Human Machine Interface (HMI) Market by Components, Configuration Type, End User, Industry Analysis by Business Methodologies, Financial Overview | HMI Market Size US $6 Billion by 2023 at 9% CAGR

“HMI Market”
Human Machine Interface Research Report: By Components (Hardware, Software), Configuration Type (Standalone, Embedded), End User (Automotive, Semiconductor, Pharmaceutical, Oil & Gas, Food & Beverages, Aerospace & Defense) – Global Forecast till 2023

Human Machine Interface Market – Overview

The human-machine interface (HMI) is the cluster of hardware components such as keyboards, switches, screens, graphic displays, and other technologies integrated with control system. By this HMI system the operator is able to supervise and monitor and communicate through the software system particularly with DCS or SCADA. The structural design of the HMI plays a vital role in measuring the operator proficiency to handle the workflow of the machine operations, particularly in related to adverse circumstances.

 

The existing structural design of most HMI are proficient enough to operate the complex operations. Additionally, HMI software facilitates industrial communication, integrated engineering, industrial security, and industrial data management. Fully integrated automation allows to improve the operational downtime, enhances the operational functionalities and the performance of system tested components.  Furthermore, rising adoption rate of industrial automation equipment and evolution of Industrial Internet of things are expected to be one of the contributing factors for the growth of Human Machine Interface (HMI) Market over the forecast period.

 

The global human machine interface market worth USD 6 billion by 2023 grow at a CAGR of approximately 9% during the forecast period 2017-2023

 

HMI Market Leaders

Some of the major players in Global Human Machine Interface Market include ABB Ltd. (Switzerland), Advantech Co., Ltd. (Taiwan), Emersion Electric Co. (U.S.), General Electric Co. (U.S.), Honeywell International Inc. (U.S.), Kontron AG (Germany), Mitsubishi Electric Corporation (Japan), Rockwell Automation, Inc. (U.S.), Schneider Electric SE (France), Siemens AG (Germany), Yokogawa Electric Corporation (Japan) among others, are profiled in MRFR Analysis and are at the forefront of competition in the global Human Machine Interface market.

 

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HMI Industry News

November 2017, COPA-DATA selected Yokohama-based LINX R&D Corporation as a new distributor for Japan.  Zenon which is a software system developed by COPA-DATA, based in Austria, for industrial automation and the energy sector. Through this process, the COPA-DATA would be able to penetrate the Asia Pacific market. The Linx will be a considered as a Zenon distributor for the Japanese market over the next few years. 

 

March 2017, Kontron, one of the leading provider of Embedded Computing Technology (ECT) unveiled their advanced Kontron Secure Systems concept in embedded world 2017 held at Nuremberg. By this launch, Kontron became one of the leading embedded computing providers to implement a holistic approach to safeguard embedded systems on three device levels with respect to security operating system (Secure OS), application (Secure Application), and BIOS (Secure BIOS).

 

Human Machine Interface Market – Segmentation

Segmentation by Components: Hardware, Software, and Services.

Sub-Segment Hardware comprises Basic HMI, Advanced Panel-Based HMI, Advanced PC-Based HMI, and Others.

Segmentation by Configuration Type: Stand-Alone HMI and Embedded HMI.

Segmentation by End-user: Automotive, Semiconductor, Water & Waste Management, Pharmaceutical, Oil & Gas, Food & Beverages, and Others.

 Segmentation by Region: North America, Europe, Asia Pacific, and the Rest of the World.

 

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Human Machine Interface Market – Regional Analysis

Asia-Pacific is expected to dominate the global human machine interface market with the largest market share in the region. China, Taiwan, Japan, India are the leading countries in the region. This is attributed to rapid development in the industrial and manufacturing sector. Furthermore, North America is anticipated to have a substantial growth region. The U.S and Canada are leading countries in the region. The robust manufacturing infrastructure in the region is expected to drive the human machine interface over the review period. However, The Middle East & Africa region is expected to have a steady growth due to saturation of Oil & Gas industries market.

 

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