Rugged Handheld Electronic Market 2021, Provides Detail Analysis by Share, Types, Applications, Business Opportunity and Future Opportunity by Growing Companies 2030

In a recent published report, Kenneth Research has updated the market report for Rugged Handheld Electronic Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4  billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Rugged Handheld Electronic Market products.

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Moreover, increase in ICT spending around the globe for hardware, software, services, new technologies and telecom among others is also anticipated to contribute to the growth of the market in the coming years. The spending on new technologies recorded around USD 0.6 million in 2018 and is further estimated to reach close to USD 1.3 million by 2023. The total ICT spending around the globe further recorded close to USD 5 million in 2019 and is further projected to touch USD 6 million by 2023.

Market Snapshot

The Global Rugged Handheld Electronic Device Market was valued at USD 7.35 billion in 2018; it is expected to grow at a CAGR of 9.71% during the forecast period of 2019–2024. In 2018, North America dominated the rugged handheld electronic devices market with a market share of 47.7% and is expected to grow with a CAGR of 7.9% during the forecast period 2019–2024 followed by Europe and Asia-Pacific.

The Final Report will cover the impact analysis of COVID-19 on this industry:

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One of the major factors driving the market is the rising demand for IoT devices. The growth of industry 4.0 is dependent upon rugged handheld devices with features such damage-resistant screens, industrial strength frames, and shock- and vibration-resistant solid-state drives (SSDs), that can be used in production units, production floors, construction sites and also for public safety. Moreover, the government standards are also boosting the market as various military operations involve communication channels which are owned by the government. Government approval and contracts are often required in order to manufacture devices which use these communication channels. Devices need to meet certain standards of ruggedness to be certified as rugged devices; such initiatives and continuous advancement in these devices and technology also drives the market growth.

Rugged handheld electronic devices are used in various industries including automotive, retail, agriculture, construction, oil & gas, military and defense, and aerospace due to their ability to withstand harsh environment and their ability to communicate the information without interruption in real time. There are various types of rugged handheld electronic devices such as scanners, tablets, smartphones, and mobile computers, which are used for various end-use applications across industries.

Companies Covered

The key players of global rugged handheld electronic devices market are Handheld Group(Sweden), Panasonic Corporation(Japan), Datalogic SpA(Italy), Zebra Technologies(US), Honeywell International, Inc. (US), Advantech Co., Ltd(Taiwan), Getac Technology Corp.(Taiwan), Juniper Systems Inc.(US), TouchStar PLC(UK), CIPHERLAB Co., Ltd(Taiwan)  among others.  Global Rugged Handheld Electronic Devices Market, by Type, 2018 vs 2024 (USD Million)

Currently, various types of rugged handheld electronic devices, such as mobile computers, readers, scanners, and smartphones are available in the market. These rugged devices are used in industries where normal devices cannot operate, as these devices are designed in such a way that they can withstand harsh conditions including shock and vibration, corrosion, acoustic noise reduction, and electromagnetic conditions. The smartphones and tablets accounted for the largest market share in 2018; it is expected to be the fastest growing segment during the forecast period of 2019–2024.

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There are several rugged phones in the market such as CAT S61, CAT S41, Sonim XP8, Panasonic Toughpad FZ-E1, Kyocera DuraForce Pro 2, and Blackview BV9000 Pro. Rugged smartphones differ from normal smartphones in their ability to withstand various environmental conditions and offer protection against high temperature, water, dust, and vibration.

Regional Analysis

The global rugged handheld electronic devices market, by region, has been segmented into Asia-Pacific, North America, Europe, and the Middle East & Africa, and South America. The North American region has a well-established infrastructure which allows faster implementation of advanced technologies. North America accounts for the largest market for rugged handheld electronic devices globally, due to the presence of various key players in the region including Honeywell International Inc., Zebra Technologies Corporation and Juniper Systems, Inc. The early adoption of the technology in the region has played a vital role in the growth of the market. However, Asia-Pacific is expected to hold a significant share. China is expected to dominate the market in the Asia-Pacific region.

Key Developments 

In May 2019, Cipher Lab has launched the RS51 series to help users to collect and deliver accurate data for transportation and logistics, direct store delivery, and field mobility industries. The devices in the RS51 series are equipped with 1D/2D barcode reader, NFC, and RFID functions.In April 2019, Juniper Systems Inc. has launched two rugged handheld computers namely the Allegro 3 rugged handheld computer and the Archer 3 rugged handheld computer. Allegro 3 is equipped with a faster processor, large memory capacity, 4G LTE capability, and Android 7.1 Nougat platform; and is designed for applications that require alpha-numeric keyboard input. On the other hand, Archer 3 is designed for single-handed data entry.

In November 2018, Cipher Lab launched the RK25 rugged mobile computer with high speed, accuracy, and durability for operating various functions in data entry. The RK25 combines big display screens with physical keypads to allow users to capture and enter huge volumes of data easily.

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In September 2018, Getac Technology Corp. launched a fully rugged high-performance tablet that offers multi-mode usage via detachable keyboard dock. The K120 can be used as a tablet or attached with a keyboard dock allowing it to be used as a full-function laptop.In July 2018, Getac Technology Corp. partnered with Ci Distribution sell its ruggedized range of products for the military and law enforcement applications that require sturdy devices.

In March 2018, Honeywell International, Inc. launched Dolphin CN80, a next-generation ultra-rugged handheld computer, built on the company’s mobility edge platform. This handheld computer is designed for distribution centers and field mobility applications such as pickup-and-delivery and direct store delivery.

Market Segmentation

By Product Type: Smartphones and Tablets, Mobile Computers, Reader/Scanner, Others

By End User: Manufacturing Industries, Retail, Transportation and Logistics, Military & Defense, Government, Others

By Region: North America, Europe, Asia-Pacific, and the rest of the world

Key questions addressed by the report

What was the historic market size (2018)?

Which segmentation (Product Type / End User is driving market?

What will be the growth rate by 2024?

What are the strategies adopted by key players?

About Kenneth Research

Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation

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