Press release
Human Machine Interface Market is Estimated to Reach USD 9.86 Billion By 2030: Cognitive Market Research
Human Machine Interface Market is Estimated to Reach USD 9.86 Billion By 2030: Cognitive Market Research
The human-machine interface (HMI) is an electronic device component, which allows the user to easily communicate and interact with the machine or system. HMI is made up of a number of hardware and software components that convert human inputs into signals that machines use to produce results. These help to reduce errors and improve customer satisfaction, efficiency, and comfort.
Summary:
• Global Human Machine Interface Market Size Was Valued at USD 4.21 Billion In 2022 And Is Expected to Grow at A CAGR Of 9.71 % During the Forecast Period, Reaching USD 9.86 Billion By 2030.
• Based on the offering, the hardware segment has the largest revenue share in the human-machine interface market.
• Based on the industry vertical, the automotive segment has the largest revenue share in the human-machine interface market.
• North America has the largest revenue share in the human-machine interface market.
To know more The Human Machine Interface Market statistics click here: https://www.cognitivemarketresearch.com/human-machine-interface-market-report
Market Dynamics:
Increasing demand for monitoring production plants and industrial automation is a major factor expected to drive the growth of the human-machine interface market. Furthermore, the increasing adoption of mobile HMIs and deployment of advanced technologies create growth opportunities for the human-machine interface market. However, increasing costs, investment, and inadequate HMI design are expected to hamper the growth of the human-machine interface market.
Market Segmentation:
Offering:
• Hardware
• Software
Based on the offering, the hardware segment has the largest revenue share in the human-machine interface market. This is due to increasing human-machine interface components for effective work operations anticipated to drive the growth of the hardware segment.
Deployment Mode:
• On-Premise
• Cloud
Based on the deployment mode, the on-premise segment has the largest revenue share in the human-machine interface market. This is due to increasing demand for on-premise mode in the human-machine interface market.
Configuration:
• Embedded HMI
• Standalone HMI
Based on the configuration, the embedded HMI segment has the largest revenue share in the human-machine interface market. This is attributed to embedded HMIs offering an integrated environment, which is simpler, user-friendly, and enhances operator efficiency.
Industry Vertical:
• Oil and Gas
• Food and Beverages
• Chemicals
• Pharmaceuticals
• Metal and Mining
• Automotive
• Aerospace
• Others
Based on the industry vertical, the automotive segment has the largest revenue share in the human-machine interface market. This is due to increasing demand for automobiles in developing economies and technological innovations in the automotive industry.
Competitive Analysis for Human Machine Interface Market: ABB, Mitsubishi Electric, Rockwell Automation, Schneider Electric, Siemens, Emerson Electric, Honeywell, Yokogawa Electric, General Electric, Kontron, Advantech, Pro Face
Get free sample pages of latest published Human Machine Interface Market Report: https://www.cognitivemarketresearch.com/human-machine-interface-market-report
North America accounted for the largest share of the human-machine interface market
North America has the largest revenue share in the human-machine interface market. This is due to the increasing adoption of the latest technologies such as cloud computing, the IoT, and new service models in the region.
News:
ABB has released new-generation HMI for minerals plants
In September 2019, ABB Ltd. has launched a new version of HMI software with a new visual control graphic interface and minerals process control library.
Browse Here For Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Human Machine Interface Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Human Machine Interface Market Segmentation
1.5.1 Human Machine Interface Market Regional Fragmentation
1.5.1 Human Machine Interface Market Players
• 1.6 Report Duration
Chapter 2 Research MethodologyReview Complete Research Methodology
Chapter 3 Executive Summary of Human Machine Interface Market
• 3.1 Global Human Machine Interface Market Size 2018 - 2030, (USD Million)
• 3.2 Global Human Machine Interface Market Statistics 2022: Snapshot
Chapter 4 Global Human Machine Interface Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Qualitative Analysis
Chapter 7 Company Profiling (Subject to Availability)
Chapter 8 Global Human Machine Interface Market by Configuration Segmentation Analysis (2018-2030)
Chapter 9 Global Human Machine Interface Market by Application Segmentation Analysis (2018-2030)
Chapter 10 Global Human Machine Interface Market by Offering Segmentation Analysis (2018-2030)
Chapter 11 Global Human Machine Interface Market by Deployment Mode Segmentation Analysis (2018-2030)
Chapter 12 Global Human Machine Interface Market Regional Analysis
Chapter 13 North America Human Machine Interface Market Outlook (2018 - 2030)
Chapter 14 Europe Human Machine Interface Market Outlook (2018 - 2030)
Chapter 15 Asia Pacific Human Machine Interface Market Outlook (2018 - 2030)
Chapter 16 Latin America Human Machine Interface Market Outlook (2018 - 2030)
Chapter 17 Middle East and Africa Human Machine Interface Market Outlook (2018 - 2030)
Chapter 18 Research Findings
Customized/Exclusive Report Access on Request
To know more Human Machine Interface Market TOC click here: https://www.cognitivemarketresearch.com/human-machine-interface-market-report#table_of_contents
Related Report:
• Brain Computer Interface Market- https://www.cognitivemarketresearch.com/brain-computer-interface-market-report
• Voice Communication Equipment Market- https://www.cognitivemarketresearch.com/voice-communication-equipment-market-report
• Electronic Thermal Interface Materials Market- https://www.cognitivemarketresearch.com/electronic-thermal-interface-materials-market-report
• Thermal Interface Pads Market- https://www.cognitivemarketresearch.com/thermal-interface-pads-market-report
𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
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Illinois, 60602
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About Cognitive Market Research Company:
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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