Market Overview:
The global HMI panels market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for industrial automation and rising awareness about energy efficiency among consumers. The global HMI panels market is segmented on the basis of type, application, and region. On the basis of type, it is divided into touch operation type and combined key type. Touch operation type held a major share in 2017 owing to its advantages such as easy operability and user-friendly interface.
Product Definition:
A human-machine interface (HMI) panel is a graphical user interface that allows operators to interact with industrial equipment. HMIs are often used in manufacturing and process control applications where it is important for operators to be able to quickly and easily monitor and adjust the state of the equipment.
Touch Operation Type:
Touch operation type is used in HMI (Human Machine Interface) panels to provide a human-machine interface. It helps the user to interact with the device easily by sensing and detecting any physical movement or contact on the screen. Touch operation type devices are widely used in smartphones, tablets, personal computers, and other electronic devices as it provides ease of use for operating any device.
Combined Key Type:
The Combined Key Type (CKT) is a method to derive the letters and numbers using only one hand. It reduces the need for looking at the keyboard or keypad while entering data. The other hand is used to control all the keys or buttons on a device, except for modifier keys such as Shift, Ctrl, Alt and Caps Lock that require special attention.
Application Insights:
The other application segment includes healthcare, hospitality, transportation and logistics. The demand for the combined key HMI panels is expected to witness a growth of over 10% from 2017 to 2030 owing to its ability to provide advanced features in a relatively small screen size. These panels are widely used in commercial applications as they offer an easy-to-understand interface that helps users perform their daily tasks efficiently.
The industrial segment dominated the global market with more than half of the revenue share in 2016 and is expected to maintain its dominance over the forecast period due largely on increasing automation activities across manufacturing industries worldwide. Growing awareness regarding advanced technology among manufacturers coupled with rising adoption of digital technologies such as robotics and sensors has led towards increased demand for HMI systems in industrial applications globally.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing adoption of HMI panels, rising demand for automation, and growing industrialization across various sectors such as oil & gas, power generation, manufacturing, and others. Moreover rising need for advanced safety solutions in order to reduce workplace fatalities is also anticipated to drive regional growth over the next eight years.
Asia Pacific is expected to witness significant growth over the forecast period owing to increasing government initiatives pertaining factory automation installation along with growing awareness about HMIs among users from different industries such as automotive.
Growth Factors:
- Increasing demand for HMIs in the automotive and transportation industry for enhanced safety and efficiency.
- Growing demand from the process industries such as oil & gas, power generation, and chemical processing to improve operational efficiency.
- Increasing adoption of HMIs in renewable energy installations such as solar and wind power plants to monitor and control the plant operations effectively.
- Rising popularity of cloud-based HMI solutions that offer anytime, anywhere access to data from any device or browser-enabled device.
Scope Of The Report
Report Attributes
Report Details
Report Title
HMI Panels Market Research Report
By Type
Touch Operation Type, Combined Key Type
By Application
Industrial, Commercial, Other
By Companies
Red Lion Controls, Schneider Electric, Siemens, B&R, American Industrial Systems Inc, Fuji Electric, WAGO Kontakttechnik, Beijer Electronics Group, Wieland Electric, Winmate, Emerson Electric, Advantech, ABB, Eaton Corporation, Panasonic, Moreflow, KEB Automation, Wieland Electric GmbH, Mitsubishi Electric Corporation, Pro-Face, WEINVIEW, Omron Corporation, Delta, MCGS, Kean, Beijer Electronics, Kinco Automation, Touchwo
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
214
Number of Tables & Figures
150
Customization Available
Yes, the report can be customized as per your need.
Global HMI Panels Market Report Segments:
The global HMI Panels market is segmented on the basis of:
Types
Touch Operation Type, Combined Key Type
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Industrial, Commercial, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Red Lion Controls
- Schneider Electric
- Siemens
- B&R
- American Industrial Systems Inc
- Fuji Electric
- WAGO Kontakttechnik
- Beijer Electronics Group
- Wieland Electric
- Winmate
- Emerson Electric
- Advantech
- ABB
- Eaton Corporation
- Panasonic
- Moreflow
- KEB Automation
- Wieland Electric GmbH
- Mitsubishi Electric Corporation
- Pro-Face
- WEINVIEW
- Omron Corporation
- Delta
- MCGS
- Kean
- Beijer Electronics
- Kinco Automation
- Touchwo
Highlights of The HMI Panels Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Touch Operation Type
- Combined Key Type
- By Application:
- Industrial
- Commercial
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the HMI Panels Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
HMI panels are a type of control panel that allow users to interact with machines and systems in a more hands-on way. They typically have large, easy-to-read displays and buttons that make it easier for people to operate the equipment.
Some of the key players operating in the hmi panels market are Red Lion Controls, Schneider Electric, Siemens, B&R, American Industrial Systems Inc, Fuji Electric, WAGO Kontakttechnik, Beijer Electronics Group, Wieland Electric, Winmate, Emerson Electric, Advantech, ABB, Eaton Corporation, Panasonic, Moreflow, KEB Automation, Wieland Electric GmbH, Mitsubishi Electric Corporation, Pro-Face, WEINVIEW, Omron Corporation, Delta, MCGS, Kean, Beijer Electronics, Kinco Automation, Touchwo.
The hmi panels market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 HMI Panels Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 HMI Panels Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 HMI Panels Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the HMI Panels Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global HMI Panels Market Size & Forecast, 2018-2028 4.5.1 HMI Panels Market Size and Y-o-Y Growth 4.5.2 HMI Panels Market Absolute $ Opportunity
Chapter 5 Global HMI Panels Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 HMI Panels Market Size Forecast by Type
5.2.1 Touch Operation Type
5.2.2 Combined Key Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global HMI Panels Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 HMI Panels Market Size Forecast by Applications
6.2.1 Industrial
6.2.2 Commercial
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global HMI Panels Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 HMI Panels Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America HMI Panels Analysis and Forecast
9.1 Introduction
9.2 North America HMI Panels Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America HMI Panels Market Size Forecast by Type
9.6.1 Touch Operation Type
9.6.2 Combined Key Type
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America HMI Panels Market Size Forecast by Applications
9.10.1 Industrial
9.10.2 Commercial
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe HMI Panels Analysis and Forecast
10.1 Introduction
10.2 Europe HMI Panels Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe HMI Panels Market Size Forecast by Type
10.6.1 Touch Operation Type
10.6.2 Combined Key Type
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe HMI Panels Market Size Forecast by Applications
10.10.1 Industrial
10.10.2 Commercial
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific HMI Panels Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific HMI Panels Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific HMI Panels Market Size Forecast by Type
11.6.1 Touch Operation Type
11.6.2 Combined Key Type
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific HMI Panels Market Size Forecast by Applications
11.10.1 Industrial
11.10.2 Commercial
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America HMI Panels Analysis and Forecast
12.1 Introduction
12.2 Latin America HMI Panels Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America HMI Panels Market Size Forecast by Type
12.6.1 Touch Operation Type
12.6.2 Combined Key Type
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America HMI Panels Market Size Forecast by Applications
12.10.1 Industrial
12.10.2 Commercial
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) HMI Panels Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) HMI Panels Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) HMI Panels Market Size Forecast by Type
13.6.1 Touch Operation Type
13.6.2 Combined Key Type
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) HMI Panels Market Size Forecast by Applications
13.10.1 Industrial
13.10.2 Commercial
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 HMI Panels Market: Competitive Dashboard
14.2 Global HMI Panels Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Red Lion Controls
14.3.2 Schneider Electric
14.3.3 Siemens
14.3.4 B&R
14.3.5 American Industrial Systems Inc
14.3.6 Fuji Electric
14.3.7 WAGO Kontakttechnik
14.3.8 Beijer Electronics Group
14.3.9 Wieland Electric
14.3.10 Winmate
14.3.11 Emerson Electric
14.3.12 Advantech
14.3.13 ABB
14.3.14 Eaton Corporation
14.3.15 Panasonic
14.3.16 Moreflow
14.3.17 KEB Automation
14.3.18 Wieland Electric GmbH
14.3.19 Mitsubishi Electric Corporation
14.3.20 Pro-Face
14.3.21 WEINVIEW
14.3.22 Omron Corporation
14.3.23 Delta
14.3.24 MCGS
14.3.25 Kean
14.3.26 Beijer Electronics
14.3.27 Kinco Automation
14.3.28 Touchwo