Industrial Raspberry Pi Market - Forecast(2024 - 2030)
Industrial Raspberry Pi Market Overview
The
Global Industrial Raspberry Pi market size is forecast to reach $385 million by 2026,
growing at a CAGR of 15.7% from 2021 to 2026. Raspberry Pi can be
referred as those single-board computers having embedded computing boards
serving programmable logic controller applications, industrial PCs and others.
Growing demand for wireless networking devices over wired ones in industries,
adoption of raspberry pi based industrial protocol support end sue products
along with penetration of IoT have been attributed to the market
growth. Additionally, growing shift towards IoT based industrial automation as
well as rising demand for smart or intelligent warehousing and inventory
management services have been also driving the market growth forward.
Industrial Raspberry Pi Market Report Coverage
The report: “Industrial Raspberry Pi Market Forecast (2021-2026)”, by IndustryARC,
covers an in-depth analysis of the following segments of the Industrial
Raspberry Pi Market.
By Model Type: Raspberry Pi A/B/A+/B+, Raspberry Pi 2B, Raspberry
Pi Zero W/WH, Raspberry Pi 3 B/A+/B+, Raspberry Pi 4B/400
By End product: Industrial PC, PLC, Display Units, IoT Gateways,
Controllers, Camera, Others
By Application: Process C
By Industry Vertical: Food & Beverages, Oil
& Gas, Transportation & Logistics, Chemicals, Power Generation,
Utilities, Others
By Geography: North America (U.S., Canada,
Mexico), Europe (U.K., Germany, Italy, France, Spain, Others); APAC (China,
Japan, South Korea, India, Australia, Others), South America (Brazil,
Argentina, Others), RoW (Middle East, Africa)
Key Takeaways
- Industrial PCs are analyzed to emerge with the fastest growing segment in the global industrial raspberry pi market during 2021-2026, due to adoption of industrial computers in IoT control or robotic monitoring applications.
- North America Industrial Raspberry Pi market held the largest share in 2020, owing to shift towards industrial automation and growing demand for wireless automated control solutions.
- Rise in smart or intelligent warehousing and inventory management services along with growing shift towards industrial automation with IoT adoption are analyzed to significantly drive the market growth during the forecast period 2021-2026.
Global Industrial Raspberry Pi Market Value Share, By Geography, 2020 (%)
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Industrial Raspberry Pi Market Segment Analysis- By End Product
Based on end product, Industrial
PC segment is analyzed to grow with the highest CAGR of 16.2% in the global
industrial raspberry pi market during the forecast period 2021-2026. With
growing trends towards industrial automation, adoption of IoT or robotics for
monitoring as well as operation of industrial machinery and related work
processes along with others have been attributing to the market growth. Industrial
PCs with raspberry pi offers benefits including low cost modules, small form
factor, faster speed processing, low power consumption, wide range of operating
system compatibility options and others, which have been eventually gaining wide popularity across industrial markets. In March 2021, one of the global industrial
computer hardware manufacturers and an IoT solution provider, named OnLogic
announced about the launch of its first Raspberry Pi-powered industrial
computers, measuring upto 102.5x129x38 mm. This development was done through
combining its expertise in industrial grade hardware with the CM4 raspberry pi
compute module, meant for serving factories, warehouses along with a range of
IoT applications. Such factors are further set to drive the market demands for
Raspberry Pi based industrial computers in the long run.
Industrial Raspberry Pi Market Segment Analysis- By Application
Raspberry
Pi for Industrial Robotics application is analyzed to witness the fastest
growth with the CAGR of 17.1% during 2021-2026. Factors including increasing
shift towards leveraging robot or robot-controlled systems to drive industrial
automation, growing use of IoT, IIoT and related advanced technologies for
optimizing industrial workloads along with significant investments on development
of raspberry pi based chips, controllers, modules, and so on attribute to the
market growth. This in turn, drives the need for efficient, robust, wireless
and flexible monitoring, controlling and operational devices ensuring better
connectivity, scalability as well as requirement of high-speed operation
capabilities of robots optimizing industrial automation, is aiding the market
growth overtime. In June 2021, Elephant
Robotics and M5STACK had jointly announced about its launch of myCobot Pi, as a
part of expanding its myCobot series with Raspberry Pi microprocessors. Development
of this industrial modular collaborative robot design was done to offer user
customization including supporting multi-platform secondary development as well as achieving multi-scene
application development, while simulating industrial robot sorting as well as
handling operations. Such factors are set to assist the market growth of
raspberry pi for serving industrial robotic applications in the coming time.
Industrial Raspberry Pi Market Segment Analysis- By Geography
North America dominated the global industrial raspberry pi market with a share of 36% in 2020, and is also anticipated to have a significant growth during 2021-2026. Increasing shift towards industrial automation, growing demand for wireless automated control solutions as well as high demand for IoT enabled devices for driving automation and digitalization across major industry verticals have been attributing to the market growth. In addition, government initiatives towards supporting robotic process automation within manufacturing sector, growing transportation management and warehouse distribution activities, along with eliminating human workloads will also help in aiding the market growth overtime. According to Technology & Innovation Report 2021, U.S Government had revealed its plans on investing in the research & development of robots for varied process automation areas within manufacturing as well as other industries for reducing administrative burdens. Such factors are bound to create a positive impact on the market growth of industrial raspberry pi based end use products in the long run.
Industrial Raspberry Pi Market Drivers
- Growing shift towards industrial automation with adoption of IOT drives
the market forward
Growing
shift towards industrial automation with adoption of IOT act as a major factor
driving the market growth of industrial raspberry pi. Adoption of IoT in industry
verticals including manufacturing, food & beverage, power generation and so
on have grown significantly for enabling smart connected devices towards
streamlined process flows, driving the need for robust processing performance single board
computers (SBCs). Machine to Machine (M2M) communication involve integrated
microprocessors, microcontrollers, sensors and so on for monitoring and
controlling for optimization of yield, efficiency and quality of industrial
operations. Utilization of Raspberry Pi SBCs act as the main controller in the
industrial automation which helps in storage, processing as well transmission
of data within real time high speeds. Due to the open platform concept,
Raspberry Pi provide users with maximum flexibility when implementing
industrial IOT projects including full root rights. In September 2021, Knowles
Corporation, announced about the launch of AISonic IA8201 Raspberry Pi Development
Kit as a part of combining voice, audio edge processing, as well as machine
learning (ML) listening capabilities for various devices or systems to be used
within industries. This will help engineers or product designers from OEM
companies towards streamlining sign, development as well as testing activities
with voice as well as audio integration. Such factors are set to attribute to
the market growth of industrial raspberry pi in the coming time.
- Rise in smart or intelligent warehousing and inventory management
services can positively impact the market growth
- Rise in smart or intelligent warehousing and inventory management services can positively impact the market growth
Rise
in smart or intelligent warehousing and inventory management services can also
be considered as a vital factor driving the market growth towards industrial
raspberry pi. Owing to shift towards smart sensor or IoT control warehouse and
inventory management application areas within industries, the need for a
rugged, power efficient as well as high optimized computer board models have
become essential. Leveraging real time data analysis and monitoring of
inventory, stocks and related items through IoT utilization, demand for faster
processing SBCs is significantly impacted, thereby assisting the market growth
of industrial raspberry pi based products. In September 2021, Fulfilld had
revealed about securing upto $2.5 million funding (around £1.8 million), led by
TenOneTen Ventures, Pi Labs, and others. This funding will help the company in
executing its plans regarding location aware warehouse management orchestration platform
leveraging 5G ultra-wide band, ensuring warehouse operators from facing labour
shortages as well as supply chain issues. Such
factors towards developing location-based warehouse management is set to
influence the market growth of raspberry pi in the long run.
Industrial Raspberry Pi Market Challenges
Lower flexibility and scalability within industrial environments limit its adoptability hampering its market growth
Lower flexibility and scalability
within industrial environments act as a major factor restraining the market
growth of industrial raspberry pi. Owing to industrial harsh environments, the
control or automation devices need to be robust ensuring optimal operation
under high temperature conditions, due to presence of excess heat or moisture. Since
raspberry pi single board computers lack integration of any kind of heat-sinks
or air conditioning systems, its operation gets limited on exceeding the
maximum operative temperature ranges. This in turn, leads to improper heat dissipation,
disruption the industrial work operations, creating lesser adoptability.
Additionally, performing industrial complex multi-tasking operations is also
limiting its use in varied industrial environments in need of multitasking
control systems.
Industrial Raspberry Pi Market Landscape
Technology launches, Acquisitions, Collaboration, and
R&D activities are key strategies adopted by players in the Industrial
Raspberry Pi market. Industrial Raspberry Pi top 10 companies include:
- Advantech Co. Ltd.
- OnLogic
- KUNBUS GmbH
- CompuLab Ltd.
- Sequent Microsystems
- Sfera Labs S.r.l
- TECHBASE Group
- Raspberry Pi Foundation
- AAEON Technology, Inc.
- Kontron
Acquisitions/Technology Launches
Ø In October 2021, Sfera Labs announced the launch of an IoT module, Iono RP, based on Raspberry Pi RP2040 microcontroller, as a part of being
its first industrial product with Raspberry Pi support.
Ø In June 2020, Advantech announced the
launch of its UNO-220 Raspberry Pi-ready industrial-grade gateway kit, in a
move towards supporting IoT trends.
Relevant
Report Titles:
Industrial PC Market-
Forecast (2021-2026)
Report Code: ESR 0154
Industrial Internet of
Things (IIoT) Market- Forecast (2021-2026)
Report Code: ESR 0027
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