Global Rugged Electronics Market Highlights Key Development Factors and Upcoming Trends During forecast 2017-2025

Posted on 2018-04-26 by Mark Hub in Technology // 0 Comments

Albany, USA, 2018-Apr-26 — /EPR Network/ — In order to study the various trends and patterns prevailing in the overall market for Rugged Electronics, Market Research Reports Search Engine (MRRSE) has included a new report titled “Rugged Electronics Market” to its wide online database. This research assessment offers a clear insight about the influential factors that are expected to transform the global market in the near future. Readers can access the regional as well as segment-wise analysis for acquiring precise information about the global market structure.

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According to a fresh business intelligence study by MRRSE, the global market for rugged electronics is characterized by a presence of a large number of key players that renders intense competition among them. Due to the rising applications of rugged electronics, key players in the market are vying to introduce novel products, thus intensifying competition amongst them.

Prominent names in the global rugged electronics market include Siemens AG, Artesyn Embedded Technologies, Mountain Secure Systems, Crystal Group Inc., General Dynamics Corporation, Kontron AG, NCS Technologies Inc., Schneider Electric SE, Trenton Systems Inc., XES Inc., Systel Inc., Comark Corporation, Core Systems, Curtiss Wright Controls Electronic Systems Inc., General Micro Systems, Leonardo DRS, Rave Computer, Schweitzer Engineering Laboratories, Westek Technology Ltd., and ZMicro Inc.

According to the TMR report, the global rugged electronics market is likely to clock a solid 8.1% CAGR over the 2017-2025 forecast timeframe. Rising at this rate, the market’s valuation of US$9.4 bn in 2017 will become US$17.46 bn by 2025. Product-wise, the industrial computing and handheld devices segment is anticipated to emerge significant in the overall market due to their increasing adoption in a host of industries such as power, transportation, defense, and adventure sports. The defense end-user segment is likely to display the leading growth rate and hold the leading market share over the report’s forecast period. Powered by the U.S, North America is likely to contribute significant revenue to the rugged electronics market in the upcoming years.

One of the key growth drivers of the rugged electronics market is the rising applications of rugged electronics in the defense sector. Modern warfare capabilities considerably bank on communication devices that are monitored by computer systems deployed at a central control unit and use of modern electronics in various combat systems. The steady demand for rugged electronics from the defense sector has been a boon to the rugged electronics market. This is to provide reliable equipment that can function optimally even at battleground. Several nations worldwide are expanding their defense budgets to enhance warfare capabilities with smart combat systems rather than bulky and voluminous war weaponry.

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The power industry is also a playing a pivotal role in the development of the rugged electronics market. The rising demand for smart grids to minimize energy loss and for maximum efficiency of distribution has led to investment in the power sector. This is leading to the adoption of hi-tech equipment such as rugged electronics that can sustain ambient fluctuations. As the power sector is heading to become almost completely free of human supervision, the use of rugged electronics could become a key element of the transformation.

The report also includes competition landscape which include competition matrix, market share analysis of major players based on their 2016 revenues. Of these, major players are profiled in these market which plays the prominent role in the entire ecosystem. Competition matrix benchmarks leading players on the basis of their capabilities and potential to grow. Factors responsible for benchmarking the players are market position, offerings and Research & Development and others factors includes top line growth, market share, segment growth, infrastructure facilities and future outlook that are attributed to company’s potential to grow. This section also identifies various recent developments carried out by the leading players.

Key Players profiled under rugged electronics market are AdLink Technology Inc., Aqeri Holding AB, Artesyn Embedded Technologies, Chassis Plans LLC, Comark Corporation, Core Systems, Crystal Group Inc., Curtiss Wright Controls Electronic Systems, Inc. , General Dynamics Corporation, General Micro Systems, Germane Systems, Kontron AG, Leonardo DRS, Mountain Secure Systems , NCS Technologies, Inc., Rave Computer , Rugged Science, Schneider Electric SE, Schweitzer Engineering Laboratories (SEL), Siemens AG, Systel, Inc., Themis Computer, Inc., Trenton Systems Inc., Westek Technology Ltd., XES (Extreme Engineering Solutions), Inc., ZMicro, Inc.

The global rugged electronics market is segmented as below:

Global Rugged Electronics Market, By Product Type

Rugged Industrial Computing and Hand held Devices
Rugged Tracking Devices
Rugged Hardware Components
Others (Security Cameras, Rugged Drones and Rugged Sensors)

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