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Human Machine Interface Market (HMI) by Offering, Configuration Type - Global Forecast to 2022

  • ID: 4039729
  • Report
  • January 2017
  • Region: Global
  • 174 Pages
  • Markets and Markets
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The Human Machine Interface Market (HMI) was Valued at USD 3.23 Billion in 2015 and is Expected to be Worth USD 5.86 Billion by 2022, Growing at a CAGR of 9.0%

FEATURED COMPANIES

  • ABB Ltd.
  • Advantech Co., Ltd.
  • Emerson Electric Co.
  • General Electric Co.
  • Kontron AG
  • Rockwell Automation, Inc.
  • MORE

"Human Machine Interface Market (HMI) by Offering (Hardware (Basic HMI, Advanced PC-Based HMI, Advanced Panel-Based HMI) and Software (On-Premise HMI and Cloud-Based HMI)), Configuration Type (Stand-Alone HMI and Embedded HMI) - Global Forecast to 2022"

The HMI market is expected to be valued at USD 5.86 billion by 2022, growing at a CAGR of 9.0% between 2016 and 2022. The key driving factors for the growth of the HMI market are increasing adoption of industrial automation equipment in the manufacturing sector, evolution of industrial internet of things (IIoT) and rising demand for smart automation solution, and growing need of efficiency and monitoring in the manufacturing plant. However, high installation cost and complex designing structure of HMI are some of the key factors restraining the growth of the HMI market.

The HMI market for software offering is expected to grow at a higher rate during the forecast period. HMI software systems offer flexibility and reliability and also enhance efficiency of the production process, which is expected to increase the demand of HMI software during the forecast period.

The oil and gas industry is expected to hold the largest size of the HMI market during the forecast period. Safety and reliability of the oil and gas plant is crucial for the management of entire plant. Thus, the industry needs HMI solutions for ensuring the safety and operational efficiency of the oil and gas plants.

The HMI market in APAC is expected to grow at the highest rate between 2016 and 2022. The major factors driving the HMI market in the APAC region are continuous advancements and technological innovations in different industries, economic development in China, Japan, and India, growing infrastructure developments, and increasing foreign investment in the region. Furthermore, the emergence of China as the major manufacturing hub is increasing the scope of HMI solutions in the region.

Breakup of the profiles of primary participants for the report:

  • By Company Type: Tier 1 = 50%, Tier 2 = 30%, and Tier 3 = 20%
  • By Designation: C-Level Executives = 70%, Directors = 20%, and Others = 10%
  • By Region: North America = 40%, Europe = 35%, APAC = 15%, and RoW = 10%

The key players in the HMI 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), and Yokogawa Electric Corporation (Japan).

Research Coverage:

The research report on the global HMI market covers different segments, namely, offering, configuration type, end-user industry, and geography. The market has been segmented on the basis of offering into hardware and software. On the basis of hardware, the market is further subsegmented into basic HMI, advanced panel-based HMI, and advanced-PC based HMI. Software segment is further subsegmented into cloud-based HMI and on-premise HMI On the basis of configuration type, the HMI market has been classified into stand-alone HMI and embedded HMI. The report covers two types of industries, namely, process industries and discrete industries. Further, process industries have been segmented into oil and gas, food and beverages, chemical, energy and power, metals and mining, pharmaceutical, and other industries which include pulp and paper and water and waste water. Discrete industries include automotive, aerospace and defense, semiconductor and electronics, packaging, and medical devices. The report covers four major regions, namely, North America, Europe, Asia-Pacific (APAC), and Rest of the World (RoW).

Key Benefits of Buying the Report:

  • The report includes illustrative segmentation, analysis, and forecast for the market based on offering, configuration type, end-user industry, and geography.
  • Porter’s five forces framework has been utilized along with the value chain analysis to provide an in-depth insight into the HMI market.
  • The major drivers, restraints, opportunities, and challenges for the HMI market have been detailed in this report.
  • A detailed competitive landscape includes key players, in-depth analysis, and market share of the key players.
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • ABB Ltd.
  • Advantech Co., Ltd.
  • Emerson Electric Co.
  • General Electric Co.
  • Kontron AG
  • Rockwell Automation, Inc.
  • MORE

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Study Scope
1.3.1 Markets Covered
1.3.2 Years Considered for the Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.2 Value Chain Analysis-Industrial Automation
2.2.1 Secondary and Primary Research
2.2.1.1 Key Industry Insights
2.2.2 Secondary Data
2.2.2.1 Key Data From Secondary Sources
2.2.3 Primary Data
2.2.3.1 Primary Interviews With Experts
2.2.3.2 Breakdown of Primaries
2.2.3.3 Key Data From Primary Sources
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.1.1 Approach for Capturing the Market Share By Bottom-Up Analysis (Demand Side)
2.3.2 Top-Down Approach
2.3.2.1 Approach for Capturing the Market Share By Top-Down Analysis (Supply Side)
2.4 Market Breakdown & Data Triangulation
2.5 Research Assumptions

3 Executive Summary

4 Premium Insights
4.1 Human Machine Interface Market, 2016-2022 (USD Billion)
4.2 HMI Market, By Configuration Type (2016-2022)
4.3 HMI Market, By Offering (2016)
4.4 HMI Market, By Process Industry and Geography (2016)
4.5 HMI Market, By Geography (2016)

5 Market Overview
5.1 Introduction
5.2 Market Segmentation
5.2.1 By Offering
5.2.2 By Configuration Type
5.2.3 By Sales Channel
5.2.4 By End-User Industry
5.2.5 By Geography
5.3 Market Dynamics
5.3.1 Drivers
5.3.1.1 Evolution of Industrial Internet of Things (IIoT) and Growing Demand of Smart Automation Solution
5.3.1.2 Increasing Rate of Adoption of Industrial Automation Equipment in the Manufacturing Sector
5.3.1.3 Growing Need of Efficiency and Monitoring in the Manufacturing Plant
5.3.2 Restraints
5.3.2.1 High Installation Cost
5.3.2.2 Complex Designing Structure of HMI
5.3.3 Opportunities
5.3.3.1 Increasing Investment in the Renewable Power Projects
5.3.3.2 Integration of Micro Programmable Logic Controllers (PLCs) With HMI
5.3.4 Challenges
5.3.4.1 Increasing Security Risks Associated With Cloud-HMI Platform

6 Industry Trends
6.1 Introduction
6.2 Value Chain Analysis
6.3 Porter’s Five Forces Analysis
6.3.1 Intensity of Competitive Rivalry
6.3.2 Threat of Substitutes
6.3.3 Bargaining Power of Buyers
6.3.4 Bargaining Power of Suppliers
6.3.5 Threat of New Entrants

7 Market Analysis, By Offering
7.1 Introduction
7.2 Hardware
7.2.1 Basic HMI
7.2.1.1 High Demand in Simple and Price-Sensitive Applications
7.2.2 Advanced Panel-Based HMI
7.2.2.1 Ability to Operate in More Demanding Application Areas
7.2.3 Advanced Pc-Based HMI
7.2.3.1 Advanced Pc-Based HMI Offers Iot and Cloud Connectivity That Enables Analytics With Big Data
7.3 Software
7.3.1 On-Premise HMI
7.3.1.1 High Level of Data Security and Safety Encourages Adoption of On-Premise HMI Solutions
7.3.2 Cloud-Based HMI
7.3.2.1 High Implementation of Cloud-Based HMIs in Small Enterprises Owing to Low Initial Cost
7.4 Services

8 Market Analysis, By Configuration Type
8.1 Introduction
8.2 Embedded HMI
8.2.1 Embedded HMI Offers Enormous Benefits to End Users, Thus the Demand is High
8.3 Stand-Alone HMI
8.3.1 Growing Pressure on Reduction of Total Cost of Ownership (TCO) Encourages the Adoption of Stand-Alone HMI

9 Sales Channels for HMI Solutions
9.1 Introduction
9.2 Direct Sales Channels
9.3 Indirect Sales Channels
9.3.1 Easy Accessibly of E-Commerce Channel Expected to Encourage the Adoption of Online Sales Channels

10 Market, By End-User Industry
10.1 Introduction
10.2 Process Industry
10.2.1 Oil and Gas
10.2.1.1 Rapid Growth in Companies Using Unconventional Oil and Gas Sources Increases the Need of Remote Monitoring
10.2.2 Food and Beverages
10.2.2.1 Stringent Quality Requirements in Food and Beverages Industry Encourages Manufacturers to Launch High-Quality HMI Products
10.2.3 Pharmaceutical
10.2.3.1 The Advancement in Pharmaceutical Manufacturing Leads to the Adoption of HMI Solutions
10.2.4 Chemical
10.2.4.1 Increasing Automation in Chemical Industry to Encourage the Growth of the Human Machine Interface Market
10.2.5 Energy and Power
10.2.5.1 Increasing Demand of Advanced Monitoring Solutions to Encourage Demand of Advanced HMI Solutions
10.2.6 Metals and Mining
10.2.6.1 High Risk Associated With Mining Operations Highlights the Need of Adoption of HMI Solutions
10.2.7 Others
10.3 Discrete Industry
10.3.1 Automotive
10.3.1.1 Adoption of HMI in Automotive Industry Helps in Meeting the Customers’ Demand With Reduced Time and Wastage
10.3.2 Aerospace and Defense
10.3.2.1 High Equipment Cost Encourages Adoption of HMI Solutions to Ensure Proper Functioning of the Equipment
10.3.3 Packaging
10.3.3.1 Increasing Emphasis on the Packaging of Products in the Industries Such as Food and Beverages, Pharmaceutical, and Consumer Goods
10.3.4 Medical Device
10.3.4.1 Designing of HMI Plays Key Role in the Medical Device Industry
10.3.5 Semiconductor and Electronics
10.3.5.1 High Competition in the Industry Encourages the Adoption of HMI Solutions to Enhance the Productivity

11 Geographical Analysis
11.1 Introduction
11.2 North America
11.2.1 U.S.
11.2.1.1 New Product Launches and Developments to Drive the Growth of the HMI Market in the U.S.
11.2.2 Canada
11.2.2.1 Growing Processed Food Industry to Fuel the Growth of the HMI Market in Canada
11.2.3 Mexico
11.2.3.1 Expansions By Key Players to Drive the Growth of the HMI Market in Mexico
11.3 Europe
11.3.1 U.K.
11.3.1.1 Rising Automation in the Food and Beverages Industry Driving the Growth of the HMI Market in the U.K.
11.3.2 Germany
11.3.2.1 Increasing Adoption of Advanced Technologies in the Automotive Industry to Drive the Growth of the HMI Market in Germany
11.3.3 France
11.3.3.1 Government Initiatives and Support to Fuel the Growth of the HMI Market in France
11.3.4 Rest of Europe
11.4 APAC
11.4.1 China
11.4.1.1 Increasing Labor Costs in the Country to Encourage the Adoption of Advanced Automation Technologies
11.4.2 Japan
11.4.2.1 Increasing Production of Automobiles to Boost the Growth of the HMI Market in Japan
11.4.3 India
11.4.3.1 Technological Developments in the Mining Industry to Create Significant Growth Opportunity for the HMI Market in India
11.4.4 Rest of APAC
11.4.4.1 Smart Manufacturing Initiatives to Boost the Adoption of HMI Solutions in the Rest of APAC
11.5 Rest of the World (RoW)
11.5.1 South America
11.5.2 Middle East
11.5.2.1 High Adoption of HMI Solutions in the Oil and Gas Industry Driving Market Growth in the Middle East
11.5.3 Africa
11.5.3.1 Digitalization of Mines to Propel the Growth of the HMI Market in Africa

12 Competitive Landscape
12.1 Overview
12.2 Market Ranking Analysis: HMI Market, 2015
12.3 Competitive Situations and Trends
12.3.1 New Product Launches and Developments
12.3.2 Agreements and Contracts
12.3.3 Acquisitions and Expansions

13 Company Profiles
13.1 Introduction
(Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, Ratio Analysis, MnM View) -
13.2 ABB Ltd.
13.3 Mitsubishi Electric Corporation
13.4 Rockwell Automation, Inc.
13.5 Schneider Electric Se
13.6 Siemens AG
13.7 Emerson Electric Co.
13.8 Honeywell International, Inc.
13.9 Yokogawa Electric Corporation
13.10 General Electric Co.
13.11 Kontron AG
13.12 Advantech Co., Ltd.

- Details on Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.

14 Appendix
14.1 Insights of Industry Experts
14.2 Discussion Guide

List of Tables

Table 1 List of Major Secondary Sources
Table 2 Human Machine Interface Market, By Offering
Table 3 HMI Market, By Configuration Type
Table 4 HMI Market, By Sales Channel
Table 5 HMI Market, By End-User Industry
Table 6 Human Machine Interface Market, By Offering, 2013-2022 (USD Billion)
Table 7 HMI Market, By Hardware, 2013-2022 (USD Million)
Table 8 Human Machine Interface Market, By Hardware, 2013-2022 (Million Units)
Table 9 HMI Market, By Software, 2013-2022 (USD Million)
Table 10 Human Machine Interface Market, By Configuration Type, 2013-2022 (USD Billion)
Table 11 HMI Market for Embedded HMI, By End-User Industry, 2013-2022 (USD Million)
Table 12 HMI Market for Stand-Alone HMI, By End-User Industry, 2013-2022 (USD Million)
Table 13 Human Machine Interface Market, By End-User Industry, 2013-2022 (USD Billion)
Table 14 HMI Market, By Process Industry, 2013-2022 (USD Million)
Table 15 HMI Market for Process Industry, By Geography, 2013-2022 (USD Million)
Table 16 Market for Process Industry, By Offering, 2013-2022 (USD Million)
Table 17 Market for Process Industry, By Configuration Type, 2013-2022 (USD Million)
Table 18 Market for Oil and Gas Industry, By Geography, 2013-2022 (USD Million)
Table 19 HMI Market for Oil and Gas Industry, By Offering, 2013-2022 (USD Million)
Table 20 HMI Market for Oil and Gas Industry, By Configuration Type, 2013-2022 (USD Million)
Table 21 HMI Market for Food and Beverages Industry, By Geography, 2013-2022 (USD Million)
Table 22 Human Machine Interface Market for Food and Beverages Industry, By Offering, 2013-2022 (USD Million)
Table 23 HMI Market for Food and Beverages Industry, By Configuration Type, 2013-2022 (USD Million)
Table 24 HMI Market for Pharmaceutical Industry, By Geography, 2013-2022 (USD Million)
Table 25 HMI Market for Pharmaceutical Industry, By Offering, 2013-2022 (USD Million)
Table 26 Human Machine Interface Market for Pharmaceutical Industry, By Configuration Type, 2013-2022 (USD Million)
Table 27 HMI Market for Chemical Industry, By Geography, 2013-2022 (USD Million)
Table 28 HMI Market for Chemical Industry, By Offering, 2013-2022 (USD Million)
Table 29 HMI Market for Chemical Industry, By Configuration Type, 2013-2022 (USD Million)
Table 30 HMI Market for Energy and Power Industry, By Geography, 2013-2022 (USD Million)
Table 31 Human Machine Interface Market for Energy and Power Industry, By Offering, 2013-2022 (USD Million)
Table 32 HMI Market for Energy and Power Industry, By Configuration Type, 2013-2022 (USD Million)
Table 33 HMI Market for Metals and Mining Industry, By Geography, 2013-2022 (USD Million)
Table 34 HMI Market for Metals and Mining Industry, By Offering, 2013-2022 (USD Million)
Table 35 Human Machine Interface Market for Metals and Mining Industry, By Configuration Type, 2013-2022 (USD Million)
Table 36 HMI Market for Other Industry, By Geography, 2013-2022 (USD Million)
Table 37 HMI Market for Others Industry, By Offering, 2013-2022 (USD Million)
Table 38 HMI Market for Others Industry, By Configuration Type, 2013-2022 (USD Million)
Table 39 Human Machine Interface Market, By Discrete Industry, 2013-2022 (USD Million)
Table 40 Market for Discrete Industry, By Geography, 2013-2022 (USD Million)
Table 41 Market for Discrete Industry, By Offering, 2013-2022 (USD Million)
Table 42 Market for Process Industry, By Configuration Type, 2013-2022 (USD Million)
Table 43 Market for Automotive Industry, By Geography, 2013-2022 (USD Million)
Table 44 HMI Market for Automotive Industry, By Offering, 2013-2022 (USD Million)
Table 45 HMI Market for Automotive Industry, By Configuration Type, 2013-2022 (USD Million)
Table 46 HMI Market for Aerospace and Defense Industry, By Geography, 2013-2022 (USD Million)
Table 47 HMI Market for Aerospace and Defense Industry, By Offering, 2013-2022 (USD Million)
Table 48 HMI Market for Aerospace and Defense Industry, By Configuration Type, 2013-2022 (USD Million)
Table 49 HMI Market for Packaging Industry, By Geography, 2013-2022 (USD Million)
Table 50 Human Machine Interface Market for Packaging Industry, By Offering, 2013-2022 (USD Million)
Table 51 HMI Market for Packaging Industry, By Configuration Type, 2013-2022 (USD Million)
Table 52 HMI Market for Medical Device Industry, By Geography, 2013-2022 (USD Million)
Table 53 HMI Market for Medical Device Industry, By Offering, 2013-2022 (USD Million)
Table 54 HMI Market for Medical Device Industry, By Configuration Type, 2013-2022 (USD Million)
Table 55 HMI Market for Semiconductor and Electronics Industry, By Geography, 2013-2022 (USD Million)
Table 56 HMI Market for Semiconductor and Electronics Industry, By Offering, 2013-2022 (USD Million)
Table 57 Human Machine Interface Market for Semiconductor and Electronics Industry, By Configuration Type, 2013-2022 (USD Million)
Table 58 Human Machine Interface Market, By Geography, 2013-2022 (USD Million)
Table 59 Human Machine Interface Market in North America, By Country, 2013-2022 (USD Million)
Table 60 HMI Market in North America, By End-User Industry, 2013-2022 (USD Million)
Table 61 HMI Market in North America, By Offering, 2013-2022 (USD Million)
Table 62 Human Machine Interface Market in Europe, By Country, 2013-2022 (USD Million)
Table 63 HMI Market in Europe, By End-User Industry, 2013-2022 (USD Million)
Table 64 HMI Market in Europe, By Offering, 2013-2022 (USD Million)
Table 65 Human Machine Interface Market in APAC, By Country, 2013-2022 (USD Million)
Table 66 HMI Market in APAC, By End-User Industry, 2013-2022 (USD Million)
Table 67 HMI Market in APAC, By Offering, 2013-2022 (USD Million)
Table 68 Human Machine Interface Market in RoW, By Country, 2013-2022 (USD Million)
Table 69 HMI Market in RoW, By End-User Industry, 2013-2022 (USD Million)
Table 70 HMI Market in RoW, By Offering, 2013-2022 (USD Million)
Table 71 Market Ranking of the Top 5 Players in the Human Machine Interface Market, 2015
Table 72 New Product Launches and Developments
Table 73 Agreements and Contracts
Table 74 Acquisitions and Expansions

List of Figures

Figure 1 Human Machine Interface Market: Markets Covered
Figure 2 HMI Market: Research Design
Figure 3 Value Chain - Industrial Automation
Figure 4 Bottom-Up Approach to Arrive at the Market Size
Figure 5 Top-Down Approach to Arrive at the Market Size
Figure 6 Data Triangulation
Figure 7 Assumptions of the Research Study
Figure 8 HMI Software Market Anticipated to Witness Highest CAGR During the Forecast Period
Figure 9 HMI Market for Embedded HMI to Grow at the Highest Rate During Forecast Period
Figure 10 HMI Market for Automotive Industry Expected to Grow at the Highest CAGR Between 2016 and 2022
Figure 11 Snapshot for the HMI Market, By Process Industry (2016 vs 2022): Market for the Oil and Gas Industry Expected to Hold the Largest Size During the Forecast Period
Figure 12 North America Hold the Highest Market Share in 2016
Figure 13 Increasing Need of Monitoring and Controlling Solution to Drive the Growth of the HMI Market
Figure 14 Market for Embedded HMI Expected to Grow at A Highest CAGR Between 2016 and 2022
Figure 15 Hardware Segment Expected to Hold A Larger Share of the HMI Market in 2016
Figure 16 Oil and Gas Industry Expected to Hold the Largest Share of the HMI Market By Process Industry in 2016
Figure 17 U.S. Expected to Hold the Largest Size of the HMI Market in 2016
Figure 18 HMI Market, By Geography
Figure 19 Evolution of Industrial Internet of Things (IIoT) and Growing Demand of Smart Automation Solution Expected to Drive the Growth of the HMI Market
Figure 20 Worldwide Annual Sale of Industrial Robots, 2010-2015
Figure 21 Global Investment in Renewable Energy, 2010-2015
Figure 22 Value Chain Analysis: Maximum Value Added During the HMI Manufacturing and System Integration Stages
Figure 23 Human Machine Interface Market: Porter’s Five Forces Analysis, 2016
Figure 24 Intensity of Competitive Rivalry and Bargaining Power of Buyers Expected to Have A High Impact
Figure 25 HMI Market: Impact Analysis of Intensity of Competitive Rivalry
Figure 26 HMI Market: Impact Analysis of Threat of Substitutes
Figure 27 HMI Market: Impact Analysis of Bargaining Power of Buyers
Figure 28 HMI Market: Impact Analysis of Bargaining Power of Suppliers
Figure 29 HMI Market: Threat of New Entrants
Figure 30 HMI Market, By Offering
Figure 31 HMI Market, By Hardware
Figure 32 Advanced Pc-Based HMI Segment Expected to Hold the Largest Size of the Market During the Forecast Period
Figure 33 Human Machine Interface Market, By Software
Figure 34 Market for Cloud-Based HMI Segment Expected to Grow With A Highest CAGR Between 2016-2022
Figure 35 HMI Market, By Configuration Type
Figure 36 Embedded HMI Segment Expected to Hold A Largest Market Size of the Human Machine Interface Market Between 2016 and 2022
Figure 37 Sales Channels of the Human Machine Interface Solutions
Figure 38 Global Human Machine Interface Market, By End-User Industry
Figure 39 Human Machine Interface Market, By Process Industry
Figure 40 North America Expected to Hold the Largest Size of the HMI Market for Process Industry During the Forecast Period
Figure 41 RoW Expected to Hold the Largest Share of HMI Market for Oil and Gas Industry Between 2016 and 2022
Figure 42 HMI Market for Food and Beverages Industry is Anticipated to Witness Highest CAGR in APAC Between 2016 and 2022
Figure 43 HMI Market in APAC for Pharmaceutical Industry to Grow With the Highest CAGR Between 2016 and 2022
Figure 44 APAC Expected to Hold the Largest Size of the HMI Market for Chemical Industry Between 2016 and 2022
Figure 45 APAC Expected to Hold the Largest Size of the HMI Market for Energy and Power Industry During the Forecast Period
Figure 46 The HMI Market for Metals and Mining Industry in RoW Expected to Grow at Highest CAGR During the Forecast Period
Figure 47 RoW Expected to Grow at the Highest CAGR in the HMI Market for Others Industry During the Forecast Period
Figure 48 Human Machine Interface Market, By Discrete Industry
Figure 49 The HMI Market for Discrete Industry in APAC Expected to Grow at the Highest CAGR Between 2016 and 2022
Figure 50 APAC Expected to Hold the Largest Size in the HMI Market for Automotive Industry During the Forecast Period
Figure 51 HMI Market for Aerospace and Defense Industry in APAC Expected to Grow at the Highest CAGR During the Forecast Period
Figure 52 North America Expected to Hold the Largest Size of the HMI Market for Packaging Industry During the Forecast Period
Figure 53 HMI Market in APAC for Medical Device Industry to Grow at the Highest CAGR Between 2016 and 2022
Figure 54 APAC Expected to Hold the Largest Size of the HMI Market for Semiconductor and Electronics Industry During the Forecast Period
Figure 55 Geographic Snapshot: Global Human Machine Interface (HMI) Market
Figure 56 Snapshot of the HMI Market in North America
Figure 57 U.S. to Hold the Largest Size of the HMI Market in North America By 2022
Figure 58 HMI Market for Process Industry in North America to Grow at the Highest Rate Between 2016 and 2022
Figure 59 France Expected to Hold the Largest Size of the HMI Market in Europe During the Forecast Period
Figure 60 HMI Market in Germany to Grow at the Highest Rate Between 2016 and 2022
Figure 61 HMI Market for Process Industry in Europe Expected to Grow at the Highest Rate During the Forecast Period
Figure 62 Snapshot of the Human Machine Interface Market in APAC
Figure 63 China to Lead the HMI Market in APAC Between 2016 and 2022
Figure 64 HMI Market for Software in APAC Likely to Grow at the Highest Rate Between 2016 and 2022
Figure 65 HMI Market in the Middle East to Grow at the Highest Rate During the Forecast Period
Figure 66 HMI Market for Software to Grow at the Highest Rate Between 2016 and 2022
Figure 67 New Product Launches and Developments as the Key Growth Strategy Adopted By the Companies Between 2013 and 2016
Figure 68 Market Evolution Framework: New Product Launches and Developments Fueled the Growth of the HMI Market During the Forecast Period (2013-2016)
Figure 69 Battle for Market Share: New Product Launches and Developments Was the Key Strategy Adopted in the HMI Market in the Forecast Period.
Figure 70 Geographic Revenue Mix of the Top 5 Players (2015)
Figure 71 ABB Ltd.: Company Snapshot
Figure 72 ABB Ltd.: SWOT Analysis
Figure 73 Mitsubishi Electric Corporation: Company Snapshot
Figure 74 Mitsubishi Electric Corporation: SWOT Analysis
Figure 75 Rockwell Automation, Inc.: Company Snapshot
Figure 76 Rockwell Automation, Inc.: SWOT Analysis
Figure 77 Schneider Electric Se: Company Snapshot
Figure 78 Schneider Electric Se: SWOT Analysis
Figure 79 Siemens AG: Company Snapshot
Figure 80 Siemens AG: SWOT Analysis
Figure 81 Emerson Electric Co.: Company Snapshot
Figure 82 Honeywell International, Inc.: Company Snapshot
Figure 83 Yokogawa Electric Corporation: Company Snapshot
Figure 84 General Electric Co.: Company Snapshot
Figure 85 Kontron AG: Company Snapshot
Figure 86 Advantech Co., Ltd. : Company Snapshot

Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • ABB Ltd.
  • Advantech Co., Ltd.
  • Emerson Electric Co.
  • General Electric Co.
  • Kontron AG
  • Rockwell Automation, Inc.
  • MORE

The human machine interface market (HMI) is expected to be worth USD 5.86 Billion by 2022, growing at a CAGR of 9.0% between 2016 and 2022. The growth of this market is propelled by growing acceptance of industrial automation equipment in the manufacturing sector, evolution of industrial internet of things (IIoT) and increasing demand for smart automation solution, and growing need of efficiency and monitoring in the manufacturing plant.

The hardware segment lead the global market in terms of market share in 2015. Hardware segment includes basic HMI, advanced panel-based HMI, and advanced PC-based HMI. The market for advanced panel-based HMI is expected to witness a highest CAGR during the forecast period. Increasing demand of mobile HMIs is driving the growth of the advanced panel-based human machine interface market. In addition, the advanced panel-based HMIs have high demand in industries such as oil and gas, chemical, and energy and power, where critical operations are involved. The industries demand advanced solutions to enhance the visibility of production process.

The market for embedded HMI solution is expected to hold a larger market size by 2022 owing to increasing adoption of the embedded HMI solutions in process industry. Embedded platforms enable easy communication between two machines and provide easy access to operators, and thus help operators in process industries to gain more process visibility.

The discrete industry dominated the human machine interface market in 2015. Growing need for the monitoring and controlling solutions in automotive, packaging, and aerospace and defense industry is expected to drive this market growth. The automotive industry is expected to hold the largest size of the global HMI market for discrete industry between 2016 and 2022. Intensified operation of automotive manufacturing companies to cater the increasing demand for automobiles is expected to drive the demand of the HMI solutions in this industry.

North America is expected to lead the overall market between 2016 and 2022. Factors such as growth in the discrete industries, high adoption of advanced manufacturing practices, and increasing demand for advanced software solutions in the manufacturing industries are propelling the growth of the human machine interface market in this region. The HMI market in APAC is expected to witness the highest growth rate during the forecast period. Technological innovations in different industries and increasing economic and infrastructure developments in China, Japan, India, and other Southeast Asian countries are the major factors driving the market growth in the APAC region.

The key restraining factors for the human machine interface market are high installation cost and complexity involved in the designing of HMI solutions. The key market players such as Rockwell Automation Inc. (U.S.), Schneider Electric SE (France), and Mitsubishi Electric Corporation (Japan) focusing on new product launches and developments, expansion, acquisitions, and collaborations to enhance their product offerings and expand their business.

Note: Product cover images may vary from those shown
4 of 4
  • ABB Ltd.
  • Advantech Co., Ltd.
  • Emerson Electric Co.
  • General Electric Co.
  • Honeywell International, Inc.
  • Kontron AG
  • Mitsubishi Electric Corporation
  • Rockwell Automation, Inc.
  • Schneider Electric Se
  • Siemens AG
  • Yokogawa Electric Corporation
Note: Product cover images may vary from those shown
5 of 4
Note: Product cover images may vary from those shown
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