(IT-NEWSWIRE.COM, June 14, 2018 ) Global Industrial Tablet PC Market 2018-2023:
The global industrial tablet PC market is expected to register a CAGR of 6.1% during the forecast period (2018 – 2023). There is a massive consumption of these devices, owing to factors, such as rugged and compact tablet PC design, along with reduced vibration and friction hold. Emerging economies, such as Brazil, India, UAE, Saudi Arabia, Malaysia, Indonesia, and Thailand, are expected to drive the market growth over the forecast period. Asia-Pacific has been witnessing rapid technological development, offering massive scope for players in the market.
The major players include - PANASONIC CORPORATION, ADVANTECH CORPORATION, GETAC TECHNOLOGY CORPORATION, ZIH CORP., AD LINK TECHNOLOGY INC., ARBOR TECHNOLOGY CO. LTD, SIEMENS AG, GLACIER COMPUTER, NEXCOM INTERNATIONAL CO. LTD, and MOBILE DEMAND, LLC, amongst others.
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Panasonic Corporation, Advantech Corporation, Getac Technology Corporation, ZIH Corp., ADLINK Technology Inc., ARBOR Technology Co. Ltd, Siemens AG, Glacier Computer, NEXCOM International Co. Ltd, Mobile Demand, LLC
Demand For Handheld Devices and Rugged Industrial Computing are Exponentially Growing in the Manufacturing Sector
Industrial tablets are growing in popularity in the manufacturing sector. The manufacturing vertical chooses to deploy industrial tablets due to their reliability and durability. The tablets are integrated with serial ports, authentication, RFID, and card readers which enable communication with any industrial third-party device. The result of using industrial tablets is that it can efficiently capture data, process it, and provide accurate data which increases the workforce efficiency by eliminating cumbersome and inefficient paper trials. Industrial tablet PCs are taking the productivity of manufacturing units to new heights.
The industrial rugged tablet PCs are observed to perform better than commercial devices, as the companies realize cost benefits. With commercial tablets, the initial purchase price makes on 20-35% of the total cost of ownership of the device. Fail rates, down-times, maintenance, and security issues due to the insufficient ruggedness of consumer devices add up to a significant amount of the total cost ownership of consumer devices. The industrial grade tablet PC’s total cost of ownership is less than that compared to commercial tablet PCs which makes them the best choice in the industry.
Transport & Logistics is expected to Grow Significantly in the Forecast Period
The transport & logistics industry is observing an exponential growth of omnichannel shopping and the high demand for faster product deliveries is redefining the supply chain distribution of consumer goods. There is a phenomenal change in the way of shopping from multiple platforms, such as from desktops to mobile devices, and stores have created the need for smarter warehouse management to serve consumers. Retailers are merging their online operations and store operations to match the pace of the market.
The supply chain networks are poised to undergo an extreme makeover in the coming years. The transportation & logistics sector is transforming to the best of warehouse management systems, which are automated to new heights by equipping their staff with mobile devices that increase speed and accuracy of the order picking and radio frequency identification technology (RFID) for real-time inventory visibility. Simultaneously, executives of the industry are planning to roll out more warehouses to expand their size and retrofitting from conventional systems to highly mechanized facilities in order to reduce costs and quickly respond to the customer needs which will influence the growth of industrial tablet PCs.
North America Expected to Experience Steady Growth
North America is one of the leading regions of the global transportation & logistics industry. Moreover, the growing investments in the energy sector are also expected to drive the North American market. The energy industry, which is the third largest industry in the United States, is attracting a large number of investments. For instance, according to Bloomberg New Energy Finance (BNEF), the United States is expected to invest nearly USD 700 million over the next 20 years in order to drive the renewable energy capacity which is expected to drive the market for industrial tablet PC market in the region.
The other factors driving the market growth in North America are the increasing adaption rate of industrial tablet PC in the defense industry. One of the programs developed by the Department of Defense is Medical Communications for Combat Casualty Care (MC4), which enhances medical situational awareness for operational commanders. The MC4 team recently ordered 3,750 Getac S410 semi-rugged notebooks, which will be used to help digitally log medical treatment data of service members and their operational environment.
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Key Developments in the Market
January 2018 - Endress+Hauser introduced Field Xpert SMT70 Tablet PC. The Field Xpert SMT70 supports HART, Profibus DP/PA, Foundation Fieldbus, Modbus, CDI, and Endress+Hauser service interfaces. The Field Xpert SMT70 is a rugged tablet PC to commission and maintainn by the staff to manage field instruments and document the work progress. The Field Xpert device library has more than 2,700 pre-installed device and communication drivers, allowing it to work with many different instruments from a wide variety of vendors.
January 2018 - Xplore launches New XBOOK B10 and XBOOK D10 detachable 2-in-1 mobile computers that expand the rugged mobility while offering versatile windows and android solutions. These rugged tablet-based mobile office solutions is expected to be equipped with the usability features, high-performance Intel processing power and professional-grade security requirements that utilities, manufacturers, and public safety agencies need to provide a consistent and easily-managed computing experience to both field-based and office-bound workers.
Reasons to Purchase this Report
Impact of the growing demand for handheld devices in the manufacturing sector of the global market
Analyzing various perspectives of the market with the help of Porter’s five forces analysis
Identifying the segment that is expected to dominate the market
Identifying the regions that are expected to witness the fastest growth during the forecast period
Identify the latest developments, market shares, and strategies employed by the major market players
3-month analyst support, along with the Market Estimate sheet (in Excel)
Customization of the Report
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Table Of Content:
2. Research Approach and Methodology
3. Executive Summary
4. Market Dynamics
5. Market Overview
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