NEW YORK, March 22, 2022 /PRNewswire/ -- The rugged devices market is expected to grow by USD 1.67 bn from 2019 to 2024. The growth momentum of the market will progress at a CAGR of 5%. This report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
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Rugged Devices Market 2020-2024: Vendor Analysis and Scope
The rugged devices market is concentrated, and the degree of concentration will accelerate during the forecast period. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments while maintaining their positions in the slow-growing segments.
To help businesses improve their market position, the rugged devices market provide a detailed analysis of around 25 vendors operating in the market. Some of these vendors include Caterpillar Inc., CipherLab Co. Ltd., Datalogic Spa, Handheld Group AB, Honeywell International Inc., Kyocera Corp., Panasonic Corp., Samsung Electronics Co. Ltd., TouchStar Technologies Ltd., and Zebra Technologies Corp. The key offerings of some of these vendors are listed below:
The report also covers the following areas:
Factors such as emerging applications of rugged handheld devices are likely to emerge as one of the primary drivers of the market. However, factors such as the use of consumer-grade devices in place of rugged devices may threaten the growth of the market.
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Rugged Devices Market 2020-2024: Segmentation
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Rugged Devices Market 2020-2024: Regional Analysis
North America will account for 32% of the market's growth during the forecast period. The US is a key country for the rugged devices market in North America. However, market growth in this region will be slower than the growth of the market in South America, APAC, and MEA. The use of rugged devices in warehouse and logistics and in the defense sector will drive the rugged devices market growth in North America during the forecast period.
Rugged Devices Market 2020-2024: Key Highlights
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Rugged Devices Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2019 |
Forecast period |
2020-2024 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5% |
Market growth 2020-2024 |
USD 1.67 billion |
Market structure |
Concentrated |
YoY growth (%) |
2.84 |
Regional analysis |
North America, Europe, APAC, South America, and MEA |
Performing market contribution |
North America at 32% |
Key consumer countries |
US, Germany, China, UK, and Japan |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Caterpillar Inc., CipherLab Co. Ltd., Datalogic Spa, Handheld Group AB, Honeywell International Inc., Kyocera Corp., Panasonic Corp., Samsung Electronics Co. Ltd., TouchStar Technologies Ltd., and Zebra Technologies Corp. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for the forecast period, |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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Table of Contents
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Product
Market Segmentation by End-user
Market Segmentation by Type
Customer Landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
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