The industrial computers market is projected to reach $9.8 billion by 2030.


Posted September 20, 2024 by Rajul123

The global industrial computers market is anticipated to hit $9.8 billion by 2030, growing at a CAGR of 9.7% from 2023 to 2030, according to Meticulous Research®.
 
Meticulous Research®, a well-established global market research firm, recently released its latest study titled "Industrial Computers Market by Type, Technology, Storage Medium, Sales Channel, End-use Industry (Process Industries, Discrete Industries), and Geography - Global Forecast to 2030." According to this comprehensive analysis, the global industrial computers market is set to grow to $9.8 billion by 2030, expanding at a compound annual growth rate (CAGR) of 9.7% from 2024 to 2030. Key drivers for this growth include the increasing adoption of smart manufacturing solutions, the rising demand for automated documentation processes across various industries, and the growing need for industrial computers in automation systems.

Download Research PDF @ https://www.meticulousresearch.com/download-sample-report/cp_id=5414

The high initial investment required for industrial computers could pose challenges for market growth. However, the demand for upgrading cybersecurity in industrial PCs and the proliferation of industrial computers in automation are likely to present lucrative opportunities. Security risks in industrial computer networks, on the other hand, may impede the market's expansion. The industry is also witnessing a trend toward touch-screen industrial panel PCs and customizable features.

The market is segmented by type, technology, storage medium, sales channel, and end-use industry. The type category includes panel industrial PCs, rack mount industrial PCs, box industrial PCs, embedded industrial PCs, DIN rail industrial PCs, and others such as forklift and single-board computers. In 2022, the panel industrial PC segment dominated the market. This dominance is attributed to factors like increased demand for durable panel industrial PCs with flexible I/O capabilities and the shift from outdated control panels to user-friendly, high-quality components.

Among the various types, DIN rail industrial PCs are expected to register the highest CAGR during the forecast period. The growth of this segment is driven by its advantages such as ease of installation and integration into existing systems, as well as its rising use in power plant automation and transportation systems. The demand for PC-based control systems in industrial automation is also fueling the segment's growth.

The technology segment divides the market into resistive and capacitive displays. In 2022, the capacitive display category captured the largest share due to its compatibility with a wide range of devices and superior performance in challenging environments. Capacitive displays are also preferred for applications requiring high-quality image and video support. This segment is expected to grow at the fastest rate during the forecast period.

Storage mediums in the market include solid-state drives (SSD) and rotating hard drives. Rotating hard drives accounted for the largest share in 2022, primarily due to their affordability, long lifespan, and large storage capacity. However, solid-state drives are projected to see the highest CAGR owing to their durability, reliability, and increasing demand in military and space exploration projects.

In terms of sales channels, direct sales dominated the market in 2022. The focus on personal sales interactions to better understand customer needs, along with the elimination of intermediaries, is driving this segment's growth. The direct sales channel is also anticipated to grow at the fastest rate in the coming years.

Looking at end-use industries, the process industries category held the largest market share in 2022. The demand for industrial computers is increasing in sectors such as food processing and chemicals, where these systems are crucial for process control and safety. The discrete industries segment, including automotive and electronics, is forecasted to grow at the highest rate due to the rising use of industrial computers for machine monitoring and control.

Regionally, North America led the global market in 2022, driven by rising investments in research and development, demand for energy-efficient systems, and the introduction of advanced industrial PCs. However, the Asia-Pacific region is expected to record the fastest growth due to government initiatives supporting the adoption of digitalized manufacturing systems, particularly in China and Japan.

Key Players:
The key players operating in the global industrial computers market are Siemens AG (Germany), Advantech Co., Ltd. (Taiwan), Beckhoff Automation GmbH & Co. KG (Germany), Captec Ltd. (U.K.), Industrial PC, Inc (U.S.), IEI Integration Corp. (Taiwan), Kontron AG (Germany), NEXCOM International Co., Ltd. (Taiwan), DFI Inc. (Taiwan), American Portwell Technology, Inc. (U.S.), Rockwell Automation, Inc. (U.S.), Schneider Electric SE (France), Mitsubishi Electric Corporation (Japan), Avalue Technology Incorporation (Taiwan), and Panasonic Holdings Corporation (Japan).

To gain more insights into the market with a detailed table of content and figures, click here: https://www.meticulousresearch.com/product/industrial-computers-market-5414

Key questions answered in the report:
• Which are the high-growth market segments in terms of type, technology, storage medium, sales channel, and end-use industry?
• What is the historical market size for industrial computers across the globe?
• What are the market forecasts and estimates for 2024–2030?
• What are the major drivers, restraints, opportunities, challenges, and trends in the global industrial computers market?
• Who are the major players in the global industrial computers market, and what are their market shares?
• How is the competitive landscape?
• What are the recent developments in the global industrial computers market?
• What are the different strategies adopted by the major players in the market?
• What are the geographic trends and high-growth countries?
• Who are the local emerging players in the global industrial computers market, and how do they compete with other players?

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Issued By rajul
Country United States
Categories Computers , Industry , Technology
Tags industrial computers market , panel industrial pc , rack mount industrial pc , industrial pc , information and communications technology , technology , ict
Last Updated September 20, 2024