Demand For Industrial Pcs Is Projected To Rise At A Robust CAGR Of 6% During The Forecast Period From 2022 To 2032
The industrial PC market size was worth US$ 5 billion in 2021 and is expected to reach US$ 9.4 billion by 2032, increasing at a CAGR of 6% over the forecast period as indicated by the industrial PC market report by FMI.
IPCs are primarily used in electronics and semiconductors,
aerospace and military, and automotive manufacturing as more emphasis is placed
on automation and IoT. Overall, the industrial PC market is expected to be
worth US$ 6 billion by 2026.
Industrial PC manufacturers are aggressively leveraging the
Industrial Internet of Things (IIoT) across multiple industries to maximise
resources and prices, thereby opening up numerous industrial PC market opportunities.
By utilising industrial PCs for data collection and management across a vast
network of intelligent devices, they are able to automate manufacturing
operations and generate a large volume of manufacturing data.
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Key Takeaways
- The
manufacturing operations of many industries, including semiconductor,
consumer electronics, and automotive, are predicted to grow dramatically
in the APAC area.
- In the
year 2021, the industrial PC market size in the United States
was worth US$ 1.1 billion.
- China,
the world’s second-largest economy, is expected to reach a market
capitalization of US$ 901.7 million by 2026, representing a 6.5 per cent
CAGR over the study period as per the emerging trends in the
industrial PC market.
- Japan
and Canada are two other critical geographic markets, with forecasted
growth rates of 3.5 per cent and 3.9 per cent, respectively, over the
analysis period.
- Over
the projection period, the Semiconductor & Electronics segment is
expected to increase at a rapid pace.
“Manufacturing companies witness a high demand for
industrial IoT as the manufacturing sector steadily moves toward digitalization
with increased awareness of resource optimization in manufacturing firms, and
robust regulatory necessities to safeguard protection and reliability in
production plants are all driving market growth.”—opines a FMI analyst.
Key Segments
By Type:
- Panel
IPC
- Rack
Mount IPC
- Box
IPC
- Embedded
IPC
- DIN
Rail IPC
By Sales Channel:
- Direct
Sales
- Indirect
Sales
By End-use Industry:
- Process
Industries
- Discrete
Industries
By Region:
- North
America
- Latin
America
- Europe
- Asia
Pacific
- Middle
East and Africa (MEA)
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