Human-Machine Interface (HMI) Market, By Product (Interface Software, Display Terminals and Industrial PC), By Application (Healthcare, Automotive, Oil & Gas, Packaging, Food & Beverages and Defence) and Geography (North America, Europe, Asia Pacific and Rest of the World) Analysis, Share, Trends, Size, & Forecast from 2014 2025
Report Code: AV390
Industry: Semiconductor and Electronics
Publiced On: 2020-09-01
Pages: 165
Format:
REPORT HIGHLIGHT
The Human-Machine Interface (HMI) Market was valued at USD 4.02 billion by 2017, growing with 8.58% CAGR during the forecast period, 2019-2025.
Market Dynamics
Surging demand for efficiency coupled with escalating need for data security & dedicated hardware is expected to drive market growth. Integration of products and analytics software is further anticipated to enhance quality as well as productivity thereby spurring demand. The escalating demand for high-resolution screens that analyzes process efficiently is expected to offer extraordinary growth opportunities for HMI market. Further, continual upgrading of computer processors is surmised to replace traditional systems, thereby contributing to the swelling product demand. Additionally, evolution in broadband access technology is further anticipated to offer appreciable growth avenues over the forecast period.
Technological advancements ranging from fully functional, touchscreen and graphic oriented terminals to Light Emitting Diode (LED) indicators coupled with the integration of Wi-Fi & Bluetooth in these products are expected to catapult demand due to improved device mobility. High installation cost is, however, expected to pose a severe challenge to industry development.
Which product is anticipated to witness demand
Display terminals and interface software find widespread application in the industrial automation system. The transformation from traditional Cathode Ray Tube (CRT)-based video terminals to innovative Thin-Film-Transistor Liquid-Crystal Display (TFT-LCD) and other technological advancements have led to enhanced share for display terminals. Capacitive display along with LCD-based UHD and LED are also expected to provide growth avenues. Additionally, an array of display technologies is assumed to catapult industry market expansion significantly over the next few years.
Industrial PC which is another significant product which was first manufactured and applied in industrial automation by IBM. Considerable changes in computer processors, escalating need for high storage space and processing power is further expected to substitute the traditional computer processor thereby increasing demand for industrial PC.
Does this market possess major application areas
HMI terminals are conspicuously used in the manufacturing industry for automation and overall improvement for the process. Its applications in the manufacturing industry include providing warning & alarms, improving communication between user & machine along with significant cost reduction. Speedy industrialization in emerging economies such as China and India is anticipated to support growth. Additionally, intensifying shale oil extraction in North America may increase the demand for industrial automation, thus augmenting the industry demand.
HMI also finds significant application in the automotive market. Usage of advanced technology in automobiles has improved car dashboard layout to more dynamic, flexible and adaptable design. The integration of HMIs with a speech input/output system may improve a driver’s concentration and thus is likely to catalyze industry growth. Usage in the healthcare sector primarily includes emotions analytics. This market also finds increased application in cybersecurity, unmanned vehicles & drones particularly in military, aerospace, and defense sector.
Which regions are expected to foster growth
The North America HMI market is expected to emerge as the largest market owing to high technology adoption in the region. The burgeoning number of automation projects play a major role in regional product demand further. Emerging economies in Asia-Pacific are likely to witness rapid growth owing to rising industrialization, low-cost labor, and availability of cheap raw materials. Europe is however expected to witness steady growth over the forecast period due to slow down in the European economy.
Key Players Takeaway
Major industry players include Rockwell Automation Inc., Siemens, Honeywell International, Omron Corporation, General Electric Company, Emerson Electric Corporation, Eaton Corporation, and ABB Limited
What do the key HMI players gain from the global HMI market
Product developers emphasize on technological innovation in displays in order to develop an efficient and better application-specific product to lead the industry. Major business players focus on mergers and acquisitions as a key growth strategy in this industry. Issues such as the large volume of operation database instigate manufacturers to focus on systems that aim to resolve this problem. Increasing preference for digital panels over traditional systems is anticipated to catapult innovation and hence drive demand.
The market size and forecast for each segment and sub-segments has been considered as below:
- Historical Year – 2014 & 2016
- Base Year – 2017
- Estimated Year – 2018
- Projected Year – 2025
TARGET AUDIENCE
- Traders, Distributors, and Suppliers
- Manufacturers
- Government and Regional Agencies
- Research Organizations
- Consultants
- Distributors
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
MARKET, BY PRODUCT
- Interface Software
- Display Terminals
- Industrial PC
MARKET, BY APPLICATION
- Healthcare
- Automotive
- Oil & Gas
- Packaging
- Food & Beverages
- Defence
MARKET, BY REGION
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- Rest of Europe
- Asia Pacific
- India
- China
- Rest of APAC
- Rest of the World
- Middle East and Africa
- Latin America
TABLE OF CONTENT
1. HUMAN-MACHINE INTERFACE (HMI) MARKET OVERVIEW
1.1. Study Scope
1.2. Assumption and Methodology
2. EXECUTIVE SUMMARY
2.1. Market Snippet
2.1.1. Market Snippet by Product
2.1.2. Market Snippet by Application
2.1.3. Market Snippet by Region
2.2. Competitive Insights
3. HUMAN-MACHINE INTERFACE (HMI) KEY MARKET TRENDS
3.1. Market Drivers
3.1.1. Impact Analysis of Market Drivers
3.2. Market Restraints
3.2.1. Impact Analysis of Market Restraints
3.3. Market Opportunities
3.4. Market Future Trends
4. HUMAN-MACHINE INTERFACE (HMI) INDUSTRY STUDY
4.1. Porter’s Five Forces Analysis
4.2. Marketing Strategy Analysis
4.3. Growth Prospect Mapping
4.4. Regulatory Framework Analysis
5. HUMAN-MACHINE INTERFACE (HMI) MARKET LANDSCAPE
5.1. Market Share Analysis
5.2. Key Innovators
5.3. Breakdown Data, by Key manufacturer
5.3.1. Established Player Analysis
5.3.2. Emerging Player Analysis
6. HUMAN-MACHINE INTERFACE (HMI) MARKET – BY PRODUCT
6.1. Overview
6.1.1. Segment Share Analysis, By Product, 2017 & 2025 (%)
6.2. Interface Software
6.2.1. Overview
6.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.3. Display Terminals
6.3.1. Overview
6.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.4. Industrial PC
6.4.1. Overview
6.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7. HUMAN-MACHINE INTERFACE (HMI) MARKET – BY APPLICATION
7.1. Overview
7.1.1. Segment Share Analysis, By Application, 2017 & 2025 (%)
7.2. Healthcare
7.2.1. Overview
7.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.3. Automotive
7.3.1. Overview
7.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.4. Oil & Gas
7.4.1. Overview
7.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.5. Packaging
7.5.1. Overview
7.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.6. Food & Beverages
7.6.1. Overview
7.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.7. Defence
7.7.1. Overview
7.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8. HUMAN-MACHINE INTERFACE (HMI) MARKET– BY GEOGRAPHY
8.1. Introduction
8.1.1. Segment Share Analysis, By Region, 2017 & 2025 (%)
8.2. North America
8.2.1. Overview
8.2.2. Key Manufacturers in North America
8.2.3. North America Market Size and Forecast, By Country, 2014 – 2025 (US$ Million)
8.2.4. North America Market Size and Forecast, By Product, 2014 – 2025 (US$ Million)
8.2.5. North America Market Size and Forecast, By Application, 2014 – 2025 (US$ Million)
8.2.6. U.S.
8.2.6.1. Overview
8.2.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.2.7. Canada
8.2.7.1. Overview
8.2.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.3. Europe
8.3.1. Overview
8.3.2. Key Manufacturers in Europe
8.3.3. Europe Market Size and Forecast, By Country, 2014 – 2025 (US$ Million)
8.3.4. Europe Market Size and Forecast, By Product, 2014 – 2025 (US$ Million)
8.3.5. Europe Market Size and Forecast, By Application, 2014 – 2025 (US$ Million)
8.3.6. France
8.3.6.1. Overview
8.3.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.3.7. Germany
8.3.7.1. Overview
8.3.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.3.8. Rest of Europe
8.3.8.1. Overview
8.3.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.4. Asia Pacific (APAC)
8.4.1. Overview
8.4.2. Key Manufacturers in Asia Pacific
8.4.3. Asia Pacific Market Size and Forecast, By Country, 2014 – 2025 (US$ Million)
8.4.4. Asia Pacific Market Size and Forecast, By Product, 2014 – 2025 (US$ Million)
8.4.5. Asia Pacific Market Size and Forecast, By Application, 2014 – 2025 (US$ Million)
8.4.6. China
8.4.6.1. Overview
8.4.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.4.7. India
8.4.7.1. Overview
8.4.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.4.8. Rest of APAC
8.4.8.1. Overview
8.4.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.5. Rest of the World
8.5.1. Overview
8.5.2. Key Manufacturers in Rest of the World
8.5.3. Rest of the World Market Size and Forecast, By Country, 2014 – 2025 (US$ Million)
8.5.4. Rest of the World Market Size and Forecast, By Product, 2014 – 2025 (US$ Million)
8.5.5. Rest of the World Market Size and Forecast, By Application, 2014 – 2025 (US$ Million)
8.5.6. Latin America
8.5.6.1. Overview
8.5.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.5.7. Middle East and Africa
8.5.7.1. Overview
8.5.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9. KEY VENDOR ANALYSIS
9.1. Rockwell Automation Inc.
9.1.1. Company Snapshot
9.1.2. Financial Performance
9.1.3. Product Benchmarking
9.1.4. Strategic Initiatives
9.2. Siemens AG
9.3. Honeywell International
9.4. Omron Corporation
9.5. General Electric Company
9.6. Emerson Electric Corporation
9.7. Eaton Corporation
9.8. ABB Limited
10. 360 DEGREE ANALYSTVIEW
11. APPENDIX
11.1. Research Methodology
11.2. References
11.3. Abbreviations
11.4. Disclaimer
11.5. Contact Us
List of Tables
TABLE List of data sources
TABLE Market drivers; Impact Analysis
TABLE Market restraints; Impact Analysis
TABLE Human-Machine Interface (HMI) market: Product snapshot (2018)
TABLE Segment Dashboard; Definition and Scope, by Product
TABLE Global Human-Machine Interface (HMI) market, by Product 2014-2025 (USD Million)
TABLE Human-Machine Interface (HMI) market: Application snapshot (2018)
TABLE Segment Dashboard; Definition and Scope, by Application
TABLE Global Human-Machine Interface (HMI) market, by Application 2014-2025 (USD Million)
TABLE Human-Machine Interface (HMI) market: regional snapshot (2018)
TABLE Segment Dashboard; Definition and Scope, by region
TABLE Global Human-Machine Interface (HMI) market, by region 2014-2025 (USD Million)
TABLE North America Human-Machine Interface (HMI) market, by country, 2014-2025 (USD Million)
TABLE North America Human-Machine Interface (HMI) market, by Product, 2014-2025 (USD Million)
TABLE North America Human-Machine Interface (HMI) market, by Application, 2014-2025 (USD Million)
TABLE Europe Human-Machine Interface (HMI) market, by country, 2014-2025 (USD Million)
TABLE Europe Human-Machine Interface (HMI) market, by Product, 2014-2025 (USD Million)
TABLE Europe Human-Machine Interface (HMI) market, by Application, 2014-2025 (USD Million)
TABLE Asia Pacific Human-Machine Interface (HMI) market, by country, 2014-2025 (USD Million)
TABLE Asia Pacific Human-Machine Interface (HMI) market, by Product, 2014-2025 (USD Million)
TABLE Rest of the World Human-Machine Interface (HMI) market, by country, 2014-2025 (USD Million)
TABLE Rest of the World Human-Machine Interface (HMI) market, by Product, 2014-2025 (USD Million)
TABLE Rest of the World Human-Machine Interface (HMI) market, by Application, 2014-2025 (USD Million)
List of Figures
FIGURE Human-Machine Interface (HMI) market segmentation
FIGURE Market research methodology
FIGURE Value chain analysis
FIGURE Porter’s Five Forces Analysis
FIGURE Market Attractiveness Analysis
FIGURE Competitive Landscape; Key company market share analysis, 2018
FIGURE Product segment market share analysis, 2017 & 2025
FIGURE Product segment market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Interface Software market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Display Terminals market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Industrial PC market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Application segment market share analysis, 2017 & 2025
FIGURE Application segment market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Healthcare market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Automotive market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Oil & Gas market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Packaging market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Food & Beverages market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Defence market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Regional segment market share analysis, 2017 & 2025
FIGURE Regional segment market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE North America Human-Machine Interface (HMI) market share and leading players, 2018
FIGURE Europe Human-Machine Interface (HMI) market share and leading players, 2018
FIGURE Asia Pacific Human-Machine Interface (HMI) market share and leading players, 2018
FIGURE Latin America Human-Machine Interface (HMI) market share and leading players, 2018
FIGURE Middle East and Africa Human-Machine Interface (HMI) market share and leading players, 2018
FIGURE North America market share analysis by country, 2018
FIGURE U.S. market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Canada market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Europe market share analysis by country, 2018
FIGURE U.K. market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Germany market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Rest of the Europe market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Asia Pacific market share analysis by country, 2018
FIGURE India market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE China market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Rest of Asia Pacific market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Rest of the World market share analysis by country, 2018
FIGURE Latin America market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Middle East and Africa market size, forecast and trend analysis, 2014 to 2025 (USD Million)
