Industrial Computers Market Research, 2031
The global industrial computers market was valued at $4.8 billion in 2021, and is projected to reach $8.9 billion by 2031, growing at a CAGR of 6.7% from 2022 to 2031.
An industrial computer is a particular kind of computing system designed to handle a range of factory and industrial workloads for machine automation, production machinery, and cutting-edge autonomous robotics in industrial computers industry. Rugged design principles used in most industrial computers include, fanless cooling, cableless interfaces that do not require moving parts, and some degree of resistance to dust and water infiltration. With robust Input/Output integration, multi-protocol support, and upgradeable capabilities, industrial computers seamlessly integrate legacy equipment with the newest to form a responsive industrial IoT edge network. Industrial computers are designed for both newer industry 4.0 cyber-physical systems and legacy equipment. Upgradable and patchable industrial computers lend greater reliability and security to traditionally vulnerable legacy equipment as facility operators converge output with input.
The global industrial computers market is expected to witness notable growth in industrial computers industry, owing to high demand for industrial IoT by manufacturing companies, increased awareness about resource optimization in manufacturing firms, and recent innovations in display technology, such as LCD and OLED displays in industrial pc. Moreover, demand for smart manufacturing solutions is growing rapidly due to advanced technologies across the manufacturing sector, rapid industrialization, and infrastructure development, which is expected to propel the panel computer market forecast. However, high initial investment and data privacy and cybersecurity concerns are one of prime factors that restrain the global industrial computers market growth.
Segmentation Analysis
The industrial computers market is segmented into Type, Technology and End Use.
On the basis of type, the market is divided into the panel, box, embedded din rail, din rail, rack mount, and others. In 2021, the panel segment dominated the market, in terms of revenue, and is expected to follow the same trend during the forecast period.
The capacitive segment dominated the market in 2021, in terms of revenue, and is expected to dominate the market during the forecast period.
The industrial segment acquired the largest share in 2021 and is expected to grow at a significant CAGR from 2022 to 2031.
Region-wise, the industrial computers market trends are analyzed across North America (the U.S., Canada, and Mexico), Europe (UK, France, Germany, and Rest of Europe), Asia-Pacific (China, India, Japan, South Korea, and Rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa). North America remains a significant participant in the industrial computers market. Major organizations and government institutions in the country are intensely putting resources into panel computer technology.
Competitive Landscape
Competitive analysis and profiles of the major global industrial computers market players that have been provided in the report include, Advantech, American Portwell Technology, Avalue Technology, B&R, Beckhoff Automation, DFI, IEI Integration Corporation, Kontron S&T, Nexcom International, and Siemens.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the industrial computers market size, current trends, estimations, and dynamics of the industrial computers market analysis from 2021 to 2031 to identify the prevailing industrial computers market opportunities.
- The industrial computers market share research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the industrial computers market segmentation assists to determine the prevailing industrial computers market opportunity.
- The current industrial computers market forecast is quantitatively analyzed to benchmark the financial competency.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes industrial panel pc of the regional as well as global industrial computers market trends, key players, market segments, application areas, and industrial computers market outlook.
Industrial Computers Market Report Highlights
Aspects | Details |
Market Size By 2031 | USD 8.9 billion |
Growth Rate | CAGR of 6.7% |
Forecast period | 2021 - 2031 |
Report Pages | 251 |
By Type |
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By Technology |
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By End Use |
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By Region |
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Key Market Players | Siemens AG, Avalue Technology (Taiwan), B&R Automation, American Portwell Technology, Inc., DFI, AdvanTech Solutions, Kontron S&T, Beckhoff Automation, Nexcom International Co., Ltd., IEI Integration Corporation |
Analyst Review
The industrial computers market is anticipated to depict prominent growth during the forecast period, owing to increase in demand for Industrial IoT solutions for automotive, oil & gas, and semiconductor end use. In addition, surge in need for industrial computers for interactive kiosks, maritime and military, automated inspection, metrology, and testing equipment is increasing rapidly.
Industrial computers’ demand among manufacturing businesses surged as IoT, big data, and machine learning advanced globally. The value of data has changed significantly throughout IT efficiencies. In this period of industry transformation and growth, more and more devices are being connected to machines. The demand for computing systems that can handle a variety of workloads and specific functions is skyrocketing as a result of Industry 4.0. Due to their effective performance and low power consumption, industrial computers are currently used as platforms for local or edge-level workload convergence and customized workload consolidation.
As a result, these computers are frequently used in solar power and wind turbines, aerospace, transportation management, and industrial automation. In addition, rise in demand for industrial computers from various end-use industries, such as electronics, pharmaceuticals, oil and gas, food and beverages, and chemicals prompts manufacturers to develop and introduce advanced computers in the market.
For instance, in June 2022, Kontron AG, a German-based IoT/Embedded computing technology service provider developed an industrial PC box computer. KBox A-151-TGL, which is based on 11th Gen Intel Core or Celeron processors, provides adequate processing capability, even for demanding IoT edge or AI applications. This computer is mainly developed for demanding IoT gateway applications in industrial operations.
The market growth is supplemented by proactive industrialization efforts and surge in manufacturing output, owing to technological advancements. These factors have allowed emerging markets to evolve as largest markets during the forecast period, both from demand and supply sides. Public and private organizations have substantially invested in R&D activities and advanced features to develop industrial computers.
Significant factors that impact the growth of the global industrial computers industry include, increase in demand for industrial IoT by manufacturing companies.
The DIN Rail segment accounted for the largest share in 2021 and is anticipated to follow the same trend in the coming years.
North America is the largest regional market for industrial computers.
The global industrial computers market was valued at $4,780.0 million in 2021, and is projected to reach $8,884.06 million by 2031, registering a CAGR of 6.67% from 2022 to 2031.
Currently, Analog Devices, Cypress Semiconductor, Intel Corporation, Infineon Technologies AG, Renesas Electronic Corporation, and NXP Semiconductors are some of the leading players in the global industrial computers market.
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