September 09, 2020
According to the research report titled ‘Global Static Workstation Market Size study, by Type (For Windows, For Unix, Others), by Application (Industrial Design, Film Production, Simulation) and Regional Forecasts 2020-2027’, available with Market Study Report, global static workstation market is expected to grow substantially during 2020-2027.
Rapid industrialization coupled with flourishing automotive sector have increased the demand for static workstations, which in turn is a prime factor driving the market growth. In fact, according to IBIS World, the automotive sector witnessed a y-o-y growth rate of 2.7% in past five years till 2018.
For those uninitiated, a static workstation is the operational area which restricts the electrostatic voltage and discharge with specific materials. This method helps in improving the safety of working environment and prevents damage to delicate electronic components.
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Increasing investments towards R&D activities and subsequent technological advancements are also stimulating the industry outlook. Rising penetration of electronic gadgets such as industrial machines, electric vehicles, and mobile phones is further augmenting the industry remuneration. As per industry analysts, worldwide sales of electric vehicles grew to 2 million units in the year 2018, which was a 63% increase as compared to the previous years.
On the contrary, high installation cost of static workstation may act as a restraining factor to the overall market growth.
As per type, the market is segmented into for Unix, for Windows and others. The application scope of worldwide static workstation market comprises of simulation, film production, and industrial design.
From the regional perspective, Asia-Pacific currently holds the largest market share and is expected to showcase similar growth trends in the forthcoming years. Swift industrialization along with rising adoption of electronic gadgets are augmenting the regional demand for static workstations. Additionally, introduction of safety measures for industrial operations is facilitating the business scenario in APAC.
The competitive landscape of global static workstation market is defined by players such as Towson, AADI International, AntiStatic ESD Solutions, Apzem India Engineering, Bosch Rexroth AG, Kinetic Polymers, PB Statclean Solutions Pvt. Ltd., North Central Instruments Inc., Treston Oy, and Envair ELectrodyne Ltd. among others.