Industrial PC Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The industrial pc market size has grown strongly in recent years. It will grow from $5.57 billion in 2023 to $5.95 billion in 2024 at a compound annual growth rate (CAGR) of 6.8%. The growth in the historic period can be attributed to increase in automation and control, increased productivity, increased demand for ruggedness and durability, rise in machinery and equipment interface, demand for process optimization.
The industrial pc market size is expected to see strong growth in the next few years. It will grow to $8.04 billion in 2028 at a compound annual growth rate (CAGR) of 7.8%. The growth in the forecast period can be attributed to rising remote monitoring and maintenance, rising demand for cybersecurity, rising demand for customization and flexibility, increasing regulatory changes, increasing demand in healthcare and medical devices sector. Major trends in the forecast period include industry 4.0 integration, edge computing, fanless design, touchscreen displays, iot connectivity.
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Scope Of Industrial PC Market
The Business Research Company’s reports encompass a wide range of information, including:
- Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
- Drivers: Examination of the key factors propelling market growth.
- Trends: Identification of emerging trends and patterns shaping the market landscape.
- Key Segments: Breakdown of the market into its primary segments and their respective performance.
- Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
- Macro Economic Factors: Assessment of broader economic elements impacting the market.
Industrial PC Market Overview
Market Drivers –
The increase in usage of IoT is expected to propel the growth of the industrial PC market going forward. IoT refers to using network-connected sensors and other monitoring devices that help improve the manufacturing and quality of an organization’s products and parts. Industrial PCs contribute to the provision of a platform for running automation software for monitoring and controlling processes in real-time applications. For instance, according to Cisco, a US-based company that manufactures IoT devices, there will be a 30% increase in IoT connections in cities and a 26% increase in M2M (machine-to-machine) connections in 2020. In addition, the increase of IoT semiconductor components is estimated to have a market size of 12% by 2025 in the industries in IoT analytics. Therefore, the increase in usage of IoT is driving the growth of the industrial PC market.
The industrial pc market covered in this report is segmented –
1) By Type: Panel IPC, Rack Mount IPC, Box IPC, Embedded IPC, DIN Rail IPC, Other Types
2) By Display Type: Resistive, Capacitive, Other Display Types
3) By Storage Medium: Solid State, Rotating
4) By Sales Channel: Direct Sales, Indirect Sales
5) By End-User: Automotive, Healthcare, Chemical, Aerospace and Defense, Semiconductor and Electronics, Energy and Power, Oil and Gas, Other End Users
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Regional Insights –
North America was the largest region in the industrial PC market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the industrial pc market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Key Companies –
Major companies operating in the industrial pc market include Advantech Co. Ltd., Beckhoff Automation Pvt. Ltd., Siemens AG., IEI Integration Corporation, Kontron AG, NEXCOM International Co Ltd, Avalue Technology Inc., DFI Inc., American Portwell Technology Inc., General Electric Company., Omron Corporation, Rockwell Automation Inc., Schneider Electric SE, B&R Industrial Automation GmbH, Acnodes Corporation, Aditech ICT Pvt. Ltd., ADLINK Technology Inc., Contec Co. Ltd., Crystal Group Inc., OnLogic Inc., Protech Systems Co. Ltd., VarTech Systems Inc., Mile Marker Industries LLC, Ingersoll Rand Inc., Harken Inc., COMEUP Industries Inc., Analog Devices Inc., Intel Corporation, Mitsubishi Electric Corporation, Panasonic Corporation
Table of Contents
1. Executive Summary
2. Industrial PC Market Report Structure
3. Industrial PC Market Trends And Strategies
4. Industrial PC Market – Macro Economic Scenario
5. Industrial PC Market Size And Growth
…..
27. Industrial PC Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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