Technavio, a tech-focused market research firm, has published a new report on the global industrial motherboards market, which is expected to experience steady growth rate with a CAGR of more than 6% during the forecast period 2017-2020.
This latest report by Technavio covers the market outlook and growth prospects of the global industrial motherboards market for 2017-2020, considering 2016 as the base year. In addition, an overview of the market, key leading countries, vendor landscape, and a detailed analysis of the top vendors operating in this market are covered in the report.
Based on geographical division, Technavio market researchers segment the global industrial motherboards market into the following key regions: the Americas, APAC, and EMEA.
Geographical segmentation of the global industrial motherboards market for 2016 (market share %)
APAC |
40.58% |
EMEA |
34.65% |
Americas |
24.77% |
Source: Technavio
APAC: largest revenue generating region for industrial motherboards
During 2016, the industrial motherboards market in APAC accounted for almost 41% of the global market. The market’s growth in this region is attributable to APAC’s flourishing discrete and process industries. Favorable government policies such as Made in China 2025, Make in India, Vision 2020 Vietnam 2035 Vision, Malaysia’s Wawasan 2020 (Vision 2020), and Indonesia Vision 2030 are expected to spur further growth of the industrial motherboards market in APAC during the forecast period.
According to Bharath Kanniappan, a lead analyst at Technavio for automation, “APAC has a market share of more than 50% in automotive production, which is expected to increase to 55% during the forecast period. With favorable legislatures and initiatives, such as Made in China 2025 and Make in India, most automakers are establishing new production plants that are equipped with automation, robotic solutions, and process control like DCS, PLCs, or PCs to meet global standards. Automation and robotics are used to perform critical processes like material handling, assembly, packaging, and welding. These machines and process control technology require industrial motherboards like ATX and Mini ITX to carry out various functions.”
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Industrial motherboards market in EMEA
The industrial motherboards market in EMEA accounted for almost 35% of the global market during 2016. The market is expected to experience slow growth during the forecast period owing to the mature nature of the market. The rate of innovation in industrial motherboards technology has been declining to prevent frequent upgrades, which further increases the end user’s cost burden.
In EMEA, despite the dominance of coal power plants, there is growing emphasis on renewable energy resources such as solar energy. Countries such as the UK, Germany, Italy, France, South Africa, Nigeria, and Iran are enforcing strict legislations regarding emissions. The use of DCS, PLCs, industrial PCs in power substations enhances efficiency, allows control over power distribution, remote monitoring of the smart power grids, and lowers energy wastage by real-time monitoring of data.
Industrial motherboards market in the Americas
The market for industrial motherboards in the Americas is expected to undergo moderate growth during the forecast period. The slow development of the market is attributable to relatively higher rates of manufacturing activity in resource and labor-rich settings in APAC and regions like Eastern and Central Europe. Exploration of unconventional hydrocarbon resources, such as shale oil and gas, tight oil, extra tight oil, and basin-centered gas, in the US and Canada, requires continuous monitoring of various upstream and midstream processes such as drilling, fracturing, motor control for pump systems, and monitoring of pipelines. These critical operations can be effectively regulated by means of process control systems like DCS, industrial PCs, and PLCs, thereby, augmenting the demand for motherboards in the region.
The top leading vendors operating in the global industrial motherboards market are:
- Advantech
- Kontron
- Beckhoff Automation
- Avalue Technology
Other prominent vendors in the market include ADLINK Technology, Arbor, ASRock, Asus, Axiomtek, BCM, COMMELL, Corvalent, DFI, EVOC, Fujitsu, Habey USA, IEI Integration, NEXCOM, Portwell, and Texas Instruments.
A more detailed analysis is available in the Technavio report titled, ‘Global Industrial Motherboards Market 2017-2021’. Technavio also customizes reports by other regions and specific segments upon request.
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