The global industrial PC market has not only reached impressive heights but continues to ascend, having achieved a significant milestone with a valuation of US$ 5 billion in 2021. As we look ahead, the forecast is nothing short of promising, with a robust compound annual growth rate (CAGR) of 6% anticipated during the forecast period spanning from 2022 to 2032. By the end of this period, it is expected to soar to a staggering valuation of US$ 9.4 billion, showcasing the remarkable potential of this industry.
The driving force behind this remarkable growth is the escalating demand for industrial PCs across a spectrum of industries, including automotive, oil & gas, electronics, and pharmaceuticals. These versatile machines have evolved into indispensable tools within the industrial landscape, serving a multitude of crucial functions. Industrial PCs are the backbone of automation, enabling the control of entire systems, monitoring vital parameters like pressure and temperature, overseeing machinery, and providing vital real-time information related to manufactured products. Their adaptability and rugged design make them a cornerstone in industrial operations.
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Industrial PCs have gained widespread acclaim and utilization over the years due to their ability to meet the exacting demands of industrial settings. They are renowned for their high-performance capabilities, long lifespan, and unwavering reliability. Furthermore, these PCs are engineered to thrive in the harshest industrial environments, demonstrating exceptional durability and resilience.
The global industrial PC market’s ascent reflects the ever-expanding scope of industrial automation and the relentless pursuit of efficiency, precision, and data-driven decision-making across industries. These industrial PCs are not just computing devices; they are integral components in the modernization and optimization of industrial processes, driving productivity and innovation in the global industrial landscape.
Industrial PCs’ operational efficiency is both an advantage and a hazard at the same time. It may offer security problems, but it makes it easier to scale up duties and integrate new features in one box, such as energy management, access control, condition monitoring, FSM, data transfer, and so on.
As a result, OEMs and end-users may be dubious about the overall capabilities, not just IPC models, which could impede the sales of industrial PCs. An industrial PC is a computing platform that is built to withstand harsh conditions such as temperature fluctuations, humidity, moisture, and aggressive dust.
Competitive Landscape:
For start-up enterprises, the industrial PC market offers reasonable prospects. These businesses can supply industrial PCs to the fast-growing energy, automotive, and oil and gas industries. The global study on the Industrial PC market states that the presence of established businesses with diverse product portfolios catering to many industries, on the other hand, enhances market competition.
For example, in September 2021, Rockwell Automation announced cooperation with Ansys, a Canonsburg and Pennsylvania-based American corporation. The company hoped to expand digital twin connectivity into industrial control systems with this relationship, allowing users to take advantage of industrial operations’ implementation, design, and performance.
Leading Companies Profiled in Industrial PC Market:
- Beckhoff Automation,
- IEI Integration Corporation,
- Siemens,
- B&R Automation,
- Kontron S&T,
- Avalue Technology,
- DFI,
- Nexcom International,
- American Port well Technology, and others.
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Key Segments Covered:
By Type:
- Panel IPC
- Rack Mount IPC
- Box IPC
- Embedded IPC
- DIN Rail IPC
By Sales Channel:
- Direct Sales
- Indirect Sales
By End-use Industry:
- Process Industries
- Discrete Industries
By Region:
- North America
- Latin America
- Europe
- The Asia Pacific
- The Middle East and Africa (MEA)
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Author:
Nikhil Kaitwade (Associate Vice President at Future Market Insights, Inc.) has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.
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