Nov 2, 2018   SOURCE: BusinessWire

Global $4.15 Billion Rugged Handheld Device Market Outlook by Type, Application and Region (2017-2023) - ResearchAndMarkets.com

The "Global Rugged Handheld Device Market - by Type, Application, Region - Market Size, Demand Forecasts, Company Profiles, Industry Trends and Updates (2017-2023)" report has been added to ResearchAndMarkets.com's offering.

The global rugged handheld device market was USD 3.08 billion in 2017 and is estimated to reach USD 4.15 billion by 2023 at a CAGR of 5.1% during the forecast period.

The key growth factor for handheld rugged device market is the increasing use of electronic components in military applications. Additionally, the increasing popularity of Android OS in rugged devices is boosting rugged handheld devices market. Also, the value of handheld rugged devices' durability and low downtime is expected to enhance the market's growth prospects.

However, the market is expected to be hindered by the low order quantity from individual end users. Also, the high cost of rugged electronics in comparison to the benefits of client customization is also expected to be a major restraint to the growth of the global rugged electronics market.

North America held the major share for handheld rugged device market in 2017 and will dominate during the forecast period. The presence of major key industry players and also the adoption of rugged electronics solutions by various industry verticals is expected to boost the market in the region.

Europe is anticipated to follow North America in owing to the presence of local industry players and growing awareness. Europe is expected to be followed by Asia Pacific in terms of market share.

Industry Trends and Updates

  • Intermec was acquired by Honeywell in 2013. Honeywell is concentrating on the development of cross-platform Handheld Computers.
  • Data logic is committed to extending its support to Windows CE6/WEC 7 and Windows Embedded Handheld 6.5 (WEHH 6.5) till the year 2022, it has also started developing Android-based mobile computers in 2015.

Companies Profiled

  • Aceeca
  • Advantech
  • Cipherlab
  • Handheld Group
  • Honeywell
  • Juniper Systems
  • Panasonic
  • TouchStar Technologies
  • Zebra Technologies
  • and more...

Key Topics Covered

1. Research Methodology

2. Executive Summary

3. Market Overview

4. Market Dynamics

5. Global Rugged Handheld Device Market Segmentation, Forecasts and Trends - by Type

6. Global Rugged Handheld Device Market Segmentation, Forecasts and Trends - by Application

7. Global Rugged Handheld Device Market Segmentation, Forecasts and Trends - by Region

8. Company Market Share Analysis

9. Company Profiles

10. Industry Structure

11. Global Rugged Handheld Device Market - The Road Ahead

For more information about this report visit https://www.researchandmarkets.com/research/l5w87p/global_4_15?w=4