Human Machine Interface Market By Offering (Hardware, Software), By Deployment Mode (On-Premise, Cloud), By Configuration (Embedded HMI, Standalone HMI), By Industry Vertical (Oil and Gas, Food and Beverages, Chemicals, Pharmaceuticals, Metal and Mining, Automotive, Aerospace, Others): Global Opportunity Analysis and Industry Forecast, 2022-2031
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.
Key Benefits For StakeholdersThe 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.
Technology Trend Analysis
Strategic Recommedations
Additional company profiles with specific to client's interest
Additional country or region analysis- market size and forecast
Historic market data
Key Market SegmentsBy Industry VerticalOil and Gas
Food and Beverages
Chemicals
Pharmaceuticals
Metal and Mining
Automotive
Aerospace
Others
By OfferingHardware
Software
By Deployment ModeOn-Premise
Cloud
By ConfigurationEmbedded HMI
Standalone HMI
By RegionNorth 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 PlayersABB
Advantech Co., Ltd.
Siemens AG
General Electric
Rockwell Automation, Inc.
Emerson Electric Co.
Schneider Electric
Honeywell International Inc.
Mitsubishi Electric Corporation
Yokogawa Electric Corporation
Please Note: It will take 7-10 business days to complete the report upon order confirmation.