openPR Logo
Press release

With 5.5% CAGR, Industrial PC Market Growth to Surpass USD 6.6 billion

02-02-2023 08:51 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: MarketsandMarkets

With 5.5% CAGR, Industrial PC Market Growth to Surpass USD 6.6

The industrial PC market is projected to grow from USD 5.0 billion in 2023 to USD 6.6 billion in 2028 at a CAGR of 5.5% from 2023 to 2028. Growing deployment of smart manufacturing solutions and increasing awareness of benefits of effective IT infrastructure are some of the key factors creating lucrative opportunities for the players in the industrial PC market.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=169907425

The market for DIN rail IPC is expected to grow at the highest CAGR from 2023 to 2028 within the industrial PC market. Factors such as DIN rail IPC's ability to operate in rugged environments, function as an effective communication gateway for converting communication protocols, and its feature of IT-OT convergence, Industry 4.0- and IoT-ready enable it to gain an advantage of market opportunities provided by technologically developing manufacturing firms. Therefore, growing demand for connected factory and enterprise networks from manufacturing enterprises increasing the demand of DIN IPC in the forecast period.

The industrial PC market for direct sales is estimated to grow at a highest market share from 2023 to 2028. In direct sales, industrial PCs are sold through an in-house staff of a manufacturing company. Through these channels, bulk orders from end-user industries are procured directly from industrial PC manufacturing companies. In 2022, around 77% of industrial PCs were sold by manufacturers to end-user industries through direct sales channels. Due to these factors, the market for direct sales channels is expected to grow at the highest market share during the forecast period.

Process industries are expected to register a highest market share in the industrial PC market during the forecast period. The rising pressure on manufacturers to deliver cost-effective products while reducing manufacturing costs is driving the adoption of industrial PCs across various industries. In process industries, manufacturing firms focus on improving the quality of process inputs and enhancing consistency and efficiency to achieve optimum yield. North America is a major contributor to the growth of the industrial PC market for process industries. Manufacturers from the industrial sector in North America focus on adopting advanced technologies to enhance their production processes and optimize production output.

Inquiry Before Buying @ https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=169907425

Asia Pacific is projected to grow at the highest CAGR from 2023 to 2028. The growing implementation of automated technologies in the automotive, aerospace & defense, and semiconductor & electronics industries of Asia Pacific supports the growth of the industrial PC market in the region. The need to meet the demand for consumer products of the growing population in the Asia Pacific, along with the ongoing industrialization in emerging economies, has led to increased production in automotive, semiconductor, and electronics industries in the region. This is likely to surge the demand for industrial PCs in Asia Pacific.

News also Covered: https://finance.yahoo.com/news/industrial-pc-market-worth-6-140000497.html

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release With 5.5% CAGR, Industrial PC Market Growth to Surpass USD 6.6 billion here

News-ID: 2909669 • Views:

More Releases from MarketsandMarkets

Laser Interferometer Market Set to Grow at the Fastest Rate- Time to Grow your Revenue
Laser Interferometer Market Set to Grow at the Fastest Rate- Time to Grow your R …
The global laser interferometer market is expected to be valued at 315 million in 2024 and is projected to reach USD 447 million by 2029, at a CAGR of 7.2% from 2024 to 2029. Emerging applications in industries push the market's growth due to the growing demand for precision in the manufacturing sector. However, challenges such as higher initial investments and maintenance costs cause problems. Despite these, opportunities arise for
With 19.6% CAGR, Battery Testing, Inspection, and Certification Market Growth to Surpass USD 36.7 billion
With 19.6% CAGR, Battery Testing, Inspection, and Certification Market Growth to …
The battery testing, inspection, and certification market is projected to reach USD 36.7 billion by 2029 from USD 14.9 billion in 2024 at a CAGR of 19.6% during the forecast period. Increasing adoption of EVs and energy storage systems, rising enforcement of stringent standards to ensure battery safety, thriving portable electronics industry, and rapid advances in battery technology are the major factors contributing to the market growth. Download PDF Brochure @
Real-Time Location Systems Revolutionize Healthcare: Insights from MarketsandMarkets
Real-Time Location Systems Revolutionize Healthcare: Insights from MarketsandMar …
The global RTLS market for healthcare is projected to grow from USD 2.3 billion in 2024 to USD 5.7 billion by 2029, at a compound annual growth rate of 19.6% from 2024 to 2029. As it attracts more and more players who enter this market with innovative RTLS features for customers, the market for RTLS technology is rapidly increasing. Top companies in this market focus on healthcare, retail, and manufacturing
Offsite Data Center Power Infrastructure Market Size to Reach $35.4 billion by 2030 | Leading key players are ABB, Schneider Electric, Eaton, Vertiv
Offsite Data Center Power Infrastructure Market Size to Reach $35.4 billion by 2 …
According to a research report "Offsite Data Center Power Infrastructure Market by Component (Solutions and Services), Vertical (BFSI, Media & Entertainment, Government & Defence, Healthcare, Manufacturing, IT & Telecom, Retail) and Region - Global Forecast to 2030" published by MarketsandMarkets, the market size for global offsite data center power infrastructure market is projected to reach approximately USD 35.4 billion by the year 2030, as compared to the estimated value of

All 5 Releases


More Releases for CAGR

[CAGR of 6.7%] Nanocoatings Market Size, Industry Share, CAGR, Regional Forecast …
The global Nanocoatings Market generated $10.7 billion in 2020, and is projected to reach $20.1 billion by 2030, growing at a CAGR of 6.7% from 2021 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends. Download sample PDF @ https://www.alliedmarketresearch.com/request-sample/2064 According to the report published by Allied Market Research,
[CAGR of 5.3%] Pigments Market Size, Industry Share, CAGR, Regional Forecast, 20 …
A recent report by Allied Market Research provides a detailed analysis of the pigments market, highlighting its robust growth. The industry was valued at $27.2 billion in 2022 and is projected to surge to $45.4 billion by 2032, exhibiting an impressive CAGR of 5.3% from 2023 to 2032. This research report identifies the growth drivers behind the market's expansion and delves into the market dynamics using advanced analytical frameworks
[CAGR of 5.5%] Silica Flour Market Size, CAGR, Competitive Analysis and Forecast …
The global silica flour industry generated $520.0 million in 2021, and is estimated to reach $876.3 million by 2031, witnessing a CAGR of 5.5% from 2022 to 2031. Allied Market Research published a report, titled, "Silica Flour Market by Type (Quartz, Cristobalite), by Application (Fiberglass, Glass and Clay, Oil Well Cement, Ceramic and Refractory, Foundry, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031." The report offers a detailed analysis
Enzymes Market Expansion CAGR of 4.9% CAGR Anticipated 2025-2034
The Enzymes Market report is an in-depth examination of the global Enzymes Market's general consumption structure, development trends, sales techniques, and top nations' sales. The research looks at well-known providers in the global Enzymes Market industry, as well as market segmentation, competition, and the macroeconomic climate. A complete Enzymes Market analysis takes into account a number of aspects, including a country's population and business cycles, as well as market-specific microeconomic
Electric Bed Market CAGR, Size, Share Grow USD 2,063 Million by 2030 CAGR 13.70%
Global electric bed market size is expected to be worth roughly USD 2,063 million by 2030, growing at a CAGR of more than 13.7% during the projected timeframe of 2022-2030, according to Ameco Research A significant portion of the population over the age of 60, who often have reduced immunity levels and are more susceptible to neurological disorders, cardiac issues, tumors, and spinal cord compression, is anticipated to have a substantial
Call Center AI Market Latest, CAGR, Volume and Value 2022-2030 | (CAGR) of 25%
New York , United States- Report Ocean published the latest research report on the Call Center AI market. In order to comprehend a market holistically, a variety of factors must be evaluated, including demographics, business cycles, and microeconomic requirements that pertain precisely to the market under study. In addition, the Call Center AI market study demonstrates a detailed examination of the business state, which represents creative ways for company growth,