In 2019, the rugged embedded computer market was valued at approximately US$2,701.7 million and is anticipated to grow to US$4,779.5 million by 2027, reflecting a compound annual growth rate (CAGR) of 7.9% from 2020 to 2027.
The logistics and manufacturing sectors are rapidly adopting automation to reduce operational expenses and enhance productivity. To meet these objectives, industries require systems that can operate continuously, which significantly contributes to the growth of rugged embedded computers. Additionally, the rising use of embedded computers in demanding environments such as healthcare, agriculture, transportation, energy and power, as well as security and surveillance, is propelling market expansion.
Rugged mini PCs have surged in popularity recently due to their compact size, affordability, and ease of use. These devices are not only cost-effective but also powerful, lightweight, and compact, making them perfect for environments with limited space. They are primarily utilized in military, industrial, and commercial sectors that demand high reliability, durability, and processing power.
The rugged embedded computer market is categorized based on product type, application, and geographical region. In terms of product type, the market is divided into panel PCs and fan-less embedded computers. When considering applications, it is segmented into commercial, industrial, and military and defense sectors. Geographically, the market is divided into North America, Europe, Asia Pacific (APAC), the Middle East and Africa (MEA), and South America (SAM).
Key players in the rugged embedded computer market include ACURA EMBEDDED SYSTEMS INC, ARBOR TECHNOLOGY CORP, Cincoze Co., Ltd., Crystal Group, Inc., MICROMAX TECHNOLOGY, Neousys Technology, Siemens AG, SINTRONES TECHNOLOGY CORP, and Systel, Inc.
Effects of the COVID-19 Pandemic on the Rugged Embedded Computer Market
The COVID-19 pandemic, caused by the novel coronavirus, has significantly impacted numerous industries. The rapid spread of the virus prompted governments worldwide to implement stringent restrictions on the movement of people and vehicles. These lockdowns, travel bans, and business closures have adversely affected economies and various sectors across the globe. The restrictions led to a decrease in the production of goods and services. Industries such as semiconductors, manufacturing, automotive, oil and gas, and mining have experienced operational declines due to temporary halts in activities. Consequently, manufacturers of rugged embedded computers have reported reduced production levels, as semiconductor facilities operated with limited staff. Additionally, disrupted supply chains have hindered the manufacturing processes of rugged embedded computers. The temporary closure of related businesses has also led to a decline in the acquisition of new rugged embedded computers by industries during the initial quarter of 2020. The repercussions of the COVID-19 pandemic are expected to persist into the first half of 2021 as well.
The global rugged embedded computer market size has been determined through a combination of primary and secondary research methods. The research process commenced with extensive secondary research utilizing both internal and external sources to gather qualitative and quantitative data relevant to the market. This approach also aims to provide an overview and forecast for the rugged embedded computer market across all segments. Furthermore, it offers insights and forecasts based on the segmentation across five major regions?North America, Europe, APAC, MEA, and SAM. Additionally, numerous primary interviews have been conducted with industry stakeholders and experts to validate the data and gain deeper analytical insights. Participants in this process include industry professionals such as VPs, business development managers, market intelligence managers, and national sales managers, as well as external consultants like valuation experts, research analysts, and key opinion leaders specializing in the rugged embedded computer market.