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Rugged Electronics Market: Growth in Defense Investments to Maintain Market Growth

Press release Description

Albany, New York, September 18, 2018: Ever-increasing adoption of rugged electronics in the global defense, power, mining, healthcare, and transportation sectors, attributed to high durability, and reduced down time, is expected to boost market demand. Revenues earned from the rugged electronics market are expected to grow at a CAGR of approximately 8.1% through 2025. These insights have been extracted from the report titled “Rugged Electronics Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025” that was recently included in the vast repository of Market Research Reports Search Engine (MRRSE).

The vast spectrum of rugged electronics applications in a variety of industrial computing, handheld, and tracking devices, along with their respective hardware components, are expected to sustain demand for the foreseeable future. This is particularly true in the defense industry owing to increased investments in advanced electronics. However, low order quantities by buyers, lack of awareness, and the prohibitively high cost of rugged electronics in terms of the returns achieved are expected to be major constraining factors for the rugged electronics market through 2025.

The presence of major industry players along with the growing awareness of applications of rugged electronics in a variety of industries, is expected to help North America followed by Europe to maintain their lead in market share. Owing to vast adoption in South-east Asian countries, such as China India and Japan, the Asia Pacific regional market is anticipated to overtake the European market by 2026.

Rugged Electronics Market: Report Synopsis

This report gives readers regional and global level analysis & forecast on the rugged electronics market, in terms of value (US$ Mn), for the forecast period through 2025. Vital social and political dynamics, and a detailed study of economic factors impacting development and requirement for rugged electronics have been examined thoroughly in this report.

A detailed value chain analysis on the rugged electronics market has been offered here in the report, and an end-to-end analysis has been made for a better understanding of the competitive scenario among leaders and emerging market players. A comprehensive market attractiveness analysis, has been included in the report where rugged electronic applications have been assessed on the terms of market size, general attractiveness, and growth rate.

Rugged Electronics Market: Research Methodology

Elaborate first hand discussions and interviews have been conducted with a number of the top industry experts and opinion leaders during the creation of this report. Comprehensive primary and secondary research methodologies have been used, which have helped in offering authentic data on the rugged electronics market. Primary research is the bulk of the research effort, which has been fully validated with an extensive secondary research.

Leading companies and new entrants in the rugged electronics market have been studied, and press releases, annual reports, and other relevant documents have analyzed for an advanced insight on the market’s competitor landscape and for better market understanding. The research approach employed has been proven to be highly successful in harnessing relevant intelligence on the market data, identifying untapped business opportunities, and understanding insights on the actions of industry participants.

Browse Full Global Rugged Electronics Market Report with TOC :

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