Development in Energy & Power Industry to Provide Opportunities for Rugged Servers Market During 2022–2030
According to our latest market study on "Rugged Servers Market Size and Forecasts (2020 - 2030), Global and Regional Share, Trends, and Growth Opportunity Analysis – by Type and End User," the market is expected to grow from US$ 632.81 million in 2022 to US$ 976.69 million by 2030; it is estimated to register a CAGR of 5.6% from 2022 to 2030.
The energy & power industry is among the fastest-growing industries in the US. According to EIA, the renewable energy capacity, mostly from wind and solar, will reduce electricity generation from coal-fired and natural gas-fired power plants during 2023–2024. In 2022, wind and solar accounted for 14% of US electricity generation. The electricity generation from wind and solar is expected to rise to 16% in 2023 and 18% in 2024. It is also expected that the electricity generation from coal will fall from 20% in 2022 to 17% in both 2023 and 2024. In addition, natural gas accounted for 39% of electricity generation in 2022 and is expected to fall to 37% in 2024. This growth in the energy & power industry in the US is expected to surge the adoption of new and advanced technology. It will also push technology developers to offer advanced products and services to the energy & power industry. In April 2022, Crystal Group Inc.—a leading designer and manufacturer of rugged computer and electronic hardware—launched the CMS-01171, the first iteration of the ES373S17 substation server, the first VMware-validated configuration of virtualization-enabled servers. This system combines real-time automation, cybersecurity, auto-failover, remote management, and zero-trust security features for power grid modernization. Thus, such growing advancements by the market players will further propel the rugged servers market growth. In addition, over the past few years, the energy & power industry has encountered a significant rise in data, so the demand for advanced data centers has been rising. This has further heightened the requirement for high-end ruggedized servers capable of restraining malicious activities.
Rugged Servers Market — by Geography, 2022
Rugged Servers Market Size and Forecast (2020 - 2030), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Type (Universal and Dedicated) and End User (Aerospace, Oil & Gas, Manufacturing, Telecommunication, Mining, Energy, Logistics, Construction, and Others), and Geography
Rugged Servers Market Strategic Insights by 2030
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Source: The Insight Partners Analysis
In the coming decades, digital technologies are set to make the energy & power industry more connected, intelligent, efficient, reliable, and sustainable. This fact highlights the quantity of data the industry is expected to generate, which demands highly secured storage. In addition, as the energy and power production plants such as wind power plants and solar power plants are located in remote areas with harsh environments, the demand for ruggedized servers is expected to increase in the US, further creating an opportunity for the growth of the rugged servers market during the forecast period.
Core Systems Inc, Crystal Group Inc, Mercury Systems Inc, Systel Inc, Trenton Systems Inc, Dell Technologies Inc, CP Technologies LLC, ZMicro Inc, Sparton Corp, and NCS Technologies Inc are among the key rugged servers market players profiled in the report. Several other major rugged servers market players were studied and analyzed during this market research study to get a holistic view of the market and its ecosystem. The rugged servers market report provides detailed market insights, which help the key players strategize their growth.
In Europe, Germany dominated the rugged servers market in 2022. The aviation landscape in Germany transformed dramatically post the collapse of Air Berlin and the consequent acquisition by the British low-cost airline of most insolvent airlines in Berlin's capacity. Low-Cost Carrier (LCCs) are known to capture the majority share in domestic and international markets. Nonetheless, the full-service carrier (FSC) in the country is also anticipated to continue to flourish in the coming year. The growth in LCCs in the country exhibits a positive outlook for the rugged servers market in Germany. Furthermore, according to the Federal Statistical Office of Germany, the number of air passengers in Germany has tripled by +215.1 % in June 2022 compared to the same period in 2021. Therefore, aircraft production is increased with the increased passenger traffic.
Further, in March 2023, an investment of ~US$ 5.7 billion (EUR 4 billion) was made to expand the Frankfurt International Airport, Germany’s main airport hub. The expansion is expected to be completed by 2026. Under this expansion project, air movements are expected to increase from 80 movements an hour in 2023 to 120 movements an hour by 2026. Thus, such airport expansion projects are expected to contribute to increased passenger traffic and flight operations in the coming years, which will increase aircraft production. Rugged servers are used to send and receive passenger data in the aircraft. Therefore, the rugged server demand is rising with the increasing aircraft production in Germany, fueling the rugged servers market growth.
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