Press release
Text Panel HMI Market: Recent Industry Developments And Growth Strategies Adopted By Players
The increasing need of automation in the manufacturing sector is fueling the growth of the text panel HMI market. The demand for HMI that can support varied communication protocols is also contributing to the growth of the text panel HMI market. The need for flexible and lightweight HMI is another driving factor. The customization to suit versatile requirements and multi-functioning capability of the text panel HMI reduces the cost of ownership in the long run and thus is a market driving factor. However, the high initial cost of installation associated with the text panel HMI is a restraining factor for the growth of its market. The integration of advanced analytics software along with the products for better analyzing of codes for the purpose of converting the text and the graphical format; is widening the scope of the text panel HMI market. The technological advancements in the HMI (Human Machine Interface) will further create the growth opportunities for the text panel HMI in the coming years. One of the prominent trends in the global text panel HMI market is the integration of Bluetooth with it. Another prominent trend is that the text panel HMI these days are Wi-Fi enabled.
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The global text panel HMI market can be segmented on the basis of software deployment:
On-premise HMI
Cloud based HMI
It can be segmented on the basis of configuration type:
Stand-alone HMI
Embedded HMI
It can also be segmented on the basis of the end-user industry:
Process Industries
Oil & Gas
Energy & Power
Food & Beverages
Automobiles
Aerospace
Metals & Mining
Defense
Packaging
Semiconductors & Electronics
Healthcare
Public Transport
The remote programming technology of the text panel HMI enables easy access of the user accounts from a single access point. This feature makes it suitable to be used for manufacturing processes across different industry verticals. A common database decreases the development time by eliminating the requirement to re-enter the tag names. This coupled with the availability of a vast library of animated objects (pre-configured); increases the scope of application of the text panel HMI. The wide screen of the text panel HMI offers clearer and complete visualization of the industrial environment.
The global text panel HMI market geographically is segmented as North America, Eastern Europe, Western Europe, Latin America, Asia-Pacific excluding Japan, Japan, and Middle East & Africa. North America and Europe hold a significant market share of text panel HMI market owing to the fully developed infrastructure and automation. Furthermore, the increase in R & D activities related to construction activities, wherein the text panel HMI are useful, aids in boosting the growth of text panel HMI market in the region. The market in APEJ is more inclined towards growing demand for the text panel HMI because of the increasing demand for the advanced technology products.
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The text panel HMI manufactured by the Delta Electronics, Inc. can display two lines of text or message at the same time and have easy to control options. The text panel HMI manufactured by the Rockwell Automation, Inc. are a type of panel mount display devices which provide keypad options for operator input. Schneider Electric offers the best-in class display with a high resonance colored touchscreen; it can be easily installed and functions as a smartphone. General Electric’s text panel HMI have interoperability and flexibility that further boosts the product performance and efficiency.
Some of the prominent players in the global text panel HMI market are:
ABB
Bosch Rexroth USA
Eaton
General Electric
Honeywell International Inc.
Mitsubishi Electric Corporation
Rockwell Automation, Inc.
Schneider Electric
Siemens AG
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