Rugged Electronics Market shall reach a value of $2x61.4 Million in 2027, growing with a CAGR of 12.13% during the forecast period of 2020 to 2027.
Market Definition / Research Scope
Rugged electronics are electronics that create to operate reliably in harsh environments and conditions (such as strong vibration, extreme temperatures, and humid or dusty conditions). When you are in the field, you do not have time to worry about your tablet, laptop, or even the computer that will be ruin in the line of duty, the reason for the invention of durable electronics. Rugged devices have experienced a progression of rigid military evaluation tests to guarantee that they can endure circumstances, for example, drops, falls, high elevation, amazingly low or high temperatures, downpour, dust, stun, vibration, radiation, and much more.
Rugged Electronics Market Growth and Trends
The global increase in demand of rugged electronic devices in defense sector and related areas has driven its demand in coming years. The electronic warfare and increased expenditure on military operations are considered as primary factor which is fuelling the growth of rugged electronic market. Another reason for its growth prospect in market is the durability and less downtime. In prevailing situation, the demand of loT devices is rising because of which demand of handheld rugged devices has also beeincreased. Further, the more use of cloud computing and wireless technologies in the n military has led to increase in demand of these electronics. These rugged devices are in demand because they can be used in production floors, production units and at any construction site for safety of public. The military operations involve government controlled communication channels of certain channels which are boosting up the market. Rugged devices have to meet definite standards to get certified, so advancements are made in these advices which also drive the market growth.
Rugged devices though are able to withstand callous environment and c communicate without interruption so are in demand in various flourishing industries like agriculture, oil& gas, construction, aerospace, military and defense. Presently, different types of handheld rugged devices like mobiles, smart-phones, computers and scanners are in demand as they are used in various industries due to their ability to resist corrosion, shock & vibrations and electromagnetic conditions. In automotive industry, the utility of wireless technology, multi-core processors and several other applications are driving the rugged embedded devices market.
Rugged Electronics Market Regional Analysis
Soar in demands for rugged electronics devices in the defense sector and spiraling application of rugged electronics is expected to drive the global rugged electronics market. North America accounts for contributing largely to the market with the US providing the most revenue and presence of major industry players. The Asia Pacific region is expected to witness a brisk surge in the share count owing to growing awareness and the presence of local industry players. Industrial computing and handheld user-friendly devices are estimated to pad the rugged electronics market in the European region while Increasing adoption of rugged electronic devices in the defense sector, power, transportation, and sports is projected to bring about a hasty rise in the Middle Eastern market.
Rugged Electronics Market Share and Competition
Key companies operating in this industry are: Panasonic Corporation, Xplore Technologies, DRS Technologies, MobileDemand, Crystal Group, Mountain Secure Systems, DT Research Inc, Siemens, Schneider Electric and General Dynamics Corporation.
Rugged Electronics Market Research Report Analysis Highlights
• Historical data available (as per request)
• Estimation/projections/forecast for revenue and unit sales (2020 – 2027)
• Data breakdown for every market segment (2020 – 2027)
• Gross margin and profitability analysis of companies
• Price analysis of each product type
• Business trend and expansion analysis
• Import and export analysis
• Competition analysis/market share
• Supply chain analysis
• Client list and case studies
• Market entry strategy
Industry Segmentation and Revenue Breakdown
Type Analysis (Revenue, USD Million, 2020 - 2027)
• Rugged Hard Ware Devices
• Industrial Computing and Hand Held Devices
• Tracking Devices
Application Analysis (Revenue, USD Million, 2020 - 2027)
• Mining and Metal
• Adventure Sports
Region Analysis (Revenue, USD Million, 2020 - 2027)
• United States
• United Kingdom
• South Korea
• Middle East
• Rest of World
Rugged Electronics Market Companies
• Panasonic Corporation
• Xplore Technologies
• DRS Technologies
• Crystal Group
• Mountain Secure Systems
• DT Research Inc
• Schneider Electric
• General Dynamics Corporation
United States Rugged Electronics Market Research Report
Europe Rugged Electronics Market Research Report
Asia Pacific Rugged Electronics Market Research Report
India Rugged Electronics Market Research Report