The Rugged Handheld Electronic Devices Market Trends 2020 held a strong valuation of USD 7.35 billion in the year 2018, according to Market Research Future (MRFR). The market can also expect advancement at a decent pace of 9.71% from 2019 to 2024 (appraisal period). We will provide COVID-19 impact analysis with the report. The COVID-19 impact on the market has been carefully studied, following which the report outlines the key developments post the coronavirus disease outbreak.
Growth Inducers and Main Challenges
In February 2020, Janam Technologies released an 8-inch rugged tablet called HT1. The rugged tablet is used in multiple business applications such as cross-docking, merchandising, inventory management, shipping and receiving, clienteling and replenishment and put-away. It boasts of high speed as well as top performance and can be deployed in any vertical including transportation, retail, field service, manufacturing, construction and warehousing. With leading companies increasingly introducing more innovative and advanced rugged handheld electronic devices in the market, the market demand is expected to mount in the years ahead. Many of the new electronic devices being released in the global market are more resilient to adverse conditions like corrosion, shock and vibration, electromagnetic conditions and acoustic noise reduction, as compared to the traditional devices.
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Leading companies profiled in the MRFR study include Getac Technology Corp.(Taiwan), Honeywell International Inc. (US), Handheld Group(Sweden), CIPHERLAB Co., Ltd(Taiwan), Zebra Technologies(US), Panasonic Corporation(Japan), Datalogic SpA(Italy), Advantech Co., Ltd(Taiwan), Juniper Systems Inc.(US), TouchStar PLC (UK), and more.
The rugged handheld electronic devices industry has been segregated depending on product type, and end-user. The primary product types in the market include reader/scanner, mobile computers, smartphones, and tablets, and more. In 2018, it was confirmed that the market for rugged smartphones and tablets accounted for 50.5% while clinching a valuation of USD 3.84 billion. This smartphones and tablets market is anticipated to procure the fastest expansion rate of 9.27% over the next few years.
The market for rugged handheld electronic devices is spread across the key regions of APAC/Asia Pacific, Europe, mean/Middle East & Africa, South America as well as North America.
North America currently heads the global market, given the presence of a well-developed infrastructure that facilities fast adoption of the latest and innovative technologies. The gigantic pool of highly renowned companies like Zebra Technologies Corporation, Juniper Systems Inc. and Honeywell International Inc., present in the region also favours the market to a large extent.
APAC can secure a formidable position in the global market during the conjectured timeframe, with China heading the said growth. Rising need for better connectivity as well as network coverage in adverse environments has been a prevalent trend in APAC, which has brought the rugged handheld electronic devices market into the limelight.
The global Rugged Handheld Electronic Devices Market Trends has been affected due to the lockdown across the regions. This pandemic situation has hampered the Rugged Handheld Electronic Devices Market Growth as well as its productivity, supply chain, and others. Moreover, the global market has lost its investors due to the increasing loss for the products, supply, transportation, workforce, and others. However, in the meantime, the key market players have implied various strategic techniques to boost global market growth. Thus, to meet the global market demands, the global market increased its speed in producing more valuable products for its intended customers. Recently, the global market has stabilized its position in the global market and is expected to register a higher Rugged Handheld Electronic Devices Market Size for the forecast period.
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Table of Contents:
1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Research objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
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