Industrial PC Market - Forecast(2021 - 2026)
The market for Industrial PC is forecast to reach $5.8 billion by 2025, growing at a CAGR of 5.36% from 2020 to 2025. The significant adoption of the digital technologies, industrial automation and other advanced technologies is contributing to market growth rate. The increasing demand for the increasing process flexibility, enhanced efficiency in various industries is set to contribute to the growth of the market.
Report Coverage
The report: “Industrial PC Market – Forecast (2020-2025)”, by IndustryARC covers an in-depth analysis of the following segments of the Industrial PC market.
By Product Type: Panel, rack mount, box, embedded panel, embedded box, Din rail PC with I/O
By End use industries: Chemical, Energy and power, Oil & gas, Food and beverage, pharmaceutical, automotive, aerospace and defence, semiconductor and electronics, and others.
By Geography: North America, South America, Europe, APAC, and RoW.
Key Takeaways
- DIN rail PC are analysed to grow at highest rate during the forecast period majorly attributed to the high performing computing solutions offered.
- APAC is analysed to dominate the market owing to the growing investments in R&D of the industrial PCs alongside the increasing adoption of the advanced technologies.
- The rising demand for the efficient manufacturing process is set to be a key driving factor for the industrial PC market.
By Product type- Segment Analysis
DIN rail PC with I/O is analysed to grow at highest rate during the forecast period. The Din rail PCs are significantly deployed in the connected factories for efficient manufacturing processes thereby contributing to the high growth rate. In addition to these, these PCs have high durability and can be handled in harsh environments as they have high temperature threshold, which translates to reduced downtime and increased productivity. The installation of industrial PCs is easy and they are compact. They can withstand severe conditions and can absorb any stationary shocks or falls. Owing these benefits, there has been increasing adoption of industrial PCs thereby driving the market growth.
By Enduser- Segment Analysis
The industries such as automotive manufacturing, aerospace and defence, semiconductor and electronics are analysed to grow at higher rate during the forecast period. This is majorly attributed to the adoption of automation in these industries. Growing funding activities for IoT technology set to increase the adoption of industrial PCs, thereby driving the market growth. Automotive is analysed hold significantly higher share in the market, owing to the high adoption of industrial-grade computing solutions in the manufacturing process. Adding to this, the growing developments in the expansion of these plants is further contributing to the market growth rate. In December 2019, Morris Garages, a British automobile brand has announced its plans to invest $ 429.25 million.
Geography - Segment Analysis
APAC is the dominant region in 2019 with a market owing to the high production base in the region, followed by North America and Europe. The large market share is majorly attributed to the presence of large production bases in China and India. In March 2020, China Association of Automobile Manufactures has announced that vehicle production and sales volume reached 3.47 million and 3.67 million units. Adoption of robots assists the industries in reducing labor cost there by providing opportunities for industrial PCs during forecast period. Adding to this, In U.S., Many manufacturing companies have started implementing robots to increase productivity and improve efficiency. Monitoring of robots require high quality industrial PCs which set to drive the market growth.
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