Analysis of Industrial PC Market Size by Research Nester Reveals the Market to Grow with a CAGR of ~5.7% During 2023-2035


Posted October 30, 2023 by UtkarshaDeshpande

Research Nester assesses the growth and market size of the global industrial PC market which is anticipated to be on account of the increasing adoption of smart manufacturing solutions is driving the market growth.

 
New York – August 25, 2023- Research Nester’s recent market research analysis on “Industrial PC Market: Global Demand Analysis & Opportunity Outlook 2035” delivers a detailed competitors analysis and a detailed overview of the global industrial PC market in terms of market segmentation by type, sales channel, end-use, and by region.

Growing Awareness of the Advantages of Efficient IT Infrastructure to Promote Global Market Share of Industrial PC

The availability of information and electronic communication are the two most crucial elements for maintaining a smooth operation in any industrial unit. Top-notch IT networks and infrastructure can address manufacturing-related issues including monitoring, interpretation, assessing economic performance, self-adaptation, etc.

These elements were the main drivers of market expansion. Because they enable the industrial sector to greatly boost efficiency and productivity, products like Advantech Industrial PCs are quickly gaining popularity.

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Some of the major growth factors and challenges that are associated with the growth of the global industrial PC market are:

Growth Drivers:
• Increasing Adoption of AI
• Increased Awareness about Resource Optimization in Manufacturing Firms

Challenges:
The growing concerns about data security and privacy are limiting this company's ability to grow. The internet enables Industrial Control Systems (ICS), and most ICSs in use today are integrated with commercially accessible software, which has numerous advantages but also increases system vulnerability. Therefore, it is projected that increased cybersecurity concerns among users and suppliers will impede the growth of this market.

Risks related to the integration of IPC and the high costs of advanced PCs are some of the factors that may hamper the market growth.

By type, the global industrial PC market is segmented into Panel IPC, Rack Mount IPC, Box IPC, Embedded IPC, and DIN Rail IPC. The DIN Rail IPC is expected to hold the largest share of 38.7% during the forecast period. The increased use of DIN rail integrated circuit products across a range of industries, including defense, health care, and transportation, can be credited with growth. They act as entry points for applications that require communication and display, such as tracking vehicle whereabouts or plan operations. Future growth in the need for connected factory and enterprise networks will support DIN Rail IPC sales even more.

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By region, the Asia Pacific industrial PC market is to generate the highest revenue of 38.9% by the end of 2035. Due to a number of circumstances, the area is rapidly industrializing, and the manufacturing sector is continually expanding. The rising investment in energy infrastructure, which promotes sustainable growth, is one such aspect. Additionally, the Asia Pacific area is home to numerous nations that welcome foreign direct investment through favorable government regulations, luring foreign firms into the regional industrial PC market.

The market in Europe is expected to hold a substantial share of 18.2% during the forecast period. Germany in Europe dominates the industrial personal computer (PC) market and will continue to flourish its trend of dominance during the forecast period. This is because of the increasing expenditure for research and development proficiencies in this region and the growing adoption of robots to increase productivity and improve efficiency. By several synchronizing operations, directing investments, and maximizing capacities, the European Commission has been supporting businesses across Europe in transitioning to the digital environment.

This report also provides the existing competitive scenario of some of the key players of the global industrial PC market which includes company profiling of OnLogic, JHC Technology Development Co, Premio Inc., Beckhoff Automation, American Portwell Technology Inc., RIKEN, Japan, AAEON Technology Inc., ATP Electronics, Fujistu Group, OMRON Corporation, and others.

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Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision in order to avoid future uncertainties.

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Issued By Research Nester
Country India
Categories Business , Electronics
Tags industrial , pc , market , electronics
Last Updated October 30, 2023