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Modest Growth Forecast for Global Human Machine Interface Market

01-11-2017 07:31 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: SMR

Modest Growth Forecast for Global Human Machine Interface

Human Machine Interface (HMI) is control system which provides a graphics-based visualization of an industrial managing and monitoring system. Human machine interface also referred as operator panel and user interface. Human machine interface typically located on the portable handheld devices and also in centralized control rooms. Human machine interface plays a vital role in the automotive industry. The human machine interface comprises electronics required to control the state of industrial automation equipment.

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The major driving factor of human machine interface market is increasing automation industry and strong demand for integrated software services coupled with products. The human machine interface market expected to witness the fastest growth over the forecast period. This growth can be attributed to advancement in technology by changing LED indicators to touch screen and graphical terminals. However, the high cost of human machine interface software services expected to major restraint of human machine interface market.

The study segments the global human machine interface market on the basis of product, applications and Regional segment. Different key products include in human machine interface markets such as display terminals, industrial Pcs, interface software and others. Interface software is the leading product segment and expected to witness rapid growth over the forecast period. Based on application, human machine interface market is segmented into the automotive industry, food and beverages, pharmaceutical, aerospace and defense, packaging industry and others. Automotive industry accounted for largest share of the overall market. This growth can be attributed to growing industrialization in India and China.

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Major regional segments analyzed in this study include North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa, further bifurcation of the region on the country level, which includes U.S., Germany, UK, France, China, Japan and India. North America dominated human machine interface market owing to increasing number of automation projects in this region. Asia Pacific is another leading region of the human machine interface market and expected to experience significant growth in the year to come.

Some of the key players in human machine interface market which include company overview, product portfolio, and recent developments such as acquisitions, mergers, expansion or product launch. In this report companies including Honeywell International Inc., Siemens AG Emerson Electric Corp., General Electric Co., Omron Corp., ABB Ltd. and Eaton Corp.

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Human Machine Interface Market: Product Segment Analysis

Display Terminals
Resistive Touchscreens
Capacitive Touchscreens
Near-Field Imaging Touchscreens
Infrared & Dispersive Signal Touchscreens
Industrial Pcs
Input/Output Devices
Storage Devices
Processors
Others
Interface Software
Others
Human Machine Interface Market: Application Segment Analysis

Automotive Industry
Food & Beverages
Pharmaceutical
Aerospace & Defense
Packaging Industry
Others
Human Machine Interface Market: Regional Segment Analysis

North America
U.S.
Europe
UK
France
Germany
Asia Pacific
China
Japan
India
Latin America
Brazil
Middle East & Africa

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Syndicate Market Research provides a range of marketing and business research solutions designed for our client’s specific needs based on our expert resources. The business scopes of Syndicate Market Research cover more than 30 industries including energy, new materials, transportation, daily consumer goods, chemicals, etc. We provide our clients with the one-stop solution for all the research requirements.

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