Report : North America Rugged Servers Market Forecast to 2030 - Regional Analysis - By Type (Universal and Dedicated) and End User (Aerospace, Oil & Gas, Manufacturing, Telecommunication, Mining, Energy, Logistics, Construction, and Others)
At 5.7% CAGR, the North America Rugged Servers Market is Speculated to be worth US$ 416.66 million by 2030, says Business Market Insights
According to Business Market Insights research, the North America rugged servers market was valued at US$ 268.11 million in 2022 and is expected to reach US$ 416.66 million by 2030, registering a CAGR of 5.7% from 2022 to 2030. Growth of oil & gas and mining sectors and developments in energy & power industry are among the critical factors attributed to the North America rugged servers market expansion.
Oil & gas and mining sectors have been experiencing significant growth in the US over the years. Oil & gas and mining are the two most attractive sectors from the technology developer's perspective, as these two industries are gaining strong traction for advanced technologies. The adoption of advanced technologies continues to prevail, with increasing attraction toward sophisticated and rugged data centers and servers. As oil & gas and mining sectors encounter harsh environments, which degrade the quality of traditional data centers and servers, the demand for rugged data centers and servers is increasing, fueling market growth. The oil & gas sector is witnessing substantial growth in the US. According to the Energy Information Administration (EIA), in 2022, the US natural gas production grew by 4%, to 4.9 billion cubic feet per day [Bcf/d] compared to 2021. Out of the total natural gas production, Appalachia, Permian, and Haynesville accounted for 60% in 2022. Also, as per the same source, the crude oil production in the country is anticipated to average 12.4 million barrels per day (b/d) in 2022 and 12.8 million b/d in 2024. Thus, such growth in oil and gas extraction is surging the adoption of advanced technologies, data security concerns, and a vast amount of data maintenance. As modern technologies are becoming more connected and reliable, and with the evolution of the Internet of Things (IoT), companies in the oil & gas sector are seeking deployment of solutions beyond data centers, such as cloud-based servers, which are allowing them to gain productivity. This has raised the demand for ruggedized servers among companies in the oil & gas sector because of their smooth operability under harsh environmental conditions. Hence, the continuous growth in the oil & gas and mining sectors and the growing adoption of advanced technology in the above sectors to secure data are boosting the growth of the North America rugged servers market.
Various manufacturers are developing rugged servers for the oil & mining industry, combining operational and information technology. In January 2022, Cisco Systems, Inc. launched a new ruggedized Catalyst switch for industrial edge uses at utilities, railways, oil and gas facilities, and highway traffic flow and safety operations deployment. The new rack-mountable Catalyst Industrial Ethernet 9300 switch was built on Cisco's Catalyst 9000 series switches and used in multiple applications, including smart buildings and other industries. Such product development propels the adoption of rugged server technology in the oil & gas and mining industry.
On the contrary, higher adoption of consumer-grade servers in general manufacturing industries hurdles the growth of North America rugged servers market.
Based on type, the North America rugged servers market is bifurcated into universal and dedicated. The dedicated segment held 64.6% share of North America rugged servers market in 2022, amassing US$ 173.29 million. It is projected to garner US$ 280.10 million by 2030 to expand at 6.2% CAGR during 2022–2030.
Based on end user, the North America rugged servers market is segmented into aerospace, oil & gas, manufacturing, telecommunication, mining, energy, logistics, construction, and others. The aerospace segment held 20.6% share of North America rugged servers market in 2022, amassing US$ 55.19 million. It is projected to garner US$ 96.38 million by 2030 to expand at 7.2% CAGR during 2022–2030.
Based on country, the North America rugged servers market is segmented into the US, Canada, Mexico. Our regional analysis states that the US captured 70.2% share of North America rugged servers market in 2022. It was assessed at US$ 188.26 million in 2022 and is likely to hit US$ 298.58 million by 2030, exhibiting a CAGR of 5.9% during 2022-2030.
Key players operating in the North America rugged servers market are Core Systems Inc, CP Technologies LLC, Crystal Group Inc, Dell Technologies Inc, Mercury Systems Inc, NCS Technologies Inc, Sparton Corp, Systel Inc, Trenton Systems Inc, and ZMicro Inc, among others.
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