The report offers detailed coverage of Industrial Joysticks industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Industrial Joysticks by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
Industrial joysticks facilitate efficient operations between man and machine interfaces. In these input devices, operators use fingers, hand, or thumb to control machinery or heavy equipment from a control room or from a chair. Industrial joysticks are widely used to control machines, assembly lines, and vehicles.
One of the salient features of industrial joysticks market is the cooperation with downstream manufactures in heavy machines, assembly lines, vehicles and etc., especially for large companies in these industries.
Geographically, the consumption market is leading by Europe and United States. In terms of year 2017, Europe holds the largest market share, with about 160.35 Million USD consumption revenue, followed by United States, with about 33.51% market share in 2017. China and Japan will keep playing important role in Global market. Europe and United States will keep to be the major revenue contributor to the industrial joystick market throughout the forecast period. The rising industrial and economic development along with the growth in the number of companies planning to integrate the industrial joystick technology will drive the growth of the market.
Curtiss-Wrightand and APEMare the top two players in Industrial joysticks market, with about 12.59% and 10.98% market share separately in 2017. Other prominent vendors in industrial joysticks market include Bosch Rexroth, Spohn & Burkhardt, Kawasaki Precision Machinery, RAFI GmbH & Co. KG, Schneider Electric, Danfoss, W. Gessmann and etc. Many local and regional vendors offer high-tech, highly customized products at lesser prices than international vendors. Due to this, though new vendors are entering the market, they are finding it increasingly difficult to compete with present vendors based on quality, features, functionalities, and services. The competitive environment is likely to increase due to rise in product extensions, technological advancements, and growth in M&A activities.
The report forecast global Industrial Joysticks market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.
First, this report covers the present status and the future prospects of the global Industrial Joysticks market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
APEM
Bosch Rexroth
Curtiss-Wright
General Electric
J.R. Merritt Controls
CTI Electronics
Spohn & Burkhardt
Elobau Sensor Technology
Kawasaki Precision Machinery
RAFI GmbH & Co. KG
Eaton
Schneider Electric
EUCHNER
Danfoss
MEGATRON Elektronik
Parker Hannifin
W. Gessmann
Altheris Sensors & Controls
Sensata Technologies
P-Q Controls
Sure Grip Controls
Yueqing Omter Electronic & Technology
At the same time, we classify Industrial Joysticks according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
Market by Order Type
Electric Industrial Joysticks
Hydraulic Industrial Joysticks
Other
Market by Application
Agricultural and Forestry
Construction
Marine
Automotive
Others
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Industrial Joysticks market for the forecast period 2021 - 2025?
• What are the driving forces in the Industrial Joysticks market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Industrial Joysticks industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?