Industrial PC Market Is Expected To See a growth of 6% CAGR by 2032
The size of the worldwide industrial PC market, which surpassed US$ 5 Billion in 2021, is anticipated to increase at a respectable CAGR of 6% between 2022 and 2032, achieving a worth of US$ 9.4 Billion by the end of that year. The global industrial PC market is expanding as a result of the increasing demand for industrial PCs from a variety of industries, including the automotive, oil & gas, electronics, and pharmaceuticals.
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Key Takeaways
• The manufacturing operations of many industries, including semiconductor, consumer electronics, and automotive, are predicted to grow dramatically in the APAC area.
• In the year 2021, the industrial PC market size in the United States was worth US$ 1.1 billion.
• China, the world’s second-largest economy, is expected to reach a market capitalization of US$ 901.7 million by 2026, representing a 6.5 per cent CAGR over the study period as per the emerging trends in the industrial PC market.
• Japan and Canada are two other critical geographic markets, with forecasted growth rates of 3.5 per cent and 3.9 per cent, respectively, over the analysis period.
• Over the projection period, the Semiconductor & Electronics segment is expected to increase at a rapid pace.