Global Industrial PC market outlook 2024, Forecast To 2033
2 Feb, 2024
The industrial PC market has demonstrated robust growth, increasing from $5.57 billion in 2023 to $5.95 billion in 2024, reflecting a compound annual growth rate (CAGR) of 6.8%. The growth in the historic period is attributed to the rise in automation and control, increased productivity, a heightened demand for ruggedness and durability, a surge in machinery and equipment interface, and the demand for process optimization. Envisioning strong growth in the next few years, the market size is expected to reach $8.04 billion in 2028, supported by a robust CAGR of 7.8%. This growth in the forecast period is linked to rising remote monitoring and maintenance, an increased demand for cybersecurity, a heightened demand for customization and flexibility, evolving regulatory changes, and a growing demand in the healthcare and medical devices sector. Notable trends in the forecast period encompass industry 4.0 integration, edge computing, fanless design, touchscreen displays, and IoT connectivity.
Global Industrial PC Market Key Driver
The industrial PC market is expected to thrive with the increasing usage of IoT. Industrial PCs provide a platform for running automation software, enhancing manufacturing and product quality. Cisco predicts a 30% increase in IoT connections and a 26% increase in M2M connections in 2020. Additionally, the market size of IoT semiconductor components is estimated to reach 12% by 2025. The growing reliance on IoT is a key driver for the industrial PC market, fostering real-time monitoring and control processes.
Get A Free Sample Of The Global Industrial PC Market ReportGlobal Industrial PC Market Segments
The global industrial pc market covered in this report is segmented –
1) By Type: Panel IPC, Rack Mount IPC, Box IPC, Embedded IPC, DIN Rail IPC, Other Types
2) By Display Type: Resistive, Capacitive, Other Display Types
3) By Storage Medium: Solid State, Rotating
4) By Sales Channel: Direct Sales, Indirect Sales
5) By End-User: Automotive, Healthcare, Chemical, Aerospace and Defense, Semiconductor and Electronics, Energy and Power, Oil and Gas, Other End Users
Major Industrial PC Industry Players
Advantech Co. Ltd., Beckhoff Automation Pvt. Ltd., Siemens AG., IEI Integration Corporation, Kontron AG, NEXCOM International Co Ltd, Avalue Technology Inc., DFI Inc., American Portwell Technology Inc., General Electric Company., Omron Corporation, Rockwell Automation Inc., Schneider Electric SE, B&R Industrial Automation GmbH, Acnodes Corporation, Aditech ICT Pvt. Ltd., ADLINK Technology Inc., Contec Co. Ltd., Crystal Group Inc., OnLogic Inc., Protech Systems Co. Ltd., VarTech Systems Inc., Mile Marker Industries LLC, Ingersoll Rand Inc., Harken Inc., COMEUP Industries Inc., Analog Devices Inc., Intel Corporation, Mitsubishi Electric Corporation, Panasonic Corporation
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Industrial PC Market Overview
Industrial PC is a robust computer meant for use in an industrial environment, usually in manufacturing goods. Industrial PCs have a hard-shell construction and components designed for increased dependability and uptime. This signifies that these components resist hostile environments and can operate 24/7, whereas a typical desktop PC would fail. It can sustain difficult environmental conditions such as temperature fluctuations, dust, vibration, power surges, and sounds.
Industrial PC Global Market Report 2023 provides data on the global industrial pc market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The industrial pc market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.