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The Industrial PC Market Size was valued at USD 5.15 billion in 2023, and is expected to reach USD 8.23 billion by 2032, and grow at a CAGR of 5.35% over the forecast period 2024-2032.
Industrial PC is a computing platform, designed to operate in extreme conditions such as high fluctuations in temperature, moisture, humidity and aggressive dust. Industrial PCs are similar to desktop PCs, which are used both personally and commercially for processing, storage, and communication, and provide a flexible display. These PCs are expensive, reliable, efficient, and use less power, have a longer service life. Another major factor that separates industrial PCs from commercial PCs is that commercial PCs operate in a safe and clean environment. In contrast, industrial PCs are more efficient under conditions such as high temperature, humidity, dust, and shock and vibration.
KEY DRIVERS:
Strict regulatory requirements are in place to ensure the safety and security of manufacturing plants
The manufacturing sector is steadily moving toward digitalization
Manufacturing companies have a high demand for industrial IoT
RESTRAINTS:
Concerns about data privacy and cybersecurity
Huge initial investment
OPPORTUNITIES:
Raising awareness of the advantages of effective IT infrastructure
Smart manufacturing solutions are increasingly being deployed
CHALLENGES:
Risks associated with IPC integration
Price fluctuations in oil and gas around the world
The industrial PC market grew slightly in 2019; however, the outbreak of coronavirus has affected the global market. Goods production has been reduced to a critical level as various manufacturing industries have been temporarily closed. In the second half of 2020, after examining the situation of the epidemic, governments around the world have issued permits to reopen production plants but in limited quantities. Staff safety and security were paramount; therefore, it was obligatory to follow safety measures such as keeping public distance and using protective equipment. Industrial PCs are increasingly being installed by companies due to the ability of these PCs to monitor industrial processes and remote distances, using IIoT, cloud computing, and 4G / 5G communication technologies. Therefore, workers can safely monitor production in real time, even when working in remote areas. Companies have also begun implementing industry software solutions such as production systems (MES), plant asset management (PAM), asset monitoring and production in real time and to make better operational decisions. They also began to use emerging technologies such as big data analysis and machine learning to make informed data decisions. Technologies like artificial intelligence, digital twins have been used to make it more efficient. The increasing adoption of such technologies has encouraged the installation of industrial PCs in every few industries, such as oil and gas, energy, and automotive.
Based on Type, the industrial PC market is segmented into Rack Mount, Embedded, Thin, Panel, Box and DIN Rail
DIN Rail IPCs have an integrated design with flexible display options and various I/O modules, thus allowing the industrial controller to save space in the control cabinet. These IPCs are highly efficient computer solutions, tailored to the complexity of production control functions. DIN Rail IPCs are commonly used in the military, traffic and transportation, industry, and medicine. The growing popularity of DIN rail IPC may be due to the growing demand for connected factories and businesses from manufacturing enterprises, the growing belief in process control engineers in IPC-based technologies to control operations on productive plants and increased demand for efficiency. the flow of information to all production facilities.
Based on Sales Channel, the industrial PC market is segmented into process and discrete industries
discrete industries are often characterized by the production of individual or separate units; where units can be produced with low volume heavy or high volumes with low weight. The growing need for improved process flexibility and improved efficiency, the full integration of quality and control requirements, harmonized production processes for supply chain management, and the continued pressure to reduce repair and operating costs in the private sector are expected to promote industrial acceptance. In addition, the emergence of new technologies and building materials, the growing number of market players entering the market, and the growing demand for crop production and efficiency, among other things, are expected to further the growth of the industrial PC market in various industries.
BY TYPE
Rack Mount
Embedded
Thin
Panel
Box
DIN Rail
BY TECHNOLOGY
Capacitive
Resistive
BY SALES CHANNEL
Direct Sales
Indirect Sales
BY END-USER INDUSTRY
Process Industries
Discrete Industries
APAC is expected to become the fastest growing market for industrial PCs between 2024-2032. Factors such as rapid industrial growth, increased infrastructure investment in the power and energy sector, and favorable government policies that encourage foreign players to enter the industrial PC market at APAC are expected to boost sector growth during forecasting. Companies that manufacture high-quality medical equipment are focused on growing areas due to the growing demand for health care services, growing health concerns, and growing investment in R&D. This is likely to further the growth of the industrial PC market in APAC at the time of forecasting.
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REGIONAL COVERAGE:
North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
south Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
The key players in the industrial PC market are Avalue Technology, American Portwell Technology, Beckhoff Automation, IEI Integration Corporation, Advantech, Siemens, Kontron S&T, B&R Automation, DFI, Nexcom International and other key players.
Report Attributes | Details |
---|---|
Market Size in 2023 | US$ 5.15 Billion |
Market Size by 2032 | US$ 8.23 Billion |
CAGR | CAGR of 5.35% From 2024 to 2032 |
Base Year | 2023 |
Forecast Period | 2024-2032 |
Historical Data | 2020-2022 |
Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
Key Segments | • By Type (Rack Mount, Embedded, Thin, Panel, Box, DIN Rail) • By Technology (Capacitive, Resistive) • By Sales Channel (Direct Sales, Indirect Sales) • By End-User Industry (Process Industries, Discrete Industries) |
Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
Company Profiles | Avalue Technology, American Portwell Technology, Beckhoff Automation, IEI Integration Corporation, Advantech, Siemens, Kontron S&T, B&R Automation, DFI, Nexcom International and other key players. |
DRIVERS | • Strict regulatory requirements are in place to ensure the safety and security of manufacturing plants. • The manufacturing sector is steadily moving toward digitalization. • Manufacturing companies have a high demand for industrial IoT. |
Restraints | • Concerns about data privacy and cybersecurity • Huge initial investment. |
The market value will be expected to reach USD 8.23 billion by 2032, and grow at a CAGR of 5.35% over the forecast period 2024-2032.
The market has been segmented with respect to type, technology, sales channel and end-user industry.
The industrial PC market grew slightly in 2019 however, the outbreak of COVID-19 has affected the global market. Goods production has been reduced to a critical level as various manufacturing industries have been temporarily closed.
Top-down research, bottom-up research, qualitative research, quantitative research, and Fundamental research.
Manufacturers, Consultants, Association, Research Institutes, private and university libraries, suppliers, and distributors of the product.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Industrial PC Segmentation, by type
8.1Introduction
8.2 Rack Mount
8.3 Embedded
8.4 Thin
8.5 Panel
8.6 Box
8.7 DIN Rail
9. Industrial PC Segmentation, by technology
9.1 Introduction
9.2 Capacitive
9.3 Resistive
10. Industrial PC Segmentation, by sales channel
10.1 Introduction
10.2 Direct Sales
10.3 Indirect Sales
11. Industrial PC Segmentation, by end-user industry
11.1 Introduction
11.2 Process Industries
11.3 Discrete Industries
12. Regional Analysis
12.1 Introduction
12.2 North America
12.2.1 USA
12.2.2 Canada
12.2.3 Mexico
12.3 Europe
12.3.1 Germany
12.3.2 UK
12.3.3 France
12.3.4 Italy
12.3.5 Spain
12.3.6 The Netherlands
12.3.7 Rest of Europe
12.4 Asia-Pacific
12.4.1 Japan
12.4.2 South Korea
12.4.3 China
12.4.4 India
12.4.5 Australia
12.4.6 Rest of Asia-Pacific
12.5 The Middle East & Africa
12.5.1 Israel
12.5.2 UAE
12.5.3 South Africa
12.5.4 Rest
12.6 Latin America
12.6.1 Brazil
12.6.2 Argentina
12.6.3 Rest of Latin America
13.Company Profiles
13.1 Nexcom International
13.1.1 Financial
13.1.2 Products/ Services Offered
13.1.3 SWOT Analysis
13.1.4 The SNS view
13.2 Avalue Technology
13.3 American Portwell Technology
13.4 Beckhoff Automation
13.5 IEI Integration Corporation
13.6 Advantech
13.7 Siemens
13.8 Kontron S&T
13.9 B&R Automation
13.10 DFI
13.11 Other
14.Competitive Landscape
14.1 Competitive Benchmark
14.2 Market Share analysis
14.3 Recent Developments
15.Conclusion
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