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Global Rugged IC Market 2018-2022 | Growth of Rugged loT to Encourage Growth | Technavio

January 2, 2019

LONDON--(BUSINESS WIRE)--Jan 2, 2019--The global rugged IC market is expected to post a CAGR of over 6% during the period 2018-2022, according to the latest market research report by .

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Technavio predicts the global rugged IC market to post a CAGR of over 6% by 2022. (Graphic: Business Wire)

A key factor driving the growth of the market is the adoption of ruggedized computers in defense applications. The increasing demand for ruggedized computers and embedded boards used in robots for mission-critical applications in the defense sector is driving the global rugged IC market. Recent application areas wherein ruggedized computers are being used include logistics and cargo transportation, maintenance of vehicles and machinery, and medical industry.

This market research report on the also provides an analysis of the most important trends expected to impact the market outlook during the forecast period. Technavio classifies an emerging trend as a major factor that has the potential to significantly impact the market and contribute to its growth or decline.

This report is available at a USD 1,000 discount for a limited time only:

In this report, Technavio highlights the growth of rugged loT as one of the key emerging trends in the global rugged IC market:

Global rugged IC market: Growth of rugged loT

A major diver for the global rugged IC market is the deployment of loT in the industrial sector. loT is being deployed across several industries by integrating sensors with manufacturing equipments located at manufacturing and production plants. The current trend of data exchange and automation in manufacturing technologies is called the Industry 4.0. Industry 4.0 includes cyber-physical systems, loT, cloud computing, and cognitive computing.

“Manufacturing of an electronic device needs to be designed from inside out. Rugged ICs are the main components where temperature control is of the highest importance. IoT’s ability in automating maintenance and operations of the machine, standardizing the processes of a machine, improving the traceability and visibility of the process, and ensuring the safety of rugged devices through automation and real-time updates are some of the advantages of IoT,” says a senior analyst at Technavio for research on semiconductor equipment.

Global rugged IC market: Segmentation analysis

This market research report segments the global rugged IC market by application (rugged mobile computers, rugged tablets, and rugged scanners) and geographical regions (APAC, EMEA, and the Americas).

The rugged mobile computers segment held the largest market share in 2017, accounting for over 59% of the market. This application segment is expected to dominate the global market throughout the forecast period.

The Americas led the market in 2017 with a market share of nearly 50%. This region is expected to dominate the market through 2022, however, there will be a decrease in its market share by over 2%.

Looking for more information on this market?

Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.

Some of the key topics covered in the report include:

Market Landscape

Market ecosystem Market characteristics Market segmentation analysis

Market Sizing

Market definition Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

Regional comparison Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

Vendors covered Vendor classification Market positioning of vendors Competitive scenario

About Technavio

is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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View source version on businesswire.com:https://www.businesswire.com/news/home/20190102005465/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

www.technavio.com

KEYWORD: EUROPE ASIA PACIFIC NORTH AMERICA SOUTH AMERICA AFRICA MIDDLE EAST

INDUSTRY KEYWORD: TECHNOLOGY HARDWARE SEMICONDUCTOR MANUFACTURING ENGINEERING PROFESSIONAL SERVICES OTHER PROFESSIONAL SERVICES

SOURCE: Technavio Research

Copyright Business Wire 2019.

PUB: 01/02/2019 11:43 AM/DISC: 01/02/2019 11:43 AM

http://www.businesswire.com/news/home/20190102005465/en

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