Market Overview:
The Industrial Raspberry Pi Market size is estimated to reach $689.9 million by 2030, growing at a CAGR of 15.7% during the forecast period 2024-2030, according to a recent report published by IndustryARC, titled, “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 Control & Monitoring, Material Handling, Industrial Robotics, Warehouse Automation, Others), By Industry Vertical (Food & Beverages, Oil & Gas, Transportation & Logistics, Chemicals, Power Generation, Utilities, Others), By Geography - Global Opportunity Analysis & Industry Forecast, 2024-2030”
The growing usage of Raspberry Pi in industrial applications is propelling the market for industrial Raspberry Pi, which is experiencing notable expansion. The Raspberry Pi, which was first shown as an inexpensive learning aid for electronics and coding, has developed into a potent single-board computer that is used by a variety of industries. Thanks to its low cost, flexibility, and broad IoT connectivity, Raspberry Pi devices are finding widespread use in Industry 4.0 applications such as automation, machine monitoring, and process control. With its affordable platform to improve operational efficiency, this is especially advantageous for small and medium-sized businesses. The Raspberry Pi's popularity is further fueled by the fact that it is open-source and simple to modify to meet unique requirements.
North America Dominated the Market in 2023:
North America dominated the Industrial Raspberry Pi Market in 2023 with a market share of 36%. The industrial Raspberry Pi market was led by North America due to the region's growing use of edge computing and IoT in the automation and manufacturing sectors. Predictive maintenance, control systems, and process monitoring are just a few of the industrial applications that find the Raspberry Pi appealing because to its open-source environment, cost, and versatility. In light of the growing emphasis on digitalization and automation in North American enterprises, Raspberry Pi-based solutions present an affordable means of incorporating smart technologies into pre-existing infrastructure. This demand is further fueled by the region's strong industrial base, especially in the United States and Canada. Businesses are using Raspberry Pi to improve factory automation, create industrial prototypes, and streamline production procedures. The area also gains from the tech community's and academic institutions' strong support, which encourages innovation and the creation of unique industrial applications.
Industrial Raspberry Pi Market: Key Takeaways
Increasing Adoption of Edge Computing:
The market for industrial Raspberry Pi is expanding as a result of the growing use of edge computing. By processing data closer to the source, edge computing minimizes latency and lessens the need for centralized cloud services. This decentralized method is especially useful for real-time automation, analytics, and monitoring in industrial settings. Industrial Raspberry Pi hardware is growing in popularity as a solution for edge computing applications because of its open-source, flexible, and affordable design. These sensors are easily integrated into industrial processes, allowing enterprises to monitor machine health, optimize resource utilization in real time, and increase operational efficiency. Businesses use Industrial Raspberry Pi systems to manage data locally as the demand for Industry 4.0 and smart manufacturing technologies rises. This improves security by retaining important data on the local network, speeds up decision-making, and uses less bandwidth. The convergence of edge computing and Industrial Raspberry Pi platforms is propelling the creation of industrial automation solutions that are both scalable and economical. This is leading to the increased adoption of these technologies in various industries, including manufacturing, energy, and logistics, and ultimately fueling the market's explosive growth.
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Expanding Use of AI and Machine Learning in Manufacturing:
The market for industrial Raspberry Pi is growing due in large part to the growing application of artificial intelligence (AI) and machine learning (ML) in manufacturing. Because Raspberry Pi devices are adaptable and reasonably priced, they are perfect for deploying AI and ML applications in industrial settings. Manufacturers can use real-time data for process optimization, quality assurance, and predictive maintenance with AI and ML technologies, increasing productivity and decreasing downtime. Because of its processing power and compatibility with a wide range of sensors, the Raspberry Pi can be easily integrated into current manufacturing lines to enable sophisticated monitoring and control systems. Additionally, Raspberry Pi provides a low-cost entry point for adopting intelligent automation as companies shift towards Industry 4.0 and smart manufacturing. Because it is open-source, companies may adapt AI solutions and grow their operations without having to pay a lot of money for expensive hardware. The growing importance of AI-driven applications in fields like robotics, vision systems, and edge computing is anticipated to increase the need for Raspberry Pi-based solutions. For instance, in January 2024, Sfera Labs announced that the well-known and well-liked Iono Pi Max is now available with a Raspberry Pi CM4S core, expanding the possibilities of our Iono family of industrial I/O modules. The design and implementation of robust and dependable control systems for commercial, industrial, and residential applications are made easier by the newest core technology combined with a wide range of integrated features. The industrial Raspberry Pi market is now in a strong position to help future-proof manufacturing operations thanks to the rise of AI and ML capabilities in the industry.
Scope of the Report:
Recent Developments:
- In March 2022, OnLogic has revealed additional information regarding the Factor 202, the upcoming model in the Factor 200 Series. Specifically designed for industrial equipment, the Raspberry Pi Compute Module 4 powers both devices.
- In 2022, Seeed Studio offers a range of standardized hardware and customization services that work together to create unique Raspberry Pi solutions that help solve real-world problems. Introducing the Raspberry Pi Compute Module 4 (CM4), an industrial computing solution that is robust and dependable has been made possible by combining industrial components with the ease of prototyping and creation of application-specific carrier boards.
Industrial Raspberry Pi Market: Competitive Landscape
Key companies profiled in the Industrial Raspberry Pi Market are Advantech Co. Ltd., OnLogic, KUNBUS GmbH, CompuLab Ltd., Sequent Microsystems, AAEON Technology, Inc., Kontron Electronics GmbH, Sfera Labs, Chipsee Co., Limited, Anders Electronics PLC and others.
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