Various reports point out that Global Industrial PC Market was valued at USD 3.46 Billion back in 2017 and is projected to grow at a CAGR of 6.0% from 2018 to 2026 and reach USD 13 Billion (Approx.) by 2026.
All about Industrial PC Computer Systems
Industrial PC is a computing platform, which is designed as a high-performance system to operate in extreme environments such as high fluctuation in temperature, moisture, humidity, and aggressive dust. Industrial PCs are similar to desktop PCs, which are used both personally and commercially in terms of processing, communications, storage, and offer flexible interface.
These PCs are comparatively more expensive, efficient, reliable, and less power-consuming devices, with a long service life. Another major factor that differentiates industrial PCs for commercial PCs is that commercial PCs operate in a safe and clean environment. On the other hand, industrial PCs are capable enough to work under conditions such as high-range temperature, moisture, dust, and shocks & vibrations.
Industrial PCs have many industrial applications like industrial automation, aerospace, solar power, transportation management, and wind generators. Moreover, efficient & consistent performance in challenging environments delivered by these PCs is what makes them unique. Plus, they can operate within the range from -40°C to +80°C. Industrial Computers also consume low power, as they work on batteries such as nickel-cadmium, nickel-metal hydride, or other renewable power sources such as wind energy or solar power.
What does the future of the Global Industrial PC market entails?
The growth of the global industrial PC market is expected to be driven by factors such as the emergence of IoT in various industries such as manufacturing, oil & gas, food & beverages, automotive, etc. Integration with IoT technologies makes the operation convenient & automated, minimizes the chances of errors, and helps in data acquisition & process control. Hence, the increase in demand by various industries for energy-efficient manufacturing operations boosts the growth of the industrial PC market.
Besides, an increase in the trend of digitalization in various manufacturing sectors, surge in adoption of Industrial IoT among multiple industries, and high investment in R&D to provide customization services are the key drivers of the industrial PC market. Although, this process requires huge investment; thus, the initial cost for the installation of industrial PCs is occasionally high, which hampers the market growth. Also, security issues due to continuous operation in harsh environments limits the growth of the industrial PC market.
On the contrary, a surge in demand for smart energy solutions such as computerized numerical control (CNC) machines & Industrial Panel PC with a substantial increase in emphasis on robust IT Infrastructure can certainly offer lucrative opportunities for the industrial PC industry globally.
Further, the global industrial PC market is segmented based on type, technology, end-use, and region. Based on type, the market is classified into panel, box, embedded, Din rail, thin client & rackmount. Depending on technology, they are usually classified into resistive, capacitive, and others.
By end-use, it is fragmented into chemical, electronics, oil & gas, pharmaceutical, food & beverages, automotive, and others. Region-wise, it is analyzed across North America, Asia Pacific, Europe, and LAMEA.
The key players in the global industrial PC market include Panasonic Corporation, Mitsubishi Electric Corporation, Omron Corporation, Simens AG, Rockwell Automation, Beckhoff Automation GMBH & Co., General Electric Co., Kontron AG, Advantech Co. Ltd., and Schneider Electric, etc.
These players focus on R&D for PCs used in the process and discrete industries to make procedures smooth, efficient, and encourages enterprises to move from traditional to digitalization. Adopt a collaborative partnership, and mergers as their developmental strategies with top firms, which further helps in financing the products and penetrate the market.
Key benefits for stakeholders
- Firstly, the current market is quantitatively analyzed from 2019 to 2026 to highlight the financial competency of the industry perfectly.
- Additionally, Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.
- This study primarily includes the analytical depiction of the global industrial PC market share along with the current trends and future estimations to determine the forthcoming investment pockets.
- Finally, the report presents information regarding the key drivers, restraints, and opportunities.
KEY MARKET SEGMENTS
- Din Rail
- Rack Mount
- Thin Client
- Oil & Gas
- Food & Beverages
- North America
- Rest of Europe
- Rest of Asia-Pacific
- Latin America
- Middle East
Now that you know all about the future of the Industrial PC and its market. Contact one of our representatives at Acura Embedded Systems Inc. to learn more about how we can help you today and in the future with the help of an outstanding team that always strives to go above and beyond on behalf of clients to ensure efficiency, profitability, and ease in transaction. We at Acura will listen to your needs & focus on prioritizing communication so that the direction we take is aligned with what you truly need now and in the future.