The Asia Pacific Industrial PC Market would witness market growth of 10.3% CAGR during the forecast period (2021-2027).
Industrial PCs, manufacturers can boost the production capacities of manufacturing units through the optimization of resources and reduce wastage. In addition, there are numerous technological advancements like the integration of artificial intelligence (AI) and the Internet of Things (IoT) with industrial PCs, which enable the recognition of defects in the product manufacturing system. This would augment the growth of the industrial PC market in the upcoming years.
Along with that, the high adoption of solid-state drives (SDD) in industrial PCs is anticipated to propel the growth of the industrial PC market. Integration of silicon microchip-based SDDs helps industrial PCs to offer high-speed data transfer and produce less heat along with operating and improving digitalized manufacturing.
Since countries like Japan and China show the high pace of technological advancements and have the largest industrial sector, the demand for these industrial PCs would increase across the region. In addition, there is an increase in the investments within the energy industry by the governments along with framing standards to ensure the safety and quality of industrial PC. Along with that, number of manufacturing units is constantly rising in the emerging nations of the region.
The China market dominated the Asia Pacific Industrial PC Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $535.4 million by 2027. The Japan market is poised to grow at a CAGR of 9.7% during (2021 - 2027). Additionally, The India market would experience a CAGR of 11% during (2021 - 2027).
Based on Type, the market is segmented into Panel IPC, Rack Mount IPC, Box IPC, Embedded IPC and DIN Rail IPC. Based on End User, the market is segmented into Automotive, Semiconductor & Electronics, Chemical, Healthcare, Aerospace & Defense, Energy & Power, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Industrial PC Market is Projected to reach USD 7.20 billion by 2027, at a CAGR of 8.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Advantech Co., Ltd., Emerson Electric Co., Mitsubishi Electric Corporation, Siemens AG, Omron Corporation, Panasonic Corporation, Schneider Electric SE, Rockwell Automation, Inc., Beckhoff Automation GmbH & Co. KG, and Nexcom International Co., Ltd.
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