Embedded Automation Computers Global Market
Overview and Scope
Embedded automation computers are specialized devices integrated into industrial equipment to automate tasks with minimal human intervention. They feature rugged hardware, interface with sensors and actuators, run real-time operating systems, and are programmed to execute control algorithms. They improve efficiency, reliability, and safety in industries like manufacturing and transportation.
Sizing and Forecast
The embedded automation computers market size has grown strongly in recent years. It will grow from $33.10 billion in 2023 to $37.44 billion in 2024 at a compound annual growth rate (CAGR) of 9.8%. The growth in the historic period can be attributed to rise in demand for real-time monitoring and control, focus on energy efficiency and sustainability, rise in demand for remote access and control solutions, adoption of edge computing for faster data processing, adoption of automation in retail and e-commerce.
The embedded automation computers market size is expected to see strong growth in the next few years. It will grow to $51.71 billion in 2028 at a compound annual growth rate (CAGR) of 8.4%. The growth in the forecast period can be attributed to increasing adoption of industrial internet of things (IIoT), growth of automation in logistics and supply chain management, rise in demand for autonomous vehicles and drones, growth of smart manufacturing initiatives, adoption of automation in agriculture and farming. Major trends in the forecast period include integration of machine vision systems for quality control, expansion of automation in the banking and finance sector, integration of virtual reality for training purposes, integration of IoT sensors for data collection.
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Segmentation & Regional Insights
The embedded automation computers market covered in this report is segmented –
1) By Type: Single Board Computers (SBC), Rugged Industrial Box PC, Vehicle Computer, Internet of Things (IoT) Gateways
2) By Application: Industrial Automation, Transportation, Energy And Power, Other Applications
3) By End-User: Information Technology (IT) And Telecommunication, Automotive, Manufacturing, Healthcare, Aerospace And Defense, Others End-Users
North America was the largest region in the embedded automation computers market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the embedded automation computers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The expansion of the automotive industry is expected to propel the growth of the embedded automation computers market going forward. The automotive industry refers to a sector involving various companies and organizations engaged in designing, developing, manufacturing, marketing, selling, repairing, and modifying motor vehicles. The automotive industry is growing due to advancements in autonomous driving technologies, driving a transformative shift in the traditional automotive landscape. Embedded automation computers in the automotive industry enable real-time processing, data analytics, and control, enhancing vehicle safety and performance and implementing advanced driver assistance systems (ADAS). For instance, according to the European Automobile Manufacturers Association, a Belgium-based automobile manufacturers association, in 2022, the global production of motor vehicles reached 85.4 million units, reflecting a notable increase of 5.7% compared to 2021. Therefore, the expansion of the automotive industry is driving the growth of the embedded automation computers market.
Key Industry Players
Major companies operating in the embedded automation computers market are Siemens AG, General Electric Company, Panasonic Corporation, Mitsubishi Electric Corporation, Schneider Electric SE, Honeywell International Inc., ABB Ltd., Emerson Electric Co., Delta Electronics Inc., Rockwell Automation Inc., Omron Corporation, Bosch Rexroth AG, Festo AG & Co. KG, Phoenix Contact GmbH & Co. KG, Moog Inc., Yokogawa Electric Corporation, National Instruments Corporation, B&R Industrial Automation GmbH, Beckhoff Automation GmbH & Co. KG, Pilz GmbH & Co. KG, Advantech Co. Ltd., Keyence Corporation, WAGO Kontakttechnik GmbH & Co. KG, Kontron S&T AG, Cognex Corporation, Pepperl+Fuchs GmbH, Lanner Electronics Inc
The embedded automation computers market report table of contents includes:
1. Executive Summary
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