Market Overview:
The Global Translation Stages Market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for translation stages in life science and experimental research applications. North America is expected to lead the market during the forecast period, followed by Europe and Asia Pacific.
Product Definition:
Translation stages are a way to break down the translation process into manageable chunks. They can be used by translators, students, and teachers to help plan and organize their work. Translation stages are important because they allow translators to focus on one task at a time and make sure that each step is done correctly.
Manual Translation Stages:
Manual translation stages are also known as human translators or language service providers. These companies have a pool of native speakers who can translate English, French, German and other languages into another language. The process is cost-effective and time-saving as the number of native speakers available for hire is huge compared to the number of automated translators in the market.
Motorized Translation Stages:
The motorized translation stages are used to translate the source language into target language. The process is done by using a set of rules which are pre-loaded in the software or hardware. These rules are then applied automatically without any intervention from human beings.
There can be different types of rule sets for different languages such as English to French, Spanish to French, German to French and so on and so forth.
Application Insights:
The life science segment accounted for the largest revenue share in 2017 and is expected to continue its dominance over the forecast period. This can be attributed to increasing demand for medical translation services across the globe. The experimental research segment is also projected to witness considerable growth during the same period owing to rising need for technical translation services in this field. Other applications include engineering, financial, legal and others which are growing at a significant rate due to increased globalization efforts over the years.
The automotive sector emerged as one of the major application areas in 2017 with a revenue share of around 15%. Increasing production levels of electric vehicles (EV) and hybrid vehicles (HV) are resulting in rising demand for automotive-related translations such as technical manuals, service manuals etcetera throughout various stages of product lifecycle including manufacturing & R&D centers, showrooms and even after sales service stations globally.
Regional Analysis:
The European market held the largest share in 2017 owing to the presence of major players such as AITec, Babco International, and Tele Atlas. The companies are focusing on increasing their customer base by providing efficient services at competitive prices. Moreover, translation services are provided through online platforms which has led to an increase in demand for these services across this region.
Asia Pacific is expected to be the fastest-growing regional market over the forecast period due to emerging economies such as China and India offering lucrative opportunities for industry expansion. Furthermore, growing medical tourism coupled with a large number of patients from developing countries will boost demand across this region during forecast years 2018-2030 timeframe.
China offers numerous opportunities for industry expansion due to its low labor cost along with high demand from local service providers looking forward towards gaining higher profits by charging lower rates than their competitors operating out of developed economies such as U.S., Germany or UK etc.
Growth Factors:
- Increasing demand for translation services from the business sector
- Rapid growth of the global economy
- Rising number of multilingual people and businesses
- Proliferation of communication channels and technologies
- Growing importance of localization in global markets
Scope Of The Report
Report Attributes
Report Details
Report Title
Translation Stages Market Research Report
By Type
Manual Translation Stages, Motorized Translation Stages
By Application
Life Science, Experimental Research, Others
By Companies
Newport, Thorlabs, Standa, Edmund Optics, Holmarc Opto-Mechatronics (P) Ltd., EKSMA Optics, PI, SK-Advanced, opto4u, Nanosurf AG, Optics Focus, Aerotech Inc., Newmark Systems Inc, Xeryon, SmarAct, ASI
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
209
Number of Tables & Figures
147
Customization Available
Yes, the report can be customized as per your need.
Global Translation Stages Market Report Segments:
The global Translation Stages market is segmented on the basis of:
Types
Manual Translation Stages, Motorized Translation Stages
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Life Science, Experimental Research, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Newport
- Thorlabs
- Standa
- Edmund Optics
- Holmarc Opto-Mechatronics (P) Ltd.
- EKSMA Optics
- PI
- SK-Advanced
- opto4u
- Nanosurf AG
- Optics Focus
- Aerotech Inc.
- Newmark Systems Inc
- Xeryon
- SmarAct
- ASI
Highlights of The Translation Stages Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Manual Translation Stages
- Motorized Translation Stages
- By Application:
- Life Science
- Experimental Research
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Translation Stages Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Translation stages are a model for translating texts from one language to another. The model is based on the assumption that translation always involves three stages: pre-translation, translation, and post-translation.
Some of the major players in the translation stages market are Newport, Thorlabs, Standa, Edmund Optics, Holmarc Opto-Mechatronics (P) Ltd., EKSMA Optics, PI, SK-Advanced, opto4u, Nanosurf AG, Optics Focus, Aerotech Inc., Newmark Systems Inc, Xeryon, SmarAct, ASI.
The translation stages market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Translation Stages Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Translation Stages Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Translation Stages Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Translation Stages Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Translation Stages Market Size & Forecast, 2020-2028 4.5.1 Translation Stages Market Size and Y-o-Y Growth 4.5.2 Translation Stages Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Manual Translation Stages
5.2.2 Motorized Translation Stages
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Life Science
6.2.2 Experimental Research
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Translation Stages Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Translation Stages Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Manual Translation Stages
9.6.2 Motorized Translation Stages
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Life Science
9.10.2 Experimental Research
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Manual Translation Stages
10.6.2 Motorized Translation Stages
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Life Science
10.10.2 Experimental Research
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Manual Translation Stages
11.6.2 Motorized Translation Stages
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Life Science
11.10.2 Experimental Research
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Manual Translation Stages
12.6.2 Motorized Translation Stages
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Life Science
12.10.2 Experimental Research
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Manual Translation Stages
13.6.2 Motorized Translation Stages
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Life Science
13.10.2 Experimental Research
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Translation Stages Market: Competitive Dashboard
14.2 Global Translation Stages Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Newport
14.3.2 Thorlabs
14.3.3 Standa
14.3.4 Edmund Optics
14.3.5 Holmarc Opto-Mechatronics (P) Ltd.
14.3.6 EKSMA Optics
14.3.7 PI
14.3.8 SK-Advanced
14.3.9 opto4u
14.3.10 Nanosurf AG
14.3.11 Optics Focus
14.3.12 Aerotech Inc.
14.3.13 Newmark Systems Inc
14.3.14 Xeryon
14.3.15 SmarAct
14.3.16 ASI