Market Overview:
Box IPC are used in various end use industries such as rail transit constructions, industrial automation, intelligent service, electric power and energy as these are manufactured to withstand the harsh environments. These are used for controlling the applications such as material handling, packaging and assembly. Moreover, the PLC are being replaced by the Box IPC. With the rising innovations and advantages such as better performance and abundant product type the market of Box IPC is growing.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Historical Period | 2017-2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Beckhoff Automation (Germany), Advantech (Taiwan), General Electric (United States), Kontron (Germany), Mitsubishi Electric Corporation (Japan), Omron Corporation (Japan), Panasonic Corporation (Japan), Rockwell Automation (United States), Schneider Electric (France) and Siemens (Germany) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region or narrow down segments in the final scope subject to feasibility |
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics of major and emerging geographies across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Key Players of BOX IPC Market Study:
Beckhoff Automation (Germany), Advantech (Taiwan), General Electric (United States), Kontron (Germany), Mitsubishi Electric Corporation (Japan), Omron Corporation (Japan), Panasonic Corporation (Japan), Rockwell Automation (United States), Schneider Electric (France) and Siemens (Germany)
BOX IPC Market Segment Analysis
Scope | Sub-Segments |
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Application / End User | Rail transit construction, Industrial automation, Intelligent service, Electric power and energy and Other |
Type | Standalone Industrial Box PC and Embedded Industrial Box PC |
Market Growth Drivers:
Usage in Various End Use Industries Such as Industrial Automation, Electric Power and Energy and Others.
Challenges:
Intense Competition among the Players
Restraints:
High Prices Associated with the IPC and Lack of Skilled Labors
Opportunities:
Increasing adoption rate of IPC is affecting the market positively. The industrial PC offers high performance computing solutions and supports the networks. In addition, it supports the sensors, actuators and display. The factors such as increase in operational efficiency and increasing need of IoT and smart city are contributing towards the market growth.
Some of the other players that are also part of study are KEB Automation (Germany), ESA Elettronica, Adlinktech (Taiwan), EVOC (China), Norco (United States), Contec (Japan), Anovo (France), AAEON (Taiwan), Axiomtek (Taiwan) and B&R (Austria). The Global BOX IPC market is gaining huge competition due to involvement of Europe companies that constantly invest in research & development to meet market expectation with new innovation.
In May 2019, Mitsubishi Electric Corporation has announced that it is acquiring remaining shares of ICONICS which is a software company and focused on SCADA.
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global BOX IPC market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in BOX IPC market.
Identification of total players or companies operating in the global market which is further concentrated to fewer or most impacting players which are considered under the reports scope. In order to make a priority list sorting is done based on revenue generated based on the latest reporting with the help of paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Manufacturers, Raw Material Suppliers, Distributors and Traders, Research Organisations, Government Agencies and Organisations.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.