Rugged Electronics Market Expected to reach US$17.46 bn By 2025

Rugged electronics are a specific class of electronics designed to work in harsh environments; they can withstand dust, drops, vibrations, and extreme temperatures. Growth in the usage of rugged electronic devices in the defense sector worldwide and their widened application areas are some of the reasons that are expected to drive the global rugged electronics market in the coming years. The additional value they provide in the form of their durability and low downtime is expected to enhance the market’s growth prospects. However, the market is anticipated to be hindered by the low order quantity from individual end users. Moreover, the high cost of rugged electronics in comparison to the benefits of client customization is also expected to be a major restraint to the growth of the global rugged electronics market.

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According to Market Research Reports Search Engine, the Global Rugged Electronics Market is expected to reach US$17.46 bn and is projected to expand at a CAGR of 8.1 % during the period from 2017 to 2025. The market was valued at US$9.4 bn in 2017.

Industrial Computing and Handheld Devices Lead Demand for Rugged Electronics

The global rugged electronics market is segmented on the basis of product type and end user. On the basis of product type, the global rugged electronics market is segmented into industrial computing and handheld devices, tracking devices, hardware components, and others (security cameras, rugged drones, and rugged sensors). The industrial computing and handheld devices segment is expected to contribute a major share in the global rugged electronics market owing to their increasing adoption in an array of industries such as defense, power, transportation, and adventure sports. This segment is also expected to surface as the fastest growing segment based on product type. Industrial computing and handheld devices is expected to be followed by hardware components segment in the global rugged electronics market.

On the basis of end user, the global rugged electronics market is segmented into mining and metal, power, chemical, transportation, healthcare, defense, aerospace, adventure sports and others (agriculture construction, field services forestry, and public safety). Based on end user, the defense segment is expected to hold the major share in the global rugged electronics market owing the growth in adoption of the rugged electronics market by the defense sector, as these devices can handle mission-critical applications in rough battle conditions. The defense segment is also projected to be the fastest growing segment of the rugged electronics market based on end use. This segment is expected to grow at a CAGR of 9.1 % during the period from 2017 to 2025.  The defense sector is expected to be followed by the power sector in terms of market share in the rugged electronics market due to the increased application of such devices in power generation and distribution.

Growing Need in the U.S. Drives North America Rugged Electronics Market

The global rugged electronics market is expected to be driven by the North America region. North America is estimated to contribute a major share in the overall rugged electronics market with the U.S. providing most of the revenue. The presence of major industry players, along with the adoption of rugged electronics solutions by various industry verticals, is expected to drive the market in the region. The region is also expected to emerge as the fastest growing among all regions. The North America rugged electronics market, valued at close to US$3.5 bn in 2017, is likely to rise to close to US$7.2 bn by 2025 at a robust 9.6% CAGR therein.

Europe is expected to follow North America in terms of market share owing to growing awareness and presence of local industry players. Europe is expected to be followed by Asia Pacific in terms of market share. Growth of the Asia Pacific rugged electronics market is accountable to countries such as China, Japan, and India, while South East Asian countries have also contributed substantially to the region’s growth. The region is expected to overtake Europe based on market share in the later years of the forecast, with the Asia Pacific rugged electronics market’s 8.5% CAGR projected to lead it to a revenue valuation of US$3.93 bn by 2025. The Europe market for rugged electronics, valued marginally higher than APAC in 2017, is likely to end up at close to US$3.8 bn by 2025, exhibiting a solid 7.2% CAGR therein.

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Key players in the rugged electronics market include AdLink Technology Inc., Artesyn Embedded Technologies, Chassis Plans LLC, Comark Corporation, Core Systems, Crystal Group Inc., Curtiss Wright Controls Electronic Systems, Inc. , General Dynamics Corporation, General Micro Systems, Germane Systems, Kontron AG, Leonardo DRS, Mountain Secure Systems , NCS Technologies, Inc., Rave Computer , Rugged Science, Schneider Electric SE, Schweitzer Engineering Laboratories (SEL), Siemens AG, Systel, Inc., Themis Computer, Inc., Trenton Systems Inc., Westek Technology Ltd., XES (Extreme Engineering Solutions), Inc., ZMicro, Inc.

The global rugged electronics market is segmented as below:

Global Rugged Electronics Market, By Product Type

Rugged Industrial Computing and Hand held Devices
Rugged Tracking Devices
Rugged Hardware Components

Others (Security Cameras, Rugged Drones and Rugged Sensors)
Global Rugged Electronics Market, By End User

Mining and Metal
Exploration
Extraction
Power
Generation
Transmission
Distribution
Chemical
Transportation
Public
Private
Healthcare
Defense
Army
Navy
Marines
Air Force
Coast Guard
Other Govt. Sectors
NASA
Homeland Security
TSA
Aerospace
Adventure Sports

Others(Agriculture Construction, Field Services Forestry and Public Safety)
Global Rugged Electronics Market, By Region

North America
S.
Canada
Rest of North America
Europe
K.
Germany
France
Rest of Europe
Asia Pacific
India
China
Japan
Australia
Middle East & Africa
UAE
Saudi Arabia
South Africa
Rest of Middle East & Africa
South America
Brazil
Argentina
Rest of South America

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This release was published on openPR.