According to the new market research report "Industrial PC Market
by Type (Panel, Rack Mount, Box, Embedded, and DIN Rail), Data Storage
(HDD, SSD), Sales Channel (Direct, Indirect), Maximum RAM Capacity,
Industry (Process, Discrete), and Region - Global Forecast to 2025",
is estimated to reach USD 5.7 billion by 2025 from USD 4.4 billion in
2020, growing at a CAGR of 5.4%. The market growth is fueled by
increasing demand for industrial IoT, a steady shift towards digitalized
manufacturing from traditional methods, growing awareness for resource
optimization in manufacturing industries, and stringent regulatory
compliances.
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=169907425
Browse 65 market data Tables and 52 Figures spread through 162 Pages and in-depth TOC on "Industrial PC Market"
Major
players involved in the global industrial PC market include Advantech
(Taiwan), Beckhoff International (Germany), Siemens (Germany), IEI
Integration Corporation (Taiwan), Kontron S&T (Germany), Nexcom
International (Taiwan), ABB (Switzerland), Avalue Technology (Taiwan),
DFI (Taiwan), and American Portwell Technology (US).
Panel
industrial PCs are the most commonly used industrial PCs in the process
and discrete industries for data acquisition and process control
operations. These PCs are designed to operate in rugged industrial
environments to meet the requirements of visualization applications in
the manufacturing industries. The distinctive features of panel
industrial PCs include compact chassis, high performance, enhanced
flexibility, improved safety control, and user-friendly touchscreens.
“SSD market to grow at higher CAGR during the forecast period”
The
solid-state drive (SDD) data storage medium is made from silicon
microchips used in industrial PCs. One of the most significant
attributes of SSD is that it is devoid of mechanical parts, which allows
swift and smooth data transfer to and from the storage medium. Due to
this, the data transfer occurs at a considerably higher speed, thereby
enhancing the expectable lifespan of this storage medium. This data
storage medium offers several advantages over conventional rotating data
storage medium.
The distinguishing features of
SSD include its quick operation, lighter weight, high reliability, and
enhanced energy efficiency. These characteristics are expected to propel
the demand for industrial PCs incorporated with SSD across a wide range
of industries. Also, the declining ASP of SSD devices is boosting their
adoption in an extensive range of industrial practices.
“Direct sales market for industrial PC to grow at higher CAGR during the forecast period”
The
direct sales channel offer various advantages to the industrial PC
manufacturers; they cater to the customization requirements of the
end-user industries and eliminate resellers’ markup and the costs and
risks associated with carrying large finished goods inventories. Due to
these factors, the market for direct sales channels is expected to grow
at the highest rate during the forecast period.
“Industrial PC market for discrete industries to grow at higher CAGR from 2020 to 2025”
The
discrete industries are often characterized by the production of
individual or separate units; wherein units can be produced in low
volume with high complexity or high volumes with low complexity. The
increasing demand for improved process flexibility and enhanced
efficiency, comprehensive integration of quality and regulatory
requirements, harmonized production processes for optimum supply chain
management, and the constant pressure of reducing maintenance and
operation costs in the discrete industries are expected to propel the
adoption of industrial PCs in these industries in the near future. In
addition, the advent of novel technologies and materials, an increasing
number of market players venturing in the markets, and rising necessity
of sustained plant productivity and efficiency, among others, are
expected to fuel the growth of the industrial PC market for the discrete
industries.
“APAC to be the fastest-growing market for industrial PCs during forecast period”
The
industrial PC market in APAC is expected to grow at the highest CAGR
during 2020—2025. Rapid industrialization, increasing infrastructural
investments in the energy & power sector, and favorable government
policies encouraging foreign players to enter the industrial PC market
in APAC are expected to augment the growth of the market during the
forecast period. The high-tech medical devices manufacturing companies
are actively focusing on geographical expansions due to the growing
demand for healthcare services, increasing concern pertaining to health,
and rising investments in R&D. This is likely to fuel the growth of
the industrial PC market in APAC during the forecast period.
Contact:
Mr. Sanjay Gupta
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
newsletter@marketsandmarkets.com
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