Home > > Semiconductor And Electronics > > Industrial Motherboards Market Size, Share, Forecast Report 2031
Id: CBI_1677 | Pages: 327 | Format : PDF | Published : | Author : Pawan Chasta | Category : Semiconductor And Electronics
Industrial Motherboards Market size is estimated to reach over USD 2,992.61 Million by 2031 from a value of USD 2,005.99 Million in 2023 and is projected to grow by USD 2,073.11 Million in 2024, growing at a CAGR of 5.1% from 2024 to 2031.
Industrial motherboards (IMs) are specialized PCBs designed for reliability and durability in challenging environments. They are used for the control of industrial processes and for data capture of entire production systems. These motherboards offer extended lifespans, making them suitable for continuous use in industrial applications. They are designed to operate under harsh conditions such as higher temperature ranges, resistance to vibration and electrical noise, and require stability and power of components. These motherboards provide enhanced connectivity with diverse I/O options and can be customized to meet specific needs. They are used in manufacturing automation for PLCs and robotics, in healthcare for medical devices, in transportation for system management, and in defense and aerospace for communication systems.
Smart factories mark a shift from traditional automation to a fully interconnected system. These advanced setups leverage continuous data streams from connected operations and production systems to adapt to new trends. Motherboards play a crucial role in this transition by serving as the foundation for various smart devices and systems. They enable the integration and analysis of data across the multiple factory sections, which supports multiple communication protocols, and high-speed connectivity.
Hence, the rising development of industrial motherboards for application in smart factories is driving the industrial motherboards market size.
The overall cost of the industrial motherboard is primarily dependent on the cost of production, followed by the cost of raw materials such as aluminum, copper, fiberglass, and others used in the manufacturing of industrial motherboards. As a result, fluctuations in the prices of raw materials impact the overall cost of the industrial motherboard, which is a prime factor restricting the industrial motherboards market demand.
Hence, the instability in prices of raw materials including fiberglass, aluminum, copper, and others that are used in the production of industrial motherboard is restraining the industrial motherboards market size.
Industrial buildings such as warehouses, logistics centers, distribution facilities, and others store or process large quantities of expensive goods that are often monitored in real-time. Hence, industrial motherboards are important in adopting IoT-enabled factories, autonomous transport systems, and smart cities. In smart cities is often installed in industrial buildings to offer advanced real-time analysis within the premises.
Thus, as per the analysis, the rising advancements in industrial motherboards for autonomous management machines are driving the industrial motherboards market opportunities.
Based on the type, the market is segmented into ATX, Mini ITX, Micro ATX, and Nano ITX.
Trends in the type:
The ATX segment accounted for the largest revenue in the year 2023 of the overall industrial motherboards market share.
The Micro ATX is anticipated to register a significant CAGR growth during the forecast period.
Based on the application, the market is segmented into industrial automation, manufacturing, military, security and surveillance, transportation, automotive, and others.
Trends in the Application:
Industrial automation accounted for the largest revenue share of 27.33% in 2023 and is anticipated to register the fastest CAGR during the forecast period.
The regions covered are North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America.
Asia Pacific region was valued at USD 709.64 Million in 2023. Out of this, China accounted for the maximum revenue share of 35.1%. Moreover, it is projected to grow by USD 736.34 Million in 2024 and reach over USD 1,109.96 Million by 2031. The Asia Pacific region's growing pace of industrialization and development offers lucrative growth prospects for the industrial motherboards market expansion. Additionally, the rising industrial motherboard industry in manufacturing sectors is contributing to the growth of industrial motherboards market expansion in the Asia-Pacific region.
North America is estimated to reach over USD 897.48 Million by 2031 from a value of USD 599.02 Million in 2023 and is projected to grow by USD 619.29 Million in 2024. As per the industrial motherboards market analysis, the rising growth for industrial motherboard systems in North America is driven by the high adoption of automotive, automation, advanced technological infrastructure, and the presence of a strong manufacturing sector.
As per the industrial motherboards market analysis, Europe is anticipated to witness significant growth that is supported by the rising adoption of automation and smart factories. Companies investing in research and development to cater to the surging trend for advanced motherboards across the region, thereby driving the industrial motherboards market demand.
The Middle East, Latin America, and Africa are expected to develop at a significant rate due to growing investments in manufacturing industries in countries such as Brazil, UAE, and others, in turn driving the industrial motherboards industry.
The industrial motherboards system market is highly competitive with major players providing products to the national and international markets. Key players are adopting several strategies in research and development (R&D), product innovation, and end-user launches to hold a strong position in the market. Key players in the industrial motherboards industry include-
Product launches:
Partnerships & Collaborations:
Report Attributes | Report Details |
Study Timeline | 2018-2031 |
Market Size in 2031 | USD 2,992.61 Million |
CAGR (2024-2031) | 5.1% |
By Type |
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By Application |
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By Region |
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Key Players |
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North America | U.S. Canada Mexico |
Europe | U.K. Germany France Spain Italy Russia Benelux Rest of Europe |
APAC | China South Korea Japan India Australia ASEAN Rest of Asia-Pacific |
Middle East and Africa | GCC Turkey South Africa Rest of MEA |
LATAM | Brazil Argentina Chile Rest of LATAM |
Report Coverage |
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The Industrial Motherboards Market size is estimated to reach over USD 2,992.61 Million by 2031 from a value of USD 2,005.99 Million in 2023 and is projected to grow by USD 2,073.11 Million in 2024, growing at a CAGR of 5.1% from 2024 to 2031.
Asia-Pacific is the region experiencing the most rapid growth in the industrial motherboard market.
The industrial motherboard system report includes specific segmentation details for type, application, and region.
The key participants in the industrial motherboard market are ADLINK Technology Inc. (Taiwan), Kontron AG (Germany), BCM Advanced Research (United States), Advantech Co. Ltd. (Taiwan), ARBOR Technology Corp. (Taiwan), ASUSTeK Computer Inc. (Taiwan), Avalue Technology Inc. (Taiwan), Axiomtek Co. Ltd. (Taiwan), Corvalent Corporation (United States), DFI (Qisda Corporation) (Taiwan).