Global Human Machine Interface Market Growth (Status and Outlook) 2023-2029
Human Machine Interface (HMI) is a component of certain devices that are capable of handling human-machine interactions. The interface consists of hardware and software that allow user inputs to be translated as signals for machines that, in turn, provide the required result to the user. Human-machine interface technology has been used in different industries like electronics, entertainment, military, medical, etc. Human-machine interfaces help in integrating humans into complex technological systems.
LPI (LP Information)' newest research report, the “Human Machine Interface Industry Forecast” looks at past sales and reviews total world Human Machine Interface sales in 2022, providing a comprehensive analysis by region and market sector of projected Human Machine Interface sales for 2023 through 2029. With Human Machine Interface sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Human Machine Interface industry.
This Insight Report provides a comprehensive analysis of the global Human Machine Interface landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Human Machine Interface portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Human Machine Interface market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Human Machine Interface and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Human Machine Interface.
The global Human Machine Interface market size is projected to grow from US$ 4582.3 million in 2022 to US$ 6724.7 million in 2029; it is expected to grow at a CAGR of 5.6% from 2023 to 2029.
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.
This report presents a comprehensive overview, market shares, and growth opportunities of Human Machine Interface market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Stand-Alone HMI
Embedded HMI
Segmentation by application
Industrial
Commercial
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
ABB
Mitsubishi Electric
Rockwell Automation
Schneider Electric
Siemens
Emerson Electric
Honeywell
Yokogawa Electric
General Electric
Kontron
Advantech
Pro-Face
Please note: The report will take approximately 2 business days to prepare and deliver.
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