Press release
Human Machine Interface (HMI) Market - Industry Insights, Top Trends, Drivers, Market Size & Forecast 2022 | Arizton
According to a latest research report by Arizton, 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 HMI market. North America to dominate the market led by US.Request a sample here:https://www.arizton.com/market-reports/human-machine-interface-market
HMI Market: Key Vendor Analysis
Schneider Electric
Rockwell Automation
Siemens
Mitsubishi Electric
Omron
Other vendors included in the report are ABB, General Electric, Toshiba, Kontron, Honeywell, Panasonic, Bosch Rexroth, Eaton, Emerson, Yokogawa.
HMI Market Dynamics
Market Growth Enablers
Enterprise Networking to Drive HMI-PLC Technology
A Continuous Shift from WIMP (Windows-Icon-Mouse-Pointer Based GUI) To Multi-Touch GUI
Rise of Augmented Reality (AR) and Immersive Experiences
Overwhelming Rise in Global Industrial Automation Expenditure
Market Growth Restraint
Data Privacy and Security Concerns
Rapid Technology Curve and Automation Being Expensive in Several End-users
High Degree of Variability and Lack of Organizational Focus
Market Opportunities & Trends
IoT to Change Data Capturing and Handling Dramatically
Automated Gesture Recognition Systems to Gather Significant Interest
Moderation and Fundamental Shifts in Wearables Market
Virtualization and Automation to Majorly Impact HMI Development
Request a free sample now:
https://www.arizton.com/market-reports/human-machine-interface-market
HMI Market: Segmental Overview
Motion technology to post the highest growth rate of 10% during the forecast period.
Tactile, optical, and acoustic technologies together held 90.7% of the market share in 2016. The main driving factor of these technologies is that they provide effective public interface applications. The bionic technology will be the major revenue contributing segment of the global HMI market. Also, the motion technology will post the highest growth rate of more than 10% during the forecast period.
The analysts at Arizton expect that embedded configuration will have the dominance over the market growing rapidly compared with the standalone segment. Similarly, the software interface will post a rapid growth rate during the forecast period but the hardware interface will remain the dominant segment in terms of revenue. In 2022, the automotive, chemicals and petrochemicals, and food and beverage manufacturing sectors will be the major end-users of the global HMI market.
HMI Market: Geographical Analysis
North America to remain the largest market followed by Europe
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, 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.
Key topics covered are
9 Global HMI Market
9.1 Market Overview
9.1.1 Market Size & Forecast
9.2 Porter’s Five Forces Analysis
9.2.1 Threat of New Entrants
9.2.2 Bargaining Power of Suppliers
9.2.3 Bargaining Power of Buyers
9.2.4 Threat of Substitutes
9.2.5 Competitive Rivalry
10 HMI Market- BY Technology
10.1 Market Overview
10.2 Optical HMI
10.2.1 Market Size and Forecast
10.3 Acoustic HMI
10.3.1 Market Size and Forecast
10.4 Bionic HMI
10.4.1 Market Size and Forecast
10.5 Tactile HMI
10.5.1 Market Size and Forecast
10.6 Motion HMI
10.6.1 Market Size and Forecast
11 HMI Market- by Configuration
11.1 Market Overview
11.2 Standalone HMI
11.2.1 Market Size and Forecast
11.3 Embedded HMI
11.3.1 Market Size and Forecast
12 HMI Market – By Interface
12.1 Segmental Overview
12.2 HMI Software
12.2.1 Market Size and Forecast
12.3 HMI Hardware
12.3.1 Market Size and Forecast
13 HMI Market - by End-user
13.1 Segmental Overview
13.2 Automotive HMI
13.2.1 Market Size and Forecast
13.3 Chemicals and Petrochemicals HMI
13.3.1 Market Size and Forecast
13.4 Mining and Metallurgy HMI
13.4.1 Market Size and Forecast
13.5 Paper, Packaging, and Printing HMI
13.5.1 Market Size and Forecast
13.6 Food and Beverage HMI
13.6.1 Market Size and Forecast
13.7 Healthcare HMI
13.7.1 Market Size and Forecast
13.8 Oil and Gas HMI
13.8.1 Market Size and Forecast
13.9 Other End-user HMI
13.9.1 Market Size and Forecast
14 HMI Market – By Geography
14.1 Market Overview
15 APAC: HMI Market
15.1 Market Size and Forecast
15.2 China
15.2.1 Market Size and Forecast
15.3 Japan
15.3.1 Market Size and Forecast
15.4 Other APAC Countries
15.4.1 Market Size and Forecast
16 Europe: HMI Market
16.1 Market Size and Forecast
17 MEA: HMI Market
17.1 Market Size and forecast
18 North America: HMI Market
18.1 Market Size and Forecast
18.2 US
18.2.1 Market Size and Forecast
18.3 Canada
18.3.1 Market Size and Forecast
19 Latin America: HMI Market
19.1 Market Size and Forecast
20 Competitive Landscape
20.1 Market Structure and Mapping of Competition
20.2 Overview of Competition
20.2.1 Herfindahl-Hirschman Index
Order a report now: https://www.arizton.com/market-reports/human-machine-interface-market
About Arizton Advisory & Intelligence
Arizton – Advisory and Intelligence is an innovation and quality-driven firm, which offers cutting-edge research solutions to clients across the world. We excel in providing comprehensive market intelligence reports and advisory and consulting services.
Arizton has gained a paramount standpoint in the market research arena as it offers top of the line solutions to clients to assess market landscape and to finalize foolproof business strategies. We are committed to provide inclusive market research reports and consulting services to clients from diversified industries including –Consumer Goods & Retail Technology, Automotive and Mobility, Smart Tech, Healthcare and Lifesciences, Industrial Machinery, Chemicals and Materials, IT and Media, Logistics and Packaging
Arizton comprises a team of exuberant and well-experienced analysts who have mastered in generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.
Arizton Advisory & Intelligence
Chicago, Illinois, 60605
Mail: enquiry@arizton.com
Call: +1-312-465-7864
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