Market Overview:
The global human machine interface (HMI) market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for HMIs in industrial and commercial applications. Additionally, the growing trend of Industry 4.0 is also expected to fuel the demand for HMIs in the coming years. The global HMI market is segmented on the basis of type, application, and region. On the basis of type, it is divided into stand-alone HMI and embedded HMI segments. The stand-alone HMI segment dominates the global market with a share of more than 60%. This can be attributed to its low cost as compared to embedded HMIs and easy installation process.
Product Definition:
A human machine interface (HMI) is a system that allows humans to interact with one or more machines. The purpose of an HMI is to provide a means for the user to control and monitor the state of the machine(s) through graphical icons and text. HMIs are often used in industrial settings, but can also be found in other contexts such as automobiles, aircraft, and boats.
Stand-Alone HMI:
HMI is the interface between computer and machine. It controls and monitors the performance of equipment or system in manufacturing, service, research & development activities. HMI has a broad range of applications in different sectors such as automotive, consumer goods & retail etc., Stand-alone HMI (SAH) is used for controlling one or more machines from single control unit which may be mounted on table top or it can be built into wall depending upon requirement.
Embedded HMI:
Embedded HMI is a part of Human Machine Interface (HMI) and it's used to communicate with user in an easy way. Embedded HMI is built for the manufacturing sector where there is a need to control machines from distant places using touch screens and other display devices. It also helps in receiving input from user, setting up parameter values, recording data, and so on.
Application Insights:
The others segment includes military and aerospace applications. Stand-alone human-machine interface (HMI) systems are widely used in industrial applications as they provide a user-friendly interface to the operators for monitoring and controlling various processes. Embedded HMI systems, on the other hand, are preferred for commercial aircraft as they offer a high level of safety along with ease of use. The global market is categorized based on application into industrial, commercial and others. The others segment held around 30% share of the overall revenue in 2017 owing to increasing adoption across defense & aerospace applications worldwide.
Regional Analysis:
The market in North America is expected to witness significant growth over the forecast period owing to the presence of a large number of manufacturers and OEMs. The region accounted for more than 35% revenue share in 2017, which can be attributed to early adoption of HMIs. Moreover, growing demand for automation across various industries such as oil & gas, manufacturing, and utilities is anticipated to drive regional growth over the forecast period.
Asia Pacific is estimated to be one of the fastest-growing regions from 2018 to 2030 due its increasing focus on industrial automation with an aim toward improving operational efficiency and productivity levels within organizations. Rising awareness regarding HMI technology among users from various industries will also contribute toward regional growth trends during the same period.
Growth Factors:
- Increasing demand for automation in industries to improve productivity and efficiency
- Growing trend of Industry 4.0 and the internet of things (IoT)
- Rising demand for HMIs in automotive sector to support advanced driver assistance systems (ADAS) and autonomous driving technologies
- Proliferation of smart devices and growing popularity of wearable technology
- Emergence of new applications such as augmented reality (AR) and virtual reality (VR)
Scope Of The Report
Report Attributes
Report Details
Report Title
Human Machine Interface Market Research Report
By Type
Stand-Alone HMI, Embedded HMI
By Application
Industrial, Commercial, Others
By Companies
ABB, Mitsubishi Electric, Rockwell Automation, Schneider Electric, Siemens, Emerson Electric, Honeywell, Yokogawa Electric, General Electric, Kontron, Advantech, Pro-Face
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
190
Number of Tables & Figures
133
Customization Available
Yes, the report can be customized as per your need.
Global Human Machine Interface Market Report Segments:
The global Human Machine Interface market is segmented on the basis of:
Types
Stand-Alone HMI, Embedded HMI
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, Others
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:
- ABB
- Mitsubishi Electric
- Rockwell Automation
- Schneider Electric
- Siemens
- Emerson Electric
- Honeywell
- Yokogawa Electric
- General Electric
- Kontron
- Advantech
- Pro-Face
Highlights of The Human Machine Interface 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:
- Stand-Alone HMI
- Embedded HMI
- By Application:
- Industrial
- Commercial
- Others
- 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 Human Machine Interface 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?
Human Machine Interface (HMI) refers to the interface between humans and machines. It can be thought of as the physical or digital interface between people and devices, including computers, smartphones, industrial controllers, medical equipment etc.
Some of the major companies in the human machine interface market are ABB, Mitsubishi Electric, Rockwell Automation, Schneider Electric, Siemens, Emerson Electric, Honeywell, Yokogawa Electric, General Electric, Kontron, Advantech, Pro-Face.
The human machine interface market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Human Machine Interface 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 Human Machine Interface Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Human Machine Interface 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 Human Machine Interface 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 Human Machine Interface Market Size & Forecast, 2020-2028 4.5.1 Human Machine Interface Market Size and Y-o-Y Growth 4.5.2 Human Machine Interface Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Stand-Alone HMI
5.2.2 Embedded HMI
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Industrial
6.2.2 Commercial
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Human Machine Interface 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 Human Machine Interface 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Stand-Alone HMI
9.6.2 Embedded HMI
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 Market Size Forecast by Applications
9.10.1 Industrial
9.10.2 Commercial
9.10.3 Others
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Stand-Alone HMI
10.6.2 Embedded HMI
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 Market Size Forecast by Applications
10.10.1 Industrial
10.10.2 Commercial
10.10.3 Others
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Stand-Alone HMI
11.6.2 Embedded HMI
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 Market Size Forecast by Applications
11.10.1 Industrial
11.10.2 Commercial
11.10.3 Others
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Stand-Alone HMI
12.6.2 Embedded HMI
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 Market Size Forecast by Applications
12.10.1 Industrial
12.10.2 Commercial
12.10.3 Others
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Stand-Alone HMI
13.6.2 Embedded HMI
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) Market Size Forecast by Applications
13.10.1 Industrial
13.10.2 Commercial
13.10.3 Others
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 Human Machine Interface Market: Competitive Dashboard
14.2 Global Human Machine Interface Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ABB
14.3.2 Mitsubishi Electric
14.3.3 Rockwell Automation
14.3.4 Schneider Electric
14.3.5 Siemens
14.3.6 Emerson Electric
14.3.7 Honeywell
14.3.8 Yokogawa Electric
14.3.9 General Electric
14.3.10 Kontron
14.3.11 Advantech
14.3.12 Pro-Face