Allied Market Research published a report on Industrial Computers Market by Type, Technology, End Use: Global Opportunity Analysis and Industry Forecast, 2021-2031. The industrial computers market was valued at $4.8 billion in 2021, and is estimated to reach $8.9 billion by 2031, growing at a CAGR of 6.7% from 2022 to 2031.
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Industrial computers are made to run continuously, 24 hours a day, seven days a week, in environments with a wide operational temperature range, reliability, and regulatory compliance. Since there are no moving parts in the majority of industrial computers, reliability is increased. These industrial computers are made to handle a variety of factory and industrial activities for manufacturing machinery, machine automation, and upcoming autonomous robotics.
The majority of industrial computers industry have sturdy design elements in common, like fanless cooling systems, cable-less communication to decrease moving components, and protection from dust and water infiltration. Due to their capacity to provide dependability and efficiency for several industrial automation projects that cannot afford downtime, these are some of the most important advantages of industrial computers.
The high demand for industrial IoT by manufacturing businesses is one important factor that influences the growth of the global industrial computers industry. Additionally, it is anticipated that manufacturing firm’s awareness of resource efficiency and ongoing advancements in display technology research and development for industrial panel pc will fuel market expansion.
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Competitive Analysis:
The company profile section of the Industrial Computers Market report covers strategic developments, business overview, product offerings, and financial performance of the companies. It also highlights the strategies adopted by companies such as products launch, agreements, partnerships, acquisitions mergers, collaborations, joint ventures, research & development investment, and regional expansion in the past few years.
Some of the major key players of the global Industrial Computers Market include,
- Advantech
- American Portwell Technology
- Avalue Technology
- B&R Automation
- Beckhoff Automation
- DFI
- IEI Integration Corporation
- Kontron S&T
- Nexcom International
- Siemens
The market’s expansion is, however, hampered by high R&D costs, data privacy and cybersecurity issues, and the initial cost of industrial pc. On the contrary, it is predicted that the market would expand rapidly during the forecast period as a result of the widespread adoption of smart manufacturing solutions.
For instance, in June 2022, Kontron AG, a German-based IoT/Embedded computing technology service provider developed an industrial PC box computer. KBox A-151-TGL, which is based on 11th Gen Intel Core or Celeron processors, provides adequate processing capability, even for demanding IoT edge or AI applications. This computer is mainly developed for demanding IoT gateway applications in industrial operations.
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Key Findings of the Study
- In 2021, the panel computer segment accounted for maximum revenue and is projected to grow at a notable CAGR of 4.73% during the forecast period.
- The capacitive segment was the highest revenue contributor to the market in 2021.
- The industrial and transportation and infrastructure segments collectively accounted for around 63.91% market share in 2021.
- The industrial segment is projected to grow at a CAGR of 7.18% during the forecast period.
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