- Summary
- Table Of Content
- Methodology
Industrial Motherboards Market Size:
Industrial Motherboards Market size is estimated to reach over USD 2,992.61 Million by 2031 from a value of USD 2,005.99 Million in 2023 and is projected to grow by USD 2,073.11 Million in 2024, growing at a CAGR of 5.1% from 2024 to 2031.
Industrial Motherboards Market Scope & Overview:
Industrial motherboards (IMs) are specialized PCBs designed for reliability and durability in challenging environments. They are used for the control of industrial processes and for data capture of entire production systems. These motherboards offer extended lifespans, making them suitable for continuous use in industrial applications. They are designed to operate under harsh conditions such as higher temperature ranges, resistance to vibration and electrical noise, and require stability and power of components. These motherboards provide enhanced connectivity with diverse I/O options and can be customized to meet specific needs. They are used in manufacturing automation for PLCs and robotics, in healthcare for medical devices, in transportation for system management, and in defense and aerospace for communication systems.
Industrial Motherboards Market Dynamics - (DRO) :
Key Drivers:
Rising Utilization of Motherboards in Smart Factory is Spurring the Industrial Motherboards Market Growth
Smart factories mark a shift from traditional automation to a fully interconnected system. These advanced setups leverage continuous data streams from connected operations and production systems to adapt to new trends. Motherboards play a crucial role in this transition by serving as the foundation for various smart devices and systems. They enable the integration and analysis of data across the multiple factory sections, which supports multiple communication protocols, and high-speed connectivity.
- In 2024, ASUS IoT unveiled its latest range of industrial motherboards and Edge AI computers, powered by the new Intel Core 14th Gen processors which are used in various applications including smart factories, and others.
Hence, the rising development of industrial motherboards for application in smart factories is driving the industrial motherboards market size.
Key Restraints :
Instability in Raw Material Prices is Restraining the Industrial Motherboards Market Growth
The overall cost of the industrial motherboard is primarily dependent on the cost of production, followed by the cost of raw materials such as aluminum, copper, fiberglass, and others used in the manufacturing of industrial motherboards. As a result, fluctuations in the prices of raw materials impact the overall cost of the industrial motherboard, which is a prime factor restricting the industrial motherboards market demand.
- For instance, General Insurance Company implemented a 7% price increase on all fiberglass products, effective February 5th, 2024. This followed a similar price hike by fiberglass manufacturers in January 2024.
Hence, the instability in prices of raw materials including fiberglass, aluminum, copper, and others that are used in the production of industrial motherboard is restraining the industrial motherboards market size.
Future Opportunities :
Rising demand for Industrial IoT is expected to promote potential industrial motherboards market opportunities.
Industrial buildings such as warehouses, logistics centers, distribution facilities, and others store or process large quantities of expensive goods that are often monitored in real-time. Hence, industrial motherboards are important in adopting IoT-enabled factories, autonomous transport systems, and smart cities. In smart cities is often installed in industrial buildings to offer advanced real-time analysis within the premises.
- For instance, in August 2024, Nokia launched an Autonomous Inventory Management System (AIMS) by integrating IoT solutions such as smart and autonomous drones.
Thus, as per the analysis, the rising advancements in industrial motherboards for autonomous management machines are driving the industrial motherboards market opportunities.
Industrial Motherboards Market Segmental Analysis :
By Type:
Based on the type, the market is segmented into ATX, Mini ITX, Micro ATX, and Nano ITX.
Trends in the type:
- Increasing demand for real-time data processing, data analysis, and IoT applications is driving the adoption of the industrial motherboards market for edge computing applications.
- There is a rising demand for industrial motherboards with increased durability to withstand harsh environments, dust, vibrations, and temperature variations.
The ATX segment accounted for the largest revenue in the year 2023 of the overall industrial motherboards market share.
- ATX (Advanced Technology Extended), or ATX form factor, offers a widely adopted standard, ensuring compatibility with a broad range of hardware components, making system building and upgrade easier.
- It includes various benefits such as expansion capability, better cooling options, power efficiency, and others.
- There are multiple PCIe slots and additional ports in ATX for high-performance systems like workstations and servers.
- In August 2024,Premio, a US-based ODM/OEM provider company, launched its new x86 ATX form factor industrial motherboard, supported by 14th Gen Intel Core processors for effective connectivity options and performance. The system also enables embedded computing applications such as ensuring the safety of automobiles, industrial automation, and various others.
- Thus, the rising innovation associated with ATX form factor industrial motherboards is driving the industrial motherboards market trends.
The Micro ATX is anticipated to register a significant CAGR growth during the forecast period.
- Micro ATX is a type of industrial motherboard that is more compact compared to ATX form factor. The main objective of Micro ATX is to support smaller builds without sacrificing essential functionality. It is compatible with a wide range of hardware components.
- It has reduced component count and smaller size compared to ATX boards, and it is generally more affordable, making it a cost-effective option for small form factor systems.
- In January 2024, Thermaltake revealed its Tower 300 Micro ATX Chassis. Tower Series, acknowledged by its iconic vertical case design. The Tower 300 represents a micro-ATX count, with its unique octagonal appearance.
- Therefore, the increasing advancement associated with Micro ATX is anticipated to boost the industrial motherboards market trends during the forecast period.
By Application:
Based on the application, the market is segmented into industrial automation, manufacturing, military, security and surveillance, transportation, automotive, and others.
Trends in the Application:
- In the aerospace industry, there is a rising trend in the adoption of industrial motherboard to improve the reliability, security, and performance of aircraft as well as defense systems.
- Advanced motherboards are in trend in the automotive industry as they are used for various features including battery management, charging, climate control, and others.
Industrial automation accounted for the largest revenue share of 27.33% in 2023 and is anticipated to register the fastest CAGR during the forecast period.
- Industrial automation refers to the use of control systems, such as computers and robotics, to handle different processes and machinery in industries. Automation systems include sensors, actuators, controllers, and industrial motherboards. Key benefits include efficiency, low cost, improved safety, enhanced precision, and scalability.
- These motherboards are used to manage process control in manufacturing units, tasks such as packaging, assembly, and various others.
- For instance, in April 2024, DFI partnered with Qualcomm and launched QCS051 which is suitable for AI and industrial applications.
- Thus, the rising advancements in motherboards for advanced applications in industries are driving market growth.
Regional Analysis:
The regions covered are North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America.
Asia Pacific region was valued at USD 709.64 Million in 2023. Out of this, China accounted for the maximum revenue share of 35.1%. Moreover, it is projected to grow by USD 736.34 Million in 2024 and reach over USD 1,109.96 Million by 2031. The Asia Pacific region's growing pace of industrialization and development offers lucrative growth prospects for the industrial motherboards market expansion. Additionally, the rising industrial motherboard industry in manufacturing sectors is contributing to the growth of industrial motherboards market expansion in the Asia-Pacific region.
- For instance, according to the National Bureau of Statistics, China’s industrial firms saw a 3.5% profit increase in the first half of 2024 in comparison to the first half of 2023.
North America is estimated to reach over USD 897.48 Million by 2031 from a value of USD 599.02 Million in 2023 and is projected to grow by USD 619.29 Million in 2024. As per the industrial motherboards market analysis, the rising growth for industrial motherboard systems in North America is driven by the high adoption of automotive, automation, advanced technological infrastructure, and the presence of a strong manufacturing sector.
As per the industrial motherboards market analysis, Europe is anticipated to witness significant growth that is supported by the rising adoption of automation and smart factories. Companies investing in research and development to cater to the surging trend for advanced motherboards across the region, thereby driving the industrial motherboards market demand.
The Middle East, Latin America, and Africa are expected to develop at a significant rate due to growing investments in manufacturing industries in countries such as Brazil, UAE, and others, in turn driving the industrial motherboards industry.
Top Key Players & Market Share Insights:
The industrial motherboards system market is highly competitive with major players providing products to the national and international markets. Key players are adopting several strategies in research and development (R&D), product innovation, and end-user launches to hold a strong position in the market. Key players in the industrial motherboards industry include-
- ADLINK Technology Inc. (Taiwan)
- Kontron AG (Germany)
- Axiomtek Co. Ltd. (Taiwan)
- Corvalent Corporation (United States)
- DFI (Qisda Corporation) (Taiwan)
- BCM Advanced Research(United States)
- Advantech Co. Ltd. (Taiwan)
- ARBOR Technology Corp. (Taiwan)
- ASUSTeK Computer Inc. (Taiwan)
- Avalue Technology Inc. (Taiwan)
Recent Industry Developments :
Product launches:
- In October 2023, Contec Co. Ltd., launched an industrial motherboard compatible with Intel's CPU, the 13th Generation Intel Core Processor.
- In February 2024, ASUS IoT, a Taiwan-based company launched new industrial motherboards and edge AI computers featuring Intel Core 14th gen processors.
Partnerships & Collaborations:
- In November 2023, Advantech’s new AIMB-723 Industrial ATX motherboards featured AMD RYZEN Embedded 7000 processors and AMD B650 chipset.
Industrial Motherboards Market Report Insights :
| Report Attributes | Report Details |
| Study Timeline | 2018-2031 |
| Market Size in 2031 | USD 2,992.61 Million |
| CAGR (2024-2031) | 5.1% |
| By Type |
|
| By Application |
|
| By Region |
|
| Key Players |
|
| North America | U.S. Canada Mexico |
| Europe | U.K. Germany France Spain Italy Russia Benelux Rest of Europe |
| APAC | China South Korea Japan India Australia ASEAN Rest of Asia-Pacific |
| Middle East and Africa | GCC Turkey South Africa Rest of MEA |
| LATAM | Brazil Argentina Chile Rest of LATAM |
| Report Coverage |
|
Key Questions Answered in the Report
How big is the industrial motherboard market? +
The Industrial Motherboards Market size is estimated to reach over USD 2,992.61 Million by 2031 from a value of USD 2,005.99 Million in 2023 and is projected to grow by USD 2,073.11 Million in 2024, growing at a CAGR of 5.1% from 2024 to 2031.
Which is the fastest-growing region in the industrial motherboard market? +
Asia-Pacific is the region experiencing the most rapid growth in the industrial motherboard market.
What specific segmentation details are covered in the industrial motherboard report? +
The industrial motherboard system report includes specific segmentation details for type, application, and region.
Who are the major players in the industrial motherboard market? +
The key participants in the industrial motherboard market are ADLINK Technology Inc. (Taiwan), Kontron AG (Germany), BCM Advanced Research (United States), Advantech Co. Ltd. (Taiwan), ARBOR Technology Corp. (Taiwan), ASUSTeK Computer Inc. (Taiwan), Avalue Technology Inc. (Taiwan), Axiomtek Co. Ltd. (Taiwan), Corvalent Corporation (United States), DFI (Qisda Corporation) (Taiwan).
