Industrial Mainboards Market Size was valued at USD 1.6 Billion in 2022. The Industrial Mainboards market Sales Channel is projected to grow from USD 1.7 Billion in 2023 to USD 2.7 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 5.90% during the forecast period (2023 - 2032). The expanding integration of connected vehicles with advanced driving-assistance systems (ADAS) and the rising demand for in-car safety solutions to increase driver and passenger safety, are the key market drivers enhancing the market growth.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Industrial mainboards are used in the automotive industry to manage a number of internal car components, including the doors, signs, odometers, ignitions, cameras, and payment terminals. This is one of the main factors driving the market's rise globally, coupled with increased demand for in-car safety solutions and expanding connected vehicle integration with advanced driver-assistance systems (ADAS) to improve driver and passenger safety. The market is also gaining from the increase in demand for premium and autonomous vehicles. Rising sales of gaming laptops and desktops are helping the market, which is benefiting from the growing popularity of both casual and competitive gaming. They support increased device compatibility, CPU overclocking, and a range of gaming features. The rise in the number of automated teller machines (ATMs) in urban and rural areas is another factor driving the need for industrial mainboards globally. Medical devices that use industrial mainboards more frequently include MRI, CT, surgical imaging, ultrasonic medical equipment, disinfection robots, medical video recorders, patient monitors, X-ray imaging, medicine sorting, and drug barcode scanners. The growing acceptance of Industry 4.0, the emergence of automation, and the growing demand for electronic device miniaturisation are additional factors supporting the market's upbeat future.
According to IBEF, domestic electronics production in India increased from USD 29 billion in 2014–15 to USD 67 billion in 2020–21. India is renowned for being a significant manufacturing hub. 3.4% of India's GDP is contributed by the electronics industry. The government has allocated over USD 17 billion for the four PLI Schemes, which span IT hardware and components, cellphones, semiconductors, and design. Local industrial mainboard manufacturers will have the opportunity to create new products and offer services for a range of consumer electronics devices as a result of such substantial investments. At the end of the current fiscal year, the Directorate General of Commercial Intelligence and Statistics calculates that India exported computer hardware worth around USD 415 million. This significant increase from the prior year increased demand for industrial mainboards.
For the Industry 4.0 2030 plan, Germany is focusing on the three strategic action sectors of autonomy, interoperability, and sustainability. The platform's contributors present a thorough plan for altering the neighborhood's digital ecosystem in line with this 2030 vision. By focusing on open ecosystems, diversity, and plurality as well as encouraging competition among all market participants, they aim to create a framework for the future data economy that meets the requirements of a social market economy while taking advantage of the particular circumstances and well-established strengths of the German industrial base. Thus, driving the Industrial Mainboards market revenue.
The Industrial Mainboards Market segmentation, based on type, includes ATX, mini ITX, micro ATX, nano ITX, pico ITX, and COM express. ATX industrial mainboards segment dominated the global market in 2022. The expansion card format known as ATX was first developed for home computers. It is now widely used in all kinds of consumer electronics, including PCs, laptops, tablets, and smartphones, and has become the de facto standard in the PC industry. Due to its modular design, ATX is compatible with a variety of devices and components, which is the main driver promoting its expansion.
The Industrial Mainboards Market segmentation, based on application, includes building automation, manufacturing, military application, security and surveillance, factory automation, transportation, automotive industry, medical, and gaming. Building automation segment dominated the Industrial Mainboards Market in 2022. The expansion can be ascribed to an increase in industrial applications for building management systems in developed economies like the U.S., Canada, and Germany. Building automation is also fueled by governments in various parts of the world placing more and more focus on energy efficiency and sustainable development.
The Industrial Mainboards Market segmentation, based on component, includes CPU, GPU, chipset, memory. CPU segment dominated the Industrial Mainboards Market in 2022. This is due to a rise in demand for mainboards across numerous industry sectors.
The Industrial Mainboards Market segmentation, based on sales channel, includes OEM and aftermarket. OEM segment dominated the global market in 2022. This is a result of OEMs' growing need for industrial mainboards.
Figure 1: Industrial Mainboards Market, by Sales Channel, 2022 & 2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. The North America Industrial Mainboards Market dominated this market in 2022 (45.80%). This is due to the existence of significant industry participants in the United States, Canada, and Mexico. Due to the increasing demand from numerous end-use industries, including the automotive, food and beverage, and pharmaceutical industries, among others, the region is also a significant user of industrial automation equipment. Further, the U.S. Industrial Mainboards market held the largest market share, and the Canada Industrial Mainboards market was the fastest growing market in the North America region.
Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 2: INDUSTRIAL MAINBOARDS MARKET SHARE BY REGION 2022 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe Industrial Mainboards market accounted for the healthy market share in 2022. This is explained by increasing demand for luxury and autonomous vehicles, industrial automation, and gaming laptop and desktop sales. Further, the German Industrial Mainboards market held the largest market share, and the U.K Industrial Mainboards market was the fastest growing market in the European region
The Asia Pacific Industrial Mainboards market is expected to register significant growth from 2023 to 2032. This is due to an increase in demand from nations like China, India, Japan, and South Korea for industrial automation and factory automation systems. Moreover, China’s Industrial Mainboards market held the largest market share, and the Indian Industrial Mainboards market was the fastest growing market in the Asia-Pacific region.
Leading market players are investing heavily in research and development in order to expand their product lines, which will help the Industrial Mainboards market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, Industrial Mainboards Industry must offer cost-effective items.
Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the global Industrial Mainboards Industry to benefit clients and increase the market sector. In recent years, the Industrial Mainboards Industry has offered some of the most significant advantages to medicine. Major players in the Industrial Mainboards market, including Advantech, Kontron, Beckhoff Automation, Avalue Technology, ADLINK Technology, Arbor, ASRock, Asus, Axiomtek, BCM, COMMELL, Corvalent, DFI, EVOC, Fujitsu, Habey USA, IEI Integration, NEXCOM, Portwell, and Texas Instruments, are attempting to increase market demand by investing in research and development operations.
Open automation systems built on programmable controller technology are offered by Beckhoff Automation and are designed to be applied in a wide range of various applications. The company provides a variety of products, including industrial programmable controllers, I/O and Fieldbus components, drive technologies, and automation industrial mainboards, giving customers access to parts that may be seamlessly integrated into a control system.
Components for embedded computer, communications, transportation, test and measurement, industrial, and automation applications are produced by Taiwan-based Adlink Technology Inc. Motherboards, blades, chassis, modules, smart touch computers, displays, and test and measurement tools are all part of the company's extensive product line. With offices in the Americas, Singapore, China, Japan, Korea, and Germany as well as design and technology hubs there, Adlink has activities throughout the world.
April 2023: The new Intel Atom Embedded Industrial motherboards, EMX-EHLP, featuring Intel Celeron/Atom SoC BGA Processor (Elkhart Lake Platform 4.512W), were introduced by Avalue Technology, a leading provider of industrial PC solutions globally.
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