
- 6.6.4.1. Israel: Monitor Arm Market, by Application, 2019-2032 (USD Billion)
- 6.6.5. Monitor Arm Market - South Africa
- 6.6.5.1. South Africa: Monitor Arm Market, by Application, 2019-2032 (USD Billion)
- 6.7. Monitor Arm Market - Latin America
- 6.7.1. Latin America: Monitor Arm Market, by Application, 2019-2032 (USD Billion)
- 6.7.2. Monitor Arm Market - Mexico
- 6.7.2.1. Mexico: Monitor Arm Market, by Application, 2019-2032 (USD Billion)
- 6.7.3. Monitor Arm Market - Brazil
- 6.7.3.1. Brazil: Monitor Arm Market, by Application, 2019-2032 (USD Billion)
- 6.7.4. Monitor Arm Market - Argentina
- 6.7.4.1. Argentina: Monitor Arm Market, by Application, 2019-2032 (USD Billion)
7. Competitive Landscape
- 7.1. Expansion and Acquisition Analysis
- 7.1.1. Expansion
- 7.1.2. Acquisitions
- 7.2. Partnerships/Collaborations/Agreements/Exhibitions
8. Company Profiles
- 8.1. Atdec Pty Ltd
- 8.1.1. Company Overview
- 8.1.2. Financial Performance
- 8.1.3. Product Benchmarking
- 8.1.4. Recent Development
- 8.2. Ergotron, Inc
- 8.2.1. Company Overview
- 8.2.2. Financial Performance
- 8.2.3. Product Benchmarking
- 8.2.4. Recent Development
- 8.3. Herman Miller, Inc
- 8.3.1. Company Overview
- 8.3.2. Financial Performance
- 8.3.3. Product Benchmarking
- 8.3.4. Recent Development
- 8.4. Highgrade Tech. Co., Ltd
- 8.4.1. Company Overview
- 8.4.2. Financial Performance
- 8.4.3. Product Benchmarking
- 8.4.4. Recent Development
- 8.5. Humanscale
- 8.5.1. Company Overview
- 8.5.2. Financial Performance
- 8.5.3. Product Benchmarking
- 8.5.4. Recent Development
- 8.6. Innovative Office Products, LLC
- 8.6.1. Company Overview
- 8.6.2. Financial Performance
- 8.6.3. Product Benchmarking
- 8.6.4. Recent Development
- 8.7. Legrand AV Inc
- 8.7.1. Company Overview
- 8.7.2. Financial Performance
- 8.7.3. Product Benchmarking
- 8.7.4. Recent Development
- 8.8. Loctek Ergonomic Technology Corp
- 8.8.1. Company Overview
- 8.8.2. Financial Performance
- 8.8.3. Product Benchmarking
- 8.8.4. Recent Development
- 8.9. LUMI LEGEND CORP
- 8.9.1. Company Overview
- 8.9.2. Financial Performance
- 8.9.3. Product Benchmarking
- 8.9.4. Recent Development
- 8.10. Modernsolid Industrial Co., Ltd
- 8.10.1. Company Overview
- 8.10.2. Financial Performance
- 8.10.3. Product Benchmarking
- 8.10.4. Recent Development
- 8.11. North Bayou AV
- 8.11.1. Company Overview
- 8.11.2. Financial Performance
- 8.11.3. Product Benchmarking
- 8.11.4. Recent Development
- 8.12. Vogel's Products BV
- 8.12.1. Company Overview
- 8.12.2. Financial Performance
- 8.12.3. Product Benchmarking
- 8.12.4. Recent Development
- 8.13. Eastern Global Corporation
- 8.13.1. Company Overview
- 8.13.2. Financial Performance
- 8.13.3. Product Benchmarking
- 8.13.4. Recent Development
List of Tables
- Table 1 Global Monitor Arm Market, by Application, 2019-2032 (USD Billion)
- Table 2 Monitor Arm Market Assessment, By Geography, 2019-2032 (USD Billion)
- Table 3 North America: Monitor Arm Market, by Application, 2019-2032 (USD Billion)
- Table 4 U.S.: Monitor Arm Market, by Application, 2019-2032 (USD Billion)
- Table 5 Canada: Monitor Arm Market, by Application, 2019-2032 (USD Billion)
- Table 6 Canada: Monitor Arm Market, by Application, 2019-2032 (USD Billion)
- Table 7 Europe: Monitor Arm Market, by Application, 2019-2032 (USD Billion)
- Table 8 Spain: Monitor Arm Market, by Application, 2019-2032 (USD Billion)
- Table 9 Netherlands: Monitor Arm Market, by Application, 2019-2032 (USD Billion)
- Table 10 Austria: Monitor Arm Market, by Application, 2019-2032 (USD Billion)
- Table 11 Germany: Monitor Arm Market, by Application, 2019-2032 (USD Billion)
- Table 12 Italy: Monitor Arm Market, by Application, 2019-2032 (USD Billion)
- Table 13 France: Monitor Arm Market, by Application, 2019-2032 (USD Billion)
- Table 14 Asia Pacific: Monitor Arm Market, by Application, 2019-2032 (USD Billion)
- Table 15 China: Monitor Arm Market, by Application, 2019-2032 (USD Billion)
- Table 16 Japan: Monitor Arm Market, by Application, 2019-2032 (USD Billion)
- Table 17 India: Monitor Arm Market, by Application, 2019-2032 (USD Billion)
- Table 18 Indonesia: Monitor Arm Market, by Application, 2019-2032 (USD Billion)
- Table 19 South Korea: Monitor Arm Market, by Application, 2019-2032 (USD Billion)
- Table 20 Malaysia: Monitor Arm Market, by Application, 2019-2032 (USD Billion)
- Table 21 Latin America: Monitor Arm Market, by Application, 2019-2032 (USD Billion)
- Table 22 Brazil: Monitor Arm Market, by Application, 2019-2032 (USD Billion)
- Table 23 Mexico: Monitor Arm Market, by Application, 2019-2032 (USD Billion)
- Table 24 Argentina: Monitor Arm Market, by Application, 2019-2032 (USD Billion)
- Table 25 Middle East & Africa: Monitor Arm Market, by Application, 2019-2032 (USD Billion)
- Table 26 South Africa: Monitor Arm Market, by Application, 2019-2032 (USD Billion)
- Table 27 Israel: Monitor Arm Market, by Application, 2019-2032 (USD Billion)
- Table 28 Saudi Arabia: Monitor Arm Market, by Application, 2019-2032 (USD Billion)
- Table 29 UAE: Monitor Arm Market, by Application, 2019-2032 (USD Billion)
List of Figures
- Figure 1 Global Monitor Arm Market, 2019-2032 (USD Billion)
- Figure 2 Integrated Ecosystem
- Figure 3 Research Methodology: Top-Down & Bottom-Up Approach
- Figure 4 Market by Geography
- Figure 5 Porter's Five Forces
- Figure 6 Market by Application
- Figure 7 Global Monitor Arm Market, by Application, 2022 & 2032 (USD Billion)
- Figure 8 Monitor Arm Market Assessment, By Geography, 2019-2032 (USD Billion)
- Figure 9 Strategic Analysis - Monitor Arm Market
