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US Workbench/Workstation Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Type, Material, and End User

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    Report

  • April 2021
  • Region: United States
  • The Insight Partners
  • ID: 5331707
UP TO OFF until Jun 30th 2024
The US workbench/workstation market was valued at US$ 5,946.08 million in 2020 and is projected to reach US$ 10,509.34 million by 2028; it is expected to grow at a CAGR of 8.8% from 2021 to 2028.

Workbench/workstation is a sturdy table system used to work and improve work efficiency. These types of workbenches are available in a wide range, from simple flat surfaces to a complex design with multipurpose functionality. Workstations and workbenches are significantly used across diverse application bases, such as general-purpose woodworking, electronic industrial set-up, laboratory purposes, industrial, art and sculpture, and jewelry and watchmaking. Product innovations and technological advancements in the workbenches/workstations industry are providing lucrative growth opportunity for the US workbench/workstation market. Through effective research and development activities to understand consumer preference, along with rise in investments by emerging and innovative players, paradigm shift have been observed in the technology associated with workstations and workbenches.

Based on end user, the US workbench/workstation market is segmented into residential, institutional, and industrial. The residential segment held the largest share of the market in 2020. In residential segment, the workstation is mostly used as a computer desk or office desk where the user can work. The computer desk and related ergonomic desk, which is used in the residential sector, is a furniture piece. These furniture pieces are designed to provide a comfortable and aesthetical working surface in the household or conceal office equipment such as computers, and peripherals and cabling for office and home-office users. The single seater workbenches can be used in the residential sector along with the height adjustable workbenches/workstation, which can provide a comfortable environment for the user to work.

The US workbenches and workstations market is affected by the sudden deterrent conditions prevailing due to lockdown across the US and shutdown of manufacturing and trading capabilities. However, as the economies started to revive their operations, an increase in the demand for such workstation and workbenches is observed in the country owing to shift in work structure. The COVID-19 pandemic transformed the industry requirements and have accelerated the focus toward home office set-up. As the industries are adopting a flexible work structure, workers need specific workstation set-up at home to meet their ergonomic requirements and comfortability. This have spurred the demand for workstation/workbenches. Additionally, amid lockdown, customers have shifted their focus toward online purchase due to rising health and safety concerns along with better online experiences and speedy delivery. Therefore, e-commerce channels witnessed more sales of home furniture than conventional furniture stores. The rising preference toward the use of such workstation and workbenches in diversified application bases facilities along with significant investment by prominent manufacturers during COVID-19 pandemic, would promote the growth of the US workbenches/workstations market post pandemic.

RDM Industrial Products, Inc.; BenchPro; OnePointe Solutions; Steel Sentry, Inc.; Formaspace; Treston Limited; Workstation Industries; BostonTec; Herman Miller, Inc.; and IAC Industries, Inc. are among the major players operating in the US workbench/workstation market.

The overall US workbench/workstation market size has been derived in accordance with to both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic. The participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the US workbench/workstation market.

Reasons to Buy

  • Highlights key business priorities to assist companies realign their business strategies.
  • Features key findings and crucial progressive industry trends in the US Workbenches/Workstations market, thereby allowing players to develop effective long-term strategies.
  • Develops/modifies business expansion plans by using substantial growth offering from developed and emerging markets.
  • Scrutinizes in-depth market trends as well as key market drivers and restraints.
  • Enhances the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation, and industry verticals.

Table of Contents

1. Introduction
1.1 Study Scope
1.2 Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis Formulation:
3.2.4 Macro-Economic Factor Analysis:
3.2.5 Developing Base Number:
3.2.6 Data Triangulation:
3.2.7 Country Level Data:
3.2.8 Limitations & Assumptions
4. US Workbenches/Workstations Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 US
4.3 Expert Opinion
5. Workbenches/Workstations Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Diverse Applications of Workstations/Workbenches
5.1.2 Rise in Demand for Home Office
5.2 Market Restraint
5.2.1 Longer Replacement Cycles and High Cost Associated with Workbenches/Workstations
5.3 Market Opportunities
5.3.1 Innovations and Technological Developments in Workbenches/Workstations
5.4 Future Trends
5.4.1 Evolving Concepts of Workstations and Adoption of Environment-Friendly Workbenches/Workstation Material
5.5 Impact Analysis of Drivers and Restraints
6. Workbenches/Workstations - US Market Analysis
6.1 Workbenches/Workstations Market Overview
6.2 Workbenches/Workstations Market - Revenue and Forecast to 2028 (US$ Million)
6.3 Market Positioning - US Market Players
7. Workbenches/Workstations Market Analysis - By Type
7.1 Overview
7.2 US Workbenches/Workstation Market Breakdown, By Type, 2020 & 2028
7.3 Linear Workstation
7.3.1 Overview
7.3.2 Linear Workstation: Workbenches/Workstation Market - Revenue, and Forecast to 2028 (US$ Million)
7.4 Cluster Workstation
7.4.1 Overview
7.4.2 Cluster Workstation: Workbenches/Workstation Market - Revenue, and Forecast to 2028 (US$ Million)
7.5 Single Seater Workstation
7.5.1 Overview
7.5.2 Single Seater Workstation: Workbenches/Workstation Market - Revenue, and Forecast to 2028 (US$ Million)
7.6 Screen System Workstation
7.6.1 Overview
7.6.2 Screen System Workstation: Workbenches/Workstation Market - Revenue, and Forecast to 2028 (US$ Million)
7.7 Others
7.7.1 Overview
7.7.2 Others: Workbenches/workstation Market - Revenue, and Forecast to 2028 (US$ Million)
8. US Workbenches/Workstations Market Analysis - By Material
8.1 Overview
8.2 US Workbenches/Workstations Market Breakdown, By Material, 2020 & 2028
8.3 Metal
8.3.1 Overview
8.3.2 Metal: Workbenches/Workstation Market - Revenue, and Forecast to 2028 (US$ Million)
8.4 Wood
8.4.1 Overview
8.4.2 Wood: Workbenches/Workstation Market - Revenue, and Forecast to 2028 (US$ Million)
8.5 Others
8.5.1 Overview
8.5.2 Others: Workbenches/Workstation Market - Revenue, and Forecast to 2028 (US$ Million)
9. US Workbenches/Workstation Market Analysis - By End User
9.1 Overview
9.2 US Workbenches/Workstation Market Breakdown, By End User, 2020 & 2028
9.3 Residential
9.3.1 Overview
9.3.2 Residential: Workbenches/Workstation Market - Revenue, and Forecast to 2028 (US$ Million)
9.4 Industrial
9.4.1 Overview
9.4.2 Industrial: Workbenches/Workstation Market - Revenue, and Forecast to 2028 (US$ Million)
9.5 Institutional
9.5.1 Overview
9.5.2 Institutional: Workbenches/Workstation Market - Revenue, and Forecast to 2028 (US$ Million)
10. Overview - Impact of COVID-19
10.1 Overview: Impact Assessment of COVID-19 Pandemic
10.2 Impact of COVID-19 on US Workbenches/Workstations Market
10.3 United States: Impact Assessment of COVID-19 Pandemic
11. Key Company Profiles
11.1 RDM Industrial Products, Inc.
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Service
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.2 BenchPro
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.3 OnePointe Solutions
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.4 Steel Sentry, Inc.
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.5 Formaspace
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.6 Treston Ltd.
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.7 Workstation Industries
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.8 BostonTec
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.9 Herman Miller, Inc.
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products and Services
11.9.4 Financial Overview
11.9.5 SWOT Analysis
11.10 IAC Industries, Inc
11.10.1 Key Facts
11.10.2 Business Description
11.10.3 Products and Services
11.10.4 Financial Overview
11.10.5 SWOT Analysis
12. Appendix
12.1 About the Publisher
12.2 Glossary
List of Tables
Table 1. Workbenches/Workstations Market - Revenue and Forecast to 2028 (US$ Million)
Table 2. US Workbench/Workstation Market, by Type - Revenue and Forecast to 2028 (US$ Million)
Table 3. US Workbench/Workstation Market, by Material - Revenue and Forecast to 2028 (US$ Million)
Table 4. US Workbench/Workstation Market, by End User - Revenue and Forecast to 2028 (US$ Million)
Table 5. Glossary of Terms, US Workbenches/Workstations Market
List of Figures
Figure 1. US Workbenches/Workstations Market Segmentation
Figure 2. US Workbenches/Workstations Market Overview
Figure 3. Linear Workstations Segment Held Largest Share of US Workbenches/Workstations Market
Figure 4. US Workbenches/Workstations Market, Industry Landscape
Figure 5. US: PEST Analysis
Figure 6. Workbenches/Workstations Market Impact Analysis of Driver and Restraints
Figure 7. Country Overview of Workbenches/Workstations Market
Figure 8. US: Workbenches/Workstations Market - Revenue and Forecast to 2028 (US$ Million)
Figure 9. US Workbenches/Workstations Market Breakdown, By Type, 2020 & 2028
Figure 10. Linear Workstation: Workbenches/Workstation Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 11. Cluster Workstation: Workbenches/Workstation Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 12. Single Seater Workstation: Workbenches/Workstation Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 13. Screen System Workstation: Workbenches/Workstation Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 14. Others: Workbenches/workstation Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 15. Workbenches/Workstations Market Breakdown, By Material, 2020 & 2028 (%)
Figure 16. Metal: Workbenches/Workstation Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 17. Wood: Workbenches/workstation Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 18. Others: Workbenches/workstation Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 19. Workbenches/Workstation Market Breakdown, By End User, 2020 & 2028 (%)
Figure 20. Residential: Workbenches/Workstation Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 21. Industrial: Workbenches/Workstation Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 22. Institutional: Workbenches/Workstation Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 23. Impact of COVID-19 Pandemic in US

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • RDM Industrial Products, Inc.
  • BenchPro
  • OnePointe Solutions
  • Steel Sentry, Inc.
  • Formaspace
  • Treston Ltd.
  • Workstation Industries
  • BostonTec
  • Herman Miller, Inc
  • IAC Industries, Inc