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Growing trend for digitalization in the industrial sector is a key factor driving industrial PC market revenue growth
VANCOUVER, BC, CANADA, August 2, 2022 /EINPresswire.com/ -- The global industrial PC market size was USD 4.38 Billion in 2021 and is expected to register a revenue CAGR of 5.6% during the forecast period, according to latest analysis by Emergen Research. Growing trend for digitalization in the industrial sector is a key factor driving market revenue growth.
Rising trend of digitalization in industrial sectors and rapid adoption of Internet of Things (IoT) across industries create high demand for Industrial PCs (IPCs). Digital transformation helps businesses to increase its productivity, cut costs, and create a path for future manufacturing. Industrial PC assists organizations in overcoming digitalization issues and implementing it effectively. As organizations are shifting towards digitalized manufacturing method, IPCs are ideally positioned to play a crucial role in facilitating secure data access and analysis. These computers also have ideal combination of performance and dependability, which is critical for dealing with vast volume of production data. In addition, rising demand for IPCs due to digitalization in industrial sectors prompts manufacturers to introduce advanced Pcs in the market. For instance, in September 2021, Cincoze, a Taiwan-based embedded computing solutions provider launched a new Industrial PC DS-1300, which is designed to handle harsh industrial environments. The DS series is a fanless, high-performance embedded PC., and features an Intel Xeon processor from the 10th generation, USB 3.2 technology, and Peripheral Component Interconnect (PCI) expansion slots.
Growing trend for digitalization in the industrial sector is a key factor driving industrial PC market revenue growth
Automotive manufacturers adopted industrial computers more quickly in recent years due to rising trend of automation in this industry. Automotive manufacturer demands adaptable systems, which creates high demand for IPCs in this industry. Various types of industrial computers allow every automobile firm a wide range of options to precisely match their budget and production requirements. For example, to track a car's location throughout production, many automakers use industrial all-in-one computers fitted with Radio Frequency Identification (RFID) scanners. These systems can read RFID tags on each model, check them against a central database, and always select right parts from inventory.
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The market scope for the new entrants and established companies has been assessed using various analytical tools, including the SWOT analysis, investment assessment, and Porter’s Five Forces analysis. Furthermore, into the study, the authors of the report have evaluated the financial standing of leading companies operating in the industry. They have provided crucial information on gross profits, revenue shares, sales volume, manufacturing costs, individual growth rate, and numerous other financial ratios of these competitors. The Industrial PC market analysis is largely focused on leading market players. Our analysts have provided information on financial statements of these players, product benchmarking, and their key business development strategies.
The leading market contenders listed in the report are:
Beckhoff Automation, IEI Integration Corp., Nexcom International, Avalue Technology, American Portwell Technology, Inc., B&R Industrial Automation GmbH, Kontron AG, Siemens AG, Diamond Flower Inc. (DFI), Rockwell Automation, Inc., Schneider Electric SE., and Mitsubishi Electric Corporation
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The global market has been categorized on the basis of product type, application gamut, end-user industries, and the competitive hierarchy. The report inspects the current market scenario, its past performance, demand and supply ratios, production and consumption rates, sales, and numerous growth opportunities available in the market. It further entails a clear outline of the market’s intensely competitive atmosphere to help businesses and industry stakeholders decipher the optimal business moves and achieve their business goals.
Segments Covered in this report are:
Type Outlook (Revenue, USD Billion; 2019-2030)
Technology Outlook (Revenue, USD Billion; 2019-2030)
End-use Outlook (Revenue, USD Billion; 2019-2030)
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The report offers a comprehensive analysis of the current growth prospects for the regional segments of the Industrial PC market. It further gauges their revenue share for the forecast period. Furthermore, the report analyzes the year-on-year growth rate of the market in these regions for the forecast period. The leading geographic regions covered in this report are as follows:
Key Points of the Geographical Analysis:
Data and information related to the consumption rate in each region
Estimated increase in the consumption rate
Proposed growth of the market share of each region
Geographical contribution to market revenue
Expected growth rate of the regional markets
3 Global Industrial PC by Players
4.1 Industrial PC Market Size by Regions
4.2 Americas Industrial PC Market Size Growth
4.3 APAC Industrial PC Market Size Growth
4.4 Europe Industrial PC Market Size Growth
4.5 Middle East & Africa Industrial PC Market Size Growth
9 Market Drivers, Challenges and Trends
9.1.1 Growing Demand from Key Regions
9.1.2 Growing Demand from Key Applications and Potential Industries
10 Global Industrial PC Market Forecast
Some Key Highlights from the Report
The panel industrial PC segment revenue is expected to increase at a steady rate over the forecast period due to rising use of this PC in industrial operation to increase efficiency of production processes and demonstrate a long-term, cost-effective solution. Panel PC technology can help any organization to increase productivity and improve output. OnLogic, a U.S based industrial PC manufacturer offers panel PC combined with advanced computational capability with a variety of protected displays. Its modular solutions enable simple customization and upgrade while lowering maintenance costs.
The capacitive segment is expected to register a significantly fast CAGR in the industrial PC market during the forecast period due to increasing adoption of this PC in industrial sectors. This PC has quicker response times, better precision, and no requirement for periodic modifications, which creates high demand for these PCs in industrial operations.
The Asia Pacific market accounted for largest revenue share in the global industrial PC market in 2021 due to incorporation of cutting-edge technologies, such as Artificial Intelligence (AI), Internet of Things (IoT), and Machine Learning (ML) into industrial processes in countries across the region, especially in China, Japan, and India. Industrial PC manufacturers are actively leveraging Industrial Internet of Things (IIoT) across multiple industries to maximize their resources and prices, resulting in a wide range of industrial PC market potential in this region.
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The professional intelligence study on the Industrial PC market addresses some of the most critical questions:
What market size will 2031 be, and what growth rate will it experience?
What are the key trends in the Market?
What are the driving forces behind the Industrial PC market?
What are the obstacles to market growth?
Which are the top vendors in this space?
What are the threats and opportunities in the market for key vendors?
What are the strengths or weaknesses of critical vendors?
What are the future opportunities for the players in the Industrial PC market?
What are the main issues facing the global Industrial PC market?
How does the competitive landscape look?’
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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trend’s existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
Eric Lee Emergen Research +91 90210 91709 email us here Visit us on social media: Facebook Twitter LinkedIn
Industrial PC Market Size Worth USD 7.11 Billion in 2030
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