Global Industrial Panel PC Market 2017-2021
About Industrial Panel PC
Industrial panel PCs are incorporated with an LCD, motherboard, and other electronic components in the same enclosure. These panel PCs assimilate touchscreens for user interaction. They are used in manufacturing and non-manufacturing industries. These panel PCs are used in automation systems integration, smart buildings, process and discrete manufacturing, HMI, smart transportation, machine automation, and across original equipment manufacturers (OEMs). Panel PCs have become highly essential for both manufacturing and non-manufacturing industries for recording and controlling the industrial processes, and aiding in the optimization of the production process through appropriate data analysis.
Technavio’s analysts forecast the global industrial panel PC market to grow at a CAGR of 5.79% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global industrial panel PC market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market through the study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Industrial Panel PC Market 2017-2021
Technavio recognizes the following companies as the key players in the global industrial panel PC market: AAEON, Advantech, Beckhoff Automation, Kontron, and Siemens.
Other Prominent Vendors in the market are: Arista, Axiomtek, Barco, Computer Dynamics, Litemax, National Instruments, Pepperl+Fuchs, RGB Spectrum, Rockwell Automation, Sparton, and Teguar Computers.
Commenting on the report, an analyst from Technavio’s team said: “One trend in market is emergence of IoT and smart factory. The emergence of IoT and Industry 4.0 technology is continuously escalating the demand for automation products in the last few years. The rising implementation of IIoT and cloud-based computing has resulted in rapid technological advances across various industrial devices. Thus, the higher adoption of IIoT and cloud-based computing is likely to bring technological disruption in connectivity for industrial panel PCs.”
According to the report, one driver in market is increasing demand for fan-less panel PCs. Many traditional panel PCs utilize a fan to cool down the heat generated due to processors. Though these fans are well suited for commercial PCs, they are highly vulnerable to demanding industrial environments. Industrial environments are more demanding due to the presence of large dust particles, wide temperature fluctuations, shocks, and random vibrations. In these conditions, fans attract dust particles. In addition, if the fan fails for any technical reason, the entire system will face a severe threat of overheating. In the recent days, manufacturers are involved in mass production that utilizes powerful processing units to manage important data. These processors are capable of handling a large set of data but generate more heat as compared with the older version. It is noted that most of the malfunctions in panel PCs occur due to the heavy amount of heat. Thus, panel PC manufacturers combat this problem by implementing a fan-less system for dissipation of heat through heat sink technology.
Further, the report states that one challenges in market is increasing volatility of business and industry conditions. The demand for industrial products is highly dependent on macroeconomic variables. For example, during 2014-2015, the dip in crude oil price has created a crisis for the manufacturers of oil and gas and its allied industries, resulting in very low capital investments in the industrial sector during this period. Thus, due to limited business expansion, the industrial panel PC market saw a flat growth during 2014-2016. In addition, the economic slowdown ensued disruption in payment and supply chain systems that had a direct impact on the business operations of panel PC manufacturers.
AAEON, Advantech, Beckhoff Automation, Kontron, Siemens, Arista, Axiomtek, Barco, Computer Dynamics, Litemax, National Instruments, Pepperl+Fuchs, RGB Spectrum, Rockwell Automation, Sparton, and Teguar Computers.
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