Global Industrial Computer Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Industrial Computer Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

An industrial computer is a specific type of computing system engineered to manage a variety of factory and industrial workloads for machine automation, manufacturing equipment and new-age autonomous robotics. One major benefit from industrial computers is the ability to operate with high reliability in the harshest industrial environments.

Market Overview:

The latest research study on the global Industrial Computer market finds that the global Industrial Computer market reached a value of USD 4553.77 million in 2022. It’s expected that the market will achieve USD 6070.81 million by 2028, exhibiting a CAGR of 4.91% during the forecast period.

Industry Trend Analysis

Factory automation and IoT continue to drive industry growth
Machine builders are increasingly using industrial computers in a wide range of applications to help their customers achieve improvements in throughput, uptime, quality and flexibility. Industrial computers are highly networked, providing intelligence on the factory floor that can help with data management and analysis, constantly sharing information upward to the network. They also have strong security credentials and can be used to visualize data in real time, even when accessed remotely.

With the advent of the Internet of Things (IoT) era, many smart devices connected to the cloud are highly customizable, and industrial computers that can respond to different needs play an important role in data collection, computing, communication, and networking, making industrial computers a key driver of the IoT wave. This trend will bring a huge potential demand for the industrial computer industry and bring a strong impetus to the growth of the industry.

The growth of industrial computers will be driven by demand from various sectors, including factory automation, infrastructure, building automation, medical, transportation, and other nonindustrial sectors. Driven by the development of IoT and Industry 4.0, the global industrial computer market value has been climbing year by year in recent years.

Increasing importance of software
As the paradigm of the industrial computer industry shifts, pure hardware manufacturers will face more intense price competition and industry cycle risks. The Internet of Things not only brings new applications, but also creates new business models. The line between industry and industry, and between vendor and vendor, will become more blurred. For example, GE, a giant in traditional industries, locomotives and aircraft engines, defines digitalization as the biggest opportunity for growth when defining future growth opportunities. By embedding data analysis and equipment prediction diagnosis into the service of equipment and engine sales, manufactures can provide more customized and differentiated services to create customer value. Looking at the supply chain of the Internet of Things, we can see that industrial computer vendors are trying to move upstream and downstream to provide more complete service content to customers. From the global merger and acquisition activities in the past few years, cross-border has become the mainstream, and more cross-border cooperation and acquisitions will occur in the future. The second wave of growth of the Internet of Things comes from the ability to integrate software and hardware. In order to meet the second wave of IoT growth, enterprises need to actively develop software platform architecture.

Region Overview:

From 2023-2028, Asia Pacific is estimated to witness robust growth prospects.

Company Overview:

Advantech is one of the major players operating in the Industrial Computer market, holding a share of 35.40% in 2021.

Advantech is a Taiwan-based company principally engaged in the manufacture, assembling and distribution of industrial computers and related accessories. The Company's main products include embedded boards and systems, industrial computers, industrial control products. The Company also provides after-sales services and other services. The Company mainly distributes its products in the American, Asian and European markets.

Siemens is a Germany-based technology company. It operates through seven segments: Digital Industries, which offers products and system solutions for automation used in discrete and process industries; Smart Infrastructure, which supplies and intelligently connects energy systems and building technologies; Gas and Power, which offers products, solutions and services for generating electricity, for producing and transporting oil and gas, as well as for downstream and oil and gas-related operations; Mobility, which combines all Siemens businesses in the area of passenger and freight transportation; Siemens Healthineers, which supplies technology to the healthcare industry and engages in diagnostic imaging and laboratory diagnostics; Siemens Gamesa Renewable Energy, which designs,and produces wind turbines, and sales wind farms, and Financial Services (SFS), which offers leasing solutions and equipment, project and structured financing in the form of debt and equity investments.

Segmentation Overview:

Among different product types, X86 segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Automations &Control segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Industrial Computer market covered in Chapter 3:

Siemens
Kontron
Advantech
Contec
Nexcom
Portwell
ADLINK
IEI Technology
B&R Industrial Automation
Eurotech
Beckhoff Automation
Abaco
Avalue
DFI

In Chapter 4 and Chapter 14.2, on the basis of types, the Industrial Computer market from 2018 to 2029 is primarily split into:

ARM
X86
PowerPC
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Industrial Computer market from 2018 to 2029 covers:

Defense & Aerospace
Communications
Medical
Automations &Control
Transport
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)