Global Static Workstation Market is valued approximately at USD XX million in 2019 and is anticipated to grow with a compounded annual growth rate of more than XX% over the forecast period 2020-2027.
Static workstation is defined as the work area which limits the electrostatic discharge and voltage with specified materials and equipment such as common ground cord, tablemat, floor mat, constant monitor, etc. This enhances the working environment whereas prevents damage to the sensitive electronic components. Rapid growth in the automotive sector and rise in industrialization are the major driving factors for the market growth. Further, the increase in demand for mobility as well as connectivity in customer electronics and testing services will accelerate the demand for Global Static Station Market. For Instance: As per IBIS World in 2018, the automotive sector has experienced a growth of 2.7% over past 5 years. Automobile sectors are looking for installation of safety systems to enhance the productivity considering the safety of the working staff.
Moreover, technological advancements in equipment and rise in the investment for research and development (R&D) activities create new opportunities for the market growth. Tremendous rise has been observed in the usage of electronic gadgets over the years which include mobile phones, electric vehicles, industrial machines, etc. For Instance: EV (Electric Vehicle) sales grew to more than two million units globally in 2018: an increase of 63 percent on a year-on-year basis, and a rate slightly higher than in previous years. This leads to enhancement in production activities considering the safety measures and motivating the market growth.
However, higher installation cost is the major restraining factor which impedes the growth of the market over the forecast period of 2020-2027.
The regional analysis of global Static Workstation market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia Pacific is the leading/significant region across the world due to increasing industrialization. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as rise in usage of electronic gadgets and enhance safety measures in industries would create lucrative growth prospects for the Static Workstation market across Asia-Pacific region.
Major market player included in this report are:
Envair Electrodyne Limited (India)
North Central Instruments Inc. (US)
PB Statclean Solutions Pvt. Ltd. (India)
Kinetic Polymers (India)
Bosch Rexroth AG (Germany)
Apzem India Engineering (India)
AntiStatic ESD Solutions bvba (Belgium)
AADI International (India)
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027
Target Audience of the Global Static Workstation Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers