
Published On: Jan 2024
Published On: Jan 2024
At 6.4% CAGR, the Asia Pacific Rugged Servers Market is Projected to be worth US$ 338.52 million by 2030, says Business Market Insights
According to Business Market Insights research, the Asia Pacific rugged servers market was valued at US$ 206.75 million in 2022 and is expected to reach US$ 338.52 million by 2030, registering a CAGR of 6.4% from 2022 to 2030. Developments in energy & power industry and development of advanced rugged servers are among the critical factors attributed to the Asia Pacific rugged servers market expansion.
In April 2022, Crystal Group Inc.—a leading designer and manufacturer of rugged computer and electronic hardware—launched the CMS-01171, the first iteration of the ES373S17 substation server, the first VMware-validated configuration of virtualization-enabled servers. This system combines real-time automation, cybersecurity, auto-failover, remote management, and zero-trust security features for power grid modernization. Thus, such growing advancements by the market players will further propel the market growth. In addition, over the past few years, the energy & power industry has encountered a significant rise in data, so the demand for advanced data centers has been rising. This has further heightened the requirement for high-end ruggedized servers capable of restraining malicious activities. In the coming decades, digital technologies are set to make the energy & power industry more connected, intelligent, efficient, reliable, and sustainable. This fact highlights the quantity of data the industry is expected to generate, which demands highly secured storage. further creating an opportunity for the growth of the Asia Pacific rugged servers market during the forecast period.
On the contrary, higher adoption of consumer-grade servers in general manufacturing industries hurdles the growth of Asia Pacific rugged servers market.
Based on type, the Asia Pacific rugged servers market is bifurcated into universal and dedicated. The dedicated segment held 68.4% share of Asia Pacific rugged servers market in 2022, amassing US$ 141.46 million. It is projected to garner US$ 243.46 million by 2030 to expand at 7.0% CAGR during 2022–2030.
Based on end user, the Asia Pacific rugged servers market is segmented into aerospace, oil & gas, manufacturing, telecommunication, mining, energy, logistics, construction, and others. The aerospace segment held 21.5% share of Asia Pacific rugged servers market in 2022, amassing US$ 44.46 million. It is projected to garner US$ 82.17 million by 2030 to expand at 8.0% CAGR during 2022–2030.
Based on country, the Asia Pacific rugged servers market is segmented into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. Our regional analysis states that China captured 34.6% share of Asia Pacific rugged servers market in 2022. It was assessed at US$ 71.54 million in 2022 and is likely to hit US$ 126.83 million by 2030, exhibiting a CAGR of 7.4% during 2022-2030.
Key players operating in the Asia Pacific rugged servers market are Crystal Group Inc, Dell Technologies Inc, Systel Inc, and ZMicro Inc, among others.
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