| Product Code: ETC5180880 | Publication Date: Nov 2023 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Armenia import trend for drilling and tapping machines in 2024 experienced a decline with a growth rate of -18.46% compared to the previous year. The compound annual growth rate (CAGR) from 2020 to 2024 stood at -2.44%. This negative import momentum could be attributed to shifting demand patterns or changes in market dynamics impacting the country`s trade activities.

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 Drilling and Tapping Machine Market Overview |
3.1 Armenia Country Macro Economic Indicators |
3.2 Armenia Drilling and Tapping Machine Market Revenues & Volume, 2022 & 2032F |
3.3 Armenia Drilling and Tapping Machine Market - Industry Life Cycle |
3.4 Armenia Drilling and Tapping Machine Market - Porter's Five Forces |
3.5 Armenia Drilling and Tapping Machine Market Revenues & Volume Share, By Type, 2022 & 2032F |
3.6 Armenia Drilling and Tapping Machine Market Revenues & Volume Share, By Application, 2022 & 2032F |
4 Armenia Drilling and Tapping Machine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for precision engineering in industries such as automotive, aerospace, and electronics |
4.2.2 Technological advancements leading to the development of high-performance drilling and tapping machines |
4.2.3 Government initiatives to promote manufacturing and industrial growth in Armenia |
4.3 Market Restraints |
4.3.1 High initial investment cost associated with purchasing drilling and tapping machines |
4.3.2 Limited availability of skilled technicians for operating and maintaining these machines |
4.3.3 Fluctuating raw material prices impacting the overall cost of production |
5 Armenia Drilling and Tapping Machine Market Trends |
6 Armenia Drilling and Tapping Machine Market Segmentations |
6.1 Armenia Drilling and Tapping Machine Market, By Type |
6.1.1 Overview and Analysis | 6.1.3 Armenia Drilling and Tapping Machine Market Revenues & Volume, By Portable Dose Rate Monitor, 2022-2032F |
6.1.3 Armenia Drilling and Tapping Machine Market Revenues & Volume, By Handheld Dose Rate Monitor, 2022-2032F |
6.2 Armenia Drilling and Tapping Machine Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Armenia Drilling and Tapping Machine Market Revenues & Volume, By Radiation Monitoring, 2022-2032F |
6.2.3 Armenia Drilling and Tapping Machine Market Revenues & Volume, By Radiation Clean-up, 2022-2032F |
6.2.4 Armenia Drilling and Tapping Machine Market Revenues & Volume, By NuclearMedicine, 2022-2032F |
6.2.5 Armenia Drilling and Tapping Machine Market Revenues & Volume, By Non Destructive Testing, 2022-2032F |
7 Armenia Drilling and Tapping Machine Market Import-Export Trade Statistics |
7.1 Armenia Drilling and Tapping Machine Market Export to Major Countries |
7.2 Armenia Drilling and Tapping Machine Market Imports from Major Countries |
8 Armenia Drilling and Tapping Machine Market Key Performance Indicators |
8.1 Percentage increase in the adoption of automated drilling and tapping machines |
8.2 Average machine uptime and maintenance efficiency |
8.3 Rate of new product development and innovation in the drilling and tapping machine market |
9 Armenia Drilling and Tapping Machine Market - Opportunity Assessment |
9.1 Armenia Drilling and Tapping Machine Market Opportunity Assessment, By Type, 2022 & 2032F |
9.2 Armenia Drilling and Tapping Machine Market Opportunity Assessment, By Application, 2022 & 2032F |
10 Armenia Drilling and Tapping Machine Market - Competitive Landscape |
10.1 Armenia Drilling and Tapping Machine Market Revenue Share, By Companies, 2025 |
10.2 Armenia Drilling and 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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