Industrial Raspberry Pi Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2024-2030

Report Code: AIR 0372 Report Format: PDF + Excel

Industrial Raspberry Pi Market Overview

The Global Industrial Raspberry Pi market size is forecast to reach $689.9 million by 2030, growing at a CAGR of 15.7% from 2024 to 2030. 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.

The adoption of Raspberry Pi technology is witnessing a notable surge. Industrial Raspberry Pi solutions are becoming increasingly prevalent across various sectors, leveraging the platform's compact size, cost-effectiveness, and versatility. Industries ranging from manufacturing and automation to logistics and agriculture are integrating Raspberry Pi into their operations to streamline processes, enhance efficiency, and reduce operational costs. One prominent trend is the customization of Raspberry Pi setups to meet specific industrial requirements, accommodating diverse tasks such as data logging, monitoring, control systems, and machine vision applications. Moreover, the modular nature of Raspberry Pi allows for seamless integration with existing infrastructure and compatibility with a wide array of sensors and peripherals, empowering businesses to innovate and optimize their workflows. As industrial environments continue to evolve, the flexibility and accessibility offered by Industrial Raspberry Pi solutions are poised to drive further advancements in automation and smart technologies.

Industrial Raspberry Pi Market Report Coverage

The report: “Industrial Raspberry Pi Market Forecast (2024-2030)”, 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 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: 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 analysed to emerge with the fastest growing segment in the global industrial Raspberry Pi market during 2024-2030, due to adoption of industrial computers in IoT control or robotic monitoring applications.
• North America Industrial Raspberry Pi market held the largest share in 2023, owing to shift towards industrial automation and growing demand for wireless automated control solutions. 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.
• Rise in smart or intelligent warehousing and inventory management services along with growing shift towards industrial automation with IoT adoption are analysed to significantly drive the market growth during the forecast period 2024-2030.
 
                                               
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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 2024-2030. 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 December 2023, EDATEC launched the ED-IPC3020, powered by Raspberry Pi 5, featuring M.2 NVMe SSD support, ideal for industrial computing. The rugged, compact design offers extensive connectivity, including RS485/RS232, fulfilling industrial needs with innovative storage solutions. 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 2024-2030. 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 2022, Elephant Robotics launches MechArm 270 Pi, a versatile desktop robot arm assistant based on Raspberry Pi and Python-ready, aimed at designers and creatives for streamlined daily tasks, boasting precision motion and open-source interfaces for diverse applications with ROS integration. 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 2023, and is also anticipated to have a significant growth during 2024-2030. 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. The US government launched the NRI-3.0 program in Feb 2021, allocating $14M for integrated robot systems R&D, fostering collaboration across sectors. In line with NASA's "Moon to Mars" project, the Artemis lunar program has budgeted $35B from 2020-2024 to enhance robot performance for deep space exploration. 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 November 2022, OnLogic introduced the Factor 202, a Raspberry Pi Compute Module 4-powered industrial controller with onboard digital I/O, analog input, and a capacitive touchscreen, catering to IoT, edge computing, and advanced automation applications. Raspberry Pi's Roger Thornton commends OnLogic's choice, highlighting the CM4's reliability and performance. 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

As businesses increasingly adopt automated solutions to streamline operations and enhance efficiency, the demand for Industrial Raspberry Pi devices is poised to escalate. These devices serve as integral components in smart warehousing setups, facilitating real-time monitoring, data analysis, and process optimization. With their robust computing capabilities and compact form factors, Industrial Raspberry Pi units offer cost-effective solutions for managing inventory, tracking assets, and orchestrating logistical processes within warehouse environments. Moreover, their versatility enables seamless integration with various sensors, actuators, and other IoT devices, empowering warehouses to achieve higher levels of automation and responsiveness. The evolving landscape of warehousing and inventory management underscores the critical role played by Industrial Raspberry Pi solutions in driving operational excellence and meeting the demands of modern supply chain dynamics. Embracing these technologies can lead to heightened efficiency, reduced costs, and improved overall performance in warehouse operations.

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:
  1. Advantech Co. Ltd.
  2. OnLogic
  3. KUNBUS GmbH
  4. CompuLab Ltd.
  5. Sequent Microsystems
  6. AAEON Technology, Inc.
  7. Kontron Electronics GmbH
  8. Sfera Labs
  9. Chipsee Co., Limited
  10. Anders Electronics PLC

Acquisitions/Technology Launches

• In November 2023, HMS Networks introduces a Raspberry Pi adapter board to streamline testing of communication interfaces for industrial networks, focusing on compatibility with Anybus CompactCom modules. This tailored solution enhances interoperability among devices, sensors, and controllers, optimizing communication protocols and physical interfaces in industrial environments.
• In September 2022, OnLogic introduces the IGN800, an industrial edge gateway powered by Raspberry Pi Compute Module 4, bundled with Inductive Automation’s Ignition Edge SCADA software, offering up to 8GB memory and robust thermal management for processing up to 20,000 real-time tags across a wide temperature range.

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1. Industrial Raspberry Pi Market- Market Overview
    1.1 Definitions and Scope
2. Industrial Raspberry Pi Market- Executive Summary
    2.1 Market Revenue, Market Size and Key Trends by Company
    2.2 Key trends by model type
    2.3 Key trends segmented by geography
3. Industrial Raspberry Pi Market–Market Landscape
    3.1 Comparative Analysis
        3.1.1 Product Benchmarking
        3.1.2 Top 5 Financial Analysis
        3.1.3 Market Value Split by Top 10 companies
        3.1.4 Patent Analysis
        3.1.5 Pricing Analysis
4. Industrial Raspberry Pi Market– Industry Market Entry Scenario Premium Premium 
    4.1 Regulatory Framework Overview
    4.2 New Business and Ease of Doing business index
    4.3 Case studies of successful ventures
    4.4 Customer Analysis – Top 10 companies
5. Industrial Raspberry Pi Market – Startup Company Scenario Premium
    5.1 Investment Analysis
    5.2 Venture Capital Funding Scenario
6. Industrial Raspberry Pi Market- Market Forces
    6.1 Market Drivers
    6.2 Market Constraints
    6.3 Porters five force model
        6.3.1 Bargaining power of suppliers
        6.3.2 Bargaining powers of customers
        6.3.3 Threat of new entrants
        6.3.4 Rivalry among existing players
        6.3.5 Threat of substitutes
7. Industrial Raspberry Pi Market – By Strategic Analysis (Market Size -$Million/Billion)
    7.1 Value Chain Analysis
    7.2 Opportunities Analysis
    7.3 Product Life Cycle
    7.4 Suppliers and Distributors
8. Industrial Raspberry Pi Market- By Model Type (Market Size -$Million/Billion)
    8.1 Raspberry Pi A/B/A+/B+
    8.2 Raspberry Pi 2B
    8.3 Raspberry Pi Zero W/WH
    8.4 Raspberry Pi 3 B/A+/B+
    8.5 Raspberry Pi 4B/400
9. Industrial Raspberry Pi Market- By End Product (Market Size -$Million/Billion)
    9.1 Industrial PC
    9.2 PLC
    9.3 Display units
    9.4 IoT Gateways
    9.5 Controllers
    9.6 Camera
    9.7 Others
10. Industrial Raspberry Pi Market- By Application (Market Size -$Million/Billion)
    10..1 Process Control & Monitoring
    10.2 Material Handling
    10.3 Industrial Robotics
    10.4 Warehouse Automation
    10.5 Others
11. Industrial Raspberry Pi Market- By Industry Vertical (Market Size -$Million/Billion)
    11.1 Food & Beverages
    11.2 Oil & Gas
    11.3 Transportation & Logistics
    11.4 Chemicals
    11.5 Power Generation
    11.6 Utilities
    11.7 Others
12. Industrial Raspberry Pi Market - By Geography (Market Size -$Million/Billion)
    12.1 North America
        12.1.1 The U.S
        12.1.2 Canada
        12.1.3 Mexico
    12.2 Europe
        12.2.1 The U.K
        12.2.2 Germany
        12.2.3 Italy
        12.2.4 France
        12.2.5 Spain
        12.2.6 Others
    12.3 APAC
        12.3.1 China
        12.3.2 Japan
        12.3.3South Korea
        12.3.4 India
        12.3.5 Australia
        12.3.6 Others
    12.4 South America
        12.4.1 Brazil
        12.4.2 Argentina
        12.4.3 Others
    12.5 RoW
        12.5.1 Middle East
        12.5.2 Africa
13. Industrial Raspberry Pi Market- Entropy
    13.1 New product launches
    13.2 M&A’s, collaborations, JVs and partnerships 

14. Industrial Raspberry Pi Market- Industry Competition Landscape Premium
    14.1 Global Market Share
    14.2 Market Share by Region
    14.3 Market Share by end product
    14.4 Market Share by application
15. Industrial Raspberry Pi Market- Key Company List by Country Premium Premium
16. Industrial Raspberry Pi Market Company Analysis
    16.1 Market Share, Company Revenue, Products, M&A, Developments
    16.2 Advantech Co. Ltd.
    16.3 OnLogic
    16.4 CompuLab Ltd.
    16.5 KUNBUS GmbH
    16.6 Sequent Microsystems
    16.7 AAEON Technology, Inc.
    16.8 Sfera Labs
    16.9 Chipsee Co., Limited
    16.10 Kontron Electronics GmbH
    16.11 Anders Electronics PLC
"*Financials would be provided on a best efforts basis for private companies"