A Human-Machine Interface (HMI) is a user interface or dashboard that connects a person to a machine, system, or device. HMI is most commonly used in the context of an industrial process, while the term can technically be applied to any screen that allows a user to interact with a device.
Increase in demand for monitoring the production plants drives the human machine interface market growth. The growing need for efficiently monitoring the production plants in various industries such as mining, automotive, and oil and gas drives the significant demand for HMI software. In addition, surge in industrial automation reduces labor and production costs, which helps to increase the production output. Thus, these factors drive the growth of the human machine interface market. However, accidents occur due to operational errors such as failure to act on information provided by the interface or inability to operate machine correctly, which restrain the market growth. On the contrary, mobile HMIs allow manufacturing plants of all sizes to achieve greater efficiency through faster performance, improved connectivity, and more intuitive user interfaces that promote operator safety. This is expected to provide lucrative opportunities for growth of the human machine interface market.
The human machine interface market is segmented on the basis of offering, deployment mode, configuration end user, and region. On the basis of offering, it is segmented into life hardware and software. On the basis of deployment mode, it is segmented into on-premise and cloud. On the basis of configuration, it is bifurcated into embedded HMI and standalone HMI. On the basis of end user, it is segmented into oil and gas, food and beverages, chemicals, pharmaceutical, metal and mining, automotive, aerospace and others. On the basis of region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The report analyzes the profiles of key players operating in the human machine interface market such as ABB, Advantech Co., Ltd., Emerson Electric Co., Honeywell International Inc., General Electric, Mitsubishi Electric Corporation, Rockwell Automation, Inc., Schneider Electric, Siemens AG and Yokogawa Electric Corporation. These players have adopted various strategies to increase their market penetration and strengthen their position in the human machine interface market share.
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The study provides an in-depth analysis of the market with current and future trends to elucidate the imminent investment pockets.
Information regarding key drivers, restraints, and opportunities along with their impact analysis on the market is provided in the report.
Porter’s Five Forces analysis illustrates the potency of buyers and suppliers operating in the industry.
The quantitative analysis of the Global Human Machine Interface Market from 2021-2031 is provided to determine the market potential.
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KEY MARKET SEGMENTS
By Industry Vertical
- Oil and Gas
- Food and Beverages
- Chemicals
- Pharmaceuticals
- Metal and Mining
- Automotive
- Aerospace
- Others
By Offering
- Hardware
- Software
By Deployment Mode
- On-Premise
- Cloud
By Configuration
- Embedded HMI
- Standalone HMI
By Region
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
- Key Market Players
- ABB
- Advantech Co., Ltd.
- Siemens AG
- General Electric
- Rockwell Automation, Inc.
- Emerson Electric Co.
- Schneider Electric
- Honeywell International Inc.
- Mitsubishi Electric Corporation
- Yokogawa Electric Corporation