Industrial PC Market expected to reach 4.73 Billion USD by 2022


Posted February 7, 2020 by estherwjarrell

Rising demand for energy-efficient manufacturing operations, and growing emphasis on regulatory compliance

 
According to MarketsandMarketsTM Industrial PC Market by Hardware (Panel Industrial PC, Rack Mount IPC, Box IPC, Embedded Box IPC, Embedded Panel IPC and DIN Rail PC), Data Storage Media, Touchscreen Technology, Sales Channel, End-User Vertical, and Geography - Global Forecast to 2022", the industrial PC market is expected to be valued at USD 4.73 Billion by 2022, growing at a CAGR of 6.2% between 2016 and 2022.

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The major players operating in the industrial PC market include Advantech Co., Ltd. (Taiwan), Beckhoff Automation GmbH & Co., KG (Germany), General Electric Co. (U.S.). Kontron AG (Germany), Mitsubishi Electric Corporation (Japan), OMRON Corporation(Japan), Panasonic Corporation (Japan), Rockwell Automation, Inc. (U.S.), Schneider Electric (France), and Siemens AG (Germany).

Browse 70 market data tables and 83 figures spread through 176 pages and in-depth TOC on “Industrial PC Market"

The growth in this market can be attributed to the increasing penetration of IoT across manufacturing industries, high R&D investments by the manufacturing companies to promote the adoption of industrial PCs, rising demand for energy-efficient manufacturing operations, and growing emphasis on regulatory compliances.

Industrial PC market for solid state data storage medium to grow at a high rate between 2016 and 2022
Market for capacitive touchscreen technology-based IPCs likely to grow at a high rate in the coming years
Direct sales considered as the most preferred sales channel and likely to continue its dominance during the forecast period
Oil and gas industry to hold the largest share of the industrial PC market between 2016 and 2022
North America to dominate the industrial PC market between 2016 and 2022

Panel industrial PCs held the largest size of the industrial PC market in 2016. The growth of the market for panel industrial PCs can be attributed to their distinct features such as compact chassis, high-performance platform, enhanced flexibility, better safety control, and user-friendly touchscreens. Panel industrial PCs are the most commonly used industrial PCs in the process and discrete industries for data acquisition and process control operations.

Solid-state is robust data storage medium for handling shocks and vibrations in manufacturing plants. It provides high-speed data access. Apart from providing consistent and faster input/output times, solid-state data storage medium offers similar levels of endurance and data integrity as other electronic devices; hence, require lesser cooling and power than its electromechanical equivalents.

The market for capacitive touchscreen technology-based IPCs is likely to grow at a high rate between 2016 and 2022. This market growth can be attributed to the advantages of capacitive touchscreen technology-based IPCs over resistive touchscreen technology-based IPCs such as faster response time, higher accuracy, and no requirement for periodic calibrations, among others.

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Issued By Mr. Shelly Singh
Country United States
Categories Technology
Tags industrial pc market
Last Updated February 7, 2020