DUBLIN–(BUSINESS WIRE)–The “Industrial Motherboards Market by Type (ATX, Mini ITX, Micro ATX, Nano ITX), Application (Building Automation, Manufacturing, Military, Security and Surveillance, Transportation, Automotive, and Others), and Region 2024-2032” report has been added to ResearchAndMarkets.com’s offering.
The global industrial motherboards market has been observed to reach a notable valuation, signaling robust growth as industries worldwide increasingly integrate advanced technologies. According to the new market research report, the market size, which stood at US$ 1.9 billion in 2023, is forecasted to escalate to US$ 3.0 billion by 2032, growing at a CAGR of 5.13% during the period from 2023 to 2032.
Technological strides in automation and computing have led to an amplified demand for high-performance industrial motherboards, especially in applications such as smart factories, AI, IoT, and automation across diverse industries. The analysis illuminates key market dynamics and identifies ATX motherboards as holding the majority share, owing to their versatility and high adoption in industrial applications that require robust performance and scalability.
Furthermore, the report sheds light on industrial motherboard applications witnessing significant growth, specifically in building automation, manufacturing, and security. Building automation, attributed to the largest market share, emphasizes the critical role of these motherboards in facilitating intelligent building management systems, thereby enhancing efficiency and optimizing energy consumption.
In analyzing geographical trends, the Asia-Pacific region emerges as the leader, primarily driven by its robust manufacturing base and forward leaps in technological innovation. North America follows suit with its strong focus on incorporating cutting-edge technology into manufacturing and other industrial sectors.
Rapid Market Growth Fueled by Technological Advancements and Industry Automation
- Rapid Technological Innovations: Advancements in chipset capabilities, data processing, and connectivity are pivotal to market growth. The emergence of edge computing enhances these motherboards’ capabilities, enabling faster, energy-efficient, and reliable operations.
- Industrial Automation Surge: A uptick in industry automation underscores the growing repertoire of industrial motherboards, necessitating high computational power for automated systems and smart manufacturing.
- Expansion of Smart Factory Initiatives: Industrial motherboards are key enablers in the transition to smart factories, utilizing real-time data to streamline operations and predictive maintenance.
- Demand for Durable and Reliable Components: The industrial sector’s demand for components that can withstand harsh conditions is heightening, which, in turn, is propelling the industrial motherboards market.
- IoT and IIoT Proliferation: The escalation in IoT and IIoT adoption is revolutionizing industry interconnectivity, creating a surge in demand for industrial motherboards that can power and process data across devices.
Regional Analysis and Key Players in the Industrial Motherboards Landscape
The comprehensive report also delineates regional insights, where Asia-Pacific’s prowess in manufacturing and electronics sets a precedent for market expansion. Key market players, equipped with innovation strategies and regional expansion goals, are responding to these dynamic market conditions by enhancing their product offerings to suit advanced industrial applications.
Industrial motherboards are integral to a breadth of applications, including military operations, the steadily rising security and surveillance sector, and the evolving transportation industry. The robust competitive landscape reflects a consistent drive towards innovation and customization to meet diverse industrial requirements.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 141 |
| Forecast Period | 2023 – 2032 |
| Estimated Market Value (USD) in 2023 | $1.9 Billion |
| Forecasted Market Value (USD) by 2032 | $3 Billion |
| Compound Annual Growth Rate | 5.1% |
| Regions Covered | Global
|
Companies Mentioned
- ADLINK Technology Inc.
- Advantech Co. Ltd.
- ARBOR Technology Corp.
- ASUSTeK Computer Inc.
- Avalue Technology Inc.
- Axiomtek Co. Ltd.
- BCM Advanced Research
- Corvalent Corporation
- DFI (Qisda Corporation)
- IEI Integration Corp.
- Kontron AG
- NEXCOM International Co. Ltd.
- Portwell Inc. (Posiflex Technology Inc.)
For more information about this report visit https://www.researchandmarkets.com/r/59a2d4
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