Press release
Embedded Automation Computers Global Market 2024 - Industry Analysis, Future Trends, Segmentation And Key Players
The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.Embedded Automation Computers Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $51.71 Bn In 2028 At A CAGR Of 8.4% :
The embedded automation computers market size has grown strongly in recent years. It will grow from $33.10 billion in 2023 to $37.44 billion in 2024 at a compound annual growth rate (CAGR) of 9.8%. The growth in the historic period can be attributed to rise in demand for real-time monitoring and control, focus on energy efficiency and sustainability, rise in demand for remote access and control solutions, adoption of edge computing for faster data processing, adoption of automation in retail and e-commerce.
The embedded automation computers market size is expected to see strong growth in the next few years. It will grow to $51.71 billion in 2028 at a compound annual growth rate (CAGR) of 8.4%. The growth in the forecast period can be attributed to increasing adoption of industrial internet of things (IIoT), growth of automation in logistics and supply chain management, rise in demand for autonomous vehicles and drones, growth of smart manufacturing initiatives, adoption of automation in agriculture and farming. Major trends in the forecast period include integration of machine vision systems for quality control, expansion of automation in the banking and finance sector, integration of virtual reality for training purposes, integration of IoT sensors for data collection.
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Embedded Automation Computers Market Major Segments
The embedded automation computers market covered in this report is segmented -
1) By Type: Single Board Computers (SBC), Rugged Industrial Box PC, Vehicle Computer, Internet of Things (IoT) Gateways
2) By Application: Industrial Automation, Transportation, Energy And Power, Other Applications
3) By End-User: Information Technology (IT) And Telecommunication, Automotive, Manufacturing, Healthcare, Aerospace And Defense, Others End-Users
Key Driver - Automotive Industry Expansion Driving The Growth Of Embedded Automation Computers Market
The expansion of the automotive industry is expected to propel the growth of the embedded automation computers market going forward. The automotive industry refers to a sector involving various companies and organizations engaged in designing, developing, manufacturing, marketing, selling, repairing, and modifying motor vehicles. The automotive industry is growing due to advancements in autonomous driving technologies, driving a transformative shift in the traditional automotive landscape. Embedded automation computers in the automotive industry enable real-time processing, data analytics, and control, enhancing vehicle safety and performance and implementing advanced driver assistance systems (ADAS). For instance, according to the European Automobile Manufacturers Association, a Belgium-based automobile manufacturers association, in 2022, the global production of motor vehicles reached 85.4 million units, reflecting a notable increase of 5.7% compared to 2021. Therefore, the expansion of the automotive industry is driving the growth of the embedded automation computers market.
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Prominent Trend - Growing Emphasis On Compact Industrial Embedded Computers For Enhanced Industrial Automation
Major companies operating in the embedded automation computers market are increasing their focus on developing innovative products, such as DX-1200 embedded computers, to gain a competitive edge in the market. DX-1200 embedded computers are compact and designed for use in industrial environments with limited space. For instance, in May 2023, Cincoze, a Taiwan-based industrial computer brand, launched the DX-1200 embedded computer, a high-performance and compact device designed for industrial automation. This computer is equipped with the latest 12th-generation Intel Alder Lake-S processors, offering a wide selection of native input/output (I/O) and flexible modular expansion capabilities to cater to various applications. It incorporates the robust characteristics of the DIAMOND product line, featuring extensive temperature and voltage support, along with resilience to vibration and shock.
Embedded Automation Computers Market Players
Major companies operating in the embedded automation computers market are Siemens AG, General Electric Company, Panasonic Corporation, Mitsubishi Electric Corporation, Schneider Electric SE, Honeywell International Inc., ABB Ltd., Emerson Electric Co., Delta Electronics Inc., Rockwell Automation Inc., Omron Corporation, Bosch Rexroth AG, Festo AG & Co. KG, Phoenix Contact GmbH & Co. KG, Moog Inc., Yokogawa Electric Corporation, National Instruments Corporation, B&R Industrial Automation GmbH, Beckhoff Automation GmbH & Co. KG, Pilz GmbH & Co. KG, Advantech Co. Ltd., Keyence Corporation, WAGO Kontakttechnik GmbH & Co. KG, Kontron S&T AG, Cognex Corporation, Pepperl+Fuchs GmbH, Lanner Electronics Inc
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Largest And Fastest Growing Region In The Market
North America was the largest region in the embedded automation computers market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the embedded automation computers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Embedded Automation Computers Market Report Structure
3. Embedded Automation Computers Market Trends And Strategies
4. Embedded Automation Computers Market - Macro Economic Scenario
5. Embedded Automation Computers Market Size And Growth
…..
27. Embedded Automation Computers Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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