Product Code: GVR-4-68038-456-7
Monitor Arm Market Growth & Trends:
The global monitor arm market size is anticipated to reach USD 2.1 billion by 2030, expanding at a revenue-based CAGR of 4.1% over the forecast period, according to a new report by Grandview Research, Inc. Monitor arms are designed to support display screens such as computer monitors, TV, and notebooks. Monitor arm allows the user to move the monitor screen as per their convenience. Rising demand for computers for residential use is driving the market growth. According to the International Telecommunication Union (ITU), around 48% of the households across the world had computers in 2018, as compared to 46% in 2015. This upsurge is due to increasing adoption of computers for residential purpose in developing countries such as China and India. The demand for computers is anticipated to rise over the coming years owing to growing adoption of curved monitors.
Televisions are mounted on wall and ceiling using monitor arms in various commercial and residential locations. Increasing demand for television sets is also expected to fuel the demand for monitor arms. For instance, as per the data published by India Brand Equity Foundation (IBEF) in December 2019, the market size for televisions in India was USD 10.2 billion in 2019 and is expected to reach USD 14.7 billion by 2022. Furthermore, rising disposable income coupled with increasing number of internet users, is also anticipated to boost the demand for desktop computers and laptops, thereby resulting in the market growth.
Rising investments in healthcare infrastructure is also projected to positively impact the demand for monitor arms. In the healthcare sector, wall mount and ceiling mount monitor arms are preferred as they ensure enhanced performance and efficiency. Several manufacturers are focusing on providing superior quality products to reduce efforts during installations to enable smooth handling. Added features such as hidden cable arrangement and attached facility for keyboard and mouse with monitor arms are an essential factor for product differentiation.
The rising number of internet users is expected to drive the monitor arm market during the forecast period. According to ITU, in 2017, 49.0% of the world's population had access to the internet as compared to 41.5% in 2015. This number is projected to rise over the coming years considering various initiatives taken by the government of developing economies to promote digitalization. For instance, in 2015, the government of India launched Digital India campaign in which the government's services are provided to the citizens through improved online infrastructure.
Monitor Arm Market Report Highlights:
- The healthcare segment is projected to grow at the fastest rate over the forecast period owing to increasing adoption of display technology for providing better infrastructure and service to patients
- The office segment held the largest market share in 2024 due to the adoption of multiscreen monitors to lower the effort and increase the productivity of employees
- North America held a market share of over 38.0% in terms of revenue in 2024. However, Asia Pacific is anticipated to witness a considerable growth over the forecast period owing to rising demand for computers in China and Japan along with the initiative of Indian government to promote manufacturing of personal computers
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Methodology segmentation & scope
- 1.2. Market Definitions
- 1.3. Research Methodology
- 1.3.1. Information Procurement
- 1.3.2. Information or Data Analysis
- 1.3.3. Market Formulation & Data Visualization
- 1.3.4. Data Validation & Publishing
- 1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. Monitor Arm Variables, Trends & Scope
- 3.1. Market Introduction/Lineage Outlook
- 3.2. Industry Value Chain Analysis
- 3.3. Market Dynamics
- 3.3.1. Market Drivers Analysis
- 3.3.2. Market Restraints Analysis
- 3.3.3. Industry Opportunities
- 3.4. Monitor Arm Analysis Tools
- 3.4.1. Porter's Analysis
- 3.4.1.1. Bargaining power of the suppliers
- 3.4.1.2. Bargaining power of the buyers
- 3.4.1.3. Threats of substitution
- 3.4.1.4. Threats from new entrants
- 3.4.2. PESTEL Analysis
- 3.4.2.1. Political landscape
- 3.4.2.2. Economic and Social landscape
- 3.4.2.3. Technological landscape
- 3.4.2.4. Environmental landscape
- 3.4.2.5. Legal landscape
Chapter 4. Monitor Arm Market: Application Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. Monitor Arm: Application Movement Analysis, 2024 & 2030 (USD Billion)
- 4.3. Healthcare
- 4.3.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 4.4. Office
- 4.4.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 4.5. Education
- 4.5.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 4.6. Others
- 4.6.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 5. Monitor Arm Market: Regional Estimates & Trend Analysis
- 5.1. Monitor Arm Share, By Region, 2024 & 2030, USD Billion
- 5.2. North America
- 5.2.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.2.2. Market estimates and forecast by application, 2018 - 2030 (Revenue, USD Billion)
- 5.2.3. U.S.
- 5.2.3.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.2.3.2. Market estimates and forecast by application, 2018 - 2030 (Revenue, USD Billion)
- 5.2.4. Canada
- 5.2.4.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.2.4.2. Market estimates and forecast by application, 2018 - 2030 (Revenue, USD Billion)
- 5.2.5. Mexico
- 5.2.5.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.2.5.2. Market estimates and forecast by application, 2018 - 2030 (Revenue, USD Billion)
- 5.3. Europe
- 5.3.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.3.2. Market estimates and forecast by application, 2018 - 2030 (Revenue, USD Billion)
- 5.3.3. Germany
- 5.3.3.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.3.3.2. Market estimates and forecast by application, 2018 - 2030 (Revenue, USD Billion)
- 5.3.4. France
- 5.3.4.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.3.4.2. Market estimates and forecast by application, 2018 - 2030 (Revenue, USD Billion)
- 5.4. Asia Pacific
- 5.4.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.4.2. Market estimates and forecast by application, 2018 - 2030 (Revenue, USD Billion)
- 5.4.3. China
- 5.4.3.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.4.3.2. Market estimates and forecast by application, 2018 - 2030 (Revenue, USD Billion)
- 5.4.4. India
- 5.4.4.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.4.4.2. Market estimates and forecast by application, 2018 - 2030 (Revenue, USD Billion)
- 5.4.5. Japan
- 5.4.5.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.4.5.2. Market estimates and forecast by application, 2018 - 2030 (Revenue, USD Billion)
- 5.4.6. Australia
- 5.4.6.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.4.6.2. Market estimates and forecast by application, 2018 - 2030 (Revenue, USD Billion)
- 5.4.7. South Korea
- 5.4.7.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.4.7.2. Market estimates and forecast by application, 2018 - 2030 (Revenue, USD Billion)
- 5.5. Latin America
- 5.5.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.5.2. Market estimates and forecast by application, 2018 - 2030 (Revenue, USD Billion)
- 5.5.3. Brazil
- 5.5.3.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.5.3.2. Market estimates and forecast by application, 2018 - 2030 (Revenue, USD Billion)
- 5.6. Middle East & Africa
- 5.6.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.6.2. Market estimates and forecast by application, 2018 - 2030 (Revenue, USD Billion)
- 5.6.3. Saudi Arabia
- 5.6.3.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.6.3.2. Market estimates and forecast by application, 2018 - 2030 (Revenue, USD Billion)
- 5.6.4. UAE
- 5.6.4.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.6.4.2. Market estimates and forecast by application, 2018 - 2030 (Revenue, USD Billion)
- 5.6.5. South Africa
- 5.6.5.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.6.5.2. Market estimates and forecast by application, 2018 - 2030 (Revenue, USD Billion)
Chapter 6. Competitive Landscape
- 6.1. Recent Developments & Impact Analysis by Key Market Participants
- 6.2. Company Categorization
- 6.3. Company Market Share Analysis
- 6.4. Company Heat Map Analysis
- 6.5. Strategy Mapping
- 6.5.1. Expansion
- 6.5.2. Mergers & Acquisition
- 6.5.3. Partnerships & Collaborations
- 6.5.4. New Product Launches
- 6.5.5. Research And Development
- 6.6. Company Profiles
- 6.6.1. Atdec Pty Ltd
- 6.6.1.1. Participant's Overview
- 6.6.1.2. Financial Performance
- 6.6.1.3. Product Benchmarking
- 6.6.1.4. Recent Developments
- 6.6.2. Eastern Global Corporation
- 6.6.2.1. Participant's Overview
- 6.6.2.2. Financial Performance
- 6.6.2.3. Product Benchmarking
- 6.6.2.4. Recent Developments
- 6.6.3. Ergotron, Inc.
- 6.6.3.1. Participant's Overview
- 6.6.3.2. Financial Performance
- 6.6.3.3. Product Benchmarking
- 6.6.3.4. Recent Developments
- 6.6.4. Herman Miller, Inc.
- 6.6.4.1. Participant's Overview
- 6.6.4.2. Financial Performance
- 6.6.4.3. Product Benchmarking
- 6.6.4.4. Recent Developments
- 6.6.5. Highgrade Tech Co., Ltd.
- 6.6.5.1. Participant's Overview
- 6.6.5.2. Financial Performance
- 6.6.5.3. Product Benchmarking
- 6.6.5.4. Recent Developments
- 6.6.6. Humanscale
- 6.6.6.1. Participant's Overview
- 6.6.6.2. Financial Performance
- 6.6.6.3. Product Benchmarking
- 6.6.6.4. Recent Developments
- 6.6.7. Human Active Technology, LLC
- 6.6.7.1. Participant's Overview
- 6.6.7.2. Financial Performance
- 6.6.7.3. Product Benchmarking
- 6.6.7.4. Recent Developments
- 6.6.8. Legrand AV Inc.
- 6.6.8.1. Participant's Overview
- 6.6.8.2. Financial Performance
- 6.6.8.3. Product Benchmarking
- 6.6.8.4. Recent Developments
- 6.6.9. Loctek Ergonomic Technology Corp.
- 6.6.9.1. Participant's Overview
- 6.6.9.2. Financial Performance
- 6.6.9.3. Product Benchmarking
- 6.6.9.4. Recent Developments
- 6.6.10. LUMI LEGEND CORP.
- 6.6.10.1. Participant's Overview
- 6.6.10.2. Financial Performance
- 6.6.10.3. Product Benchmarking
- 6.6.10.4. Recent Developments
- 6.6.11. Modernsolid Industrial Co., Ltd.
- 6.6.11.1. Participant's Overview
- 6.6.11.2. Financial Performance
- 6.6.11.3. Product Benchmarking
- 6.6.11.4. Recent Developments
- 6.6.12. North Bayou SA
- 6.6.12.1. Participant's Overview
- 6.6.12.2. Financial Performance
- 6.6.12.3. Product Benchmarking
- 6.6.12.4. Recent Developments
- 6.6.13. Vogel's Products BV
- 6.6.13.1. Participant's Overview
- 6.6.13.2. Financial Performance
- 6.6.13.3. Product Benchmarking
- 6.6.13.4. Recent Developments