Global Industrial Computers market: Increasing Need for Energy-efficient Compressors to boost the market growth

Industrial Computers market size reached USD 5.83 billion in 2022 and is expected to reach USD 9.73 billion by 2029, growing at a CAGR of 7.6 % during the forecast period.

Automation is a trending technology in the most industrial sector nowadays. Utilizing industrial computers for automated processes allows continuous operations in harsh conditions across different sectors. Industrial computers mainly refer to personal computers specially used in the industry, which can be used as industrial controllers. With the advancement of technology, the scope of Industrial Computers applications began to expand in various industries, such as medical, financial, communication, environmental protection, and so on.

In the UK, 68% of manufacturers believe that productivity in their operations increased by 36% and they need more information on how automation can improve their business. By installing automation software on industrial computers, manufacturers are assured of a 24/7 seamless and efficient workflow. The growth of the industrial Computer market is mainly driven by the growing adoption of automation and other advanced technologies such as artificial intelligence, robotics, and the internet of things across various industrial sectors to boost productivity and reduce human interaction.

MMR’s Industrial Computers market research reveals that some key trends will push future demand for Industrial Computers. These include the emergence of cloud application platforms and the use of Industrial Computers as edge devices to interface with those platforms. Other factors fueling future market growth are the increased product variety and customization as well as the importance of computers in plant retrofits and upgrades. In 2022, the industrial Computers market experienced a strong upwind after a hard 2020 because of the lockdowns and supply chain disruptions, restricted industrial activities, factory shutdowns, and suppressed orders.

Report Scope:

The Industrial Computers market report determines the market share, size, current, and future trends, challenges, and forecast. It also assesses the Industrial Computers industry drivers, restraints, growth indicators, market dynamics, and risk. This report discusses business strategies as well as potential growth opportunities. It also offers a plethora of data on gross margin, SWOT analysis, CAGR, and prospects for the future of major key companies. This report segmented the market by Type, Industry, and geographical location as well as the new techniques and manufacturing cost structures of the Industrial Computers market. The Report focuses on data on global market developments and the

competitive landscape.

This report provides the significant Industrial Computers market’s competitor information, analysis, insight, and forecasts on the competitive pattern of key leading companies in the industry. Both primary and secondary research methodologies were used in preparing the report. Initially, comprehensive research on the Industrial Computers industry was conducted. The sources used to prepare the report include articles, blogs, product literature, annual reports, and other publications. In addition, telephonic interviews or email correspondence were carried out with Industrial Computers business marketing executives.To know about the Research Methodology :- Request Free Sample Report
Industrial Computers Market Dynamics:
Increasing the use of Industrial Computers in manufacturing sectors to drive the market growth

Automation is an answer to huge manufacturing demands and efficient workflow in recent years. Sometimes, the stringent working environment in an industrial setup is a challenge to achieve an optimized operation. Hence, integrating automated software into industrial computers allow continuous operations even in extreme working conditions. Having automated software for industrial computer features make industrial computers a versatile and sturdy solution for a rigorous working environment. The food and Beverage industry is the largest manufacturing sector all over the world. It adds billions a year to the economy. Investing in the right technology lets food and beverage companies maximize production whilst being able to reduce costs and inefficiencies.

Automation by using industrial computers can also help logistic companies and distributors to deliver goods in a faster and more cost-efficient way. It is ideal to choose a computing technology that applies to long-term solutions to improve competitive advantages. Utilizing industrial Computers can optimize the automation processes because of their durability and multiple mounting solutions. Because of the above-mentioned reasons the use of Industrial computers provides smooth workflow in industrial sectors and therefore the market is increased during the forecast period.

Rising demand for Industrial IoT by Manufacturing companies.

Wireless technologies are increasingly used in industrial automation, and they are also diversified in the field of wireless communications. Several manufacturing companies across different sectors are widely adopting the Industrial Internet of Things (IoT) for their facilities to optimize their resources and reduce costs. This is expected to allow them to connect via a broad network of intelligent devices to add automation to their manufacturing plants and produce a huge amount of manufacturing data utilizing industrial computers for data accumulation and process control.

By using advanced industrial Computers, enterprises can get high productivity, better efficiency, and uptime. The Industrial Internet of Things is being aggressively used by manufacturing organizations across a variety of sectors to maximize their resources and prices. This enables them to automate production operations and create a large amount of manufacturing data utilizing the demand for industrial computers for data collecting and process management over a wide network of intelligent devices.

In February 2022, Cisco and Newark, an Avnet Company, announced a partnership to provide North American clients with industrial IoT network solutions for hazardous and non-carpeted locations. The advanced industrial computer market is used in the manufacturing industry to boost productivity, efficiency, and uptime. Industrial Computers sales are increasing because they are designed for the collection of data and process control applications in challenging industrial settings.

These Industrial computers also assist in the real-time connection of data, people, and equipment to monitor industrial processes. They also integrate systems in industrial operations, lowering total cost of ownership (TCO), improving productivity, and increasing uptime. As a result, sales of industrial computers are expected to rise during the forecast period.

Growing Manufacturing Sector and Presence of Leading key Players Driving Industrial Computers Market Growth

The Industrial Computers market is expected to grow at the highest CAGR during the forecast period because of the rapid penetration of automation across manufacturing industries, favorable government support, growing popularity of advanced products like Advantech industrial computers, and a large base of leading industrial computer manufacturers. The rapid economic boom and rising government spending have spurred the growth of manufacturing industries across China.

According to the MMR analysis, China accounted for 28.4% of global manufacturing output in 2022. As these manufacturing industries are increasingly implementing modern technologies for improving their productivity and minimizing human intervention. Thus, the demand for industrial computers across the country will grow at a significant rate during the forecast period.
Market Restraint :
Industrial computers require large capital investments as well as high installation and maintenance costs. Organizations, especially small and medium-sized (SMEs), cannot afford the high cost of installing industrial computers. Because of the growing digitalization of the manufacturing sector, hackers are encouraged to look for vulnerabilities in many types of industrial software and systems. Industrial PCs operate in harsh environments, increasing the likelihood of cyberattacks. The high initial cost of setup and growing concern about data privacy are expected to restrain market revenue growth.
Industrial Computers Market Segment Analysis:
Based on the Type, the din rail industrial Computers segment accounted for the highest revenue share in 2022 because of the growing adoption of din rail industrial computers in transportation, military, medical, and industrial sectors. These types of computers are designed to provide the advantages of PC-based open-architecture control systems in industrial control applications. The DIN-Rail mounting system allows for simple installation inside control cabinets. Furthermore, these IPCs are high-performance computing solutions that are tailored to the complexities of manufacturing control operations. Advantech, for instance, created the DIN-Rail IPC, a powerful control platform for IoT and other industrial automation applications. Its computing capability and a wide range of standard high-speed communication interfaces enable large-scale data processing and decentralized architecture.

Based on Industry, the discrete industries segment is expected to grow rapidly, owing to increased adoption of advanced technologies in discrete industries, increased demand for improved process flexibility and efficiency, and increased need to reduce operational costs. The rapid growth of the factory automation and industrial controls market in developed and developing regions is expected to support this segment's growth during the forecast period.

Increased demand for industrial Computers is expected to drive sales in the near future because of improved process flexibility and efficiency, comprehensive integration of quality and regulatory requirements, harmonized production processes for optimal supply chain management, and constant pressure to reduce maintenance and operation costs. Furthermore, the introduction of novel technologies and materials, an increase in the number of market players entering the market, and rising sales of industrial Computers are expected to drive the growth of the market among other factors.
Industrial Computers Market Regional Insights
The Asia Pacific Industrial Computers market revenue is expected to grow at a CAGR of 7.8% during the forecast period. The Asia Pacific Industrial Computers market had the largest revenue share in 2022 because of the increased adoption of industrial Computer technology, growing industrialization, and rapid investments in the power and energy sectors in countries throughout the region, especially in China, Japan, and India. Furthermore, the incorporation of advanced technologies such as AI, IoT, and ML into industrial processes creates numerous opportunities for the Industrial Computers market in this region.

Industrial Computer key players are actively utilizing the Industrial Internet of Things (IIoT) across numerous industries to achieve maximum resources and pricing, creating a wide range of Industrial Computers market opportunities in this region. China will surpass the U.S. and take the top spot in the global Internet of Things (IoT) market in 2029 and is expected that total spending on IoT in China will reach USD 560 billion. The country is also making steps in AI and when combined with ML would help businesses and industries to manage complicated processes and spur innovation, which is expected to create high demand for industrial Computers in this country.

North America is expected to have significant growth in the global Industrial Computers market during the forecast period due to the increasing adoption of advanced technologies in industrial sectors across the region, particularly in the United States. Industrial firms in the region are focusing on integrating cutting-edge technologies to improve their production methods and increase efficiency. Increasing investments in robotics technology in industrial automation are also driving up demand for industrial computers in this region.

According to MMR research, 68% of US companies plan to invest in robotics and industrial automation over the next three years in July 2022. Moreover, automotive and other discrete industries, such as aerospace and defense, medical devices, and electronics, are among the fastest-growing end-use markets for industrial Computers, which is supporting the growth of the market in this region.

The Europe Industrial Computers market is expected to register a modest revenue growth rate during the forecast period because of the rising adoption of automation in industrial operations in countries across the region, especially in the UK, Germany, and France. Advantages of industrial Computers, such as lower operational costs increased productivity, and long product life is attracting more organizations to adopt industrial Computers in this region. Furthermore, the growing trend of digitalization in the industrial sector across the region is expected to support market revenue growth. The European Commission is assisting businesses throughout Europe in adapting to the digital world by coordinating activities, directing investments, and enhancing capabilities.
Industrial Computers Market Scope: Inquiry Before Buying 



Industrial Computers Market


Report Coverage
Details


Base Year:
2022
Forecast Period:
2023-2029


Historical Data:
2017 to 2022
Market Size in 2022:
US $ 5.83 Bn.


Forecast Period 2023 to 2029 CAGR:
7.6 %
Market Size in 2029:
US $ 9.73 Bn.


 Segments Covered:
by Type
1. Panel
2. Box
3. Embedded
4. DIN Rail
5. Rack Mount
6. Thin Client


by Industry
1. Communication and Network Infrastructure
2. Digital Signage
3. Digital Security and Surveillance
4. Energy and Power
5. Gaming
6. Industrial Automation and Control
7. Instrumentation/Test Automation
8. Medical
9. Aerospace and Defense
10. Retail Automation
11. Transportation
12. Others


by Specification
1. Data Storage Medium
1.1 HDD
1.2 SSD

2. Maximum RAM Capacity
2.1 512 KB to 512MB
2.2 513 MB to 3GB
2.3 4 GB to 8 GB
2.4 9 GB to 64 GB
2.5 More than 64 GB

3. Display Type
3.1 Resistive
3.2 Capacitive


by Sales Channel
1. Direct Sales
2. Indirect Sales



Industrial Computers Market, by Region
 North America (United States, Canada and Mexico)
 Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
 Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
 Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
 South America (Brazil, Argentina Rest of South America)
Industrial Computers Market, Key Players are
1. AAEON Technology Inc.
2. ABB Ltd
3. Acnodes
4. ADLINK Technology Inc.
5. Advantech Co., Ltd.
6. American Portwell Technology, Inc.
7. ASEM S.r.l.
8. Avalue Technology Inc.
9. Beckhoff Automation GmbH & Co. KG
10. Bernecker + Rainer Industrie Elektronik GmbH
11. Crystal Group Inc.
12. DFI America LLC
13. Emerson Electric Co.
14. IEI Integration Corp.
15. Industrial PC Inc.
16. Kontron S&T AG
17. Logic Supply, Inc. dba (OnLogic)- Mitsubishi Electric Corporation
18. NEXCOM International Co Ltd.
19. Omron Corporation
20. Panasonic Corporation
21. Phoenix Contact
22. Protech Systems Co., Ltd.
23. Rockwell Automation, Inc.
24. Schneider Electric
25. Siemens AG
26. The Contec Group
27. Vartech Systems Inc.
28. Xiamen Four-Faith Communication Technology Co., Ltd.

FAQs:

1. Who are the key players in the Industrial Computers market?
Ans. Kontron S&T, Nexcom International Co., Ltd., and Siemens AG are some of the key manufacturers of Industrial Computers. are some of the market players in Industrial Computers market.

2. Which type segment dominates the Industrial Computers market?
Ans. The DIN Rail segment accounted for the largest share of the global Industrial Computers market in 2022.

3. How big is the Industrial Computers market?
Ans. The Global Industrial Computers market size reached USD 5.83 billion in 2022 and is expected to reach USD 9.74 billion by 2029, growing at a CAGR of 7.6 % during the forecast period.

4. What are the key regions in the global Industrial Computers market?
Ans. Based On the region, the Industrial Computers Market has been classified into North America, Europe, Asia Pacific, the Middle, East and Africa, and Latin America. The Asia Pacific dominates the global Industrial Computers market.