| Product Code: ETC5367080 | Publication Date: Nov 2023 | Updated Date: Jan 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Armenia import trend for electric tapping machines exhibited a notable growth rate of 13.91% from 2023 to 2024, with a compound annual growth rate (CAGR) of 19.53% from 2020 to 2024. This surge in imports can be attributed to the increasing industrialization and modernization efforts in Armenia, reflecting a growing demand for advanced machinery to enhance manufacturing capabilities in the country.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Armenia Electric tapping Machine Market Overview |
3.1 Armenia Country Macro Economic Indicators |
3.2 Armenia Electric tapping Machine Market Revenues & Volume, 2021 & 2031F |
3.3 Armenia Electric tapping Machine Market - Industry Life Cycle |
3.4 Armenia Electric tapping Machine Market - Porter's Five Forces |
3.5 Armenia Electric tapping Machine Market Revenues & Volume Share Segmentations, 2021 & 2031F |
3.6 Armenia Electric tapping Machine Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 Armenia Electric tapping Machine Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Armenia Electric tapping Machine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for precision in manufacturing processes |
4.2.2 Growth in the automotive and aerospace industries in Armenia |
4.2.3 Technological advancements leading to more efficient and automated tapping machines |
4.3 Market Restraints |
4.3.1 High initial investment cost for electric tapping machines |
4.3.2 Limited awareness and adoption of electric tapping machines in some industries in Armenia |
4.3.3 Challenges related to skilled labor for operating and maintaining electric tapping machines |
5 Armenia Electric tapping Machine Market Trends |
6 Armenia Electric tapping Machine Market Segmentations |
6.1 Armenia Electric tapping Machine Market Segmentations |
6.1.1 Overview and Analysis |
6.1.2 Armenia Electric tapping Machine Market Revenues & Volume, By Fully Automatic, 2021-2031F |
6.1.3 Armenia Electric tapping Machine Market Revenues & Volume, By Semi-Automatic, 2021-2031F |
6.2 Armenia Electric tapping Machine Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Armenia Electric tapping Machine Market Revenues & Volume, By Hydraulic, 2021-2031F |
6.2.3 Armenia Electric tapping Machine Market Revenues & Volume, By Pneumatic, 2021-2031F |
6.2.4 Armenia Electric tapping Machine Market Revenues & Volume, By Magnetic, 2021-2031F |
6.3 Armenia Electric tapping Machine Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Armenia Electric tapping Machine Market Revenues & Volume, By Automotive Parts, 2021-2031F |
6.3.3 Armenia Electric tapping Machine Market Revenues & Volume, By Rolling Mill, 2021-2031F |
6.3.4 Armenia Electric tapping Machine Market Revenues & Volume, By Power Press, 2021-2031F |
6.3.5 Armenia Electric tapping Machine Market Revenues & Volume, By Paper Mill, 2021-2031F |
6.3.6 Armenia Electric tapping Machine Market Revenues & Volume, By Steel Plants, 2021-2031F |
6.3.7 Armenia Electric tapping Machine Market Revenues & Volume, By Extrusion, 2021-2031F |
7 Armenia Electric tapping Machine Market Import-Export Trade Statistics |
7.1 Armenia Electric tapping Machine Market Export to Major Countries |
7.2 Armenia Electric tapping Machine Market Imports from Major Countries |
8 Armenia Electric tapping Machine Market Key Performance Indicators |
8.1 Percentage increase in the adoption of automated tapping machines in manufacturing facilities |
8.2 Number of new product launches in the electric tapping machine market |
8.3 Efficiency improvement percentage in tapping processes using electric tapping machines |
8.4 Percentage increase in the number of training programs for electric tapping machine operators |
8.5 Reduction in maintenance costs of electric tapping machines over time |
9 Armenia Electric tapping Machine Market - Opportunity Assessment |
9.1 Armenia Electric tapping Machine Market Opportunity Assessment Segmentations, 2021 & 2031F |
9.2 Armenia Electric tapping Machine Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 Armenia Electric tapping Machine Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Armenia Electric tapping Machine Market - Competitive Landscape |
10.1 Armenia Electric tapping Machine Market Revenue Share, By Companies, 2024 |
10.2 Armenia Electric tapping Machine Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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