Currently, manufacturing companies in multiple industries are actively adopting the Industrial Internet of Things (IIoT) to optimize their resources and costs. This enables them to connect through a wide network of smart devices to automate manufacturing plants and use industrial computers for data acquisition and process control to generate large amounts of manufacturing data. Industrial computers are specifically designed for a harsh industrial environment, mainly used for data acquisition and process control applications. Advanced industrial computers are used in manufacturing to increase productivity, efficiency, and uptime. These PC help connect data, people and machines in real time to control manufacturing operations. They also integrate systems in the manufacturing plant to reduce the total cost of ownership (TCO), increase productivity, and increase uptime.
Therefore, the demand for the industrial Iot of Things is expected to increase the industrial computers.
The size of the global industrial computer market is expected to grow from $4.6 billion in 2021 to $6.1 billion in 2026, according to the latest report released by MarketsandMarkets. The main factors driving the growth of industrial computer market include high demand for industrial Internet of Things, steady development of manufacturing to digital, increasing awareness of resource optimization, and strict regulatory requirements to ensure the safety and security of production factories. In addition, the continuous deployment of intelligent manufacturing solutions and the growing awareness of the advantages of effective IT infrastructure also create profitable opportunities for the industrial computer market.
As smart manufacturing solutions are deployed, it will bring opportunities for industrial computers. Demand for smart manufacturing solutions is growing rapidly due to advanced technology, rapid industrialization, and infrastructure development throughout the manufacturing industry. Attention to alternative energy sources such as renewable energy sources has increased substantially to meet increasing global demand. As a result, some manufacturing companies are investing heavily in renewable energy projects. Global investment in more than U 2.5 trillion in new renewable energy capacity in 2019, according to the United Nations Environment Program (UNEP). As the renewable energy sector grows, demand for industrial computers is expected to increase in the coming years. Growing energy demand can only be met by efficient power production, which requires increased efficiency, flexibility of production facilities, and close monitoring by operators. In this regard, industrial computers help to obtain the data generated by the power plant, enabling the operator to analyze the data to control manufacturing operations. As a result, multiple companies are deploying industrial computers to meet the growing demand for intelligent manufacturing solutions. High initial investment will be an obstacle to the expansion of the industrial computer market. Industrial computers facilitate planning, controlling, and monitoring operations in real time to improve the productivity and efficiency of manufacturing plants. These PC provide higher visibility into the operation, supply and distribution activities in manufacturing plants and make more informed decisions based on the demand model of end users. Still, startups and small and medium-sized businesses cannot afford the high investment needed to purchase. They are used to automate processes, one of the most expensive processes adopted by the factory. Many unforeseen costs, including research and development, preventive maintenance and maintenance, may exceed actual savings from implementing automation. The training costs and space occupied associated with industrial computer operations limited market expansion.
From the sales channels, the direct sales market of industrial computers will grow at a higher compound annual growth rate during the forecast period
Direct selling channels offer various advantages to industrial computer manufacturers that meet the customized requirements of the end-user industry and eliminate dealer markups and the costs and risks associated with holding a large inventory of finished products. Due to these factors, the direct selling channel market is expected to grow at the highest rate during the forecast period.
From the industry perspective, the industrial computer market in discrete industries will grow at a higher compound annual growth rate from 2021 to 2026
Discrete industries are often characterized by the production of single or separate units, where units can be produced in small batches with high complexity, or with low complexity. The growing demand for improved process flexibility and efficiency, comprehensive integration of quality and regulatory requirements, coordinating production processes for optimal supply chain management, and the demand for reduced maintenance and operating costs in discrete industries is expected to drive the adoption of industrial computers in these industries in the near future. In addition, the emergence of new technologies and materials, increasing entry of market participants, and increasing demand for sustained factory productivity and efficiency are expected to drive the growth of the industrial computer market in discrete industries.
Globally, the Asia-Pacific region will be the fastest-growing market for industrial computers during the forecast period
The industrial computer market in the Asia-Pacific region is expected to grow at the highest compound annual growth rate between 2021 and 2026. Rapid industrialization, increased investment in infrastructure in the energy and power industries, and favorable government policies to encourage foreign companies to enter the industrial computer market in the Asia-Pacific region are expected to boost growth in the market during the forecast period. The industrial computer market in the Asia-Pacific region is expected to grow significantly due to growing manufacturing activity in various sectors, including semiconductors, consumer electronics and automobiles. At the same time, high-tech healthcare device manufacturing companies are actively focusing on regional expansion due to increasing demand for healthcare services, increasing health concerns, and increasing investment in research and development. During the forecast period, this could drive growth in the industrial computer market in the Asia-Pacific region.
As a supplementary brand of TAICENN Technology, Mainkco IPC brand will focus on new industrial cutting-edge segment market, so as to provide more valuable industrial computing solution products to customers.
