Global Human Machine Interface (HMI) industry valued approximately USD 3.3 billion in 2016 is anticipated to grow with a healthy growth rate of more than 9.3% over the forecast period 2017-2025. The major factors driving this industry are increasing adoption of industrial automation equipment in the manufacturing sector, advancement of the industrial internet of things (IIoT), rising demands for smart automation solutions, the increasing need of efficiency and monitoring in manufacturing plants.
The objective of the study is to define market sizes of different segments & countries in previous years and to forecast the values to the next eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry with respect to each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as drivers & restraining factors which will define the future growth of the market. Additionally, it will also incorporate the opportunities available in micro markets for stakeholders to invest, detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
Hardware:
> Basic HMI
> Advanced PC-based HMI
> Advanced Panel-based HMI
Software:
> On-Premise HMI
> Cloud-based HMI
Configuration Type:
> Stand-Alone HMI
> Embedded HMI
Industry:
> Process Industry
> Discrete Industry
Regions:
> North America
o U.S.
o Canada
> Europe
o UK
o Germany
> Asia Pacific
o China
o India
o Japan
> Latin America
o Brazil
o Mexico
> Rest of the World
Furthermore, the years considered for the study are as follows:
Historical year - 2015
Base year - 2016
Forecast period - 2017 to 2025
Some of the key manufacturers involved in the market are Emerson Electric Corp., Beijer Electronics, Advantech Co. Ltd., AT&T Inc., Eaton corp., General Electric Corp., Mitsubishi Electric Corp., and Invensys Plc. Acquisitions and effective mergers are some of the strategies adopted by the key manufacturers. Other strategies include new product developments and focus on continuous technology innovations.
Target Audience of the Human Machine Interface (HMI) Market Study
> Key Consulting Companies & Advisors
> Large, medium-sized, and small enterprises
> Venture capitalists
> Value-Added Resellers (VARs)
> Third-party knowledge providers
> Investment bankers
> Investors
Please note that owing to the criticality of the Human Machine Interface (HMI) market and rapidly changing market attributes, we are in the middle of updating the report. The final report may require 2 to 3 working days post-confirmation in order to cater to the most recent updates.
