Press release
The Industrial PC Market: Rapid Growth, Influential Drivers, and Emerging Trends
What Is the Projected Market Size of the Global Industrial PC Market and Its Growth Rate?
The industrial PC market showcases substantial growth with promising forecasts.
• 2024 Market Size: $5.85 billion
• 2025 Market Size: $6.2 billion (6.0% CAGR)
• 2029 Market Size: $8.55 billion (8.3% CAGR)
Key contributors to this growth momentum include increased automation and control, enhanced productivity, and demand for ruggedness and durability, and process optimization in the historic period. Looking forward, industries are gearing up for rising remote monitoring and maintenance, enhanced demand for cybersecurity, customization and flexibility, regulatory changes, and an uptick in demand in the healthcare and medical device sectors.
What Is Driving the Growth in the Industrial PC Market?
The industrial PC market is fueled by the increasing use of the Internet of Things (IoT). IoT applications, particularly network-connected sensors and monitoring devices, are playing a significant role in improving the manufacturing and the quality of an organization's products and parts. Industrial PCs provide platforms for running automation software that enables the monitoring and controlling of processes in real-time applications. This is illustrated by Cisco's prediction of a 30% increase in IoT connections in cities and a 26% increase in M2M (Machine-to-Machine) connections. In addition, the IoT semiconductor components market is expected to grow by 12% by 2025. This rise in IoT usage directly contributes to the growth of the industrial PC market.
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Who Are the Key Players Driving Industrial PC Market Growth?
Major players steering the growth trajectory of the industrial PC market include:
• 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.
• Analog Devices Inc.
• Intel Corporation
• Mitsubishi Electric Corporation
• Panasonic Corporation
What Are the Key Trends in the Industrial PC Market?
Major tendencies shaping the future of the industrial PC market include:
• Integration of Industry 4.0
• Use of Edge Computing
• Increase in Fanless Design
• Proliferation of Touchscreen Displays
• Adoption of IoT connectivity
What Are the Segments of the Global Industrial PC Market?
The global industrial PC market can be dissected into the following segments:
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
Which Region Leads the Industrial PC Market?
As of 2024, North America led the industrial PC market. However, the Asia-Pacific region is expected to witness the fastest growth in the coming years. Other regions covered in this report include Western Europe, Eastern Europe, South America, the Middle East, and Africa.
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What Is Covered in the Industrial PC Market Global Market Report?
- Market Size Analysis: Analyze the Industrial PC Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Industrial PC Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Industrial PC Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Industrial PC Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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