Human Machine Interface Market - Global Outlook and Forecast to 2022

ReportsnReports.com adds "Human Machine Interface (HMI) Market - Global Outlook and Forecast 2017-2022" report to its research store.

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The global human machine interface (HMI) market is likely to cross $7.4 billion, growing impressively at a CAGR of 9% during 2016-2022. Increased in industrial automation and incorporation of HMI in semiconductor fabrication plants and electrical and electronic assembling plants are driving the global market.

While the bionic segment will have the largest revenue, the motion segment is expected to grow at a high rate. Despite rapid growth of software interfaces, hardware will be a dominating interface for the global human interface market. North America to dominate the market led by US.

Major vendors profiled in the report are as following:
• Schneider Electric
• Rockwell Automation
• Siemens
• Mitsubishi Electric
• Omron

Other vendors ABB, General Electric, Toshiba, Kontron, Honeywell, Panasonic, Bosch Rexroth, Eaton, Emerson, Yokogawa

The report includes the current market scenario of the global Human Machine Interface market and includes a detailed study of growth drivers, trends, and restraints. The report also profiles the leading vendors in the market and other key vendors.

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The report considers the sale of industrial interfaces for human-machine interaction at the manufacturer level to arrive at the market size. Both the first-time demand and replacement demand were factored in while arriving at the market estimates annually. The revenues cited in the report reflect both the sale of standard offerings and custom offerings by vendors to institutional customers. The resellers market and implementation cases of retrofit were not considered in the report. Revenues were captured for both standalone and institutional sales made and reported by major vendors.

The report provides the analysis of key segments of the HMI market by technology type, configuration, interface, end-user geography, countries and vendors. It provides a detailed analysis of revenue from various segments:

Technology Type: Optical, Acoustic, Bionic, Tactile & Motion

Configurations: Standalone & Embedded

Interface Type: Hardware, Software

End-user: Automotive, Chemicals and petrochemicals, Mining and metallurgy, Paper, packaging, and printing, Food and beverage manufacture and packaging, Healthcare & Oil and gas

Major Geographies: APAC, EMEA, Latin America, North America

Key Countries: Canada, China, Japan & US

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The report provides a holistic view of the global HMI market, the companies involved in the market, and the factors driving its growth. The report also provides information about the latest trends that are likely to become strong market driving forces over the next five years. It also provides the Porter’s Five Forces analysis along with a description of each force and its impact on the market. Further, the report also provides complete value chain analysis of the global human machine interface market.

The global HMI market, which is concentrated in four countries, constituting about half of the global market size, is China, Japan, Canada, and the US. The demand for human machine interface implementation in the North America region is driven by a high awareness of their advantages over conventional products, better product availability, and extensive reach of innovative products. The US is the world’s largest market for human machine interfaces, driven by a high degree of automation, better availability of range and awareness, followed by China. The market in Europe is largely driven by the demand from key end-user industries in Germany, the UK, and France.

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