Industrial PC manufacturers are aggressively using the Industrial Internet of Things (IIoT) across various industries to maximize their resources and prices, which opens many industrial PC market opportunities. This enables them to automate production operations and generate a large volume of manufacturing data utilizing industrial PCs for data collection and management over a vast network of intelligent devices.
Industrial PC Market is expected to register a robust CAGR of 6%, from US$ 5 Billion in 2021 to US$ 9.4 Billion in 2032. Automation, digitization, and other technological innovations propel the global industry forward as increased focus on automation and IoT, IPCs are primarily used in electronics and semiconductors, aerospace and military, and automotive manufacturing.
Industrial PCs’ operational efficiency is both an advantage and a hazard at the same time. It may offer security problems, but it makes it easier to scale up duties and integrate new features in one box, such as energy management, access control, condition monitoring, FSM, data transfer, and so on.
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As a result, OEMs and end-users may be dubious about the overall capabilities, not just IPC models, which could impede the sales of industrial PCs. An industrial PC is a computing platform that is built to withstand harsh conditions such as temperature fluctuations, humidity, moisture, and aggressive dust.
Leading Companies Profiled in Industrial PC Market are
- Beckhoff Automation,
- IEI Integration Corporation,
- Siemens,
- B&R Automation,
- Kontron S&T,
- Avalue Technology,
- DFI,
- Nexcom International,
- American Port well Technology, and others.
These PCs are more expensive, but they are also more reliable, efficient, and power-efficient, and they have a longer service life. Consistent and efficient performance in demanding circumstances created a major demand for industrial PC since they can run within the range from – 40°C to +80°C.
The industrial PC market grew steadily in 2019, but the global market was impacted by the coronavirus outbreak. Various manufacturing plants were temporarily shuttered, resulting in a considerable reduction in product output.
After assessing the pandemic situation in the second half of 2020, governments from various countries granted permission to reopen production plants, but only to a limited capacity. The workforce’s safety and security were paramount, so safety precautions such as maintaining social distance and wearing personal protective equipment were required. On the whole, the industrial PC market share is expected to reach a valuation of US$ 6 Billion by 2026.
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“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 an FMI analyst.
Competitive Landscape
For start-up enterprises, the industrial PC market offers reasonable prospects. These businesses can supply industrial PCs to the fast-growing energy, automotive, and oil and gas industries. The global study on the Industrial PC market states that the presence of established businesses with diverse product portfolios catering to many industries, on the other hand, enhances market competition.
For example, in September 2021, Rockwell Automation announced cooperation with Ansys, a Canonsburg and Pennsylvania-based American corporation. The company hoped to expand digital twin connectivity into industrial control systems with this relationship, allowing users to take advantage of industrial operations’ implementation, design, and performance.
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
- The Asia Pacific
- The Middle East and Africa (MEA)
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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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