Overview and Scope
Rugged electronics refer to electronic devices and systems engineered to function reliably in challenging conditions, including extreme temperatures, vibrations, shocks, humidity, dust, water exposure, and other harsh environments. These durable electronics are essential in industries and applications where robustness and resilience are paramount, such as the military, industrial, public safety, oil, and gas sectors, among others.
Sizing and Forecast
The rugged electronics market size has grown strongly in recent years. It will grow from $12.74 billion in 2023 to $13.82 billion in 2024 at a compound annual growth rate (CAGR) of 8.5%. The growth in the historic period can be attributed to the growth in the adoption of rugged devices in industrial automation, increased use of rugged devices in aircraft systems, adoption of rugged devices by police, adoption of ruggedized medical devices for patient monitoring, and raised demand for rugged electronics among outdoor enthusiasts.
The rugged electronics market size is expected to see strong growth in the next few years. It will grow to $19.28 billion in 2028 at a compound annual growth rate (CAGR) of 8.7%. The growth in the forecast period can be attributed to the increasing adoption of rugged IoT devices, growing use of rugged electronics in renewable energy installations, expansion of the rugged electronics market in security applications, increasing demand for rugged devices that support remote work, and integration of rugged electronics in precision agriculture. Major trends in the forecast period include growing military modernization programs globally, expansion in industrial automation, proliferation of IoT devices, urban infrastructure development, and increasing adoption of telemedicine.
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Segmentation & Regional Insights
The rugged electronics market covered in this report is segmented –
1) By Type: Rugged Hard Ware Devices, Industrial Computing And Hand Held Devices, Tracking Devices, Other Types
2) By Level: Semi-Rugged, Fully-Rugged, Ultra-Rugged
3) By Distribution Channel: Direct Sales, Distributors, Online Retailers
4) By End User: Mining And Metal, Power, Chemical, Transportation, Healthcare, Defense, Aerospace, Other End Users
North America was the largest region in the rugged electronics market in 2023. It is expected to be the fastest-growing region in the forecast period. The regions covered in the rugged electronics 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 IoT technologies is expected to propel the growth of the rugged electronics market going forward. IoT technologies encompass interconnected devices that communicate and share data to enable automation, monitoring, and optimization across various domains. Expansion in IoT technologies is driven by the demand for increased efficiency, productivity, and connectivity across various industries and everyday life. IoT technologies utilize rugged electronics to withstand harsh environments and ensure reliable operation in challenging conditions, enhancing their applicability across industries such as manufacturing, agriculture, and transportation. For instance, in September 2022, according to a report published by Ericsson, a Sweden-based telecommunications company, global IoT connections reached 13.2 billion connections in 2022 and are expected to increase by 18% to 34.7 billion connections by 2028. Therefore, the expansion of IoT technologies is driving the growth of the rugged electronics market.
Key Industry Players
Major companies operating in the rugged electronics market report are Dell Technologies Inc.; Panasonic Corporation; General Dynamics Corporation; Schneider Electric SE; Siemens AG; kyocera Corporation; TouchStar Technologies Ltd.; Rockwell Automation Inc.; Zebra Technologies Corporation; Honeywell International Inc.; Trimble Inc.; Leonardo DRS; Curtiss-Wright Inc.; Advantech Co Ltd; Crystal Group; Kontron AG; Mercury Systems Inc; AdLink Technology Inc.; DT Research Inc.; Juniper Systems Inc.; CipherLab Co. Ltd.; General Micro Systems Inc.; MobileDemand L.C.; Mountain Secure Systems Inc.; Getac Technology Corporation
The rugged electronics market report table of contents includes:
1. Executive Summary
2. Rugged Electronics Market Characteristics
3. Rugged Electronics Market Trends And Strategies
4. Rugged Electronics Market – Macro Economic Scenario
5. Global Rugged Electronics Market Size and Growth
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32. Global Rugged Electronics Market Competitive Benchmarking
33. Global Rugged Electronics Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Rugged Electronics Market
35. Rugged Electronics Market Future Outlook and Potential Analysis
36. Appendix
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