Asia-Pacific Rugged Phones Market Forecast to 2027 - 5 Inch to 6 Inch Segment to Dominate - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Asia-Pacific Rugged Phones Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Type, Screen Size, and End-User" report has been added to ResearchAndMarkets.com's offering.

5 Inch to 6 Inch Segment to Dominate APAC Rugged Phones Market during 2019-2027

APAC Rugged Phones Market is expected to reach US$ 993.90 million by 2027 from US$ 553.71 million in 2019. The market is estimated to grow at a CAGR of 7.8 % from 2020 to 2027.

The report provides trends prevailing in the APAC rugged phones market along with the drivers and restraints pertaining to the market growth. Significant growth opportunities for rugged phones in growing and developing countries and advanced technology collaboration are the major factor driving the growth of the APAC rugged phones market. However, insufficient awareness and accessibility of other solutions hinder the growth of APAC rugged phones market.

In case of COVID-19, APAC is highly affected specially the India. APAC is one of the crucial region for the future growth of rugged phones market due to presence of key developing countries, huge industrial presence, high military & defense expenditure, and favorable government policies to boost industrial growth. However, the ongoing coronavirus outbreak is leading to disruptions in growth of various industry sectors in APAC region.

The lockdown or reduced capacity of various plants/factories in major APAC countries is affecting the supply and demand balance and thus negatively impacting manufacturing, delivery schedules, and demand of various products in the region. In the year 2020, industrial activities, new projects, research & development investments, and delivery schedules have seen a decline due to lack of raw material supply and unavailability of labor due to various restrictions posed by governments in APAC countries of APAC region.

Most rugged phones companies have their manufacturing plants in China and thus negative impact of coronavirus on Chinese economy has directly impacted the revenues of these companies due to interrupted manufacturing and supply chain disruptions. All these factors have impacted the growth of rugged phones market in APAC in a negative manner

The APAC market for rugged phones is segmented into type, screen size, end-user, and country. Based on type, the APAC rugged phones market is divided into semi-rugged and fully-rugged. The semi-rugged is projected to be the largest and fastest growing segment over the forecast period. Based on screen size, the market is divided into below 5 inch, 5 inch to 6 inch, and above 6 inch.

The 5 inch to 6 inch segment contributed the largest revenue share in 2019 and it is also projected to be the fastest growing during forecast period. On basis of end-user, the market is segmented into industrial, government, commercial, and military and defense. The industrial segment led the market in 2019 and is expected to be fastest growing during forecast period.

AGM MOBILE; Blackview; Caterpillar Inc.; DOOGEE; OUKITEL; Sonim Technologies Inc.; Ulefone Mobile; Unitech Electronics Co., LTD; Zebra Technologies Corporation are among the leading companies in the APAC rugged phones market.

The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2020, AGM Mobile has introduced first 5G handset in China. The vendor has introduced the AGM X5 smartphone in its home market, with a European launch expected next year.

The report segments the APAC Rugged Phones Market as follows:

APAC Rugged Phones Market - By Type

• Semi-Rugged
• Fully-Rugged

APAC Rugged Phones Market - By Screen Size

• Below 5 Inch
• 5 Inch to 6 Inch
• Above 6 Inch

APAC Rugged Phones Market - By End-User

• Industrial
• Government
• Commercial
• Military and Defense

APAC Rugged Phones Market - By Country

• Australia
• China
• India
• Japan
• South Korea
• Rest of APAC

For more information about this report visit https://www.researchandmarkets.com/r/78ic1z