The Europe Rugged IC Market would witness market growth of 5.4% CAGR during the forecast period (2021-2027).
Rugged devices are critical throughout the industrial value chain, from material gathering to incoming and outbound logistics, procurement, demand management, order fulfilment, manufacturing flow management, and product development to commercialization and last-mile delivery.
Every executive at all of these operational levels is outfitted with ruggedized portable devices that allow them to execute a wide range of tasks such as record keeping, inventory management, communication, client interaction, and payment processing, among others. So, the first advantage of a rugged gadget is its incredibly durable and tested built, which enables the devices to operate under harsh climatic and work conditions, as well as their resistance to physical stress, dampness, water, heat, and even sandstorms.
Germany is Europe's largest production and sales market by a long shot. The country's world-class research and development facilities, extensive industrial value chain integration, and highly qualified personnel offer an unrivalled automotive environment on the worldwide stage. It enables businesses to create cutting-edge technologies that perfectly answer the mobility needs of the future. Along with that, several manufacturers across this region are heavily investing in making their products more efficient and boosting their performance, and thus, they are using rugged IC.
The Germany market dominated the Europe Rugged IC Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $79.9 million by 2027. The UK market would witness a CAGR of 4.7% during (2021 - 2027). Additionally, The France market is experiencing a CAGR of 6.2% during (2021 - 2027).
Based on Level, the market is segmented into Fully Rugged, Semi Rugged and Others. Based on End Use, the market is segmented into Consumer Electronics, Manufacturing, Healthcare, Industrial, Automotive and Others. Based on Application, the market is segmented into Mobile Phones, Tablets, Scanners and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Rugged IC Market Size will Hit $1.1 Billion by 2027, at a CAGR of 5.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Crystal Group, Inc., NXP Semiconductors N.V., Qualcomm, Inc., Honeywell International, Inc., Analog Devices, Inc., Infineon Technologies AG, STMicroelectronics N.V., Texas Instruments, Inc., MediaTek, Inc., and General Dynamics Corporation.
By Level
By End Use
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By Country
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