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The global LCD Monitor Arm market size was valued at USD 1056.88 Million in 2022 and will reach USD 1341.91 Million in 2028, with a CAGR of 4.06% during 2022-2028.
LCD Monitor Arm is a device used to attach to a computer screen or TV. It is easily adjustable which means it requires minimum effort but can achieve maximum precision. From the structure of LCD Monitor Arms, it can be classified into three kinds, Single Arm, Double Arm and Muti-Arm. From the material, it can be divided into Carbon steel LCD Arms and Aluminum LCD Arms.
The global spread of the COVID-19 epidemic has brought an unprecedented severe test to the development of the global economy, and the global economy is facing greater downward pressure. The impact of the epidemic on the economy has led to the stagnation or slowdown of economic activities in many countries, the global demand has decreased, trade and investment have declined significantly, and the global industrial chain has been affected.
The new coronavirus pneumonia has profoundly affected many aspects of global socio-economic. For the manufacturing industry, the production and sales of products will be greatly affected in the short term. The direct impact on manufacturing is mainly reflected in the shortage of labor and raw materials. The end of the global epidemic and the effectiveness of the response policies of countries around the world directly determine the recovery time and recovery efforts of various manufacturing industries.
Affected by COVID-19, the process of economic digitization is accelerating, especially in the "smart" manufacturing industry. Labor-intensive industries and enterprises will be more affected by this epidemic. The future manufacturing industry is also facing a big change. Automation and intelligence will undoubtedly greatly reduce the dependence on manpower, and can better resume production and work in the event of an epidemic. Therefore, intelligence will become the future trend of the industry.
Strength
An increase in the number of internet users is one of the major drivers for the market. Majority of the people use internet services on desktops, laptops, and tablets. According to Our World in Data publication, the global number of internet users increased from 413 million in 2000 to more than 3.4 billion in 2016. Furthermore, as per the study conducted by the American Community Survey (ACS), in 2016, around 89% of the households in the U.S. had a computer as compared to 79% in 2015. These numbers are projected to rise owing to the rising disposable income and technological advancements, thereby resulting in market growth. The rising usage of computer accessories for gaming is also anticipated to fuel LCD monitor arm market growth. This has enabled manufacturers to enhance their product offerings and address the varied demands of consumers.
Weakness
The LCD monitor arm market is characterized by price competition. This in turn can result in reduced demand for LCD monitor arm, which in turn can intensify price competition in LCD monitor arm industry. This price competition could impact manufacturers' ability to implement price increases or, in some cases, such as during an industry downturn, maintain prices. In addition, when market conditions warrant, suppliers may need to reduce prices to build or maintain their market share. If suppliers are unable to increase or maintain prices for products, their profit margins could decline. Such decline will be compounded to the extent that suppliers are unable to maintain or reduce the cost of products, which may be especially difficult in the current environment given the volatility of the commodities markets.
Region Overview:
In global comparison, a significant portion of the revenue was generated in North America (31.05% in 2021).
Company Overview:
Humanscale
Humanscale Corporation provides ergonomic products for the corporate, healthcare, and hospitality industry. The Company offers seating, keyboard systems, monitor arms, foot rests, healthpoint technology cabinets, and other related products.
Loctek
Loctek is a listed company in China, and a top manufacturer of ergonomic solution products which comprise sit stand height adjustable desk, sit stand workstation, TV& monitor arm, desk bike and more. Loctek owns three major manufacturing bases, in Binhai Ningbo, Jiangshan Ningbo, and Ho Chi Minh City in Vietnam.
Segmentation Overview:
Among different product types, Single LCD Monitor Arm segment is anticipated to contribute the largest market share in 2027.
In terms of type, the LCD monitor arm market can be segmented into Single LCD Monitor Arm, Double LCD Monitor Arm, and Multi-LCD Monitor Arm. The LCD monitor arm is classified into three kinds such as single arm, double arm, and multi-arm. Corporate offices prefer single and dual arms at workstations mostly. Single arm is preferred at workstations in various commercial and government spaces whereas multiple arms are used in private and government firms to enhance employee productivity.
Application Overview:
By application, the Enterprise Office segment occupied the biggest share from 2017 to 2022.
The LCD Monitor Arm market report covers sufficient and comprehensive data on market introduction, segmentations, status and trends, opportunities and challenges, industry chain, competitive analysis, company profiles, and trade statistics, etc. It provides in-depth and all-scale analysis of each segment of types, applications, players, 5 major regions and sub-division of major countries, and sometimes end user, channel, technology, as well as other information individually tailored before order confirmation.
Meticulous research and analysis were conducted during the preparation process of the report. The qualitative and quantitative data were gained and verified through primary and secondary sources, which include but not limited to Magazines, Press Releases, Paid Databases, Maia Data Center, National Customs, Annual Reports, Public Databases, Expert interviews, etc. Besides, primary sources include extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs, and marketing executives, downstream distributors, as well as end-clients.
In this report, the historical period starts from 2018 to 2022, and the forecast period ranges from 2023 to 2028. The facts and data are demonstrated by tables, graphs, pie charts, and other pictorial representations, which enhances the effective visual representation and decision-making capabilities for business strategy.
Key Companies in the global LCD Monitor Arm market covered in Chapter 4:
NorthBayou
MODERNSOLID
Loctek
Innovation Design Works
Diwei
Greatsolid
Ergotron
Highgrade Tech. Co., Ltd.
Colebrook Bosson Saunders (CBS)
Vision Mounts
Atdec
Humanscale
In Chapter 12 and Chapter 14.1, on the basis of types, the LCD Monitor Arm market from 2018 to 2028 is primarily split into:
Single LCD Monitor Arm
Double LCD Monitor Arm
Multi-LCD Monitor Arm
In Chapter 13 and Chapter 14.2, on the basis of the Downstream Industry, the LCD Monitor Arm market from 2018 to 2028 covers:
Healthcare
Education
Consumer
Enterprise Office
Industrial
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, history and forecast (2018-2028) of the following regions are covered in Chapters 6, 7, 8, 9, 10, 11, 15:
North America (United States, Canada, Mexico)
Europe (Germany, United Kingdom, France, Italy, Spain)
Asia Pacific (China, Japan, South Korea, India, Southeast Asia)
South America (Brazil, Argentina)
Middle East & Africa (Saudi Arabia, UAE, South Africa)
Outline:
Chapter 1 begins with the LCD Monitor Arm market scope and definition, product segment introduction, global overall market size, as well as market dynamics scenarios such as opportunities, challenges, and industry development trends under inflation. It offers a high-level view of the current state of the LCD Monitor Arm market and its likely evolution in the short to mid-term and long term.
Chapter 2 provides LCD Monitor Arm industry chain analysis, covering raw materials analysis, cost structure, price estimate, and forecast, along with price-impacting factors, downstream channels, and major customers. It aims to help readers to grab insights into product upstream, midstream, and downstream fields.
Chapter 3 depicts LCD Monitor Arm industry competitive analysis regarding market concentration rate, saturation rate, feasibility analysis from new entrants, as well as substitute's status and trends. It indicates the developing space and prospects of the current industry.
Chapter 4 analyzes extensive company profiles, comprising company basic info, product or service profiles, and sales, price, value, gross, and gross margin 2018-2023. It incorporates the LCD Monitor Arm market ranking, benchmarks, and company business portfolio.
Chapter 5 presents trade statistics of import and export volume from 2018-2023, demonstrating domestic and international market comparisons in specific countries.
Chapters 6-10 highlight LCD Monitor Arm market status at the regional and country levels, including 5 major regions of North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America. The region and country list in the sample is only for reference, and it can be adjusted as required.
Chapter 11 involves geographical market figures of sales, value, market share, and growth rate. Economic, social, environmental, technological, and political factors have been taken into consideration while assessing the growth of each specific region.
Chapters 12-13 evaluate the LCD Monitor Arm market based on different types and applications. It focuses on sales and value of 2018-2023 from both vertical and horizontal perspectives.
Chapters 14-15 elaborate on the LCD Monitor Arm market forecast data from 2023-2028, segmented by types and applications, regions, and major countries, helping readers to know future aspects and growth trends.
Chapter 16 ends with an elaboration of data sources and research methodology. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
2022
LCD Monitor Arm is a device used to attach to a computer screen or TV. It is easily adjustable which means it requires minimum effort but can achieve maximum precision. From the structure of LCD Monitor Arms, it can be classified into three kinds, Single Arm, Double Arm and Muti-Arm. From the material, it can be divided into Carbon steel LCD Arms and Aluminum LCD Arms.
The global spread of the COVID-19 epidemic has brought an unprecedented severe test to the development of the global economy, and the global economy is facing greater downward pressure. The impact of the epidemic on the economy has led to the stagnation or slowdown of economic activities in many countries, the global demand has decreased, trade and investment have declined significantly, and the global industrial chain has been affected.
The new coronavirus pneumonia has profoundly affected many aspects of global socio-economic. For the manufacturing industry, the production and sales of products will be greatly affected in the short term. The direct impact on manufacturing is mainly reflected in the shortage of labor and raw materials. The end of the global epidemic and the effectiveness of the response policies of countries around the world directly determine the recovery time and recovery efforts of various manufacturing industries.
Affected by COVID-19, the process of economic digitization is accelerating, especially in the "smart" manufacturing industry. Labor-intensive industries and enterprises will be more affected by this epidemic. The future manufacturing industry is also facing a big change. Automation and intelligence will undoubtedly greatly reduce the dependence on manpower, and can better resume production and work in the event of an epidemic. Therefore, intelligence will become the future trend of the industry.
Strength
An increase in the number of internet users is one of the major drivers for the market. Majority of the people use internet services on desktops, laptops, and tablets. According to Our World in Data publication, the global number of internet users increased from 413 million in 2000 to more than 3.4 billion in 2016. Furthermore, as per the study conducted by the American Community Survey (ACS), in 2016, around 89% of the households in the U.S. had a computer as compared to 79% in 2015. These numbers are projected to rise owing to the rising disposable income and technological advancements, thereby resulting in market growth. The rising usage of computer accessories for gaming is also anticipated to fuel LCD monitor arm market growth. This has enabled manufacturers to enhance their product offerings and address the varied demands of consumers.
Weakness
The LCD monitor arm market is characterized by price competition. This in turn can result in reduced demand for LCD monitor arm, which in turn can intensify price competition in LCD monitor arm industry. This price competition could impact manufacturers' ability to implement price increases or, in some cases, such as during an industry downturn, maintain prices. In addition, when market conditions warrant, suppliers may need to reduce prices to build or maintain their market share. If suppliers are unable to increase or maintain prices for products, their profit margins could decline. Such decline will be compounded to the extent that suppliers are unable to maintain or reduce the cost of products, which may be especially difficult in the current environment given the volatility of the commodities markets.
Region Overview:
In global comparison, a significant portion of the revenue was generated in North America (31.05% in 2021).
Company Overview:
Humanscale
Humanscale Corporation provides ergonomic products for the corporate, healthcare, and hospitality industry. The Company offers seating, keyboard systems, monitor arms, foot rests, healthpoint technology cabinets, and other related products.
Loctek
Loctek is a listed company in China, and a top manufacturer of ergonomic solution products which comprise sit stand height adjustable desk, sit stand workstation, TV& monitor arm, desk bike and more. Loctek owns three major manufacturing bases, in Binhai Ningbo, Jiangshan Ningbo, and Ho Chi Minh City in Vietnam.
Segmentation Overview:
Among different product types, Single LCD Monitor Arm segment is anticipated to contribute the largest market share in 2027.
In terms of type, the LCD monitor arm market can be segmented into Single LCD Monitor Arm, Double LCD Monitor Arm, and Multi-LCD Monitor Arm. The LCD monitor arm is classified into three kinds such as single arm, double arm, and multi-arm. Corporate offices prefer single and dual arms at workstations mostly. Single arm is preferred at workstations in various commercial and government spaces whereas multiple arms are used in private and government firms to enhance employee productivity.
Application Overview:
By application, the Enterprise Office segment occupied the biggest share from 2017 to 2022.
The LCD Monitor Arm market report covers sufficient and comprehensive data on market introduction, segmentations, status and trends, opportunities and challenges, industry chain, competitive analysis, company profiles, and trade statistics, etc. It provides in-depth and all-scale analysis of each segment of types, applications, players, 5 major regions and sub-division of major countries, and sometimes end user, channel, technology, as well as other information individually tailored before order confirmation.
Meticulous research and analysis were conducted during the preparation process of the report. The qualitative and quantitative data were gained and verified through primary and secondary sources, which include but not limited to Magazines, Press Releases, Paid Databases, Maia Data Center, National Customs, Annual Reports, Public Databases, Expert interviews, etc. Besides, primary sources include extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs, and marketing executives, downstream distributors, as well as end-clients.
In this report, the historical period starts from 2018 to 2022, and the forecast period ranges from 2023 to 2028. The facts and data are demonstrated by tables, graphs, pie charts, and other pictorial representations, which enhances the effective visual representation and decision-making capabilities for business strategy.
Key Companies in the global LCD Monitor Arm market covered in Chapter 4:
NorthBayou
MODERNSOLID
Loctek
Innovation Design Works
Diwei
Greatsolid
Ergotron
Highgrade Tech. Co., Ltd.
Colebrook Bosson Saunders (CBS)
Vision Mounts
Atdec
Humanscale
In Chapter 12 and Chapter 14.1, on the basis of types, the LCD Monitor Arm market from 2018 to 2028 is primarily split into:
Single LCD Monitor Arm
Double LCD Monitor Arm
Multi-LCD Monitor Arm
In Chapter 13 and Chapter 14.2, on the basis of the Downstream Industry, the LCD Monitor Arm market from 2018 to 2028 covers:
Healthcare
Education
Consumer
Enterprise Office
Industrial
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, history and forecast (2018-2028) of the following regions are covered in Chapters 6, 7, 8, 9, 10, 11, 15:
North America (United States, Canada, Mexico)
Europe (Germany, United Kingdom, France, Italy, Spain)
Asia Pacific (China, Japan, South Korea, India, Southeast Asia)
South America (Brazil, Argentina)
Middle East & Africa (Saudi Arabia, UAE, South Africa)
Outline:
Chapter 1 begins with the LCD Monitor Arm market scope and definition, product segment introduction, global overall market size, as well as market dynamics scenarios such as opportunities, challenges, and industry development trends under inflation. It offers a high-level view of the current state of the LCD Monitor Arm market and its likely evolution in the short to mid-term and long term.
Chapter 2 provides LCD Monitor Arm industry chain analysis, covering raw materials analysis, cost structure, price estimate, and forecast, along with price-impacting factors, downstream channels, and major customers. It aims to help readers to grab insights into product upstream, midstream, and downstream fields.
Chapter 3 depicts LCD Monitor Arm industry competitive analysis regarding market concentration rate, saturation rate, feasibility analysis from new entrants, as well as substitute's status and trends. It indicates the developing space and prospects of the current industry.
Chapter 4 analyzes extensive company profiles, comprising company basic info, product or service profiles, and sales, price, value, gross, and gross margin 2018-2023. It incorporates the LCD Monitor Arm market ranking, benchmarks, and company business portfolio.
Chapter 5 presents trade statistics of import and export volume from 2018-2023, demonstrating domestic and international market comparisons in specific countries.
Chapters 6-10 highlight LCD Monitor Arm market status at the regional and country levels, including 5 major regions of North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America. The region and country list in the sample is only for reference, and it can be adjusted as required.
Chapter 11 involves geographical market figures of sales, value, market share, and growth rate. Economic, social, environmental, technological, and political factors have been taken into consideration while assessing the growth of each specific region.
Chapters 12-13 evaluate the LCD Monitor Arm market based on different types and applications. It focuses on sales and value of 2018-2023 from both vertical and horizontal perspectives.
Chapters 14-15 elaborate on the LCD Monitor Arm market forecast data from 2023-2028, segmented by types and applications, regions, and major countries, helping readers to know future aspects and growth trends.
Chapter 16 ends with an elaboration of data sources and research methodology. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Years considered for this report:
Historical Years:
2018-2022Base Year:
2022Estimated Year:
2023Forecast Period:
2023-2028Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
