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Rugged Electronics Market Worth Around 26.4 Billion USD by 2024 with Surge CAGR 8.4% In Global Market

Press release   •   Apr 29, 2019 05:15 EDT

Global Rugged Electronics Market was valued at USD 14.9 billion 2017 and is expected to reach USD 26.4 billion by 2024, at a surge CAGR of 8.4%.

The growth in the market is primarily attributed to the growing applications of rugged cameras and drones in military and defense. Additionally, growing applications of stretchable electronics in healthcare sector and increasing deployment of grade and blower fans in automotive industry are further propelling the market growth. Moreover, implementation of robots in various end–user industries is also boosting the growth of the global rugged electronics market.

The years used for the assessment are as follows:

Historical year : 2014, 2015 and 2016
Base year : 2017
Forecast period : 2018 – 2024

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RESEARCH METHODOLOGY

The research and analysis is based on data and information obtained from various primary and secondary sources. The data obtained is validated by interacting with the companies of the concerned domain. The steps involved in the research methodology are:

Obtaining historical data of the market based on news, articles, publications, annual reports, white papers, and other secondary sources
Interacting with key opinion leaders of the market and developing data points based on interaction with them
Study of past trends in the market and their year on year impact on the market size and share
Analyzing the collected data points
Bridging the data points to calculate the total rugged electronics market and it various segments
Anticipating potential risks
Analyzing market forces such as drivers, restraints, and opportunities to assess new growth areas for the global rugged electronics market. Finalizing the overall size and share for the global rugged electronics market

OBJECTIVES:

To classify the global rugged electronics market into segments on the basis of product type, end-use, and region and analyze their growth prospects individually
To analyze market trends, opportunities, drivers and restraints associated with the global rugged electronics market
Profiling key companies operating in the global rugged electronics market
To study market response with respect to the mergers and acquisitions in the industry

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MARKET SCOPE

The research scope for global rugged electronics market is as follows:

By Product Type
Industrial Devices
Handheld Devices
Rugged Hardware Devices
Tracking Devices
Others

By End-Use
Healthcare
Adventure Sports
Automotive
Defense
Aerospace
Chemicals
Metal and Mining
Power Industry
Others

By Region

North America
S.
Canada
Rest of North America

Europe
UK
Germany
France
Italy
Rest of Europe

Asia-Pacific (APAC)
China
Japan
India
Taiwan
South Korea
Rest of APAC

Middle East and Africa
UAE
South Africa
Rest of Middle East and Africa

Central and South America
Brazil
Rest of Central and South America

FREE ANALYSIS

The growth in the market is primarily attributed to the growing applications of rugged cameras and drones in military and defense. Additionally, growing applications of stretchable electronics in healthcare sector and increasing deployment of grade and blower fans in automotive industry are further propelling the market growth. Moreover, implementation of robots in various end–user industries is also boosting the growth of the global rugged electronics market. However, high cost of the rugged electronic devices may restrain the market growth upto some extent.

The ruggedness of a device has a huge impact in different verticals, such as manufacturing, retail industry among others. As dust, water, and dirt may harm the device’s performance, there is high demand for rugged devices owing to their high durability. Furthermore, in power electronics sector the use of silicon carbide transistors are creating an opportunity for the market growth, owing to high efficiency.

Geographically, North America dominated the global rugged electronics market in 2017, and expected to continue its dominance over the forecast period. The market growth in North America is attributed to the growing demand for rugged electronics in power industries. Moreover, Europe held the second position in terms of revenue owing to the increasing adoption of modern technologies in various end-user industries. Asia-Pacific (APAC) region is expected to register the highest growth rate during 2018-2024. The growth in APAC is mainly driven by growing demand for smart phones and tablets, handheld devices, and rapid development of industrial infrastructure.

Key players in the global rugged electronics market includes Panasonic Corporation; DRS Technologies, Inc.; Xplore Technologies Corp.; Mountain Secure Systems; DT Research Inc.; Crystal Group Inc.; MobileDemand, L.C.; Siemens AG; Schneider Electric among others.

Available customization:

With the given market information, Ameco research offers customization's in line with the company's specific wishes. The following customization choices unit of measurement accessible for the report:
Regional and country-level analysis of the Global Rugged Electronics Market, by end-use.
Detailed analysis and profiles of additional market players.

Table of Contents

Global Rugged Electronics Market Outlook, Trend and Opportunity Analysis, Competitive Insights, Actionable Segmentation & Forecast 2024

CHAPTER 1. Market Scope and Methodology

1.1. Research methodology

1.2. Research scope & assumptions

1.3. List of data sources

CHAPTER 2. Executive Summary

2.1. Rugged Electronics- Market Snapshot

CHAPTER 3. Industry Analysis

3.1. Market definition

3.2. Market segmentation

3.3. Key findings of the global rugged electronics market

3.4. Value chain analysis

3.5. Market opportunities & trends

3.6. Market dynamics

3.6.1. Market driver analysis

3.6.1.1. Growing applications of stretchable electronics in healthcare sector

3.6.1.2. Increasing deployment of grade and blower fans in automotive industry

3.6.1.3. Implementation of robots in various end –user industries

3.6.1.4. Growing applications of drones and security cameras in military and defense

3.6.2. Market restraint analysis

3.6.2.1. High cost of rugged electronic devices

3.6.3. Industry Analysis-Porters five forces of analysis

CHAPTER 4. Competitive Outlook

4.1. Competitive analysis

4.2. Competitive factors

4.3. Strategies adopted

CHAPTER 5. Global Rugged Electronics Market Size and Forecast (2014 – 2024)

5.1. Global Rugged Electronics Market, By Product Type (USD Billion)

5.1.1. Industrial Devices

5.1.2. Handheld Devices

5.1.3. Rugged Hardware Devices

5.1.4. Tracking Devices

5.1.5. Others

5.2. Global Rugged Electronics Market, By End-use (USD Billion)

5.2.1. Healthcare

5.2.2. Adventure Sports

5.2.3. Automotive

5.2.4. Defense

5.2.5. Aerospace

5.2.6. Chemicals

5.2.7. Metal and Mining

5.2.8. Power Industry

5.2.9. Others

CHAPTER 6. Global Rugged Electronics Market Size and Forecast, By Geography (2014-2024)

6.1. North America Rugged Electronics Market (USD Billion)

6.1.1. North America Rugged Electronics Market, By Product Type (USD Billion)

6.1.2. North America Rugged Electronics Market, By End-use (USD Billion)

6.1.3. North America Rugged Electronics Market, By Country (USD Billion)

6.1.3.1. US

6.1.3.2. Canada

6.1.3.3. Rest of North America

6.2. Europe Rugged Electronics Market (USD Billion)

6.2.1. Europe Rugged Electronics Market, By Product Type (USD Billion)

6.2.2. Europe Rugged Electronics Market, By End-use (USD Billion)

6.2.3. Europe Rugged Electronics Market, By Country (USD Billion)

6.2.3.1. UK

6.2.3.2. Germany

6.2.3.3. France

6.2.3.4. Italy

6.2.3.5. Rest of Europe

6.3. Asia-Pacific Rugged Electronics Market (USD Billion)

6.3.1. Asia-Pacific Rugged Electronics Market, By Product Type (USD Billion)

6.3.2. Asia-Pacific Rugged Electronics Market, By End-use (USD Billion)

6.3.3. Asia-Pacific Rugged Electronics Market, By Country (USD Billion)

6.3.3.1. China

6.3.3.2. Japan

6.3.3.3. India

6.3.3.4. Taiwan

6.3.3.5. South Korea

6.3.3.6. Rest of Asia-Pacific

6.4. Middle East and Africa (MEA) Rugged Electronics Market (USD Billion)

6.4.1. MEA Rugged Electronics Market, By Product Type (USD Billion)

6.4.2. MEA Rugged Electronics Market, By End-use (USD Billion)

6.4.3. MEA Rugged Electronics Market, By Country (USD Billion)

6.4.3.1. UAE

6.4.3.2. South Africa

6.4.3.3. Rest of MEA

6.5. Central and South America (CSA) Rugged Electronics Market (USD Billion)

6.5.1. CSA Rugged Electronics Market, By Product Type (USD Billion)

6.5.2. CSA Rugged Electronics Market, By End-use (USD Billion)

6.5.3. CSA Rugged Electronics Market, By Country (USD Billion)

6.5.3.1. Brazil

6.5.3.2. Rest of CSA

CHAPTER 7. Key Players and Strategic Developments

7.1. Panasonic Corporation

7.1.1. Business Overview

7.1.2. Product and Service Offering

7.1.3. Financial Overview

7.1.4. Strategic Developments

7.2. DRS Technologies, Inc.

7.2.1. Business Overview

7.2.2. Product and Service Offering

7.2.3. Financial Overview

7.2.4. Strategic Developments

7.3. Xplore Technologies Corp.

7.3.1. Business Overview

7.3.2. Product and Service Offering

7.3.3. Financial Overview

7.3.4. Strategic Developments

7.4. Mountain Secure Systems

7.4.1. Business Overview

7.4.2. Product and Service Offering

7.4.3. Financial Overview

7.4.4. Strategic Developments

7.5. DT Research Inc.

7.5.1. Business Overview

7.5.2. Product and Service Offering

7.5.3. Financial Overview

7.5.4. Strategic Developments

7.6. Crystal Group Inc.

7.6.1. Business Overview

7.6.2. Product and Service Offering

7.6.3. Financial Overview

7.6.4. Strategic Developments

7.7. MobileDemand, L.C.

7.7.1. Business Overview

7.7.2. Product and Service Offering

7.7.3. Financial Overview

7.7.4. Strategic Developments

7.8. Siemens AG

7.8.1. Business Overview

7.8.2. Product and Service Offering

7.8.3. Financial Overview

7.8.4. Strategic Developments

7.9. Schneider Electric

7.9.1. Business Overview

7.9.2. Product and Service Offering

7.9.3. Financial Overview

7.9.4. Strategic Developments

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