Industrial PCs are frequently utilized for the process control and/or data acquisition and a computer intended for industrial functions, with a form factor among a nettop and a server rack. Moreover, they have superior dependability and precision standards and are generally more luxurious than consumer electronics. In some cases, an industrial PC is basically utilized as a front-end to another control computer in a distributed handling environment. Furthermore, the players of this market are playing an important role by registering the highest market share with the significant development in the technology for delivering the better consumer satisfaction and increasing the demand which further leads the market growth more effectively in the near future.
According to the report analysis, ‘Europe Industrial PC Market Analysis’ states that there are several key players which are recently functioning in this sector more actively for leading the fastest market growth and registering the handsome amount of share in the near future more actively while developing the techniques of doing work with the new and innovated technology includesAdvantech CO., Ltd., Beckhoff Automation GmbH & Co.KG, Kontron AG, Siemens AG, General Electric Co., Mitsubishi Electric Corporation, Omron Corporation, Rockwell Automation, Inc., Schneider Electric SE, Industrial PC Inc., B&R, The Contec Group, Protech Technologies, Inc., Acnodes, Phoenix Contact, DFI, Vartech Systems Inc., Crystal Group Inc., Four-Faith, Logic Supply and several others. Whereas, many of the big players in this market are working more significantly for acquiring small businesses and leading the fastest market growth during the forecasted period more effectively. Not only has this, but focused players of this market are also benefitted with the strategy of joint ventures, mergers and acquisitions and partnerships for ruling around the globe and generating the high amount of revenue in the short span of time.
Europe industrial PC market is expected to reach a CAGR of 5.5% in the forecast period of 2019 to 2026. Whereas, the market of industrial PC in Europe is segmented into different sectors which majorly involve type, data storage medium, industry, touchscreen technology, sales channel, and country. While, the sector of type is further split into Industrial Panel PC, Box IPC, Embedded Panel PC, Embedded Box IPC, DIN Rail Industrial IPC, Thin Client Industrial IPC, and Rack Mount Industrial IPC however, on the basis of industry, it is divided into Discrete Industries, Process Industries, and Service Industries. Additionally, in type, an embedded panel PC segment is rising at the highest CAGR owing to the growth in manufacturing operations in countries such as India, China, and others. In industry, process industries segment is increasing at the highest CAGR owing to an upsurge of acceptance of advanced technologies like IoT, Automation, machine learning and others for simplifying the complex problems in numerous process industries like manufacturing, F&B, and others.
The growing adoption of the IOT in the manufacturing industry, increasing demand for the energy-efficient manufacturing operations and the rising importance of the regulatory compliance in the developed and underdeveloped nations are the major growth drivers for leading the market growth more effectively in the forecasted period. Therefore, in the near future, it is expected that the market of industrial PC in Europe will increase more effectively over the present years.
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Ankur Gupta, Head Marketing & Communications