September 05, 2022 11:15 ET | Source: Verified Market Research Verified Market Research
Boonton, New Jersey, UNITED STATES
Jersey City, New Jersey, Sept. 05, 2022 (GLOBE NEWSWIRE) -- Verified Market Research recently published a report, “Industrial PC Market” By Type (Panel IPC, Rack Mount IPC, Box IPC), By End-User Industry (Process Industries, Discrete Industries), and By Geography. According to Verified Market Research, the Industrial PC Market size was valued at USD 5.04 Billion in 2021 and is projected to reach USD 8.20 Billion by 2030, growing at a CAGR of 5.54 % from 2022 to 2030.
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Global Industrial PC Market Overview
The growth of the industrial PC market is mainly driven by the increasing adoption of automation and other advanced technologies such as artificial intelligence, robotics, and the internet of things across industries to boost productivity and reduce human interaction. Industrial PCs are used in the majority of manufacturing businesses today for data collecting and process control applications. Advantech industrial PCs, for example, are rising, solely because they enable manufacturing businesses to greatly boost efficiency and productivity. In a relatively similar way, rising investments in renewable energy projects around the world are predicted to improve industrial PC sales during the projection period. Industrial PCs assist power plants in gathering and analyzing data and controlling manufacturing operations. To fulfill the increased demand for smart manufacturing solutions, several organizations are gradually establishing industrial micro PCs.
Furthermore, in the future, the rapid growth of the worldwide panel industrial PC market, as well as the growing popularity of industrial 3D printing in both established and emerging regions, will drive up demand for industrial PCs. Manufacturing businesses’ high need for industrial IoT is a driving force. The Industrial Internet of Things (IoT) is being aggressively used by manufacturing organizations across a variety of industries to maximize their resources and prices. This enables them to automate production operations and generate a large volume of manufacturing data utilizing industrial PCs for data collecting and process management over a vast network of intelligent devices. Industrial PCs are specifically intended for data collecting and process control applications in severe industrial environments. To oversee manufacturing operations, these PCs help connect data, people, and equipment in real time. They also resource support in production lines, lowering total cost of ownership (TCO), improving productivity, and increasing uptime. As a result, the use of industrial PCs is likely to increase as the demand for industry IoT grows.
The major players in the market are Advantech, Beckhoff Automation, Siemens, IEI Integration Corporation, B&R, Kontron, Avalue Technology, DFI, NEXCOM International, Portwell.
Verified Market Research has segmented the Global Industrial PC Market On the basis of Type, End-User Industry, and Geography.
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