Industrial PC Market Growing at 10.26% CAGR Driven by High R&D Investments to 2020
PUNE, India, February 12, 2016 /PRNewswire/ --
The emergence of IoT and Industry 4.0 should impact industrial PC market growth globally as IoT can be integrated with cloud computing and big data analytics into industrial automation processes, which can be integrated with industrial PCs. The Microsoft Windows-based interface, such as touch panel PC and tablet, helps to execute remote monitoring and diagnostics services. Analysts forecast global industrial PC market to grow at a CAGR of 10.26% during the period 2016-2020.
Complete report on industrial PC market spread across 59 pages, analyzing 4 major companies and providing 35 data exhibits is now available at http://www.sandlerresearch.org/global-industrial-pc-market-2016-2020.html.
According to the Global Industrial PC Market 2016-2020 report, high investments in R&D and increased automation of production processes are driving the market. These developments may gain prominence in the automotive, traffic, and transportation sectors. Rising R&D investments are driven by outsourcing of manufacturing processes to India and China.
Product Types Segmentation and Analysis of the Global Industrial PC Market - Panel, Rack mount, Box, Embedded panel, Embedded box and Din rail PC with I/O. Panel PCs are widely used in all major end-user sectors due to their ability to withstand hostile environmental conditions prevalent in an industrial set-up. Panel PCs also have scalability advantage compared to other types of industrial PCs. Products like fanless panel PC have earned the distinction of working at a higher efficiency with minimal energy consumption. With technological advances in the panel PC product line, the market is expected to witness a huge demand for this product line during the forecast period. Order a copy of Global Industrial PC Market 2016-2020 report @ http://www.sandlerresearch.org/purchase?rname=50726.
End-user Segmentation and Analysis of the Global Industrial PC Market - Industrial, Traffic and transportation, Healthcare, Telecom and Datacom. The industrial sector that comprises automotive, food and beverage, pulp and paper, machine tools, rubber and plastic, chemical, oil and gas, and pharmaceutical industries account for close to 44% of the global industrial PC market. The connectivity enhancement enabled by industrial PCs in automation solutions will act as a fuel for the faster adoption rate of these PCs in the industrial sector in the upcoming four years.
EMEA accounted for the largest share of the market in 2015 during the forecast period. The rebounding of economic crisis and the presence of large industrial sectors in the region are expected to enhance the need for industrial PCs in association with the automation needs.
The key vendors analyzed in industrial PC market report are Advantech, Beckhoff Automation, Rockwell Automation, and Siemens. Other prominent vendors in the market include Adlink Technology, Bernecker & Rainer, Captec Group, Dell, and Industrial Computers.
Further, the report states that threat from substitutes such as programmable logic controller (PLC) and distributed control system (DCS) is looming large over the industrial PC market, as a PLC is less prone to electronic virus attacks and is more reliable in process and discrete industries compared to industrial PCs.
Another related report Global Industrial UPS Market 2015-2019 says industrial UPS market is set to grow at a CAGR of 10.64% by revenue over the period 2014-2019. Key players such as Eaton, Emerson Electric, and Schneider Electric are trying to increase their market shares through inorganic growth. A number of M&A and strategic alliances are likely to take place in the market during the forecast period, in order for companies to access untapped markets worldwide. For instance, in 2010, Emerson acquired Chloride Group, a manufacturer of UPSs. Browse complete report @ http://www.sandlerresearch.org/global-industrial-ups-market-2015-2019.html.
Key players in the global industrial ups market: ABB, Ametek, Eaton, Emerson Electric and Schneider. Other prominent vendors in the market are: AEG, Benning Power Electronic, Borri, Fuji Electric, GE and Mitsubishi Electric.
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